Elba Township · Lapeer County

Monticello Estates

Closed-sale statistics for Monticello Estates, with the property-tax reality attached — computed 2025-10-05 to 2026-10-05, not scraped from listings.

Median sale price: $196,500
Median days on market: 14
List-to-sale ratio: 95.3%

By Cyrus Wheeler, Broker/Owner · Updated October 5, 2026 · Realcomp closed sales

Source: Realcomp II Ltd. Statistics compiled from Realcomp data. Window: 2025-10-05 to 2026-10-05. A project is first published at n ≥ 6 closed sales and stays up while n ≥ 4; this page is computed from 6.

What taxes actually become here

Michigan taxable value uncaps the year after you buy (MCL 211.27a). At this subdivision's median price of $196,500, in Lapeer Community School District at 22.26 homestead mills, the year-two bill is approximately $2,187 — regardless of what the seller currently pays. The listing will almost certainly show less. Run your own number.

How Monticello Estates compares

Monticello Estates is the only Elba Township project we publish statistics for this window. Across the 5 Lapeer County projects we track, the median is $227,450 — Monticello Estates sits 14% below it. Browse the county on the subdivisions hub.

For sale in Monticello Estates right now

$130,000

1988 S Elba Road · Elba Township

2 bd · 1 ba · 1,200 sqft

Listing courtesy of Coldwell Banker Professionals

$289,999

1926 New Rochelle Drive · Elba Township

5 bd · 4 ba · 1,610 sqft

Listing courtesy of RE/MAX Plus

IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-10-05T17:20-04:00; refreshed at least twice daily.

This is the median. Your number depends on the address.

Median statistics cannot price a specific house. For one address we can compute the year-two tax bill, the escrow impact, eligibility for down-payment programs, and — if you own here — what a sale would actually net after transfer tax and payoff.

Get my numbers for an address Affordability calculator

Common questions

What is the median home price in Monticello Estates?

The median closed sale price in Monticello Estates (Elba Township) is $196,500, from 6 sales 2025-10-05 to 2026-10-05.

What will property taxes be after buying in Monticello Estates?

At the median price, taxable value uncaps to roughly $98,250 and the year-two bill in Lapeer Community School District is approximately $2,187 at homestead rates.

More context: Elba Township property tax rates · school district breakdowns · all calculators