new - 4 days on rocket

5275 Three Mile Dr, Detroit, MI, 48224

$69,999

Home List Price

$831*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
2,550 SqFt
$27/SqFt
House

Location

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5275 Three Mile Dr, Detroit$69,999

Buyer Closing Credits

$831*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOneCarGarage, Detached
Garage1 space
Year Built1936
HeatingForced Air, Natural Gas
BasementYes
MLS #20240092284
Lot Size0.11 Acres
StatusActive

About 5275 Three Mile Dr

Welcome to 5275 Three Mile Drive, a stunning brick colonial home located in Detroit's desirable Morningside Neighborhood. This beautiful property boasts 3 spacious bedrooms, 2 modern bathrooms, a basement, and a detached 1-car garage with a private fenced yard. Recent updates include a new roof and gutters, installed by Hanson this summer. The home's prime location offers easy access to expressways, restaurants, shopping, and entertainment.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1936
  • Living Area: 2,550 SqFt

Listing Office:

  • Office Name: Keller Williams Realty-Great Lakes
  • Office Phone: (586) 541-4000
  • Listing Agent: Kevin Mahone

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: OneCarGarage, Detached

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: Take I-94 East, exit at Cadieux Road, turn left on Grayton Street, then right onto Three Mile Drive

Price Information

Listing Price Info

Price Summary:

  • List Price: $69,999
  • Price Per SqFt: $27/SqFt

Tax Information:

  • Annual Amount: $1,007
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

Med. Sold Price

$85K

Med. Price/SqFt

$67

Avg. Days On Market

49

# of Sold Homes

396

5275 Three Mile Dr vs Detroit

4 DAYS ON ROCKET

-45 Days

$69,999

-$15K Less

$27/SqFt

-$41 Less

KEY TAKEAWAY

This property is $15K less than the Median Sold Price and $41/SqFt less than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240092284

Listing Office:

  • Office Name: Keller Williams Realty-Great Lakes
  • Office Phone: (586) 541-4000
  • Listing Agent: Kevin Mahone

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:56:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 29, 2019Home Sold
$22,500
Feb 28, 2013Home Sold
$30,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,007$19,600
2020$1,378$18,100
2018$1,378$13,900
2017$1,372$12,900

History based on county public records data.

Payment Calculator

$417

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$276

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4287485
1
/10
  • Marvin L Winans Academy Elementary School

  • 9740 McKinney St

  • 0.67 miles

  • Public Charter Grades KG-5

school-card-donut-4287486
1
/10
  • Wayne Elementary School

  • 10633 Courville St

  • 1.05 miles

  • Public District Grades PK-5

school-card-donut-4287487
6
/10
  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 1.52 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,456. Residents of Detroit, MI typically earn between $35k-100k each year. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5275 Three Mile Dr

What is the listing price of this property?

The listing price of 5275 Three Mile Dr property is $69,999.

What type of property is this?

The property 5275 Three Mile Dr is a house located in Detroit, Michigan, 48224.

Is this property for sale now?

Active Listing: 5275 Three Mile Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,007 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 29, 2019 for $22,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5275 Three Mile Dr has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 5275 Three Mile Dr is 2,550 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5275 Three Mile Dr is 1936.

Rocket Homes›Michigan›Wayne County›Detroit›48224›5275 Three Mile Dr

This home is located at 5275 Three Mile Dr in Detroit, MI and zip code 48224 in the Lower East neighborhood. This 2,550 square foot home, which was built in 1936, sits on a 0.11 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 13, 2024 and is currently priced at $69,999.

Detroit, MI housing market in November 2024 saw over 94 listings sold above listed price, more than 55 sold at listed price and over 247 sold below. The inventory of homes for sale in Detroit, MI between October 2024 and November 2024 increased by 2%. While the average time on the market in November 2024 was 49 days, the median list price was $85,016.

From Rocket Homes Real Estate and based on county public records data.

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