Pending
7666 Penrod Street, Detroit, MI 48228
$38,500
MLS # 20261029515 (Realcomp)
3 beds1 bath1,005 sqftBuilt 19410.12 acres
1 / 8
Listing Description
**LAND CONTRACT AVAILABLE**3-BEDROOM BUNGALOW IN DETROIT! THIS COZY HOME FEATURES OVER 1,000 SQ. FT. FT., A FULL BASEMENT, AND A DETACHED 1-CAR GARAGE. PERFECT FOR INVESTORS OR FIRST-TIME BUYERS! ALL DATA & MEASUREMENTS ARE APPROXIMATE & NOT GUARANTEED. BUYER TO VERIFY ALL INFO & DATA. SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE DO NOT APPROACH THE HOME WITHOUT A CONFIRMED APPOINTMENT. PLEASE DO NOT DISCUSS OFFERS WITH THE SELLER. PLEASE CONTACT A LICENSEE AGENT OR LISTENING OFFICE TO SCHEDULE A SHOWING.
Source: SparkMLS
About this home
3-bedroom, 1-bath, 1,005 sq ft home in Rouge in Detroit built in 1941.
Currently offered at $38,500 (about $38/sq ft).
Property tax estimate: $1,540 per year ($128/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
Living Area1,005 sqft
Lot Size0.12 acres
Year Built1941
Stories2
Location
CityDetroit
Zip Code48228
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionAluminum Siding
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed4/27/2026
Terms AcceptedCash, Land Contract
Source: SparkMLS
Tax Information
Annual Tax$509
Tax Year2025
State Equalized Value$24,000
Assessed Value$24,000
Homestead (PRE)100%
Parcel #22077550.
Source: Public Records
Legal Description
E PENROD 279 AND W 9 FT VAC ALLEY ADJ WESTHAVEN SUB L40 P75 PLATS, W C R 22/213 40 X 137
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Bessam Muqbel
Realty Shop
Frequently Asked Questions about 7666 Penrod Street, Detroit, MI 48228
Which school district serves 7666 Penrod Street, Detroit, MI 48228?
Per MLS# 20261029515, 7666 Penrod Street, Detroit, MI 48228 is in the Detroit boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 20261029515, this listing accepts Cash, Land Contract financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 7666 Penrod Street, Detroit, MI 48228?
Per public tax records, annual property taxes for this property are $931. 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, 7666 Penrod 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.
Is 7666 Penrod Street, Detroit, MI 48228 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 utilities serve 7666 Penrod Street, Detroit, MI 48228?
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$1,540
Monthly$128
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$378
Principal & interest$250
Property taxes$128
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
7666 Penrod 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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