Sold for $85,000

$85,000

524 Fernwood Dr #R, Monroe, MI 48161

6beds

2,048sqft

Multi Family

Built in 1946

-- sqft lot

$-- Zestimate^®

$42/sqft

$1,094 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,094/mo

Zestimate^® history

Owner options

List your home for rent

$1,094/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$1,094/mo

Rent Zestimate^®

Refinance and save

$444/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$444/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

Laundry areaFront porch

Wonderful investment property located on three spacious lots in Consolidated Paper Company Land Subdivision with two 3-bedroom houses & 2-car detached garage. Both homes are currently rented w/tenants on month-to-month basis. Front home is 1,008 square feet, sits on a crawl space & has a Front Porch, 3-Bedrooms, 1-Bathroom, Living Room, Dining Room, Kitchen & Laundry Area. Stove & Refrigerator are included with the sale of the front home. Rear home is 1,040 square feet, sits on a crawl space & has 3-Bedrooms, 1-Bathroom, Living Room, Dining Room, Kitchen & Laundry Area. No appliances included with the rear unit as they are owned by the tenant. 2-Car Detached Garage is 25x25 w/electric service. Both rental units underwent City of Monroe Inspections & are certified for 2 years. Tenants pay month-to-month rents & are responsible for payment of their own utilities.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air

Appliances

Laundry: Upper Level

Features

Basement: Crawl Space
Has fireplace: No

Interior area

Total structure area: 2,048
Total interior livable area: 2,048 sqft

Property

Parking

Total spaces: 3
Parking features: 3 or More Spaces, Detached, Electric in Garage
Garage spaces: 2

Features

Exterior features: Sidewalks
Fencing: Fenced,Fence Owned
Frontage length: 109

Lot

Size: 0.37 Acres
Dimensions: 109 x 149
Features: Corner Lot

Details

Parcel number: 4900298000
Zoning description: Residential
Special conditions: Private

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding

Condition

Year built: 1946

Utilities & green energy

Gas: Natural Gas
Sewer: Public Sanitary
Water: Public

Community & HOA

Community

Subdivision: Consolidated Land Co Inc 1

Location

Region: Monroe

Financial & listing details

Price per square foot: $42/sqft
Annual tax amount: $1,177
Date on market: 11/24/2023
Cumulative days on market: 14 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Lease term: Month To Month
Total actual rent: 1050

Price history

Date	Event	Price
12/20/2023	Sold	$85,000-25.4%$42/sqft
Source: MiRealSource #50128484 Report a problem
12/7/2023	Pending sale	$114,000$56/sqft
Source: MiRealSource #50128484 Report a problem
11/24/2023	Listed for sale	$114,000$56/sqft
Source: MiRealSource #50128484 Report a problem