Canceled
8200 E Jefferson Avenue, 506, Detroit, MI 48214
$103,000
MLS # 20261016797 (Realcomp)
1 bed1 bath750 sqftBuilt 19660 acres
1 / 53
Listing Description
SELLER WILLING TO FINANCE WITH A LAND CONTRACT!!! $1400 per month payment will cover taxes, insurance, association dues. Future increases in any fees or assessments will be handled outside of the monthly payment of $1400. Exciting opportunity to own on the Gold Coast at a most reasonable price! This fifth floor unit with nice updates and lots of storage is available for immediate occupancy. Priced to sell, this waterfront community has so much to offer: 24 hour manned, gated entry, 24 hour front desk, a staffed mailroom, valet parking, a beautiful and free to use 20th floor penthouse with community room, kitchenette, wi-fi, and roof top deck offering stunning views up and down the riverfront. The laundry is also located on the 20th floor so lounging in the penthouse, with free wi-fi while your laundry spins makes this chore something to look forward to! Sitting at the water's edge, this beautiful piece of architecture invites one to really enjoy the location on the water and be so near to conveniences and fun the city has to offer. The very reasonable monthly association fee includes heat, water, inside and outside maintenance, grounds care.
Source: SparkMLS
About this home
Located in Indian Village in Detroit, this property offers 1-bedroom, 1-bath, 750 sq ft, with original construction dating to 1966.
Listed at $103,000 (about $137/sq ft).
Property tax estimate: $4,198 per year ($350/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 SubtypeCondominium
Bedrooms1
Bathrooms1
Living Area750 sqft
Year Built1966
Stories1
Location
CityDetroit
Zip Code48214
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
BasementSlab
HeatingBaseboard, Other
WaterPublic
SewerPublic
Sale & Financing
Listed3/15/2026
Original Price$109,000
Terms AcceptedCash, Conventional, Land Contract
HOA
HOA Fee$663 / Monthly
IncludesLawn/Yard Care, Sewer, Snow Removal, Trash, Water
Source: SparkMLS
Tax Information
Annual Tax$6,311
Tax Year2025
State Equalized Value$65,400
Assessed Value$65,400
Homestead (PRE)100%
Parcel #17000011.050
Source: Public Records
Legal Description
S JEFFERSON E APT 50WAYNE COUNTY CONDOMINIUM SUB PLAN NO 157 AKA SHORELINE EAST CONDO L20863 PG'S 455-83 DEEDS, W C R 17/562 .40%
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Anne Marie DeRosier
Real Estate One-Sterling Heights
Frequently Asked Questions about 8200 E Jefferson Avenue, 506, Detroit, MI 48214
What school district is 8200 E Jefferson Avenue, 506, Detroit, MI 48214 in?
Per MLS# 20261016797, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 20261016797, the seller has indicated this property accepts the following financing types: Cash, Conventional, Land Contract. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261016797, the most recent reported annual property tax for 8200 E Jefferson Avenue, 506, Detroit, MI 48214 is $4,750. 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 8200 E Jefferson Avenue, 506, Detroit, MI 48214 eligible for USDA financing?
Per USDA Rural Development boundary data, 8200 E Jefferson Avenue, 506, Detroit, MI 48214 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, 8200 E Jefferson Avenue, 506, Detroit, MI 48214 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. 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$4,198
Monthly$350
Millage rate64.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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%
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$
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Monthly payment$1,681
Principal & interest$668
Property taxes$350
HOA$663
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
8200 E Jefferson Avenue, 506, Detroit, MI 48214
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Neighborhood
Indian Village
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Community
Detroit
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County
Wayne County
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