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427 Melbourne St, Detroit, MI, 48202

5beds
3baths
2,300sqft
$245,000
$107price/sqft
$2,313/moest. monthly cost
$92,520/yrincome needed

About This Home

Discover this fully renovated five-bedroom, two-and-a-half-bath home at 427 Melbourne in Detroit’s North End, just off the Woodward Corridor. Refinished original hardwood floors lead into a totally renovated kitchen with quartz countertops and new stainless appliances—including a gas range, fridge and dishwasher—and fully updated bathrooms with clean, classic finishes. Five bedrooms offer flexibility for work, guests or studio space. A new back porch and fenced yard add welcome outdoor living. Walk to neighborhood favorites like The Schvitz, Hot Bones, Milwaukee Caffe, Kiesling, Supino, MJ’s Ice Cream, Oak & Reel and Freya. Fun fact: the North End once marked the northern edge of Detroit’s historic Paradise Valley, a renowned center of music and nightlife.

Getting Around

67
WalkingSomewhat Walkable
51
TransitGood Transit
64
BikeBikeable

Schools

5/10
3/10
Southeastern High SchoolGrades 9-124.8 mi

Construction

Condition

  • Year built: 1910

Materials

  • Foundation: Basement,Brick Mortar
  • Roof: Asphalt
  • Construction materials: Brick,Vinyl Siding

Notable Dates

  • Major remodel year: 2025

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Free Standing Gas Range,Free Standing Refrigerator
  • Laundry features: Gas Dryer Hookup,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedroom

  • Level: Second
  • Area: 144
  • Dimensions: 12 X 12

Bedroom

  • Level: Second
  • Area: 182
  • Dimensions: 13 X 14

Bedroom

  • Level: Second
  • Area: 196
  • Dimensions: 14 X 14

Bedroom

  • Level: Entry
  • Area: 110
  • Dimensions: 10 X 11

Bedroom

  • Level: Third
  • Area: 360
  • Dimensions: 20 X 18

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Finished area above ground: 2,300

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total interior livable area: 2,300 sqft

Other

  • Level: Second

Other

  • Level: Basement

Other

  • Level: Entry

Property

Details

  • Parcel number: W01I002489S
  • Special condition: Short Sale No,Standard
  • Exclusions: Exclusion(s) Do Not Exist

Features

  • Levels: Three
  • Stories: 3
  • Entry location: GroundLevelwSteps
  • Pool features: None

Lot

  • Lot size: 3,484 sqft
  • Lot size dimensions: 30 x 114.97

Parking

  • Parking features: No Garage

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tsunami

FEMA Declared Disasters in Wayne County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,238$14,856
Home Insurance *$525$6,300
Property Taxes $300$3,600
Electricity $250$3,010
Total$2,313$27,756
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$79,302/yr
40% on housing$69,390/yr
45% on housing$61,680/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$107This listing

vs Other Active Listings

Avg $/sqft

ZIP 48202$125
Wayne County$99

vs Homes Sold Last Month

Median $/sqft

ZIP 48202$92
Wayne County$129

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-28Price change$265,000
2026-03-13Price change$270,000
2026-03-06Listed for sale$275,000
2026-02-09Pending sale$275,000
2025-11-21Listed for sale$275,000
2025-09-10Sold$97,500
2025-08-23Pending sale$103,000
2025-08-15Listed for sale$103,000

For Sale by Agent

AgentGarrett Blair
BrokerageDouglas Rose Realty

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