Sold
5007 Ashley Street, Grosse Pointe, MI 48236
Sold on 04/09/2026 for$30,000
MLS # 20261016763 (Realcomp)
2 beds1 bath817 sqftBuilt 19230.14 acres
1 / 2
Listing Description
Excellent addition to or beginning of a rental portfolio. Home in need of rehab & City of Detroit Rental Certificate. Previously rented for $875 with current comps at $1,000 monthly. BATVAI
Source: SparkMLS
About this home
This 2-bedroom, 1-bath, 817 sq ft home built in 1923 sits in Finney in Grosse Pointe.
This home sold for $30,000 (about $37/sq ft).
Estimated annual property tax: $1,656, or about $138 monthly. Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms2
Bathrooms1
Living Area817 sqft
Lot Size0.14 acres
Year Built1923
Stories1
Location
CityGrosse Pointe
Zip Code48236
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionVinyl Siding
BasementCrawl Space
Garage1 space
HeatingForced Air
Sale & Financing
Listed3/15/2026
Sold Date4/8/2026
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$640
Tax Year2025
State Equalized Value$25,800
Assessed Value$25,800
Parcel #21078691.
Source: Public Records
Legal Description
W ASHLEY S 5 FT 188 187 SUNNYSIDE SITES SUB L42 P57 PLATS, W C R 21/807 50 X 120
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Christopher Ferriole
Park Place Real Estate Services, Inc
Frequently Asked Questions about 5007 Ashley Street, Grosse Pointe, MI 48236
Which school district serves 5007 Ashley Street, Grosse Pointe, MI 48236?
Per MLS# 20261016763, 5007 Ashley Street, Grosse Pointe, MI 48236 is in the Detroit boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 20261016763, this listing accepts Cash financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 5007 Ashley Street, Grosse Pointe, MI 48236?
Per public tax records, annual property taxes for this property are $815. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 5007 Ashley Street, Grosse Pointe, MI 48236 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 5007 Ashley Street, Grosse Pointe, MI 48236 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 5007 Ashley Street, Grosse Pointe, MI 48236?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Tax Estimate
$
Annual tax$1,656
Monthly$138
Millage rate64.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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Monthly payment$365
Principal & interest$227
Property taxes$138
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
5007 Ashley Street, Grosse Pointe, MI 48236
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Neighborhood
Finney
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Community
Detroit
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County
Wayne County
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