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605 5th St

Monroe, MI 48161

2 bd 1 ba 982 sqft Built 1853 Lot 6,970 sqft single_family
Most recent sale
$59,000
Oct 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 10, 2022 Sold $59,000 Public Record
Sep 29, 2022 Sold $59,000 Realcomp
Jul 25, 2022 Price changed $69,900 MLS #20221009501
Jul 1, 2022 Price changed $75,000 MLS #20221009501
Jun 23, 2022 Listed $79,900 MLS #20221009501
Jan 24, 2013 Listing removed $16,200 SEBorderAOR
Jan 14, 2013 Price changed $16,200 MLS #3437392
Dec 13, 2012 Price changed $18,000 MLS #3437392
Dec 12, 2012 Relisted $20,000 MLS #3437392
Dec 5, 2012 Listing removed $20,000 SEBorderAOR
Oct 23, 2012 Listed $20,000 MLS #3437392
May 3, 2010 Listing removed $89,900 SEBorderAOR
Jul 11, 2007 Sold $53,000 Public Record
May 7, 2007 Listed $53,000 MLS #3417832
Nov 8, 2004 Listed $89,900 MLS #3404702
Aug 11, 2003 Listed $89,900 MLS #3302926

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $30,130 $694
2020 $27,520 $894
2019 $25,110 $847
2018 $24,870 $823
2017 $23,280 $806
2016 $20,110 $787
2015 $16,900 $649
2014 $16,890 $953
2013 $18,260 $1,030
2012 $19,090 $1,074
2011 $21,050 $793

Property facts

Year built
1853
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
982 sqft
Lot size
6,970 sqft
ZIP code
48161
City
Monroe
Street
5th St
Coordinates
41.91524, -83.40801

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
$354
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 605 5th St last sell?
605 5th St most recently sold on Oct 10, 2022 for $59,000.
What is the current tax assessment for 605 5th St?
The most recent total assessment for 605 5th St (year 2021) is $30,130 with $694 in property tax.
How does 605 5th St's assessment compare to its last sale price?
The current assessment is 48.9% below the last sale price of $59,000.
When was 605 5th St built?
605 5th St was built in 1853.
How does 605 5th St compare to others on 5th St?
We track 8 other properties on 5th St. Browse the list under "Other properties on 5th St" to compare beds, baths, and sale history.
What are the property facts for 605 5th St?
605 5th St is a 2 bed, 1 bath, 982 sqft, 6,970 sqft lot single_family.
Is 605 5th St a flip candidate?
No — 605 5th St does not appear in our flips dataset.
Is 605 5th St a tax-appeal candidate?
No — 605 5th 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
+4.8%
2026 Q3
$214.5K
2026 Q4
$216.8K
ZIP 48161 — Median Price History + Forecast

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