Google street view image for 5500 ALTER Rd, Detroit, MI 48224 2904

Off Market Apr 2025 for $99K

$127,089

•

1,146

sq ft

5500 ALTER Rd, Detroit, MI 48224 2904

About this home

Welcome to a beautifully updated 2-bedroom, 2-bath home offering comfort, security, and style. This home features a new roof, an updated kitchen, and a bonus room in the expansive basement, perfect for extra living space, a home office, or a recreation area. Enjoy the convenience of an attached garage and the privacy of a fully fenced yardâ€”ideal for pets, entertaining, or relaxation. Security is a top priority with installed cameras for added peace of mind. Located in a growing Detroit neighborhood, this home offers both modern amenities and classic charm. Don't miss this fantastic opportunity! Schedule your showing today!

Single-familyProperty Type

1948Year Built

4,791 sq ftLot Size

$111Est. Price/Sq.Ft.

2 car garageParking

Listed by Elijah Cook • KW Metro

•248-288-3500 (broker)

•klrw608@kw.com (broker)

Bought with Daniel Nanney • Imagine Home Realty

•313-456-9898 (broker)

•info@imaginehomerealty.com (broker)

Redfin checked: 2 minutes ago

•Source:MiRealSource-MiMLS #60369964

Redfin Estimate

$127,089

$28K since sold in April 2025$9,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 30.5% higher than the average sale price ($97K) of 5 comparable homes.

SOLD MAY 18, 2026
$75,000
A
2 beds2 baths959 sq ft
4861 Nottingham Rd, Detroit, MI 48224 3425
SOLD MAR 9, 2026
$152,000
B
3 beds1.5 baths1,113 sq ft
5721 Somerset Ave, Detroit, MI 48224 3118
SOLD MAY 19, 2026
$124,900
C
3 beds1 bath1,150 sq ft
5574 Maryland St, Detroit, MI 48224
SOLD JUN 22, 2026
$55,000
D
3 beds1 bath1,157 sq ft
5108 Wayburn St, Detroit, MI 48224 3035
SOLD MAR 26, 2026
$80,000
E
3 beds1.5 baths1,366 sq ft
4643 Somerset Ave, Detroit, MI 48224 3428

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Rent

$1,110/mo

Redfin rental estimate

List your home for rent

Market trends in 48224, MI

Last updated August 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

94.0%

0.8% MoM

Median sale price

$84,963

$15K MoM

Avg. days on market

70d

10 days MoM

Recently sold homes

145

2 MoM

New listings for sale

$219,900
— beds2 baths2,200 sq ft
4652-4654 Haverhill St, Detroit, MI 48224 3520
(313) 963-9891
NEW 17 HRS AGO
$75,000
3 beds1 bath1,894 sq ft
10642 MCKINNEY St, Detroit, MI 48224 1823
(313) 644-0034
NEW 20 HRS AGO
$230,000
3 beds1 bath1,702 sq ft
10852 Balfour Rd, Detroit, MI 48224-1827
(248) 885-1821
$29,990
3 beds1 bath1,464 sq ft
4721 Lakepointe St, Detroit, MI 48224 3325
(888) 501-7085
$270,000
3 beds1.5 baths2,591 sq ft
3914 Balfour Rd, Detroit, MI 48224 3438
(248) 729-0011
$60,000
5 beds1 bath3,062 sq ft
11224 Courville Sts, Detroit, MI 48224
(989) 349-3039
$73,875
3 beds1 bath1,996 sq ft
9180 Devonshire Rd, Detroit, MI 48224 2519
(313) 466-7253
$69,000
2 beds1 bath1,774 sq ft
20707 Moross Rd, Detroit, MI 48224 1243
(313) 466-7253
$109,000
3 beds2 baths2,123 sq ft
10435 Somerset Ave, Detroit, MI 48224 1728
(313) 533-6300
$159,900
3 beds1 bath2,016 sq ft
6190 Bluehill St, Detroit, MI 48224 2070
(313) 846-0960
See all

Provided by Redfin

Sale history for 5500 ALTER Rd

Date

Event

Price

REALCOMP #20250009047

Apr 4, 2025

Sold

$99,000

$86/sq ft

Mar 31, 2025

Pending

—

Mar 24, 2025

Listing Removed

—

Feb 26, 2025

Contingent

—

Feb 11, 2025

Listed

$99,900

$87/sq ft

Welcome to a beautifully updated 2-bedroom, 2-bath home offering comfort, security, and style. This home features a new roof, an updated kitchen, and a bonus room in the expansive basement, perfect for extra living space, a home office, or a recreation area. Enjoy the convenience of an attached garage and the privacy of a fully fenced yard—ideal for pets, entertaining, or relaxation. Security is a top priority with installed cameras for added peace of mind. Located in a growing Detroit neighborhood, this home offers both modern amenities and classic charm. Don't miss this fantastic opportunity! Schedule your showing today!

MiRealSource-MiMLS #60369964

Apr 4, 2025

Sold

$99,000

$86/sq ft

Apr 4, 2025

Sold

$99,000

$86/sq ft

Mar 31, 2025

Pending

—

Feb 26, 2025

Contingent

—

Feb 10, 2025

Listed

$99,900

$87/sq ft

Feb 10, 2025

Listed

$99,900

$87/sq ft

Tax history for 5500 ALTER Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

Stories

Lot width

40 ft.

Lot depth

115 ft.

Lot size

4,792 Sq. Ft.

Year renovated

—

Sq. Ft.

1,146

Year built

1948

Style

Single Family Residential

County

Wayne County

APN

21062956.

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 8, 2026.

Single-Family Residential District

The R1 Single-Family Residential District is designed to protect and preserve quiet, low-density residential areas now primarily developed and those areas which will be developed with single-family detached dwellings and characterized by a high ratio of home ownership. The regulations for this district are designed to stabilize and protect the essential characteristics of the district and to promote and encourage a suitable environment for activities associated with family life. To these ends, development is limited to a relatively low concentration and uses permitted by right are limited to single-family detached dwellings which provide homes for the residents of the area. Additional residential uses such as religious institutions, neighborhood centers, and utility uses necessary to serve the immediate area may be permitted on a conditional basis.

Permitted uses

Include but are not limited to:

Housing-Single unit

Property details

Parking

Parking/Garage Information
Has Garage
# of Parking Spaces in Garage: 2
Garage Type: Attached Garage

Interior

Interior Features
# of Rooms (Total): 6

Bathroom Information
# of Bathrooms (Full): 2
# of Baths/Lavatories (Total): 2

Laundry/Basement Information
Basement : Has Basement
Basement Type: Unfinished

Exterior

Exterior Features
Exterior Construction: Brick
Foundation Type: Basement

Property Information
Property Type: Residential
Structure Style: 1 Story
Year Built: 1948
Below Grade Sq. Ft.: 1060

Land Information
Land Contract: No
Acreage: 0.11
Roads: Paved Street
Frontage: 40

Financial

Tax/Assessments Information
Taxable Value: $19,500
Total Tax Amount: $1,537
Summer Tax Amount: $1,392
Winter Tax Amount: $145
Has Assessments
Assessments Amount: $250

Utilities

Utility Information
Heat/Fuel Type: Natural Gas
Water: Public Water At Street
Heating System: Forced Air
Sewer Septic: Public At Street

Location

Unit 5 Information
Living Room Dimensions: L=1146

School Information
School District: Detroit City School District
School District: Detroit City School District

Address Information
Street Designation: Road

Location Details
Directions: South of I94, North of Warren Ave, east side of the street.
Municipality Type: City
Municipality: Detroit
Mail City: Detroit
Subdivision: WALLACE FRANK B ALTER RD GARDENS
Municipality: Detroit
Area (Municipality): Detroit (82001)

Public facts

Beds: —
Baths: 1.0
Sq. Ft.: 1,146
Stories: 1.0
Lot Size: 4,792 square feet
Style: Single Family Residential
Year Built: 1948
Year Renovated: —
County: Wayne County
APN: 21062956.

Home facts updated by county records on Aug 7, 2026

Other

Listing Information
Originating MLS: RealComp
No

Around this home

Schools

Brown Ronald Academy

Public PreK-8 • Assigned • 0.5mi

2/10

East English Village Preparatory Academy

Public 9-12 • Assigned • 1.5mi

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 95° 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

2 unhealthy days expected this year, 5 days in 30 years

Provided by First Street

Historical weather

Detroit, MI • 48224 2904

Average low and high temperatures (°F)

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

$121,000 – $147,000

Sell confidently with a local market expert in Detroit. 3 minutes to get started.

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Home values near 5500 ALTER Rd

Data from public records.

Address	Redfin Estimate
5300 Alter Road, Detroit, MI 3 Beds \| 1 Baths \| 787 Sq. Ft.	$83,011
5280 Alter Road, Detroit, MI - Beds \| 2 Baths \| 1618 Sq. Ft.	$81,814

Address	Redfin Estimate
5536 Alter Road, Detroit, MI 3 Beds \| 1 Baths \| 1182 Sq. Ft.	$80,129
5550 Alter Road, Detroit, MI 3 Beds \| 1.5 Baths \| - Sq. Ft.	$121,674

Address	Redfin Estimate
5311 Alter Road, Detroit, MI 4 Beds \| 3 Baths \| 3000 Sq. Ft.	$136,623
5525 Alter Road, Detroit, MI - Beds \| 1 Baths \| 1183 Sq. Ft.	$49,971

Property information provided by MiRealSource-MiMLS when last listed in 2025. This data may not match . Learn more.

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