Sold
5541 Grayton Street, Detroit, MI 48224
Sold on 06/10/2026 for$200,000
MLS # 26015698 (Michigan Regional Information Center (MichRIC))
4 beds2 baths1,730 sqftBuilt 19300.13 acres
1 / 42
Listing Description
Beautiful, fully renovated 4-bedroom, 2-bath brick home (1,730 sq ft) in the highly sought-after East English Village, known for its great community. Main floor offers a bright living room with fireplace and large windows, spacious dining room, new kitchen with brand-new stainless-steel appliances and eat-in area, new full bath, and two generous bedrooms (one ideal for office). Second floor includes an additional large bedroom, with a walk-in closet, and a spacious primary master suite, with seating area and a stylish new full bath with ceramic tile and walk-in shower. Recent updates include new plumbing, electrical, furnace, luxury vinyl plank flooring, doors, fresh paint, lighting, and bathroom fixtures. Dry painted basement offers storage and future living space potential. Exterior features a new paved driveway, large fenced backyard, and charming front porch on a tree-lined street. Close to parks, schools, shopping, and highways. Move-in ready. Schedule your showing today!
Source: SparkMLS
About this home
Located in Finney in Detroit, this property offers 4-bedroom, 2-bath, 1,730 sq ft, with original construction dating to 1930.
Closed at $200,000 (about $116/sq ft).
Annual property taxes run approximately $2,997 ($250/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.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms4
Bathrooms2
Living Area1,730 sqft
Lot Size0.13 acres
Year Built1930
Stories2
Location
CityDetroit
MunicipalityDetroit City
Zip Code48224
CountyWayne
School DistrictDetroit
Construction & Systems
StyleColonial
ConstructionAluminum Siding, Brick
BasementFull
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesNatural Gas Available, Electricity Available, Natural Gas Connected
Sale & Financing
Listed4/14/2026
Sold Date6/9/2026
Original Price$219,900
Terms AcceptedCash, FHA, VA Loan, Conventional
Source: SparkMLS
Tax Information
Annual Tax$1,230
Tax Year2025
State Equalized Value$46,700
Assessed Value$46,700
Parcel #21074191.
Source: Public Records
Legal Description
W GRAYTON 537 EASTERN HEIGHTS LAND COS SUB NO 1 L50 P4 PLATS, W C R 21/738 39 X 144
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Kingsley Ifezue
Detroit Metro Realty
Frequently Asked Questions about 5541 Grayton Street, Detroit, MI 48224
What school district is 5541 Grayton Street, Detroit, MI 48224 in?
Per MLS# 26015698, 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# 26015698, the seller has indicated this property accepts the following financing types: Cash, FHA, VA Loan, Conventional. 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# 26015698, the most recent reported annual property tax for 5541 Grayton Street, Detroit, MI 48224 is $1,194 (2025). 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 5541 Grayton Street, Detroit, MI 48224 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 5541 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$2,997
Monthly$250
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$1,644
Principal & interest$1,394
Property taxes$250
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
5541 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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