Sold
13940 Mayfield Street, Detroit, MI 48205
Sold on 06/17/2026 for$25,500
MLS # 20261013835 (Realcomp)
2 beds3 baths2,640 sqftBuilt 19270.09 acres
1 / 27
Listing Description
Investor special with significant renovation opportunity in Detroit. This property offers a spacious layout with 2 bedrooms, 2.5 bathrooms, and an upper-level loft with a second kitchen, along with a finished basement and fenced yard.Please note: the home requires substantial repairs. The front door is missing, kitchen cabinets and bathroom fixtures have been removed, plumbing has been cut in the basement, and there is a broken window. Property is being sold strictly as-is.Ideal for experienced investors or buyers seeking a full rehab project. Cash only. Buyer to verify all information and condition.
Source: SparkMLS
About this home
Located in Burbank in Detroit, this property offers 2-bedroom, 3-bath, 2,640 sq ft, with original construction dating to 1927.
This home sold for $25,500 (about $10/sq ft).
Property tax estimate: $1,142 per year ($95/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
Bedrooms2
Bathrooms3
Living Area2,640 sqft
Lot Size0.09 acres
Year Built1927
Stories2
Location
CityDetroit
Zip Code48205
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
BasementMichigan Basement
HeatingForced Air
WaterPublic
SewerPublic
InteriorBasement Finished
Sale & Financing
Listed3/3/2026
Sold Date6/16/2026
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$952
Tax Year2025
State Equalized Value$17,800
Assessed Value$17,800
Homestead (PRE)100%
Parcel #21014958.
Source: Public Records
Legal Description
S MAYFIELD 19 GITRE SUB L50 P55 PLATS, WCR 21/753 35 X 112
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Latoyia Compton
Bowers Realty & Investments, Inc
Frequently Asked Questions about 13940 Mayfield Street, Detroit, MI 48205
Which school district serves 13940 Mayfield Street, Detroit, MI 48205?
Per MLS# 20261013835, 13940 Mayfield Street, Detroit, MI 48205 is in the Detroit boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 20261013835, this listing accepts Cash financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 13940 Mayfield Street, Detroit, MI 48205?
Per public tax records, annual property taxes for this property are $893. 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.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 13940 Mayfield Street, 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.
Is 13940 Mayfield Street, Detroit, MI 48205 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. 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.
What utilities serve 13940 Mayfield Street, Detroit, MI 48205?
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.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Tax Estimate
$
Annual tax$1,142
Monthly$95
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$328
Principal & interest$233
Property taxes$95
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
13940 Mayfield Street, Detroit, MI 48205
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Neighborhood
Burbank
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Community
Detroit
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County
Wayne County
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