Welcome home to this beautifully updated bungalow in the heart of Monroe! Offering approximately 1,500 square feet of move-in-ready living space, this 3-bedroom, 1-bath home blends timeless character with modern updates throughout. Step inside and immediately appreciate the stunning hardwood floors, cozy fireplace, and abundance of natural light pouring through newer Pella windows installed in 2021. The completely renovated kitchen is a showstopper featuring quartz countertops, stainless steel appliances, gas stove, and all appliances included — making this home truly turnkey from day one. Major mechanical updates provide peace of mind including a newer furnace and central air system (approximately 3 years old), newer water heater, and a roof estimated at approximately 10 years old. Heated bathroom floors. Outside, enjoy the oversized yard perfect for entertaining, pets, gardening, or simply relaxing outdoors. A detached 1+ car garage and welcoming front porch complete the package. Conveniently located near downtown Monroe, shopping, restaurants, parks, and schools. Enjoy quick access to favorites like Public House Food + Drink, Princess Grill of Monroe, Meijer, and Hi-Lite Fresh Market. Outdoor lovers will appreciate nearby Munson Park and scenic Veteran's Park, while Waterloo Park
offers trails, playgrounds, fishing access, and riverfront recreation just minutes away.
This one checks all the boxes — character, updates, location, and value. Just unpack and enjoy!
Pending
$239,900
718 Waterloo Ave, Monroe, MI 48161
3beds
1,506sqft
Single Family Residence
Built in 1951
9,147 Square Feet Lot
$238,100 Zestimate®
$159/sqft
$-- HOA
What's special
Cozy fireplaceStunning hardwood floorsWelcoming front porchNewer water heaterQuartz countertopsGas stoveCompletely renovated kitchen
- 35 days |
- 864 |
- 65 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Matthew Berney 248-632-2134,
Quest Realty LLC 248-662-5550
Source: Realcomp II,MLS#: 20261035258
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: Entry
- Area: 144
- Dimensions: 12 X 12
Bedroom
- Level: Entry
- Area: 132
- Dimensions: 12 X 11
Bedroom
- Level: Second
- Area: 480
- Dimensions: 24 X 20
Other
- Level: Entry
- Area: 80
- Dimensions: 10 X 8
Dining room
- Level: Entry
- Area: 100
- Dimensions: 10 X 10
Kitchen
- Level: Entry
- Area: 96
- Dimensions: 12 X 8
Living room
- Level: Entry
- Area: 312
- Dimensions: 24 X 13
Heating
- Forced Air, Natural Gas
Cooling
- Ceiling Fans, Central Air
Appliances
- Included: Dishwasher, Free Standing Gas Range, Free Standing Refrigerator, Range Hood, Stainless Steel Appliances
Features
- Windows: Energy Star Qualified Windows
- Basement: Unfinished
- Has fireplace: Yes
- Fireplace features: Living Room, Wood Burning
Interior area
- Total interior livable area: 1,506 sqft
- Finished area above ground: 1,506
Property
Parking
- Total spaces: 1.5
- Parking features: Oneand Half Car Garage, Assigned 1 Space, Detached, Garage Door Opener, Workshop In Garage
- Garage spaces: 1.5
Features
- Levels: Two
- Stories: 2
- Entry location: GroundLevel
- Patio & porch: Covered, Patio, Porch
- Pool features: None
- Fencing: Back Yard
Lot
- Size: 9,147 Square Feet
- Dimensions: 75 x 120
Details
- Parcel number: 58551900691000
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Basement, Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1951
- Major remodel year: 2021
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: SOUTH CUSTER HEIGHTS
HOA
- Has HOA: No
Location
- Region: Monroe
Financial & listing details
- Price per square foot: $159/sqft
- Tax assessed value: $56,340
- Annual tax amount: $2,480
- Date on market: 5/15/2026
- Cumulative days on market: 35 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,Va Loan
Estimated market value
$238,100
$226,000 - $250,000
$1,666/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2026 | Pending sale | $239,900$159/sqft |
Source:  Realcomp II #20261035258 Report a problem | ||
| 5/15/2026 | Listed for sale | $239,900+146.1%$159/sqft |
Source: Realcomp II #20261035258 Report a problem | ||
| 3/27/1996 | Sold | $97,500$65/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,380 +4.8% | $95,800 +5.7% |
| 2024 | $2,271 -25.2% | $90,640 +8.7% |
| 2023 | $3,035 +45.8% | $83,380 +26.3% |
| 2022 | $2,081 +7.8% | $66,000 +4.7% |
| 2021 | $1,931 +291.9% | $63,050 +1.5% |
| 2020 | $493 -72.3% | $62,120 +2.3% |
| 2019 | $1,778 -2% | $60,700 +12.4% |
| 2018 | $1,813 +6.8% | $54,010 |
| 2017 | $1,699 | $54,010 +4.2% |
| 2016 | $1,699 | $51,830 +13.8% |
| 2015 | $1,699 +4.2% | $45,530 |
| 2014 | $1,630 | $45,530 +4% |
| 2013 | -- | $43,790 -9.1% |
| 2012 | -- | $48,170 -4.2% |
| 2011 | -- | $50,300 -12.7% |
| 2010 | -- | $57,610 -12.1% |
| 2009 | -- | $65,530 -15.2% |
| 2008 | -- | $77,250 -1.6% |
| 2007 | -- | $78,480 +6.4% |
| 2006 | -- | $73,780 +2.8% |
| 2005 | -- | $71,750 +1.9% |
| 2003 | -- | $70,420 +6.7% |
| 2002 | -- | $65,990 +4.6% |
| 2001 | -- | $63,110 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 48161
Nearby schools
GreatSchools rating
- NAWaterloo SchoolGrades: PK-6Distance: 0.3 mi
- NAMonroe High SchoolGrades: 8-12Distance: 0.8 mi
- 6/10Monroe Middle SchoolGrades: 6-8Distance: 1.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Michigan
- Monroe County
- Monroe
- 48161
- 718 Waterloo Ave
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