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5 Island St

Monroe, MI 48161

3 bd 2 ba 1,617 sqft Built 1911 Lot 3,920 sqft single_family
Most recent sale
$144,000
Jan 28, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 28, 2022 Sold $168,000 Public Record
Nov 17, 2022 Sold $168,000 SEBorderAOR
Oct 19, 2022 Price changed $157,900 MLS #50089889
Oct 3, 2022 Price changed $159,900 MLS #50089889
Sep 17, 2022 Price changed $172,000 MLS #50089889
Sep 13, 2022 Listed $174,900 MLS #50089889
Jan 28, 2021 Sold $144,000 MLS #50030511
Dec 10, 2020 Listed $139,900 MLS #50030511
Oct 27, 2005 Sold $122,500 Public Record
Nov 2, 1987 Sold $50,500 Public Record
Feb 18, 1987 Sold $55,862 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $52,700 $1,087
2020 $48,250 $1,399
2019 $47,150 $1,326
2018 $44,790 $1,288
2017 $43,510 $1,262
2016 $44,660 $1,232
2015 $36,490 $1,206
2014 $30,900 $1,182
2013 $32,020 $1,224
2012 $33,780 $1,287
2011 $37,390 $1,408

Property facts

Year built
1911
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,617 sqft
Lot size
3,920 sqft
ZIP code
48161
City
Monroe
Street
Island St
Coordinates
41.91883, -83.40573

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
$864
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 5 Island St last sell?
5 Island St most recently sold on Jan 28, 2021 for $144,000.
What is the current tax assessment for 5 Island St?
The most recent total assessment for 5 Island St (year 2021) is $52,700 with $1,087 in property tax.
How does 5 Island St's assessment compare to its last sale price?
The current assessment is 63.4% below the last sale price of $144,000.
When was 5 Island St built?
5 Island St was built in 1911.
How does 5 Island St compare to others on Island St?
We track 1 other property on Island St. Browse the list under "Other properties on Island St" to compare beds, baths, and sale history.
What are the property facts for 5 Island St?
5 Island St is a 3 bed, 2 bath, 1,617 sqft, 3,920 sqft lot single_family.
Is 5 Island St a flip candidate?
No — 5 Island St does not appear in our flips dataset.
Is 5 Island St a tax-appeal candidate?
No — 5 Island 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

Explore nearby

Other properties on Island St