5242 Alter Rd Detroit, MI 48224
Single Family Residence-- Beds, 1 Baths, 944 sqft
$33,000
(Estimated Value)
Estimated value provides a reasonable estimate of the property’s market value based on comparable properties and other factors.
It is not an actual appraisal, but it is a good starting point to determine the property’s actual value.
- Est. Refinance:
- $150/mo
5242 Alter Rd is a single family residence located in Detroit, MI 48224. Built in 1950, this property features 1 bathroom, 5,227 sq ft lot, and 944 sq ft of living space. The estimated market value for 5242 Alter Rd is $33,000.
For the surrounding community of Detroit, MI 48224, the average sale price for similar homes to 5242 Alter Rd is $22,655. The nearby schools include Brown Ronald Academy, East English Village Preparatory Academy and Hamilton Academy. The overall crime risk for this area is very high with 75 criminal and sex offenders residing within 1 mile. The natural disaster risk for this area includes very low earthquake risk, low tornado risk, and minimal flood risk.
Equity & Loan-to-value
$33,000
estimated value
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Outstanding Loan Amount
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Equity
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Loan-To-Value
Ownership Information
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The primary owner (or borrower) is the person in charge of the mortgage and ultimately responsible for making payments on the loan.
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Free with Trial |
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Indicates the ownership vesting type. Generally this describes the legal relationship between multiple owners or married persons.
|
Free with Trial |
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The address where the owner receives his/her tax bill. You may use this address to get in touch with the property owner.
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Free with Trial |
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The date when the current owner purchased the property.
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09/14/2012 |
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The type of financing used to purchase the property.
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Free with Trial |
Property Details: 5242 Alter Rd
- Single Family Residence
- Home Size: 944 sqft
- Lot Size: 5,227 sqft
- Built in: 1950
- Parcel Number: 210629378
- County: Wayne
- Subdivision: ABBOTT & BEYMERS SUNDERLAND PA
- Census: 4
- Tract: 501300
- Lot: 36
- Legal: Free With Trial
Home Expenses
Tax History
| Year | Taxes | Land | Improvements | Assessment |
| 2016 | $1,610 (+10.45%) | $0 | $0 | $15,400 |
| 2015 | $1,665 (+10.28%) | $0 | $0 | $16,200 |
| 2014 | $1,731 (+10.17%) | $0 | $0 | $17,014 |
| 2013 | $2,230 (+11.79%) | $0 | $0 | $18,904 |
| 2012 | $2,948 | $0 | $0 | $21,729 |
Transaction History
Market Comparison
This home $33,000
Estimated Value
vs
Comparable Sales$22,655
AVG SALES Price
Comparable Listings $35,257
AVG LIST Price
Comparable Sales
The average sales price of homes similar to 5242 Alter Rd is $22,655 ($24/sq.ft.)| Address | Sold Price | Sold Date | Price/sq ft | Sq.Ft. | Beds, Baths | Distance |
| 17836 Chandler Park Dr | $20,000 | 03/21/2018 | $22 | 890 sq.ft. | -- Bed, 1 Bath | 1.9 mi away |
| 17928 Chandler Park Dr | $14,000 | 03/21/2018 | $17 | 814 sq.ft. | -- Bed, 1 Bath | 2 mi away |
| 11320 Stockwell St | $6,000 | 03/20/2018 | $6 | 1,074 sq.ft. | -- Bed, 1 Bath | 1.4 mi away |
| 11238 Stockwell St | $8,000 | 03/20/2018 | $11 | 748 sq.ft. | 3 Bed, 1 Bath | 1.4 mi away |
| 5267 Maryland St | $26,400 | 03/19/2018 | $26 | 1,009 sq.ft. | -- Bed, 1 Bath | 0.1 mi away |
| 10716 McKinney St | $16,500 | 03/19/2018 | $15 | 1,072 sq.ft. | -- Bed, 1 Bath | 1.6 mi away |
| 11403 Lakepointe St | $7,350 | 03/15/2018 | $8 | 891 sq.ft. | -- Bed, 2 Bath | 1.7 mi away |
| 5534 Oldtown St | $68,000 | 03/12/2018 | $68 | 993 sq.ft. | -- Bed, 1 Bath | 1.5 mi away |
| 5100 Hereford St | $11,000 | 03/09/2018 | $11 | 977 sq.ft. | -- Bed, 1 Bath | 1.8 mi away |
| 10718 Marne St | $50,000 | 03/09/2018 | $57 | 880 sq.ft. | -- Bed, 1 Bath | 1.9 mi away |
Comparable Listings
- 10825 Worden St
- $34,000
- 2 Bd 1 Ba
- 890 SqFt
- 19749 Moross Rd
- $21,900
- 2 Bd 1 Ba
- 844 SqFt
- 12434 Laing St
- $45,000
- 2 Bd 1 Ba
- 851 SqFt
- 11635 Riad St
- $13,999
- 3 Bd 1 Ba
- 955 SqFt
- 5900 Bedford St
- $59,000
- 3 Bd 1.5 Ba
- 857 SqFt
