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Single Family ResidenceResidential
$156,456$183 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 94How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $95,000 on Mar 28, 2019

40 CHESTNUT ST

MONROE, MI 48162
2
Beds
1
Baths
853 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.17 ac
Lot SizeThe size of the land the home sits on, from county records.
1940
Year BuiltThe year the home was originally built, according to county records.
1
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$156K
$147K low$166K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$95,000 · Mar 28, 2019

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,811 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$70,200 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$70,200
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$66,500
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$140,400

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.32
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
1
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
67
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
69
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
26
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Ranch
CountyMONROE
Lot (acres)The size of the land the home sits on, from county records.0.17
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Arborwood Elementary SchoolD+
Elementary · Grades KG–6 · 0.6 mi
M
Monroe Middle SchoolB-
Middle · Grades 7–8 · 1.9 mi
H
Monroe High School
High · Grades 9–12 · 2.8 mi

District: Monroe Public Schools

Neighborhood · ZIP 48162These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.115
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.115
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.32

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.18%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.10%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.29,061
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.496 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$69,408
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$86,227
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.34 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.53%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

40 Chestnut St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 85% of homes in Monroe 48162
  • Costs more per square foot than 73% of homes in Monroe 48162
  • Smaller than 93% of homes in Monroe 48162
  • Has a smaller lot than 86% of homes in Monroe County
  • Older than 74% of homes in Monroe County

What homes are worth in Monroe 48162

Each bar is how many homes fall in that price range. The marker is this home.

This home
$93K$519K

This home is worth more than 15% of homes in Monroe 48162.

How it measures up in Monroe 48162

The dot is this home. The mark in the middle is the typical home in Monroe 48162.

Estimated value$156,456
CheaperTypical $221,508Pricier

Pricier than 15% of homes nearby

Price per ft²$183
CheaperTypical $162Pricier

Pricier than 73% of homes nearby

Living area853 ft²
SmallerTypical 1,368 ft²Bigger

Bigger than 7% of homes nearby

Lot size0.17 ac
SmallerTypical 0.25 acBigger

Bigger than 24% of homes nearby

Year built1940
OlderTypical 1956Newer

Newer than 28% of homes nearby

How 40 Chestnut St ranks against every home in each area.
MeasureThis homeMonroe 48162Monroe County
Estimated valuepricier than$156,45615% of homes20% of homes
Price per ft²pricier than$18373% of homes69% of homes
Living areabigger than853 ft²7% of homes7% of homes
Lot sizebigger than0.17 ac24% of homes14% of homes
Year builtnewer than194028% of homes26% of homes

About 40 Chestnut St

How much is 40 Chestnut St, Monroe, MI worth?

The TopHap Estimate for 40 Chestnut St, Monroe, MI is $156,456 as of Aug 30, 2026. The likely range is $146,913 to $165,999. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 40 Chestnut St, Monroe, MI last sell?

40 Chestnut St, Monroe, MI last sold on Mar 28, 2019 for $95,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 40 Chestnut St, Monroe, MI?

40 Chestnut St, Monroe, MI has 2 bedrooms, 1 bathrooms, 853 square feet of living space and a 0.17-acre lot.

When was 40 Chestnut St, Monroe, MI built?

40 Chestnut St, Monroe, MI was built in 1940, making it 86 years old. It is a ranch home.

What schools serve 40 Chestnut St, Monroe, MI?

40 Chestnut St, Monroe, MI is assigned to Arborwood Elementary School (elementary), rated D+; Monroe Middle School (middle), rated B-; Monroe High School (high). All sit in Monroe Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 40 Chestnut St, Monroe, MI compare to other homes in Monroe 48162?

Among the 10,068 homes in Monroe 48162, it is worth more than 15% of them ($156,456 against a typical $221,508), its price per square foot is higher than 73% of them ($183 against a typical $162), it is bigger than 7% of them (853 ft² against a typical 1,368 ft²), its lot is bigger than 24% of them (0.17 ac against a typical 0.25 ac) and it is newer than 28% of them (1940 against a typical 1956). Measured against all of Monroe County, it is worth more than 20% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 40 Chestnut St, Monroe, MI?

The 2025 property tax bill for 40 Chestnut St, Monroe, MI was $1,811. The county assessed it at $70,200.

More homes on Chestnut St

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Assigned schools

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