2039 CARSON LANE Monroe, MI. 48162

Q: How much do I need for a down payment in Monroe?

For a home priced around $249,900 in Monroe, you would need approximately $49,980 for a conventional 20% down payment, or as little as $8,746 with an FHA loan (3.5% down). In 2025, with mortgage rates around 6.5-7%, many buyers are exploring adjustable-rate mortgages (ARMs) or rate buydowns. First-time homebuyer programs in mi may offer down payment assistance through MSHDA (Michigan State Housing Development Authority).

Q: How long does it take to buy a house in Monroe?

The home buying process in Monroe typically takes 30-45 days from accepted offer to closing in 2025. This includes: home inspection contingency period (7-10 days), appraisal completion (1-2 weeks with current lender backlogs), and mortgage underwriting (2-3 weeks). Cash purchases can close in as little as 10-14 days. Getting pre-approved before house hunting is essential in today's market to compete with other buyers.

Q: How do I schedule a showing for this property?

This property is not currently listed for sale on the MLS. However, many homeowners are open to selling for the right price. Click 'More Info' above to inquire about this specific property, or browse homes for sale in Monroe. You can also set up alerts to be notified when similar properties come on the market.

Q: What should I look for during a home inspection in MI?

A thorough home inspection in MI should prioritize: Roof condition (crucial for Michigan winters and ice dams), foundation and basement (check for water intrusion, cracks, and radon - Michigan has elevated radon levels), HVAC system (furnace efficiency rating and age - replacements cost $4,000-$8,000), plumbing (galvanized pipes in pre-1970 homes need attention), electrical panel (200-amp service is standard for modern homes), and windows/insulation (major energy cost factor).

Q: Is 2026 a good time to buy a home in Monroe?

The 2026 housing market in Monroe presents both opportunities and challenges. Mortgage rates have stabilized in the 6.5-7% range after peaking in 2023. Home prices in Metro Detroit have appreciated 3-5% year-over-year, with Monroe following similar trends. Inventory remains tight but has improved from 2022-2023 lows. For buyers, the reduced competition compared to the 2021-2022 frenzy means more negotiating power. The best strategy is to get pre-approved, know your budget, and be ready to act when the right property appears.

Q: What are the current mortgage rates for Michigan home buyers?

As of January 2026, mortgage rates in Michigan for well-qualified buyers are approximately: 30-year fixed: 6.5-7.0%, 15-year fixed: 5.75-6.25%, 5/1 ARM: 5.5-6.0%, FHA loans: 6.25-6.75%, VA loans: 6.0-6.5%. Rates vary based on credit score, down payment, and loan type. For a $249,900 home with 20% down, the monthly principal and interest payment would be approximately $1,330 at 7% interest.

Q: How competitive is the housing market in Monroe?

The Monroe housing market in 2026 is moderately competitive. Well-priced homes in good condition typically receive 2-5 offers and sell within 2-3 weeks. Key factors affecting competitiveness: price point (homes under $300K see more competition), condition (move-in ready homes command premiums), and location (proximity to downtown, schools, and highways). To compete effectively, come with pre-approval, consider earnest money deposits of 1-2% of purchase price, and be flexible on closing dates.

Price:$249,900|Beds: 4|Baths: 2.1|Area: 2136 sq ft

Overview

This property sits on Carson Lane within Monroe's Forest Glen Condos community, an area known for its established homes and neighborhood appeal. With 4 bedrooms and 2.1 bathrooms spanning approximately 2,136 square feet, this 2018-built home provides ample room for daily living. The layout and location make this property particularly suitable for larger families seeking room to grow seeking stability in Monroe. Market data indicates this home may be valued between $334,217 and $340,968, reflecting current conditions in the Monroe housing market. Whether you're the owner exploring a sale or a buyer interested in off-market opportunities, we can help navigate your Monroe real estate goals.

Neighborhood Character

As a newer development in Monroe, Forest Glen Condos features contemporary construction standards and community-oriented design. As a more recent build, this property incorporates modern construction techniques and energy considerations standard in today's Monroe homes. Located within Monroe County, Monroe residents enjoy access to county services, regional parks, and the broader Metro Detroit area.

The home at 2039 Carson Ln Monroe, MI. 48162
featuring None stories. The property sits on a 7,797 square foot lot (0.18 acres) in the Forest Glen Condos subdivision within Frenchtown Twp. Key features include central air conditioning. Heating is provided by forced air unit.

Legal Description

LOT 12; FOREST GLEN CONDOMINIUMS; SEC 19, T6S-R9E&PC 654; SPLIT 2/28/05 FROM 07 654 001 00
County Registrar of Deeds Public Record

Alternative Address Formats

2039 Carson Ln

2039 Carson Ln Monroe, MI. 48162-9515

move in ready, new construction! Breault homes presents, the essex, elevation a. This is a 4 bedroom, 2.5 bathroom colonial. It features granite counter tops in the kitchen, master bathroom and full bathroom, hardwood floors in the kitchen, breakfast nook, powder room and entry. kitchen includes dishwasher and range hood. Ceramic tile in master bathroom, full bathroom and upstairs laundry room. Open floor plan between kitchen and great room. Sliding door wall in breakfast nook leads to backyard. Hoa allows fenced yard. Insulated basement with full 10 year warranty and egress window. Full one year builder warranty on home. Nelson energy seal on home included. No construction loan required.

More Information

MLS Number: 218076593
Price: $249,900.00
Current MLS Status: Sold
Status Date: 04/11/2019
Year Built: 2018
Square Footage: 2136
Price per SqFt: $116.99
Bedrooms: 4
Full Bathrooms: 2
Half Bathrooms: 1
Total Tax: $0
Has Basement: Yes
Down Payment Assistance: Call us for resources

Public Record Information

Estimated Value: $337,593
Square Footage: --
Lot Area: 0.18 acres (7,797 sqft)
Price per SqFt: $337,593.00
Year Built:
Stories: None
Bedrooms: n/a
Full Bathrooms: n/a
Taxes (from public record): $4,930
Tax Exemptions: Homestead
Approx. Loan Amount: $536,819
Subdivision: Forest Glen Condos
Municipality: Frenchtown Twp
Lot Number: 12
Zoning: R1D-RESIDENTIAL
Build Quality: D
Condition: Good
A/C Type: Yes
Heating Type: Forced Air Unit
Legal Description: LOT 12; FOREST GLEN CONDOMINIUMS; SEC 19, T6S-R9E&PC 654; SPLIT 2/28/05 FROM 07 654 001 00
APN (Parcel Number): 07-990-012-00 (0799001200)
FIPS Code: 26115
Property Type: Residential
Property Classification: Condominium Unit
County Land Use: Condominium (Residential) (407)
Owner City: Monroe, MI
Section/Township/Range: SEC 19 TWN 12 RNG 09E
Assessed Value (2024): $168,800
Market Assessment (2024): $337,600
Census Tract: 831100
Location Accuracy: Structure

Valuation

Estimated Value

$337,593

Range of Comparable Sales

Low: $334,217

High:

$340,968

Estimated Value Analysis

Based on recent comparable sales and market conditions, this property's estimated value is approximately $337,593. The confidence range spans from $334,217 to $340,968, reflecting variables such as property condition, specific features, and micro-market dynamics.

Factors Influencing Value

Several factors typically influence property values in this area:

Location: Proximity to employment centers, quality schools, and amenities in Monroe
Modern Construction: Newer homes typically feature current building codes and energy efficiency standards
Condition: Updated kitchens, bathrooms, and flooring typically command price premiums
Market Timing: Seasonal trends and inventory levels affect negotiating position

Exact Location

map of 2039 Carson Lane, Monroe, MI. 48162

Click for interactive map

Estimated Monthly Expenses

Total Monthly Cost	$1,843
HOUSING
Mortgage Payment (P&I, 20% down)	$
Property Tax	$
Homeowner's Insurance	$
HOA Fee	$
UTILITIES (Estimated)
Heating	$
Electric	$

Edit any value to recalculate total

Transaction History

*This data is provided from public record

Sale Date	Sale Price	Arm's-Length
06/02/2021	$298,500	Yes
04/24/2019	$249,000	Yes
04/18/2019		Yes

MLS Listing History

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Schools Nearby

Free Home Renovation Cost Estimator

Planning renovations for 2039 Carson Lane Monroe, MI. 48162? Get instant cost estimates for kitchen remodels, bathroom renovations, flooring, roofing, and more. Our free renovation calculator helps you budget accurately for your home improvement projects.

Kitchen Remodel
Bathroom Renovation
Flooring
Roofing
HVAC
Windows & Doors

Renovation Cost FAQs for Monroe, MI

Kitchen remodel costs in MI typically range from $15,000 to $75,000 depending on the scope. A minor kitchen remodel averages $15,000-$25,000, while a major kitchen renovation with new cabinets, countertops, appliances, and flooring can cost $40,000-$75,000 or more. Use our free renovation cost estimator for a personalized estimate based on your home's details.

Bathroom renovation costs typically range from $6,000 to $35,000. A basic bathroom update with new fixtures and paint costs $6,000-$15,000. A full bathroom remodel including new tile, vanity, toilet, shower/tub, and plumbing updates averages $15,000-$35,000. Luxury bathroom renovations with high-end finishes can exceed $50,000.

The renovations with the best return on investment (ROI) include: Garage door replacement (93-97% ROI), manufactured stone veneer (92-96% ROI), minor kitchen remodel (72-81% ROI), new siding (68-76% ROI), and window replacement (67-72% ROI). Curb appeal improvements and kitchen/bathroom updates typically provide the highest returns when selling your home.

Flooring costs vary by material: Laminate flooring (installed) $3-$8/sq ft, Luxury vinyl plank (LVP) $4-$10/sq ft, Hardwood flooring $8-$15/sq ft, Tile flooring: $7-$15/sq ft, Carpet: $3-$12/sq ft. For a 2136 sq ft home, expect to pay between $4,500 and $22,500 for full flooring replacement.

New roof costs depend on size and material. For a typical single-family home: Asphalt shingles: $8,000-$15,000, Architectural shingles: $10,000-$20,000, Metal roofing: $15,000-$30,000, Tile or slate: $20,000-$50,000+. Factors affecting cost include roof pitch, complexity, accessibility, and whether a tear-off is needed.

Our free renovation cost estimator is pre-loaded with this property's details including 2136 square feet of living space, 4 bedrooms, and 2.1 bathrooms. Simply select the renovation projects you're considering to get instant cost estimates based on current market rates for Monroe, MI.

Buying & Selling a Home in Monroe, MI

For a home priced around $249,900 in Monroe, MI, you would need approximately $49,980 for a conventional 20% down payment, or as little as $8,746 with an FHA loan (3.5% down). In 2025, with mortgage rates around 6.5-7%, many buyers are exploring adjustable-rate mortgages or rate buydowns. First-time homebuyer programs through MSHDA may offer down payment assistance. Contact our team to discuss financing options and get connected with trusted lenders.

Closing costs in MI typically range from 2-5% of the purchase price. For this property, expect closing costs between $4,998 and $12,495. This includes title insurance, appraisal fees ($400-$600), lender origination fees, escrow deposits, and recording fees. Michigan has a transfer tax of $7.50 per $1,000 of sale price (typically paid by seller) plus $0.55 per $500 county tax. Use our monthly expense calculator above to estimate your total housing costs.

The home buying process in Monroe typically takes 30-45 days from accepted offer to closing. This includes time for home inspection (7-10 days), appraisal (1-2 weeks), and mortgage underwriting (2-3 weeks). Cash purchases can close in as little as 10-14 days. Getting pre-approved before house hunting is essential to compete effectively and speed up the process. View all homes for sale in Monroe to start your search.

Property taxes in Monroe (48162) are based on the State Equalized Value (SEV), typically 50% of market value in Michigan. Michigan offers a Principal Residence Exemption (PRE) that reduces taxes by 18 mills for owner-occupied homes, potentially saving $1,000-$3,000 annually. See the estimated monthly expenses section for a breakdown including taxes, insurance, and utilities.

Homes recently sold within a mile of 2039 Carson Lane Monroe, MI. 48162

2239 Teton Avenue, Monroe, MI. 48162

Sold 06/14 for $360K

57050209206

3119 Lakeview, Monroe, MI. 48162

Sold 06/05 for $217K

57050202237

425 Fern Ct., Monroe, MI. 48162

Sold 06/12 for $170K

20261011689

3329 Elmwood, Monroe, MI. 48162

Sold 06/02 for $190K

57050202057

823 Michigan Ave, Monroe, MI. 48162

Sold 05/26 for $200K

57050205099

1480 Walnut St., Monroe, MI. 48162

Sold 06/13 for $195K

57050207660

74 Linswood, Monroe, MI. 48162

Sold 06/10 for $220K

57050194914

3199 Janea Rue, Monroe, MI. 48162

Sold 05/29 for $275K

57050115431

529 John Rolfe, Monroe, MI. 48162

Sold 06/08 for $240K

20261031390

2039 Carson Lane, Monroe, MI. 48162

Sold 06/14 for $400K

20261028623

415 Theodore Drive, Monroe, MI. 48162

Sold 06/05 for $220K

57050207013

The comparable sales shown above represent recent transactions for similar properties in the area. When evaluating these comps, consider how each property's specific features—such as updates, lot characteristics, and exact location—may differ from this Monroe home. Properties closest in size to this 2,136 square foot, 4-bedroom home typically provide the most relevant price guidance. Our team can provide a detailed comparative market analysis upon request.

Homes for sale within a mile of 2039 Carson Lane Monroe, MI. 48162

510 Ave De Lafayette Avenue, Monroe, MI. 48162

Selling for $750K

57050184091

824 Harbor, Monroe, MI. 48162

Selling for $90K

20261040623

1090 Cole Rd., Monroe, MI. 48162

Selling for $400K

57050211141

1693 Roman, Monroe, MI. 48162

Selling for $220K

57050211126

3202 Ferndale, Monroe, MI. 48162

Selling for $166K

57050210673

21 Lemerand, Monroe, MI. 48162

Selling for $140K

57050206335

3165 N Grove Drive, Monroe, MI. 48162

Selling for $379K

81026028997

523 John Anderson Court, Monroe, MI. 48162

Selling for $85K

57050210395

517 John Anderson #70, Monroe, MI. 48162

Selling for $55K

20261038834

450 Mason Run Blvd, Monroe, MI. 48162

Selling for $290K

57050209390

3484 Lakeshore Drive, Monroe, MI. 48162

Selling for $290K

57050211243

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Information deemed reliable but not guaranteed.
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd.

Real estate listings held by firms other than Snabby Real Estate are marked with the Realcomp Internet Data Exchange logo or thumbnail logo
and detailed information about them includes the Listing Broker's Firm Name. The information being provided is 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.
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