6 hours on Rocket
$711 Closing Credit¹
#20250030185, Mary D Rosecrans, Listing Office: Rosecrans Realty & Associates
$83,500 List price
318 E Lorain St Monroe, MI 48162
$992
Closing credit¹
3 beds
1 full, 1 partial
1,040 sqft
0.1 acres
$80 / sqft
House
Property details
About 318 E Lorain St
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.
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size1,040 sqft
BasementYes
Lot size0.11 Acres
Year built1914
MLS #57050172310
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Basement: Yes
- Total Bedroom Count: 3
- Architectural Style: Traditional
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $83,500
- Price/SqFt: $80
- Annual Tax Amount: $1,980
- Tax Year: 2024
- Year Built: 1914
- Living Area: 1,040 SqFt
- Lot Size: 0.11 Acres
- MLS Number: 57050172310
- MLS Name: Southeastern Border Association of REALTORS
- Office Name: Gerweck Real Estate in Monroe
- Office Phone: (734) 243-4200
- Listing Agent: Tammy Wood, Connie Hotchkiss
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2025, 3:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$83,500
318 E Lorain St
$992
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 17, 2021 | Home Sold | $129,900 |
| Apr 28, 2015 | Home Sold | $79,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $59,420 | $1,980 |
| 2023 | $43,240 | $1,898 |
| 2022 | $43,240 | $1,750 |
| 2021 | $43,020 | $1,630 |
| 2020 | $45,230 | $1,501 |
| 2019 | $43,300 | $1,470 |
| 2018 | $42,540 | $1,434 |
| 2017 | $44,500 | $1,244 |
History based on county public records data.
Nearby schools
3
Arborwood Elementary School
Public District PK-6
0.6 mi
•1135 Riverview Ave
5
Manor Elementary School
Public District PK-6
1.7 mi
•1731 W Lorain St
2
Waterloo Elementary School
Public District PK-6
1.9 mi
•1933 S Custer Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $64,965. Residents of Monroe, MI typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
27%
<35k
48%
35k-100k
23%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
38%
Single, No Kids
13%
Single, with Kids
27%
Married, No Kids
22%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
10%
12-17 yrs old
22%
18-34 yrs old
42%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Horse Races
Extreme Sports
Where do the neighbors shop?
Nordstrom Rack
Stein Mart
Sam's Club
Where do the neighbors go to eat?
Chipotle
LongHorn Steakhouse
White Castle
What do the neighbors drive?
Mazda
Buick
Oldsmobile
What do the neighbors listen to?
Rock
Contemporary Inspirational
Christian Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 318 E Lorain St
The listing price of 318 E Lorain St property is $83,500.
The property 318 E Lorain St is a house located in Monroe, Michigan, 48162.
Active Listing: 318 E Lorain St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 318 E Lorain St are: Arborwood Elementary School (GreatSchools Rating 3/10), Manor Elementary School (GreatSchools Rating 5/10), Waterloo Elementary School (GreatSchools Rating 2/10), Monroe Middle School (GreatSchools Rating 5/10), Triumph Academy (GreatSchools Rating 6/10), Jefferson Middle School (GreatSchools Rating 4/10), Orchard Center High School (GreatSchools Rating 2/10), Monroe High School (GreatSchools Rating 5/10), Monroe County Middle College (GreatSchools Rating 9/10).
According to the records, the last property tax for 2024 is $1,980 (source: MLS/based on county public records data).
The last sale was on September 17, 2021 for $129,900 (source: MLS/tax record).
The property at 318 E Lorain St has 3 bedrooms and 1 full and 1 half bathrooms.
The property 318 E Lorain St is 1,040 SqFt (source: MLS/tax record).
The year of construction for 318 E Lorain St is 1914.
This home is located at 318 E Lorain St in Monroe, MI and zip code 48162. This 1,040 square foot home, which was built in 1914, sits on a 0.11 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 23, 2025 and is currently priced at $83,500.
In March 2025 more than 16 listings in Monroe, MI were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 19 were sold below. Between February and March 2025, Monroe, MI real estate market has seen increase in the number of listings by 11.5%. Listings spent 50 days on the market in March 2025, and had a median list price of $210,275 during the same period.
From Rocket Homes Real Estate and based on county public records data.