Sold
3434 Russell Street, 107, Detroit, MI 48207
Sold on 05/01/2026 for$600,000
MLS # 20261018510 (Realcomp)
2 beds2 baths1,780 sqftBuilt 1917
1 / 40
Listing Description
Located within the iconic FD Lofts, this industrial-style condo blends historic Detroit character with elevated modern design. Soaring ceilings, polished concrete floors, and exposed brick and ductwork create an authentic loft aesthetic, complemented by thoughtful, high-end updates throughout. The open concept kitchen features marble countertops, sleek cabinetry, and premium appliances, flowing seamlessly into a light-filled living space framed by oversized windows and original architectural detail. A private lofted primary suite overlooks the main level and features a walk-in closet with custom built-ins, while an additional mezzanine offers flexibility for a home office, guest space, or creative studio. Clean, modern bathrooms with stylish finishes complete the space. Just steps from Eastern Market and minutes to downtown, the location offers unbeatable walkability, vibrant city energy, and access to some of Detroit’s best dining, shopping, and outdoor spaces, all with impressively low taxes under $1,000/year.
Source: SparkMLS
About this home
This 2-bedroom, 2-bath, 1,780 sq ft home built in 1917 sits in Middle East Central in Detroit.
Final sale price: $600,000 (about $337/sq ft).
Estimated annual property tax: $12,439, or about $1,037 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 SubtypeCondominium
Bedrooms2
Bathrooms2
Living Area1,780 sqft
Year Built1917
Stories2
Location
CityDetroit
Zip Code48207
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
BasementSlab
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed3/26/2026
Sold Date4/30/2026
Terms AcceptedCash, Conventional
HOA
HOA Fee$498 / Monthly
IncludesLawn/Yard Care, Sewer, Snow Removal, Trash
Source: SparkMLS
Tax Information
Annual Tax$571
Tax Year2025
State Equalized Value$193,800
Assessed Value$193,800
Parcel #23002015.036
Source: Public Records
Legal Description
E RUSSELL UNIT 7 APT 107; WAYNE COUNTY CONDO PLAN NO 1021 "FD LOFTS" MASTER DEED RECORDED 8-8-14 L.51704 P.735 DEEDS, WCR 07/108 1,232SF & 3.05% NEZ CERTIFICATE #N2015-036, RELATED PARCEL 07002459.007
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Alexander Chapman
@properties Christie's Int'l R.E. Birmingham
Frequently Asked Questions about 3434 Russell Street, 107, Detroit, MI 48207
What school district is 3434 Russell Street, 107, Detroit, MI 48207 in?
Per MLS# 20261018510, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 20261018510, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261018510, the most recent reported annual property tax for 3434 Russell Street, 107, Detroit, MI 48207 is $515. 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 3434 Russell Street, 107, Detroit, MI 48207 eligible for USDA financing?
Per USDA Rural Development boundary data, 3434 Russell Street, 107, Detroit, MI 48207 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, 3434 Russell Street, 107, Detroit, MI 48207 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.
Map
Tax Estimate
$
Annual tax$12,439
Monthly$1,037
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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%
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Monthly payment$5,588
Principal & interest$4,053
Property taxes$1,037
HOA$498
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
3434 Russell Street, 107, Detroit, MI 48207
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Neighborhood
Middle East Central
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Community
Detroit
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County
Wayne County
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