933 Patterson Street

About this home

Investor opportunity in Monroe Township! This 3 bedroom, 1 bath ranch has 860 sq ft, was built in 1945, and sits in the Patterson Gardens neighborhood with a detached 2-car garage. Bring your contractor and your vision. Utilities are currently off and there's no heat source.

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 $44,900, or $53 per square foot, 64% below the city median, and has been on the market 0 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 $1,530 a year. A buyer who lives here would pay about $651 a year once the taxable value resets after the sale, at the 2025 homestead rate of 28.71 mills for Monroe Twp 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

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