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3109 E Monroe Rd, Midland, MI, 48642

0beds
0baths
1,268sqft
$139,000
$110price/sqft
$1,120/moest. monthly cost
$44,800/yrincome needed

About This Home

Gutted to the studs and ready for a full remodel, this 1,268 sqft home sits on a full block basement in desirable Larkin Township. 2 peaceful acres plus a generous 30x40 pole barn! City water, septic system and natural gas are already in place. CASH ONLY, priced for potential. Roll up your sleeves and build something wonderful. Come take a look today!

Getting Around

13
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

8/10
Siebert SchoolGrades K-52.4 mi
9/10
Jefferson Middle SchoolGrades 6-82.4 mi
9/10
H.H. Dow High SchoolGrades 9-123.5 mi

Construction

Condition

  • Year built: 1979

Materials

  • Foundation: Basement
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Block,Sump Pump,Unfinished

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,268

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total structure area: 2,536
  • Total interior livable area: 1,268 sqft

Kitchen

  • Area: 0

Property

Details

  • Parcel number: 09002130021000
  • Zoning description: Residential
  • Special condition: Private

Features

  • Levels: One
  • Stories: 1
  • Frontage type: Road
  • Frontage length: 132

Lot

  • Lot size: 2 Acres
  • Features: Deep Lot - 150+ Ft.,Large Lot - 65+ Ft.,Wooded
  • Lot size dimensions: 132 x 660

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Strong Wind
Winter Weather
Cold Wave
Inland Flooding
Tornado
Hail
Ice Storm
Lightning

FEMA Declared Disasters in Midland County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $702$8,424
Home Insurance *$69$828
Property Taxes $161$1,932
Electricity $188$2,259
Total$1,120$13,440
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$38,400/yr
40% on housing$33,600/yr
45% on housing$29,866/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.7%
8.7%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.6%
0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$110This listing

vs Other Active Listings

Avg $/sqft

ZIP 48642$183
Midland County$155

vs Homes Sold Last Month

Median $/sqft

ZIP 48642$161
Midland County$140

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

No price history available

For Sale by Agent

AgentJennafer Tipton
BrokerageModern Realty

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