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1440 Peters Street

1440 Peters Street, Monroe, MI 48161
Property in Monroe
Sold May 08, 2020
$82,297
$80,805 by Nations Lending Corp
Mortgage Due May 01, 2050
1440 Peters Street in Monroe, MI was first built in 2003 and is 21 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1440 Peters Street has 1,184 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 700 ft and the linear feet between the front and back of the lot is 1,400. In total, the area measurement of the land is 9,583 square feet.

Learn more about the property and building on this page. There is a covered porch. The home has a gable style roof made of shingle (not wood). The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as good. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1440 Peters Street sold most recently in Apr 15, 2020 for a total of $82,297. If you work out the math, that's approximately a cost of $69.51 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,475 in taxes each year. 1440 Peters Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $32,070. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Basement Area: 0
  • Parking Type: Attached
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,184
  • Building Area: 1,184
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,184
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HAGANS FARM
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HAGANS FARM PLAT LOTS 129 & 130

Ownership

  • Current Owner : CONWAY ALEXIS
  • Previous Owner : GRAVES M DAVID
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Monroe Public Schools
  • School Tax School District: MONROE PUBLIC
  • Census Tract: 831800

Zoning

  • Zoning: R-1A

Geography

  • District: 55
  • Parcel: 55-49-00514-000
  • Lot: 129-130
  • Municipality: MONROE CITY
  • Latitude: 41.9025
  • Longitude: -83.3826

    Address

  • Full Address: 1440 Peters St
  • Address - House Number: 1440
  • Address - Street Name: Peters
  • Address - Suffix Type: St
  • State: MI
  • City Name: Monroe
  • Carrier Code: C028
  • 4-Digit Zip Code: 1055
  • Zip Code: 48161

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,475
  • Tax Rate Code Area: 55

    Appraisal Valuation

  • Standard Deviation: 0.2559
  • Valuation Date: May 10, 2023
  • Confidence Score: 63
  • Final Value: 103,839
  • High Value: 130,417
  • Low Value: 77,261

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $80,805
  • First Open Lien Mortgage Lender: NATIONS LENDING CORP
  • First Open Lien Mortgage Recording Date: May 08, 2020
  • First Open Lien Mortgage Loan Amount: $80,805
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2050

    Market Valuation

  • Market Total Value: $64,140

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $32,070

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 15, 2020
  • Current Sale Recording Date: May 08, 2020
  • Current Sale Transaction ID: 11761377588
  • Current Sale Price: $82,297
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020R09132

    Last Sale Mortgage

  • First Mortgage Lender: NATIONS LENDING CORP
  • First Mortgage Transaction Date: May 08, 2020
  • First Mortgage Loan Amount: $80,805
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2050

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Frequently Asked Questions

What neighborhood is 1440 Peters Street located in?
The 1440 Peters Street is a located in the neighborhood of Monroe in Monroe, Monroe.
What is the average sales price for listings in 1440 Peters Street?
The average sales price for units in 1440 Peters Street is $0 currently.

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