INVESTMENT OPPORTUNITY: Vacant brick home in attractive neighborhood. Home requires minor turn.
SW Michigan MLS #25005040
Mar 18, 2025
Sold
$75,000
Mar 14, 2025
Pending
—
Feb 25, 2025
Price Changed
$85,000
Feb 11, 2025
Listed
$90,000
MiRealSource-MiMLS #70451702
Mar 18, 2025
Sold
$75,000
Mar 18, 2025
Sold
$75,000
Mar 14, 2025
Pending
—
Feb 26, 2025
Price Changed
$85,000
Feb 11, 2025
Listed
$90,000
Feb 11, 2025
Listed
$85,000
INVESTMENT OPPORTUNITY: Vacant brick home in attractive neighborhood. Home requires minor turn.
Public Records
Dec 14, 2023
Sold
$99,000
Greater Lansing AoR #50030158
May 25, 2022
Sold
$45,000
May 25, 2022
Sold
$45,000
Sep 20, 2021
Pending
—
Sep 7, 2021
Relisted
—
Aug 23, 2021
Pending
—
Aug 17, 2021
Price Changed
$50,000
Aug 17, 2021
Relisted
—
Jan 26, 2021
Pending
—
Jan 26, 2021
Listing Removed
—
Jan 15, 2021
Relisted
—
Dec 23, 2020
Pending
—
Dec 4, 2020
Listed
$50,000
Dec 4, 2020
Listed
$45,000
REALCOMP #58050030158
May 25, 2022
Sold
$45,000
Dec 4, 2020
Listed
$50,000
MiRealSource-MiMLS #31270544
Nov 20, 2015
Price Changed
$3,600
Nov 20, 2015
Listing Removed
—
Nov 20, 2015
Listing Removed
—
Nov 13, 2015
Listed
$2,700
REALCOMP #215122393
Nov 20, 2015
Listing Removed
—
Nov 20, 2015
Price Changed
$3,600
Nov 13, 2015
Listed
$2,700
MiRealSource-MiMLS #20949473
Nov 20, 2015
Listing Removed
—
Nov 20, 2015
Listing Removed
—
Nov 13, 2015
Listed
$3,600
REALCOMP #215086232
Nov 12, 2015
Sold
$2,500
Nov 11, 2015
Listing Removed
—
Nov 8, 2015
Relisted
—
Nov 3, 2015
Listing Removed
—
Oct 30, 2015
Relisted
—
Aug 27, 2015
Listing Removed
—
Aug 11, 2015
Listed
$3,800
MiRealSource-MiMLS #20462175
Nov 12, 2015
Sold
$2,500
Nov 12, 2015
Sold
$2,500
Nov 11, 2015
Listing Removed
—
Aug 11, 2015
Listed
$3,800
Aug 11, 2015
Listed
$3,800
MiRealSource-MiMLS #31257375
Nov 12, 2015
Sold
$2,500
Nov 12, 2015
Sold
$2,500
Nov 11, 2015
Pending
—
Oct 30, 2015
Relisted
—
Aug 27, 2015
Pending
—
Aug 11, 2015
Listed
$3,800
Aug 11, 2015
Listed
$3,800
Year
Property tax
Land + Additions
Assessment*
2025
$3,355 (+78.4%)
2024
$1,881 (+21.5%)
2023
$1,548 (+37.3%)
2022
$1,127 (+24.4%)
2021
$906 (+1.0%)
2020
$897 (+1.4%)
2019
$885 (+3.9%)
2018
$852 (+0.2%)
2017
$850 (−0.5%)
2016
$855 (−18.5%)
2015
$1,049 (−3.1%)
2014
$1,083
Tax history for 5550 Alter Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,355 (+78.4%)
2024
$1,881 (+21.5%)
2023
$1,548 (+37.3%)
2022
$1,127 (+24.4%)
2021
$906 (+1.0%)
2020
$897 (+1.4%)
2019
$885 (+3.9%)
2018
$852 (+0.2%)
2017
$850 (−0.5%)
2016
$855 (−18.5%)
2015
$1,049 (−3.1%)
2014
$1,083
*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
1
Stories
1.25
Lot width
40 ft.
Lot depth
116 ft.
Lot size
4,792 Sq. Ft.
Year renovated
—
Sq. Ft.
1,152
Year built
1951
Style
Single Family Residential
County
Wayne County
APN
21062962.
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 31, 2026.
R1
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
Interior
Bathroom Information
# of Full Bathrooms: 1
# of Half Bathrooms: 1
Heating & Cooling
Has Heating
Heating: Forced Air
Interior Features
# of Rooms Total: 3
Has Fireplace
Room Information
Basement: Full
Room 1 Information
Room Type: Primary Bedroom
Room 2 Information
Room Type: Bathroom 1
Room 3 Information
Room Type: Bedroom 2
Exterior
Building Information
Construction Materials: Brick
Exterior Features
Year Built: 1951
Lot Information
Lot Size Acres: 0.11
Lot Size Area: 0.11
Lot Size Units: Acres
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Water Source: Public
Living Area: 0.0
Financial
Tax Information
Tax Year: 2024
Tax Annual Amount: $1,548
Tax Assessed Value: $24,000
Location
School Information
High School District: Detroit
Location Information
Directions: Property is in Alter
Public facts
Beds: —
Baths: 1.0
Sq. Ft.: 1,152
Stories: 1.25
Lot Size: 4,792 square feet
Style: Single Family Residential
Year Built: 1951
Year Renovated: —
County: Wayne County
APN: 21062962.
Home facts updated by county records on Aug 31, 2026
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
Average low and high temperatures (°F)
28
17
34
21
50
33
59
42
66
50
80
63
82
69
78
64
75
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
$97,000 – $117,000
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