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Monroe 48161
1117 Plum Grove
$230,206
● House - Off Market

1117 Plum Grove

Monroe, MI 48161
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,680 Ft²
$403,464
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model

About This Property

Just completed and ready for immediate occupancy. Landscaping done and included at no extra cost. Great floor plan with cathedral ceiling over the great room and an open kitchen. Huge basement ready to finish. Great master suite. Use of clubhouse including Swimming Pool & Fitness Room,   Primary Bath
Unit Size
1,680 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$139
Property Type
House
Property Taxes
$188
HOA Dues
$39
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MichRIC MLS #23098910)

Price History

Date / Event Date Event Price
Apr 22, 2016 Sold
Premium
Sold
Mar 4, 2016 Listed by Guenther Homes, Inc. $234,206
Listed by Guenther Homes, Inc.

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 3
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,632
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GROVE SUB
  • Land Acres: 0000000290
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: PLUM GROVE SUBDIVISION LOT 24

Neighborhood

  • School District Name: Monroe Public Schools
  • School Tax School District: IDA
  • Census Tract: 831000

Geography

  • District: 13
  • Parcel: 13-446-024-00
  • Lot: 24
  • Municipality: RAISINVILLE TWP
  • Latitude: 41.9277
  • Longitude: -83.479

    Address

  • Full Address: 1117 Plum Grove Dr
  • Address - House Number: 1117
  • Address - Street Name: Plum Grove
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Monroe
  • Carrier Code: R027
  • 4-Digit Zip Code: 9677
  • Zip Code: 48161

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $140,814
  • Tax Rate Code Area: 13

    Appraisal Valuation

  • Standard Deviation: 0.186
  • Valuation Date: Dec 21, 2022
  • Confidence Score: 75
  • Final Value: 382,006
  • High Value: 453,060
  • Low Value: 310,953

    Market Valuation

  • Market Total Value: $331,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $165,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 19, 2016
  • Current Sale Recording Date: Apr 22, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016R08513
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Monroe

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$178

Below Asking

0.02%

Average Days on Market

53

Average Home Size

1881 ft²

Average Home Age

32.5 years

Currently For Sale

48 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MichRIC

Listed by: Brian Brickley, Guenther Homes, Inc.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23098910
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1117 Plum Grove Drive built and last sold?
The property at 1117 Plum Grove Drive was built in and last sold on Apr 19, 2016 for $230,206.
How much is this home worth?
The estimated value of the home located at 1117 Plum Grove Drive is $0.
What are some comparable homes to 1117 Plum Grove Drive?
There are currently no comparable homes to 1117 Plum Grove Drive.
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