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Sold for $123,000
  • $123,000

    5548 Three Mile Dr, Detroit, MI 48224

    3beds
    1,608sqft
    Single Family Residence
    Built in 1927
    4,791.6 Square Feet Lot
    $157,700 Zestimate®
    $76/sqft
    $1,635 Estimated rent

    Home value

    $157,700

    $144,000 - $172,000

    $1,635/mo

    Zestimate® history
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    What's special

    Newer windowsRefinished hardwood floors throughoutFreshly paintedUpdated kitchenCoved ceilingsBuilt in cabinetProfessionally renovated
    **There is no furnace or water heater in the house. Security cameras and house sitter are watching the property.**Move-in ready 3 BR / 1.5 BA colonial home in the Morningside Neighborhood of Detroit and on a block with many recently rehabbed homes. The house was just professionally renovated, cleaned and is ready for you to move in! Freshly painted, newer windows and refinished hardwood floors throughout. Lots of character touches with built in cabinet in dining room, newer light fixtures, coved ceilings and molding. Living room features a natural wood-burning fireplace. Updated kitchen with hookup available for a gas stove. Unfinished basement ready for finishing or for storage needs. Updated PEX plumbing system installed. Yard features a two and a half car detached garage and plenty of private outdoor space as the sale includes the 6ft privacy fenced in lot next door at 5540 Three Mile. Title is clear and seller is ready to convey a warranty deed at closing! Seller has two other properties on this block as well as others nearby and may be open to negotiating a package deal. Contact listing agent for more info. The home is located 3 blocks from East Warren Ave, currently undergoing $8.2M streetscape makeover and commercial corridor revitalization efforts. Easy access to I-94 + all of Metro Detroit. Note: Property taxes currently 100% non-homestead. Owner occupant is eligible for 50-100% homestead + NEZ for significant property tax savings!

    Zillow last checked:

    Listing updated:

    Listed by:

    Ryan Lally 313-288-0434,

    KW Grosse Pointe,

    Marianne Mouton 586-489-8516,

    KW Grosse Pointe

    Bought with:

    Greg Majewski, 6501415616

    Detroit Investment Company

    Source: Realcomp II,MLS#: 20221057437MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Bedroom
    • Level: Entry
    • Dimensions: 10 x 14
    Bedroom
    • Level: Second
    • Dimensions: 15 x 10
    Bedroom
    • Level: Second
    • Dimensions: 11 x 12
    Other
    • Level: Entry
    Other
    • Level: Second
    Dining room
    • Level: Entry
    • Dimensions: 14 x 12
    Flex room
    • Level: Entry
    • Dimensions: 12 x 9
    Kitchen
    • Level: Entry
    • Dimensions: 11 x 10
    Living room
    • Level: Entry
    • Dimensions: 13 x 19
    Heating
    • Forced Air, Natural Gas
    Features
    • Basement: Unfinished
    • Has fireplace: Yes
    • Fireplace features: Living Room
    Interior area
    • Total interior livable area: 1,608 sqft
    • Finished area above ground: 1,608

    Property

    Parking
    • Total spaces: 2
    • Parking features: Two Car Garage, Detached, Driveway, Garage Faces Front
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: GroundLevelwSteps
    • Patio & porch: Covered, Patio, Porch
    • Pool features: None
    • Fencing: Back Yard,Fenced
    Lot
    • Size: 4,791 sqft
    • Dimensions: 39.00 x 120.00
    Details
    • Parcel number: W21I071195S
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Brick, Vinyl Siding
    • Foundation: Basement, Block
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1927
    • Major remodel year: 2023

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Detroit
    • Subdivision: HENRY RUSSELLS THREE MILE DRIVE SUB NO 1 (PLATS)

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,FHA 203K,Trade 1031 Exchange,Va Loan,Warranty Deed

    Price history

    DateEventPrice
    12/29/2023Sold$123,000-3.1%$76/sqft
    Source: Realcomp II #20221057437 Report a problem
    11/28/2023Pending sale$126,900$79/sqft
    Source: Realcomp II #20221057437 Report a problem
    11/13/2023Contingent$126,900$79/sqft
    Source: Realcomp II #20221057437 Report a problem
    11/6/2023Price change$126,900-10%$79/sqft
    Source: Realcomp II #20221057437 Report a problem
    10/3/2023Price change$141,000-6%$88/sqft
    Source: Realcomp II #20221057437 Report a problem
    9/29/2023Listed for sale$150,000+614.3%$93/sqft
    Source: Realcomp II #20221057437 Report a problem
    10/25/2018Sold$21,000+5.5%$13/sqft
    Source: Public Record Report a problem
    5/21/2018Listing removed$19,900$12/sqft
    Source: RE/MAX Leading Edge #218043060 Report a problem
    5/17/2018Listed for sale$19,900+696%$12/sqft
    Source: RE/MAX Leading Edge #218043060 Report a problem
    7/24/2015Sold$2,500-34.2%$2/sqft
    Source: Agent Provided Report a problem
    7/20/2015Pending sale$3,800$2/sqft
    Source: City Management Group, Inc. #31241499 Report a problem
    6/26/2015Price change$3,800-30.9%$2/sqft
    Source: City Management Group, Inc. #31241499 Report a problem
    6/23/2015Price change$5,500-3.5%$3/sqft
    Source: City Management Group, Inc. #31241499 Report a problem
    5/28/2015Price change$5,700-5%$4/sqft
    Source: City Management Group, Inc. #31241499 Report a problem
    5/7/2015Listed for sale$6,000+1.7%$4/sqft
    Source: City Management Group, Inc. #31241499 Report a problem
    11/30/2011Listing removed$5,900$4/sqft
    Source: NCI #31007876 Report a problem
    1/11/2011Pending sale$5,900$4/sqft
    Source: Keller Williams - Great Lakes #31007876 Report a problem
    12/11/2010Price change$5,900-1.7%$4/sqft
    Source: Keller Williams - Great Lakes #31007876 Report a problem
    11/15/2010Price change$6,000-14.3%$4/sqft
    Source: Keller Williams - Great Lakes #31007876 Report a problem
    7/10/2010Price change$7,000-12.5%$4/sqft
    Source: Keller Williams Realty #31007876 Report a problem
    5/29/2010Listed for sale$8,000$5/sqft
    Source: COLDWELL BANKER WEIR MANUEL-GPW #29151494 Report a problem
    3/1/2010Listing removed$8,000$5/sqft
    Source: COLDWELL BANKER WEIR MANUEL-GPW #29151494 Report a problem
    12/16/2009Listed for sale$8,000-92.4%$5/sqft
    Source: COLDWELL BANKER WEIR MANUEL-GPW #29151494 Report a problem
    12/19/2006Sold$105,000-31.8%$65/sqft
    Source: Public Record Report a problem
    8/25/2006Sold$154,000+105.3%$96/sqft
    Source: Public Record Report a problem
    3/1/2006Sold$75,000-47.1%$47/sqft
    Source: Public Record Report a problem
    9/24/2004Sold$141,784-6.1%$88/sqft
    Source: Public Record Report a problem
    5/14/2004Sold$151,000+155.9%$94/sqft
    Source: Public Record Report a problem
    6/25/2003Sold$59,000$37/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $34,000 +27.3%
    2024-- $26,700 +20.8%
    2023-- $22,100 +24.2%
    2022-- $17,800 +7.9%
    2021-- $16,500
    2020$2,316 +136.6%$16,500 +10%
    2019$979 $15,000 +13.6%
    2018$979 $13,200 +8.2%
    2017-- $12,200 +24.5%
    2016$2,707 $9,800
    2015$2,707 +7.5%$9,800 -61.1%
    2013$2,519 -7%$25,186 -31.8%
    2010$2,707 $36,926 -18%
    2009-- $45,032 -13%
    2008-- $51,761
    2007-- $51,761 +5.5%
    2005$228 $49,063 +3%
    2004-- $47,634 +180%
    2001$1,416 +9.5%$17,010 +2.6%
    2000$1,293 $16,573

    Find assessor info on the county website

    Neighborhood: Morningside

    Nearby schools

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    Estimated market value
    $157,700
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $157,700