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516 4th St

Monroe, MI 48161

4 bd 2 ba 2,107 sqft Built 1916 Lot 7,405 sqft single_family
Most recent sale
$176,000
Apr 16, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 15, 2022 Sold $177,000 SEBorderAOR
Oct 16, 2022 Listed $174,900 MLS #50093362
Apr 16, 2021 Sold $176,000 MLS #50037405

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $71,630 $1,341
2020 $66,580 $1,725
2019 $62,400 $1,635
2018 $58,690 $1,589
2017 $57,870 $1,557
2016 $52,890 $1,519
2015 $40,680 $1,487
2014 $38,120 $1,458
2013 $37,650 $1,439
2012 $41,870 $1,595
2011 $46,660 $1,758

Property facts

Year built
1916
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,107 sqft
Lot size
7,405 sqft
ZIP code
48161
City
Monroe
Street
4th St
Coordinates
41.90988, -83.39427

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,056
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 516 4th St last sell?
516 4th St most recently sold on Apr 16, 2021 for $176,000.
What is the current tax assessment for 516 4th St?
The most recent total assessment for 516 4th St (year 2021) is $71,630 with $1,341 in property tax.
How does 516 4th St's assessment compare to its last sale price?
The current assessment is 59.3% below the last sale price of $176,000.
When was 516 4th St built?
516 4th St was built in 1916.
How does 516 4th St compare to others on 4th St?
We track 8 other properties on 4th St. Browse the list under "Other properties on 4th St" to compare beds, baths, and sale history.
What are the property facts for 516 4th St?
516 4th St is a 4 bed, 2 bath, 2,107 sqft, 7,405 sqft lot single_family.
Is 516 4th St a flip candidate?
No — 516 4th St does not appear in our flips dataset.
Is 516 4th St a tax-appeal candidate?
No — 516 4th 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
+1.2%
Implied 1-yr
+4.6%
2026 Q3
$208.8K
2026 Q4
$211.1K
ZIP 48161 — Median Price History + Forecast

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