Sold
20520 Dresden Street, Detroit, MI 48205
Sold on 06/16/2026 for$33,000
MLS # 20261031929 (Realcomp)
2 beds2 baths680 sqftBuilt 19490.11 acres
1 / 18
Listing Description
Cozy ranch with very minimum work needed located on Detroit's east side Can be lived in as is. Great investment or for first time home owner Land contract offered. Buyer does not have to have perfect credit, as long as their income is verifiable and they have been on the job at least a year. House has working furnace and water heater is fairly new. Newer roof and vinyl siding.
Source: SparkMLS
About this home
2-bedroom, 2-bath, 680 sq ft home in Mt Olivet in Detroit built in 1949.
This home sold for $33,000 (about $49/sq ft).
Estimated annual property tax: $931, or about $78 monthly. 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
Bathrooms2
Living Area680 sqft
Lot Size0.11 acres
Year Built1949
Stories2
Location
CityDetroit
Zip Code48205
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionAluminum Siding
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed5/5/2026
Sold Date6/15/2026
Terms AcceptedCash, Land Contract
Source: SparkMLS
Tax Information
Annual Tax$720
Tax Year2025
State Equalized Value$14,500
Assessed Value$14,500
Parcel #21034794.
Source: Public Records
Legal Description
E DRESDEN 305 AND W 9' VAC ALLET ADJ MC GIVERIN-HALDEMANS SEVEN MILE DRIVE SUB NO 1 L60 P32 PLATS, W C R 21/940 40 X 125.15A
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Daryl B Harris
Black Diamond Realty
Frequently Asked Questions about 20520 Dresden Street, Detroit, MI 48205
What school district is 20520 Dresden Street, Detroit, MI 48205 in?
Per MLS# 20261031929, 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# 20261031929, the seller has indicated this property accepts the following financing types: Cash, Land Contract. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261031929, the most recent reported annual property tax for 20520 Dresden Street, Detroit, MI 48205 is $829. 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 20520 Dresden Street, Detroit, MI 48205 eligible for USDA financing?
Per USDA Rural Development boundary data, 20520 Dresden 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.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 20520 Dresden Street, 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$931
Monthly$78
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$305
Principal & interest$227
Property taxes$78
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
20520 Dresden Street, 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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