Sold
567 Philip Street, Detroit, MI 48215
Sold on 07/21/2025 for$50,000
MLS # 20250028620 (Realcomp)
Built 19170.13 acres
1 / 1
Listing Description
Investment opportunity in the Jefferson-Chalmers area. This Brick Multi-Family Residential home is located near Jefferson Ave, close to Grosse Pointe shopping centers and restaurants. SOLD AS-IS. NO INTERIOR SHOWINGS. BATVAI. Property was purchased through Detroit Land Bank Authority. Buyer will assume and adhere to DLBA's renovation timeline and guidelines.
Source: SparkMLS
About this home
2-bath home in East Riverside in Detroit built in 1917.
Final sale price: $50,000.
Property tax estimate: $2,497 per year ($208/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Fiber internet is available at this address with download speeds up to 5,000 Mbps across 8 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeMulti Family
Bathrooms2
Lot Size0.13 acres
Year Built1917
Location
CityDetroit
Zip Code48215
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
Sale & Financing
Listed4/23/2025
Sold Date7/20/2025
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$318
Tax Year2025
State Equalized Value$38,900
Assessed Value$38,900
Parcel #21060798.
Source: Public Records
Legal Description
W PHILIP 321 MARSHLAND BLVD SUB L26 P92 PLATS, W C R 21/293 40 X 145.64A
Property Records
FEMA Flood Zone: Zone AE — 100-year floodplain
Flood insurance required for federally backed mortgages
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Yajaira Santiago
KW Domain
Frequently Asked Questions about 567 Philip Street, Detroit, MI 48215
What school district is 567 Philip Street, Detroit, MI 48215 in?
Per MLS# 20250028620, 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 567 Philip Street, Detroit, MI 48215?
Per MLS# 20250028620, the seller has indicated this property accepts the following financing types: Cash. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20250028620, the most recent reported annual property tax for 567 Philip Street, Detroit, MI 48215 is $619. 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 567 Philip Street, Detroit, MI 48215 eligible for USDA financing?
Per USDA Rural Development boundary data, 567 Philip Street, Detroit, MI 48215 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, 567 Philip Street, Detroit, MI 48215 is in flood zone AE (high risk). Flood insurance is required for federally-backed mortgages in this zone. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Is fiber internet available at 567 Philip Street, Detroit, MI 48215?
Per FCC broadband data, this property has access to fiber internet service. The maximum advertised download speed is 5.0 Gbps. 8 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. 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$2,497
Monthly$208
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$597
Principal & interest$389
Property taxes$208
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
5 Gbps
Upload
5 Gbps
FiberCableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
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
567 Philip Street, Detroit, MI 48215
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Neighborhood
East Riverside
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Community
Detroit
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County
Wayne County
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