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5481 Raven Pkwy

Monroe, MI 48161

5 bd 3 ba 2,281 sqft Built 1973 Lot 14,810 sqft single_family
Most recent sale
$310,000
May 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 9, 2022 Sold $310,000 Public Record
Mar 30, 2022 Sold $310,000 MLS #50067328
Mar 7, 2022 Listed $299,900 MLS #50067328
Aug 21, 2019 Sold $269,900 Public Record
Jul 19, 2019 Sold $269,900 MLS #31383780
Jun 14, 2019 Listed $269,900 MLS #31383780
Jun 30, 2016 Sold $220,000 Public Record
Jun 25, 2016 Listing removed $224,900 SEBorderAOR
Jun 24, 2016 Sold $220,000 MLS #21137920
May 25, 2016 Price changed $224,900 MLS #3447053
Apr 25, 2016 Listed $224,900 MLS #21137920

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $114,200 $1,202
2020 $108,750 $3,163
2019 $97,350 $1,023
2018 $95,050 $2,360
2017 $89,750 $2,192
2016 $83,950 $2,028
2015 $82,700 $1,954
2014 $77,450 $1,932
2013 $75,850 $1,901
2012 $75,400 $1,897
2011 $75,250 $1,892

Property facts

Year built
1973
Property type
single_family
Stories
Beds
5
Baths
3
Living area
2,281 sqft
Lot size
14,810 sqft
ZIP code
48161
City
Monroe
Street
Raven Pkwy
Coordinates
41.88656, -83.41805

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,422
Gross rental yield
13.25%
Implied cap rate
8.61%
Trend-extrapolated value

Frequently asked questions

When did 5481 Raven Pkwy last sell?
5481 Raven Pkwy most recently sold on May 9, 2022 for $310,000.
What is the current tax assessment for 5481 Raven Pkwy?
The most recent total assessment for 5481 Raven Pkwy (year 2021) is $114,200 with $1,202 in property tax.
How does 5481 Raven Pkwy's assessment compare to its last sale price?
The current assessment is 63.2% below the last sale price of $310,000.
When was 5481 Raven Pkwy built?
5481 Raven Pkwy was built in 1973.
How does 5481 Raven Pkwy compare to others on Raven Pkwy?
We track 8 other properties on Raven Pkwy. Browse the list under "Other properties on Raven Pkwy" to compare beds, baths, and sale history.
What are the property facts for 5481 Raven Pkwy?
5481 Raven Pkwy is a 5 bed, 3 bath, 2,281 sqft, 14,810 sqft lot single_family.
Is 5481 Raven Pkwy a flip candidate?
No — 5481 Raven Pkwy does not appear in our flips dataset.
Is 5481 Raven Pkwy a tax-appeal candidate?
No — 5481 Raven Pkwy 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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