For Sale
18481 Fairfield Street, Detroit, MI 48221
$534,500
MLS # 20261041449 (Realcomp)
4 beds4 baths3,405 sqftBuilt 19340.16 acres
1 / 43
Listing Description
Historic charm meets modern luxury. Thoughtfully restored to preserve its timeless character, this stunning home features a preserved wood-paneled library, spacious living areas, and beautiful architectural details throughout.The reimagined kitchen, dining room, and sunroom create a seamless flow perfect for entertaining and everyday living. Upstairs, the spacious primary suite offers a luxury bath with a double vanity and walk-in shower, a large walk-in closet, dedicated second-floor laundry, and a private rooftop terrace. Generously sized secondary bedrooms and an updated full bath complete the second level.The finished third floor provides an additional bedroom and full bath, while the partially finished basement offers flexible living space. Outside, enjoy a newly installed driveway, detached garage, and spacious backyard. Located in one of Detroit's most sought-after historic neighborhoods, this move-in-ready home perfectly blends historic character with modern convenience.
Source: SparkMLS
About this home
This 4-bedroom, 4-bath, 3,405 sq ft home built in 1934 sits in Palmer Park in Detroit.
Listed at $534,500 (about $157/sq ft).
Property tax estimate: $14,705 per year ($1,225/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
Bedrooms4
Bathrooms4
Living Area3,405 sqft
Lot Size0.16 acres
Year Built1934
Stories3
Location
CityDetroit
Zip Code48221
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
BasementPartial
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
InteriorBasement Partially Finished
Sale & Financing
Listed6/3/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$6,362
Tax Year2025
State Equalized Value$229,100
Assessed Value$229,100
Homestead (PRE)100%
Parcel #02003522.
Source: Public Records
Legal Description
W FAIRFIELD 27 LINCOLNSHIRE SUB L38 P8 PLATS, W C R 2/150 50 X 139.10A
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Demetrius Scott
KW Metro
Frequently Asked Questions about 18481 Fairfield Street, Detroit, MI 48221
Which school district serves 18481 Fairfield Street, Detroit, MI 48221?
Per MLS# 20261041449, 18481 Fairfield Street, Detroit, MI 48221 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# 20261041449, this listing accepts Cash, Conventional, FHA, VA Loan financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 18481 Fairfield Street, Detroit, MI 48221?
Per public tax records, annual property taxes for this property are $14,897. 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, 18481 Fairfield Street, Detroit, MI 48221 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 18481 Fairfield Street, Detroit, MI 48221 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 18481 Fairfield Street, Detroit, MI 48221?
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.
Map
Tax Estimate
$
Annual tax$14,705
Monthly$1,225
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$4,692
Principal & interest$3,467
Property taxes$1,225
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
18481 Fairfield Street, Detroit, MI 48221
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Neighborhood
Palmer Park
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Community
Detroit
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County
Wayne County
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