NOT LISTED FOR SALE

509 E Lorain St Monroe, MI 48162

Northeast Monroe Neighborhood

Estimated Value: $201,000 - $243,000

8 Beds
4 Baths
2,664 Sq Ft
$84/Sq Ft Est. Value

About This Home

This home is located at 509 E Lorain St, Monroe, MI 48162 and is currently estimated at $224,184, approximately $84 per square foot. 509 E Lorain St is a home located in Monroe County with nearby schools including Monroe High School, St Mary's Catholic Elementary School, and Trinity Lutheran School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2026
Sold by
Monroe City Holdings Llc
Bought by
Rnj Properties Llc
Current Estimated Value
$224,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Outstanding Balance
$172,500
Interest Rate
6.06%
Mortgage Type
New Conventional
Estimated Equity
$51,684

Purchase Details

Closed on
Jun 7, 2023
Sold by
Dowler Jeff J and Dowler Lynette M
Bought by
Monroe City Holdings Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rnj Properties Llc $230,000 First American Title
Monroe City Holdings Llc $155,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rnj Properties Llc $172,500
Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,253 $102,400 $102,400 $0
2024 $3,221 $103,010 $0 $0
2023 $1,414 $87,950 $0 $0
2022 $2,714 $87,950 $0 $0
2021 $2,626 $80,470 $0 $0
2020 $2,492 $69,700 $0 $0
2019 $2,391 $69,700 $0 $0
2018 $2,330 $56,320 $0 $0
2017 $2,285 $56,320 $0 $0
2016 $2,243 $51,530 $0 $0
2015 $2,167 $37,420 $0 $0
2014 $2,167 $37,420 $0 $0
2013 -- $43,610 $0 $0
Source: Public Records

Map

Michigan Monroe County Monroe 48162 Northeast Monroe

509 E Lorain St, Monroe, MI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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