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20525 Monica Street

20525 Monica Street, Detroit, MI 48221
Property in Pembroke
Sold Aug 18, 2023
$117,000
$111,000 by Rocket Mortgage Llc
Mortgage Due Sep 01, 2053
Sold May 28, 2020
$77,400
$75,998 by Flagstar Bank Fsb
Mortgage Due May 01, 2050
Local assessors in Detroit, MI have categorized 20525 Monica Street as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 6,098 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 600 ft. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 20525 Monica Street has a total of 690 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 280 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof. Lots of asbestos shingle were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source and it is being fueled with gas. The property was last sold in Aug 11, 2023 for $117,000. That's $169.57 per sqft. Prior to that sales transaction, the property was also sold in Apr 3, 2020 for $77,400. 20525 Monica Street was last assessed in 2023. The total value of the property was assessed at $11,400. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $941. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Quality: C
  • Exterior Walls Type: Asbestos shingle
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 672
  • Garage Type: Garage
  • Garage Square Area: 280
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 690
  • Building Area: 690
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 690
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KENILWORTH PARK SUB
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2024. W

Ownership

  • Current Owner : LEE MICHELE
  • Current Owner 2: NIKOLOV IVAN
  • Previous Owner : MAYO-MCHALE EMILY
  • Owner Before Previous Owner: BYNUM HOWARD
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Detroit City School District
  • School Tax School District: DETROIT
  • Census Tract: 539000

Zoning

  • Zoning: R1

Geography

  • District: 01
  • Parcel: 16021500-1
  • Block: 207
  • Municipality: DETROIT CITY
  • Latitude: 42.4454
  • Longitude: -83.1454

    Address

  • Full Address: 20525 Monica St
  • Address - House Number: 20525
  • Address - Street Name: Monica
  • Address - Suffix Type: St
  • State: MI
  • City Name: Detroit
  • Carrier Code: C011
  • 4-Digit Zip Code: 1285
  • Zip Code: 48221

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $941
  • Tax Rate Code Area: 82010

    Appraisal Valuation

  • Standard Deviation: 0.405
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 18
  • Final Value: 61,275
  • High Value: 86,091
  • Low Value: 36,458

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $111,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 17, 2023
  • First Open Lien Mortgage Loan Amount: $111,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2053

    Market Valuation

  • Market Total Value: $22,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,400

    Sales

  • Current Sale Contract Date: Aug 11, 2023
  • Current Sale Recording Date: Aug 18, 2023
  • Current Sale Transaction ID: 11911946078
  • Current Sale Price: $117,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 224341
  • Previous Sale Recording Date: May 28, 2020
  • Previous Sale Contract Date: Apr 03, 2020
  • Previous Sale Amount: $77,400
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: FLAGSTAR BANK FSB
  • Previous Mortgage Transaction Date: May 28, 2020
  • Previous Mortgage Loan Amount: $75,998
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2050

About Pembroke



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Frequently Asked Questions

What neighborhood is 20525 Monica Street located in?
The 20525 Monica Street is a located in the neighborhood of Pembroke in Pembroke, Detroit.
What is the average sales price for listings in 20525 Monica Street?
The average sales price for units in 20525 Monica Street is $0 currently.

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