15516 Baylis Street

About this home

Updated home with newer roof, new furnace, new hot water heater, and updated electrical panel. Previously prepared for Adult Foster Care (AFC) use; major systems work already complete. The layout supports multi- bedroom group living or a licensed AFC operation, with a finished lower level, multiple bedrooms, and a kitchenette area. Solid investor or owner-operator opportunity with the heavy lifting done.

Interior

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in Detroit

Over the last 90 days, 1,214 homes sold in Detroit for a median of $99,950, about $71 per square foot, and the typical one went under contract in 29 days. This home is listed at $150,000, or $155 per square foot, 118% above the city median, and has been on the market 4 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Detroit sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $3,318 a year. A buyer who lives here would pay about $895 to $4,862 a year once the taxable value resets after the sale, at the 2025 homestead rate of 64.18 mills for Detroit City and Detroit schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.

Location

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