Sold
616 Belmont Street, Detroit, MI 48202
Sold on 10/15/2024 for$83,000
MLS # 24028991 (Michigan Regional Information Center (MichRIC))
4 beds2 baths1,824 sqftBuilt 19150.1 acres
1 / 16
Listing Description
This Colonial is YOURS TO DESIGN from the inside and out, whichever way your heart desires. Welcome to 616 BELMONT STREET located just a hop skip and a jump from DOWNTOWN DETROIT which takes you just about 11 Minutes when driving. This properties potential has yet to be touched! With comparable property selling for upwards of $350K, THE ROI IS UNMATCHED. This Home has 4 Bedrooms, and 2 Bathrooms, with just over 1,800 SqFt. This Place is HUGE and can host all your gatherings! Do not miss this opportunity before it is gone. Start building your portfolio today!**PURCHASER MUST ASSUME DLBA COMPLIANCE, BUY USING CASH, AND RECEIVE A QCD FOR TITLE**
Source: SparkMLS
About this home
4-bedroom, 2-bath, 1,824 sq ft home in Middle Woodward in Detroit built in 1915.
Closed at $83,000 (about $46/sq ft).
Annual property taxes run approximately $1,598 ($133/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Broadband is available with download speeds up to 1,200 Mbps from 8 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms4
Bathrooms2
Living Area1,824 sqft
Lot Size0.1 acres
Year Built1915
Stories2
Location
CityDetroit
MunicipalityDetroit City
Zip Code48202
CountyWayne
School DistrictDetroit City School District
Construction & Systems
StyleColonial
ConstructionBrick
BasementFull
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed6/6/2024
Sold Date10/14/2024
Terms AcceptedOther, Cash
Source: SparkMLS
Tax Information
Annual Tax$0
Tax Year2025
Assessed Value$0
Parcel #03002708.
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 12/30/2024. S BELMONT E 35 FT 90 MOORE HODGES & WARRENS L14 P13 PLATS, W C R 3/119 35 X 128
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Nathaniel Richards
Keller Williams Professionals
Frequently Asked Questions about 616 Belmont Street, Detroit, MI 48202
What school district is 616 Belmont Street, Detroit, MI 48202 in?
Per MLS# 24028991, this property is served by Detroit City School District. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 616 Belmont Street, Detroit, MI 48202?
Per MLS# 24028991, the seller has indicated this property accepts the following financing types: Other, Cash. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 24028991, the most recent reported annual property tax for 616 Belmont Street, Detroit, MI 48202 is $1,598 (2023). 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 616 Belmont Street, Detroit, MI 48202 eligible for USDA financing?
Per USDA Rural Development boundary data, 616 Belmont 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.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 616 Belmont Street, Detroit, MI 48202 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 616 Belmont Street, Detroit, MI 48202?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 616 Belmont Street, Detroit, MI 48202. The maximum advertised download speed is 1.2 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. 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
$
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$616
Principal & interest$616
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
1.2 Gbps
Upload
35 Mbps
CableLicensed 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
616 Belmont 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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