A home that is located on a prime street so you enjoy the beauty of the prestigious Boston Edison Historic district, with close proximity to all the culture and experiences of the city. One block from The Congregation that hosts a weekly farmers market and a short drive to the thriving restaurants and culture of Midtown and downtown. This five-bedroom home has been lovingly restored, respecting the original features of the house including original floors and wood-paneled dining room, while creating more functionality like a free standing tub and dinette for breakfast. With a formal dining room and a lovely backyard - this is a great home for entertaining. This home also features a detached 2-car garage and a basement that could be renovated for a bonus space. This dream home is also a great option for short term rentals. Currently performing as a successful AirBnB, and the business if available for purchase. Eligible for the NEZ-homestead 15-year property tax abatement.
Sold for $410,000
$410,000
1557 Edison St, Detroit, MI 48206
5beds
3,137sqft
Single Family Residence
Built in 1917
6,098 Square Feet Lot
$432,600 Zestimate®
$131/sqft
$3,529 Estimated rent
Home value
$432,600
$385,000 - $485,000
$3,529/mo
Zestimate® history
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List your homeWhat's special
Lovely backyardOriginal floorsPrime streetFree standing tubWood-paneled dining roomFormal dining room
Zillow last checked:
Listing updated:
Listed by:
Jay Taylor 313-410-1149,
Good Company,
Melissa Taylor 313-858-0325,
Good Company
Bought with:
Joyceson Richardson, 6506048981
U.S. Investor Group
Source: Realcomp II,MLS#: 20250003059
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Level: Second
- Dimensions: 14 x 20
Bedroom
- Level: Second
- Dimensions: 12 x 13
Bedroom
- Level: Second
- Dimensions: 15 x 14
Bedroom
- Level: Second
- Dimensions: 12 x 11
Bedroom
- Level: Third
- Dimensions: 18 x 15
Other
- Level: Second
Other
- Level: Third
Other
- Level: Entry
Dining room
- Level: Entry
- Dimensions: 15 x 12
Kitchen
- Level: Entry
- Dimensions: 12 x 12
Living room
- Level: Entry
- Dimensions: 20 x 12
Sitting room
- Level: Entry
- Dimensions: 11 x 13
Heating
- Hot Water, Natural Gas
Features
- Basement: Unfinished
- Has fireplace: Yes
- Fireplace features: Living Room
Interior area
- Total interior livable area: 3,137 sqft
- Finished area above ground: 3,137
Property
Parking
- Total spaces: 2
- Parking features: Two Car Garage, Detached
- Garage spaces: 2
Features
- Levels: Three
- Stories: 3
- Entry location: GroundLevelwSteps
- Patio & porch: Covered, Porch
- Pool features: None
- Fencing: Fenced
Lot
- Size: 6,098 Square Feet
- Dimensions: 45 x 134
Details
- Parcel number: W06I002421S
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Brick, Stucco
- Foundation: Basement, Brick Mortar
Condition
- New construction: No
- Year built: 1917
- Major remodel year: 2024
Utilities & green energy
- Sewer: Sewer At Street
- Water: Waterat Street
Community & HOA
Community
- Subdivision: BOSTON BLVD (PLATS)
HOA
- Has HOA: No
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $131/sqft
- Tax assessed value: $181,300
- Annual tax amount: $15,301
- Date on market: 1/14/2025
- Cumulative days on market: 43 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,Va Loan,Warranty Deed
Price history
| Date | Event | Price |
|---|---|---|
| 3/5/2025 | Sold | $410,000$131/sqft |
Source:  Realcomp II #20250003059 Report a problem | ||
| 3/3/2025 | Pending sale | $410,000$131/sqft |
Source: Realcomp II #20250003059 Report a problem | ||
| 1/14/2025 | Listed for sale | $410,000+9.3%$131/sqft |
Source: Realcomp II #20250003059 Report a problem | ||
| 12/9/2024 | Listing removed | $375,000$120/sqft |
Source: Realcomp II #20240068655 Report a problem | ||
| 11/22/2024 | Price change | $375,000-6%$120/sqft |
Source: Realcomp II #20240068655 Report a problem | ||
| 11/18/2024 | Price change | $399,000-6.1%$127/sqft |
Source: Realcomp II #20240068655 Report a problem | ||
| 10/17/2024 | Price change | $425,000-2.3%$135/sqft |
Source: Realcomp II #20240068655 Report a problem | ||
| 9/12/2024 | Listed for sale | $435,000+74%$139/sqft |
Source: Realcomp II #20240068655 Report a problem | ||
| 7/29/2022 | Sold | $250,000-5.7%$80/sqft |
Source: Realcomp II #20221003469 Report a problem | ||
| 7/11/2022 | Pending sale | $265,000$84/sqft |
Source: Realcomp II #20221003469 Report a problem | ||
| 6/15/2022 | Listed for sale | $265,000+39.5%$84/sqft |
Source: Realcomp II #20221003469 Report a problem | ||
| 1/9/2019 | Sold | $190,000+1709.5%$61/sqft |
Source: Public Record Report a problem | ||
| 12/18/2012 | Sold | $10,500-41.7%$3/sqft |
Source: Public Record Report a problem | ||
| 5/11/2012 | Listed for sale | $18,000+38.5%$6/sqft |
Source: RE/MAX Associates #31102211 Report a problem | ||
| 12/13/2011 | Sold | $13,000$4/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $181,300 +22.6% |
| 2024 | -- | $147,900 +30.5% |
| 2023 | -- | $113,300 +69.6% |
| 2022 | -- | $66,800 +20.1% |
| 2021 | -- | $55,600 |
| 2020 | $4,018 +49.9% | $55,600 +32.7% |
| 2019 | $2,681 | $41,900 +19% |
| 2018 | $2,681 | $35,200 +9.3% |
| 2017 | -- | $32,200 -25.5% |
| 2016 | $1,589 | $43,200 +34.2% |
| 2015 | $1,589 -64.4% | $32,200 -27.9% |
| 2013 | $4,469 +181.2% | $44,688 -28% |
| 2010 | $1,589 | $62,026 -18% |
| 2009 | -- | $75,642 -16% |
| 2008 | -- | $90,050 |
| 2007 | -- | $90,050 +5.5% |
| 2005 | $259 | $85,355 +3% |
| 2004 | -- | $82,869 |
Find assessor info on the county website
Neighborhood: Boston Edison
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Nearby schools
GreatSchools rating
- 4/10Thirkell Elementary SchoolGrades: PK-8Distance: 0.9 mi
- 4/10Northwestern High SchoolGrades: 9-12Distance: 1.5 mi
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Estimated market value
$432,600
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Estimated market value
$432,600
- Michigan
- Wayne County
- Detroit
- 48206
- Boston Edison
- 1557 Edison St
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