Sold
7316 Warwick Street, Detroit, MI 48228
Sold on 06/17/2026 for$125,000
MLS # 50208042 (MiRealSource)
3 beds1 bathBuilt 19480.12 acres
1 / 19
Listing Description
This is a Fannie Mae HomePath Property. Exceptional 3 Bedroom Brick Bungalow with Full basement and Fenced Yard. Newer Roof, Windows, Fence, Furnace and AC. Fresh Paint and Fixtures throughout. Close proximity to shopping and transportation.
Source: SparkMLS
About this home
3-bedroom, 1-bath home in Rouge in Detroit built in 1948.
Final sale price: $125,000.
Property tax estimate: $2,323 per year ($194/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
Bedrooms3
Bathrooms1
Lot Size0.12 acres
Year Built1948
Location
CityDetroit
MunicipalityDetroit City
Zip Code48228
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
SewerPublic
Sale & Financing
Listed5/17/2026
Sold Date6/16/2026
Terms AcceptedCash, Conventional, FHA, MSHDA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$1,735
Tax Year2025
State Equalized Value$36,200
Assessed Value$36,200
Homestead (PRE)100%
Parcel #27070781.
Source: Public Records
Legal Description
E WARWICK 121 WARRENDALE SUB L43 P38 PLATS, W C R 22/264 40 X 128 NEZH CERT #2007-0781, RELATED #22085756.
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Charles Gorris
Help U Sell Metro Detroit
Frequently Asked Questions about 7316 Warwick Street, Detroit, MI 48228
What school district is 7316 Warwick Street, Detroit, MI 48228 in?
Per MLS# 50208042, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 50208042, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA, MSHDA, VA Loan. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
Is 7316 Warwick Street, Detroit, MI 48228 eligible for USDA financing?
Per USDA Rural Development boundary data, 7316 Warwick Street, Detroit, MI 48228 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, 7316 Warwick Street, Detroit, MI 48228 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. 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$2,323
Monthly$194
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$1,034
Principal & interest$840
Property taxes$194
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
7316 Warwick Street, Detroit, MI 48228
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Neighborhood
Rouge
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Community
Detroit
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County
Wayne County
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