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7428 Drexel St

Dearborn Heights, MI 48127

3 bd 1 ba 1,080 sqft Built 1950 Lot 5,663 sqft single_family
Most recent sale
$80,000
Jun 9, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 18, 2022 Price changed $154,900 MLS #20221019288
Jul 29, 2022 Price changed $164,900 MLS #20221019288
Jul 19, 2022 Listed $169,900 MLS #20221019288
Aug 2, 2021 Relisted $132,900 MLS #2210036439
Jun 9, 2021 Sold $80,000 Public Record
Jun 6, 2021 Price changed $132,900 MLS #2210036439
May 29, 2021 Price changed $134,900 MLS #2210036439
May 19, 2021 Listed $125,000 MLS #2210036439
Aug 7, 2020 Relisted $134,900 MLS #2200050344
Jul 2, 2020 Listed $134,900 MLS #2200050344
Sep 16, 2016 Listed $79,900 MLS #216092314
Aug 25, 2016 Price changed $79,900 MLS #216047036
Jul 9, 2016 Price changed $85,000 MLS #216047036
May 15, 2016 Listed $89,900 MLS #216047036

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $52,600 $1,609
2020 $48,600 $2,188
2019 $45,600 $2,150
2018 $41,300 $2,107
2017 $41,000 $2,110
2016 $37,600 $2,069
2015 $35,000 $1,931
2014 $31,000 $1,944
2013 $29,900 $1,864
2012 $28,100 $1,795
2011 $25,400 $1,515
2010 $28,300 $1,658
2009 $36,400 $2,008
2008 $47,500 $1,404
2007 $49,100 $1,386

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,080 sqft
Lot size
5,663 sqft
ZIP code
48127
City
Dearborn Heights
Street
Drexel St
Coordinates
42.34394, -83.27533

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$480
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7428 Drexel St last sell?
7428 Drexel St most recently sold on Jun 9, 2021 for $80,000.
What is the current tax assessment for 7428 Drexel St?
The most recent total assessment for 7428 Drexel St (year 2021) is $52,600 with $1,609 in property tax.
How does 7428 Drexel St's assessment compare to its last sale price?
The current assessment is 34.3% below the last sale price of $80,000.
When was 7428 Drexel St built?
7428 Drexel St was built in 1950.
How does 7428 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 7428 Drexel St?
7428 Drexel St is a 3 bed, 1 bath, 1,080 sqft, 5,663 sqft lot single_family.
Is 7428 Drexel St a flip candidate?
No — 7428 Drexel St does not appear in our flips dataset.
Is 7428 Drexel St a tax-appeal candidate?
No — 7428 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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