Sold
516 MARSTON Street, Detroit, MI 48202
Sold on 10/06/2023 for$97,000
MLS # 20230061293 (Realcomp)
5 beds1 bath1,482 sqftBuilt 19100.09 acres
1 / 6
Listing Description
Beautiful charming house available in the heart of the north end, close to major express ways and shopping areas. Turn it into your dream home or renter’s delight. Giving the size of the house and an extra lot next to it, it has too much potential. Perfect, for a home owner or rental portfolio. Allow seller 72 hours to review offers. Buyer’s agent to verify info.
Source: SparkMLS
About this home
5-bedroom, 1-bath, 1,482 sq ft home in Middle Woodward in Detroit built in 1910.
Final sale price: $97,000 (about $65/sq ft).
Property tax estimate: $2,413 per year ($201/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
Bathrooms1
Living Area1,482 sqft
Lot Size0.09 acres
Year Built1910
Stories3
Location
CityDetroit
Zip Code48202
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionVinyl Siding
HeatingForced Air
Sale & Financing
Listed7/24/2023
Sold Date10/5/2023
Original Price$109,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$3,760
Tax Year2025
State Equalized Value$37,600
Assessed Value$37,600
Parcel #03002029.
Source: Public Records
Legal Description
S MARSTON W 33.34 FT OF E 66.77 FT 33 ATKINSONS L8 P21 PLATS, W C R 3/94 33.34 X 115
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Fahad Sultan
Motown Property Management Inc
Frequently Asked Questions about 516 MARSTON Street, Detroit, MI 48202
Which school district serves 516 MARSTON Street, Detroit, MI 48202?
Per MLS# 20230061293, 516 MARSTON Street, 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.
What financing options are available for 516 MARSTON Street, Detroit, MI 48202?
Per MLS# 20230061293, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 516 MARSTON Street, Detroit, MI 48202?
Per public tax records, annual property taxes for this property are $956. 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, 516 MARSTON Street, 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 516 MARSTON Street, 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.
What utilities serve 516 MARSTON Street, Detroit, MI 48202?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. 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$2,413
Monthly$201
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$882
Principal & interest$681
Property taxes$201
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
516 MARSTON Street, Detroit, MI 48202
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Neighborhood
Middle Woodward
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Community
Detroit
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County
Wayne County
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