NOT LISTED FOR SALE

5270 Drexel St Detroit, MI 48213

Chandler Park Neighborhood

Estimated Value: $58,383 - $82,000

4 Beds
2 Baths
1,936 Sq Ft
$39/Sq Ft Est. Value

Last Sold May 01, 2019

Last sale price $37,500 $19 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $490/month

4 Days on Market

Highlights

  • Porch
  • Forced Air Heating System
  • 4-minute walk to Chandler Park
  • Cass Technical High School Rated 10

About This Home

As of May 2019

Investors! Investors! Investors! Motivated Seller! Walking distance to Beautiful Chandler Park! Academy Schools nearby. 2 family residence with tenants who want to stay and purchase from new buyer. Brick with vinyl exterior. Roof and vinyl about within 10 years old. Hardwood parquet entry, hardwood floors throughout, newer kitchen and unfinished basement. Upper same as the lower, 2 bedrooms, hardwood floors, newer kitchen. CORRECTION: NO garage
Some updating could be used.

Last Agent to Sell the Property

Roschelle Laughhunn

EXP Realty Main License #6501409123 Listed on: 04/01/2019

Last Buyer's Agent

Roschelle Laughhunn

EXP Realty Main License #6501409123 Listed on: 04/01/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929 | Remodeled in 2012

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 35x100

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,936 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Rain Gutter Guard System
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Community Details

  • 2 Units
  • Parkside Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I050676S

Property Details

Home Type

Multi-Family

Year Built

Built in 1929 | Remodeled in 2012

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 340
  • Year Built: 1929
  • Year Renovated: 2012
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1936
  • Total Sq Ft: 1936
  • Sq Ft Total Bsmt: 947

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Gutter Guard System
  • Foundation Materials: Block
  • Frontage Feet: 35
  • Porch Type: Porch
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 468750.0000
  • Lot Size Area: 0.08
  • Lot Dimensions: 35x100
  • Parcel Number: W21I050676S
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 750

Tax Info

  • Tax Amount Summer: 1071.0000
  • Tax Amount Winter: 90.0000
  • Total Tax: 1161.0000

Multi Family

  • Gross Scheduled Income: 9000.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2025
Sold by
Detroit Land Bank Authority
Bought by
Thompson Shanita
Current Estimated Value
$75,846

Purchase Details

Closed on
Dec 21, 2022
Sold by
Wayne County Treasurer
Bought by
Detroit Land Bank Authority

Purchase Details

Listed on
Apr 1, 2019
Closed on
Jun 1, 2019
Sold by
The Belgrave Family Trust
Bought by
Akingbade Oluyinka and Omotoso Foluke
Seller's Agent
Roschelle Laughhunn
EXP Realty Main
Buyer's Agent
Roschelle Laughhunn
EXP Realty Main
List Price
$36,500
Sold Price
$37,500
Premium/Discount to List
$1,000
2.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.66%

Purchase Details

Closed on
Jun 20, 2009
Sold by
Belgrave Marcus B
Bought by
Belgrave Marcus B
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Thompson Shanita $3,100 First American Title
Detroit Land Bank Authority -- --
Akingbade Oluyinka $37,500 None Available
Belgrave Marcus B -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2019 05/01/19 Sold $37,500 0.0% $19 / Sq Ft
04/05/2019 04/05/19 Pending -- -- --
04/05/2019 04/05/19 Price Changed $37,500 +2.7% $19 / Sq Ft
04/01/2019 04/01/19 For Sale $36,500 -- $19 / 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 $1,014 $0 $0 $0
2024 $1,014 $4,600 $0 $0
2023 $633 $3,800 $0 $0
2022 $1,414 $13,600 $0 $0
2021 $1,379 $11,900 $0 $0
2020 $1,473 $12,800 $0 $0
2019 $1,201 $11,700 $0 $0
2018 $1,071 $9,500 $0 $0
2017 $180 $9,500 $0 $0
2016 $1,319 $14,300 $0 $0
2015 $1,098 $14,300 $0 $0
2013 $1,064 $16,688 $0 $0
2010 -- $24,468 $626 $23,842
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Roschelle Laughhunn

    EXP Realty Main

See All Agents

Map

Source: Realcomp

MLS Number: 219028154

Realcomp

APN: 21-050676

Michigan Wayne County Detroit 48213 Chandler Park

5270 Drexel St, Detroit, MI

This home is located at 5270 Drexel St, Detroit, MI 48213 since 01 April 2019 and is currently estimated at $75,846, approximately $39 per square foot. This property was built in 1929. 5270 Drexel St is a home located in Wayne County with nearby schools including Edward 'Duke' Ellington Conservatory of Music and Art, Carstens Academy of Aquatic Science, and Charles L. Spain Elementary-Middle School.

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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