26-000437.pdf
Ibrahim Kobaree Petitioner V City Of Monroe Respondent · 26-000437-TT
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Page 1
RECEIVED JUN ¢ 1 2026 | Tal Pe MICHIGAN TAX TRIBUNAL Et MONROE ectigan Assessing Department May 27, 2026 Samantha Welton, Chief Clerk Michigan Tax Tribunal P.O. Box 30232 Lansing, Michigan 48909 Re: MOAHR Docket No. 26-000437 Ibrahim Kobaree v City of Monroe Dear Ms. Welton: Please find enclosed for filing Respondent’s SIGNED ANSWER in the above captioned cause, and a PROOF OF FILING/SERVICE which indicates that the original/copy of the foregoing document was filed/served, as appropriate, with/on the necessary parties. Please contact me if you have any questions regarding the above. Sincerely, Clryusuio Cefn Christine Eichler, Assessor City of Monroe, Monroe County
Page 2
STATE OF MICHIGAN MICHIGAN TAX TRIBUNAL Ibrahim Kobaree Petitioner, v MTT Docket No. 26-000437 City of Monroe, Monroe County, Respondent. PROOF OF FILING/SERVICE State of Michigan) }ss County of Monroe ) Christine Eichler, being first duly sworn, deposes and says that on May 27, 2026, she filed/served the original/copy of the Respondent’s Answer form in the above captioned cause, as appropriate, with/on: 1. Samantha Welton, Chief Clerk 2. Ibrahim Kobaree Michigan Tax Tribunal 7422 Kingsbridge Road P.O. Box 30232 Canton, MI 48187 Lansing, MI 48909 by placing said documents in envelopes addressed to the above parties with first-class postage fully prepaid, and by depositing said envelopes in a receptacle for United States mail. Chrystie Eager Christine Eichler, Assessor City of Monroe, Monroe County Subscribed and sworn to before me this
Page 3
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Page 4
STATE OF MICHIGAN GRETCHEN WHITMER DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS MARLON I. BROWN, DPA GOVERNOR LANSING DIRECTOR PROPERTY TAX APPEAL ANSWER FORM VALUATION / UNCAPPING MTT DOCKET NO. 26000437 Section 1: Respondent’s Contact Information Unit of Government. CITY OF MONROE Mailing Address (No., Street, P.O. Box or Rural Route): 120 E FIRST STREET City or Town: State: ZiP Code: MONROE Mi 48161 Telephone Number: 734 384 9170 Email Address (do not enter unless you want MTT to send all correspondence via email): Section 2: Respondent’s Attorney/Authorized Representative’s Contact Information 1 First Name: M.L: tast Name: CHRISTINE EICHLER rm Name (if any): rem CITY OF MONROE Mailing Address (No., Street, P.O. Box or Rural Route): 120 E FIRST STREET City or Town: State: ZIP Code: MONROE MI 48161 Telephone Number: 734 384 9174 Email Address (do not enter unless you want MTT to send all correspondence via email): CHRISTINE.EICHLER@MONROEMI.GOV Section 3: Subject Property information Are the parcels listed by Petitioner contiguous or adjoining? If no, list all parcels that are adjoining in separate groupings. Attacha separate sheet if necessary, [| Yes [MH] No [7%] Not Applicable Does the subject property have a Principal Residence Exemption of 50% or more for all tax years at issue? 0 Yes No
Page 5
STATE OF MICHIGAN GRETCHEN WHITMER DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS MARLON I. BROWN, DPA GOVERNOR LANSING DIRECTOR Section 4: Explain Your Answer to this Appeal This property was purchased on 12/27/2022 for $175,000 and uncapped for the 2023 tax year. Subject property is a four (4) unit rental property with a garage. Petitioner appealed at the March Board of Review; however, failed to provide comparables or appraisal for proof of valuation. We leave Petitioner to their proofs. Section 5: Jurisdictional Issues IF PETITIONER IS APPEALING THE TRUE CASH AND/OR TAXABLE VALUES Did Petitioner protest the assessment at a Board of Review (BOR)? Yes [No If yes, check which BOR Petitioner attended: March Od July O December If the July or December BOR revised the assessment(s) at issue, did it have authority? OJ Yes [0] No If yes, cite the Board's authority. Was the assessment at issue established as the result of a clerical error or mutual mistake of fact? a Yes [7] No If yes, explain Is Petitioner appealing from a State Tax Commission Order? [J Yes No If so, what is the issue date? IF PETITIONER IS APPEALING THE UNCAPPING OF TAXABLE VALUE When was the Notice of Uncapping, if applicable, issued? Under what statutory section was the Taxable Value uncapped? Section 6: Valuation Information *use the muttipte parcel form for additional, contiguous parcels. Parcel Number: 58 55 29 00209 000 Classification of Property: Real Personal (J (check one) Agricultural J ~~ Commercial J Industrial J Residential Timber-Cutover J ~~ Developmental [J Utility [J (check one)
Page 6
Parcel Number:
58-55-29-00209-000
Jurisdiction:
CITY OF MONROE
County:
MONROE
Pr
Grantor
Grantee
Sale!
Sale
Inst.
iTerms
of
Sale
iLiber
Price;
Date
Type
i
i& Page
IDEAL HOME SOLUTIONS
LLC
|
OBAREE,
IBRAHIM
175,000, 12/27/2022
WD
03~ARM'S
LENGTH
2023R0039
BUCKLEY,
DONNA
ORONY,
AMY ZWILLER-
0)
08/30/2016
QC
21-NOT USED/OTHER
{2016R2502
TORONY,
AMY
L
{IDEAL HOME SOLUTIONS
LLC
199,800
09/22/2016
WD
03-ARM'S
LENGTH
i2016R2503
ZWILLER,
IVADELL
[ZWILLER,
IVADELL
&
AMY
0,
08/27/1898
QC
{09-FAMILY/RELATED ENTITY
2850-0836
Property Address
Class:
RESIDENTIAL-IMPRO Zoning:
R-3
Building Permit (s)
Date
517
CASS
ST
School:
MONRCE
PUBLIC SCHOOLS
DRIVEWAY
10/13/202
P.R.E.
0%
RES MISCELLANEOUS
11/12/201
(Owner's Name/Address
MAP §:
52
"RES MISCELLANEOUS
117127203
KOBAREE, IBRAHIM
T2026 Est ICV 217,426 TCV/TEA: 108.44 ROOF
06/06/201
7422 KINGSBRIDGE
RD
J
CANTON MI 48187-2412
:
X
(Improved
Vacant
Land Value Estimates
for Land Table 00C07.#07
W
OF
Public
*
Factors
*
Improvements
Description
Frontage
Depth
Front
Depth
Rate
%
0
1
'A'
50"
FF
55.39
150.00
0.9501
1.0000
291
Taxpayer's Name/Address
Dirt Road
-
Gravel Road
1 Units
0.00000
100
KOBAREE,
IBRAHIM
%
paved Road
55 Actual Front Feet,
0.19 Total Acres
Total
7422 KINGSBRIDGE
RD
CANTON MI 48187-2412
x
Srom Sewes
po
rates
Land Improvement
Cost Estimates
x
.
er
Description
Rate
Tax Description
pe
Electric
Residential Local Cost Land Improvements
%
le
i Description
Rate
‘OLD VILLAGE
PLAT WEST
OF MONROE
ST
N
x
ee
:
SMALL DRIVEWAY
1,500.00
5.01FT OF LOT
24
&
SOUTH 50
FT
OF
LOT
25
ur
.
Total Estimated Land Improvements T
OR BEING DESC AS COMM N 29D 00M 00S
E
X
[Street Lights
95.18 FT FR NE COR CASS ST
& W SIXTH ST
Standard Utilities
or ReocTiption For Permit D7B-22-0188, Issued 10/
‘Underground Utils.
AS BEING THE
POB;
TH
N 29D
00M 00S
E
ASPHALT PARKING
PAD
PER SUBMITTED DOCUMENTS.
ALL W
55.39 FT;
TH
§ 61D 05M 145
E 150 FT;
TH
§
~qoscooasio oF
| MONROE SIDEWALK
&
DRIVEWAY APPROACH SPECIFICATIONS.
5
Site
i NOTE:
WATER RUNOFF SHALL NOT DISCHARGE
ONTO ADJACEN
X Tevel
Work Description for Permit PBD-15-1159,
Issued 11/
‘Rolling
SIDING,
GUTTER REPLACEMENT
REMOVE AND REPLACE
(25
Low
EXISTING
{
FRONT)
TWO~FAMILY DWELLING ONLY
PER SUBM
High
INCLUDING SHEATHING,
ICE
SHIELD,
FELT,
FLASHINGS,
A
X
Landscaped
WITH THE CURRENT 2009 MICHIGAN RESIDENTIAL BUILDING
wamp
ROOFING AND SIDING STANDARDS.
"SHALL
BE
POSTED
ON S
Wooded
INSTALL
(25)
SQUARE
OF SIDING AND REQUIRED WEATHER
ond
Waterfront
Ravine
Wetland
Flood Plain
Year
Land!
Building
Assessed,
%
A
Value,
Value
Value:
Who
When
What
2026
7,700:
101,000
108,700
A
-
"
wa
iste.
TGC 09/14/2021 LETTER LEF
[2025
8,100
92,300;
100,400!
‘The Equalizer.
Copyright
(c)
2009. ADM 06/02/2011 LETTER LEF 335g
5,350,
55,230
55750
Licensed
To:
City
of Monroe,
County
of
RAP 08/01/1991 INSPECTED
:
‘Monroe, Michigan
;
3023
£590
80,440]
85,830
***
Information herein deemed reliable but not guaranteed***Page 7
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Page 8
Residential Building
1
of
2
Parcel Number:
58-55-28-00205-000
Pri
Building Type
(3)
Roof
(cont.)
(11)
Heating/Cooling
(15)
Built-ins
|
(15)
Fireplaces
i
(16)
Por
X
Single
Family
X'Bavestrough
I
X
iGas
Oil
‘Elec.
Appliance Allow.
Interior
1
Story
Area Type
{Mobile Home
{Insulation
¢
Wood
Coal
Steam
Cook
Top
Interior
2 Story
STEP
{Town Home
0 Front Overhang
-
Dishwasher
2nd/Same
Stack
l
©
lpuplex
0 Other Overhang
Forced Air w/o Ducts
Garbage Disposal
Two Sided
28 WCB
{|
|A-Frame
;
Forced Air u Ducts
Bath Heater
Exterior
1 Story
Pe
|
—
A
Hot
Tub
Prefab
1
Story
|
[Drywall
[Plaster
Elec.
Cedil.
Radiant
Unvented Hood
Prefab
2
Story
]
“Building
Style: ~~
(Paneled
Wood T&G
Radiant
(in-floox)
Vented Hood
{Heat Circulator
i.
o
¥
Electric Wall Heat
1-8
F7im
& Decoration
Bie
It
Intercom
Raised Hearth
7
3
Space Heater
Jacuzzi
Tub
Wood
Stove
Pia
Remodetle
{Ex
X
0rd
Min
x
all/floor Furnace
Jacuzzi
repl.Tub
Direct~Vented
Ga
:
orce:
Size
of Closets
Heat
Pump
Oven
Class:
D
Condition:
Good
NX
Tes
Jeooli
Microwave
Effec.
Age:
35
Lg
[X ord
Small
©
Heating/Cooling
Standard Range
Foos Ares
672
x
ix
1f
CL
R
:
Room List
Doors
|
|Solid|X H.C.
Central Al
Self
Clean
Range
,.. a1 Base New
: 95,581
pr
Wood Furnace
Sauna
Total
Depr
Cost: 62,127
|Basement
(5)
Floors
:
Trash Compactor
otal
Depr
Lost:
6s,
{1st
Floor
(12)
Electric
Central Vacuum
Estimated T.C.V:
62,748
|2nd Floor
Kitchen:
0 Amps Service
Security System
ex:
ry
i
Bedrooms
other:
No./Qual.
of Fixtures
| Cost Est.
for Res. Bldg:
1
Single Family
1-S
(1)
Exterior
|
Ex.
|X iora.
Min
| (11)
Heating System:
Forced Heat
& Cool
Wood/Shingle
{6]
Ceilings
Ground Area
=
672
SF
Floor Area
=
672
SF.
Alominunroinyl
No.
of Elec. Outlets
Phy/Ab. Phy/Func/Econ/Comb.
$ Good=65/100/100/100/65
Brick
Many
X
Ave.
(Few
| Building Areas
xX aluminum
13)
Blumbing
Stories
Exterior
Foundation
Size
Tnsulation
.
1
Story
Siding
Crawl Space
672
-
{Average Fixture (s)
Total:
(2)
Windows
(7)
Excavation
13
Fixture Bath
Other Additions/Adjustments
Many
|
Large
Basement:
0
S.F.
12 Fixture Bath
Porches
X
Avg.
iX
Avg.
Crawl:
672
S.F.
‘Softener,
Auto
WCP
(1 Story)
28
Few
Small
| Slab:
0
S.F.
Softensr, Manual
WCE
(1 Stoxy)
24
-
Height
to Joists:
0.0
olar
Water
Hea
Water/Sewer
Wood Sash
;
Bi
N
No Plumbing
Public Water
1
i
Metal Sash
{8)
Basement
Extra Toilet
Public Sewer
1
!
¥
53
:
-
{Extra Sink
Totals:
{Double Hung
X
Conc.
Block
ISeparate Shower
Notes:
515 CASS
ST
Coren
seared cone:
(Ceramic Tile Floor
ECF
(#07
W OF MONROE ST
S OF RIVER)
{Ceramic Tile Wains
{Double Glass
iTreated Wood
‘Ceramic Tub Alcove
i
i
i
i
i
Patio Doors
{Concrete
Floor
Vent
Fan
X iStorms
& Screens
9)
Basement Finish
:
©
¢
(14)
Water/Sewer
:
Roof
i
(3)
Reo
;
Recreation
SF
1
Public Water
X
[Gable
[Ganbrel
Living
SF
1
lpublic Sewer
Hip
iMansard:
Walkout Doors
(B)
Water Well
Flat
Shed
No Floor
SE
|
1000 Gal Septic
-
|
Walkout Doors
(A)
2000
Gal Septic
X {Asphalt Shingle
713)
Floor Support
©
-
Lump
Sum Items:
es
TR
Joists:
Chimney:
Bric
Unsupported Len:
Cntr. Sup:
_—
*** Information herein deemed reliable but not guaranteed***Page 9
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Page 10
Residential Building
2 of 2
Parcel Number:
58-55-29-0020%-000
Pri
| Building Type
|
{3)
Roof
(cont.)
(11)
Heating/Cecoling
(15)
Built~ins
(15)
Fireplaces
i
(16)
Porc
Single Family
X Eavestrough
X Gas
Oil
|
(Elec.
:
Appliance Allow.
Interier
1 Story
Area Type
obile Home
Insulation
Wood
Coal.
Steam
Cook Top
Interior
2
Story 35Twes
{Town Home
0iFront Overhang
Foreed Air W/O
Soets
Dishwasher
i2nd/Same
Stack
1oslwer
{Duplex
0|Other Overhang
5
Garbage Disposal
Two Sided
©
Taolwee
{A-Frame
]
X
Forced Ar w/
Ducts
Bath Heater
{Exterior
1 Story
|
Tv
ve
(4) Interior
Forced Hot Water
Vent Fan
[Exterior
2 Story
|
X Wood
Frame
Electric Baseboard
Hot Tub
{prefab
1 Story
|
Drywall
X
Plaster
Elec.
Ceil. Radiant
Unvented Hood
Prefab
2 Story
“Building Style:
|
|Femeled
Wood T&G
Radiant
{In-floor)
Vented Hood
|Heat Circulator
|
1.75-58
Trine Decoration
s ec The
all
Hea
Intercom
Raised Hearth
-
:
Space
Heater
Jacuzzi Tub
‘Wood Stove
i
Yr Built Remodeled
Ex
X|Ord
|
Min
‘Wall/Floor Furnace
Jacuzzi repl.Tub
Direct-Vented Ga
1853
0
:
i
Forced Heat
& Cool
Oven
.
ER
ed
Condition:
Good
Size
of Closets
Heat
Pump
N
Microwave
crass
cb
.
35
Ig
X ord
|
[Small
|Y° Heating/Cooling
‘standard Range
Bffec.
Age:
:
mr
:
;
:
Central Air
:
Self Clean Range
Floor area:
1,333
Room List
Doors
|
|Solid|X H.C.
Wood Furnace
sauna
Total Base
New
:
215,726
‘Basement
(5)
Floors
(12)
Electric
|
{Trash Compactor
oral
Depr
Cost: eaeh
5/1st Floor
i
i
E
central Vacuum
stimated T.C.V: 137,864
2nd Floor
Kitchen:
Linoleun
60 Amps Service
|
Security System
3 Bedrooms
ol
Other: Carpete
No./Qual.
of Fixtures
| Cost Est.
for Res. Bldg:
2
Single Family
1.75-S
(1)
Exterior
[Ex.
[X Ord.
Min
7]
(11)
Heating System:
Forced Air w/ Ducts
;
;
113
:
-
bem
| Ground Area
=
955
SF
Floor Area
= 1333
SF.
x Riya
© Ceilings
No.
of Elec. Outlets
Phy/Ab. Phy/Func/Econ/Comb.
§ Good=65/100/100/100/65
Brick
X Plaster
Many
X (Ave.
|
Few
| Building Areas
|
7
-
Stories
Exterior
Foundation
Size
X
iInsulation
i
(13)
Plurbing
1.75
Story
Siding
Basement
504
»
:
+
Average Fixture(s)
1 story
Siding
Basement
280
(2)
Windows
(7)
Excavation
2
3
Fixture Bath
1 Story
Siding
Crawl Space
171
Many
|
|lLarge
| Basement:
784
S.F.
2 Fixture Bath
Total:
Xx
avg.
X
Avg.
Crawl:
171
S.F.
Softener,
Auto
Other Additions/Adjustments
|
Few
Small
Slab:
0
S.F.
Softener,
Manual
Plumbing
Food Sash
Height to Joists:
0.0
Solar Water Heat
3 Fixture Bath
1
Metal Sash
No Plumbing
Extra Sink
1
Vinyl sash
(8)
Basement
I.
Exera otter
Porches
,
5
¥ Double Hung
Cone. Block
;
Separate Shower
Ree
a Storm
108
Horiz.
Slide
Poured Conc.
;
Ceramic Tile
Floor
Wop
40
(Casement
X
[Stone
;
Ceramic Tile Wains | Garages
Double Class
Treated Wed
;
Ceramic
Tub Alcove | class:
CD Exterior:
Siding Foundation:
42 Inch
(Unf
X Storms
& Screens
57s
CT rinien
Vent
Fan
Base Cost
600
250
asement
int
(14) Water/Sewer
Water/Sewer
(3)
Roof
:
Recreation
SF gpg
Public Water
1
¥X
Gable
Gambrel
{Living
SE]
loublic Sewer
Public Sewer
1
sed
fonsprd
oR
Notes: GARAGE 20 X 30
TWO FAMILY
rorale:
Flac
Shed
|
alkout Doors
(A)
1000 Gal Septic
ECF
(#07
W OF MONROE ST
§ OF RIVER)
Asphalt Shingle
7167
Floor Support
2000 Gal Septic
X Built-Up
.
Lump
Sum Items:
-
-
Joists:
Chimney:
Vinyl
Unsupported Len:
i
Cntr. Sup:
H
-.
*** Information herein deemed reliable but not guaranteed***Page 11
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29-00209-000 03/29/2024
Page 13
05/26/2026 Valuation Report 11:19 AM DB: Honroe 2026 58-55-29-00209-000 2026 Est. T.C.V. KOBAREE, IBRAHIM Property Class: 401 517 CASS ST Map #: 52 CITY OF MONROE MONROE, MI 48161 Land Value Estimates for Land Table 00007.#07 W OF MONROE ST § OF RIVER * Factors * Description Frontage Depth Front Depth Rate %Adj. Reason Value 'A' 50' FF 55.39 150.00 0.9501 1.0000 291 100 15,314 1 Units 0.00000 100 EXTRA LAND 0 55 Actual Front Feet, 0.19 Total Acres Total Est. Land Value = 15,314 Land Improvement Cost Estimates Description Rate Size % Good Cash Value Residential Local Cost Land Improvements Description Rate Size % Good Cash Value SMALL DRIVEWAY 1,500.00 1 100 1,500 Total Estimated Land Improvements True Cash Value = 1,500 Cost Est. for Res. Bldg: 1 Single Family 1-S Cls D Blt 1948 (11) Heating System: Forced Heat & Cool Ground Area = 672 SF Floor Area = 672 SF. Phy/Ab.Phy/Func/Econ/Comb. % Good=65/100/100/100/65 Building Areas Stories Exterior Foundation Size Cost New Depr. Cost 1 Story Siding Crawl Space 672 Total: 89,358 58,082 Other Additions/Adjustments Porches WCP (1 Story) 28 2,093 1,360 WCP (1 Story) 24 1,666 1,083 Water/Sewer Public Water 1 1,232 801 Public Sewer 1 1,232 801 Totals: 95,581 62,127 Notes: 515 CASS ST ECF (#07 W OF MONROE ST S OF RIVER) 1.010 => TCV: 62,748 Cost Est. for Res. Bldg: 2 Single Family 1.75-8 Cls CD Bilt 1853 (11) Heating System: Forced Air w/ Ducts Ground Area = 955 SF Floor Area = 1333 SF. Phy/Ab.Phy/Func/Econ/Comb. % Good=65/100/100/100/65 Building Areas Stories Exterior Foundation Size Cost New Depr. Cost
Page 14
05/26/2026 Valuation Report 11:19 AM DB: Honroe 2026 Parcel Number: 58-55-29-00209-000 Page: 2 Garages Class: CD Exterior: Siding Foundation: 42 Inch (Unfinished) Base Cost 600 23,574 12,966 *55% Good Water/Sewer Public Water 1 1,391 904 Public Sewer 1 1,391 304 Totals: 215,726 137,864 Notes: GARAGE 20 X 30 TWO FAMILY ECF (#07 Ww OF MONROE ST S OF RIVER) 1.000 => TCV: 137,864 2026 Est. T.C.V. 29-00209-000 217,426 Est. TCV/Total Floor Area = 108.44, Most recent sale 12/27/2022 for 175,000 2025 Assessed MROR S.E.V. Base for Cap IRM 100, 400 100, 400 100,400 92,913 2.70 2026 New Eq. Adjustment Loss Additions Tax Adjustment Losses 0 8,300 [] 0 2,508 0 2026 Assessed MBOR S.E.V. Capped ~>Taxable<- PRE/MBT 108,700 108,700 108,700 95,421 95,421 0
Page 15
0 am yf Tress THIS IS NOT A TAX BILL L-4400 Notice of Assessment, Taxable Valuation, and Property Classification This form is issued under the authority of Public Act 206 of 1893, Sec. 211.24c and Sec.211.34¢, as amended. This is a modal assessment notice to be used by the local assessor, FROM PARCEL IDENTIFICATION CITY OF MONROE PARCEL NUMBER: 58-55-29-00209-000 ASSESSOR'S OFFICE PROPERTY ADDRESS: 120 EAST FIRST STREET 517 CASS ST MONROE, M! 48161 MONROE, Mi 48161 SCHOOL DISTRICT CODE: 58010 OWNER'S NAME & ADDRESS/PERSON NAMED ON ASSESSMENT ROLL: EXEMPTIONS % Exempt As "Homeowners Principal Residence™ 00% KOBAREE, IBRAHIM % Exempt As “Qualified Agricultural Property": 00% 7422 KINGSBRIDGE RD % Exempt As "MBT Industrial Personal™: 00% CANTON MI 48187-2412 % Exempt As "MBT Commercial Personal 00% Exempt As "Disabled Veteran or Surviving Spouse” 0 Yes No Exempt As "Qualified Forest Property”; 0 Yes No Exempt As "Development Property": [Hl] Yes No LEGAL DESCRIPTION: OLD VILLAGE PLAT WEST OF MONROE ST N 5,01FT OF LOT 24 & SOUTH 50 FT OF LOT 25 OR BEING DESC AS COMM N 28D 00M 00S E 95.18 FT FR NE COR CASS ST & W SIXTH ST AS BEING THE POB; TH N 28D 00M 00S E 65.39 FT; THS 61D 05M 14S E 150 FT; TH S 29D OOM 00S W 55.39 FT, THN 61D 05M 14S W 150 FT TO POB, INCLUDES AN EASEMENT ON PARCEL 29-00208-00 ACCORDING TO MCL 211.34c THIS PROPERTY IS CLASSIFIED AS: 401 Residential PRIOR YEAR'S CLASSIFICATION IF DIFFERENT: 401 Residential The change in taxable value will increase/decrease your tax bill PRIOR AMOUNT CURRENT TENTATIVE CHANGE FROM for the 2026 year by approximately: $155 YEAR: 2025 AMOUNT YEAR: 0 CURRENT YEAR 1. TAXABLE VALUE: 92,913 95,421 2,508 2. ASSESSED VALUE: 100,400 108,700 8,300 3. TENTATIVE EQUALIZATION FACTOR: 1.000 . i 4, STATE EQUALIZED VALUE (SEV): 100,400 108,700 8,300 5. WAS THERE A TRANSFER OF OWNERSHIP IN 2025 THAT RESULTED IN A TAXABLE VALUE UNCAPPING? I Yes No 6. Assessor Change Reason(s): Market Adjustment The 2026 Inflation rate Multiplier is: 1.027 Questions regarding the Notice of Assessment, Taxable Valuation, and Property Classification may be directed to the Following: Name: Telephone Number: Email Address: CHRISTINE EICHLER (734) 384-9170 ASSESSING@MONROEMI.GOV March Board of Review Appeal Information, The Board of Review will meet at the following dates and times:
Page 16
LOLp— VU
|
Michigan Department of Treasury
818 (Rev. 12.25)
Petition to Board of Review
L-4035
This form is issued Onder the authority of P.A. 208 of 1893, as amended. Filing is voluntary, however, you may not appeal to the Michigan Tax Tribunal unfess you first protest to the
Board of Review, except when the property is classified as commercial real, industrial real, or devefopmental real. You may not appeal property classifications to the State Tax
Commission unless you first protest to the Bard of Review.
TO BE COMPLETED BY OWNER OR OWNER'S AGENT
Owner's Name (Please Print or Type)
Petitioners Name (If Other than Owner. Please Print of Type)
KOBAREE, IBRAHIM
Township or City
County
Year of Appeal
CITY OF MONROE
MONROE
The undersigned protests the assessed value andlor the tentative taxable value andlor the property classification and/or the qualified agricultural property exemption of
the following described property:
Property Identified (Parcel code required, Property address and Jegal description optional)
:
29-00209-000
OLD VILLAGE PLAT WEST OF MONROE ST N 6.01FT OF LOT 24 & SOUTH 50 FT OF LOT 25 OR BEING
DESC AS COMM N 29D 00M 00S E 95.18 FT FR NE COR CASS ST & W SIXTH ST AS BEING THE POB; THN
29D 00M 00S E 55.39 FT; TH S 61D 05M 14S E 150 FT; TH S 29D 00M 00S W 55.39 FT, TH N 61D 05M 14S W
517 CASS ST
150 £T TO POB. INCLUDES AN EASEMENT ON PARCEL 29-00208-000 FOR THE GARAGE DESC AS COMN
29D 00M 00S E 95.18 FT FR NE COR CASS ST & W SIXTH ST; TH § 61D 05M 14S E 121.68 FT, TH S 61D 05M
Protested ltem
[7] Assessed Value
[]
Tentative
{] Taxable Status
[7]
Classification
[0
Qualifed Agricultural
Taxable Value
(exemption)
Property Exemption
1/PROTEST.OF ASSESSMENT oa
Ls
gen
Sane
Ge
:
:
Complete this section for a protest of assessed value, including assessed value changes associated with exempt status and denied or late filed personal
property forms.
Assessed Value
Owner's Estimate of True Cash Value(Market Value)
108,700
2. PROTEST OF TAXABLE VALUE
Complete this section for a priest of Taxable Value
Reason:
[7]
Value of Losses
1
Value of Additions
[J
Poverty Exemption
{7
Uncapping %
3. PROTEST
OF CLASSIFICATION
=
ee
a
Complete this section for a request to change the classification. The Board of Review must make their decision regarding classification in accordance with Section 211.34c of the
Michigan Compiled Laws. The Board of Review shall not be influenced by the effect that a particular classification has on that property's status as a homeowner's principal residence
or qualified agricultural property.
Classification of property on this year's assessment roll:
404
Classification should be: {Please check one of the following)
[J
Agricultural
[J Industrial
[Timber Cutover
[utility (Personal Property Only)
OO commercial
[1] Residential
[pevelopmental
4. PROTEST OF EXEMPTION FOR QUALIFIED AGRICULTURAL PROPERTY. Toei
ne
ee
Re
Tf the assessor has denied or changed the percentage of the exemption from the 18 mills of local school operating tax for qualified agricultural property, the
owner may appeal this action to the March Board of Review. THE BOARD OF REVIEW HAS NO AUTHORITY TO CONSIDER OR ACT UPON THE
EXEMPTION FROM THE 18 SCHOOL OPERATING MILLS FOR HOMEOWNER'S PRINCIPAL RESIDENCE PROPERTIES.
Percent qualified agricultural exemption requested by Owner: (Enter 100 if full
exemption requested)
Percent qualified agricultural exemption granted by assessor: (Enter 0 f exemption is denied)
r classification and/or qualified agricuftural property exemption.
REASON FORPROTEST
=
==
=
State reason(s) for protest of assessed value and/or the tentative taxable value and/or taxable status and/olPage 17
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EEPage 18
Ibrahim Kobaree 7422 Kingsbridge Road Canton, MI 48187 313-516-3933 Ibrahim. kobaree@gmail.com Date: February 23, 2026 City of Monroe Assessor’s Office Attn: Board of Review 120 E First Street Monroe, M1 48161 Re: Appeal of Assessed Value — March Board of Review Property Address: 517 Cass Street, Monroe, M1 48161 Parcel Number: 58-55-29-00209-000 Dear Board of Review, 1 am writing to formally appeal the assessed value of my property located at 517 Cass Street, Monroe, Michigan. I purchased this property on December 27, 2022, in an arm’s-length transaction for $175,000. The current assessed value of $108,700 implies a market value of approximately $217,400, which significantly exceeds the recent purchase price and does not accurately reflect the property's true market value. Given the recent purchase price and realistic market conditions, | respectfully request that the assessed value be reviewed and adjusted to reflect the actual market value of the property. Based on the purchase price and appropriate valuation standards, a more accurate assessed value would be approximately $92,500. 1 have enclosed documentation supporting the purchase price for your review. Please consider this evidence in determining a fair and accurate assessed value. Thank you for your time and consideration. I respectfully request a review and adjustment of the assessed value to reflect the property's true market value. Sincerely. Ibrahim Kobaree
Page 19
R007 Tors fae Tagg THIS IS NOT A TAX BILL L0t © L-4400 Netice of Assessment, Taxable Valuation, and Property Classification on This form is issued under the authority of Public Act 206 of 1893, Sec. 211.24c and Sec.21 1.34¢, as amended. This is a model assessment notice to be used by the local assessor. FROM PARCEL IDENTIFICATION CITY OF MONROE PARCEL NUMBER: 58-55-29-00209-000 ASSESSOR'S OFFICE PROPERTY ADDRESS: 120 EAST FIRST STREET 517 CASS ST MONROE, Mi 48161 MONROE, Ml 48161 SCHOOL DISTRICT CODE: 58010 OWNER'S NAME & ADDRESS/PERSON NAMED ON ASSESSMENT ROLL: EXEMPTIONS o94 % Exempt As "Homeowners Principal Residence™ 00% $x £x+AUTO**ALL FOR ARDC 481 T12 P3 #43 % Exempt As "Qualified Agricultural Property": 00% KOBAREE, IBRAHIM ; o o 7422 KINGSBRIDGE RD % Exempt As "MBT Industrial Personal: 00% CANTON, MI 48187-2412 % Exempt As "MBT Commercial Personal": 00% HEL (BLT LF LLL Rr A Exempt As "Disabled Veteran or Surviving Spouse" [1 Yes No Exempt As “Qualified Forest Property": 0 Yes x No Exempt As "Development Property™ O Yes No LEGAL DESCRIPTION: OLD VILLAGE PLAT WEST OF MONROE ST N 5.01FT OF LOT 24 & SOUTH 50 FT OF LOT 25 OR BEING DESC AS COMM N 29D 00M 00S E 95.18 FT FR NE COR CASS ST & W SIXTH ST AS BEING THE FOB; TH N 29D COM 00S E 55.39 FT; TH S 61D 05M 14S £150 FT; TH S 29D 00M 60S W 56.39 FT; TH N 61D 05M 14S W 150 FT TO POB. INCLUDES AN EASEMENT ON PARCEL 20-00208 ACCORDING TO MCL 211.34c THIS PROPERTY IS CLASSIFIED AS: 401 Residential PRIOR YEAR'S CLASSIFICATION IF DIFFERENT: 401 Residential The change in taxable value will increase/decrease your tax bill PRIOR AMOUNT CURRENT CHANGE FROM h NTATIVE AMOUNT PRIOR YEAR TO for the 2026 year by approximately: $155 YEAR: 2025 YEAR: 2026 CURRENT YEAR 1. TAXABLE VALUE: 92,913 95,421 2. ASSESSED VALUE: 100,400 108,700 3. TENTATIVE EQUALIZATION FACTOR: 1.000 aR 4. STATE EQUALIZED VALUE (SEV): 100,400 108,700 5. WAS THERE A TRANSFER OF OWNERSHIP IN 2025 THAT RESULTED IN A TAXABLE VALUE UNCAPPING? 6. Assessor Change Reason(s): Market Adjustment The 2026 Inflation rate Multiplier is: 1.027 Ce Questions regarding the Notice of Assessment, Taxable Valuation, and Property Classification may be directed to the Following: Name: Telephone Number: Email Address: CHRISTINE EICHLER (734) 384-9170 ASSESSING@MONROEMI.GOV March Board of Review Appeal information. The Board of Review will meet at the following dates and times:
Page 20
Michigan Department of Treasury
RECEIWED
26D b - col L-4260
2766 (Rev. 05-16)
Property Transfer Affidavit
DEC 27 2022
This form is issued under aulhorily of PA. 415 of 1994. Filing is mandatory.
This form must be filed whenever real estate or some types of personal property are transferred (even if you are not recording a deed). The completed
Affidavit must be filed by the new owner with the asse:
hip where the property is located within 45 days of the transfer.
The information on this form is NOT CONFIDENTIAL.
rsstesSeriy Bla
:
1. Street Address of Property
2. County
3. Date of Transfer {or land contract signed)
517 CASS ST.
MCNROE
DECEMBER 27, 2022
4. Location of Real Estate {Check appropriate fiefd and enter name in the space below.)
5. Purchase Price of Real Estate
City
[Jrownship
[vitiage
$175,000.00
.
6. Seller's (Transferor) Name
City of Monroe
IDEAL HOME SOLUTIONS LLC
7. Property Identification Number {PIN}. If you don't have a PIN, attach legal description.
\& Juyers {Transferee} Name and Mailing Address
.
Thi
igits.
p
imes
i
IBRAHIM KOBAREE
ws
tis.
1 on he rape to il nd an ne ssessmantraton oT OEE MES
0) NGS BINGE 2D eR, MI
R27]
55-29-00209-000
8 Buyer's {Transferee) Telephone Number
SPIE 373%
items 10 - 15 are optional. However, by completing them you may avoid further correspondence.
10. Type of Transfer: Transfers include, but are not limited to, deeds, land contracts, transfers involving trusts or wills, certain long-term leases and business interest. See
page 2
for
list.
Land Contract
| Lease
Xi Deed
1 Other (specify)
11. Was property purchased from a financial institution?
12. Is the transfer between related persons?
13. Amount of Down Payment
[ves
[no
i
[ves
Do
$43,750.00
|
14.
if you financed the purchase, did you pay market rate of interest?
15. Amount Financed (Borrowed)
[Jves
Cine
$131,250.00
EXEMPTIONS
Certain types
of transfers
are exempt from uncapping. If you believe this transfer is exempt, indicate below the type of exemption you are claiming.
If you claim an exemption, your assessor may request more information to support your claim.
Transfer from one spouse to the other spouse
Change in ownership solely to exclude or include a spouse
Transfer between certain family members *(see page 2)
Transfer of that portion of a property subject to a life lease or life estate {until the life lease or life estate expires)
Transfer between certain family members of that portion of a property after the expiration or termination of a life estate or life lease retained
by transferor ** (see page 2)
Transfer to effect the foreclosure or forfeiture of real property
Transfer by redemption from a tax sale
Transfer info a trust where the settlor or the seltfor's spouse conveys property to the trust and is also the sole beneficiary of the trust
Transfer resulting from a court order unless the order specifies a monetary payment
Transfer creating of ending a joint tenancy if at least one person is an original owner of the property {or histher spouse)
Transfer to establish or release a security interest (collateral)
Transfer of real estate through normal public trading of stock
Transfer between entities under common control or among members of an affiliated group
Transfer resulting from transactions that qualify as a tax-free reorganization under Section 368 of the Internal Revenue Code.
Transfer of qualified agricultural property when the property remains qualified agricultural property and affidavit has been filed.
Transfer of qualified forest property when the property remains qualified forest property and affidavit has been filed.
Transfer of land with qualified conservation easement (land only - not improvements)
O000O0ooooOon oooooPage 21
NGH #7
Page 22
12/29/2025 10:52, aM, Neighborhoods Used: 00007.#07 W OF MONROE ST S$ OF RIVER ECF Analysis for: 55 - CIT Y OF we] INL rage: 1/8 518 W’BIGHTH ST Parcel Number 19-00305-000 Occupancy Single Family 414 W SEVENTH ST Parcel Number 29-00060-082 Occupancy Single Family 918 W FRONT ST Parcel Number 19-00880-000 Occupancy Single Family 732 BACON ST Parcel Number 19-00111-000 Occupancy Single Family 914 W FRONT ST Parcel Number 19-~00879-000 Occupancy Single Family 217 W THIRD ST Parcel Number 29-00394-000 Occupancy Single Family 815 SMITH ST Parcel Number 29-00036-000 Occupancy Single Family Style 1-5 Style 2-8 Style 2-8 Style 2-5 Style 2-5 xx valid sale 03/28/2025 00007 401 $Good 60 x valid Sale ** Class AdjSalePrice LandValue 130,000 12,492 Residualvalue CostByManual E.C.F. 117,508 98,443 1.194 03/21/2025 00007 401 %Good 65 ** valid Sale 03/12/2025 00007 401 $Good 65 xx valid Sale 03/04/2025 00007 401 Good 65 hid valid Sale 02/14/2025 00007 401 %Good 55 *x valid sale 02/04/2025 00007 401 %Good 60 hd Valid Sale ** Class AdjSalePrice LandValue 175,000 16,273 ResidualValue CostByManual E.C.F. 158,727 162,281 0.978 ** Class AdjSalePrice LandValue 214,000 30,185 ResidualValue CostByManual E.€.F. 183,815 159,841 1.150 ** Class AdjSalePrice LandValue 175,000 16,867 ResidualValue CostByManual E.C.¥. 158,133 155,168 1.019 ** Class AdjSalePrice LandValue 160, 000 21,183 ResidualValue CostByManual 5.C.F. 138,817 143,120 0.970 ** Class AdjSalePrice LandValue 145,000 14,362 ResidualvValue CostByManual E.C.F. 130,638 109,950 1.188 *%+ Class AdjSalePrice 01/07/2025 00007 401 $Good 65 Residualvalue 82,027 100, 000 CostByManual 88,038 Landvalue 17,973 E.C.F. 0.932 DB: Monroe 2026
Page 23
12/29/2025 ECF Analysis for: 55 - CITY OF MONROE page: 2/8 10:52 AM DB: Monroe 2026 Neighborhoods Used: 00007.#07 ¥ OF MONROE ST S§ OF RIVER 620 HUBBLE ST Parcel Number > Valid Sale ** Class AdjSalePrice LandValue 29~-00060~-083 11/20/2024 00007 401 145,000 22,482 Occupancy Style Good Residualvalue CostByManual E.C.F. Single Family 2~8 55 122,518 143,938 0.851 411 W BIGHTH ST Parcel Number *x Valid Sale ** Class AdjSalePrice Landvalue 29-00038-022 11/18/2024 00007 401 130, 000 19,798 Occupancy Style %Good Residualvalue CostByManual E.C.F. Single Family 1-8 60 110,202 111,454 0.989 512 W FOURTH ST Parcel Number xx valid Sale ** Class AdjSalePrice LandValue 19-00336-000 10/18/2024 00007 401 129,900 13,343 Occupancy Style %Good ResidualvValue CostByManual E.C.F. Single Family 2-8 60 116,557 109,305 1.066 711 W FRONT ST ’arcel Number xx valid Sale ** Class AdjSalePrice LandValue 18-00750~-000 09/24/2024 00007 401 95,000 6,419 dccupancy Style %Good ResidualValue CostByManual E.C.F. jingle Family 1.5-8 60 88,581 104,415 0.848 522 W SIXTH ST Jarcel Number ** valid Sale ** Class AdjSalePrice LandValue 19-00482~-000 09/19/2024 00007 401 170,000 19,859 Jecupanay Style %Good ResidualValue CostByManual E.C.F. single Family 1.75-8 55 150,141 137,419 1.093 12 W FIFTH ST *arcel Number hd valid Sale ** Class AdjSalePrice LandValue 19-00274-000 09/06/2024 00007 401 79,000 10, 452 Jecupancy Style $Good Residualvalue CosiByManual E.C.EF. single Family 2-5 65 68,548 80,894 0.8497 ‘14 UNION ST rarcel Number x valid Sale ** Class AdjSalePrice LandValue $-00374-000 08/30/2024 00007 401 137,500 15,484 ccupancy Style $Good Resjdualvalue CostByManual E.C.F. -ingle Family 1.75-s 65 122,016 116,347 1.049
Page 24
12/29/2025 ECF Analysis for: 55 - CITY OF MONROE page: 3/8 10:52 2M ¢ DB: Monroe 2026 - Neighborhoods Used: 00007.#07 W OF MONROE ST S OF RIVER 320 BUBBLE ST Parcel Number 3 valid Sale *%* Class AdjSalePrice LandValue 29-00060-022 07/03/2024 00007 401 100, 000 13,147 Occupancy Style %Good ResidualValue CostByManual B.C.F. Single Family 1.5-8 65 86,853 95,388 0.911 616 HUBBLE ST Parcel Number ** valid Sale ** Class hdjSalePrice LandValue 29-00060-072 07/02/2024 00007 401 170,000 13,600 Occupancy style $Good ResidualValue CostByManual E.C.F. Single Family 2-8 75 156,400 162,265 0.964 211 CASS ST Parcel Number ** valid Sale ** Class AdjSalePrice LandValue 29-00229-000 06/28/2024 00007 401 235,000 17,991 Occupancy Style $Good ResidualValue CostByManual BE.C.F. Single Family 2-8 65 217,009 246,920 0.879 101 Ww EIGHTH ST Parcel Number ld valid Sale ** Class AdjiSalePrice LandValue 29~00504-000 06/20/2024 00007 401 116,000 13,272 Gecupancy Style $Good ResidualvValue CostByManual E.C.F. $ingle Family 1.75-8 60 96,728 84,864 1.140 726 W SIXTH ST Parcel Number xx Valid Sale ** Class AdjSalePrice LandValue 19-00034-000 06/18/2024 00007 401 122,000 17,508 Occupancy Style $Good Residualvalue CostByManual E.C.F. Single Family 1.5-8 55 104,492 90,873 1.150 329 W SEVENTH ST Parcel Number hd valid Sale ** Class AdjSalePrice LandValue 29-00404-471 05/24/2024 00007 401 175,000 13,314 Occupancy Style $Good ResidualValue CostByManual E.C.F. Single Family 2-8 65 161, 686 144,513 1.119 711 W FOURTH S87 Parcel Number xx valid Sale ** Class AdjSalePrice Landvalue 19-00010-001 05/06/2024 00007 401 155,000 18,845 Qccupancy Style $Good ResidualValue CostByManual E.C.F. Single Family NEWER HOMES 81 136,155 160,896 0.846
Page 25
12/29/2025 ¥CF Analysis for: 55 - CITY OF MONROE Page: 4/8 10:52 AM . DB: Monroe 2026 Neighborhoods Used: 00007.#07 W OF MONROE ST S§ OF RIVER 311 Ww SIXTH §T° Parcel Number ** Valid Sale ** Class hdjSalePrice LandvValue 239-00060-067 04/19/2024 00007 401 120,000 14,483 Occupancy Style %$Good Residualvalue CostByManual E.C.F. Single Family 1-5 60 105,517 95,384 1.106 609 W FIFTH ST Parcel Number *% Valid Sale ** Class AdjSalePrice LandValue 19-00022-000 04/18/2024 00007 401 195,000 17,862 Occupancy Style $Good ResidualvValue CostByManual E.C.F. Single Family 1.5-8 5 177,138 148,031 1.197 104 W SEVENTR ST Parcel Number ** valid Sale ** Class hdjSalePrice LandValue 29-00289-000 03/25/2024 00007 401 155,000 14,742 Occupancy Style $Good ResidualValue CostByManual E.C.F. Single Family 1.5-8 60 140,258 123,982 1.131 112 9 THIRD SW Parcel Number ad Valid Sale ** Class AdjSalePrice LandvValue 29-00265-000 03/15/2024 00007 401 175,000 14,781 Jccupancy Style %Good ResidualvValue CostByManual B.C.F. single Family 2-5 60 160,219 156,461 1.024 129 § ROESSLER ST 2arcel Number xr Valid Sale ** Class AdjSalePrice LandValue 19-00399-000 03/05/2024 00007 401 202,400 14,734 dccupancy Style Good Residualvalue CostByManual E.C.F. single Family NEWER HOMES 80 187,666 178,633 1,051 125 Ww BIGHTH 8ST *arcel. Number ah valid Sale ** Class AdjSalePrice LandValue .3-00131-000 02/29/2624 00007 401 165,000 16,636 Jecupancy Style %Good ResidualValue CostByManual E.C.F. jingle Family 1-8 63 148,364 148,393 1.000 +11 W FRONT ST ‘arcel Number x Valid Sale ** Class AdjSalePrice LandValue 9-00318-000 12/22/2023 00007 401 135,000 17,391 ccupancy Style %Good ResidualValue CostByManual E.C.F. ‘ingle Family 2-8 60 117,609 155,760 0.755
Page 26
12/29/2025 ECF Analysis for: 55 - CITY OF MONROE Page: 5/8 10:52-0M, DB: Monroe 2026 Neighborhoods Used: 00007.#07 W OF MONROE ST S OF RIVER 420 URTON ST Parcel Number x Valid Sale ** Class AdjSalePrice LandValue 18-00366~000 10/27/2023 00007 401 154,000 13,234 Occupancy Style %$Good Residualvalue CostByManual E.C.F. Single Family 2-8 65 140,766 120, 620 1.167 827 W FIFTH ST Parcel Number rE Valid Sale ** Class AdjSalePrice LandValue 1.9-00396-000 09/06/2023 00007 401 132,000 11,110 Occupancy Style %Good Residualvalue CostByManual E.C.F. Single Family 2-5 65 120,890 147,250 0.821 102 SMITH ST Parcel Number hd valid Sale ** Class AdjSalePrice LandValue 29-00404-051 08/17/2023 00067 401 220,000 21,671 Occupancy Style $Good ResidualvValue CostByManual E.C.F. Duplex DUPLEX 80 198,329 185,368 1.070 423 S ROESSLER ST Parcel Number * x valid Sale ** Class AdjSalePrice LandValue 19-00400-000 08/16/2023 00007 401 215,000 13,234 Occupancy Style $Good ResidualvValue CostByManual E.C.F. Single Family NEWER HOMES 80 201,766 183,321 1.101 617 W SEVENTIt ST Parcel Number ** valid Sale ** Class AdjSalePrice LandValue 19-00084-000 06/19/2023 00007 401 160,000 20,796 Occupancy Style %Good ResidualValue CostByManual E.C.F. Single Family 1.5-8 65 139,204 111,230 1.251 511 W EIGHTH ST Parcel Number ** valid Sale ** Class AdjSalePrice LandValue 19-00309-000 05/30/2023 00007 401 151, 000 15,492 Occupancy Style $Good Residualvalue CostByManual B.C.F, Single Family 1-8 60 135,508 107,596 1.259 610 SMITH ST Parcel Number xx Valid Sale ** Class AdjSalePrice Landvalue 29-00404~004 05/26/2023 00007 401 155,000 13,351 Occupancy Style $Good Residualvalue CostByManual E.C.¥. Single Family 2-8 65 141,649 144,688 0.3979
Page 27
12/29/2025 ECF Analysis for: 55 - CITY OF MONROE 10:52 AM : Neighborhoods Used: 00007.#07 W OF MONROE ST S$ OF RIVER Page: DB: 6/8 Monzoe 2026 707 Ww FOURTH ST Parcel Number ** valid Sale ** Class AdjSalePrice LandValue 19-00010-002 04/06/2023 00007 401 149,900 19,618 Occupancy Style %Good ResidualValue CostByManual E.C.F. Single Family NEWER HOMES 80 130,382 143,059 0.911 807 CASS ST Parcel Number wx Valid Sale +* Class AdjSalePrice Landvalue 29-00494-000 04/06/2023 00007 401 135,000 12,801 Occupancy Style %$Good ResidualValue CostByManual E.C.F. Single Family 1.75-8 60 122,199 99, 688 1.226
Page 28
12/29/2025 ECF Analysis for: 55 - CITY OF MONROE Page: 7/8 10:52AM 7 DB: Monroe 2026 Neighborhoods Used: 00007.§07 W OF MONROE ST S OF RIVER <<cce<<< Single Family Computed Costs by Manual SEOIDSH>S> * Style * 91..100 81..90 71..80 61..70 51..60 G..50 1+-8 0 [4 [J 0 0 0 1-8 725, 614 125,614 725,614 725,614 725,614 725,614 1,25-8 [4] [ 0 0 0 [4 1.5-8 1,056,555 1,056, 55% 1,056,555 1,056,555 1,056,555 1,056,555 1.75-8 551,289 551,289 551,289 551,289 551,289 551,289 2-5 2,557,257 2,557,257 2,557,257 2,557,257 2,557,257 2,557,257 2.5-§ 0 0 [4 0 0 0 3-5 0 [4 0 0 0 [4] 3.5-8 0 [4 0 0 0 0 BI-LEVEL 0 0 [4] 0 0 0 CATHEDRAL 0 0 [4] 0 0 [4] DUPLEX [4] 0 [4] [J 0 0 DUPLEX 1~S NEWE 0 0 0 0 0 0 DUPLEX ATTACH 0 0 0 0 0 0 NEWER HOMES 665,909 665,909 665,909 665,909 665, 909 665,909 TRI-LEVEL 0 0 0 Q 0 0 TRIPLEX 0 o 0 [4] 0 0 0 0 0 ly 0 0 ‘fotal Single Family Costs by Manual 5,556,623 otal Mobile Home Costs by Manual [4 Total Town Home Costs by Manual 185,368 Total Agricultural Costs by Manual : [4 Total Commercial Costs by Manual H [4] <LLLLLLLLLLL Single Family Sale Residual Values SEES * Style * 91..100 1..90 71..80 61..70 51..60 ..50 1-8 0 0 0 [J [4] 0 1-s 798,619 798,619 798, 619 798,619 798,619 798,619 1.25-8 0 0 0 0 0 0 1.5-8 1,115,891 1,115,891 1,115,891 1,115,891 1,115,891 1,115,891 1.75-8 628,160 628,160 628, 160 628,160 628,160 628,160 2-5 2,448,802 2,448,802 2,448,802 2,448,802 2,448,802 2,448,802 2.5-8 [4] 0 0 0 0 o 3-8 [4] 0 0 0 [ [4 3.5-8 [ [4 0 [o [4 [4 BI-LEVEL [4] [} 0 [4 [4 0 CATHEDRAL [J] [4 [4] 0 0 [4 DUPLEX [J 0 [4] 0 0 0 DUPLEX 1-S NEWE [4] [4] [of 0 0 [4] DUPLEX ATTACH [4] [4] 0 0 0 ° NEWER HOMES 655,969 655,969 655,969 655,969 655, 969 655,969 TRI-LEVEL [4 Q [] 0 0 0 TRIPLEX [4 0 0 0 0 0 0 [4 0 0 [4 [4] Total Single Family Sale Residual Values 5,647,441 Total Mobile Home Sale Residual Values 0 Total Town Home Sale Residual Values 198,329 Total Agricultural Sale Residual Values : 0 Total Commercial Sale Residual Values H 0 CLLLLLLLLLLLLK Statistics for this Analysis SSE55O5555555 # valid # Invalid Coefficient of Coefficient of Price Related Sales Sales Dispersion (%) variation (%) Differential Mean Median 42 3 10.25 12.00 1.006 1,029 1.037 After Application of E.C.F.s 8.66 10.27 1.008 <LLLLLL Economic Condition Factor Estimates (# of data points) SO>>>5>
Page 29
12/29/2025
10:52
AM
BCF Analysis
for:
55
- CITY
OF MONROE
Seighborhoods
Used:
00007.#07
W OF MONROE
ST
S$
OF RIVER
Page:
DB:
8/8
Honroe 2026
SEWER HOMES
0.985(
4}
I'RI-LEVEL
1.000¢
0)
I'RIPLEX
1.000(
0)
1.000¢
0)
3ingle
Family E.C.F.
:
1.016
Yobile
Home E.C.F.
¢
1,000
Pown Home E.C.F.
+
1.070
agricultural E.C.F.
:
1.000
Commercial E.C.F.
:
1.000
LLLLLCCLLLLLLKL
0.985(
4)
1.000(
0)
1.000{
0)
1.000{
0)
(41)
{0}
{1}
{0}
(0)
Settings
for
this Analysis
Starting Date:
04/01/2023
Ending
Date:
03/31/2025
Terms
Selected:
1
Analyze
by Style:
Analyze
by %Good:
Show Valid
Data
:
X
Show Invalid
Data
Show Costs and Residuals:
X
Jse Infl.
Adj.
Sale
Prices:
Neighborhood
(s}: 00007
~
#07
¥W
OF MONROE
ST
$
OF RIVER
0.985(
4)
0.985(
4)
4.985(
4)
1.000(
0)
1.000(
0}
1.0060(
0)
1.000(
0)
1.,000¢
0)
1.000(
0)
1.000(
0)
1.000(
0)
1.000(
0)
DEDEDE
EIOP>>
0.985(
4)
1.000(
0)
1.000(
O)
1.000(
0)
Max
#
of Res.
Buildings:
10
Max
#
of Ag.
Buildings:
30
Max
#
of C/I
Buildings:
30
Minimum E.C.F.
(Residential):
Maximum E.C.F.
(Residential):
Minimum E.C.F,
(Agricultural):
O.
Maximum E.C.F.
(Agricultural):
3.
Minimum E.C.F.
{Commercial}:
O.
F.
(Commercial):
1.
Maximum E.C
0.
3.
10
00Page 30
NEIGHBORHOOD 7 Parcel Number Street Address Sale Date Instr. Sale $ Residual Effec. Front $/FF Land Table 19-00131-000 725 W EIGHTH ST 2/29/24 WD $165,000 $19,001 4472 $425 #07 W OF MONROE STS OF RIVER | |19-00386:000 826 W EIGHTH ST ~~ spn7a3wo $140,000 $10,132 3531 $287 #07 W OF MONROE STS OF RIVER 10.002 707 W FOURTH ST 4/6/23 WD $149,900 $10,898 4899 $222 07 W OF MONROE STS OF RIVER | [19 -00024-000 619 W FIFTH ST 12/7/23 Wo Jt T4865 $323 #07 W OF MONROE STS OF RIVER 2900036000 815 SMITH ST Y1jswo 5138 $258 #07 W OF MONROE STS OF RIVER 129.00060-083 620 HUBBLE ST 11/20/24 WD © 50.20 $223 HO7W OF MONROE STS OF RIVER 29-00066-000 726 CASS ST 9/16/24 WD iN = 5000 $285 HO7W OF MONROE STS OF RIVER BRS 6/28/24 WD $235000 $14,710 48.99 $300 07 W OF MONROE STS OF RIVER -00274-000 112 W FIFTH ST » 9/6/24 MLC © $1900 $7,813 34.16 $229 #07 W OF MONROE ST S OF RIVER [29-00038-022 411 W EIGHTH ST 11/18/24 WD $130,000 $18,499 53.62 $345 HO7 W OF MONROE STS OF RIVER TOTAL == OUTLIERS: Parcel Number Street Address Sale Date Instr Sale $ Residual Effec. Front S/FF Land Table 19-00034-000 726 W SIXTH ST 6/18/24 WD $122,000 $31,840 47.67 $668 #07 W OF MONROE STS OF RIVER 522 WSIXTHST 9/19/24 WD. $170,000 $33,651 5043 $667 #07 W OF MONROE STS OF RIVER 914 W FRONT ST g 2/14/25 WD 00 $34,054 5230 $651 H07W OF MONROE STS OF RIVER _ 616HUBBLEST 7/224 WD $170,000 $24,207 34.64 $699 #07 W OF MONROE STS OF RIVER 414 W SEVENTH ST & 3/21/25 WD $175,000 $29,943 4583 $653 HO7W OF MONROE STS OF RIVER _ 610SMITHST 5/26/23 WD. © $155,000 $26,175 $676 #07 W OF MONROE STS OF RIVER 101 W EIGHTH ST 6/20/24 WD. $110,000 i= 47 $703 #07 W OF MONROE STS OF RIVER 112WTHIRDST 3/15/24 WD $175,000 $37,314 4830 $772 HO7W OF MONROESTS OF RIVER 4295 E $202,400 4325 $763 #07 W OF MONK! 104 W SEVEN 3/25/24 WD - _ 4082 $826 HO7 W OF MONRO 4235 ROESSLER ST 8/16/23 WD $42,678 4325 $987 #O7W OF MONROESTS OF RIVER | GI7WSEVENTHST 6/19/23 WD $49,383 © 5543 $891 #07W OF MONROESTSOFRIVER | 119.00111-000 732BACONST 3/4/25 WD $840 #07 W OF MONROE STS OF RIVER _ [1900305000 S18WEIGHTHST ~ $34510 40.82 $845 HO7W OF MONROE STS OF R 19-00396-000 827 W FIFTH ST = 9/6/23 WD — © $2420 3631 $67 #07 W OF MONROE STSOFRIVER | S23WFIFTHST 12/31/24 WD - $35,586 44.05 $808 OF MONROE STS OF f | BE TS “a4f6/23WD © 4183 $939 07 W OF MONROESTS OF RIVER | [29-00394-000 217 W THIRD ST _ - 2/425 WD © 3958 $940 #07 W OF MONROE STS OF RIVER | 001 711WFOURTHST 5/6/24 WD 49.33 $0 HO7W OF MONROE STSOFRIVER | [22-00 -00060-022 320 HUBBLEST ~ 7/3/24 WD $5,350 32.90 $163 H07W OF MONROE STS OF RIVER 6 5 8/23/23 WD $9717 61.24 $159 #07 W OF MONROE STS OF RIVER 129.00357-000 522 HARRISON ST 8/5/24 WD _ 7 $95 HO7 W OF MONROE STS OF RIVER 129-00318:000 229 HARRISON ST 8/11/23 MIC es $454 #07 W OF MONROE STS OF RIVER 127 W SEVENTH ST 6/10/24 WD $140,000 54,201 3539 $1,534 #07 W OF MONROE STS OF RIVER 2000038029 722 HUBBLE ST 12/2024 WD $140,000 $52,0 4147 $1,254 #07 W OF MONROE STS OF RIVER _ [2900054000 ~~ 733CASSST BN 3/26/25 WD _ $240,000 $75,430 50.00 $1,509 #0 SOFRIVER 12900060011 325 W THIRD ST “7/19/ $8 2 ©3528 $2,489 H07 INROE STS OF RIVER 29.00263-000 224 CASS ST = 4/26/24 WD 39,79 3651 $1,090 #07 W OF MONROE STS OF RIVER | 29-0029 114 W SEVENTH ST % 4/12/24 WD = $91,129 30.28 $3,010 HO7W OF MONROESTSOF RIVER | [29-00392-000 221 WTHIRDST 9/1824 WD $160000 $68276 = 404-041 709 ADAMS ST 6/21/24 WO © $119000 $39,092 i 29-00404-051 702 SMITH ST Co 8/17/33 WD © $220,000 $73,163 6347 spas 153 #07 \ [29.00404-471 329 W SEVENTHST 5/24/24 WD © 5175,000 3861 $1,200 #07 W OF MONROE STS OF RIVER _ 119-00309-000 511 W EIGHTH ST AL 5/30/23 WO 4082 $1,069 #07 W OF MONROE STS OF RIVER | |19-00316-000 822 ADAMS ST (826 TOWNSHIP) _ 8/20/24 WD $121,000 0 20.83 ) 1900366-000 420 UNION ST 10/27/23 WD. © 6154000 $47,880 4325 $1,106 #07 W OF MONROE STS OF RIVER 1900022000 609 W . 4/18a WD $195000 $49914 $1,026 #07 W OF MONROE STS OF RIVER | 11900025000 625W > 2% 4/2/24 WD $210,000 $94,746 486 RIVER | 1900076000 608 W SEVENTH ST | $176000 $58,286 "48.16 $1,210 #07 W OF MONROE STS OF RIVER | 29.00060-067 311 W SIXTHST ~¢ 4/19/24 WD $120,000 78 47.33 $581 HO7W OF MONROE STS OF RIVER _ 714 UNION ST B 8/30/24 WD 7,500 $23,557 43.25 $545 HO7W OF MONROE STS OF RIVER |
Page 31
1 J Received 12026 LARA JUN Michigan P.0. Box 3 Samantha Lansing, M