7 months on rocket

80 Jerome, Monroe, MI, 48162

$39,900

0.78 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
MLS #57050122030
Lot Size0.78 Acres
StatusActive

About 80 Jerome

This spacious multifamily development site is situated in a prime location zoned R-3, offering an excellent opportunity for potential investors or developers. With dimensions measuring 142 feet by 240 feet, the property spans just shy of one acre, providing ample space for your project. Located in close proximity to downtown Monroe, this site offers convenience and accessibility. It's positioned just two blocks away from the picturesque Soldiers and Sailors Park and the scenic River Raisin, adding a touch of natural beauty to the surroundings. One of the standout features of this property is its utility infrastructure, with all necessary utilities readily available. This means you can embark on your development project with ease, knowing that essential services like water, electricity, and sewage are already in place. Don't miss out on this exceptional opportunity to bring your multifamily development vision to life in this desirable location near downtown Monroe.

Property Details

Property Features

Listing Office:

  • Office Name: Coldwell Banker Haynes R.E. - Monroe
  • Office Phone: (734) 242-8484
  • Listing Agent: Tom Fritz

Lot Features

Lot Information:

  • Lot Size: 0.78 Acres

School Info

Assigned Schools Information:

  • Monroe High School, Public District Grades 9-12
  • Monroe Middle School, Public District Grades 7-8
  • Arborwood Elementary School, Public District Grades PK-6

Price Information

Listing Price Info

Price Summary:

  • List Price: $39,900
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Housing Market Comparison

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

Med. Sold Price

$209.9K

Med. Price/SqFt

$149

Avg. Days On Market

43

# of Sold Homes

69

80 Jerome vs Monroe

231 DAYS ON ROCKET

+188 Days

$39,900

-$170K Less

KEY TAKEAWAY

This property is $170K less than the Median Sold Price in Monroe, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Southeastern Border Association of REALTORS®
  • MLS Number: #57050122030

Listing Office:

  • Office Name: Coldwell Banker Haynes R.E. - Monroe
  • Office Phone: (734) 242-8484
  • Listing Agent: Tom Fritz

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: 5/2/2024, 9:20:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$267

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$186

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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.

Elementary School

school-card-donut-5003749
2
/10
  • Arborwood Elementary School

  • 1135 Riverview Ave

  • 1.18 miles

  • Public District Grades PK-6

Middle School

school-card-donut-5003750
3
/10
  • Monroe Middle School

  • 503 Washington St

  • 0.57 miles

  • Public District Grades 7-8

High School

school-card-donut-5003751
3
/10
  • Monroe High School

  • 901 Herr Rd

  • 2.51 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,824. Most Monroe, MI residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 80 Jerome

What is the listing price of this property?

The listing price of 80 Jerome property is $39,900.

What type of property is this?

The property 80 Jerome is land located in Monroe, Michigan, 48162.

Is this property for sale now?

Active Listing: 80 Jerome is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 80 Jerome are:
Arborwood Elementary School: GreatSchools Rating 2/10
Monroe Middle School: GreatSchools Rating 3/10
Monroe High School: GreatSchools Rating 3/10

How much acreage is this property?

The property 80 Jerome is 0.78 acres.
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Rocket HomesMichiganMonroe CountyMonroe4816280 Jerome

This home is located at 80 Jerome in Monroe, MI and zip code 48162. This home sits on a 0.78 acre lot. It has been listed on Rocket Homes since September 14, 2023 and is currently priced at $39,900.

In April 2024, from all listings sold in Monroe, MI there were more than 32 sold above asking price, over 28 sold below and more than 9 were sold right at the asked price. The inventory of homes for sale in Monroe, MI between March 2024 and April 2024 decreased by 2.8%. Listings spent 43 days on the market in April 2024, and had a median list price of $209,900 during the same period.

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

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