1506 Alter Rd is a 3,608 square foot townhouse on a 3,920 square foot lot with 3.5 bathrooms. - it last sold on February 24, 2022 for $60,000. Based on Redfin's Detroit data, we estimate the home's value is $237,334.
TownhomeProperty Type
1925Year Built
3,920 sq ftLot Size
$66Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$237,334
$177K since sold in February 2022$10K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 18.5% lower than the average sale price ($291K) of 6 comparable homes.
6 Unit Townhouse, 4-2 bedroom units and 2-1 bedroom units.
Public Records
Apr 15, 2008
Sold
$50,000
$14/sq ft
MiRealSource-MiMLS #3513
Nov 5, 2006
Listing Removed
—
Mar 24, 2006
Listed
$268,900
$75/sq ft
MiRealSource-MiMLS #4062
Sep 30, 2005
Listing Removed
—
Mar 18, 2005
Listed
$269,900
$75/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,004 (+0.4%)
2024
$5,979 (+105.5%)
2023
$2,910 (+160.1%)
2022
$1,119 (−11.9%)
2021
$1,271 (+41.8%)
2020
$896 (−8.9%)
2019
$984 (+3.1%)
2018
$955 (−94.0%)
2017
$15,816 (+1,559.6%)
2016
$953 (−3.0%)
2015
$982 (−2.7%)
2014
$1,009
Tax history for 1506 Alter Rd
Year
Property tax
Land + Additions
Assessment*
2025
$6,004 (+0.4%)
2024
$5,979 (+105.5%)
2023
$2,910 (+160.1%)
2022
$1,119 (−11.9%)
2021
$1,271 (+41.8%)
2020
$896 (−8.9%)
2019
$984 (+3.1%)
2018
$955 (−94.0%)
2017
$15,816 (+1,559.6%)
2016
$953 (−3.0%)
2015
$982 (−2.7%)
2014
$1,009
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R2
Two-Family Residential District
The R2 Two-Family Residential District is designed to protect and enhance those areas developed or likely to develop with single- or two-family dwellings. The district regulations are designed to promote a suitable environment for homes and for activities connected with family life. The only principal uses permitted by right are single- and two-family dwellings. Additional uses are conditional.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Property details
Interior
Basement Information
Basement Sq. Ft: 1,804
Bathroom Information
# of Full Baths: 3
# of 1/2 Baths: 1
Heating & Cooling
Heating Fuel Type: Gas
Heating Type: Forced Hot Water
Exterior
Exterior Information
Exterior Wall: Brick
Roof Covering Type: Asphalt
Roof Shape Type: Asphalt
Building Type: Flat
Property Information
Subdivision Name: TURNBULL & EPSTEANS JEFFERSON AVE
Living Sq. Ft: 3,608
Ground Floor Sq. Ft: 1,804
Building Sq. Ft: 3,608
# of Stories: 2
Stories Type: 2
Legal Description: E ALTER 26 TURNBULL & EPSTEANS JEFFERSON AVE SUB L26 P98 PLATS, W C R 21/300 37.93 IRREG
Lot Information
# of Buildings: 1
Land Sq. Ft: 3,920
Legal Lot Number: 26
Municipality Name: DETROIT
Acres: 0.09
County Use Description: RESIDENTIAL IMPROVED
State Use Description: RESIDENTIAL
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: —
Baths: 3.5
Sq. Ft.: 3,608
Stories: 2.0
Lot Size: 3,920 square feet
Style: Townhouse
Year Built: 1925
Year Renovated: —
County: Wayne County
APN: 21062724.
Home facts updated by county records on Aug 7, 2026
Around this home
Schools
Carstens Elementary-Middle School
Public PreK-8 • Assigned • 1.1mi
4/10
East English Village Preparatory Academy
Public 9-12 • Assigned • 2.1mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 96° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Detroit, MI • 48215
Average low and high temperatures (°F)
28
18
34
21
52
33
61
42
67
50
81
62
83
68
79
63
76
60
65
49
50
39
37
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 2.4 hours in December, placing it below the
U.S. average for solar exposure.
9.1 hrs
2.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$226,000 – $273,000
Sell confidently with a local market expert in Detroit. 3 minutes to get started.