Detroit  »  48224  »  Finney

5540 Grayton Street, Detroit, MI 48224

East English Village, Finney, Far East Detroit, Detroit
Building in Finney
2 Stories
Built in 1930
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Welcome to 5540 Grayton Street, a building located in East English Village, Finney, Far East Detroit, Detroit in Detroit, MI. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1930. There are a total of 2 floors. Finally, 5540 Grayton Street was most recently sold on Feb 2, 2018 for $66,750. In total, the total market value of the property as a whole is $94,600. According to local assessors, the total value of the building is currently valued at $47,300. The building was last assessed in 2023.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Facts
General
Year Built
1930
Effective Year Built
1930
Building Count
1
Bedroom Count
0
Bathroom Count
3
Full Bathrooms
2
Partial Bathrooms
3
Bathroom Plumbing Fixtures
8
Building Condition
unknown
Building Quality
C
Construction Type
unknown
Building Style
Duplex
Exterior Walls Type
Brick
Interior Walls Type
unknown
Roof Shape Type
Gable
Roof Cover Type
unknown
Floor Count
2
Floor Cover
unknown
Basement Type
Unspecified basement
Basement Area
1,092
Garage Type
Garage
Garage Square Area
360
Parking Space Count
1
Patio Type
unknown
Porch Type
Covered porch
Pool Type
unknown
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
unknown
Property Class
Residential
Subdivision
LD COS SUB
Land Acres
0.13
Standard Land Use Code
Duplex (2 units, any combination)
County Land Use Code
unknown
Legal Description 1
E GRAYTON 447 EASTERN HEIGHTS LD COS SUB NO 1 L50 P4 PLATS, W C R 21/738 39 X 150
Ownership
Current Owner
LISA GOFF CONSULTING 401K PLAN
Current Owner's Name
LISA GOFF CONSULTING 401K PLAN
Previous Owner
5540 GRAYTON ST LLC
Previous Owner's Name
PENSCO TRUST COMPANY
Previous Owner 2's Name
JANNICE PAYNE IRA
Owner Address - City
NAPA
Owner Address - State
CA
Owner Address - ZIP Code
94559
Owner Before Previous Owner
B3 HOLDINGS LLC
Current Owner Is a Corporation Indicator
Yes
Neighborhood
School District Name
Detroit City School District
School Tax School District
DETROIT
Census Tract
501400
Census Block Code
3001
Census Group
3
Census Year
2021
Census - Combined Statistical Area - Area Code
220
Census - Combined Statistical Area - Area Name
Detroit-Warren-Ann Arbor, MI
Census - County FIPS
26163
Census - Full FIPS
261635014003001
Census - Metropolitan Division - Area Code
19804
Census - Metropolitan Division - Area Name
Detroit-Dearborn-Livonia, MI
Census - Metro Micro Statistical Area - Area Code
19820
Census - Metro Micro Statistical Area - Area Name
Detroit-Warren-Dearborn, MI
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
2622000
Census Source
US Census Bureau
Census State FIPS
26
Census Tract Code
501400
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
2601103
School District - Unified - Name
Detroit Public Schools Community District
Zoning
Zoning
R1
Geography
Assessors Map Reference
LB 20313
District
01
Parcel
21074009.
Block
206
Lot Code
unknown
Municipality
DETROIT CITY
Latitude
42.4093
Longitude
-82.9344
FIPS
26163
Mailing Carrier Code
C064
Mailing Full Street Address
1522 F ST
Mailing House Number
1522
Mailing Street Mode
ST
Mailing Street
F
Mailing 4-Digit Zip Code
1149
Geo Status Code
unknown
Valuation
Timestamp
2024-03-26 20:04:53
UCID Flag
C
More About The Building
In total, the building area is listed as 2,230 square feet. The depth of the property lot was measured at 1,500 square feet and the front at 390 square feet. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 5540 Grayton Street is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Finney area have a median price of $1,175. Those in the 25th percentile, have a price around $963. While those in the 75th percentile, have a price around $1,350. Typically, the buildings in this area have a median sqft of 2,105. That means that the median price per sqft is around $1. In other words, the price per sqft for buildings in the 25th percentile is $0. While the price per sqft for buildings in the 75th percentile is $1. As a breakdown, we've included the following stats:

  • There is currently one advertised studio listing.
  • There is currently a single advertised one bedroom listing.
  • There are currently a total of 5 two bedroom listings. The median price for these types of listings is $1,000. That's $1.00 price per sqft.

  • There are currently a total of 2 three bedroom listings. The median price for these types of listings is $1,300. That's $0.59 price per sqft.

  • There is currently a single advertised four bedroom listing.
About The Area
5540 Grayton Street is located in 48224. There are 42,361 people living here. There are 14,273 households. Most of these households have an average family size of 3.68 people. According to the census, 44% are currently renting while 56% own their homes. The median age of this population is around 31.5 years old. On average, most folks in the zipcode are unmarried. About 2% of folks speak a language other than English in this area. The area's employment rate is currently around 44%. Speaking of employment, the median income is $30,041. Most folks will commute by car for around 30.3 minutes. Finally, we know that 35% of residents in the area have graduated with their high school degree. Additionally, 9% and 5% have their Bachelor's and Master's degree, respectfully.

Moving on to the county level. Wayne County, Michigan has a population of 1,767,593 people. Based on census records, there are 669,412 registered households. Families in this area are on average made up of 3.37 people per household. Most folks are unmarried. They are also typically around 37.8 years old. Does diversity matter to you? Right now, 14% of folks speak a language other than English here. About 38% rent while 62% purchased their homes. Right now, the community is made up of 30% of residents who have graduated with at least a high school degree. On top of that, 14% have a Bachelor's degree and 9% have a Master's degree. The employment rate is currently around 51.1%. Those employed, have a median income of $42,043. If you move here, you can expect to commute mostly by car for around 25.2 minutes.

Finally, let's take a look at the stats related to Detroit, MI Urban Area. The urban area is home to 3,726,964 people. A total of 1,455,538 households are registered here. With average family sizes being listed at 3.22 people. About 27% of residents have graduated with a high school degree. Of the rest, 18% have their Bachelor's and 12% have their Master's degree. Folks speaking a language other than English, make up about 14% of the population. Looking to move to this urban area? You'll need to look forward to commuting by car for around 26.0 minutes. Speaking of your commute, 56.2% of people in this area are employed. The recorded median income is currently at $52,546 per year. The median population age has been listed at 39.4 years old. Interestingly enough, unmarried people make up the majority of the population. Last but not least, renters make up about 33% of the population while homeowners are at about 67% of the population.
-
Studio Median Rent
-
1BR Median Rent
$1,000
2BR Median Rent
$1,300
3BR Median Rent
PUBLIC TRANSIT
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