Seller's Agent in 2021
Ryan Lally
KW Grosse Pointe
(313) 288-0434
16 in this area
173 Total Sales
5242 Alter Rd Detroit, MI 48224
Morningside NeighborhoodEstimated Value: $86,000 - $161,137
3
Beds
1
Bath
1,169
Sq Ft
$105/Sq Ft
Est. Value
Highlights
- No HOA
- Bungalow
- Gas Fireplace
- 2 Car Detached Garage
- Forced Air Heating System
- 3-minute walk to Corrigan Playground
About This Home
As of October 2021Totally rehabbed 3 BR, 1 BA brick bungalow in Detroit's Morningside neighborhood and the prized 48224 zip code! New flooring throughout. Updated vinyl windows. Freshly painted. New kitchen appliances, furnace and water heater will be installed prior to closing. Natural / wood-burning fireplace. New front porch. Fenced-in yard with new sod recently installed! Easy access to I-94 and downtown Detroit. Two car detached garage. Large public park across the street with walking path, kids playground, covered picnic areas. One block (4 minute walk) from nearest fire station. Close to East Warren Avenue and Mack Avenue redevelopment efforts, bike paths, thousands of jobs at Stellantis / FCA / Chrysler automotive factories, Chandler Park (one of the largest public parks and only public golf course in the City of Detroit!). Seller is willing to install central A/C for the right offer.
Last Agent to Sell the Property
KW Grosse Pointe License #6501398300 Listed on: 07/23/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
Year Built
- Built in 1950 | Remodeled in 2021
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 40.00x125.00
Parking
- 2 Car Detached Garage
Home Design
- Bungalow
- Brick Exterior Construction
- Block Foundation
- Asphalt Roof
Interior Spaces
- 1,169 Sq Ft Home
- 1.5-Story Property
- Gas Fireplace
- Living Room with Fireplace
- Unfinished Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Location
- Ground Level
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Abbott & Beymers Sunderland Pk Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number W21I062937C8
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 23, 2021
Closed on
Oct 1, 2021
Sold by
Bought by
Seller's Agent
Ryan Lally
KW Grosse Pointe
Buyer's Agent
Kathleen Kelchner
Oak and Stone Real Estate
List Price
$129,900
Sold Price
$126,000
Premium/Discount to List
-$3,900
-3%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,716
Avg. Annual Appreciation
-0.62%
Original Mortgage
$119,700
Outstanding Balance
$106,759
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$15,525
Purchase Details
Listed on
Mar 9, 2021
Closed on
Apr 29, 2021
Sold by
Bought by
Seller's Agent
Mikhail Grigoryan
Detroit Progress Realty LLC
Buyer's Agent
Mikhail Grigoryan
Detroit Progress Realty LLC
List Price
$54,000
Sold Price
$45,000
Premium/Discount to List
-$9,000
-16.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1060.54%
Purchase Details
Closed on
Jan 14, 2019
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Dec 6, 2018
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
May 2, 2016
Sold by
Bought by
Purchase Details
Closed on
Nov 16, 2012
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $126,000 | None Listed On Document | ||
| $45,000 | None Available | ||
| -- | None Available | ||
| $17,001 | None Available | ||
| $1,000 | None Available | ||
| $1,100 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $119,700 | ||
| Previous Owner | $250,000 | ||
| Previous Owner | $55,800 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/05/2021 10/05/21 | Sold | $126,000 | +0.9% | $108 / Sq Ft | |
| 09/09/2021 09/09/21 | Pending | -- | -- | -- | |
| 08/13/2021 08/13/21 | Price Changed | $124,900 | -3.8% | $107 / Sq Ft | |
| 07/23/2021 07/23/21 | For Sale | $129,900 | +188.7% | $111 / Sq Ft | |
| 05/03/2021 05/03/21 | Sold | $45,000 | -16.7% | $38 / Sq Ft | View Prior Sale |
| 03/23/2021 03/23/21 | Pending | -- | -- | -- | |
| 03/09/2021 03/09/21 | For Sale | $54,000 | -- | $46 / Sq Ft |
Source: Realcomp
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,521 | $32,700 | $0 | $0 |
| 2024 | $1,911 | $26,700 | $0 | $0 |
| 2023 | $1,495 | $21,000 | $0 | $0 |
| 2022 | $1,714 | $21,000 | $0 | $0 |
| 2021 | $1,612 | $16,800 | $0 | $0 |
| 2020 | $1,612 | $15,500 | $0 | $0 |
| 2019 | $1,085 | $14,200 | $0 | $0 |
| 2018 | $930 | $12,500 | $0 | $0 |
| 2017 | $218 | $11,500 | $0 | $0 |
| 2016 | $1,610 | $16,200 | $0 | $0 |
| 2015 | $1,620 | $16,200 | $0 | $0 |
| 2013 | $1,890 | $18,904 | $0 | $0 |
| 2010 | -- | $27,716 | $712 | $27,004 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Lally
-
Mikhail Grigoryan
Seller's Agent in 2021
Mikhail Grigoryan
Detroit Progress Realty LLC
(313) 888-6060
2 in this area
114 Total Sales
-
Kathleen Kelchner
Buyer's Agent in 2021
Kathleen Kelchner
Oak and Stone Real Estate
(586) 709-7538
1 in this area
18 Total Sales
Map
Source: Realcomp
MLS Number: 2210054888
APN: 21-0629378
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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