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18480 Monica St

Detroit, MI 48221

3 bd 2 ba 1,550 sqft Built 1935 Lot 3,485 sqft single_family
Most recent sale
$80,000
Jan 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 27, 2022 Price changed $207,000 MLS #20221028864
Aug 17, 2022 Price changed $225,000 MLS #20221028864
Aug 11, 2022 Listed $238,000 MLS #20221028864
Jan 19, 2022 Sold $80,000 Public Record
Jun 26, 2015 Listed $15,900 MLS #215066543

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $28,200 $1,577
2020 $23,300 $1,739
2019 $18,800 $1,711
2018 $16,400 $1,644
2017 $15,900 $1,635
2016 $22,300 $2,224
2015 $24,800 $2,422
2014 $24,768 $1,961
2013 $30,960 $2,619
2012 $32,906 $2,266
2011 $36,097 $2,226
2010 $42,973 $2,168
2009 $52,406 $2,129
2008 $61,293 $1,876
2007 $61,293 $1,856

Property facts

Year built
1935
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,550 sqft
Lot size
3,485 sqft
ZIP code
48221
City
Detroit
Street
Monica St
Coordinates
42.42736, -83.14423

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$480
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 18480 Monica St last sell?
18480 Monica St most recently sold on Jan 19, 2022 for $80,000.
What is the current tax assessment for 18480 Monica St?
The most recent total assessment for 18480 Monica St (year 2021) is $28,200 with $1,577 in property tax.
How does 18480 Monica St's assessment compare to its last sale price?
The current assessment is 64.8% below the last sale price of $80,000.
When was 18480 Monica St built?
18480 Monica St was built in 1935.
How does 18480 Monica St compare to others on Monica St?
We track 8 other properties on Monica St. Browse the list under "Other properties on Monica St" to compare beds, baths, and sale history.
What are the property facts for 18480 Monica St?
18480 Monica St is a 3 bed, 2 bath, 1,550 sqft, 3,485 sqft lot single_family.
Is 18480 Monica St a flip candidate?
No — 18480 Monica St does not appear in our flips dataset.
Is 18480 Monica St a tax-appeal candidate?
No — 18480 Monica St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-5.4%
Implied 1-yr
-21.4%
2026 Q3
$115.4K
2026 Q4
$105.9K
ZIP 48221 — Median Price History + Forecast

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