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Sold for $525,000
  • $525,000

    404 E Elm Ave, Monroe, MI 48162

    4beds
    3,727sqft
    Single Family Residence
    Built in 1903
    0.45 Acres Lot
    $528,600 Zestimate®
    $141/sqft
    $2,463 Estimated rent

    Home value

    $528,600

    $497,000 - $560,000

    $2,463/mo

    Zestimate® history
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    What's special

    WOW - Rare riverfront Colonial on the Raisin River in the heart of Monroe! This extraordinary 1903 home has been loved & meticulously updated by the same family for 20+ years - and it shows in every detail. 3,700+ sq ft, 4 bed, 2.5 bath with stunning flow & one-of-a-kind finishes: gorgeous hardwood & bamboo floors, doors repurposed from an 1800s Monroe bank in the owner's suite, custom-milled Toledo baseboards & radiant heat in the original section. The kitchen is a showstopper - granite counters, copper sink, Schuler Kraftmaid cabinetry in walnut glazed ebony, custom mission-studio pendant lighting & large island perfect for entertaining. Family room opens via 9-ft 3-panel slider to the backyard. Heat-N-Glo fireplace w/ fan kit for cozy Michigan evenings. Owner's suite is spa-level luxury: 73" copper double-slipper soaking tub, Strato tile shower, dual Kraftmaid vanities, oil-rubbed bronze Signature Hardware fixtures & large walk-in closets. The backyard is a private riverfront oasis: 70-ft saltwater pool w/ automatic cover & rebuilt heater, hot tub, fire pit & a charming riverfront cottage w/ brick fireplace completely redone in 2012. Seawall maintained 15+ yrs. Gardens burst with Amsterdam Lillies & 60+ bird species incl. eagles, orioles & ospreys. New sewer 2012, 2 on-demand water heaters w/ boiler, HVAC serviced yearly, rebuilt chimney top. Furniture on elevated decks conveys. Large sheds remain. Downtown Monroe steps away - this is a lifestyle that took 20 years to build!

    Zillow last checked:

    Listing updated:

    Listed by:

    Danielle Koth 757-510-4223,

    Berkshire Hathaway Home Service Kee Realty,

    Kristin Davis 734-735-0325,

    Berkshire Hathaway Home Service Kee Realty

    Bought with:

    Tyler Rayoum, 6501451447

    Key Realty One LLC - Summerfield

    Source: MiRealSource,MLS#: 50207892MLS LogoOriginating MLS: Southeastern Border Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Exercise Room
    Bedroom 1
    • Features: Wood
    • Level: Upper
    • Area: 208
    • Dimensions: 16 x 13
    Bedroom 2
    • Features: Wood
    • Level: Upper
    • Area: 154
    • Dimensions: 11 x 14
    Bedroom 3
    • Features: Wood
    • Level: Upper
    • Area: 150
    • Dimensions: 15 x 10
    Bedroom 4
    • Features: Wood
    • Level: Upper
    • Area: 99
    • Dimensions: 9 x 11
    Bathroom 1
    • Features: Tile
    • Level: Upper
    Bathroom 2
    • Features: Wood
    • Level: Upper
    Family room
    • Features: Tile
    • Level: Lower
    • Area: 216
    • Dimensions: 18 x 12
    Kitchen
    • Features: Wood
    • Level: Entry
    • Area: 368
    • Dimensions: 23 x 16
    Living room
    • Features: Wood
    • Level: Entry
    • Area: 252
    • Dimensions: 18 x 14
    Office
    • Level: Upper
    • Area: 136
    • Dimensions: 17 x 8
    Heating
    • Boiler, Forced Air, Natural Gas
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, Gas Water Heater, Tankless Water Heater
    • Laundry: Upper Level
    Features
    • High Ceilings, Walk-In Closet(s), Eat-in Kitchen
    • Flooring: Hardwood, Wood
    • Basement: Unfinished
    • Number of fireplaces: 1
    • Fireplace features: Living Room
    Interior area
    • Total structure area: 4,597
    • Total interior livable area: 3,727 sqft
    • Finished area above ground: 3,727
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage, Attached, Electric in Garage, Garage Door Opener
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Patio, Porch
    • Exterior features: Balcony, Lawn Sprinkler, Garden
    • Has private pool: Yes
    • Pool features: In Ground, Outdoor Pool
    • Has spa: Yes
    • Spa features: Spa/Hot Tub
    • Fencing: Fenced
    • Has view: Yes
    • View description: River
    • Has water view: Yes
    • Water view: River
    • Waterfront features: River Front
    • Frontage type: Road
    • Frontage length: 95
    Lot
    • Size: 0.45 Acres
    • Dimensions: 96 x 200
    • Features: Deep Lot - 150+ Ft., Sidewalks
    Details
    • Additional structures: Cabana
    • Parcel number: 555901854000
    • Special conditions: Private

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Craftsman
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Foundation: Basement
    Condition
    • Year built: 1903

    Utilities & green energy

    • Sewer: Public Sanitary
    • Water: Public

    Community & HOA

    Community
    • Subdivision: None
    HOA
    • Has HOA: No
    Location
    • Region: Monroe

    Financial & listing details

    • Price per square foot: $141/sqft
    • Tax assessed value: $382,200
    • Annual tax amount: $6,095
    • Date on market: 5/16/2026
    • Cumulative days on market: 34 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    7/7/2026Sold$525,000-5.4%$141/sqft
    Source: MiRealSource #50207892 Report a problem
    6/19/2026Pending sale$555,000$149/sqft
    Source: MiRealSource #50207892 Report a problem
    6/1/2026Contingent$555,000$149/sqft
    Source: MiRealSource #50207892 Report a problem
    5/20/2026Listed for sale$555,000-5.9%$149/sqft
    Source: MiRealSource #50207892 Report a problem
    9/13/2025Listing removed$589,999$158/sqft
    Source: Realcomp II #20251024988 Report a problem
    8/8/2025Listed for sale$589,999+210.5%$158/sqft
    Source: Realcomp II #20251024988 Report a problem
    6/28/2002Sold$190,000$51/sqft
    Source: MiRealSource #671570 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,734 +4.8%$191,100 +3.2%
    2024$5,470 +4.3%$185,150 +11.2%
    2023$5,243 +3.5%$166,510 +14.7%
    2022$5,064 +7.4%$145,200 +5.3%
    2021$4,716 +291.9%$137,870 -4%
    2020$1,204 -72.3%$143,620 +8%
    2019$4,343 -2%$132,970 +10.1%
    2018$4,430 +7.8%$120,720
    2017$4,110 $120,720 +6%
    2016$4,110 $113,920 +18.6%
    2015$4,110 +11.9%$96,070
    2014$3,674 $96,070 +18.7%
    2013-- $80,910 +16%
    2012-- $69,720 -11.3%
    2011-- $78,600 -11.3%
    2010-- $88,660 -9.8%
    2009-- $98,320 -7.5%
    2008-- $106,260 -4.2%
    2007-- $110,880 +5.8%
    2006-- $104,820 +2.5%
    2005-- $102,280 +2%
    2003-- $100,270 +6.7%
    2002-- $93,950 +4%
    2001-- $90,340
    Find assessor info on the county website

    Neighborhood: 48162

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Monroe Public Schools

    Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $528,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $528,600