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Estimated Rental Price is based on similar rentals in this area.
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  • 3 beds
  • 1 bath
  • 1,474 sq ft
  • 3,485 sqft lot

5581 Drexel St, Detroit, MI 48213

Property Overview - 5581 Drexel St, Detroit, MI 48213 is a single family home built in 1929. The $38,400 estimated value is 43.94% less than the median listing price of $68,500 for the Chandler Park area.

According to the Detroit public records, the property at 5581 Drexel St, Detroit, MI 48213 has approximately 1,474 square feet, 3 beds and 1 bath with a lot size of 3,485 square feet. Nearby schools include Carstens Elementary-Middle School, Detroit International Academy For Young Women School and East English Village Preparatory Academy School.

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43.94%
Less expensive than nearby properties
$400
Since last listedin 2021
$627
Rental Estimate
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5581 Drexel St is likely to depreciate by 1% in the next year, based on the latest home price index. In the last 3 years, this home has decreased its value by 38%.

Estimated values are not a substitute for professional expertise. Contact your REALTOR® for a market assessment.

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Similar Homes For Sale Near Detroit, MI

Comparison of 5581 Drexel St, Detroit, MI 48213 with Nearby Homes:
5773 Lakewood St, Detroit, MI 48213
$72,000
3 bd, 1 ba, 1,070 sq ft
  • 10% more expensive
  • 226 sq ft smaller
  • Larger lot
  • 9 years newer
221 Ashland St, Detroit, MI 48215
$59,900
3 bd, 1 ba, 1,152 sq ft
  • 8% less expensive
  • 144 sq ft smaller
  • Same sized lot
  • 3 years older
11824 Corbett St, Detroit, MI 48213
$59,900
3 bd, 1 ba, 1,094 sq ft
  • 8% less expensive
  • 202 sq ft smaller
  • Larger lot
  • 11 years newer
5927 Iroquois St, Detroit, MI 48213
$50,000
3 bd, 1 ba, 1,355 sq ft
  • 23% less expensive
  • 59 sq ft larger
  • Same sized lot
  • 17 years older
12226 Elmdale St, Detroit, MI 48213
$65,000
3 bd, 2 ba, 1,195 sq ft
  • Similar priced
  • 101 sq ft smaller
  • Larger lot
  • 11 years newer
8027 Marcus St, Detroit, MI 48213
$54,900
3 bd, 1 ba, 1,440 sq ft
  • 15% less expensive
  • 144 sq ft larger
  • Larger lot
  • 6 years older
12265 Elmdale St, Detroit, MI 48213
$65,000
4 bd, 1 ba, 1,116 sq ft
  • Similar priced
  • 180 sq ft smaller
  • Larger lot
  • 22 years newer
11310 College St, Detroit, MI 48205
$59,000
3 bd, 1 ba, 1,360 sq ft
  • 9% less expensive
  • 64 sq ft larger
  • Larger lot
  • Same year built
12115 Kilbourne St, Detroit, MI 48213
$74,900
4 bd, 1 ba, 1,625 sq ft
  • 14% more expensive
  • 329 sq ft larger
  • Larger lot
  • 5 years newer
10800 Somerset Ave, Detroit, MI 48224
$65,000
3 bd, 1 ba, 1,160 sq ft
  • Similar priced
  • 136 sq ft smaller
  • Larger lot
  • 13 years newer
11017 Longview St, Detroit, MI 48213
$49,000
3 bd, 1 ba, 1,248 sq ft
  • 24% less expensive
  • 48 sq ft smaller
  • Larger lot
  • 10 years newer
11768 Whitehill St, Detroit, MI 48224
$66,000
3 bd, 1 ba, 1,188 sq ft
  • 1% more expensive
  • 108 sq ft smaller
  • Larger lot
  • 11 years newer

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Property History for 5581 Drexel St

This property was not sold in the last 10 years.

Today
Estimated at $38,400

Oct 27, 2021
Listed for $38,000

Listing presented by Mikhail Grigoryan with Detroit Progress Realty LLC

Jun 27, 2012
Price Changed to $1,900
  • Price decreased by $2,000 (51%).
  • Apr 19, 2012
    Listed for $3,900

    Listing presented by Zena Dakroub with Realty Executives Classic

    Jan 19, 2012
    Listed for $3,900

    Listing presented by Zena Dakroub with Realty Executives Classic

    Jan 19, 2012
    Listed for $3,900

    Listing presented by Zena Dakroub with Realty Executives Classic

    Nov 7, 2011
    Price Changed to $4,900
  • Price decreased by $1,000 (17%).
  • Oct 9, 2011
    Price Changed to $5,900
  • Price decreased by $1,500 (20%).
  • Sep 15, 2011
    Price Changed to $7,400
  • Price decreased by $2,500 (25%).
  • Aug 17, 2011
    Listed for $9,900

    Listing presented by SAM. HANTOSH with RE/MAX Team 2000

    History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction. Contact your REALTOR® directly in order to obtain latest information.

    Property Details for 5581 Drexel St

    Public Records

    • Beds: 3
    • House size: 1,474 sq ft
    • Stories: 2
    • Lot size: 3485
    • Year built: 1929
    • Property type: Single family
    • Date updated: 11/06/2021

    Nearby Schools

    Neighborhood

    5581 Drexel St is located in Chandler Park neighborhood in the city of Detroit, MI.

    $68,500

    Median Listing Price

    $55

    Price Per Sq Ft

    Nearby Neighborhoods in Detroit, MI

    Far East Detroit
    Median Listing: $99,900
    North End
    Median Listing: $229,000
    Morningside
    Median Listing: $99,900
    Denby
    Median Listing: $57,950
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    Price & Tax History for 5581 Drexel St

    Property Price

    Date Event Price
    Today Estimated $38,400
    10/27/2021 Listed $38,000
    06/27/2012 Price Changed $1,900
    04/19/2012 Listed $3,900
    01/19/2012 Listed $3,900
    01/19/2012 Listed $3,900
    11/07/2011 Price Changed $4,900
    10/09/2011 Price Changed $5,900
    09/15/2011 Price Changed $7,400
    08/17/2011 Listed $9,900

    Property Tax

    Year Taxes Total Assessment
    2021 $576 $5,525
    2020 $640 $7,000
    2019 $632 $5,580
    2018 $622 $5,600
    2017 $629 $5,600
    2016 $1,868 $23,000
    2015 $2,370 $24,200
    2014 $410 $12,736
    2013 $1,793 $17,925
    2012 $2,007 $20,604
    2011 $1,761 $22,602
    2010 $1,717 $26,281
    2009 $1,687 $29,865
    2008 $1,507 $34,526
    2007 $1,492 $34,526
    About History & Taxes Data

    The price and tax history data displayed is obtained from public records and/or MLS feeds from the local jurisdiction. Contact your REALTOR® directly in order to obtain the most up-to-date information available.

    Recently Sold Homes Near 5581 Drexel St

    Nearby Home Values

    • Address
      Homes near 48213
    • Estimate
    • Bed
    • Bath

    What is Your Home Worth?

    Homes Around $38,400

    Homes near 5581 Drexel St have a median list price of $36,500 and a median price per square foot of $23.

    Approximate monthly payment is an estimate calculated with 20% down and 30 year fixed

    Subject to qualifying for and obtaining a mortgage. Actual monthly payments vary based on down payment amount, mortgage type, credit availability, interest rate changes, and other factors. Does not include property taxes or insurance. Contact your REALTOR® directly for information.

    Nearby Homes with Pools around 48213

    Approximate monthly payment is an estimate calculated with 20% down and 30 year fixed

    Subject to qualifying for and obtaining a mortgage. Actual monthly payments vary based on down payment amount, mortgage type, credit availability, interest rate changes, and other factors. Does not include property taxes or insurance. Contact your REALTOR® directly for information.