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Back 5501 3 Mile Dr
Off Market

5501 3 Mile Dr

Detroit MI 48224

3
1
2069 sq. ft.
0.21 ac.
Single-Family
Last sold for $114,000
Ryan LallyRyan Lally, last sold this property on 01 December 2023 after 154 days on market.

Overview

Down payment assistance available! Rare opportunity to own two adjacent corner lots with clear title in the desirable Morningside neighborhood of Detroit’s east side. Located on one of the best streets in the Morningside Neighborhood of Detroit and on a block with many recently renovated homes, the house was just professionally cleaned and is ready for you to move in! 5501 Three Mile is an attractive 3 BR, 1 BA, 1347 sqft brick Colonial and includes the vacant lot behind it at 5502 Bedford - perfect for someone who appreciates land with minimal tree coverage and maximum sunlight exposure. Total frontage is as follows: 36 ft on Three Mile, 40 ft on Bedford, and 237 ft on Southampton. Freshly painted and deep-cleaned interior w/ updated kitchen, breakfast nook and beautiful full bathroom upstairs. Refinished hardwood oak floors throughout with beautiful wood grains visible. Living room w/ coved plaster ceilings, natural, wood-burning fireplace w/ traditional surround and mantle. The southeast bedroom has a covered porch overlooking the partially fenced-in backyard. Brand new gliding door on rear wall of dining room opens to large back porch - a great transitional space from the house to the huge yard! Large, unfinished 722 sqft basement provides tons of storage and has an exterior door at top of the basement stairs for easy access to the side of the house. Walk 2 blocks (5 minutes) to East Warren Avenue, currently undergoing $8.2M streetscape makeover and commercial corridor revitalization efforts. Easy access to I-94 + all of Metro Detroit. The property is being monitored with cameras and alarm system. Seller will install furnace and water heater prior to closing.

Features

3 bedrooms
1 bathroom
2069 sq. ft. floor area
0.21 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Detroit over the last 12 months, the estimated median property value of 5501 3 Mile Dr is $84.75k.

Median value
$84.75k
Estimated value range
$7.5k - $290k
Median days on market
36
Estimated value trend
-4%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Detroit. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5501 3 Mile Dr

2023
Sold
$114,000
01 Dec 2023 by Ryan Lally, of KW Grosse Pointe
2019
Sold
$55,000
28 Aug 2019 by Hivenna Crockett, of Harvest Homes Realty
2016
Rented
Undisclosed
04 Jan 2016 by Gwh Properties Llc

Happy sellers in Detroit

95%
95% of sellers in Detroit reported that their sale price either exceeded or met their price expectations.

Detroit stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Detroit over the last 12 months.

Local market activity for 3 bedroom single-family properties in Detroit

In the last 12 months, 401 three-bedroom single-family properties similar to 5501 3 Mile Dr, have been sold.

This represents a 23% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

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Nicole Sammons

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Arianna Lee

Sellers who recommend Arianna Lee have praised them for being local expert, clear communication, responsive, patient, supportive, pleasant, and dedicated

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Delores Goodson

Delores Goodson is a recommended agent for Detroit.  They have 2 local sales and collected 2 local reviews across the last 12 months.

  •   5   (10 reviews)
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Roudtha Amine

Roudtha Amine is a recommended agent for Detroit.  They have 1 local sale and collected 1 local review across the last 12 months.

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