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1223 Arbor Ave

Monroe, MI 48162

3 bd 1 ba 962 sqft Built 1956 Lot 5,227 sqft single_family
Most recent sale
$130,000
Jul 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 26, 2022 Sold $130,000 MLS #50077434
Jun 8, 2022 Listed $119,900 MLS #50077434
Jul 12, 2000 Sold $111,000 Public Record
Apr 12, 2000 Sold $86,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $54,630 $1,145
2020 $45,590 $2,175
2019 $42,360 $2,088
2018 $45,020 $2,035
2017 $45,260 $2,220
2016 $41,170 $2,032
2015 $38,020 $1,932
2014 $36,880 $1,886
2013 $31,910 $1,800
2012 $33,340 $1,876
2011 $40,440 $2,259

Property facts

Year built
1956
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
962 sqft
Lot size
5,227 sqft
ZIP code
48162
City
Monroe
Street
Arbor Ave
Coordinates
41.93014, -83.38086

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
$1,443
Gross rental yield
13.32%
Implied cap rate
8.66%
Trend-extrapolated value

Frequently asked questions

When did 1223 Arbor Ave last sell?
1223 Arbor Ave most recently sold on Jul 26, 2022 for $130,000.
What is the current tax assessment for 1223 Arbor Ave?
The most recent total assessment for 1223 Arbor Ave (year 2021) is $54,630 with $1,145 in property tax.
How does 1223 Arbor Ave's assessment compare to its last sale price?
The current assessment is 58.0% below the last sale price of $130,000.
When was 1223 Arbor Ave built?
1223 Arbor Ave was built in 1956.
How does 1223 Arbor Ave compare to others on Arbor Ave?
We track 8 other properties on Arbor Ave. Browse the list under "Other properties on Arbor Ave" to compare beds, baths, and sale history.
What are the property facts for 1223 Arbor Ave?
1223 Arbor Ave is a 3 bed, 1 bath, 962 sqft, 5,227 sqft lot single_family.
Is 1223 Arbor Ave a flip candidate?
No — 1223 Arbor Ave does not appear in our flips dataset.
Is 1223 Arbor Ave a tax-appeal candidate?
No — 1223 Arbor Ave 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
+4.1%
Implied 1-yr
+16.2%
2026 Q3
$344K
2026 Q4
$355K
ZIP 48162 — Median Price History + Forecast

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