Sold
5001 UNDERWOOD Street, Detroit, MI 48204
Sold on 04/23/2025 for$175,000
MLS # 20240084826 (Realcomp)
4 beds2 baths2,336 sqftBuilt 19220.1 acres
1 / 33
Listing Description
Magnificent three-story colonial home on a great block just minutes from Downtown. Close to major freeways, stadiums, theatres, and restaurants. This would be fantastic home or short-term rental. Nice private back yard. Alarm system included. Refrigerator, stove and microwave stay. Gas fireplace can be converted back to wood burning. Newer roof, paint, carpet, furnace, central air, and most windows. This home has so much potential. Attic space can be converted to living space. Back porch can be enclosed for a nice 3 season room. Room sizes estimated. Buyer to verify all information. Thank you for checking out our listing.
Source: SparkMLS
About this home
This 4-bedroom, 2-bath, 2,336 sq ft home built in 1922 sits in Tireman in Detroit.
This home sold for $175,000 (about $75/sq ft).
Property tax estimate: $1,200 per year ($100/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Broadband is available with download speeds up to 2,000 Mbps from 7 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Tour
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms4
Bathrooms2
Living Area2,336 sqft
Lot Size0.1 acres
Year Built1922
Stories3
Location
CityDetroit
Zip Code48204
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
BasementPartial
Garage2 spaces
HeatingHot Water
WaterPublic
SewerPublic
InteriorBasement Partially Finished
Sale & Financing
Listed11/9/2024
Sold Date4/22/2025
Original Price$225,000
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$1,586
Tax Year2025
State Equalized Value$18,700
Assessed Value$18,700
Homestead (PRE)100%
Parcel #16004077.
Source: Public Records
Legal Description
S UNDERWOOD 463 DAILEY PARK SUB L29 P80 PLATS, W C R 16/185 35 X 120
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Dennis Rutowski
Epique Realty
Frequently Asked Questions about 5001 UNDERWOOD Street, Detroit, MI 48204
What school district is 5001 UNDERWOOD Street, Detroit, MI 48204 in?
Per MLS# 20240084826, 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# 20240084826, 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# 20240084826, the most recent reported annual property tax for 5001 UNDERWOOD Street, Detroit, MI 48204 is $1,365. 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 5001 UNDERWOOD Street, Detroit, MI 48204 eligible for USDA financing?
Per USDA Rural Development boundary data, 5001 UNDERWOOD Street, Detroit, MI 48204 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, 5001 UNDERWOOD Street, Detroit, MI 48204 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 fiber internet available at 5001 UNDERWOOD Street, Detroit, MI 48204?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 5001 UNDERWOOD Street, Detroit, MI 48204. The maximum advertised download speed is 2.0 Gbps. 7 internet providers serve this address. Confirm availability and speeds directly with providers.
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$1,200
Monthly$100
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$1,235
Principal & interest$1,135
Property taxes$100
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
2 Gbps
Upload
250 Mbps
CableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
7 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
5001 UNDERWOOD Street, Detroit, MI 48204
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Neighborhood
Tireman
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Community
Detroit
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County
Wayne County
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