1570 Butternut Street

About this home

Pristine location ... within a football toss to Motor City Casino... note a home sold for $450,000 within walking distance. (1539 Sycamore, Detroit) $450,000. ( $381/sf) The property was brought down to the stubs, providing the ability for someone to create from a blank space. Currently the asking price would put this property at $97/sf. Submit your offer to be in the heart of downtown Detroit. Easy access to I75, easy access to the to Grand River, Easy access to the Lodge.

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 $209,900, or $98 per square foot, 38% above the city median, and has been on the market 7 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 $9,992 a year. A buyer who lives here would pay about $3,768 to $6,804 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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