550 Grace Dr, Monroe, MI 48161
OFF MARKET

550 Grace Dr
Monroe, MI 48161

  • 3 Beds
  • 3 Baths
  • 2,317 sqft (on 0.38 acres)

$353,500

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $2,233/mo*
Refinance Your Home

$353,500

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $2,233/mo*
Refinance Your Home
3 Beds
3 Baths
2,317 sqft
(on 0.38 acres)

Home Value

Trulia Estimate
$354K
Since last month
Decreased$2K (-0.6%)
Since last year
Increased$8K (+2.2%)
Since last sale
Increased$138K (+64.2%)
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 +81% in the last 10 years
MonthEstimated value
2026
August 2026$353K
July 2026$355K
June 2026$359K
May 2026$359K
April 2026$351K
March 2026$345K
February 2026$337K
January 2026$332K
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
1942 S Custer Rd, Monroe, MI
0.21
Single-Family Home
$250,000
09/30/25
3
1.5
1,544
831 Wolverine Ave, Monroe, MI
0.25
Single-Family Home
$235,000
07/09/26
2
2
1,908
826 Waterloo St, Monroe, MI
0.24
Single-Family Home
$252,000
10/14/25
3
1.5
2,016
950 Waterloo Ave, Monroe, MI
0.37
Single-Family Home
$331,000
05/14/26
3
1.5
1,865
1703 S Custer Rd, Monroe, MI
0.09
Single-Family Home
$178,000
04/08/26
3
1.5
1,147
826 Waterloo Ave, Monroe, MI
0.24
Single-Family Home
$252,000
10/15/25
3
1.5
1,808
730 Jennie Pl, Monroe, MI
0.23
Single-Family Home
$340,000
04/27/26
2
2.5
2,945
240 Ruff Dr, Monroe, MI
0.49
Single-Family Home
$335,000
06/11/26
3
2.5
1,712
1727 S Custer Rd, Monroe, MI
0.07
Single-Family Home
$182,000
09/12/25
3
2
1,170
718 Waterloo Ave, Monroe, MI
0.17
Single-Family Home
$237,500
07/02/26
3
1
1,506

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
553 N Augusta Dr, Monroe, MI 48161
0.04
-
3
2
1,400
Off Market
1839 S Custer Rd, Monroe, MI 48161
0.08
$329,000
3
2.5
1,823
Off Market
1724 S Custer Rd, Monroe, MI 48161
0.08
$293,000
10
4
4,370
Recently Sold
1703 S Custer Rd, Monroe, MI 48161
0.09
$178,000
3
1.5
1,147
Recently Sold
490 Grace Dr, Monroe, MI 48161
0.07
$260,500
2
1.5
1,431
Off Market
1620 S Custer Rd, Monroe, MI 48161
0.10
$230,500
3
1
2,320
Off Market
1888 S Custer Rd, Monroe, MI 48161
0.11
$285,700
3
1.5
2,238
Off Market
737 Winston Dr, Monroe, MI 48161
0.14
$225,900
3
1
988
Off Market
481 Fox Dr, Monroe, MI 48161
0.12
$278,300
3
1.5
1,726
Off Market
624 Waterloo Ave, Monroe, MI 48161
0.15
$144,000
2
2
1,448
Recently Sold
1880 Riviera Dr, Monroe, MI 48161
0.14
$394,800
3
2.5
1,750
Off Market
718 Waterloo Ave, Monroe, MI 48161
0.17
$237,500
3
1
1,506
Recently Sold

Local Information

  • Map ViewExplore the area around 550 Grace Dr.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1987
Lot Size
0.38 acres
Living Area
2,317 sqft
Price/Sqft
$153
Parking
Garage

About this House

This single-family home is located at 550 Grace Dr, Monroe, MI. 550 Grace Dr is in Monroe, MI and in ZIP code 48161. This property has 3 bedrooms, 3 bathrooms and approximately 2,317 sqft of floor space. This property has a lot size of 0.38 acres and was built in 1987.
550 Grace Dr, Monroe, MI 48161 is a 3 bedroom, 3 bathroom, 2,317 sqft single-family home built in 1987. It last sold for $215,000 on Aug 31, 2004. It is currently off market. The Trulia Estimate is $353,500, with a rent estimate of $2,239/month.

Home Details for 550 Grace Dr

Interior Features

Interior Details
BasementNumber of Rooms: 9
Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1.75
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: Asphalt
Pool
Pool
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 1987
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 0.38 acres

Price and Tax history

DateEventPrice
Aug 31, 2004
Source: MiRealSource #714186
Sold
$215,000

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 550 Grace Dr

  • What is 550 Grace Dr estimated to be worth?
    Trulia's estimated value for 550 Grace Dr in Monroe, MI is $353,500.
  • What is the price history for 550 Grace Dr?
    550 Grace Dr in Monroe, MI last sold for $215,000 in August 2004.
  • 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 550 Grace Dr have a pool?
    Yes, 550 Grace Dr in Monroe, MI has a pool.
  • How big is the lot at 550 Grace Dr?
    The lot at 550 Grace Dr in Monroe, MI is about 0.38 acres (16,557 sq ft).

Explore by feature - Pet Friendly

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Explore by feature - Garage

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Explore by feature - Air Conditioning

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Explore by feature - Pool

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Explore by feature - Outdoor Space

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Off Market Homes Near 550 Grace Dr

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