532 N Monroe
Monroe, MI 48162
Single Family Residence · MLS # 61050227070 · Listing courtesy of Five Star Real Estate
About this home
Curb appeal, flexible living space, and a convenient location come together in this charming 3-bedroom, 2-full-bath home! Situated on a .12-acre corner lot, this home offers approximately 1,386 square feet, a welcoming front porch, and several smaller decks for enjoying your morning coffee or relaxing outdoors. Inside, a main-floor bedroom and full bath add everyday convenience, while two ventless gas fireplaces bring warmth and character to the living spaces. Upstairs, a second full bath is located off a bedroom, and a bonus room at the top of the stairs offers space for a home office, reading nook, or sitting area. The approximately 854-square-foot basement includes about 450 finished square feet, providing additional room for recreation, hobbies, or a media area, along with plenty of storage. A detached 1.5-car garage offers approximately 360 square feet for parking, tools, and more. Well-kept vinyl siding and inviting curb appeal complete the exterior. Close to the hospital, schools, and entertainment, this home offers a versatile layout with room to make it your own. Schedule your viewing today!
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 $210,000, or $114 per square foot, 23% below the city median, and has been on the market 6 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 $1,419 a year. A buyer who lives here would pay about $4,632 a year once the taxable value resets after the sale, at the 2025 homestead rate of 43.68 mills for Monroe City and Monroe 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 when listed. Ask us for a lender quote.
Location
Similar homes in Monroe
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