This home is a Real Estate Owned (REO)/Post Foreclosure. Once a lender has foreclosed on a property it is soon put up for public auction. If bids fall short of the asking price the bank will buy back the home and attempt to sell it on the open market. However, lenders are not real estate agents, meaning that they will often accept offers 30 to 60 percent less than market value!
Sold for $45,000
Street View
$45,000
408 Adams St, Monroe, MI 48161
4beds
2baths
1,417sqft
SingleFamily
Built in 1890
3,360 Square Feet Lot
$54,600 Zestimate®
$32/sqft
$1,693 Estimated rent
Home value
$54,600
$41,000 - $78,000
$1,693/mo
Zestimate® history
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$235/mo
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced air
Features
- Basement: Partially finished
Interior area
- Total interior livable area: 1,417 sqft
Property
Lot
- Size: 3,360 Square Feet
Details
- Parcel number: 551900338001
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Asphalt
Condition
- Year built: 1890
Community & HOA
Location
- Region: Monroe
Financial & listing details
- Price per square foot: $32/sqft
- Tax assessed value: $116,200
- Annual tax amount: $1,279
Price history
| Date | Event | Price |
|---|---|---|
| 9/30/2026 | Sold | $45,000+136.8%$32/sqft |
Source: Public Record Report a problem | ||
| 10/13/2009 | Sold | $19,000-56.3%$13/sqft |
Source: | ||
| 1/20/2009 | Listing removed | $43,500$31/sqft |
Source: Keller Williams Realty #28138629 Report a problem | ||
| 9/22/2008 | Price change | $43,500-6.5%$31/sqft |
Source: NCI #28138629 Report a problem | ||
| 8/31/2008 | Listed for sale | $46,500-59.2%$33/sqft |
Source: NCI #28138629 Report a problem | ||
| 5/20/2005 | Sold | $114,000$80/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,279 +4.8% | $58,100 +2.9% |
| 2024 | $1,220 +4.3% | $56,440 +6.8% |
| 2023 | $1,170 +3.5% | $52,840 +15% |
| 2022 | $1,130 +7.3% | $45,960 +9.5% |
| 2021 | $1,052 +291.9% | $41,960 +8.5% |
| 2020 | $269 -72.3% | $38,660 +2.2% |
| 2019 | $969 -2% | $37,830 +16.1% |
| 2018 | $989 +6.7% | $32,590 |
| 2017 | $926 | $32,590 -2.5% |
| 2016 | $926 | $33,440 +43.9% |
| 2015 | $926 +4.2% | $23,240 |
| 2014 | $889 | $23,240 -3.7% |
| 2013 | -- | $24,140 -5.1% |
| 2012 | -- | $25,440 -10.7% |
| 2011 | -- | $28,500 -6.6% |
| 2010 | -- | $30,500 -28.1% |
| 2009 | -- | $42,430 -9% |
| 2008 | -- | $46,630 -7.1% |
| 2007 | -- | $50,170 +5.7% |
| 2006 | -- | $47,460 +3.2% |
| 2005 | -- | $46,000 +7.8% |
| 2003 | -- | $42,660 +3.6% |
| 2002 | -- | $41,180 +6% |
| 2001 | -- | $38,840 |
Find assessor info on the county website
Neighborhood: 48161
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Nearby schools
GreatSchools rating
- 4/10Custer Elementary SchoolGrades: PK-6Distance: 2.6 mi
- 6/10Monroe Middle SchoolGrades: 6-8Distance: 0.5 mi
- NAMonroe High SchoolGrades: 8-12Distance: 1.6 mi
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Estimated market value
$54,600
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
$54,600
- Michigan
- Monroe County
- Monroe
- 48161
- 408 Adams St