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2569 Alter Rd, Detroit, MI, 48215

5beds
2baths
1,324sqft
$86,450
$65price/sqft
$817/moest. monthly cost
$32,680/yrincome needed

About This Home

Spacious 5 bedroom 2 bathroom located on between Vernon Hwy and Charlevoix St on Detroit's east side just down the street from Grosse Point Park. Home sold as is. Seller is selling their portfolio of 20 properties in Detroit.

Getting Around

69
WalkingSomewhat Walkable
43
TransitSome Transit
65
BikeBikeable

Schools

Construction

Condition

  • Year built: 1924

Materials

  • Foundation: Basement,Block
  • Roof: Asphalt
  • Construction materials: Aluminum Siding

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedroom

  • Level: Entry
  • Area: 42
  • Dimensions: 7 X 6

Bedroom

  • Level: Entry
  • Area: 121
  • Dimensions: 11 X 11

Bedroom

  • Level: Second
  • Area: 154
  • Dimensions: 14 X 11

Bedroom

  • Level: Second
  • Area: 72
  • Dimensions: 9 X 8

Bedroom

  • Level: Second
  • Area: 121
  • Dimensions: 11 X 11

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

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

Family Room

  • Level: Entry
  • Area: 143
  • Dimensions: 13 X 11

Features

  • Finished area above ground: 1,324

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total interior livable area: 1,324 sqft

Kitchen

  • Level: Entry
  • Area: 120
  • Dimensions: 12 X 10

Other

  • Level: Entry
  • Area: 42
  • Dimensions: 7 X 6

Other

  • Level: Second
  • Area: 63
  • Dimensions: 9 X 7

Property

Details

  • Parcel number: W21I063158S
  • Special condition: Short Sale No,Standard

Features

  • Levels: One And One Half
  • Stories: 1
  • Entry location: GroundLevelwSteps
  • Pool features: None

Lot

  • Lot size: 2,613 sqft
  • Lot size dimensions: 30 x 87.97

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
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
Strong Wind
Tornado
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 $437$5,244
Home Insurance *$117$1,404
Property Taxes $75$900
Electricity $188$2,259
Total$817$9,804
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$28,011/yr
40% on housing$24,510/yr
45% on housing$21,786/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

$65This listing

vs Other Active Listings

Avg $/sqft

ZIP 48215$82
Wayne County$99

vs Homes Sold Last Month

Median $/sqft

ZIP 48215$121
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
2026-05-12Listed for sale$86,450
2022-02-18Sold$72,000
2014-04-08Listing removed$850
2013-12-27Listed for rent$850
2004-06-04Sold$20,000

For Sale by Agent

AgentAnthony Vitale
BrokerageRealty Executives Home Towne

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