2516 Townsend Street
Detroit, MI 48214
Single Family Residence · MLS # 20261087839 · Listing courtesy of Signature Sotheby's International Realty Bham
About this home
What if your home could produce as much energy as it uses? At 2516 Townsend, we're bringing that idea to life with a new net-zero home in Detroit's Villages neighborhood. Construction is underway, with time for you to make it yours. Designed for energy independence. Solar panels and battery storage generate and store electricity, while geothermal heating and cooling taps into the steady temperature underground. A heat-pump water heater, high-performance building envelope, and fresh-air ventilation work together to reduce energy use without compromising comfort. Modern design, made for everyday life. Two spacious bedrooms, each with a private en suite bathroom, 9-foot ceilings on every level, a work-from-home nook, and a mudroom with a half bath. Black casement windows and a clean, modern exterior give the home its character, while the finished basement adds room for storage, hobbies, or whatever life calls for next. Eligible for Detroit's NEZ New Construction tax abatement, offering significant property tax savings for up to 15 years. Set in The Villages, 2516 Townsend puts local coffee shops, restaurants, and parks within walking distance, with Belle Isle, the Detroit Riverwalk, Downtown, Eastern Market, and Grosse Pointe all just minutes away.
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 $450,000, or $278 per square foot, 292% above the city median, and has been on the market 12 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
A buyer who lives here would pay about $14,586 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
Similar homes in Detroit
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