10 months on rocket

40 Monarch Ln, Okemos, MI, 48864

$1,120,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths, 1 Partial
8,754 SqFt
$128/SqFt
House
Schools Nearby

Location

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40 Monarch Ln, Okemos$1,120,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAdditional Parking, Asphalt, Attached, Driveway, Finished, Floor Drain, Garage Door Opener, Garage Faces Side, Parking Pad, Private
Attached Garage3 spaces
Year Built1996
HeatingForced Air, Humidity Control, Natural Gas, Zoned
CoolingCentral Air, Zoned
BasementYes
WaterfrontPond
FireplaceBedroom, Insert, Living Room, Wood Burning
ViewNeighborhood, Pond, Trees/Woods, Water
MLS #274241
Lot Size1.26 Acres
StatusActive

About 40 Monarch Ln

Commercial grade architecture! This magnificent stone home, built in 1996, is situated in an exclusive 140-acre nature preserve. This neighborhood and structure offers many unique features. Some of these include; a customized neighborhood zoning ordinance, walking trails, and three ponds to use & enjoy. The stone home offers fireproof construction with thick concrete walls and foundation. The living room boasts a 26' height wood-burning fireplace with built-in wine rack, soaring ceiling heights accentuated with wooden beams and flooded with natural light. The kitchen has three islands, imported Koa custom cabinetry, black gas appliances & granite counter tops, an indoor grill and so much more! The first floor sports a wet bar, built-ins, an in-law suite, a studio, an additional bedroom, 2 bathrooms, a mechanical room with workshop, 2 sets of washer and dryers and a large 3.5 car garage with ramp access equipped with epoxy flooring and ample storage. By elevator or stairs, the 2nd floor primary ensuite offers an electric fireplace, a snack bar, walk-in closets, 2nd floor laundry, a seasonal closet room and a walk-in bathroom shower and soaking tub adorned with pink marble from Greece with gold fixtures and finishes. The basement provides a blank canvas with the ability to add a 4th & 5th bedroom, a kitchenette and full bath. The property includes various indoor & outdoor seating areas including 1st floor & 2nd floor screened in porches & a large concrete deck area. This home is also connected to the community septic lift station and sanitary sewers, and has its own well and filtration system.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1996
  • Stories: 1
  • Living Area: 8,754 SqFt

Listing Office:

  • Office Name: RE/MAX Real Estate Professionals
  • Office Phone: (517) 339-8255
  • Listing Agent: Nicole Giguere

Interior Features

Interior Information:

  • Appliances: Refrigerator, Microwave, Range Hood, Self Cleaning Oven, Washer/Dryer, Water Heater, Water Softener, Washer/Dryer Stacked, Indoor Grill, Humidifier, Gas Cooktop, Double Oven, Dishwasher, Convection Oven, Bar Fridge
  • Basement: Yes
  • Flooring Type: Carpet, Combination, Tile, Vinyl
  • Interior: Bar, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Chandelier, Double Closet, Double Vanity, Dry Bar, Eat-in Kitchen, Elevator, Entrance Foyer, Granite Counters, High Ceilings, High Speed Internet, In-Law Floorplan, Kitchen Island, Laminate Counters, Natural Woodwork, Open Floorplan, Recessed Lighting, Soaking Tub, Storage, Track Lighting, Vaulted Ceiling(s), Walk-In Closet(s)
  • Fireplace: Bedroom, Insert, Living Room, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Pond
  • View: Neighborhood, Pond, Trees/Woods, Water
  • Exterior: Lighting, Private Yard

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Additional Parking, Asphalt, Attached, Driveway, Finished, Floor Drain, Garage Door Opener, Garage Faces Side, Parking Pad, Private

Lot Features

Lot Information:

  • Lot: Back Yard, Cul-De-Sac, Flag Lot, Front Yard, Landscaped, Many Trees, Meadow, Native Plants, Secluded, Sloped, Sprinklers In Front, Sprinklers In Rear, Views
  • Lot Size: 1.26 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Humidity Control, Natural Gas, Zoned
  • Cooling: Central Air, Zoned

School Info

Assigned Schools Information:

  • Williamston High School, Public District Grades 9-12
  • Williamston Middle School, Public District Grades 6-8
  • Williamston Explorer Elementary School, Public District Grades 3-5

Other

Directions Information:

  • Directions: Meridian Rd./Grand River, S on Meridian Rd, E on Swallowtail lane, S on Monarch Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,120,000
  • Price Per SqFt: $128/SqFt

HOA Fees:

  • Amount: $350
  • Frequency: Annually

Tax Information:

  • Annual Amount: $16,998
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$357K

Med. Price/SqFt

$144

Avg. Days On Market

26

# of Sold Homes

19

40 Monarch Ln vs Okemos

300 DAYS ON ROCKET

+274 Days

$1,120,000

+$763K More

$128/SqFt

-$16 Less

KEY TAKEAWAY

This property is $763K more than the Median Sold Price and $16/SqFt less than other homes in Okemos, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Lansing Association of REALTORS®
  • MLS Number: #274241

Listing Office:

  • Office Name: RE/MAX Real Estate Professionals
  • Office Phone: (517) 339-8255
  • Listing Agent: Nicole Giguere

IDX Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.

Copyright © 2024 Greater Lansing Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 3:20:21 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$16,998$623,600
2020$16,522$593,600
2019$16,075$564,300
2018$15,061$458,700
2017$15,061$446,400

History based on county public records data.

Payment Calculator

$5,686

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,424

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.

Elementary School

school-card-donut-2374526
6
/10
  • Williamston Explorer Elementary School

  • 416 Highland St

  • 4.05 miles

  • Public District Grades 3-5

Middle School

school-card-donut-2374527
9
/10
  • Williamston Middle School

  • 3845 Vanneter Rd

  • 4.10 miles

  • Public District Grades 6-8

High School

school-card-donut-2374528
7
/10
  • Williamston High School

  • 3939 Vanneter Rd

  • 4.13 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $102,646. The most common annual income of people living in Okemos, MI is between $100k-200k. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 40 Monarch Ln

What is the listing price of this property?

The listing price of 40 Monarch Ln property is $1,120,000.

What type of property is this?

The property 40 Monarch Ln is a house located in Okemos, Michigan, 48864.

Is this property for sale now?

Active Listing: 40 Monarch Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 40 Monarch Ln are:
Williamston Explorer Elementary School: GreatSchools Rating 6/10
Williamston Middle School: GreatSchools Rating 9/10
Williamston High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $16,998 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 40 Monarch Ln has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 40 Monarch Ln is 8,754 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40 Monarch Ln is 1996.

Rocket HomesMichiganIngham CountyOkemos4886440 Monarch Ln

This home is located at 40 Monarch Ln in Okemos, MI and zip code 48864. This 8,754 square foot home, which was built in 1996, sits on a 1.26 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 03, 2023 and is currently priced at $1,120,000.

In March 2024, from all listings sold in Okemos, MI there were more than 11 sold above asking price, over 8 sold below and more than 0 were sold right at the asked price. The number of homes for sale in Okemos, MI increased by 8.3% between February 2024 and March 2024. While the average time on the market in March 2024 was 26 days, the median list price was $357,000.

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

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