NOT LISTED FOR SALE

Estimated Value: $169,000 - $197,000

7 Beds
3 Baths
2,838 Sq Ft
$63/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $150,000 $53 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,156/month

2 Days on Market

About This Home

As of June 2022

Highest and Best due Wednesday May,18 at 8:00 pm Charming Duplex in Monroe with a stand alone house. 2 buildings on 1 lot. 3 units Altogether. Live in the house and rent out the other two units. All Three Units are Recently Painted Perfect Investment Opportunity or Starter Home. Separate Entrances For Each Unit Makes For Great Privacy. Private Backyard is Fenced, Perfect For Kids & Pets to Play, Entertaining Friends & Family, or Starting Your Own Garden. Separate gas and Electric, water is shared. This property offers a great owner-user opportunity or take advantage of a great investment return.

Last Agent to Sell the Property

Sheila Bussell

Key Realty One LLC - Roessler License #MCAR-6505366134 Listed on: 05/17/2022

Last Buyer's Agent

David Millerwise

MGR Realtors License #RCO-6502416832

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 3,485 Sq Ft Lot
  • 71 Ft Wide Lot

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Basement

  • Michigan Basement
  • Block Basement Construction

Utilities

  • Central Air
  • Separate Meters

Community Details

  • 3 Units
  • Reisig Plat West Subdivision

Listing and Financial Details

  • Assessor Parcel Number 58-55-49-00878-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 3886
  • Total Tax Year: 2021
  • Year Built: 1923
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Type: Block, MI Basement
  • Bedrooms: 7
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Dining Kitchen: Eat-In Kitchen

Exterior Features

  • Frontage: 71
  • Foundation Type: Basement

Utilities

  • Water: Public Water
  • Cooling System: Central A/C
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 58-55-49-00878-000
  • Lot Dimensions: 2838
  • Acreage: 0.08
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $1,983.00
  • Winter Tax: Year: 2021, Amount: $1,903.00
  • Total Tax: Year: 2021, Amount: $3,886.00

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2022
Closed on
Jun 1, 2022
Sold by
Terry M Knabusch Revocable Trust
Bought by
Monroe City Holdings Llc
Seller's Agent
Sheila Bussell
Key Realty One LLC - Roessler
Buyer's Agent
David Millerwise
MGR Realtors
List Price
$149,000
Sold Price
$150,000
Premium/Discount to List
$1,000
0.67%
Current Estimated Value
$177,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,996
Avg. Annual Appreciation
5.13%

Purchase Details

Closed on
Jul 21, 2021
Sold by
Knabusch Terry M and Knabusch Edward C
Bought by
Knabusch Terry M and Terry M Knabusch Revocable Tru

Purchase Details

Listed on
May 22, 2018
Closed on
Jul 31, 2018
Sold by
Weiss Joseph A and Weiss Lisa
Bought by
Knabusch Edward C and Knabusch Terry M
Seller's Agent
Ann MacIver
Coldwell Banker Haynes R.E. in Monroe
Buyer's Agent
Tom Paterson
NOW Realty of Michigan-Monroe
List Price
$129,900
Sold Price
$125,000
Premium/Discount to List
-$4,900
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.99%

Purchase Details

Listed on
Nov 14, 2013
Closed on
Nov 10, 2016
Sold by
Mushung Charles L and Charles L Mushung Trust
Bought by
Weiss Joseph A
Seller's Agent
Barbara Poupard
Coldwell Banker Haynes R.E. in Monroe
Buyer's Agent
Ann MacIver
Coldwell Banker Haynes R.E. in Monroe
List Price
$155,000
Sold Price
$110,000
Premium/Discount to List
-$45,000
-29.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.72%
Original Mortgage
$82,500
Interest Rate
3.47%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Monroe City Holdings Llc $150,000 None Listed On Document
Knabusch Terry M -- None Available
Knabusch Edward C $125,000 Lawyers Title
Weiss Joseph A $110,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weiss Joseph A $82,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/03/2022 06/03/22 Sold $150,000 +0.7% $53 / Sq Ft
05/19/2022 05/19/22 Pending -- -- --
05/17/2022 05/17/22 For Sale $149,000 +19.2% $53 / Sq Ft
07/31/2018 07/31/18 Sold $125,000 -3.8% $44 / Sq Ft View Prior Sale
06/20/2018 06/20/18 Pending -- -- --
05/22/2018 05/22/18 For Sale $129,900 +18.1% $46 / Sq Ft
11/10/2016 11/10/16 Sold $110,000 -29.0% $39 / Sq Ft View Prior Sale
09/26/2016 09/26/16 Pending -- -- --
11/14/2013 11/14/13 For Sale $155,000 -- $55 / Sq Ft
Source: Michigan Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,710 $85,300 $85,300 $0
2024 $2,610 $83,790 $0 $0
2023 $2,495 $68,670 $0 $0
2022 $4,028 $68,670 $0 $0
2021 $3,886 $62,530 $0 $0
2020 $4,023 $66,790 $0 $0
2019 $3,882 $66,790 $0 $0
2018 $3,271 $55,310 $0 $0
2017 $3,203 $55,310 $0 $0
2016 $2,435 $52,330 $0 $0
2015 $2,309 $40,920 $0 $0
2014 $2,309 $40,920 $0 $0
2013 -- $40,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50074549

Michigan Multiple Listing Service

APN: 55-49-00878-000