NOT LISTED FOR SALE

5261 W Outer Dr Detroit, MI 48235

Schulze Neighborhood

Estimated Value: $227,000 - $270,000

3 Beds
1.5 Baths
2,333 Sq Ft
$105/Sq Ft Est. Value

Last Sold February 08, 2023

Last sale price $210,000 $90 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,832/month

12 Days on Market

Highlights

  • 0.22 Acre Lot
  • Colonial Architecture
  • 1 Car Detached Garage
  • Cass Technical High School Rated 10
  • No HOA
  • Patio

About This Home

As of February 2023

This home is a must see! Plenty of room for entertaining, this home is located on a beautiful block

Last Agent to Sell the Property

Kirsten Johnson

Coldwell Banker Realty-Commerce License #6501399102 Listed on: 11/15/2022

Coldwell Banker Realty-Commerce

Last Buyer's Agent

Michelle Swain

Michelle Renee Swain License #RCO-6501319311

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1939

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 70.00 x 134.00

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,333 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Built-In Electric Oven
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • Ground Level

Community Details

  • No Home Owners Association
  • Blackstone Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I125273S

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,380

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 240.00
  • Year Built: 1939
  • State Equalized Value: 66300.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Furnished - Partially
  • Room Count: 11
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Built-In Electric Oven, Free-Standing Refrigerator
  • Sq Ft Combined: 3633
  • Sq Ft Lower Floor: 1300
  • Total Sq Ft: 2333
  • Sq Ft Total Bsmt: 1300

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 40
  • Porch Type: Patio
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.22
  • Lot Dimensions: 70.00 x 134.00
  • Parcel Number: W22I125273S

Tax Info

  • Tax Amount Summer: 2100.0000
  • Tax Amount Winter: 280.0000
  • Total Tax: 2380.0000
  • Taxable Value: 30602.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2022
Closed on
Feb 8, 2023
Sold by
Shockley Drake
Bought by
Oldham Brandy
Seller's Agent
Kirsten Johnson
Coldwell Banker Realty-Commerce
Buyer's Agent
Michelle Swain
Michelle Renee Swain
List Price
$225,000
Sold Price
$210,000
Premium/Discount to List
-$15,000
-6.67%
Views
22
Current Estimated Value
$237,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,873
Avg. Annual Appreciation
6.10%
Original Mortgage
$203,700
Outstanding Balance
$198,175
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$45,739

Purchase Details

Closed on
Jan 23, 2017
Sold by
Shockley Yvonne
Bought by
Shockley Yvonne
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Oldham Brandy $210,000 Ata National Title
Shockley Yvonne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oldham Brandy $203,700
Previous Owner Shockley Fred L $20,001
Previous Owner Shockley Fred L $188,979
Closed Oldham Brandy $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2023 02/08/23 Sold $210,000 -6.7% $90 / Sq Ft
11/28/2022 11/28/22 Pending -- -- --
11/15/2022 11/15/22 For Sale $225,000 -- $96 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

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 $6,434 $127,600 $0 $0
2024 $6,434 $105,600 $0 $0
2023 $2,714 $81,500 $0 $0
2022 $2,915 $66,300 $0 $0
2021 $2,826 $51,500 $0 $0
2020 $2,825 $47,700 $0 $0
2019 $2,777 $36,000 $0 $0
2018 $2,396 $28,000 $0 $0
2017 $480 $25,300 $0 $0
2016 $2,491 $33,500 $0 $0
2015 $3,350 $33,500 $0 $0
2013 $4,923 $49,234 $0 $0
2010 -- $72,184 $2,144 $70,040
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Kirsten Johnson

    Coldwell Banker Realty-Commerce

    Section Image
  • Michelle Swain

    Buyer's Agent in 2023

    Michelle Swain

    Michelle Renee Swain

    (313) 414-6910

    1 in this area

    20 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 20221060082

Realcomp

APN: 22-125273

Michigan Wayne County Detroit 48235 Schulze

5261 W Outer Dr, Detroit, MI

This home is located at 5261 W Outer Dr, Detroit, MI 48235 since 15 November 2022 and is currently estimated at $245,679, approximately $105 per square foot. This property was built in 1939. 5261 W Outer Dr is a home located in Wayne County with nearby schools including Schulze Academy for Technology and Arts, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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