2 Beds   2 Baths   1,500 Sq. Ft.   Single-Family
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Rosewood Ave
Monroe, MI 48162

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Status: Inactive
Listing ID: 59605459
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Learn about Rosewood Ave in Monroe, MI

This single-family property is available as a foreclosure at Rosewood Ave. It has 2 bedrooms, 2 bathrooms, and 1,500 square feet of living space. Based on our analysis of the current market conditions in Monroe for Rosewood Ave and comparable listings, the estimated market value is $188,159. The property located at single-family has potential equity of $72,840. If purchased for rental purposes, the monthly rental rate could range between $1,072 and $1,400. For those interested in resale, the estimated profit from selling is $72,840. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Rosewood Ave are updated daily along with others in Monroe, Michigan.

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Property Information

  • Price: $123,000
  • Bedrooms: 2
  • Bathrooms: 2
  • Living Area Size: 1,500
  • Year Built: 1947
  • Day(s) On Site: 125
  • Subdivision: HOLLYWOOD
  • Property Type: Single Family Dwelling

Public Records

  • Bedrooms: 2
  • Baths: 2
  • Full Baths: 2
  • Rooms: 3
  • Basement Sqft: 1,500
  • Parking Sqft: 400
  • Exterior Wall Type: STUCCO
  • Heating Fuel: ELECTRIC
  • Heating Type: FORCED AIR
  • Roof Material: ASPHALT
  • Roof Type: GABLE
  • Land Area Sqft: 10,019
  • Year Built: 1947
  • APN: 55-59-00698-000
  • Property Type: Single Family Residence
  • Township: MONROE
  • Front Footage: 80
  • Depth Footage: 123
  • Living Sqft: 1,500
  • Garage: ATTACHED
  • Sewer Type: PUBLIC
  • Subdivision: HOLLYWOOD

VA Home

U.S. Department of Veterans Affairs (VA) is a federal agency that guarantees mortgages to homeowners who have served in the armed forces /military. Therefore, when banks foreclose on VA-guaranteed mortgages, the government agency acquires the properties and often offers them for sale at drastically-reduced prices to the public. Fast approval for veterans and lowest possible fixed-rate mortgages!

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:


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Rental Value

The estimated rental value for Rosewood Ave located in Monroe, MI is $1,220/month. Comparable homes around Rosewood Ave that are rentals have monthly ranges starting as low as $1,072 per month and as high as $1,400 per month. An owner looking to use this property as an investment could bring a return in the area of $1,072 - $1,400 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

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Homes On This Street
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Rosewood Ave
Monroe, MI 48162

2 Beds   2 Baths   1,500 sq. ft.   Single-Family


Status: Inactive Listing ID: 59605459

Property Information

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Public Records

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Property Description

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