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309 Richards Dr

Monroe, MI 48162

3 bd 2 ba 1,100 sqft Built 1957 Lot 6,970 sqft single_family
Most recent sale
$211,000
Jul 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 28, 2022 Sold $211,000 MLS #50075427
May 24, 2022 Listed $195,000 MLS #50075427

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $69,490 $1,684
2020 $67,710 $2,167
2019 $65,260 $2,054
2018 $56,660 $1,996
2017 $54,330 $1,954
2016 $48,980 $1,907
2015 $48,000 $1,843
2014 $50,610 $1,874
2013 $48,230 $1,844
2012 $47,980 $1,828
2011 $48,380 $1,822

Property facts

Year built
1957
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,100 sqft
Lot size
6,970 sqft
ZIP code
48162
City
Monroe
Street
Richards Dr
Coordinates
41.92801, -83.41870

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,650
Gross rental yield
9.38%
Implied cap rate
6.10%
Trend-extrapolated value

Frequently asked questions

When did 309 Richards Dr last sell?
309 Richards Dr most recently sold on Jul 28, 2022 for $211,000.
What is the current tax assessment for 309 Richards Dr?
The most recent total assessment for 309 Richards Dr (year 2021) is $69,490 with $1,684 in property tax.
How does 309 Richards Dr's assessment compare to its last sale price?
The current assessment is 67.1% below the last sale price of $211,000.
When was 309 Richards Dr built?
309 Richards Dr was built in 1957.
How does 309 Richards Dr compare to others on Richards Dr?
We track 8 other properties on Richards Dr. Browse the list under "Other properties on Richards Dr" to compare beds, baths, and sale history.
What are the property facts for 309 Richards Dr?
309 Richards Dr is a 3 bed, 2 bath, 1,100 sqft, 6,970 sqft lot single_family.
Is 309 Richards Dr a flip candidate?
No — 309 Richards Dr does not appear in our flips dataset.
Is 309 Richards Dr a tax-appeal candidate?
No — 309 Richards Dr 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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