316 E Elm Ave, Monroe, MI 48162
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Property image
OFF MARKET

316 E Elm Ave
Monroe, MI 48162

  • 3 Beds
  • 3 Baths
  • 2,618 sqft (on 0.96 acres)

$423,100

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $2,664/mo*
Refinance Your Home

$423,100

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $2,664/mo*
Refinance Your Home
3 Beds
3 Baths
2,618 sqft
(on 0.96 acres)

Home Value

Trulia Estimate
$423K
Since last month
Increased$8K (+2%)
Since last year
Decreased$1K (-0.3%)
Since last sale
Increased$162K (+61.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +55% in the last 10 years
MonthEstimated value
2026
August 2026$426K
July 2026$431K
June 2026$417K
May 2026$421K
April 2026$419K
March 2026$411K
February 2026$404K
January 2026$396K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
404 E Elm Ave, Monroe, MI
0.03
Single-Family Home
$525,000
07/07/26
4
2.5
3,727
206 Arbor Ave, Monroe, MI
0.24
Single-Family Home
$230,000
09/02/25
3
2
2,382
526 E 2nd St, Monroe, MI
0.34
Single-Family Home
$178,000
03/17/26
3
2.5
2,086
415 Hollywood Dr, Monroe, MI
0.29
Single-Family Home
$147,450
01/28/26
3
2
1,833
428 E 3rd St, Monroe, MI
0.39
Single-Family Home
$235,000
07/13/26
3
2
1,944
126 Mason Run Blvd, Monroe, MI
0.46
Single-Family Home
$280,000
05/22/26
3
2.5
2,935
218 Scott St, Monroe, MI
0.31
Single-Family Home
$269,000
05/04/26
3
2
1,649
138 Tremont St, Monroe, MI
0.18
Single-Family Home
$255,000
08/07/26
3
2
1,272
416 Humphrey St, Monroe, MI
0.19
Single-Family Home
$170,000
07/17/26
4
1.5
2,736
211 Baptiste Ave, Monroe, MI
0.35
Single-Family Home
$180,000
09/12/25
4
3
2,502

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
330 E Elm Ave, Monroe, MI 48162
0.02
$277,600
4
2.5
2,024
Off Market
404 E Elm Ave, Monroe, MI 48162
0.03
$525,000
4
2.5
3,727
Recently Sold
308 E Front St, Monroe, MI 48161
0.10
$124,100
3
2
1,437
Off Market
227 E Front St, Monroe, MI 48161
0.10
$253,200
5
2.5
3,646
Off Market
515 E Elm Ave, Monroe, MI 48162
0.15
$132,000
3
1.5
1,651
Recently Sold
Arbor Ave, Monroe, MI 48162
0.16
-
-
-
-
Off Market
19 Scott St, Monroe, MI 48161
0.13
$196,000
6
2
2,216
Recently Sold
520 E Front St, Monroe, MI 48161
0.18
$159,500
3
1.5
1,434
Off Market
137 Lincoln Ave, Monroe, MI 48162
0.12
$252,500
4
2
2,330
Off Market
416 Humphrey St, Monroe, MI 48161
0.19
$170,000
4
1.5
2,736
Recently Sold
508 Humphrey St, Monroe, MI 48161
0.20
$117,300
4
1
1,176
Off Market
57 Navarre St, Monroe, MI 48161
0.21
$124,900
4
2
1,556
Recently Sold

Local Information

  • Map ViewExplore the area around 316 E Elm Ave.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1923
Lot Size
0.96 acres
Living Area
2,618 sqft
Price/Sqft
$162
Parking
Garage

About this House

ONE OF A KIND AUTHENTIC ENGLISH TUDOR HOME WITH 6 YEAR OLD WOOD SHAKE ROOF, WAVE PLASTER WALLS, ROPE CROWN MOLDING, OAK FLOORS THROUGHOUT ON AN APPROXIMATE ONE ACRE RIVERFRONT LOT. NUMEROUS UPDATES INCLUDING: PELLA ARCHITECT SERIES WINDOWS, CENTRAL AIR, 200 AMP ELECTRIC, COPPER PLUMBING, CONCRETE DRIVE, HEATED BASEMENT FLOOR, CUSTOM CABINETS AND GRANITE COUNTER TOPS. FULL HOUSE GENERATOR.
316 E Elm Ave, Monroe, MI 48162 is a 3 bedroom, 3 bathroom, 2,618 sqft single-family home built in 1923. It last sold for $264,000 on Sep 18, 2015. It is currently off market. The Trulia Estimate is $423,100, with a rent estimate of $2,199/month.

Home Details for 316 E Elm Ave

Interior Features

Interior Details
BasementNumber of Rooms: 12
Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2
Appliances & Utilities
Cable ReadyDishwasherDisposalMicrowaveRefrigerator
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: Stucco, BrickPatio
Pool
Pool
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1923
Property Type / Style
Property Type: Single Family HomeArchitecture: Tudor

Community

Units in Building: 1

Lot Information

Lot Area: 0.96 acres

Price and Tax history

DateEventPrice
Sep 18, 2015
Source: MiRealSource #20435344
Sold
$264,000
Jun 17, 2015
Source: Agent Provided
Pending
$299,900
May 20, 2015
Source: Agent Provided
PendingToActive
$299,900
May 8, 2015
Source: Agent Provided
Pending
$299,900
Apr 16, 2015
Source: Agent Provided
Listed For Sale
$299,900

Market trends in Monroe

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$226K
$16.83KMoM
Sale-to-List Price
100.0%
Price per sq ft
$158
$8MoM
Available listings
132
15MoM
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Around this home

What Locals Say about Monroe

At least 247 Trulia users voted on each feature.

  • 88 % Say car is needed

  • 88 % Say yards are well-kept

  • 86 % Say it's dog friendly

  • 80 % Say parking is easy

  • 78 % Say there's holiday spirit

  • 73 % Say kids play outside

  • 63 % Say there are sidewalks

  • 62 % Say people would walk alone at night

  • 54 % Say neighbors are friendly

  • 54 % Say streets are well-lit

  • 52 % Say there's wildlife

  • 51 % Say it's quiet

  • 51 % Say it's walkable to restaurants

  • 47 % Say it's walkable to grocery stores

  • 47 % Say they plan to stay for at least 5 years

  • 27 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • J Navarre
    "We have a wonderful Farmers Market, Library System, Biking and walking trails, great parks with free summer concerts. Small town vibes. Friendly people. "
    0
    Flag
  • J Navarre
    "Private subdivision. Mostly working professionals and retired community. A few bad apples. We have a group of neighbors that meet in the driveway for an evening glass of wine. "
    0
    Flag
  • J Navarre
    "I live in a condominium community. Quiet street and some sidewalks. People enjoy walking, biking and dog walking. "
    0
    Flag
  • Trulia User
    "the two main roads telegraph and monroe Street are always laden with construction and I75 always has an accident forcing traffic onto those two streets from the highway, so expect anywhere in monroe to take you 15-25 minutes to get there on a good day"
    1
    Flag
  • Trulia User
    "It’s a condo. No fenced area. Dog must be leashed at all times. No sidewalks available. All walking in the street. "
    1
    Flag
  • Trulia User
    "Quiet, clean, friendly neighborhood. People respect one another and care about their neighbors. I really like it here. I hope others will too."
    0
    Flag
  • Trulia User
    "We have concerts at the park every summer that are all free to attend for everyone, there’s music of all genres to enjoy."
    3
    Flag
  • Susie Q
    "We participate in downtown Monroe events. The music in the park, art, the parades, Christmas tree lighting, the restaurants. You can also spend a day or two walking around reading all the info about Monroe’s history, as well. Talking a stroll by the water...visiting the many parks and many churches to visit of different denominations, too. "
    4
    Flag
  • Paityn S.
    "Great neighbor hood, everyone’s very friendly. Very peaceful, and has beautiful views. I’ve lived here since i was born, and definitely plan on raising my family in or near this area. Very homey. "
    0
    Flag
  • Susie R.
    "I am five minutes or less from downtown, water ways, restaurants and shopping. Love this area. There is a dog park coming soon and until then plenty of places to walk your dog. "
    2
    Flag
  • Katie.focht10
    "There are trails for walking dogs. There is no dog park though. They are talking about doing one though. "
    2
    Flag
  • Joshd76ortiz
    "Great town to raise a family! Have all the resources , utilities, restaurants, shopping centers! Great public schools and private. Just a great place to live!"
    2
    Flag
  • Jayson P.
    "Long flat and featureless. Easy to forget which direction you’re driving on any of Michigan’s commonly cloudy days"
    0
    Flag
  • S.kay1
    "I lived in the neighborhood for 26 years. The residents are neighborly working class, professionals or retirees. I love the spacious property with beautiful mature trees and clean air. Quiet yet close to town, restaurants and a variety of stores. "
    0
    Flag
  • Monica K.
    "dog owners do not pick up after there dogs, but it is a kid friendly place to live. the beach is nice and very well maintenanced. most of everyone keeps up on there landscaping. it's very close to the schools and stores along with expressways"
    0
    Flag
  • Remillard616
    "They should have sidewalks on Telegraph. to use to walk and ride bike safely. not on a muddy path. "
    0
    Flag
  • Whykorey
    "Shoot outs all the time! 3 in the last 2 weeks! Hate this area! Worst place to Live in Monroe! Do not live here!"
    14
    Flag
  • Monroe G.
    "My area is so convenient to everything. Neighborhood store, police, hospital, medical facilities and fire department. Local transportation in front of house. Quick access to stores, schools, churches, downtown, concerts and all highways. It is an amazing area to live with a very small turnover of residents. "
    3
    Flag
  • Mary M.
    "great area for pet owners. plenty of walking trails and public parks to visit within walking distance."
    2
    Flag
  • Mary M.
    "I hope more people see the little gem that Monroe really is. If you take time to talk to your neighbor it's amazing what connections you can make "
    1
    Flag
  • Luke T.
    "This is a great neighborhood to live in. The people are friendly and the town is just the right size. There is a lot of potential here. Monroe is just close enough to all of the big cities, but far enough away to avoid the traffic and chaos. "
    2
    Flag
  • Ebony M. M.
    "Some people do not pick up after their dog!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Some allow dog to relieve themselves on neighbors lawn"
    0
    Flag
  • Firstclassdivaflyer
    "I grew up here since '72. When the street lights come on...be home, at least in your own yard. Adults; this is a safe neighborhood. Talk to your neighbors/socialize. "
    0
    Flag
  • Monroe G.
    "I see people out walking dogs regularly. The dogs seem very friendly as do their owners. The owners pick up after their dogs... many dogs stop by. "
    4
    Flag
  • Joseph P.
    "Not a place to walk Dogs busy roads not many sidewalks more of a rural area there are several parks nearby though "
    0
    Flag
  • Nf123075
    "I've lived in this neighborhood for almost a year, the people are great. I love to walk my dog and go to the beach. everyone is willing to pitch in, the people make the community "
    0
    Flag
  • Krysty H.
    "beware of anything on 5th street. the closer to the higher number streets the better (like 8,9, 10th) besides smith street, most of smith street is terrible."
    0
    Flag
  • Monroe Guy
    "Great location for families with great schools... minutes from Toledo, Ann Arbor, and Detroit as well as Windsor, CA. Multitude of museums, zoos, galleries and family friendly restaurants."
    0
    Flag
  • Nikki L.
    "All of my neighbors look out for each other. We have eachothers backs without being too nosey. Most of us have surveillance cameras setup around the outside of our homes so it would be incredibly difficult for a crime to happen and no one notice it. Its a very secure and safe feeling."
    9
    Flag
  • nf123075
    "I wish I knew, I just moved here. I know there is an Easter egg hunt every year and most of the people are great all the time"
    0
    Flag
  • Brandi K.
    "We have Community yard sales, and also the Fire works that are located next door to my neighborhood at Sterling State Park. Wonderful beach access as well. "
    0
    Flag
  • Kingthomas
    "Everyone watches out for each other’s house. Most of the people get along here. I grew up here and all my kids did too. "
    3
    Flag
  • Bree_brancheau
    "it's close to stores and Restaurants. It's very laid back and relaxed area. close to parks and beaches. "
    1
    Flag
  • Carrie O.
    "Great family area. Many parks within walking distance. Friendly neighborhood. Shopping and restaurant within quarter of a mile. Centrally located in Monroe, close to everything: hospital, health clubs, churches, etc."
    3
    Flag
  • Jim I.
    "This neighborhood is mixed with retirees, working people and families. It is a safe neighborhood and everyone looks out for their neighbors. Walk to the river (1 block away), walk to the Post Office or downtown (3 or 4 blocks away). A great place to live."
    4
    Flag

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Apartments for Rent

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Explore by feature - Pet Friendly

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Explore by feature - Pool

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Homes for sale near 316 E Elm Ave

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Off Market Homes Near 316 E Elm Ave

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Frequently asked questions about 316 E Elm Ave

  • What is 316 E Elm Ave estimated to be worth?
    Trulia's estimated value for 316 E Elm Ave in Monroe, MI is $423,100.
  • What is the price history for 316 E Elm Ave?
    316 E Elm Ave in Monroe, MI last sold for $264,000 in September 2015.
  • Is Monroe a buyer's or seller's market?
    Monroe is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Monroe?
    The median sale price in Monroe is $226K. That is up $16.83K from the prior month.
  • Does 316 E Elm Ave have air conditioning?
    Yes, 316 E Elm Ave in Monroe, MI has air conditioning.
  • Does 316 E Elm Ave have a pool?
    Yes, 316 E Elm Ave in Monroe, MI has a pool.