318 E Lorain St
Monroe, MI 48162
- 3 Beds
- 1.5 Baths
- 1,040 sqft
3 Beds
1.5 Baths
1,040 sqft
Home Value
Trulia Estimate
$160KSince last month
Increased$4K (+2.5%)Since last year
Increased$55K (+52.5%)Since last sale
Increased$55K (+52.7%)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 +90% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $160K |
| July 2026 | $160K |
| June 2026 | $156K |
| May 2026 | $160K |
| April 2026 | $149K |
| March 2026 | $143K |
| February 2026 | $146K |
| January 2026 | $149K |
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 |
|---|---|---|---|---|---|---|---|
0.09 | Single-Family Home | $113,280 | 11/25/25 | 3 | 1.5 | 1,408 | |
0.10 | Single-Family Home | $180,000 | 06/12/26 | 3 | 1.5 | 1,144 | |
0.11 | Single-Family Home | $189,900 | 08/28/25 | 3 | 1 | 1,140 | |
0.07 | Single-Family Home | $194,900 | 07/21/26 | 3 | 1 | 1,200 | |
0.13 | Single-Family Home | $185,000 | 08/21/25 | 3 | 1.5 | 1,356 | |
0.18 | Single-Family Home | $184,000 | 04/27/26 | 3 | 1 | 1,109 | |
0.27 | Single-Family Home | $134,900 | 09/18/25 | 3 | 1 | 1,144 | |
0.10 | Single-Family Home | $230,000 | 05/14/26 | 3 | 1.5 | 1,559 | |
0.08 | Single-Family Home | $228,900 | 05/20/26 | 3 | 1 | 1,344 | |
0.15 | Single-Family Home | $169,000 | 12/09/25 | 2 | 1.5 | 1,078 |
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 |
|---|---|---|---|---|---|---|
0.01 | $291,600 | 3 | 2.5 | 1,800 | Off Market | |
0.03 | $196,600 | 4 | 1.5 | 1,396 | Off Market | |
0.07 | $242,400 | 3 | 1.5 | 1,337 | Off Market | |
0.02 | $188,400 | 3 | 1 | 1,536 | Off Market | |
0.04 | $179,000 | 4 | 1.5 | 1,668 | Recently Sold | |
0.08 | $228,900 | 3 | 1 | 1,344 | Recently Sold | |
0.07 | $240,800 | 3 | 2 | 1,520 | Off Market | |
0.09 | $230,000 | 3 | 1.5 | 1,559 | Recently Sold | |
0.08 | $220,000 | 2 | 2 | 2,595 | Recently Sold | |
0.12 | $265,900 | 3 | 2 | 2,148 | Off Market | |
0.08 | $373,200 | 4 | 2.5 | 3,485 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1914
Living Area
1,040 sqft
Price/Sqft
$154
About this House
This 3 bedroom, 2 story home. Features large enclosed front porch, basement, large fenced backyard with a shed and deck. Home located in close proximity to shopping, restaurants, and freeway.
318 E Lorain St, Monroe, MI 48162 is a 3 bedroom, 2 bathroom, 1,040 sqft single-family home built in 1914. It last sold for $105,000 on May 22, 2025 (26% above the $83,500 asking price). It is currently off market. The Trulia Estimate is $160,300, with a rent estimate of $1,637/month.
Home Details for 318 E Lorain St
|
|---|
Interior Details Number of Rooms: 6Types of Rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Dining Room, Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 1040 Square Feet |
Heating & Cooling Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa No Fireplace |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
|
|---|
Exterior Home Features Patio / Porch: PorchFencing: FencedOther Structures: Shed(s)Foundation: BasementNo Private Pool |
Parking & Garage No Garage |
Frontage Frontage Type: RoadNot on Waterfront |
Water & Sewer Sewer: Public Sanitary |
Farm & Range Frontage Length: 32 |
Finished Area Finished Area (above surface): 1040 Square Feet |
|
|---|
Cumulative Days on Market: 12 |
|
|---|
Year Built Year Built: 1914 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Traditional |
Building Construction Materials: Vinyl Siding |
Property Information Parcel Number: 555901829000 |
|
|---|
Price List Price: $83,500 |
Status Change & Dates Off Market Date: Mon May 05 2025Possession Timing: Close Of Escrow |
|
|---|
MLS Status: Closed |
|
|---|
Direction & Address City: MonroeCommunity: None |
School Information Elementary School District: Monroe Public SchoolsJr High / Middle School District: Monroe Public SchoolsHigh School District: Monroe Public Schools |
|
|---|
Building Area Building Area: 1560 Square Feet |
|
|---|
Association for this Listing: Southeastern Border Association of REALTORSNo HOA |
|
|---|
Lot Area: 4791.6 sqft |
|
|---|
Special Conditions: HUD Owned |
|
|---|
Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional, FHA |
|
|---|
BasementMls Number: 50172310Attribution Contact: Office: 734-243-4200Above Grade Unfinished Area: 1040Days In Mls: 12 |
Last check for updates: about 19 hours ago
Listed by Tammy Wood, (419) 350-6432
Gerweck Real Estate in Monroe
Connie Hotchkiss, (419) 367-5112
Gerweck Real Estate in Monroe
Bought with: Cherie Shields, (734) 652-8254, Gerweck Real Estate in Monroe
Originating MLS: Southeastern Border Association of REALTORS
Source: MiRealSource, MLS#50172310

Price and Tax history
| Date | Event | Price |
|---|---|---|
May 22, 2025 Source: MiRealSource #50172310 | Sold | $105,000 |
May 5, 2025 Source: MiRealSource #50172310 | Pending | $83,500 |
Apr 23, 2025 Source: MiRealSource #50172310 | Listed For Sale | $83,500 |
Apr 7, 2024 Source: MiRealSource #50125777 | ListingRemoved | $150,000 |
Feb 18, 2024 Source: MiRealSource #50125777 | Listed For Sale | $150,000 |
Feb 8, 2024 Source: MiRealSource #50125777 | ListingRemoved | $150,000 |
Oct 21, 2023 Source: MiRealSource #50125777 | Listed For Sale | $150,000 |
Sep 15, 2023 Source: N/A | Sold | $129,000 |
Sep 17, 2021 Source: N/A | Sold | $129,900 |
Apr 28, 2015 Source: N/A | Sold | $79,000 |
Dec 17, 2014 Source: Agent Provided | PriceChange | $84,900 Price decreased by 5% |
Oct 31, 2014 Source: Agent Provided | PriceChange | $89,000 Price decreased by 6% |
Oct 7, 2014 Source: Agent Provided | PriceChange | $94,500 Price decreased by 5% |
Sep 4, 2014 Source: Agent Provided | Listed For Sale | $99,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,082 | $133,200 |
Home facts updated by county records
Market trends in Monroe
Last updated July 2026
Avg. sale price
$223K
$3.85KMoM
Sale-to-List Price
99.8%
0.2%MoM
Price per sq ft
$156
$2MoM
Available listings
141
9MoM
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Explore by feature - Outdoor Space
Homes for sale near 318 E Lorain St
Off Market Homes Near 318 E Lorain St
Frequently asked questions about 318 E Lorain St
- What is 318 E Lorain St estimated to be worth?Trulia's estimated value for 318 E Lorain St in Monroe, MI is $160,300.
- What is the price history for 318 E Lorain St?318 E Lorain St in Monroe, MI last sold for $105,000 in May 2025.
- 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 $223K. That is down $3.85K from the prior month.
- Does 318 E Lorain St have air conditioning?Yes, 318 E Lorain St in Monroe, MI has air conditioning.
- Does 318 E Lorain St have a yard?Yes, 318 E Lorain St in Monroe, MI has a yard.

Source MLS: MiRealSource
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Click here for more information
Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Click here for more information