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Single Family ResidenceResidential
$62,000$53 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 87How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $19,000 on Oct 16, 2025

5540 GUILFORD ST

DETROIT, MI 48224
1.5
Baths
1,169 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.16 ac
Lot SizeThe size of the land the home sits on, from county records.
1928
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$62K
$54K low$70K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$19,000 · Oct 16, 2025

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,125 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$37,900 (2026)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$39,100
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$75,800

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyWAYNE
Lot (acres)The size of the land the home sits on, from county records.0.16
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Porch · 79 ft²

Transaction History(3)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
East English Village Preparatory Academy at FinneyD-
High · Grades 9–12 · 0.2 mi
E
Marquette Elementary-Middle SchoolF
Elementary · Grades PK–8 · 0.7 mi

District: Detroit Public Schools Community District

Neighborhood · ZIP 48224These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.122
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.95
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.23

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.85%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.9.1%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.31%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.39,514
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.6,883 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$47,558
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$62,037
Average tempThe average temperature here across a full year.49°F
Annual precipHow much rain and melted snow falls here in a typical year.34 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.53%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

5540 Guilford St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 89% of homes in Wayne County
  • Costs less per square foot than 91% of homes in Wayne County
  • Bigger than 71% of homes in Cornerstone Village
  • Has a bigger lot than 93% of homes in Detroit 48224
  • Older than 86% of homes in Cornerstone Village

What homes are worth in Detroit 48224

Each bar is how many homes fall in that price range. The marker is this home.

This home
$39K$233K

This home is worth more than 17% of homes in Detroit 48224.

How it measures up in Detroit 48224

The dot is this home. The mark in the middle is the typical home in Detroit 48224.

Estimated value$62,000
CheaperTypical $88,681Pricier

Pricier than 17% of homes nearby

Price per ft²$53
CheaperTypical $77Pricier

Pricier than 10% of homes nearby

Living area1,169 ft²
SmallerTypical 1,191 ft²Bigger

Bigger than 47% of homes nearby

Lot size0.16 ac
SmallerTypical 0.11 acBigger

Bigger than 93% of homes nearby

Year built1928
OlderTypical 1940Newer

Newer than 14% of homes nearby

How 5540 Guilford St ranks against every home in each area.
MeasureThis homeCornerstone VillageDetroit 48224Wayne County
Estimated valuepricier than$62,00026% of homes17% of homes11% of homes
Price per ft²pricier than$5310% of homes10% of homes9% of homes
Living areabigger than1,169 ft²71% of homes47% of homes42% of homes
Lot sizebigger than0.16 ac89% of homes93% of homes65% of homes
Year builtnewer than192814% of homes14% of homes18% of homes

About 5540 Guilford St

How much is 5540 Guilford St, Detroit, MI worth?

The TopHap Estimate for 5540 Guilford St, Detroit, MI is $62,000 as of Sep 24, 2026. The likely range is $54,038 to $69,962. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5540 Guilford St, Detroit, MI last sell?

5540 Guilford St, Detroit, MI last sold on Oct 16, 2025 for $19,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 5540 Guilford St, Detroit, MI?

5540 Guilford St, Detroit, MI has 1.5 bathrooms, 1,169 square feet of living space and a 0.16-acre lot.

When was 5540 Guilford St, Detroit, MI built?

5540 Guilford St, Detroit, MI was built in 1928, making it 98 years old. The building has 1 story.

What schools serve 5540 Guilford St, Detroit, MI?

5540 Guilford St, Detroit, MI is assigned to East English Village Preparatory Academy at Finney (high), rated D-; Marquette Elementary-Middle School (elementary), rated F. All sit in Detroit Public Schools Community District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5540 Guilford St, Detroit, MI compare to other homes in Detroit 48224?

Among the 16,198 homes in Detroit 48224, it is worth more than 17% of them ($62,000 against a typical $88,681), its price per square foot is higher than 10% of them ($53 against a typical $77), it is bigger than 47% of them (1,169 ft² against a typical 1,191 ft²), its lot is bigger than 93% of them (0.16 ac against a typical 0.11 ac) and it is newer than 14% of them (1928 against a typical 1940). Measured against all of Wayne County, it is worth more than 11% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 5540 Guilford St, Detroit, MI?

The 2025 property tax bill for 5540 Guilford St, Detroit, MI was $1,125. The county assessed it at $37,900.

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