Marketplace

3562 Meadowcrest Monroe, MI, 48162

Current Bid $82,000

About Property

3562 Meadowcrest, Monroe, Michigan, 48162

Auction: $80,000 Minimum Bid. A rare chance to own a 3-bed home in the Beaches area of Frenchtown Twp, just two blocks from Lake Erie, with flexible auction pricing. This 3-bedroom, 2-bath ranch in the Baycrest subdivision offers approx. 1,240 sq ft on a corner triple-lot parcel, delivering space, location, and value that are hard to find at this entry point.

If you have been waiting for an opportunity near the water with room to grow, this property stands out. The layout offers comfortable single-level living, while the oversized lot setup creates options for outdoor living, storage, or future improvements.

What makes this property compelling:
• Approx 1,240 sq ft ranch layout
• 3 bedrooms, 2 full baths
• 2.5 car garage for storage or projects
• Triple lot corner setting with added space
• Just two blocks from Lake Erie access
• Located in the Baycrest subdivision off N. Dixie Hwy

The home presents a value-add opportunity with potential for updates, allowing you to customize and build equity over time. The combination of size, land, and proximity to Lake Erie creates a strong long-term appeal for both personal use and investment.

Enjoy the Beaches area lifestyle with nearby shoreline access, recreation, and open space, all within a short distance from your front door. Opportunities with this much land near the lake at this price level are limited.

• Preview the property in person and explore the potential firsthand
• Open 4/14 from 12 to 2 PM
• Open 4/19 from 12 to 1:30 PM
• Bidding ends 4/22 at 1 PM
• Property sold via auction terms
• Buyers to verify all information

 

  • Property Type: Homes
  • Property Subtype(s): Single-Family Residential
  • Beds: 3
  • Baths: 2
  • Square Footage: 1,240
  • Year Built: 1992
  • Year Renovated: 2010
  • Lot Size: 10,890 SQ FT.
  • Lot Dimensions: 150x80
  • Asset Type: Residential
  • Broker Co-Op: Yes
  • CoBroke Commission: 2
  • Terms Accepted: No direct contact with the seller without explicit consent., No contingencies; property sold AS-IS., Cash, Conventional Loan, Sold “As Is”, Earnest Money Deposit, Bidder Registration Verification: In the amount of $2,500 Credit Card Authorization Temp. Hold
  • Occupied By: Vacant
  • Ownership: Private Seller
  • Possession: Close of Escrow
  • Home Warranty: No
  • Style: 1 Story
  • Stories: 1 Story
  • Garage/Spaces: 2
  • Cooling: Central Air
  • Heating: Forced Air, Central Furnace
  • Electric: 200 Amp
  • Gas: Natural Gas
  • Water: Public
  • Sewer: Public sewer system
  • Property Taxes: $2,178
  • Tax Exemptions: None
  • County: Monroe
  • Zoning: Residential
  • Subdivision:Baycrest
  • School District: Jefferson
  SQ FT Bedrooms Bathrooms
Main Floor 1240 3 2
  • Kitchen Features: Laminate Counters, Pantry
  • Flooring: Laminate
  • Windows: Bay windows, Vinyl Windows
  • Bedroom Features: Fits King Bed(s), Ceiling Fan(s)
  • Bathroom Features: Bathtub, Shower, Bathtub/Shower, Exhaust Fan
  • Master Bedroom Features: Fits King Bed
  • Construction: Vinyl Siding, Wood Frame
  • Exterior Features: Landscaped, Front & Rear Yard, Deck
  • Roof: Asphalt
  • Foundation: Block
  • Fence: Partial
  • Garage/Parking: Parking Garage, Detached Garage, Off Street
  • Location Features: Adjacent to Park, Corner Lot, Lakefront, Secluded , Beach Access

REAL ESTATE AUCTION TERMS AND CONDITIONS

Broker: Real Estate One, Inc.
Auctioneer/Realtor®: Nicholas L. Pinotti
Auction Platform: AuctionNow.bid

These Real Estate Auction Terms and Conditions ("Terms") govern the offering and sale of real property through the auction method of marketing. By registering, bidding, or executing a Purchase Agreement, Bidder agrees to be bound by these Terms. These Terms are incorporated into the Purchase Agreement.

  1. AUCTION METHOD
    The Property is offered for sale using the auction method of marketing. The auction may be conducted online. Auctioneer may modify bidding procedures as necessary to conduct the auction in a commercially reasonable manner. Auctioneer decisions regarding auction conduct shall be final. Seller and Auctioneer reserve the right to modify auction procedures prior to or during the auction.
  2. BIDDER REGISTRATION
    All bidders must register and be approved prior to bidding. Auctioneer may require government-issued identification, proof of funds, financing approval, earnest money preauthorization, and a signed bidder agreement. Auctioneer reserves the right to approve or reject any bidder at Auctioneer’s sole discretion.
  3. BIDDER REGISTRATION DEPOSIT HOLD                                                                                                                                                                                                                                                               A valid credit card is required to register, and a $2,500 authorization hold will be placed to verify funds. This is not a charge. The successful bidder must provide an Earnest Money Deposit equal to the greater of $5,000 or 5% of the Total Contract Price within the required timeframe. The $2,500 hold will be released for non-winning bidders and released or applied toward the deposit for the successful bidder.
  4. BINDING BIDS
    Each bid constitutes a legally binding and irrevocable offer to purchase the Property. Bids may not be withdrawn once placed. The Successful Bidder shall execute the Purchase Agreement and all required documents immediately following the auction or within the time specified by the Auctioneer. Failure to execute required documents shall constitute Buyer’s default.
  5. AUCTION TYPE
    Minimum Bid Auction. Minimum Bid: $80,000. The Property shall sell to the highest bidder at or above the Minimum Bid. Seller shall not reject a bid meeting the Minimum Bid.
  6. BUYER PREMIUM
    A Buyer Premium shall be added to the High Bid. Default Buyer Premium: Ten Percent (10%). The Buyer Premium shall be added to the High Bid to determine the Total Purchase Price.
  7. CONTRACT PURCHASE PRICE
    Total Contract Purchase Price equals High Bid plus Buyer Premium.  Example: Bid: $100,000 + 10% Buyer Premium:$10,000 = $110,000
  8. EARNEST MONEY DEPOSIT
    Successful Bidder shall deposit Earnest Money in the amount of $5,000 within the time specified in the Purchase Agreement. Earnest Money shall be governed by the Purchase Agreement, Purchase Addendum, Escrow, Non-Refundable Earnest Money Deposit Agreement, and Pre-Signed Earnest Money Release Authorization. Earnest Money shall be non-refundable except as expressly provided in the Escrow Agreement.
  9. PRE-SIGNED RELEASE AUTHORIZATION
  10. Successful Bidder shall execute a Pre-Signed Earnest Money Release Authorization at the time of contract signing. Escrow Agent is authorized to release Earnest Money without further Buyer signature in the event of Buyer default.
  11. BUYER DEFAULT
    Buyer default includes failure to execute the Purchase Agreement, failure to deposit Earnest Money, failure to close, or failure to perform contractual obligations. If Buyer defaults, Earnest Money shall be forfeited as liquidated damages. Escrow Agent may release Earnest Money pursuant to the Escrow Agreement. Seller may pursue additional legal remedies, and Broker shall be entitled to compensation as provided in the Listing Agreement. Seller remedies are cumulative and not exclusive.
  12. CLOSING
    Closing shall occur on or before May 22, 2026. Time is of the essence. Buyer shall be responsible for all financing arrangements. The transaction shall not be contingent upon financing unless expressly stated in writing.
  13. PROPERTY CONDITION
    The Property is sold AS-IS, WHERE-IS, WITH ALL FAULTS. Seller and Broker make no representations or warranties except as expressly stated in writing. Buyer is solely responsible for inspections and due diligence. Buyer acknowledges having had the opportunity to inspect the Property prior to bidding, including scheduled open houses.
  14. TITLE
    Seller shall provide a marketable title as defined in the Purchase Agreement. Title objections shall be handled pursuant to the Purchase Agreement. Closing shall be conducted through TRUE Title.
  15. CLOSING COSTS
    Unless otherwise stated in the Purchase Agreement, Buyer shall pay title insurance premiums, recording fees, closing fees, lender fees, and inspection costs. Seller shall pay deed preparation and transfer taxes if required by law.
  16. POSSESSION
    Possession shall be delivered at closing unless otherwise stated in writing.
  17. PRE-AUCTION OFFERS
    Seller reserves the right to accept a pre-auction offer. Seller may cancel or modify the auction at any time prior to contract execution.
  18. POST-AUCTION OFFERS
    Seller reserves the right to accept backup offers. Backup bidders may be required to submit Earnest Money.
  19. BROKER DISCLOSURE
    Real Estate One, Inc. represents the Seller unless otherwise disclosed in writing. Cooperating brokers may participate. Broker compensation shall be governed by the Listing Agreement. Dual agency may occur where permitted by law with proper disclosure and consent.
  20. TECHNOLOGY DISCLAIMER
    AuctionNow.bid is a technology platform only. Broker and Auctioneer are not responsible for internet failures, platform interruptions, software errors, or bidder connectivity issues. The auctioneer may suspend, extend, or restart bidding if necessary. Auctioneer decisions shall be final.
  21. AUCTION PROCEDURE
    Auctioneer may accept or reject bids, modify bid increments, extend bidding, resolve disputes, and determine the high bidder. Auctioneer's determination of the High Bidder shall be final and binding.
  22. BIDDER RESPONSIBILITY
    Bidder acknowledges that bidding is a legal commitment, bids cannot be withdrawn, and due diligence must be completed before bidding. Failure to close shall constitute default.
  23. ENTIRE AGREEMENT
    These Terms, together with the Purchase Agreement, Purchase Addendum, Escrow Agreement, and Listing Agreement, constitute the entire agreement.
  24. ELECTRONIC SIGNATURES
    Electronic signatures shall be binding. Electronic documents shall be admissible as originals.
  25. GOVERNING LAW
    These Terms shall be governed by the laws of the State of Michigan, including the Michigan Occupational Code. 

  • Unpaid Principal Balance: $0.00
  • Original Balance: $0.00
  • Total Payoff: $0.00
  • Payments Remaining: 0.00
  • Interest Rate: 0.00
  • Interest Only Loan: No
  • Principal and Interest Payment: $0.00
  • Escrow/Impounds: $0.00
  • Total Monthly Loan Payment: $0.00
  • Accrued Late Charges: $0.00
  • Hardest Hit Fund State: No
  • Judicial State: No
  • Non Judicial State: No
Online Auction
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Registration is Open
Bidding Ends In
If any bids are placed within the last 5 minutes of the auction, the clock will automatically be reset to 10 minutes. Once the final 5 minutes passes with no new bids placed the auction will end.

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View Bids: 1
Listed By
Marketplace
Nick Pinotti
Welch Real Estate brokered by: Real Estate One, Inc.
(+1) (734) 707-1007
Chat with agent
Seller Notes
Below are few helpful seller bullet points regarding this sale. Make sure to review everything in the Terms of Sale section towards the bottom of this page and also in the Due Diligence Vault located below along the right side for all the details regarding the sale of this property.
  • Deposit Amount: $2,500
  • Buyers Premium $5000.00 or 10%
Open House Date(s)
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