Sold
5085 Grayton Street, Detroit, MI 48224
Sold on 05/21/2026 for$240,500
MLS # 20261018546 (Realcomp)
4 beds3 baths1,381 sqftBuilt 19400.13 acres
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Listing Description
You won’t want to miss this beautifully renovated home. Every room has been updated. The inviting living room features original hardwood floors and a wood burning fireplace. The spacious eat-in kitchen is a standout with new cabinetry, stainless steel appliances, backsplash, and flooring. The primary bedroom offers generous space with brand new carpet, along with three additional bedrooms. Both full bathrooms have been fully remodeled with modern finishes. The basement provides plenty of storage space along with a convenient half bath. Major mechanical updates include a brand new AC and furnace, with the water heater just 5 years old. A bonus room at the back of the home adds flexibility, plus a 1.5-car garage and shed for extra storage.
Source: SparkMLS
About this home
4-bedroom, 3-bath, 1,381 sq ft home in Finney in Detroit built in 1940.
Final sale price: $240,500 (about $174/sq ft).
Estimated annual property tax: $2,709, or about $226 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
Bedrooms4
Bathrooms3
Living Area1,381 sqft
Lot Size0.13 acres
Year Built1940
Stories2
Location
CityDetroit
Zip Code48224
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
Garage1.5 spaces
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed3/24/2026
Sold Date5/20/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$1,341
Tax Year2025
State Equalized Value$42,200
Assessed Value$42,200
Homestead (PRE)100%
Parcel #21074216.
Source: Public Records
Legal Description
W GRAYTON 512 AND E 9 FT VAC ALLEY ADJ EASTERN HEIGHTS LAND COS SUB NO 1 L50 P4 PLATS, W C R 21/738 38 X 144
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Camille Edwards
Berkshire Hathaway HomeServices Kee Realty Bham
Frequently Asked Questions about 5085 Grayton Street, Detroit, MI 48224
What school district is 5085 Grayton Street, Detroit, MI 48224 in?
Per MLS# 20261018546, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 20261018546, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA, VA Loan. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261018546, the most recent reported annual property tax for 5085 Grayton Street, Detroit, MI 48224 is $896. 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.
Is 5085 Grayton Street, Detroit, MI 48224 eligible for USDA financing?
Per USDA Rural Development boundary data, 5085 Grayton Street, Detroit, MI 48224 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.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 5085 Grayton Street, Detroit, MI 48224 is in flood zone X (minimal risk). 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.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Wayne County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
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Tax Estimate
$
Annual tax$2,709
Monthly$226
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$1,782
Principal & interest$1,556
Property taxes$226
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
5085 Grayton Street, Detroit, MI 48224
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Neighborhood
Finney
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Community
Detroit
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County
Wayne County
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