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424 North Monroe Street

424 North Monroe Street, Monroe, MI 48162
Property in Monroe
Sold Oct 08, 2019
$125,000
Buyer
Seller
$127,376 by Union Home Mortgage Corp
Mortgage Due Nov 01, 2049
Sold Oct 08, 2019
$124,696
Buyer
Seller
$127,376 by Union Home Mortgage Corp
Mortgage Due Nov 01, 2049
Local assessors in Monroe, MI have categorized 424 North Monroe Street as a residential type of property. The home was built in 1913 and is 111 years old. The property's lot size has been calculated to be 9,583 square feet. The linear feet between the front and back of the lot was measured at 2,138 ft and the front of the lot was measured at 450 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 424 North Monroe Street has a total of 1,478 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. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Do you like to entertain? The home has a covered porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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 - D. The building has a hip style roof that was made of shingle (not wood). Lots of wood siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 424 North Monroe Street sold most recently in Sep 25, 2019 for a total of $125,000. If you work out the math, that's approximately a cost of $84.57 per sqft. Before that, the property was also sold for $124,696 in Sep 25, 2019. 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 $2,579 in taxes each year. 424 North Monroe Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $57,080. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1913
  • Effective Year Built: 1913
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Frame
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 991
  • Parking Type: Attached
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Depth Feet: 2,138
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,478
  • Building Area: 1,478
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,478
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COMM 211.30 FT N 24D 30M E FR INT E LI N MONROE ST WI N LI NOBLE AVE; TH N 24D 30M E 45 FT; TH S 65D 30M E 213.8 FT; TH S 24D

Ownership

  • Current Owner : HURT JASON E
  • Previous Owner : BATES RACHEL
  • Owner Before Previous Owner: RACHEL BATES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Monroe Public Schools
  • School Tax School District: MONROE PUBLIC
  • Census Tract: 831600

Zoning

  • Zoning: R-1A

Geography

  • District: 55
  • Parcel: 55-69-01321-000
  • Municipality: MONROE CITY
  • Latitude: 41.922
  • Longitude: -83.3938

    Address

  • Full Address: 424 N Monroe St
  • Address - House Number: 424
  • Street Direction: N
  • Address - Street Name: Monroe
  • Address - Suffix Type: St
  • State: MI
  • City Name: Monroe
  • Carrier Code: C009
  • 4-Digit Zip Code: 2624
  • Zip Code: 48162

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,579
  • Tax Rate Code Area: 55

    Appraisal Valuation

  • Standard Deviation: 0.2538
  • Valuation Date: May 10, 2023
  • Confidence Score: 64
  • Final Value: 157,234
  • High Value: 197,144
  • Low Value: 117,325

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $127,376
  • First Open Lien Mortgage Lender: UNION HOME MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Oct 08, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $127,376
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2049

    Market Valuation

  • Market Total Value: $114,160

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $57,080

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 25, 2019
  • Current Sale Recording Date: Oct 08, 2019
  • Current Sale Transaction ID: 11670741888
  • Current Sale Price: $125,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019R17286
  • Previous Sale Recording Date: Oct 08, 2019
  • Previous Sale Contract Date: Sep 25, 2019
  • Previous Sale Amount: $124,696
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNION HOME MORTGAGE CORP
  • First Mortgage Transaction Date: Oct 08, 2019
  • First Mortgage Loan Amount: $127,376
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Nov 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: UNION HOME MORTGAGE CORP
  • Previous Mortgage Transaction Date: Oct 08, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $127,376
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Nov 01, 2049

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Frequently Asked Questions

What neighborhood is 424 North Monroe Street located in?
The 424 North Monroe Street is a located in the neighborhood of Monroe in Monroe, Monroe.
What is the average sales price for listings in 424 North Monroe Street?
The average sales price for units in 424 North Monroe Street is $0 currently.

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