Sold
3261 Sherbourne Road, Detroit, MI 48221
Sold on 07/14/2026 for$720,000
MLS # 20261032618 (Realcomp)
5 beds5 baths4,590 sqftBuilt 19260.24 acres
1 / 48
Listing Description
Welcome to 3261 Sherbourne, an exceptional restoration in the heart of Detroit’s prestigious Sherwood Forest. Showcasing over 4,600 square feet of finished living space, 5 bedrooms, and 4 baths, this distinguished residence seamlessly blends historic grandeur with elevated modern living. From the moment you enter, the home makes an unforgettable impression with its rich architectural character, refined craftsmanship, and beautifully restored details. Dual staircases, refinished hardwood floors throughout, and an elegant, flowing floor plan create a sense of sophistication in every room. Designed for both gracious entertaining and everyday comfort, the living spaces offer warmth, scale, and timeless appeal. The thoughtfully renovated kitchen is both stylish and functional, featuring stainless steel appliances, quality finishes, and effortless connection to the surrounding living and dining spaces. Upstairs, spacious bedroom accommodations include Jack and Jill-style bedrooms, a second-floor laundry hookup, and a serene primary suite highlighted by an electric fireplace, creating a true private retreat. The third-floor bedroom is complemented by an additional flex space ideal for a home office, sitting room, or generous storage. BATVAI .The finished lower level extends the home’s living experience with a striking custom terrazzo floor, offering the perfect setting for recreation, entertaining, or relaxation. Outside, a brand-new poured driveway enhances both curb appeal and convenience. Rest easy knowing that every essential has been updated: new electrical, plumbing, HVAC, and roof. Even the home’s historic windows have been meticulously restored, preserving their original charm and function. The result is a rare offering that delivers the beauty of a historic estate with the confidence and comfort of modern improvements. Please note the home is being monitored via security system . PRE-APPROVED BUYERS ONLY
Source: SparkMLS
About this home
This 5-bedroom, 5-bath, 4,590 sq ft home built in 1926 sits in Palmer Park in Detroit.
Final sale price: $720,000 (about $157/sq ft).
Annual property taxes run approximately $17,400 ($1,450/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
Bedrooms5
Bathrooms5
Living Area4,590 sqft
Lot Size0.24 acres
Year Built1926
Stories3
Location
CityDetroit
Zip Code48221
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
BasementDaylight, Partial
Garage2 spaces
HeatingForced Air
InteriorBasement Partially Finished
Sale & Financing
Listed5/5/2026
Sold Date7/13/2026
Original Price$775,000
Terms AcceptedCash, Conventional, FHA, VA Loan
HOA
HOA Fee$100 / Annually
Source: SparkMLS
Tax Information
Annual Tax$8,080
Tax Year2025
State Equalized Value$271,100
Assessed Value$271,100
Homestead (PRE)100%
Parcel #02004904.
Source: Public Records
Legal Description
S SHERBOURNE 429 SHERWOOD FOREST SUB L39 P11 PLATS, W C R 2/148 60 X 171.10A
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLHistoric District: Sherwood Forest Historic District
Exterior changes may require Historic District Commission (HDC) approval
Source: Detroit Historic District CommissionUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Andrea Johnson
LV Real Estate Collective LLC
Frequently Asked Questions about 3261 Sherbourne Road, Detroit, MI 48221
What school district is 3261 Sherbourne Road, Detroit, MI 48221 in?
Per MLS# 20261032618, 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# 20261032618, 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# 20261032618, the most recent reported annual property tax for 3261 Sherbourne Road, Detroit, MI 48221 is $7,466. 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 3261 Sherbourne Road, Detroit, MI 48221 eligible for USDA financing?
Per USDA Rural Development boundary data, 3261 Sherbourne Road, 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.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 3261 Sherbourne Road, Detroit, MI 48221 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.
Is this property in a historic district?
Per local historic district records, 3261 Sherbourne Road, Detroit, MI 48221 is located within the Sherwood Forest Historic District. Properties in locally-designated historic districts may require Historic District Commission (HDC) approval for exterior modifications. Contact the local HDC for current guidelines.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. 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$17,400
Monthly$1,450
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$6,322
Principal & interest$4,864
Property taxes$1,450
HOA$8
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
3261 Sherbourne Road, 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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