Sold
411 E Ferry Street, 15, Detroit, MI 48202
Sold on 07/09/2026 for$430,000
MLS # 20261046839 (Realcomp)
2 beds3 baths1,484 sqftBuilt 2021
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Listing Description
Welcome to this modern carriage home on historic E. Ferry, just two blocks from the Q-Line. Built in 2021, this home blends classic architectural style with today’s modern features. Inside, you’ll find an open floor plan with cathedral ceilings, recessed lighting, and hardwood floors throughout. The layout includes two primary suites, each with its own en suite bath, with one offering a walk-in closet—ideal for flexible living or guests.The kitchen features quartz countertops, soft-close cabinetry, and a Samsung stainless steel appliance package, perfect for everyday living and entertaining. This home is part of the 17-unit North Ferry Condominium development and was one of the final units completed.A major bonus is the NEZ tax abatement, which expires December 2034, reducing the millage rate from approximately 69.14 mills to about 17 mills, meaning significantly lower property taxes compared to most homes in the area. Modern living, strong location, and long-term tax savings all in one.
Source: SparkMLS
About this home
This 2-bedroom, 3-bath, 1,484 sq ft home built in 2021 sits in Lower Woodward in Detroit.
This home sold for $430,000 (about $290/sq ft).
Estimated annual property tax: $5,212, or about $434 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
Bathrooms3
Living Area1,484 sqft
Year Built2021
Stories1
Location
CityDetroit
Zip Code48202
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
BasementSlab
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed6/20/2026
Sold Date7/8/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
HOA
HOA Fee$475 / Monthly
IncludesLawn/Yard Care, Trash
Source: SparkMLS
Tax Information
Annual Tax$7,728
Tax Year2025
State Equalized Value$81,200
Assessed Value$81,200
Homestead (PRE)100%
Parcel #23002019.028
Source: Public Records
Legal Description
N FERRY UNIT 15 NORTH FERRY WAYNE COUNTY CONDOMINIUM SUB PLAN NO 687 L37283 P83-127 DEEDS, W C R 1/232 FIRST AMENDMENT RECORDED L40698 P75-87 DEEDS, WCR SECOND AMENDMENT RECORDED L43296 P71-88 DEEDS, WCR THIRD AMENDMENT RECORDED L45272 P453-472 DEEDS , WCR 1/232 5.8824%; 1,867 SQ FT
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLHistoric District: East Ferry 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 James Byrd
Berkshire Hathaway HomeServices The Loft Warehouse
Frequently Asked Questions about 411 E Ferry Street, 15, Detroit, MI 48202
Which school district serves 411 E Ferry Street, 15, Detroit, MI 48202?
Per MLS# 20261046839, 411 E Ferry Street, 15, Detroit, MI 48202 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.
Can I use FHA or VA financing for this property?
Per MLS# 20261046839, 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 411 E Ferry Street, 15, Detroit, MI 48202?
Per public tax records, annual property taxes for this property are $1,416. 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, 411 E Ferry Street, 15, Detroit, MI 48202 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 411 E Ferry Street, 15, Detroit, MI 48202 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.
Is 411 E Ferry Street, 15, Detroit, MI 48202 in a historic district?
Per municipal ordinance records, this property is within the East Ferry Historic District. Exterior changes to properties in locally-designated historic districts typically require approval from the Historic District Commission. Verify current requirements with the local HDC.
What utilities serve 411 E Ferry Street, 15, Detroit, MI 48202?
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$5,212
Monthly$434
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$3,698
Principal & interest$2,789
Property taxes$434
HOA$475
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
411 E Ferry Street, 15, Detroit, MI 48202
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Neighborhood
Lower Woodward
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Community
Detroit
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County
Wayne County
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