Sold
4873 University Place, Detroit, MI 48224
Sold on 09/11/2025 for$40,000
MLS # 20251020927 (Realcomp)
4 beds1 bath1,194 sqftBuilt 19300.15 acres
1 / 6
Listing Description
Step into this maintained bungalow that perfectly blends comfort, location, and character. Featuring four bedrooms, a cozy living room with a working fireplace, and easy access to public transit and local eateries, this home offers a lifestyle of convenience and warmth.Four bedrooms, ideal for families, guests, or a home office—each thoughtfully sized and full of natural light.Living room warmth: Curl up by the fireplace, a welcoming focal point for relaxing evenings or entertaining.Prime location: Located just minutes from retail shops, cafes, restaurants, and bus lines, simplifying daily commuting and errands.Easy access to transit & services: A short walk to the nearest bus stop means seamless connections across the neighborhood and beyond.This home won’t last long. Contact us now to schedule a private tour, and see for yourself the inviting ambiance and prime location that make this bungalow a standout listing.
Source: SparkMLS
About this home
4-bedroom, 1-bath, 1,194 sq ft home in Finney in Detroit built in 1930.
This home sold for $40,000 (about $34/sq ft).
Annual property taxes run approximately $2,689 ($224/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. Fiber internet is available at this address with download speeds up to 5,000 Mbps across 8 providers.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms4
Bathrooms1
Living Area1,194 sqft
Lot Size0.15 acres
Year Built1930
Stories2
Location
CityDetroit
Zip Code48224
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed7/23/2025
Sold Date9/10/2025
Original Price$55,000
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$1,373
Tax Year2025
State Equalized Value$41,900
Assessed Value$41,900
Parcel #21077516.
Source: Public Records
Legal Description
W UNIVERSITY PL 20 MARY L HARRIS SUB L50 P69 PLATS, W C R 21/818 50 X 133.69
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Nolan Kimbrough
Clients First, REALTORS®
Frequently Asked Questions about 4873 University Place, Detroit, MI 48224
Which school district serves 4873 University Place, Detroit, MI 48224?
Per MLS# 20251020927, 4873 University Place, Detroit, MI 48224 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 financing options are available for 4873 University Place, Detroit, MI 48224?
Per MLS# 20251020927, this listing accepts Cash financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 4873 University Place, Detroit, MI 48224?
Per public tax records, annual property taxes for this property are $2,831. 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, 4873 University Place, Detroit, MI 48224 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 4873 University Place, Detroit, MI 48224 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 internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 4873 University Place, Detroit, MI 48224. The maximum advertised download speed is 5.0 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 4873 University Place, Detroit, MI 48224?
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$2,689
Monthly$224
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$677
Principal & interest$453
Property taxes$224
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
5 Gbps
Upload
5 Gbps
FiberCableGSO SatelliteLicensed Fixed WirelessDSLSatellite
8 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
4873 University Place, Detroit, MI 48224
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Neighborhood
Finney
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Community
Detroit
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County
Wayne County
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