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657 Michigan Avenue

657 Michigan Avenue, Monroe, MI 48162
Property in Monroe
Sold Jan 09, 2023
$159,400
$156,512 by American Financial Network Inc
Mortgage Due Jan 01, 2053
Sold Jun 16, 1997
$92,000
$91,769 by Mortgage Now Inc
Mortgage Due Jun 11, 2027
657 Michigan 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 1925 and is 99 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 657 Michigan Avenue has 1,314 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 1,050 ft and across the front of the lot is 800 ft. The area measurement of the land has been determined as 8,276 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 360 sqft. According to our sources, there is one available parking space. 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 hip style roof made of shingle (not wood). The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of plaster. 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. 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, 657 Michigan Avenue sold most recently in Jan 9, 2023 for a total of $159,400. If you work out the math, that's approximately a cost of $121.31 per sqft. Before that, the property was also sold for $92,000 in Jun 11, 1997. 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 $2,828 in taxes each year. 657 Michigan Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $66,760. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1925
  • Effective Year Built: 1925
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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: 690
  • Parking Type: Attached
  • Garage Type: Garage
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,314
  • Building Area: 1,314
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,314
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WINKWORTHS ADD
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WINKWORTHS ADDITION. LOTS 73 & 74 AND A STRIP OF LD BEING 5 FT E & W BY 80 FT N & S ADJ W SIDE SD LOTS 73 & 74 BEING A PART

Ownership

  • Current Owner : MEDINA-RODRIGUEZ LUIS
  • Current Owner 2: HERNANDEZ AMY MEDINA
  • Previous Owner : TANK GEORGE A
  • Owner Before Previous Owner: GOINS WILLIAM M
  • 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: 55-59-01640-000
  • Lot: 73-74
  • Municipality: MONROE CITY
  • Latitude: 41.9231
  • Longitude: -83.3821

    Address

  • Full Address: 657 Michigan Ave
  • Address - House Number: 657
  • Address - Street Name: Michigan
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Monroe
  • Carrier Code: C007
  • 4-Digit Zip Code: 2979
  • Zip Code: 48162

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,828
  • Tax Rate Code Area: 55

    Appraisal Valuation

  • Standard Deviation: 0.2356
  • Valuation Date: May 10, 2023
  • Confidence Score: 67
  • Final Value: 165,123
  • High Value: 204,028
  • Low Value: 126,217

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $156,512
  • First Open Lien Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Open Lien Mortgage Recording Date: Jan 09, 2023
  • First Open Lien Mortgage Loan Amount: $156,512
  • 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, 2053

    Market Valuation

  • Market Total Value: $133,520

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $66,760

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 09, 2023
  • Current Sale Recording Date: Jan 09, 2023
  • Current Sale Transaction ID: 11901260006
  • Current Sale Price: $159,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 426
  • Previous Sale Recording Date: Jun 16, 1997
  • Previous Sale Contract Date: Jun 11, 1997
  • Previous Sale Amount: $92,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Mortgage Transaction Date: Jan 09, 2023
  • First Mortgage Loan Amount: $156,512
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE NOW INC
  • Previous Mortgage Transaction Date: Jun 16, 1997
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $91,769
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 11, 2027

About Monroe



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Frequently Asked Questions

What neighborhood is 657 Michigan Avenue located in?
The 657 Michigan Avenue is a located in the neighborhood of Monroe in Monroe, Monroe.
What is the average sales price for listings in 657 Michigan Avenue?
The average sales price for units in 657 Michigan Avenue is $0 currently.

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