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Sold for $30,000
  • $30,000

    5232 Wayburn St, Detroit, MI 48224

    3beds
    902sqft
    Single Family Residence
    Built in 1937
    4,356 Square Feet Lot
    $51,300 Zestimate®
    $33/sqft
    $1,218 Estimated rent

    Home value

    $51,300

    $36,000 - $70,000

    $1,218/mo

    Zestimate® history
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    Owner options

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    $1,218/mo

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    $1,218/mo

    Rent Zestimate®

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    $173/mo

    Est. payment

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    $173/mo

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    What's special

    INVESTMENT OPPORTUNITY IN MORNINGSIDE! Located on the first block off Alter Rd. minutes away from Grosse Pointe Park. This home is ready for it’s next owner with construction experience. This property would work well for an investor looking for a value-add opportunity to flip OR rent out, or for an owner-occupant looking to make it their own. For investors interested in flipping: after repair value (ARV) of $120K+! Conveniently located within a few blocks of the new $8.2 million dollar East Warren streetscape makeover! Great location minutes away from I-94, hospital, restaurants & shopping.So much potential for a visionary to turn this diamond in the rough into a cash cow or your new primary residence! Schedule your private showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Nazareth Sanchez 313-728-6853,

    RE/MAX Leading Edge

    Bought with:

    Unidentified Agent

    Unidentified Office

    Source: Realcomp II,MLS#: 20230056287MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced Air, Natural Gas
    Features
    • Basement: Unfinished
    • Has fireplace: Yes
    • Fireplace features: Living Room
    Interior area
    • Total interior livable area: 902 sqft
    • Finished area above ground: 902

    Property

    Parking
    • Parking features: No Garage
    Features
    • Levels: One and One Half
    • Stories: 1
    • Entry location: GroundLevelwSteps
    • Pool features: None
    Lot
    • Size: 4,356 sqft
    • Dimensions: 36.00 x 125.00
    Details
    • Parcel number: W21I063459S
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Single Family Residence
    Materials
    • Brick, Vinyl Siding
    • Foundation: Basement, Block
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1937

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Above Ground Utilities, Cable Available

    Community & neighborhood

    Location
    • Region: Detroit
    • Subdivision: ABBOTT & BEYMERS SUNDERLAND PK SUB (PLATS)

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Contract,Conventional,FHA 203K,Warranty Deed

    Price history

    DateEventPrice
    8/9/2024Listing removed--
    Source: Zillow Rentals Report a problem
    6/28/2024Listed for rent$1,250+56.3%$1/sqft
    Source: Zillow Rentals Report a problem
    1/12/2024Sold$30,000-36.2%$33/sqft
    Source: Realcomp II #20230056287 Report a problem
    12/12/2023Pending sale$47,000$52/sqft
    Source: Realcomp II #20230056287 Report a problem
    10/28/2023Price change$47,000-5.8%$52/sqft
    Source: Realcomp II #20230056287 Report a problem
    7/27/2023Price change$49,900-9.3%$55/sqft
    Source: Realcomp II #20230056287 Report a problem
    7/14/2023Listed for sale$55,000-21.4%$61/sqft
    Source: Realcomp II #20230056287 Report a problem
    9/29/2021Sold$70,000+250%$78/sqft
    Source: Public Record Report a problem
    10/19/2020Listing removed$800$1/sqft
    Source: Justin Neil & Associates, LLC #2200083989 Report a problem
    10/9/2020Listed for rent$800$1/sqft
    Source: Justin Neil & Associates, LLC #2200083989 Report a problem
    9/9/2020Sold$20,000-31%$22/sqft
    Source: Public Record Report a problem
    6/14/2020Listed for sale$29,000+141.7%$32/sqft
    Source: Reynolds Real Estate, LLC #2200043793 Report a problem
    9/14/2016Listing removed$12,000$13/sqft
    Source: Owner Report a problem
    6/17/2016Listed for sale$12,000-52.3%$13/sqft
    Source: Owner Report a problem
    10/19/2007Sold$25,160$28/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $24,700 +27.3%
    2024-- $19,400 +13.5%
    2023-- $17,100 +22.1%
    2022-- $14,000 +7.7%
    2021-- $13,000
    2020$631 -42.9%$13,000 +9.2%
    2019$1,105 $11,900 +12.3%
    2018$1,105 $10,600 +8.2%
    2017-- $9,800 +197%
    2016$1,009 $3,300
    2015$1,009 +23.9%$3,300 -59.5%
    2013$814 -19.3%$8,144 -31.8%
    2010$1,009 $11,939 -12%
    2009-- $13,567 -13.5%
    2008-- $15,684
    2007-- $15,684 +5.5%
    2005$104 $14,866 +3%
    2004-- $14,433

    Find assessor info on the county website

    Neighborhood: Morningside

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $51,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $51,300