NOT LISTED FOR SALE

Estimated Value: $177,000 - $198,000

3 Beds
3 Baths
1,560 Sq Ft
$120/Sq Ft Est. Value

Last Sold January 07, 2025

Last sale price $177,500 $114 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,202/month

59 Days on Market

Highlights

  • Deck
  • 3 Car Garage
  • Laundry Facilities
  • Forced Air Heating System

About This Home

As of January 2025

Welcome to your next cash-flowing gem—a fully rented duplex with reliable returns. The lower unit, leased through August 31, 2026, features a cozy 1 bed, 1 bath layout with a spacious living room with new LVP flooring, a dining room with hardwood floors, and a kitchen with brand-new stainless steel appliances. Plus, enjoy convenient basement access perfect for storage and laundry, complete with an additional full bath. The upper unit, leased until February 4, 2025, offers privacy with its own rear entry staircase off the shared deck. Step inside to discover two comfortable bedrooms, a new in-unit double stack washer and dryer, and a full bathroom. The living room features a partition wall that separates it from the kitchen, which comes equipped with new flooring, a pantry, and new stainless steel appliances, including a dishwasher and fridge. Tenants enjoy outdoor space with inviting porches in the front, side, and back of the home, plus a long driveway accommodating multiple vehicles. The backyard shed provides additional storage solutions. This well-maintained rental property is in a prime location just minutes from Downtown Monroe, with amazing tenants already in place. Don’t miss out on this opportunity—make your offer today!

Last Agent to Sell the Property

Douglas Rahaim

DOBI Real Estate License #6501374444 Listed on: 10/03/2024

DOBI Real Estate

Co-Listed By

Alex Boles

DOBI Real Estate License #6501451665

DOBI Real Estate

Last Buyer's Agent

Alex Boles

DOBI Real Estate License #6501451665

DOBI Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1927

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40.00 x 105.00

Parking

  • 3 Car Garage

Home Design

  • Duplex
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 3 Full Bathrooms
  • 1,560 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 58555901618000

Community Details

Overview

  • 2 Units
  • Winkworths Add Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,462

Year Built

Built in 1927

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: 49.00
  • Year Built: 1927
  • State Equalized Value: 78930.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Laundry Facility
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1560

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Poured
  • Porch Type: Deck
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • MF Parking: Garage
  • Total Parking Spaces: 3

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 40.00 x 105.00
  • Parcel Number: 58555901618000
  • Zoning: Multi-Family, Residential

Rental Info

  • Rent Includes: Heat, Water/Sewer, Trash Collection, Water
  • Monthly Rental Income: 2200

Tax Info

  • Tax Amount Summer: 1225.0000
  • Tax Amount Winter: 1237.0000
  • Total Tax: 2462.0000
  • Taxable Value: 39030.0000

Multi Family

  • Gross Scheduled Income: 26400.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Monroe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2024
Closed on
Jan 3, 2025
Sold by
919 Michigan Ave Llc
Bought by
Mrm Realestate Usa Llc
Seller's Agent
Douglas Rahaim
DOBI Real Estate
Buyer's Agent
Alex Boles
DOBI Real Estate
List Price
$185,000
Sold Price
$177,500
Premium/Discount to List
-$7,500
-4.05%
Views
74
Current Estimated Value
$187,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,837
Avg. Annual Appreciation
4.64%
Original Mortgage
$142,000
Outstanding Balance
$141,014
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$46,323

Purchase Details

Listed on
Sep 10, 2023
Closed on
Oct 17, 2023
Sold by
Allen M Mcbee Trust
Bought by
919 Michigan Ave Llc
Seller's Agent
Allison Grego
Century 21 Allstar Real Estate Team, Inc
Buyer's Agent
Wade Edwards
EXIT Realty Land and Lakes
List Price
$162,900
Sold Price
$159,900
Premium/Discount to List
-$3,000
-1.84%
Views
83

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.79%

Purchase Details

Closed on
Mar 6, 2015
Sold by
Mcbee Allen M and Mcbee Allen Mitchell
Bought by
Mcbee Allen M and Allen M Mcbee Trust
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
Mrm Realestate Usa Llc $177,500 Twenty Two Title
919 Michigan Ave Llc $159,900 Lawyers Title Agency Of Monroe
Mcbee Allen M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mrm Realestate Usa Llc $142,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/07/2025 01/07/25 Sold $177,500 -4.1% $114 / Sq Ft
12/02/2024 12/02/24 Pending -- -- --
10/03/2024 10/03/24 For Sale $185,000 +15.7% $119 / Sq Ft
10/13/2023 10/13/23 Sold $159,900 -1.8% $103 / Sq Ft View Prior Sale
10/02/2023 10/02/23 Pending -- -- --
09/10/2023 09/10/23 For Sale $162,900 -- $104 / Sq Ft
Source: Realcomp

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 $2,726 $85,800 $85,800 $0
2024 $2,612 $83,520 $0 $0
2023 $1,225 $71,420 $0 $0
2022 $2,360 $71,420 $0 $0
2021 $2,284 $65,480 $0 $0
2020 $2,169 $57,790 $0 $0
2019 $2,081 $57,790 $0 $0
2018 $2,029 $46,710 $0 $0
2017 $1,990 $46,710 $0 $0
2016 $1,954 $43,090 $0 $0
2015 $1,888 $32,450 $0 $0
2014 $1,888 $32,450 $0 $0
2013 -- $37,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240073962

Realcomp

APN: 55-59-01618-000

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