5497 E Outer Dr
Detroit, MI 48234
Mount Olivet- 3 Beds
- 2 Baths
- 1,122 sqft
3 Beds
2 Baths
1,122 sqft
Home Value
Trulia Estimate
$79.4KSince last month
Decreased$2K (-2.8%)Since last year
Decreased$17K (-18%)Since last sale
Increased$22K (+38.1%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +689% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $79K |
| July 2026 | $82K |
| June 2026 | $81K |
| May 2026 | $83K |
| April 2026 | $84K |
| March 2026 | $86K |
| February 2026 | $86K |
| January 2026 | $87K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.03 | Single-Family Home | $55,200 | 12/02/25 | 3 | 1 | 1,051 | |
0.10 | Single-Family Home | $77,500 | 06/17/26 | 3 | 1 | 1,010 | |
0.14 | Single-Family Home | $82,000 | 01/30/26 | 3 | 1.5 | 2,273 | |
0.33 | Single-Family Home | $54,000 | 11/05/25 | 3 | 1.5 | 942 | |
0.26 | Single-Family Home | $50,000 | 09/08/25 | 3 | 1.5 | 1,468 | |
0.30 | Single-Family Home | $62,000 | 04/28/26 | 3 | 2 | 1,422 | |
0.14 | Single-Family Home | $96,428 | 12/19/25 | 3 | 1 | 1,150 | |
0.20 | Single-Family Home | $142,000 | 02/25/26 | 3 | 2 | 1,336 | |
0.39 | Single-Family Home | $65,000 | 11/06/25 | 3 | 1.5 | 942 | |
0.41 | Single-Family Home | $40,000 | 06/29/26 | 3 | 1.5 | 1,237 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $56,000 | 3 | 1 | 1,051 | Foreclosure | |
0.05 | $69,900 | 3 | 1 | 1,024 | For Sale | |
0.09 | $58,700 | 3 | 1 | 1,269 | Off Market | |
0.10 | $77,500 | 3 | 1 | 1,010 | Recently Sold | |
0.11 | $79,700 | 3 | 1 | 1,007 | Off Market | |
0.11 | $77,500 | 3 | 1 | 1,120 | Off Market | |
0.11 | $94,600 | 3 | 1 | 1,160 | Off Market | |
0.12 | $73,200 | 3 | 1 | 1,144 | Off Market | |
0.12 | $65,100 | 3 | 1 | 1,129 | Off Market | |
0.12 | $109,900 | 3 | 2 | 1,006 | Foreclosure | |
0.14 | $58,600 | 2 | 1 | 940 | Off Market | |
0.14 | $82,000 | 3 | 1.5 | 2,273 | Recently Sold |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1946
Living Area
1,122 sqft
Price/Sqft
$71
Parking
Garage
About this House
Newly updated 3 bedroom home, ready for loving family. Qualifications are as follows.
Must make 2-1/2 to 3 times the amount asking price (rent)
Must be able to hold all utilities lights, gas (DTE) including water in your name
There is a $50 dollar application fee and $30 dollar background check that is paid and done on line, no monies are exchanged with management showing the property.
If you are interested and meet the criteria for the property please email, or leave a message. We will let you know date and time of showings.
Upon viewing the property if you find interest a link will be sent to your email that you provide. At that time the fees will be paid (application fee) (background credit check)
Unfortunately at this time this home isn't accepting Section 8 clients
Must make 2-1/2 to 3 times the amount asking price (rent)
Must be able to hold all utilities lights, gas (DTE) including water in your name
There is a $50 dollar application fee and $30 dollar background check that is paid and done on line, no monies are exchanged with management showing the property.
If you are interested and meet the criteria for the property please email, or leave a message. We will let you know date and time of showings.
Upon viewing the property if you find interest a link will be sent to your email that you provide. At that time the fees will be paid (application fee) (background credit check)
Unfortunately at this time this home isn't accepting Section 8 clients
5497 E Outer Dr, Detroit, MI 48234 is a 3 bedroom, 2 bathroom, 1,122 sqft single-family home in Mount Olivet, built in 1946. It last sold for $57,500 on Jul 27, 2022. More recently, it was listed as a rental in June 2021 with an asking price of $1,000 per month. That rental listing was removed on June 22, 2021. It is currently off market. The Trulia Estimate is $79,400, with a rent estimate of $1,328/month.
Home Details for 5497 E Outer Dr
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|---|
Interior Details Basement |
Heating & Cooling Heating: Forced Air, GasHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1.25 |
Appliances & Utilities DryerRefrigerator |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: AsphaltExterior: Brick |
Parking & Garage GarageParking: None, Garage |
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Year Built Year Built: 1946 |
Property Type / Style Property Type: Single Family HomeArchitecture: Other |
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Lot Area: 6098 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 27, 2022 Source: N/A | Sold | $57,500 |
Jun 22, 2021 Source: Zillow Rental Manager | ListingRemoved | |
Jun 15, 2021 Source: Zillow Rental Manager | Listed For Rent | $1,000 |
Apr 13, 2021 Source: N/A | Sold | $35,900 |
Mar 4, 2021 Source: Realcomp II #2210013228 | Pending | $35,900 |
Mar 1, 2021 Source: Realcomp II #2210013228 | Listed For Sale | $35,900 |
Oct 16, 2019 Source: Agent Provided | ListingRemoved | $795 |
Oct 5, 2019 Source: Agent Provided | Listed For Rent | $795 |
Jul 27, 2017 Source: N/A | Sold | $35,000 |
Aug 19, 2016 Source: N/A | Sold | $12,500 |
Aug 3, 2016 Source: Agent Provided | Pending | $11,000 |
Jul 21, 2016 Source: Agent Provided | Listed For Sale | $11,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | Unavailable | $29,900 |
Home facts updated by county records
Market trends in Detroit
Last updated July 2026
Avg. sale price
$93.42K
$9.33KMoM
Sale-to-List Price
97.8%
0.8%MoM
Price per sq ft
$74
$5MoM
Available listings
3507
45MoM
Around this home
What Locals Say about Mount Olivet
At least 35 Trulia users voted on each feature.
87 % Say there are sidewalks
85 % Say yards are well-kept
84 % Say car is needed
77 % Say parking is easy
77 % Say kids play outside
66 % Say it's walkable to grocery stores
63 % Say there's holiday spirit
60 % Say it's dog friendly
59 % Say it's quiet
49 % Say streets are well-lit
47 % Say they plan to stay for at least 5 years
44 % Say it's walkable to restaurants
44 % Say neighbors are friendly
38 % Say there's wildlife
33 % Say there are community events
26 % Say people would walk alone at night
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 5497 E Outer Dr
- What is 5497 E Outer Dr estimated to be worth?Trulia's estimated value for 5497 E Outer Dr in Detroit, MI is $79,400.
- What is the price history for 5497 E Outer Dr?5497 E Outer Dr in Detroit, MI last sold for $57,500 in July 2022.
- Is Detroit a buyer's or seller's market?Detroit is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Detroit?The median sale price in Detroit is $93.42K. That is up $9.33K from the prior month.
- How big is the lot at 5497 E Outer Dr?The lot at 5497 E Outer Dr in Detroit, MI is about 0.14 acres (6,098 sq ft).
- Does 5497 E Outer Dr have a garage?Yes, 5497 E Outer Dr in Detroit, MI has a garage.