5507 E Outer Dr
Detroit, MI 48234
Mount Olivet- 3 Beds
- 2 Baths
- 980 sqft
3 Beds
2 Baths
980 sqft
Home Value
Trulia Estimate
$70.5KSince last month
Decreased$4K (-4.9%)Since last year
Decreased$19K (-21.1%)Since last sale
Increased$61K (+583.8%)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 +253% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $72K |
| July 2026 | $74K |
| June 2026 | $76K |
| May 2026 | $74K |
| April 2026 | $77K |
| March 2026 | $80K |
| February 2026 | $79K |
| January 2026 | $79K |
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 | |
0.09 | Single-Family Home | $77,500 | 06/17/26 | 3 | 1 | 1,010 | |
0.34 | Single-Family Home | $54,000 | 11/05/25 | 3 | 1.5 | 942 | |
0.20 | Single-Family Home | $142,000 | 02/25/26 | 3 | 2 | 1,336 | |
0.14 | Single-Family Home | $82,000 | 01/30/26 | 3 | 1.5 | 2,273 | |
0.13 | Single-Family Home | $96,428 | 12/19/25 | 3 | 1 | 1,150 | |
0.26 | Single-Family Home | $50,000 | 09/08/25 | 3 | 1.5 | 1,468 | |
0.35 | Single-Family Home | $40,000 | 07/17/26 | 3 | 1 | 1,025 | |
0.40 | Single-Family Home | $65,000 | 11/06/25 | 3 | 1.5 | 942 | |
0.31 | Single-Family Home | $62,000 | 04/28/26 | 3 | 2 | 1,422 |
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 | |
0.06 | $45,000 | 3 | 1 | 1,024 | For Sale | |
0.09 | $55,800 | 3 | 1 | 1,269 | Off Market | |
0.09 | $77,500 | 3 | 1 | 1,010 | Recently Sold | |
0.10 | $79,100 | 3 | 1 | 1,007 | Off Market | |
0.10 | $75,200 | 3 | 1 | 1,120 | Off Market | |
0.10 | $91,600 | 3 | 1 | 1,160 | Off Market | |
0.12 | $70,700 | 3 | 1 | 1,144 | Off Market | |
0.11 | $62,700 | 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
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Home Highlights
Property Type
Single-Family Home
Year Built
1947
Living Area
980 sqft
Price/Sqft
$72
Parking
Garage
About this House
SOLD AS IS, DISCLOSURE EXEMPT. PROOF OF FUNDS/BANK APPROVAL AND UTILITY TURN ON ALL REQUIRED. BUYER RESPONSIBLE FOR CITY INSPECTIONS & SIGN ACR. ALL MEASUREMENTS AND DATA ARE ESTIMATED & APPROXIMATED. LISTING BROKER TO RETAIN E.M.D. ADDENDUMS PROVIDED AFTER ACCEPTED OFFER.<br/><br/>Brokered And Advertised By: RE/MAX PREMIER REALTY INC<br/>Listing Agent: JOHN KOERNER
5507 E Outer Dr, Detroit, MI 48234 is a 3 bedroom, 2 bathroom, 980 sqft single-family home in Mount Olivet, built in 1947. It last sold for $10,500 on Apr 26, 2010. It is currently off market. The Trulia Estimate is $70,500, with a rent estimate of $1,229/month.
Home Details for 5507 E Outer Dr
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Interior Details Basement |
Heating & Cooling Heating: Forced AirCooling System: CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1 |
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Exterior Home Features Roof: AsphaltExterior: Brick |
Parking & Garage GarageParking Space: 1Parking: Garage Attached |
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Year Built Year Built: 1947 |
Property Type / Style Property Type: Single Family HomeArchitecture: Other |
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Lot Area: 6098 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Apr 26, 2010 Source: N/A | Sold | $10,500 |
Feb 7, 2010 Source: Agent Provided | Listed For Sale | $13,365 |
May 8, 2009 Source: N/A | Sold | $96,966 |
Jan 13, 2006 Source: N/A | Sold | $120,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | Unavailable | $28,000 |
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.
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Apartments for Rent
Homes for sale near 5507 E Outer Dr
Off Market Homes Near 5507 E Outer Dr
Frequently asked questions about 5507 E Outer Dr
- What is 5507 E Outer Dr estimated to be worth?Trulia's estimated value for 5507 E Outer Dr in Detroit, MI is $70,500.
- What is the price history for 5507 E Outer Dr?5507 E Outer Dr in Detroit, MI last sold for $10,500 in April 2010.
- 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.
- Does 5507 E Outer Dr have air conditioning?Yes, 5507 E Outer Dr in Detroit, MI has air conditioning.
- How big is the lot at 5507 E Outer Dr?The lot at 5507 E Outer Dr in Detroit, MI is about 0.14 acres (6,098 sq ft).