Sold
5565 Oldtown Street, Detroit, MI 48224
Sold on 08/29/2025 for$99,500
MLS # 20251014901 (Realcomp)
3 beds1 bath1,150 sqftBuilt 19400.09 acres
1 / 19
Listing Description
Move in ready brick bungalow in Detroit’s desirable East Side. This well maintained 3 bedroom 1 bath home features beautiful original hardwood floors, a spacious living room, and a full basement offering plenty of storage or extra living space. Enjoy a private fenced backyard, 1 car detached garage, and charming front porch. Ideal for first time buyers or anyone looking for a turnkey home with classic character. Conveniently located near Chandler Park, schools, shopping, and just minutes from I94 for an easy commute downtown. Immediate occupancy available. Welcome home. Buyer and agent to verify all measurements and information.
Source: SparkMLS
About this home
Located in Finney in Detroit, this property offers 3-bedroom, 1-bath, 1,150 sq ft, with original construction dating to 1940.
This home sold for $99,500 (about $87/sq ft).
Property tax estimate: $2,850 per year ($238/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Fiber internet is available at this address with download speeds up to 5,000 Mbps across 9 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms1
Living Area1,150 sqft
Lot Size0.09 acres
Year Built1940
Stories2
Location
CityDetroit
Zip Code48224
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed7/6/2025
Sold Date8/28/2025
Original Price$104,999
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$4,440
Tax Year2025
State Equalized Value$44,400
Assessed Value$44,400
Parcel #21075498.
Source: Public Records
Legal Description
W OLDTOWN 40 AND E 10 FT OF VAC ALLEY ADJ PASCHKE SUB L57 P69 PLATS, W C R 21/889 38 X 110
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Andre Abney
Match Realty
Frequently Asked Questions about 5565 Oldtown Street, Detroit, MI 48224
What school district is 5565 Oldtown Street, Detroit, MI 48224 in?
Per MLS# 20251014901, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 5565 Oldtown Street, Detroit, MI 48224?
Per MLS# 20251014901, 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# 20251014901, the most recent reported annual property tax for 5565 Oldtown Street, Detroit, MI 48224 is $4,074. 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 5565 Oldtown Street, Detroit, MI 48224 eligible for USDA financing?
Per USDA Rural Development boundary data, 5565 Oldtown 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, 5565 Oldtown 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.
Is fiber internet available at 5565 Oldtown Street, Detroit, MI 48224?
Per FCC broadband data, this property has access to fiber internet service. The maximum advertised download speed is 5.0 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.
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.
Map
Tax Estimate
$
Annual tax$2,850
Monthly$238
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$883
Principal & interest$645
Property taxes$238
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
5 Gbps
Upload
5 Gbps
FiberCableLicensed Fixed WirelessGSO SatelliteDSLSatellite
9 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
5565 Oldtown 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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