5501 Central Dr, Monroe, MI 48161
Property image
Property image
OFF MARKET

5501 Central Dr
Monroe, MI 48161

South Monroe
  • 4 Beds
  • 3 Baths
  • 1,500 sqft (on 0.72 acres)

$289,100

Trulia Estimate
as of Aug 21, 2026
Est. Refi. Payment $1,829/mo*
Refinance Your Home

$289,100

Trulia Estimate
as of Aug 21, 2026
Est. Refi. Payment $1,829/mo*
Refinance Your Home
4 Beds
3 Baths
1,500 sqft
(on 0.72 acres)

Home Value

Trulia Estimate
$289K
Since last month
Increased$2K (+0.8%)
Since last year
Increased$22K (+8.2%)
Since last sale
Increased$31K (+12.2%)
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 +80% in the last 10 years
MonthEstimated value
2026
August 2026$289K
July 2026$287K
June 2026$291K
May 2026$289K
April 2026$282K
March 2026$278K
February 2026$274K
January 2026$267K
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
5563 Vineyard Dr, Monroe, MI
0.25
Single-Family Home
$260,000
12/22/25
3
1.5
1,500
5535 Vineyard Dr, Monroe, MI
0.20
Single-Family Home
$237,000
08/27/25
3
2
1,702
15117 S Dixie Hwy, Monroe, MI
0.30
Single-Family Home
$225,000
10/08/25
3
3
2,160
5400 Vineyard Dr, Monroe, MI
0.03
Single-Family Home
$229,900
10/03/25
3
1
1,186
14950 Nobil Ave, Monroe, MI
0.58
Single-Family Home
$315,000
07/31/26
3
1.5
1,592
5714 E Dunbar Rd, Monroe, MI
0.67
Single-Family Home
$235,000
11/14/25
3
2
1,923
5541 Central Dr, Monroe, MI
0.05
Single-Family Home
$169,900
09/12/25
2
1
900
15024 Shadowood St, Monroe, MI
0.50
Single-Family Home
$324,000
11/10/25
4
3
2,783
14960 S Dixie Hwy, Monroe, MI
0.61
Single-Family Home
$340,000
12/23/25
4
3
2,696
5400 E Albain Rd, Monroe, MI
0.84
Single-Family Home
$272,500
03/10/26
4
2
1,620

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
5400 Vineyard Dr, Monroe, MI 48161
0.03
$243,800
3
1
1,186
Off Market
5341 Vineyard Dr, Monroe, MI 48161
0.07
$111,900
1
1
500
Off Market
5426 Forest Dr, Monroe, MI 48161
0.12
$185,000
3
1
977
Off Market
321 Central Park, Monroe, MI 48162
0.18
$422,800
3
2.5
2,350
Off Market
5521 Forest Dr, Monroe, MI 48161
0.17
$175,300
2
1
831
Off Market
5530 Forest Dr, Monroe, MI 48161
0.20
$236,700
3
1
1,635
Off Market
15137 Grand Blvd, Monroe, MI 48161
0.25
$219,100
2
2
1,680
Off Market
1103 Meadowlands Ct, Monroe, MI 48161
0.33
$296,200
2
2
2,311
Off Market
4993 Northfield Dr, Monroe, MI 48161
0.48
$403,900
4
2.5
2,800
Off Market
4993 Northfield Dr S, Monroe, MI 48161
0.48
$391,900
4
2.5
2,800
Off Market
15033 Shadowood St, Monroe, MI 48161
0.47
$390,800
3
2.5
2,454
Off Market
5034 Northfield Dr, Monroe, MI 48161
0.48
$175,000
3
1.5
1,560
Recently Sold

Local Information

  • Map ViewExplore the area around 5501 Central Dr.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Lot Size
0.72 acres
Living Area
1,500 sqft
Price/Sqft
$193
Parking
Garage

About this House

Single family, addition is approximately 20 years old. New roof in 2015. Detached 2 car garage, fenced back yard, porch to back yard off master bedroom. Partially finished basement with full bathroom. One full bathroom on each level of the house. 4th bedroom is smallest bedroom and on main floor next to bathroom, and can be used alternatively as an office.
5501 Central Dr, Monroe, MI 48161 is a 4 bedroom, 3 bathroom, 1,500 sqft single-family home in South Monroe. It last sold for $258,000 on Sep 13, 2024. It is currently off market. The Trulia Estimate is $289,100, with a rent estimate of $2,016/month.

Home Details for 5501 Central Dr

Interior Features

Interior Details
BasementAtticNumber of Rooms: 12Types of Rooms: Walk In Closet, Dining Room, Family Room, Laundry Room, Mud Room, OfficeCeiling Fan
Heating & Cooling
Heating: GasAir ConditioningCooling System: CentralHeating Fuel: Gas
Levels, Entrance, & Accessibility
Stories: 2Floors: Tile, Carpet, Hardwood, Linoleum Vinyl
Appliances & Utilities
Cable ReadyDishwasherDryerMicrowaveRefrigeratorWasher
Security
Security System

Exterior Features

Exterior Home Features
Roof: Shake ShingleDeckExterior: Shingle, VinylGardenLawn
Parking & Garage
GarageParking: Garage Detached, Off Street

Property Information

Property Type / Style
Property Type: Single Family HomeArchitecture: Split-level

Community

Units in Building: 1

Lot Information

Lot Area: 0.72 acres

Price and Tax history

DateEventPrice
Sep 13, 2024
Source: N/A
Sold
$258,000
Sep 27, 2021
Source: MiRealSource #50051509
Sold
$199,900
Aug 14, 2021
Source: MiRealSource #50051509
Pending
$199,900
Aug 11, 2021
Source: MiRealSource #50051509
Listed For Sale
$199,900
May 13, 2005
Source: MiRealSource #629233
Sold
$176,500

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

Neighborhood Overview

South Monroe
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about South Monroe

At least 28 Trulia users voted on each feature.

  • 94 % Say car is needed

  • 90 % Say it's dog friendly

  • 88 % Say there's holiday spirit

  • 84 % Say yards are well-kept

  • 76 % Say kids play outside

  • 72 % Say parking is easy

  • 69 % Say there are sidewalks

  • 61 % Say it's walkable to restaurants

  • 55 % Say it's walkable to grocery stores

  • 55 % Say neighbors are friendly

  • 51 % Say people would walk alone at night

  • 47 % Say it's quiet

  • 47 % Say streets are well-lit

  • 45 % Say there's wildlife

  • 41 % Say they plan to stay for at least 5 years

  • 25 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • 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
  • 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

LGBTQ Local Legal Protections

Frequently asked questions about 5501 Central Dr

  • What is 5501 Central Dr estimated to be worth?
    Trulia's estimated value for 5501 Central Dr in Monroe, MI is $289,100.
  • What is the price history for 5501 Central Dr?
    5501 Central Dr in Monroe, MI last sold for $258,000 in September 2024.
  • 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 5501 Central Dr have air conditioning?
    Yes, 5501 Central Dr in Monroe, MI has air conditioning.
  • Does 5501 Central Dr have laundry facilities?
    Yes, 5501 Central Dr in Monroe, MI has in-unit laundry.

Explore by feature - Pet Friendly

20 pet-friendly rentals in Monroe, MI

Explore by feature - Garage

8 rentals with a garage in Monroe, MI

Explore by feature - Air Conditioning

31 rentals with air conditioning in Monroe, MI

Explore by feature - Pool

9 rentals with a pool in Monroe, MI

Explore by feature - Washer/dryer

17 rentals with a washer/dryer in Monroe, MI

Explore by feature - Outdoor Space

7 rentals with an outdoor space in Monroe, MI

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 5501 Central Dr

Skip to last item
Skip to first item

Homes for sale near 5501 Central Dr

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item