For Sale
13821 Fairmount Drive, Detroit, MI 48205
$150,000
MLS # 20261032739 (Realcomp)
3 beds2 baths1,290 sqftBuilt 19480.13 acres
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Listing Description
Welcome to Detroit living at its finest. 13821 Fairmount Dr is a two-story home offering updates while maintaining classic charm. This move-in ready property features 3 bedrooms, bathroom with contemporary finishes, and spacious living areas designed for comfort and functionality. The sewer line was replaced 3 months ago and has an unfinished dry basement providing excellent storage space or future finishing potential, along with a detached garage for added convenience. An optional upgrade is available to have the hardwood floors professionally restained prior to closing to make it a completely turnkey move in ready home. Conveniently located near local amenities, schools, and major roadways, this property is a perfect opportunity for homeowners or investors alike.
Source: SparkMLS
About this home
Located in Mt Olivet in Detroit, this property offers 3-bedroom, 2-bath, 1,290 sq ft, with original construction dating to 1948.
Currently offered at $150,000 (about $116/sq ft).
Property tax estimate: $2,574 per year ($215/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 Area1,290 sqft
Lot Size0.13 acres
Year Built1948
Stories2
Location
CityDetroit
Zip Code48205
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed5/7/2026
Original Price$140,000
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$1,648
Tax Year2025
State Equalized Value$40,100
Assessed Value$40,100
Parcel #21025305.
Source: Public Records
Legal Description
N FAIRMOUNT DR 1189 AND S 9 FT OF VAC ALLEY N & ADJ DRENNAN & SELDONS REGENT PARK SUB NO 2 L59 P20 PLATS, WCR 21/921 40 X 137
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Marvis Burns
Metropolitan Gems
Frequently Asked Questions about 13821 Fairmount Drive, Detroit, MI 48205
What school district is 13821 Fairmount Drive, Detroit, MI 48205 in?
Per MLS# 20261032739, 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# 20261032739, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA, VA Loan. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261032739, the most recent reported annual property tax for 13821 Fairmount Drive, Detroit, MI 48205 is $3,024. 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 13821 Fairmount Drive, Detroit, MI 48205 eligible for USDA financing?
Per USDA Rural Development boundary data, 13821 Fairmount Drive, Detroit, MI 48205 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, 13821 Fairmount Drive, Detroit, MI 48205 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.
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Tax Estimate
$
Annual tax$2,574
Monthly$215
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$1,187
Principal & interest$973
Property taxes$215
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
13821 Fairmount Drive, Detroit, MI 48205
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Neighborhood
Mt Olivet
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Community
Detroit
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County
Wayne County
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