703 Monroe St
Monroe, MI 48161
4 bd 2 ba 1,594 sqft Built 1893 Lot 7,405 sqft single_family
Most recent sale
$160,000
Apr 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 8, 2022 | Sold | $160,000 | MLS #50068057 |
| Mar 16, 2022 | Listed | $149,900 | MLS #50068057 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $52,410 | $1,625 |
| 2020 | — | — | $51,230 | $2,424 |
| 2019 | — | — | $49,960 | $2,322 |
| 2018 | — | — | $47,720 | $2,260 |
| 2017 | — | — | $44,830 | $2,214 |
| 2016 | — | — | $43,090 | $2,171 |
| 2015 | — | — | $40,800 | $2,266 |
| 2014 | — | — | $37,180 | $2,098 |
| 2013 | — | — | $35,880 | $2,024 |
| 2012 | — | — | $39,000 | $2,195 |
| 2011 | — | — | $40,200 | $2,256 |
Property facts
Year built
1893
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,594 sqft
Lot size
7,405 sqft
ZIP code
48161
City
Monroe
Street
Monroe St
Coordinates
41.91025, -83.40237
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
$960
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 703 Monroe St last sell?
703 Monroe St most recently sold on Apr 8, 2022 for $160,000.
What is the current tax assessment for 703 Monroe St?
The most recent total assessment for 703 Monroe St (year 2021) is $52,410 with $1,625 in property tax.
How does 703 Monroe St's assessment compare to its last sale price?
The current assessment is 67.2% below the last sale price of $160,000.
When was 703 Monroe St built?
703 Monroe St was built in 1893.
How does 703 Monroe St compare to others on Monroe St?
We track 8 other properties on Monroe St. Browse the list under "Other properties on Monroe St" to compare beds, baths, and sale history.
What are the property facts for 703 Monroe St?
703 Monroe St is a 4 bed, 2 bath, 1,594 sqft, 7,405 sqft lot single_family.
Is 703 Monroe St a flip candidate?
No — 703 Monroe St does not appear in our flips dataset.
Is 703 Monroe St a tax-appeal candidate?
No — 703 Monroe 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
+1.2%
Implied 1-yr
+4.8%
2026 Q3
$214.5K
2026 Q4
$216.8K
ZIP 48161 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Monroe St