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118 Michigan Ave

Monroe, MI 48162

3 bd 1 ba 1,224 sqft Built 1951 Lot 4,792 sqft single_family
Most recent sale
$150,000
Aug 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 4, 2026 Sold $185,000 Public Record
Apr 22, 2026 Listed $174,900 Realcomp
Apr 20, 2026 Sold $185,000 Realcomp
Mar 4, 2026 Listed $174,900 Realcomp
Aug 18, 2022 Sold $150,000 MLS #50081468
Jul 6, 2022 Listed $139,000 MLS #50081468
Mar 26, 2018 Sold $112,000 Public Record
Mar 22, 2018 Listing removed $112,000 SEBorderAOR
Mar 21, 2018 Sold $112,000 MLS #21393871
Nov 25, 2017 Price changed $112,000 MLS #3451107
Nov 14, 2017 Price changed $119,900 MLS #3451107
Oct 11, 2017 Listed $112,000 MLS #21393871

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $54,590 $1,522
2020 $49,480 $1,958
2019 $46,450 $1,856
2018 $41,210 $991
2017 $31,110 $1,415
2016 $28,620 $1,388
2015 $26,790 $1,367
2014 $23,770 $1,341
2013 $24,540 $938
2012 $28,570 $1,089
2011 $32,600 $1,228

Property facts

Year built
1951
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,224 sqft
Lot size
4,792 sqft
ZIP code
48162
City
Monroe
Street
Michigan Ave
Coordinates
41.91561, -83.38558

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$900
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 118 Michigan Ave last sell?
118 Michigan Ave most recently sold on Aug 18, 2022 for $150,000.
What is the current tax assessment for 118 Michigan Ave?
The most recent total assessment for 118 Michigan Ave (year 2021) is $54,590 with $1,522 in property tax.
How does 118 Michigan Ave's assessment compare to its last sale price?
The current assessment is 63.6% below the last sale price of $150,000.
When was 118 Michigan Ave built?
118 Michigan Ave was built in 1951.
How does 118 Michigan Ave compare to others on Michigan Ave?
We track 8 other properties on Michigan Ave. Browse the list under "Other properties on Michigan Ave" to compare beds, baths, and sale history.
What are the property facts for 118 Michigan Ave?
118 Michigan Ave is a 3 bed, 1 bath, 1,224 sqft, 4,792 sqft lot single_family.
Is 118 Michigan Ave a flip candidate?
No — 118 Michigan Ave does not appear in our flips dataset.
Is 118 Michigan Ave a tax-appeal candidate?
No — 118 Michigan 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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