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$159,500

Listing Price$113,280Est. Opening Bid

3beds

1baths

1,408sqft

6,970sqft lot

229 E Lorain St, Monroe, MI 48162

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

Bank Owned

For Sale

Single Family

Home type

75.46

Price / sqft

1857

Year built

Home Details

Great opportunity to own this character filled centennial home (1857) within walking distance of the riverfront park & the downtown business district. Relax on the front sitting porch, enjoy the high ceilings & large windows throughout. The large living & dining rooms both feature newer flooring & contemporary decor. The dining room also has a built-in cabinet & a door to the deck. the large galley style kitchen comes w/ appliances incl, A pocket door opens to the 1st floor lavatory. The second floor consists of 3 bedrooms, (including a large primary w/multiple closets), all with new carpet in 2024. The full bath features a nostalgic claw foot tub. The unfinished basement has a laundry area, work area, rear walkout, & an egress window. There is a newer roof on the house, (garage roof not so much), the furnace & central air were installed in 2019. newer concrete for the sidewalk, shared driveway, & rear parking pad. Its a great house In a great neighborhood @ a great price. Make Home Here. Owner is a licensed real estate agent in the State of Michigan.

Interior Details

Square Feet
  • 1408

Bedrooms
  • 3

Bathrooms
  • 1

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    Basement (unspecified)

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 6970

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    Driveway

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    0

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • No

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 2

Style
  • N/A

Exterior
  • Aluminum/vinyl

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2018

$1,708

$0

$0

--%

$52,080

2019

$2,528

$0

$0

--%

$49,800

2016

$1,638

$0

$0

--%

$49,700

2016

$1,638

$0

$0

--%

$52,070

2016

$1,638

$0

$0

--%

$42,650

2014

$1,570

$0

$0

--%

$39,600

2013

$1,514

$0

$0

--%

$39,610

2012

$1,579

$0

$0

--%

$41,450

percent-home-icon

Average Home Price in 48162

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$251,046

3 Beds

1 Baths

1,459 Sqft

8,712 Lot (sqft)

Sold 08/26/2026

$195,805

-- Beds

1 Baths

1,200 Sqft

3,485 Lot (sqft)

Sold 08/07/2026

$192,358

3 Beds

1 Baths

1,248 Sqft

4,008 Lot (sqft)

Sold 08/07/2026

$129,902

5 Beds

2 Baths

1,538 Sqft

6,098 Lot (sqft)

Sold 07/07/2026

$247,057

3 Beds

1 Baths

1,300 Sqft

4,225 Lot (sqft)

Sold 06/30/2026

$202,388

-- Beds

1 Baths

1,260 Sqft

5,663 Lot (sqft)

Sold 06/23/2026

$90,206

3 Beds

1 Baths

1,216 Sqft

6,970 Lot (sqft)

Sold 10/18/2026

$209,900

3 Beds

1 Baths

1,272 Sqft

5,663 Lot (sqft)

Sold 10/13/2026

$229,900

3 Beds

1 Baths

1,200 Sqft

5,227 Lot (sqft)

Sold 10/18/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
159,500
$
Down payment
31,900
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
957
$
HOA (Monthly)
0
$
PMI
0
$
$1,033
Your Payment
Total Monthly Payment:$1,033
Percent of Income:18%
Affordable:Yes

Bank Owned Details for 229 E LORAIN ST

Property Debt

Foreclosure Contact Details