Sold
12625 Monica Street, Detroit, MI 48238
Sold on 04/24/2026 for$48,000
MLS # 20261015121 (Realcomp)
3 beds2 baths1,600 sqftBuilt 19250.09 acres
1 / 25
Listing Description
Excellent investment opportunity! Property includes several key updates such as newer furnace, water heater, updated plumbing, vinyl windows, and block basement windows. With rental potential around $1,300 per month, this home offers strong income potential for investors looking to expand their portfolio.
Source: SparkMLS
About this home
Located in Winterhalter in Detroit, this property offers 3-bedroom, 2-bath, 1,600 sq ft, with original construction dating to 1925.
This home sold for $48,000 (about $30/sq ft).
Property tax estimate: $1,804 per year ($150/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Living Area1,600 sqft
Lot Size0.09 acres
Year Built1925
Stories2
Location
CityDetroit
Zip Code48238
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionVinyl Siding
WaterPublic
SewerPublic
Sale & Financing
Listed3/8/2026
Sold Date4/23/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$1,230
Tax Year2025
State Equalized Value$28,100
Assessed Value$28,100
Parcel #16021948.
Source: Public Records
Legal Description
W MONICA 509 R OAKMANS FORD HWY & GLENDALE SUB L35 P82 PLATS, W C R 16/256 36 X 108
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Melina Eggers
RE/MAX Leading Edge
Frequently Asked Questions about 12625 Monica Street, Detroit, MI 48238
What school district is 12625 Monica Street, Detroit, MI 48238 in?
Per MLS# 20261015121, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 20261015121, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261015121, the most recent reported annual property tax for 12625 Monica Street, Detroit, MI 48238 is $1,303. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 12625 Monica Street, Detroit, MI 48238 eligible for USDA financing?
Per USDA Rural Development boundary data, 12625 Monica Street, Detroit, MI 48238 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 12625 Monica Street, Detroit, MI 48238 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Wayne County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
Tax Estimate
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Annual tax$1,804
Monthly$150
Millage rate64.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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Monthly payment$539
Principal & interest$389
Property taxes$150
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
12625 Monica Street, Detroit, MI 48238
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Neighborhood
Winterhalter
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Community
Detroit
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County
Wayne County
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