Sold
5303 Alter Road, Detroit, MI 48224
Sold on 02/06/2026 for$75,000
MLS # 20251046834 (Realcomp)
2 beds1 bath792 sqftBuilt 19370.09 acres
1 / 1
Listing Description
Beautiful 2 bedroom ranch perfect for a first time homebuyer or an investor looking for a turnkey property. This property is being sold as-is. Property is currently tenant occupied. All measurements and data are approximate. LATPAO IDRBNG BATVAI
Source: SparkMLS
About this home
2-bedroom, 1-bath, 792 sq ft home in Chandler Park in Detroit built in 1937.
Closed at $75,000 (about $95/sq ft).
Property tax estimate: $558 per year ($47/month). 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. Broadband is available with download speeds up to 1,200 Mbps from 8 providers.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms2
Bathrooms1
Living Area792 sqft
Lot Size0.09 acres
Year Built1937
Stories1
Location
CityDetroit
Zip Code48224
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed10/18/2025
Sold Date2/5/2026
Terms AcceptedCash, Conventional, FHA
Source: SparkMLS
Tax Information
Annual Tax$310
Tax Year2025
State Equalized Value$8,700
Assessed Value$8,700
Parcel #21062985.
Source: Public Records
Legal Description
W ALTER RD 1 JULES PINCKET SUB L50 P16 PLATS, W C R 21/746 35 X 108
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Nikkia Luckett
United Front Realty LLC
Frequently Asked Questions about 5303 Alter Road, Detroit, MI 48224
Which school district serves 5303 Alter Road, Detroit, MI 48224?
Per MLS# 20251046834, 5303 Alter Road, Detroit, MI 48224 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# 20251046834, this listing accepts Cash, Conventional, FHA financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 5303 Alter Road, Detroit, MI 48224?
Per public tax records, annual property taxes for this property are $523. 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, 5303 Alter Road, 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.
Is 5303 Alter Road, Detroit, MI 48224 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 internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 5303 Alter Road, Detroit, MI 48224. The maximum advertised download speed is 1.2 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 5303 Alter Road, Detroit, MI 48224?
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.
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.
Map
Tax Estimate
$
Annual tax$558
Monthly$47
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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%
$
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Monthly payment$630
Principal & interest$584
Property taxes$47
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
1.2 Gbps
Upload
35 Mbps
CableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
8 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
5303 Alter Road, Detroit, MI 48224
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Neighborhood
Chandler Park
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Community
Detroit
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County
Wayne County
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