2 months on rocket

1529 Oak St, Monroe, MI, 48161

$125,000

Home List Price

$1,484*

Closing Credit

2 Bedrooms
1 Full Bath
1,044 SqFt
$120/SqFt
House

Location

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1529 Oak St, Monroe$125,000

Buyer Closing Credits

$1,484*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNoGarage
Year Built1930
HeatingForced Air, Natural Gas
BasementYes
MLS #20240076250
Lot Size0.26 Acres
StatusActive

About 1529 Oak St

Beautiful, well-maintained home—an investor’s dream or perfect for first-time homebuyers! This property features a long-term tenant on a month-to-month basis, currently paying $1,000 per month. With over a quarter-acre of land, the fully fenced yard provides plenty of space for expansion or outdoor enjoyment. Enjoy the peaceful, private setting with no close neighbors. Whether you're looking for an excellent investment opportunity or a cozy first home, this property offers both potential and privacy!

Property Details

Property Features

Property Information:

  • Architectural Style: CapeCod
  • Year Built: 1930
  • Living Area: 1,044 SqFt

Listing Office:

  • Office Name: RE/MAX, The Collective Agency
  • Office Phone: (248) 780-0942
  • Listing Agent: Mitchell Hollins

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: NoGarage

Lot Features

Lot Information:

  • Lot Size: 0.26 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: Oak Street between Clark St. & Conant Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $125,000
  • Price Per SqFt: $120/SqFt

Tax Information:

  • Annual Amount: $851
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Monroe, MI.

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Monroe, MI

City

Med. Sold Price

$205K

Med. Price/SqFt

$136

Avg. Days On Market

49

# of Sold Homes

41

1529 Oak St vs Monroe

70 DAYS ON ROCKET

+21 Days

$125,000

-$80K Less

$120/SqFt

-$16 Less

KEY TAKEAWAY

This property is $80K less than the Median Sold Price and $16/SqFt less than other homes in Monroe, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240076250

Listing Office:

  • Office Name: RE/MAX, The Collective Agency
  • Office Phone: (248) 780-0942
  • Listing Agent: Mitchell Hollins

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 5:21:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 07, 2016Home Sold
$23,000
Oct 28, 2008Home Sold
$12,500

Tax History

YEARPROP. TAXASSESSMENT
2021$851$20,240
2020$794$18,720
2019$778$15,360
2018$603$14,200
2017$604$13,440

History based on county public records data.

Payment Calculator

$691

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$441

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4409955
3
/10

  • Arborwood Elementary School

  • 1135 Riverview Ave

  • 1.81 miles

  • Public District Grades PK-6

school-card-donut-4409956
2
/10

  • Waterloo Elementary School

  • 1933 S Custer Rd

  • 2.65 miles

  • Public District Grades PK-6

school-card-donut-4409957
5
/10

  • Manor Elementary School

  • 1731 W Lorain St

  • 2.80 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $15,333. Typical income of Monroe, MI residents is less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1529 Oak St

What is the listing price of this property?

The listing price of 1529 Oak St property is $125,000.

What type of property is this?

The property 1529 Oak St is a house located in Monroe, Michigan, 48161.

Is this property for sale now?

Active Listing: 1529 Oak St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $851 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 7, 2016 for $23,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1529 Oak St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1529 Oak St is 1,044 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1529 Oak St is 1930.

Rocket Homes›Michigan›Monroe County›Monroe›48161›1529 Oak St

This home is located at 1529 Oak St in Monroe, MI and zip code 48161. This 1,044 square foot home, which was built in 1930, sits on a 0.26 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 09, 2024 and is currently priced at $125,000.

While more than 15 listings in Monroe, MI in November 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 20 were sold below. The number of listings in Monroe, MI decreased by 1% between October 2024 and November 2024. In November 2024 median list price was $205,000 and the average listing age was 49 days.

From Rocket Homes Real Estate and based on county public records data.

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