Sold
7520 Hanover Street, Detroit, MI 48206
Sold on 10/17/2024 for$34,500
MLS # 24033447 (Michigan Regional Information Center (MichRIC))
2 beds1 bath0 sqftBuilt 19200.09 acres
1 / 14
Listing Description
INVESTOR SPECIAL.... SELLER HAS MULTIPLE PROPERTIES FOR SALE AND ALL PROPERTIES ARE AVAILABLE FOR SALE VIA CASH OR LAND CONTRACT. LAND CONTRACT TERMS WILL VARY BASED UPON DOWN PAYMENT AMOUNT AND TERMS NEEDED. 9621 PETOSKEY, 2305 TUXEDO, 31 FLORENCE, 5756 ST. CLAIR, 7520 HANOVER & 13219 DEXTER
Source: SparkMLS
About this home
Located in Rosa Parks in Detroit, this property offers 2-bedroom, 1-bath, with original construction dating to 1920.
This home sold for $34,500.
Estimated annual property tax: $1,078, or about $90 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. Fiber internet is available at this address with download speeds up to 5,000 Mbps across 9 providers.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms2
Bathrooms1
Lot Size0.09 acres
Year Built1920
Stories1
Location
CityDetroit
MunicipalityDetroit City
Zip Code48206
CountyWayne
School DistrictDetroit City School District
Construction & Systems
StyleRanch
ConstructionAluminum Siding
BasementFull
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed6/29/2024
Sold Date10/16/2024
Original Price$48,000
Terms AcceptedCash, Land Contract
Source: SparkMLS
Tax Information
Annual Tax$518
Tax Year2025
State Equalized Value$16,800
Assessed Value$16,800
Homestead (PRE)100%
Parcel #08009173.
Source: Public Records
Legal Description
E HANOVER 48 OSBORN & MCCALLUMS SUB L10 P51 PLATS, W C R 8/80 30 X 127.64
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Kristal Covington
Assets Realty Group, LLC
Frequently Asked Questions about 7520 Hanover Street, Detroit, MI 48206
Which school district serves 7520 Hanover Street, Detroit, MI 48206?
Per MLS# 24033447, 7520 Hanover Street, Detroit, MI 48206 is in the Detroit City School District boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit City School District directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 24033447, this listing accepts Cash, Land Contract financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 7520 Hanover Street, Detroit, MI 48206?
Per public tax records, annual property taxes for this property are $570 (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.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 7520 Hanover Street, Detroit, MI 48206 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 7520 Hanover Street, Detroit, MI 48206 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 internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 7520 Hanover Street, Detroit, MI 48206. The maximum advertised download speed is 5.0 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 7520 Hanover Street, Detroit, MI 48206?
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.
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$1,078
Monthly$90
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$362
Principal & interest$272
Property taxes$90
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
9 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
7520 Hanover Street, Detroit, MI 48206
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Neighborhood
Rosa Parks
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Community
Detroit
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County
Wayne County
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