Sold
5232 Avery Street, 3, Detroit, MI 48208
Sold on 06/04/2026 for$414,500
MLS # 20261023688 (Realcomp)
2 beds3 baths1,278 sqftBuilt 2025
1 / 43
Listing Description
OPEN HOUSES HELD @ OUR MODEL 1636 MERRICK! ASK ABOUT OUR PREFERRED LENDER'S DOWNPAYMENT AND CLOSING COSTS GRANT! Welcome to The Terraces at Woodbridge—a boutique new-construction condominium community perfectly positioned at Avery & Merrick in one of Detroit’s most beloved neighborhoods. Live just one block from local favorites like Woodbridge Pub, Pie Sci, Lexington Bar, and Bash Izakaya, and a short stroll to Barda, Puma, Cafe; Prince, Bev's Bagels, Vesper Books & Wine, and more. This is true walkability at its best. This modern 2-bedroom, 2.5-bath townhome features a private rooftop terrace, an detached garage, and a beautiful courtyard setting. The home includes upgraded finish options such as a designer kitchen backsplash, under-cabinet lighting, and an upgraded lighting package. Eligible for the 15-year NEZ New Construction property tax abatement for principal residents, offering exceptional long-term savings.
Source: SparkMLS
About this home
Located in Jeffries in Detroit, this property offers 2-bedroom, 3-bath, 1,278 sq ft, with original construction dating to 2025.
This home sold for $414,500 (about $324/sq ft).
Estimated annual property tax: $578, or about $48 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 Area1,278 sqft
Year Built2025
Stories3
Location
CityDetroit
Zip Code48208
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick, Other
BasementSlab
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
InteriorHome Warranty
Sale & Financing
Listed4/16/2026
Sold Date6/3/2026
Terms AcceptedCash, Conventional
HOA
HOA Fee$302 / Monthly
Source: SparkMLS
Tax Information
Annual Tax$136
Tax Year2025
State Equalized Value$9,000
Assessed Value$9,000
Parcel #08007046.003
Source: Public Records
Legal Description
PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2028. UNIT 4 WAYNE COUNTY CONDO PLAN NO 1221 "THE TERRACES AT WOODBRIDGE NORTH" RECORDED L58418 P1344, WCR, 1451 SQFT 11.111% SPLIT/C OMBINED ON 12/18/2023 FROM 08007047., 08001481., 08007046.000, 08007048. 08007049., 08007050.;
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Todd D Sykes
Berkshire Hathaway HomeServices The Loft Warehouse
Frequently Asked Questions about 5232 Avery Street, 3, Detroit, MI 48208
What school district is 5232 Avery Street, 3, Detroit, MI 48208 in?
Per MLS# 20261023688, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 5232 Avery Street, 3, Detroit, MI 48208?
Per MLS# 20261023688, 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# 20261023688, the most recent reported annual property tax for 5232 Avery Street, 3, Detroit, MI 48208 is $3,520. 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 5232 Avery Street, 3, Detroit, MI 48208 eligible for USDA financing?
Per USDA Rural Development boundary data, 5232 Avery Street, 3, Detroit, MI 48208 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, 5232 Avery Street, 3, Detroit, MI 48208 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.
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Tax Estimate
$
Annual tax$578
Monthly$48
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$3,039
Principal & interest$2,688
Property taxes$48
HOA$302
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
5232 Avery Street, 3, Detroit, MI 48208
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Neighborhood
Jeffries
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Community
Detroit
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County
Wayne County
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