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727 Michigan Ave

Monroe, MI 48162

3 bd 2 ba 1,248 sqft Built 1920 Lot 4,356 sqft single_family
Most recent sale
$128,040
Mar 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 13, 2022 Listing removed $85,000 SEBorderAOR
Mar 3, 2022 Sold $128,040 MLS #50057469
Nov 17, 2021 Price changed $134,900 MLS #50057469
Nov 4, 2021 Price changed $145,900 MLS #50057469
Oct 19, 2021 Price changed $152,500 MLS #50057469
Oct 9, 2021 Listed $155,000 MLS #50057469

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $46,510 $874
2020 $42,520 $1,673
2019 $41,570 $1,607
2018 $39,240 $1,567
2017 $34,980 $1,538
2016 $32,410 $1,511
2015 $29,900 $1,490
2014 $24,860 $1,459
2013 $30,570 $2,032
2012 $34,190 $1,924
2011 $37,970 $2,121

Property facts

Year built
1920
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,248 sqft
Lot size
4,356 sqft
ZIP code
48162
City
Monroe
Street
Michigan Ave
Coordinates
41.92399, -83.38160

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$768
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 727 Michigan Ave last sell?
727 Michigan Ave most recently sold on Mar 3, 2022 for $128,040.
What is the current tax assessment for 727 Michigan Ave?
The most recent total assessment for 727 Michigan Ave (year 2021) is $46,510 with $874 in property tax.
How does 727 Michigan Ave's assessment compare to its last sale price?
The current assessment is 63.7% below the last sale price of $128,040.
When was 727 Michigan Ave built?
727 Michigan Ave was built in 1920.
How does 727 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 727 Michigan Ave?
727 Michigan Ave is a 3 bed, 2 bath, 1,248 sqft, 4,356 sqft lot single_family.
Is 727 Michigan Ave a flip candidate?
No — 727 Michigan Ave does not appear in our flips dataset.
Is 727 Michigan Ave a tax-appeal candidate?
No — 727 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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