531 Toledo Ave, Monroe, MI 48161
Property image
Property image
OFF MARKET

$156,400

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 762 sqft

531 Toledo Ave, Monroe, MI 48161

Est. Refi. Payment $1,043/mo*
Refinance Your Home
Currently Off Market - Sold May 5, 2021 for $115,000

Home Value

Trulia Estimate
$156K
Since last month
Decreased$2K (-1.3%)
Since last year
Increased$1K (+0.8%)
Since last sale
Increased$41K (+36%)
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 +100% in the last 10 years
MonthEstimated value
2026
August 2026$156K
August 2026$156K
July 2026$159K
June 2026$159K
May 2026$159K
April 2026$155K
March 2026$155K
February 2026$152K
January 2026$150K
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
530 Toledo Ave, Monroe, MI
0.04
Single-Family Home
$210,000
11/12/25
3
1
1,288
719 Adams St, Monroe, MI
0.50
Single-Family Home
$140,000
01/09/26
2
1
912
617 Union St, Monroe, MI
0.31
Single-Family Home
$110,000
08/25/26
2
1
990
913 Adams St, Monroe, MI
0.55
Single-Family Home
$130,000
10/15/25
2
1
616
711 W 5th St, Monroe, MI
0.33
Single-Family Home
$117,000
02/27/26
3
1
1,200
712 Wolverine Ave, Monroe, MI
0.36
Single-Family Home
$218,000
09/02/26
2
1
1,092
727 W 4th St, Monroe, MI
0.32
Single-Family Home
$135,000
12/30/25
3
1
1,269
1005 Bacon St, Monroe, MI
0.57
Single-Family Home
$125,000
10/21/25
2
1
1,120
227 Huber Dr, Monroe, MI
0.56
Single-Family Home
$157,000
03/04/26
2
1
836
323 Huber Dr, Monroe, MI
0.61
Single-Family Home
$137,500
06/09/26
2
1
692

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
522 Toledo Ave, Monroe, MI 48161
0.04
$275,000
3
2
1,950
Off Market
530 Toledo Ave, Monroe, MI 48161
0.04
$210,000
3
1
1,288
Recently Sold
531 Stone St, Monroe, MI 48161
0.06
$204,300
3
1.5
1,014
Off Market
635 Toledo Ave, Monroe, MI 48161
0.07
$228,800
3
1.5
1,568
Off Market
507 Stone St, Monroe, MI 48161
0.07
$168,900
2
1
1,480
Off Market
634 Toledo Ave, Monroe, MI 48161
0.08
$226,200
3
1.5
1,996
Off Market
719 Toledo Ave, Monroe, MI 48161
0.12
$245,000
3
2
1,400
Recently Sold
521 Depot St, Monroe, MI 48161
0.12
$150,500
1
1.5
1,354
Off Market
545 Depot St, Monroe, MI 48161
0.12
$177,300
3
1.5
1,354
Off Market
525 Depot St, Monroe, MI 48161
0.13
$171,100
3
1.5
1,354
Off Market
402 Depot St, Monroe, MI 48161
0.13
$169,400
2
1.5
1,400
Off Market
546 Kaye Lani Ave, Monroe, MI 48161
0.15
$177,100
3
1.5
1,354
Off Market

Local Information

  • Map ViewExplore the area around 531 Toledo Ave.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1936
Living Area
762 sqft
Price/Sqft
$205
Parking
Garage

About this House

This single-family home is located at 531 Toledo Ave, Monroe, MI. 531 Toledo Ave is in Monroe, MI and in ZIP code 48161. This property has 2 bedrooms, 1 bathroom and approximately 762 sqft of floor space. This property has a lot size of 5227 sqft and was built in 1936.
531 Toledo Ave, Monroe, MI 48161 is a 2 bedroom, 1 bathroom, 762 sqft single-family home built in 1936. It last sold for $115,000 on May 5, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $156,400, with a rent estimate of $1,106/month.

Home Details for 531 Toledo Ave

Interior Features

Interior Details
BasementNumber of Rooms: 5Types of Rooms: Dining Room
Heating & Cooling
Heating: Forced Air, GasHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Other
Appliances & Utilities
RefrigeratorWasher
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: Shake ShingleDeckExterior: VinylPatioPorch
Pool
Pool
Parking & Garage
GarageParking: Carport, Garage

Property Information

Year Built
Year Built: 1936
Property Type / Style
Property Type: Single Family HomeArchitecture: Bungalow

Community

Units in Building: 1

Lot Information

Lot Area: 5227 sqft

Price and Tax history

DateEventPrice
May 6, 2023
Source: Realcomp II #57050027182
ListingRemoved
May 5, 2021
Source: MiRealSource #50027182
Sold
$115,000
Apr 22, 2021
Source: MiRealSource #50027182
Pending
$114,900
Mar 25, 2021
Source: MiRealSource #50027182
Contingent
$114,900
Dec 14, 2020
Source: Agent Provided
PendingToActive
$114,900

Market trends in Monroe

Last updated July 2026
Buyer'sMarketSeller'sMarket
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.
  • 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. "
    1
    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. "
    1
    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

LGBTQ Local Legal Protections

Frequently asked questions about 531 Toledo Ave

  • What is 531 Toledo Ave estimated to be worth?
    Trulia's estimated value for 531 Toledo Ave in Monroe, MI is $156,400.
  • What is the price history for 531 Toledo Ave?
    531 Toledo Ave in Monroe, MI last sold for $115,000 in May 2021.
  • 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 531 Toledo Ave have a pool?
    Yes, 531 Toledo Ave in Monroe, MI has a pool.
  • How big is the lot at 531 Toledo Ave?
    The lot at 531 Toledo Ave in Monroe, MI is about 0.12 acres (5,227 sq ft).

Explore by feature - Pet Friendly

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Explore by feature - Air Conditioning

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Explore by feature - Pool

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Off Market Homes Near 531 Toledo Ave

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