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Sold for $55,000
  • Zestimate®
    $55,000

    512 W 5th St, Monroe, MI 48161

    2beds
    1,350sqft
    Single Family Residence
    Built in 1873
    4,791 Square Feet Lot
    $55,000 Zestimate®
    $41/sqft
    $1,324 Estimated rent

    Home value

    $55,000

    $52,000 - $58,000

    $1,324/mo

    Zestimate® history
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    What's special

    INVESTOR SPECIAL | 2-BEDROOM | CASH ONLY Unlock the potential at 512 w 5th, Monroe! This 2-bedroom, 1-bath is located in a desirable neighborhood and offers an incredible opportunity for investors, renovators, flippers, or buyers looking to create a home tailored to their vision. The property is currently in distressed condition and requires work, but the possibilities are great. The home features a open-style layout, two bedrooms, one full bathroom, a huge yard ( Fenced ) + Shed in back. —a major bonus for both homeowners and investors. Whether you’re looking for your next renovation project, an investment property, or a home with the potential to build substantial equity, this property is ready for someone with vision to bring it back to life. With the right updates and improvements. Cash sale only. Property is being sold strictly AS-IS. Buyer to perform their own due diligence and verify all information, measurements, and property conditions. Seller will make no repairs. Bring your vision, and bring your offer—this is an opportunity you don’t want to miss!

    Zillow last checked:

    Listing updated:

    Listed by:

    Christopher Kassab 248-880-9659,

    EXP Realty Main

    Bought with:

    Margo Barron, 6502433695

    Barron Realty, LLC

    Source: Realcomp II,MLS#: 20261072776MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Level: Second
    • Area: 180
    • Dimensions: 15 X 12
    Bedroom
    • Level: Second
    • Area: 120
    • Dimensions: 10 X 12
    Primary bathroom
    • Level: Entry
    • Area: 40
    • Dimensions: 8 X 5
    Heating
    • Forced Air, Natural Gas
    Appliances
    • Included: Free Standing Gas Range, Free Standing Refrigerator
    Features
    • Has basement: Yes
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,350 sqft
    • Finished area above ground: 1,350

    Property

    Parking
    • Parking features: No Garage
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: GroundLevelwSteps
    • Pool features: None
    Lot
    • Size: 4,791 Square Feet
    • Dimensions: 68.85 x 72.65
    Details
    • Parcel number: 58551900457000
    • Special conditions: Agent Owned,Short Sale No

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Single Family Residence
    Materials
    • Aluminum Siding
    • Foundation: Michigan Basement
    Condition
    • New construction: No
    • Year built: 1873

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: LAWRENCE
    HOA
    • Has HOA: No
    Location
    • Region: Monroe

    Financial & listing details

    • Price per square foot: $41/sqft
    • Tax assessed value: $28,916
    • Annual tax amount: $1,243
    • Date on market: 9/9/2026
    • Cumulative days on market: 15 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash

    Price history

    DateEventPrice
    10/27/2026Sold$55,000-21.3%$41/sqft
    Source: Realcomp II #20261072776 Report a problem
    10/22/2026Pending sale$69,900$52/sqft
    Source: Realcomp II #20261072776 Report a problem
    9/9/2026Listed for sale$69,900+599%$52/sqft
    Source: Realcomp II #20261072776 Report a problem
    8/31/2026Sold$10,000-75%$7/sqft
    Source: Public Record Report a problem
    11/22/2024Sold$40,000$30/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,189 +4.8%$53,700 +3.5%
    2024$1,135 +4.3%$51,900 +7.1%
    2023$1,088 +3.5%$48,480 +14.9%
    2022$1,051 +7.4%$42,210 +9.6%
    2021$979 +291.9%$38,520 +10.3%
    2020$250 -72.3%$34,930 +2.1%
    2019$901 -2%$34,210 +14%
    2018$919 +6.7%$30,020
    2017$862 $30,020 -2.5%
    2016$862 $30,790 +42.3%
    2015$862 +4.2%$21,630
    2014$827 $21,630 -4.2%
    2013-- $22,570 -5%
    2012-- $23,750 -11.5%
    2011-- $26,840 -6.3%
    2010-- $28,630 -27.8%
    2009-- $39,660 -9.1%
    2008-- $43,630 -6.8%
    2007-- $46,810 +5.6%
    2006-- $44,310 +3.3%
    2005-- $42,890 +7.9%
    2003-- $39,760 +3.5%
    2002-- $38,400 +5.9%
    2001-- $36,250
    Find assessor info on the county website

    Neighborhood: 48161

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $55,000

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

    $55,000