Sold
7540 HOLMES Street, Detroit, MI 48210
Sold on 04/16/2025 for$30,000
MLS # 20250023490 (Realcomp)
3 beds1 bath1,129 sqftBuilt 19200.07 acres
1 / 1
Listing Description
Great bones with this ranch home. 3 bedrooms, one can be used as a family room or bedroom, basement, finished attic space could be office or additional bedroom/living space. Unfinished basement, 2 car detached garage, fully fenced. Needs some TLC. Immediate occupancy.
Source: SparkMLS
About this home
This 3-bedroom, 1-bath, 1,129 sq ft home built in 1920 sits in Chadsey in Detroit.
This home sold for $30,000 (about $27/sq ft).
Annual property taxes run approximately $1,149 ($96/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Broadband is available with download speeds up to 2,000 Mbps from 7 providers. 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
Living Area1,129 sqft
Lot Size0.07 acres
Year Built1920
Stories1
Location
CityDetroit
Zip Code48210
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionAluminum Siding, Vinyl Siding
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed3/31/2025
Sold Date4/15/2025
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$839
Tax Year2025
State Equalized Value$17,900
Assessed Value$17,900
Homestead (PRE)100%
Parcel #18004155.
Source: Public Records
Legal Description
N HOLMES 136 WM L HOLMES & FRANK A VERNORS SUB L16 P73 PLATS, W C R 18/366 30 X 103
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Terry D Randall
RE/MAX Dream Properties
Frequently Asked Questions about 7540 HOLMES Street, Detroit, MI 48210
What school district is 7540 HOLMES Street, Detroit, MI 48210 in?
Per MLS# 20250023490, 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 7540 HOLMES Street, Detroit, MI 48210?
Per MLS# 20250023490, 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# 20250023490, the most recent reported annual property tax for 7540 HOLMES Street, Detroit, MI 48210 is $816. 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 7540 HOLMES Street, Detroit, MI 48210 eligible for USDA financing?
Per USDA Rural Development boundary data, 7540 HOLMES Street, Detroit, MI 48210 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, 7540 HOLMES Street, Detroit, MI 48210 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 7540 HOLMES Street, Detroit, MI 48210?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 7540 HOLMES Street, Detroit, MI 48210. The maximum advertised download speed is 2.0 Gbps. 7 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
$
Annual tax$1,149
Monthly$96
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$290
Principal & interest$195
Property taxes$96
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
2 Gbps
Upload
250 Mbps
CableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
7 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
7540 HOLMES Street, Detroit, MI 48210
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Neighborhood
Chadsey
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Community
Detroit
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County
Wayne County
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