new - 1 day on rocket

5307 Three Mile Dr, Detroit, MI, 48224

$99,000

Home List Price

$1,176*

Closing Credit

5 Bedrooms
2 Full Baths
1,766 SqFt
$56/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

5307 Three Mile Dr, Detroit$99,000

Buyer Closing Credits

$1,176*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingTwoCarGarage, Detached
Garage2 spaces
Year Built1928
HeatingForced Air, Natural Gas
BasementYes
MLS #20240091393
Lot Size0.11 Acres
StatusActive

About 5307 Three Mile Dr

INVESTOR SPECIAL! This large five-bedroom home is ready for you to add the final touches! It's located in a prime flip area, and it's being sold as is. This won 't last long. Make your best offer!!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1928
  • Living Area: 1,766 SqFt

Listing Office:

  • Office Name: Keller Williams Legacy
  • Office Phone: (313) 752-0000
  • Listing Agent: Andrew Davis, Ronnie Ahmad

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: TwoCarGarage, Detached

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: E outer drive, Belford

Price Information

Listing Price Info

Price Summary:

  • List Price: $99,000
  • Price Per SqFt: $56/SqFt

Tax Information:

  • Annual Amount: $1,520
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

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

5307 Three Mile Dr vs Detroit

1 DAY ON ROCKET

-48 Days

$99,000

+$13.9K More

$56/SqFt

-$12 Less

KEY TAKEAWAY

This property is $13.9K more than the Median Sold Price and $12/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: #20240091393

Listing Office:

  • Office Name: Keller Williams Legacy
  • Office Phone: (313) 752-0000
  • Listing Agent: Andrew Davis, Ronnie Ahmad

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: 12/11/2024, 6:21:09 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

Feb 18, 2014Home Sold
$12,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,520 -
2020$881$12,600
2018$881$9,400
2017$738$8,700

History based on county public records data.

Payment Calculator

$562

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$363

Powered By

Rocket Mortgage

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-1752434
1
/10
  • Marvin L Winans Academy Elementary School

  • 9740 McKinney St

  • 0.64 miles

  • Public Charter Grades KG-5

school-card-donut-1752435
1
/10
  • Wayne Elementary School

  • 10633 Courville St

  • 1.02 miles

  • Public District Grades PK-5

school-card-donut-1752436
1
/10
  • Carleton Elementary School

  • 11724 Casino St

  • 1.54 miles

  • Public District Grades PK-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. The majority of families are 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 5307 Three Mile Dr

What is the listing price of this property?

The listing price of 5307 Three Mile Dr property is $99,000.

What type of property is this?

The property 5307 Three Mile Dr is a house located in Detroit, Michigan, 48224.

Is this property for sale now?

Active Listing: 5307 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 $1,520 (source: MLS/based on county public records data).

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

The last sale was on February 18, 2014 for $12,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5307 Three Mile Dr has 5 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5307 Three Mile Dr is 1,766 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5307 Three Mile Dr is 1928.

Rocket Homes›Michigan›Wayne County›Detroit›48224›5307 Three Mile Dr

This home is located at 5307 Three Mile Dr in Detroit, MI and zip code 48224 in the Lower East neighborhood. This 1,766 square foot home, which was built in 1928, sits on a 0.11 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 10, 2024 and is currently priced at $99,000.

Over 94 listings were sold over their listed price in November 2024 in Detroit, MI. In the same period over 247 listings were sold below the listed price and 55 listings were sold for the listed price. The number of listings in Detroit, MI increased by 2% between October 2024 and November 2024. Listings spent 49 days on the market in November 2024, and had a median list price of $85,016 during the same period.

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

More Resources