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7259 Drexel St

Dearborn Heights, MI 48127

3 bd 1 ba 1,002 sqft Built 1950 Lot 5,489 sqft single_family
Most recent sale
$179,000
May 7, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 20, 2024 Listing removed Realcomp
Mar 14, 2024 Price changed $235,000 Realcomp
Mar 4, 2024 Listed $238,000 Realcomp
Mar 1, 2024 Listing removed MichRic
Jan 27, 2024 Price changed $238,500 MichRic
Jan 9, 2024 Listing removed Realcomp
Jan 4, 2024 Listed $239,900 MichRic
Nov 11, 2023 Price changed $239,900 Realcomp
Oct 19, 2023 Listed $245,000 Realcomp
May 7, 2021 Sold $179,000 Realcomp
Apr 8, 2021 Listed $179,999 Realcomp
Jan 7, 2021 Sold $108,000 Realcomp
Dec 10, 2020 Listed $108,000 Realcomp
Dec 4, 2020 Sold $70,000 Public Record
Jul 25, 2012 Sold $49,000 Public Record
May 22, 2012 Listing removed $47,700 Realcomp
Apr 25, 2012 Listing removed $47,700 DownRiver
Apr 5, 2012 Listed $47,700 DownRiver
Apr 2, 2012 Listed $47,700 Realcomp
Mar 9, 2012 Listing removed $54,000 Realcomp
Feb 6, 2012 Price changed $54,000 Realcomp
Jan 23, 2012 Listed $57,000 Realcomp

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $58,200 $2,841
2021 $53,400 $2,700
2020 $50,000 $1,813
2019 $48,600 $1,782
2018 $44,000 $1,746
2017 $43,900 $1,725
2016 $40,200 $1,704
2015 $37,500 $1,552
2014 $33,100 $1,576
2013 $32,100 $1,496
2012 $28,600 $1,306
2011 $29,800 $1,235
2010 $33,400 $1,349
2009 $42,100 $1,561
2008 $55,300 $1,237
2007 $57,200 $1,225

Property facts

Year built
1950
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,002 sqft
Lot size
5,489 sqft
ZIP code
48127
City
Dearborn Heights
Street
Drexel St
Coordinates
42.34233, -83.27596

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,503
Gross rental yield
10.08%
Implied cap rate
6.55%
Trend-extrapolated value

Frequently asked questions

When did 7259 Drexel St last sell?
7259 Drexel St most recently sold on May 7, 2021 for $179,000.
What is the current tax assessment for 7259 Drexel St?
The most recent total assessment for 7259 Drexel St (year 2022) is $58,200 with $2,841 in property tax.
How does 7259 Drexel St's assessment compare to its last sale price?
The current assessment is 67.5% below the last sale price of $179,000.
When was 7259 Drexel St built?
7259 Drexel St was built in 1950.
How does 7259 Drexel St compare to others on Drexel St?
We track 8 other properties on Drexel St. Browse the list under "Other properties on Drexel St" to compare beds, baths, and sale history.
What are the property facts for 7259 Drexel St?
7259 Drexel St is a 3 bed, 1 bath, 1,002 sqft, 5,489 sqft lot single_family.
Is 7259 Drexel St a flip candidate?
Yes — 7259 Drexel St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 7259 Drexel St a tax-appeal candidate?
No — 7259 Drexel St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.5%
Implied 1-yr
+2.0%
2026 Q3
$336.2K
2026 Q4
$337.8K
ZIP 48127 — Median Price History + Forecast

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