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5840 Dunbar Rd

Monroe, MI 48161

4 bd 4 ba 1,790 sqft Built 1998 condos
Most recent sale
$260,000
May 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 11, 2022 Sold $260,000 MLS #50068470
Apr 3, 2022 Price changed $279,900 MLS #50068470
Mar 21, 2022 Listed $289,900 MLS #50068470
Nov 5, 2019 Sold $239,900 MLS #31395454
Oct 8, 2013 Sold $166,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $145,900 $1,561
2024 $145,900 $4,023
2023 $139,950 $4,069
2022 $114,650 $3,321
2021 $111,550 $3,193
2019 $105,050 $965
2018 $102,100 $3,767
2017 $99,500 $3,684
2016 $91,950 $3,654
2015 $83,700 $3,571
2014 $85,850 $3,673
2013 $85,400 $3,646
2012 $83,300 $3,564
2011 $83,250 $3,569

Property facts

Year built
1998
Property type
condos
Stories
2
Beds
4
Baths
4
Living area
1,790 sqft
Lot size
ZIP code
48161
City
Monroe
Street
Dunbar Rd
Coordinates
41.90283, -83.41439

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
$2,685
Gross rental yield
12.39%
Implied cap rate
8.06%
Trend-extrapolated value

Frequently asked questions

When did 5840 Dunbar Rd last sell?
5840 Dunbar Rd most recently sold on May 11, 2022 for $260,000.
What is the current tax assessment for 5840 Dunbar Rd?
The most recent total assessment for 5840 Dunbar Rd (year 2025) is $145,900 with $1,561 in property tax.
How does 5840 Dunbar Rd's assessment compare to its last sale price?
The current assessment is 43.9% below the last sale price of $260,000.
When was 5840 Dunbar Rd built?
5840 Dunbar Rd was built in 1998.
How does 5840 Dunbar Rd compare to others on Dunbar Rd?
We track 8 other properties on Dunbar Rd. Browse the list under "Other properties on Dunbar Rd" to compare beds, baths, and sale history.
What are the property facts for 5840 Dunbar Rd?
5840 Dunbar Rd is a 4 bed, 4 bath, 1,790 sqft condos.
Is 5840 Dunbar Rd a flip candidate?
No — 5840 Dunbar Rd does not appear in our flips dataset.
Is 5840 Dunbar Rd a tax-appeal candidate?
No — 5840 Dunbar Rd 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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