Pending
517 John Anderson Court, 71, Monroe, MI 48162
$55,000
MLS # 20261038834 (Realcomp)
1 bed1 bath641 sqftBuilt 19680 acres
1 / 18
Listing Description
Why rent when you can own? This super clean 1-bedroom condo in a centrally located Monroe community offers immediate occupancy and low-maintenance living at an affordable price point! Featuring brand new vinyl plank flooring throughout, fresh paint, and a bright, move-in ready interior, this condo is perfect for a first-time buyer, downsizer, or investor. Low HOA dues of only $250/month make ownership easy and affordable. Conveniently located near shopping, restaurants, and expressways for an easy commute. Just unpack and move right in! *No rentals are allowed.
Source: SparkMLS
About this home
Located in Monroe in Monroe, this property offers 1-bedroom, 1-bath, 641 sq ft, with original construction dating to 1968.
Asking $55,000 (about $86/sq ft).
Annual property taxes run approximately $1,107 ($92/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by Michigan Gas Utilities Corporation.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms1
Bathrooms1
Living Area641 sqft
Year Built1968
Stories1
Location
CityMonroe
MunicipalityMonroe City
Zip Code48162
CountyMonroe
School DistrictMonroe
Construction & Systems
ConstructionBrick, Vinyl Siding
BasementSlab
HeatingBaseboard
WaterPublic
SewerPublic
Sale & Financing
Listed5/27/2026
Original Price$60,000
Terms AcceptedCash, Conventional
HOA
HOA Fee$250 / Monthly
Source: SparkMLS
Tax Information
Annual Tax$1,107
Parcel #58556901213071
Source: SparkMLS
Legal Description
WOODCREST CONDOMINIUMS UNIT 71
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Jasmine Sheffield
Century 21 Curran & Oberski
Frequently Asked Questions about 517 John Anderson Court, 71, Monroe, MI 48162
Which school district serves 517 John Anderson Court, 71, Monroe, MI 48162?
Per MLS# 20261038834, 517 John Anderson Court, 71, Monroe, MI 48162 is in the Monroe boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Monroe directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 20261038834, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 517 John Anderson Court, 71, Monroe, MI 48162?
Per public tax records, annual property taxes for this property are $1,107. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 517 John Anderson Court, 71, Monroe, MI 48162 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 517 John Anderson Court, 71, Monroe, MI 48162 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 517 John Anderson Court, 71, Monroe, MI 48162?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Michigan Gas Utilities Corporation. Sewer: Public. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Monroe County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Monthly payment$607
Principal & interest$357
HOA$250
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Michigan Gas Utilities Corporation
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
517 John Anderson Court, 71, Monroe, MI 48162
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Municipality
Monroe
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County
Monroe County
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