1 month on rocket

818 E 1st St, Monroe, MI, 48161

$174,900

Home List Price

$2,077*

Closing Credit

4 Full Baths
2,302 SqFt
$76/SqFt
Multi

Location

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818 E 1st St, Monroe$174,900

Buyer Closing Credits

$2,077*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1895
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
MLS #20240087071
Lot Size0.17 Acres
StatusActive

About 818 E 1st St

This 4-unit multi-family property is ideal for investors or owner-occupants! Two units are currently occupied. Units 1 & 2 feature washer and dryer hookups and have separate gas and electric meters Units 3 & 4 share water and heating systems. Unit# 2 is on a 1 year lease at 650 per month. Unit#4 is currently renting at 560 per month and has occupied the unit for over 20 years. The property includes a spacious basement for storage or potential expansion. Water is metered collectively. Schedule a showing today! BTVAI

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial, Craftsman
  • Year Built: 1895
  • Living Area: 2,302 SqFt

Listing Office:

  • Office Name: KW Professionals
  • Office Phone: (734) 459-4700
  • Listing Agent: Jeff Glover, Sean Konja

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4

Exterior Features

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: E Front St / Winchester St

Price Information

Listing Price Info

Price Summary:

  • List Price: $174,900
  • Price Per SqFt: $76/SqFt

Tax Information:

  • Annual Amount: $1,230
  • 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

818 E 1st St vs Monroe

31 DAYS ON ROCKET

-18 Days

$174,900

-$30.1K Less

$76/SqFt

-$60 Less

KEY TAKEAWAY

This property is $30.1K less than the Median Sold Price and $60/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: #20240087071

Listing Office:

  • Office Name: KW Professionals
  • Office Phone: (734) 459-4700
  • Listing Agent: Jeff Glover, Sean Konja

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: 12/22/2024, 6:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,230$34,430
2020$1,147$35,780
2019$1,124$30,170
2018$1,102$27,780
2017$1,086$26,140

History based on county public records data.

Payment Calculator

$940

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$591

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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-1042454
3
/10

  • Arborwood Elementary School

  • 1135 Riverview Ave

  • 1.29 miles

  • Public District Grades PK-6

school-card-donut-1042455
2
/10

  • Waterloo Elementary School

  • 1933 S Custer Rd

  • 2.05 miles

  • Public District Grades PK-6

school-card-donut-1042456
5
/10

  • Manor Elementary School

  • 1731 W Lorain St

  • 2.12 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 $43,824. The majority of Monroe, MI residents have income between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Monroe County›Monroe›48161›818 E 1st St

This home is located at 818 E 1st St in Monroe, MI and zip code 48161. This 2,302 square foot home, which was built in 1895, sits on a 0.17 acre lot. Features: 4 bathrooms. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $174,900.

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. Listings spent 49 days on the market in November 2024, and had a median list price of $205,000 during the same period.

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

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