2945 5th Street
Monroe, MI 48162
Single Family Residence · MLS # 20261090254 · Listing courtesy of 3Sixty5 Realty
About this home
MOVE RIGHT IN! IMMEDIATE OCCUPANCY! Looking for a home that's ready for its next chapter? Welcome to this charming 3-bedroom home located in the established Detroit Beach community of Monroe! Situated on an oversized corner lot, this home offers 3 bedrooms, 1 full bath, and a convenient 2-car attached garage. You'll appreciate the comfortable layout, great location, and numerous updates that make this home an appealing opportunity for its next owner. Major improvements include: • Furnace and central air updated in 2017 • Roof replaced in 2018 • Wall-side windows with a 35-year warranty • Garage door opener replaced in 2021 • Dishwasher replaced in 2016 • Water heater Enjoy being part of the Detroit Beach Association community, with beach access papers provided at closing. Convenient access to nearby Sterling State Park, local marinas, and the water just a few blocks away. Whether you're looking for your next year-round home, a place to downsize, or an investment opportunity, this property offers plenty of possibilities. IMMEDIATE OCCUPANCY! No waiting, no building, just an opportunity to make this home your own! Don't miss your chance to see all this property has to offer!
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Monroe
Over the last 90 days, 170 homes sold in Monroe for a median of $225,000, about $149 per square foot, and the typical one went under contract in 10 days. This home is listed at $199,900, or $198 per square foot, 33% above the city median, and has been on the market 4 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Monroe sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $2,504 a year. A buyer who lives here would pay about $1,529 to $3,036 a year once the taxable value resets after the sale, at the 2025 homestead rate of 30.07 mills for Frenchtown Twp and Jefferson Schools Monroe Co schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate and HOA when listed. Ask us for a lender quote.
Location
Similar homes in Monroe
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