Sold
5581 DREXEL Street, Detroit, MI 48213
Sold on 09/27/2024 for$118,000
MLS # 20240053330 (Realcomp)
3 beds2 baths1,474 sqftBuilt 19290.08 acres
1 / 31
Listing Description
This beautifully remodeled home offers a great space to add your personal touches to! There is a new porch and railing for enjoying Michigan summer evenings. Wood flooring stretches in through the living room, kitchen and bathroom. Carpeting is in all of the bedrooms. The kitchen has been upgraded with new cabinetry, counter tops and hardware. The bathroom has also undergone an upgrade with a new vanity and toilet in place. The basement is open and spacious but unfinished.
Source: SparkMLS
About this home
Located in Chandler Park in Detroit, this property offers 3-bedroom, 2-bath, 1,474 sq ft, with original construction dating to 1929.
Closed at $118,000 (about $80/sq ft).
Annual property taxes run approximately $1,021 ($85/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. Fiber internet is available at this address with download speeds up to 1,200 Mbps across 8 providers.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Living Area1,474 sqft
Lot Size0.08 acres
Year Built1929
Stories2
Location
CityDetroit
Zip Code48213
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingRadiant
WaterPublic
SewerPublic
Sale & Financing
Listed7/22/2024
Sold Date9/26/2024
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$1,147
Tax Year2025
State Equalized Value$15,900
Assessed Value$15,900
Parcel #21050771.
Source: Public Records
Legal Description
W DREXEL 275 PARKSIDE MANOR SUB L45 P53 PLATS, W C R 21/675 35 X 100
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Bashar G Nijem
Realtyflo Inc
Frequently Asked Questions about 5581 DREXEL Street, Detroit, MI 48213
Which school district serves 5581 DREXEL Street, Detroit, MI 48213?
Per MLS# 20240053330, 5581 DREXEL Street, Detroit, MI 48213 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.
What financing options are available for 5581 DREXEL Street, Detroit, MI 48213?
Per MLS# 20240053330, this listing accepts Cash, Conventional, FHA, VA Loan 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 5581 DREXEL Street, Detroit, MI 48213?
Per public tax records, annual property taxes for this property are $1,184. 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, 5581 DREXEL Street, Detroit, MI 48213 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 5581 DREXEL Street, Detroit, MI 48213 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 available at 5581 DREXEL Street, Detroit, MI 48213. 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 5581 DREXEL Street, Detroit, MI 48213?
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$1,021
Monthly$85
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$863
Principal & interest$778
Property taxes$85
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
1.2 Gbps
Upload
1 Gbps
CableFiberLicensed 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
5581 DREXEL Street, Detroit, MI 48213
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Neighborhood
Chandler Park
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Community
Detroit
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County
Wayne County
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