Seller's Agent in 2025
Tekeila Steen
Keller Williams Realty-Great Lakes
(810) 882-8559
2 in this area
17 Total Sales
5530 Alter Rd Detroit, MI 48224
Morningside Neighborhood
5
Beds
3.5
Baths
2,512
Sq Ft
4,792
Sq Ft Lot
Highlights
- Traditional Architecture
- No HOA
- Forced Air Heating System
- Cass Technical High School Rated 10
- 2 Car Detached Garage
- 4-minute walk to Corrigan Playground
About This Home
As of June 2025Welcome to this full gem in the desirable 48224 zip code! This property offers incredible potential, featuring multi-family 5 spacious bedrooms (3 on the first floor and 2 upstairs), 3 full bathrooms, and a convenient half bath in the basement. With separate living and dining rooms on both floors, this home provides ample space and privacy. Recent upgrades include a brand-new roof and new gutters (11/2024), ensuring peace of mind for years to come. This property offers a spacious layout with a fireplace on the first floor, a spacious basement with two extra rooms, perfect for extra storage or workspace, and the 2-car garage offers additional value with some rehab needed. Whether you are looking to flip or hold for long-term rental income, this property offers endless possibilities, this will be a great investment situated in a beautiful neighborhood. Don’t miss this incredible opportunity – submit your offer today! This property is ready to generate rental income or serve as a fantastic owner-occupied home. Schedule a showing now and make it yours!
Last Agent to Sell the Property
Keller Williams Realty-Great Lakes License #6501444707 Listed on: 12/18/2024
Last Buyer's Agent
Keller Williams Realty-Great Lakes License #6501444707 Listed on: 12/18/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
Year Built
- Built in 1938
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 40.00 x 115.00
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- 2,512 Sq Ft Home
- 2-Story Property
- Unfinished Basement
Bedrooms and Bathrooms
- 5 Bedrooms
Parking
- 2 Car Detached Garage
- Front Facing Garage
- Driveway
Location
- Ground Level
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
- Wallace Frank B Alter Rd Gardens Subdivision
Listing and Financial Details
- Assessor Parcel Number W21I062959S
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 18, 2024
Closed on
May 30, 2025
Sold by
Navarro Silvio
Bought by
Li
Seller's Agent
Tekeila Steen
Keller Williams Realty-Great Lakes
Buyer's Agent
Tekeila Steen
Keller Williams Realty-Great Lakes
List Price
$125,000
Sold Price
$61,000
Premium/Discount to List
-$64,000
-51.2%
Views
212
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
$53,943
Avg. Annual Appreciation
544.57%
Purchase Details
Closed on
Oct 16, 2024
Sold by
Wayne County Treasurer
Bought by
Navarro Silvio
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $66,000 | None Listed On Document | |
| Warranty Deed | $66,000 | None Listed On Document | |
| Quit Claim Deed | $39,000 | None Listed On Document |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/05/2025 06/05/25 | Sold | $61,000 | -41.9% | $24 / Sq Ft |
| 05/30/2025 05/30/25 | Pending | -- | -- | -- |
| 02/16/2025 02/16/25 | Price Changed | $105,000 | -16.0% | $42 / Sq Ft |
| 12/18/2024 12/18/24 | For Sale | $125,000 | -- | $50 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
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 | $1,034 | $61,400 | $0 | $0 |
| 2024 | $1,034 | $50,700 | $0 | $0 |
| 2023 | $1,249 | $39,700 | $0 | $0 |
| 2022 | $1,323 | $35,900 | $0 | $0 |
| 2021 | $1,291 | $28,800 | $0 | $0 |
| 2020 | $1,290 | $26,500 | $0 | $0 |
| 2019 | $1,177 | $23,700 | $0 | $0 |
| 2018 | $1,039 | $20,700 | $0 | $0 |
| 2017 | $191 | $19,100 | $0 | $0 |
| 2016 | $1,138 | $18,500 | $0 | $0 |
| 2015 | $997 | $18,500 | $0 | $0 |
| 2013 | $966 | $21,638 | $0 | $0 |
| 2010 | -- | $31,724 | $847 | $30,877 |
Source: Public Records
Agents Affiliated with this Home
-
Tekeila Steen
Map
Source: Realcomp
MLS Number: 20240093046
APN: 21-062959
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.
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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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