Check Availability

601 West 8th Street

601 West 8th Street, Monroe, MI 48161
Property in Monroe
Sold Oct 02, 2017
$159,000
$1,185,000 by Old National Bank
Mortgage Due May 28, 2026
601 West 8th Street 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 1909 and is 115 years old. The home has a total of 17 rooms. 8 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 601 West 8th Street has 4,336 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 1,070 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 5,227 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. Residents will have the luxury of enjoying a covered 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 wood siding. 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, 601 West 8th Street was last sold in Sep 28, 2017 for $159,000. According to our calculations, that's $36.67 per sqft. Current property owners are expected to pay $5,877 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2017. The property on 601 West 8th Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $113,160. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1909
  • Effective Year Built: 1909
  • Total Rooms: 17
  • Bedroom Count: 8
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Frame
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 2,168
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 5,227
  • Lot Size Depth Feet: 1,070
  • Lot Size Frontage Feet: 500
  • Total Building Area: 4,336
  • Building Area: 4,336
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 4,336
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BACON FARM
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BACON PLAT N 107 FT OF LOT 123

Ownership

  • Current Owner : MONROE HOME RENTALS LLC
  • Previous Owner : TRKULA TRUST
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: R-1A

Geography

  • District: 55
  • Parcel: 55-19-00114-000
  • Lot: 123
  • Municipality: MONROE CITY
  • Latitude: 41.9125
  • Longitude: -83.4103

    Address

  • Full Address: 601 W 8th St
  • Address - House Number: 601
  • Street Direction: W
  • Address - Street Name: 8th
  • Address - Suffix Type: St
  • State: MI
  • City Name: Monroe
  • Carrier Code: C029
  • 4-Digit Zip Code: 1559
  • Zip Code: 48161

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,877
  • Intital Tax Deliquent Year: 2017
  • Tax Rate Code Area: 55

    Appraisal Valuation

  • Standard Deviation: 0.2071
  • Valuation Date: May 10, 2023
  • Confidence Score: 71
  • Final Value: 262,990
  • High Value: 317,467
  • Low Value: 208,513

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,185,000
  • First Open Lien Mortgage Lender: OLD NATIONAL BANK
  • First Open Lien Mortgage Recording Date: May 28, 2021
  • First Open Lien Mortgage Loan Amount: $1,185,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: May 28, 2026

    Market Valuation

  • Market Total Value: $226,320

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $113,160

    Sales

  • Current Sale Contract Date: Sep 28, 2017
  • Current Sale Recording Date: Oct 02, 2017
  • Current Sale Transaction ID: 11356233884
  • Current Sale Price: $159,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017R19937

    Last Sale Mortgage

  • First Mortgage Lender: MONROE BANK & TRUST
  • First Mortgage Transaction Date: Oct 02, 2017
  • First Mortgage Loan Amount: $127,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Monroe



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 601 West 8th Street located in?
The 601 West 8th Street is a located in the neighborhood of Monroe in Monroe, Monroe.
What is the average sales price for listings in 601 West 8th Street?
The average sales price for units in 601 West 8th Street is $0 currently.

Quantcast