321 Lorain St
Monroe, MI 48162
4 bd 3 ba 1,938 sqft Built 1930 Lot 6,440 sqft single_family
Most recent sale
$250,000
Jun 9, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 9, 2022 | Sold | $250,000 | MLS #3288677 |
| Mar 2, 1987 | Sold | $55,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $85,860 | $2,073 |
| 2020 | — | — | $82,110 | $2,667 |
| 2019 | — | — | $77,260 | $2,527 |
| 2018 | — | — | $73,470 | $2,455 |
| 2017 | — | — | $73,880 | $2,405 |
| 2016 | — | — | $67,810 | $2,347 |
| 2015 | — | — | $67,430 | $2,297 |
| 2014 | — | — | $60,060 | $2,251 |
| 2013 | — | — | $57,950 | $2,215 |
| 2012 | — | — | $59,370 | $2,262 |
| 2011 | — | — | $61,140 | $2,303 |
Property facts
Year built
1930
Property type
single_family
Stories
—
Beds
4
Baths
3
Living area
1,938 sqft
Lot size
6,440 sqft
ZIP code
48162
City
Monroe
Street
Lorain St
Coordinates
41.92475, -83.39813
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,907
Gross rental yield
13.95%
Implied cap rate
9.07%
Trend-extrapolated value
—
Frequently asked questions
When did 321 Lorain St last sell?
321 Lorain St most recently sold on Jun 9, 2022 for $250,000.
What is the current tax assessment for 321 Lorain St?
The most recent total assessment for 321 Lorain St (year 2021) is $85,860 with $2,073 in property tax.
How does 321 Lorain St's assessment compare to its last sale price?
The current assessment is 65.7% below the last sale price of $250,000.
When was 321 Lorain St built?
321 Lorain St was built in 1930.
How does 321 Lorain St compare to others on Lorain St?
We track 8 other properties on Lorain St. Browse the list under "Other properties on Lorain St" to compare beds, baths, and sale history.
What are the property facts for 321 Lorain St?
321 Lorain St is a 4 bed, 3 bath, 1,938 sqft, 6,440 sqft lot single_family.
Is 321 Lorain St a flip candidate?
No — 321 Lorain St does not appear in our flips dataset.
Is 321 Lorain St a tax-appeal candidate?
No — 321 Lorain St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.1%
Implied 1-yr
+16.2%
2026 Q3
$344K
2026 Q4
$355K
ZIP 48162 — Median Price History + Forecast
Explore nearby
Geography
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