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509 Scottwood Avenue

509 Scottwood Avenue, Monroe, MI 48162
Property in Monroe
Sold May 10, 2021
$135,000
$95,000 by Monroe County Community Cu
Mortgage Due Jun 01, 2051
Sold Jul 14, 2014
$74,000
$59,200 by The Northern Ohio Investment C
Mortgage Due Aug 01, 2029
509 Scottwood Avenue has been categorized by the local assessors in Monroe, MI as a residential type of property. The building on the property was first built in 1943 and is 81 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 509 Scottwood Avenue has 832 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,230 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,098 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 352 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a porch. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a gable style roof made of shingle (not wood). The exterior walls of the building are made of brick. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 509 Scottwood Avenue was last sold in May 5, 2021 for $135,000. According to our calculations, that's $162.26 per sqft. Prior to that sales transaction, the property was sold for $74,000 in Jul 11, 2014. Current property owners are expected to pay $2,209 in taxes per year. The property on 509 Scottwood Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $48,900. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1943
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Frame
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 724
  • Parking Type: Attached
  • Garage Type: Garage
  • Garage Square Area: 352
  • Parking Space Count: 1
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 500
  • Total Building Area: 832
  • Building Area: 832
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 832
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FIRST ADD
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FIRST ADDITION TO HOLLYWOOD LOT 197 AND WEST 10 FT OF LOT 198

Ownership

  • Current Owner : RUSH JR DAVE L
  • Current Owner 2: RUSH KIMBERLY KIMBERLY
  • Previous Owner : KURTZ JUSTIN W
  • Owner Before Previous Owner: BRUCK JANICE I
  • Owner Before Previous Owner 2: DUMKOW LAURA A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Monroe Public Schools
  • School Tax School District: MONROE PUBLIC
  • Census Tract: 831700

Zoning

  • Zoning: R-1A

Geography

  • District: 55
  • Parcel: 55-59-00771-000
  • Lot: 197-198
  • Municipality: MONROE CITY
  • Latitude: 41.9242
  • Longitude: -83.3845

    Address

  • Full Address: 509 Scottwood Ave
  • Address - House Number: 509
  • Address - Street Name: Scottwood
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Monroe
  • Carrier Code: C008
  • 4-Digit Zip Code: 2960
  • Zip Code: 48162

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,209
  • Tax Rate Code Area: 55

    Appraisal Valuation

  • Standard Deviation: 0.2538
  • Valuation Date: May 10, 2023
  • Confidence Score: 64
  • Final Value: 135,662
  • High Value: 170,096
  • Low Value: 101,228

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $95,000
  • First Open Lien Mortgage Lender: MONROE COUNTY COMMUNITY CU
  • First Open Lien Mortgage Recording Date: May 10, 2021
  • First Open Lien Mortgage Loan Amount: $95,000
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $97,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $48,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 05, 2021
  • Current Sale Recording Date: May 10, 2021
  • Current Sale Transaction ID: 11841580297
  • Current Sale Price: $135,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R12712
  • Previous Sale Recording Date: Jul 14, 2014
  • Previous Sale Contract Date: Jul 11, 2014
  • Previous Sale Amount: $74,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MONROE COUNTY COMMUNITY CU
  • First Mortgage Transaction Date: May 10, 2021
  • First Mortgage Loan Amount: $95,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: THE NORTHERN OHIO INVESTMENT C
  • Previous Mortgage Transaction Date: Jul 14, 2014
  • Previous Mortgage Loan Amount: $59,200
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2029

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Frequently Asked Questions

What neighborhood is 509 Scottwood Avenue located in?
The 509 Scottwood Avenue is a located in the neighborhood of Monroe in Monroe, Monroe.
What is the average sales price for listings in 509 Scottwood Avenue?
The average sales price for units in 509 Scottwood Avenue is $0 currently.

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