NOT LISTED FOR SALE

927 Smith St Monroe, MI 48161

Estimated Value: $139,000 - $259,981

4 Beds
3 Baths
3,217 Sq Ft
$57/Sq Ft Est. Value

Last Sold November 10, 2022

Last sale price $105,000 $33 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,025/month

19 Days on Market

About This Home

As of November 2022

CALLING ALL INVESTORS! HOT BUY ON THIS 3 UNIT MULTI-FAMILY RENTAL. 1 UNIT 3 BEDROOMS- 1 BATH, 2 UNITS 2 BEDROOM -1 BATH. CURRENT RENTS- BELOW MARKET BECAUSE OF CURRENT LONG TERM RENTERS. $650.00, $875.00 & $900.00 ( $900.00 RECENTLY VACATED). NO SHOWINGS AS NOT TO DISTURB RENTERS. SHOWINGS ONLY GRANTED UPON ACCEPTED OFFER WITH CONTINCENCY UPON SATISFACTORY VIEWING. THIS 3 UNIT IS PRICED TO SELL & OFFERS GREAT INVESTMENT OPPORTUNITY.

Last Agent to Sell the Property

Dan Berry

Four Seasons Realty Dan Berry Group License #6501277378 Listed on: 10/13/2022

Last Buyer's Agent

Tom Wagner

Howard Hanna - Monroe License #6501310943

Howard Hanna - Monroe

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1949

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 43.00 x 130.00

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 3 Full Bathrooms
  • 3,217 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 581212501100

Community Details

Overview

  • 3 Units
  • The Greening & Guettler Plat Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,349

Year Built

Built in 1949

Lot Details

0.41 Acres

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 58.00
  • Year Built: 1949
  • State Equalized Value: 78100.0000
  • Pets Allowed: Call
  • AgentOnly_ListPriceByAcre: 304878.0400
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 3217

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Road Frontage Type: Paved
  • Sideof Street: E

Utilities

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

Lot Info

  • Lot Size Area: 0.41
  • Lot Dimensions: 43.00 x 130.00
  • Parcel Number: 581212501100
  • Zoning: Multi-Family, Residential

Rental Info

  • Monthly Rental Income: 2425

Tax Info

  • Tax Amount Summer: 532.0000
  • Tax Amount Winter: 1817.0000
  • Total Tax: 2349.0000
  • Taxable Value: 48762.0000

Multi Family

  • Gross Scheduled Income: 12325.00
  • Number Of Units Total: 3

MLS Schools

  • School District: Monroe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2023
Sold by
927 Smith Street Trust
Bought by
Wagner Thomas
Current Estimated Value
$184,245

Purchase Details

Listed on
Jun 25, 2021
Closed on
Feb 2, 2022
Sold by
Holly Elkins
Bought by
927 Smith Street Trust
Seller's Agent
Marianna DeLuca
Century 21 Allstar Real Estate Team, Inc
Buyer's Agent
Allison Grego
Century 21 Allstar Real Estate Team, Inc
List Price
$134,900
Sold Price
$76,500
Premium/Discount to List
-$58,400
-43.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.04%
Original Mortgage
$56,250
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 25, 2021
Closed on
Jan 19, 2022
Sold by
Holly Elkins
Bought by
927 Smith Street Trust
Seller's Agent
Marianna DeLuca
Century 21 Allstar Real Estate Team, Inc
Buyer's Agent
Allison Grego
Century 21 Allstar Real Estate Team, Inc
List Price
$134,900
Sold Price
$76,500
Premium/Discount to List
-$58,400
-43.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 25, 2021
Closed on
Jan 5, 2022
Sold by
Nicholas Roberty Tracy
Bought by
Elkins Holly
Seller's Agent
Marianna DeLuca
Century 21 Allstar Real Estate Team, Inc
Buyer's Agent
Allison Grego
Century 21 Allstar Real Estate Team, Inc
List Price
$134,900
Sold Price
$76,500
Premium/Discount to List
-$58,400
-43.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
3.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Wagner Thomas $102,571 Michigan Title Insurance Agenc
927 Smith Street Trust -- None Listed On Document
927 Smith Street Trust -- None Listed On Document
Elkins Holly $76,500 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elkins Holly $56,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/10/2022 11/10/22 Sold $105,000 -16.0% $33 / Sq Ft
11/01/2022 11/01/22 Pending -- -- --
10/13/2022 10/13/22 For Sale $125,000 +63.4% $39 / Sq Ft
12/15/2021 12/15/21 Sold $76,500 -33.5% $60 / Sq Ft View Prior Sale
09/09/2021 09/09/21 Price Changed $115,000 -14.8% $90 / Sq Ft
06/25/2021 06/25/21 For Sale $134,900 -- $106 / 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 $929 $116,650 $4,750 $111,900
2024 $902 $105,000 $0 $0
2023 $859 $81,650 $0 $0
2022 $3,909 $81,650 $0 $0
2021 $2,349 $78,100 $0 $0
2020 $2,306 $68,300 $0 $0
2019 $515 $68,300 $0 $0
2018 $2,049 $55,600 $0 $0
2017 $2,006 $55,000 $0 $0
2016 $1,989 $55,000 $0 $0
2015 $1,941 $45,550 $0 $0
2014 $1,917 $45,550 $0 $0
2013 -- $45,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221051763

Realcomp

APN: 12-125-011-00

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