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5881 Parkside St

Monroe, MI 48161

3 bd 2 ba 1,386 sqft Built 1956 Lot 20,909 sqft single_family
Most recent sale
$218,000
Feb 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 7, 2022 Sold $218,000 MLS #50057353

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $93,550 $791
2020 $90,450 $2,091
2019 $86,250 $765
2018 $84,000 $1,768
2017 $86,550 $1,732
2016 $76,500 $1,718
2015 $70,450 $1,661
2014 $66,350 $1,643
2013 $64,250 $1,616
2012 $71,100 $1,791
2011 $71,550 $1,812

Property facts

Year built
1956
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,386 sqft
Lot size
20,909 sqft
ZIP code
48161
City
Monroe
Street
Parkside St
Coordinates
41.90568, -83.41133

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,079
Gross rental yield
11.44%
Implied cap rate
7.44%
Trend-extrapolated value

Frequently asked questions

When did 5881 Parkside St last sell?
5881 Parkside St most recently sold on Feb 7, 2022 for $218,000.
What is the current tax assessment for 5881 Parkside St?
The most recent total assessment for 5881 Parkside St (year 2021) is $93,550 with $791 in property tax.
How does 5881 Parkside St's assessment compare to its last sale price?
The current assessment is 57.1% below the last sale price of $218,000.
When was 5881 Parkside St built?
5881 Parkside St was built in 1956.
How does 5881 Parkside St compare to others on Parkside St?
We track 8 other properties on Parkside St. Browse the list under "Other properties on Parkside St" to compare beds, baths, and sale history.
What are the property facts for 5881 Parkside St?
5881 Parkside St is a 3 bed, 2 bath, 1,386 sqft, 20,909 sqft lot single_family.
Is 5881 Parkside St a flip candidate?
No — 5881 Parkside St does not appear in our flips dataset.
Is 5881 Parkside St a tax-appeal candidate?
No — 5881 Parkside 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

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