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7248 Pierson St

Detroit, MI 48228

3 bd 1 ba 1,304 sqft Built 1951 Lot 4,356 sqft single_family
Most recent sale
$115,000
Jul 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 6, 2022 Sold $115,000 Public Record
Jun 30, 2022 Sold $115,000 Realcomp
May 20, 2022 Relisted $100,000 MLS #2220030671
Apr 27, 2022 Listed $100,000 MLS #2220030671
Jul 17, 2002 Sold $91,054 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $15,300 $1,025
2020 $14,300 $1,136
2019 $12,500 $1,119
2018 $12,600 $1,101
2017 $12,900 $1,137
2016 $14,300 $1,252
2015 $15,000 $1,287
2014 $16,832 $1,409
2013 $22,442 $2,391
2012 $25,795 $2,452
2011 $28,296 $2,679
2010 $32,902 $3,048
2009 $40,124 $3,602
2008 $46,656 $3,812
2007 $46,656 $3,770

Property facts

Year built
1951
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,304 sqft
Lot size
4,356 sqft
ZIP code
48228
City
Detroit
Street
Pierson St
Coordinates
42.34383, -83.24242

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$690
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7248 Pierson St last sell?
7248 Pierson St most recently sold on Jul 6, 2022 for $115,000.
What is the current tax assessment for 7248 Pierson St?
The most recent total assessment for 7248 Pierson St (year 2021) is $15,300 with $1,025 in property tax.
How does 7248 Pierson St's assessment compare to its last sale price?
The current assessment is 86.7% below the last sale price of $115,000.
When was 7248 Pierson St built?
7248 Pierson St was built in 1951.
How does 7248 Pierson St compare to others on Pierson St?
We track 8 other properties on Pierson St. Browse the list under "Other properties on Pierson St" to compare beds, baths, and sale history.
What are the property facts for 7248 Pierson St?
7248 Pierson St is a 3 bed, 1 bath, 1,304 sqft, 4,356 sqft lot single_family.
Is 7248 Pierson St a flip candidate?
No — 7248 Pierson St does not appear in our flips dataset.
Is 7248 Pierson St a tax-appeal candidate?
No — 7248 Pierson 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
+4.5%
Implied 1-yr
+18.1%
2026 Q3
$117.8K
2026 Q4
$117.8K
ZIP 48228 — Median Price History + Forecast

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