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Sold for $47,500
    • $47,500

    5531 Drexel St, Detroit, MI 48213

    3beds
    1,266sqft
    Single Family Residence
    Built in 1933
    3,484 Square Feet Lot
    $69,700 Zestimate®
    $38/sqft
    $1,423 Estimated rent

    Home value

    $69,700

    $51,000 - $91,000

    $1,423/mo

    Zestimate® history
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    $1,423/mo

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    $1,423/mo

    Rent Zestimate®

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    $273/mo

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    $273/mo

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    What's special

    Discover potential at 5531 Drexel, Detroit, located across from the 4th largest park in Detroit, Chandler Park! Newer flooring & newer carpet throughout. Nestled in the heart of a warm and close-knit community, this residence offers convenient access to local parks, schools, shopping, and dining. With some minor repairs and TLC, this property serves as a great investment opportunity or a place to call home! Property is sold as-is. BATVAI.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jay Naim 313-571-6581,

    EXP Realty Main

    Bought with:

    Nathan Burns, 6501360332

    Keller Williams Realty-Great Lakes

    Source: Realcomp II,MLS#: 20240021042MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Hot Water, Natural Gas
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,266 sqft
    • Finished area above ground: 1,266

    Property

    Parking
    • Parking features: No Garage
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: GroundLevelwSteps
    • Pool features: None
    Lot
    • Size: 3,484 Square Feet
    • Dimensions: 35.00 x 100.00
    Details
    • Parcel number: W21I050778S
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Foundation: Basement, Poured
    Condition
    • New construction: No
    • Year built: 1933

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: PARKSIDE MANOR
    HOA
    • Has HOA: No
    Location
    • Region: Detroit

    Financial & listing details

    • Price per square foot: $38/sqft
    • Tax assessed value: $6,616
    • Annual tax amount: $811
    • Date on market: 4/3/2024
    • Cumulative days on market: 94 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    7/7/2026Listing removed$49,900+5.1%$39/sqft
    Source: Realcomp II #20240003075 Report a problem
    9/24/2024Listing removed$1,300$1/sqft
    Source: Zillow Rentals Report a problem
    9/10/2024Listed for rent$1,300$1/sqft
    Source: Zillow Rentals Report a problem
    9/2/2024Listing removed$1,300$1/sqft
    Source: Zillow Rentals Report a problem
    8/21/2024Listed for rent$1,300+8.3%$1/sqft
    Source: Zillow Rentals Report a problem
    6/7/2024Sold$47,500-4.8%$38/sqft
    Source: Realcomp II #20240021042 Report a problem
    4/23/2024Pending sale$49,900$39/sqft
    Source: Realcomp II #20240021042 Report a problem
    3/26/2024Price change$49,900-16.7%$39/sqft
    Source: Realcomp II #20240003075 Report a problem
    3/7/2024Price change$59,900-7.8%$47/sqft
    Source: Realcomp II #20240003075 Report a problem
    1/16/2024Listed for sale$65,000+111%$51/sqft
    Source: Realcomp II #20240003075 Report a problem
    12/2/2022Listing removed--
    Source: Zillow Rental Network_1 Report a problem
    8/31/2022Listed for rent$1,200+26.3%$1/sqft
    Source: Zillow Rental Network_1 Report a problem
    10/15/2019Listing removed$950$1/sqft
    Source: Go Section8 Report a problem
    8/29/2019Listed for rent$950$1/sqft
    Source: Clara Robinson PA Report a problem
    3/27/2019Sold$30,800$24/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $14,100 +22.6%
    2024-- $11,500 +19.8%
    2023-- $9,600 +57.4%
    2022-- $6,100 -6.2%
    2021-- $6,500
    2020$1,192 +71.7%$6,500 +24.5%
    2019$694 $5,220 -3.3%
    2018$694 $5,400
    2017-- $5,400
    2016$716 $5,400
    2015$716 +13.1%$5,400 -14.7%
    2013$633 -11.6%$6,331 -31.8%
    2010$716 $9,281 -12%
    2009-- $10,547 -13.5%
    2008-- $12,193
    2007-- $12,193 +5.5%
    2005$125 $11,557 +3%
    2004-- $11,220
    Find assessor info on the county website

    Neighborhood: Chandler Park

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $69,700
    2% more
    +$1,394
    With Zillow Showcase(estimated)
    $71,094

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