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521 West 3rd Street

521 West 3rd Street, Monroe, MI 48161
Property in Monroe
Sold Feb 11, 2022
$186,500
$183,121 by American Financial Network Inc
Mortgage Due Jan 01, 2052
Sold Aug 25, 2021
$100,500
$112,731 by Commercial Lender Llc
Mortgage Due Sep 02, 2022
Local assessors in Monroe, MI have categorized 521 West 3rd Street as a residential type of property. The home was built in 1908 and is 116 years old. The property's lot size has been calculated to be 10,454 square feet. The linear feet between the front and back of the lot was measured at 2,211 ft and the front of the lot was measured at 480 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 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 is also a partial bathroom. 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 521 West 3rd Street has a total of 1,551 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. 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 220 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 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 alum/vinyl 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. 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, 521 West 3rd Street was last sold in Feb 11, 2022 for $186,500. According to our calculations, that's $120.25 per sqft. Prior to that sales transaction, the property was sold for $100,500 in Aug 17, 2021. Current property owners are expected to pay $2,864 in taxes per year. The property on 521 West 3rd Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $59,330. 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. 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.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.

Building Features

Exterior

Vinyl Siding

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1908
  • Effective Year Built: 1908
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 768
  • Garage Type: Garage
  • Garage Square Area: 220
  • Parking Space Count: 1
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 10,454
  • Lot Size Depth Feet: 2,211
  • Lot Size Frontage Feet: 480
  • Total Building Area: 1,551
  • Building Area: 1,551
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,551
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GROSVENOR
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GROSVENOR PLAT LOT 14

Ownership

  • Current Owner : KEISTER JAMIE
  • Current Owner 2: FELLER MARTHA KAY
  • Previous Owner : DYNAMIC PLUS REAL ESTATE LLC
  • Owner Before Previous Owner: FERRY CHARLES E
  • Owner Before Previous Owner 2: FERRY LINDA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Monroe Public Schools
  • School Tax School District: MONROE PUBLIC
  • Census Tract: 832100

Zoning

  • Zoning: R-1A

Geography

  • District: 55
  • Parcel: 55-19-00333-000
  • Lot: 14
  • Municipality: MONROE CITY
  • Latitude: 41.9167
  • Longitude: -83.4063

    Address

  • Full Address: 521 W 3rd St
  • Address - House Number: 521
  • Street Direction: W
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: MI
  • City Name: Monroe
  • Carrier Code: C031
  • 4-Digit Zip Code: 2403
  • Zip Code: 48161

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,864
  • Tax Rate Code Area: 55

    Appraisal Valuation

  • Standard Deviation: 0.239
  • Valuation Date: May 10, 2023
  • Confidence Score: 66
  • Final Value: 172,981
  • High Value: 214,325
  • Low Value: 131,636

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $183,121
  • First Open Lien Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Open Lien Mortgage Recording Date: Feb 11, 2022
  • First Open Lien Mortgage Loan Amount: $183,121
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $118,660

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,330

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 11, 2022
  • Current Sale Recording Date: Feb 11, 2022
  • Current Sale Transaction ID: 11880371226
  • Current Sale Price: $186,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3133
  • Previous Sale Recording Date: Aug 25, 2021
  • Previous Sale Contract Date: Aug 17, 2021
  • Previous Sale Amount: $100,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Mortgage Transaction Date: Feb 11, 2022
  • First Mortgage Loan Amount: $183,121
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: COMMERCIAL LENDER LLC
  • Previous Mortgage Transaction Date: Aug 25, 2021
  • Previous Mortgage Loan Amount: $112,731
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Sep 02, 2022

About Monroe



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Frequently Asked Questions

What neighborhood is 521 West 3rd Street located in?
The 521 West 3rd Street is a located in the neighborhood of Monroe in Monroe, Monroe.
What is the average sales price for listings in 521 West 3rd Street?
The average sales price for units in 521 West 3rd Street is $0 currently.

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