1315 Monroe St, Dearborn, MI 48124 Property Records

Wayne County property record for 1315 Monroe St, Dearborn, MI 48124

Property Summary

Property TypeApartment House (2-4 Units)
Details8,990 sqft · built 1927
Lot Size0.17 acres (7,405 sqft)
OwnerCompany Name on File
Last Sale$1,900,000 (Apr 2018)
Tax Bill$9,416 (2025)
Deeds & MortgagesApr 2022 Sale & Construction Loan
Dec 2019 Loan Modification
+ 1 more
Flood ZoneZone X (minimal risk)
APN82-09-223-17-007

Property Details

APN / Parcel Number

Primary APN82-09-223-17-007

Interior

Units10 Units
Stories2 Stories
Building Area8,990 sqft Total Area

Exterior

Year BuiltBuilt 1927
Effective Year BuiltEffective 1927
Architectural StyleMulti-Family
Lot Area7,405 sqft (0.17 acres)
Lot Dimensions150 ft deep x 50 ft wide

Utilities, Heating & Cooling

Heating SystemForced Air with A/C

Location & Zoning

Street Address1315 MONROE ST
CityDEARBORN
StateMI
Zip48124-2838
Property CategoryCommercial
Property TypeResidential > Multi-Unit > Apartment House (2-4 Units)
Local Zoning CodeBB
Legal DescriptionLOT 5 A WAGNERS SUB
Legal SubdivisionA WAGNERS
Legal Lot Number5
JurisdictionWAYNE MI
Township / Civil DivisionDEARBORN
Census Block Group1
Census Block1001
Census Tract575000

Owner

1315 Monroe St, a residential property, is owned by a company that bought it in April 2018.

Source: Wayne County records, as of September 15, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of RecordCompany Name on File
Mailing Address16030 MICHIGAN AVE, 200, DEARBORN, MI 48126-2964
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
Apr 26, 2022Warranty Deed, Construction Loan · Construction Mortgage
A&S CAPITAL LLC
Dec 12, 2019Loan Modification, Mortgage · Line of Credit
MBANK
Apr 30, 2018Grant Deed, Transfer
MBANK

Assessor's Deed Record

Deed NamesName on Deed
Last SaleApr 30, 2018 · Amount on File
Deed SaleApr 30, 2018 · Amount on File
Deed Document Number2018161856
Deed Book / Page54382 / 1356
Prior Transfer DateAug 29, 2014
Prior Transfer Doc0522101135
Record UpdatedOct 29, 2026

April 2022: Warranty Deed, Construction Loan

Document TypeWarranty Deed
JurisdictionWAYNE MI
Recording DateApr 26, 2022
Property Address1315 MONROE ST, DEARBORN, MI 48124-2838
Document Number0575910516
Book / Page57591 / 516
Map ReferenceLB 19 PG 92
Instrument DateFeb 4, 2022
Instrument2022168736
Transaction TypeConstruction Loan
Record UpdatedFeb 27, 2023
Title CompanyFIDELITY NATIONAL TITLE, FIDELITY NATIONAL TTL CO LLC

Transaction

AmountAmount on Record
Loan-to-Value (LTV)LTV on Record
Tax$27,315.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name
Address27475 SCHOOLCRAFT RD, LIVONIA, MI 48150-2201

Transferred To (Grantee/Buyer)

NameVerified Name
Address5308 13TH AVENUE #491 # 491, 491, DEARBORN, MI 48124

Mortgage

Document Number0575910519
DateApr 26, 2022
Instrument57591/0519
Lender
NameA&S CAPITAL LLC
TypeNon-Lending Institution
Agreement
TypeConstruction Mortgage
AmountAmount on Record
Term17 Months
DueSep 1, 2023

December 2019: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionWAYNE MI
Property Address1315 MONROE ST, DEARBORN, MI 48124-2838
Document Number0554700368
Instrument DateDec 12, 2019
Transaction TypeMortgage
Record UpdatedJan 28, 2020
Title CompanyATTORNEY ONLY

Transaction

Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address509 PLAINFIELD ST DEARBORN HEIGHTS MI 481273623, DEARBORN HEIGHTS, MI 48127-3623

Mortgage

Document Number0554700368
DateDec 16, 2019
Book Page055470/000368
Instrument349383
Lender
NameMBANK
TypeBank
Address260 E BROWN ST # 300, BIRMINGHAM, MI 48009-6232
Agreement
TypeLine of Credit
AmountAmount on Record
Interest
Rate TypeAdjustable Rate

April 2018: Grant Deed, Transfer

Document TypeGrant Deed
JurisdictionWAYNE MI
Recording DateApr 30, 2018
Property Address1315 MONROE ST, DEARBORN, MI 48124-2838
Document Number0543821356
Book / Page054382 / 001356
Instrument DateApr 16, 2018
Instrument161856
Transaction TypeTransfer
Record UpdatedJan 28, 2020
Title CompanyOTHER

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$16,340.00
Amount AccuracyConfirmed
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address16030 MICHIGAN AVE #200 DEARBORN MI 481262964, 200, DEARBORN, MI 48126-2964
InvestorPossibly a Property Investor

Mortgage

Document Number543641423
DateApr 30, 2018
Book Page054364/001423
Instrument153238
Lender
NameMBANK
TypeBank
Address260 E BROWN ST # 300, BIRMINGHAM, MI 48009-6232
Agreement
AmountAmount on Record

Tax Assessment & Valuation

The 2025 property tax bill for 1315 Monroe St was $9,416.

Source: Wayne County assessment roll, as of September 15, 2026

Property Jurisdictions

TypeName
StateMichigan
CountyWayne County
MunicipalityDearborn City
Unified School DistrictDearborn City School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$153,900 (+10.09%)$307,800 (+10.09%)
2025$9,416.00$139,800$279,600
2023$7,015.00$156,100$312,200
2019$10,352.00

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 1315 Monroe St in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective May 25, 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

The area around 1315 Monroe St has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemDEARBORN
serves 109,976 people · EPA ID MI0001730
Water SourcePurchased surface water from GREAT LAKES WATER AUTHORITY
Last State InspectionFeb 2026
Lead6 ppb (2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 326 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250
WOW Internet, Cable & Phone
Cable
1,200 / 50
Verizon
Fixed Wireless
1,000 / 75
AT&T
Fixed Wireless · DSL · Fiber in parts of the area
100 / 20
T-Mobile
Fixed Wireless
100 / 20

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