532 Alter Rd, Detroit, MI 48215 Property Records

Wayne County property record for 532 Alter Rd, Detroit, MI 48215

Property Summary

Property Type	Multi-Family Dwellings
Details	3 bd · 1.5 ba · 1,797 sqft · built 1955
Lot Size	0.16 acres (6,970 sqft)
Owner	Individual Name on File
Last Sale	$212,000 (Jan 2025)
Tax Bill	$5,307 (2025)
Deeds & Mortgages	Jun 2026 Mortgage Apr 2022 Mortgage + 1 more
Flood Zone	Zone X (reduced by levee)
APN	`21062661`

Property Details

APN / Parcel Number

Primary APN	`21062661`

Interior

Bedrooms	3 Beds
Full Baths	1.5 Baths
Half Baths	1 Half Bath
Plumbing Fixtures	6 Plumbing Fixtures
Total Rooms	8 Rooms
Stories	1 Story
Building Area	1,797 sqft Living Area
1st Floor Area	1,011 sqft
Basement Area	1,011 sqft
Unfinished Basement	1,011 sqft

Exterior

Year Built	Built 1955
Effective Year Built	Effective 1955
Architectural Style	Bungalow
Exterior Material	Brick
Construction Type	Brick
Roof Type	Gable
Lot Area	6,970 sqft (0.16 acres)
Lot Dimensions	135 ft deep x 50 ft wide
Garage Area	400 sqft
Parking Spaces	2 Parking Spaces
Porch	Slab
Porch Area	48 sqft

Utilities, Heating & Cooling

Heating System	Forced Air with A/C
Heating Fuel	Gas

Location & Zoning

Street Address	532 ALTER RD
City	DETROIT
State	MI
Zip	48215-2901
Property Category	Residential
Property Type	Residential > Multi-Unit > Multi-Family Dwellings
Local Zoning Code	R2
Legal Description	E ALTER 136 WINDMILL POINTE SUB L37 P5 PLATS, W C R 21/521 50 X 135
Legal Subdivision	WINDMILL POINTE
Legal Block	102
Jurisdiction	WAYNE MI
Township / Civil Division	DETROIT
Census Block Group	2
Census Block	2012
Census Tract	513200

Owner

Source: Wayne County records · APN 21062661

Assessment roll updated August 5, 2025 · Last verified August 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Individual Name on File
Mailing Address	532 ALTER RD, DETROIT, MI 48215-2901
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Jun 04, 2026	Deed of Trust, Mortgage · Conventional Mortgage GROUP FINANCIAL
Apr 05, 2022	Deed of Trust, Mortgage · FHA Mortgage FREEDOM MORTGAGE CORP
Mar 13, 2019	Warranty Deed, Transfer · FHA Mortgage FREEDOM MORTGAGE CORP

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Jan 02, 2025 · Amount on Record
Deed Sale	Jan 02, 2025 · Amount on Record
Prior Sale	Mar 13, 2019 · Amount on Record
Deed Document Number	20256578
Deed Book / Page	59271 / 625
Prior Transfer Date	Oct 04, 2024
Prior Transfer Doc	0591100136
Record Updated	Sep 20, 2026

June 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	WAYNE MI
Recording Date	Jun 04, 2026
Property Address	532 ALTER RD, DETROIT, MI 48215-2901
Document Number	0000197427
Book / Page	60323 / 1119
Instrument Date	May 28, 2026
Instrument	2026197427
Transaction Type	Mortgage
Record Updated	Aug 11, 2026
Title Company	UNITED WHOLESALE MORTGAGE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	532 ALTER RD, DETROIT, MI 48215-2901

Mortgage

Document Number	0000197427,
Date	Jun 04, 2026
Book Page	60323/1119
Instrument	2026197427

Lender

Name	GROUP FINANCIAL

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Jul 01, 2056

Interest

Rate Type	Fixed Rate
Rate	6.3%
Initial Type	Fixed Rate
Max Rate	-1%

April 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	WAYNE MI
Property Address	532 ALTER RD, DETROIT, MI 48215-2901
Transaction Type	Mortgage
Record Updated	Mar 26, 2024

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	532 ALTER RD, DETROIT, MI 48215-2901

Mortgage

Document Number	0575341380
Date	Apr 05, 2022
Book Page	57534/1380
Instrument	2022127122

Lender

Name	FREEDOM MORTGAGE CORP
Type	Subprime Lender
Address	MOUNT LAUREL, NJ 08054

Agreement

Type	FHA Mortgage
Amount	Amount Recorded
Term	324 Months
Due	Apr 01, 2049

March 2019: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	WAYNE MI
Recording Date	Mar 13, 2019
Property Address	532 ALTER RD, DETROIT, MI 48215-2901
Document Number	0548990310
Book / Page	54899 / 0310
Map Reference	LB 37 PG 5&6
Instrument Date	Mar 08, 2019
Instrument	2019053685
Transaction Type	Transfer
Record Updated	May 24, 2021

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$963.20
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	15400 GRAND RIVER AVE # AVE2ND, 15400, DETROIT, MI 48227-4124

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	260 CROWN ST STE 2, 2, NEW HAVEN, CT 06511-6673

Mortgage

Document Number	2019053686
Date	Mar 13, 2019
Instrument	2019053686

Lender

Name	FREEDOM MORTGAGE CORP
Type	Subprime Lender

Agreement

Type	FHA Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Apr 01, 2049

Tax Assessment & Valuation

Source: Wayne County records · Assessment roll updated August 5, 2025 · Last verified August 2026

Property Jurisdictions

Type	Name
State	Michigan
County	Wayne County
Municipality	Detroit City
Unified School District	Detroit Public Schools Community District (PK - 12)

Tax Bill & Assessment History

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$5,307.00 (+133.27%)	$68,500 (+91.34%)	$137,000 (+91.34%)
2023		$35,800	$71,600
2020	$2,275.00

Flood & Wildfire

Source: FEMA National Flood Hazard Layer as of May 25, 2026 · FEMA NFIP claims and policies as of September 2026 · USDA Forest Service Wildfire Risk to Communities as of 2024 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X reduced by levee · depends on levee performance
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on Record median of 60 policies
Community Rating System	Class 7 (15% premium discount)
Nearby Flood Policies	60 in force
Nearby Flood Claims	37 (1979–2024)
Claims Outside the SFHA	6 of 37
Most Recent Claim	Jan 2024 · rainfall accumulation
Claims by Event	Severe Storms, Tornadoes, And Flooding, Aug 2023 · 2 claims Severe Storms, Flooding, And Tornadoes, Jun 2021 · 14 claims Severe Storms And Flooding, Aug 2014 · 9 claims

Wildfire

Wildfire Risk	Not rated no burnable land within ember reach

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Internet Providers

Source: FCC Broadband Data Collection as of December 31, 2025 · Last verified October 2026

Provider	Max Down / Up (Mbps)
AT&T Fiber · DSL in parts of the area	5,000 / 5,000
Xfinity Cable	2,000 / 250
T-Mobile USA Fixed Wireless	100 / 20

May also be available: Verizon.

Based on FCC filings for 621 locations within half a mile of this property.

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