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Sold for $228,500
  • $228,500

    513 Borgess Ave, Monroe, MI 48162

    4beds
    2,158sqft
    Multi Family
    Built in 1924
    -- sqft lot
    $258,000 Zestimate®
    $106/sqft
    $1,167 Estimated rent

    Home value

    $258,000

    $245,000 - $273,000

    $1,167/mo

    Zestimate® history
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    $1,167/mo

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    $1,511/mo

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    $1,511/mo

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    What's special

    Great opportunity on this turn key duplex, in a spectacular neighborhood! Live in one & rent the other, or rent out both for a positive cash flow generator. 513 Borgess is vacant & 515 Borgess is in a lease, until 7/15/25 @ $1200 a month. Shared driveway leads to an oversized 2 car garage and a nice little back yard. Each unit has 2 beds & 2 full baths, large kitchen, liv rm & din rm. Each unit has their own private basements w/ washer & dryer & each have a walk up attic for storage. Each have a covered front porch w/ private entrance. Some updates include: new high eff furnaces & A-coils, central air, hot water tanks, several vinyl windows, 1 new kitchen w/ granite countertops & 1 remodeled kitchen, all baths remodeled/updated(1 bath has a sliding barn door), updated roof, vinyl siding, new light fixtures & ceiling fans, new blinds, tons of new vinyl plank flooring, freshly painted & new sump pump. Please do not park in shared driveway. Showings will be in the vacant unit only(513) w/ lockbox. Licensed agent must be present at all times! Buyer/buyer agent to verify all info.

    Zillow last checked:

    Listing updated:

    Listed by:

    Brian Russell 734-558-7132,

    Premiere Realty Group, LLC

    Bought with:

    Carl Poling, 6502125608

    Howard Hanna Real Estate Services-Tecumseh

    Source: MiRealSource,MLS#: 50148401MLS LogoOriginating MLS: Southeastern Border Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Bathroom
    • Features: First Flr Bath Lav/Half, Second Flr Bath Lav/Half
    Dining room
    • Features: Formal Dining Room
    Heating
    • Forced Air
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer, Gas Water Heater
    Features
    • Sump Pump
    • Flooring: Ceramic Tile
    • Basement: Block,Full
    • Has fireplace: No
    Interior area
    • Total structure area: 2,158
    • Total interior livable area: 2,158 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage, On Street, Detached, Electric in Garage, Garage Door Opener
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Porch
    • Exterior features: Sidewalks
    Lot
    • Size: 5,227 sqft
    • Dimensions: 40 x 128
    • Features: Subdivision
    Details
    • Parcel number: 556900390000
    • Zoning description: Multi-Family
    • Special conditions: Private

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Basement
    Condition
    • Year built: 1924

    Utilities & green energy

    • Electric: Circuit Breakers
    • Gas: Natural Gas
    • Sewer: Public Sanitary
    • Water: Public
    • Utilities for property: Cable/Internet Avail.

    Community & neighborhood

    Community
    • Community features: Sidewalks, Street Lights
    Location
    • Region: Monroe
    • Subdivision: Shadowland Heights

    HOA & financial

    Other financial information
    • Total actual rent: 1200

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/18/2024Sold$228,500-2.7%$106/sqft
    Source: MiRealSource #50148401 Report a problem
    8/5/2024Pending sale$234,900$109/sqft
    Source: MiRealSource #50148401 Report a problem
    8/4/2024Contingent$234,900$109/sqft
    Source: MiRealSource #50148401 Report a problem
    7/29/2024Price change$234,900-2.1%$109/sqft
    Source: MiRealSource #50148401 Report a problem
    7/13/2024Listed for sale$239,900+43.7%$111/sqft
    Source: MiRealSource #50148401 Report a problem
    9/4/2020Sold$167,000-7.2%$77/sqft
    Source: MiRealSource #50018058 Report a problem
    7/24/2020Pending sale$179,900$83/sqft
    Source: Coldwell Banker Haynes R.E.-Monroe #50018058 Report a problem
    7/21/2020Listed for sale$179,900+57.8%$83/sqft
    Source: Coldwell Banker Haynes R.E.-Monroe #50018058 Report a problem
    5/15/2018Sold$114,000-0.8%$53/sqft
    Source: MiRealSource #21424169 Report a problem
    4/12/2018Pending sale$114,900$53/sqft
    Source: Real Estate 4U #3451916 Report a problem
    3/19/2018Listed for sale$114,900-10.9%$53/sqft
    Source: Real Estate 4U #3451916 Report a problem
    1/1/2018Listing removed$129,000$60/sqft
    Source: Real Estate 4U #3450543 Report a problem
    12/8/2017Price change$129,000-5.8%$60/sqft
    Source: Real Estate 4U #3450543 Report a problem
    9/27/2017Price change$137,000-1.4%$63/sqft
    Source: Real Estate 4U #3450543 Report a problem
    8/1/2017Listed for sale$139,000$64/sqft
    Source: Real Estate 4U #3450543 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,064 +22.4%$96,910 +9%
    2023$4,135 +2.3%$88,930 +14%
    2022$4,044 +14.4%$78,030 +2.1%
    2021$3,536 +77.7%$76,460 +4.6%
    2020$1,990 -40.7%$73,090 +6.3%
    2019$3,358 -8.7%$68,770 +2.7%
    2018$3,679 +14.1%$66,980
    2017$3,226 $66,980 +4.6%
    2016$3,226 $64,020 +13.1%
    2015$3,226 +3.5%$56,610
    2014$3,117 $56,610 +4.1%
    2013-- $54,380 -6.5%
    2012-- $58,130 -2.5%
    2011-- $59,610 -6.3%
    2010-- $63,600 -16.9%
    2009-- $76,500 -11.7%
    2008-- $86,590 -4.5%
    2007-- $90,640 +2.4%
    2006-- $88,550 -8.6%
    2005-- $96,920 +11.9%
    2003-- $86,610 +3.9%
    2002-- $83,390 +3.7%
    2001-- $80,420

    Find assessor info on the county website

    Neighborhood: 48162

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Monroe Public Schools

    Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $258,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $258,000