506 Scottwood Ave
Monroe, MI 48162
3 bd 1 ba 1,464 sqft Built 1925 Lot 4,792 sqft single_family
Most recent sale
$135,000
Oct 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 13, 2022 | Sold | $135,000 | Public Record |
| Oct 11, 2022 | Sold | $135,000 | MLS #50086600 |
| Aug 29, 2022 | Price changed | $144,900 | MLS #50086600 |
| Aug 13, 2022 | Listed | $149,900 | MLS #50086600 |
| May 17, 2010 | Listing removed | $130,500 | SEBorderAOR |
| Mar 30, 2000 | Sold | $130,500 | Public Record |
| Feb 12, 2000 | Listed | $130,500 | MLS #20410 |
| Apr 20, 1993 | Sold | $88,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $63,950 | $1,247 |
| 2020 | — | — | $64,760 | $2,310 |
| 2019 | — | — | $59,580 | $1,521 |
| 2018 | — | — | $51,990 | $1,478 |
| 2017 | — | — | $50,060 | $1,448 |
| 2016 | — | — | $44,900 | $1,413 |
| 2015 | — | — | $42,940 | $1,383 |
| 2014 | — | — | $38,090 | $1,337 |
| 2013 | — | — | $34,410 | $1,315 |
| 2012 | — | — | $36,470 | $1,390 |
| 2011 | — | — | $37,480 | $1,412 |
Property facts
Year built
1925
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,464 sqft
Lot size
4,792 sqft
ZIP code
48162
City
Monroe
Street
Scottwood Ave
Coordinates
41.92383, -83.38486
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
$810
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 506 Scottwood Ave last sell?
506 Scottwood Ave most recently sold on Oct 11, 2022 for $135,000.
What is the current tax assessment for 506 Scottwood Ave?
The most recent total assessment for 506 Scottwood Ave (year 2021) is $63,950 with $1,247 in property tax.
How does 506 Scottwood Ave's assessment compare to its last sale price?
The current assessment is 52.6% below the last sale price of $135,000.
When was 506 Scottwood Ave built?
506 Scottwood Ave was built in 1925.
How does 506 Scottwood Ave compare to others on Scottwood Ave?
We track 8 other properties on Scottwood Ave. Browse the list under "Other properties on Scottwood Ave" to compare beds, baths, and sale history.
What are the property facts for 506 Scottwood Ave?
506 Scottwood Ave is a 3 bed, 1 bath, 1,464 sqft, 4,792 sqft lot single_family.
Is 506 Scottwood Ave a flip candidate?
No — 506 Scottwood Ave does not appear in our flips dataset.
Is 506 Scottwood Ave a tax-appeal candidate?
No — 506 Scottwood Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.1%
Implied 1-yr
+16.2%
2026 Q3
$344K
2026 Q4
$355K
ZIP 48162 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Scottwood Ave