700 Parker Street
Detroit, MI 48214
Single Family Residence · MLS # 20261078151 · Listing courtesy of Kermath Realty LLC
About this home
Privately nestled in historic West Village this beauty was built in 1911 by Chittenden & Kotting. The home is known for its Flemish Renaissance construction with a European interior that will not disappoint. From the forty seven foot Italian marble foyer and hall to the three story German oak staircase wrapped around Belgium stain glass. The interior view of this home is breath taking. Every room is grand in size, including the bedrooms; two include fireplaces as well as the dining room and living room. And if that was not enough, the third floor entertainment room known as the ball room back in the day takes on a presence of its own. The mansion includes an additional private entrance with in law living quarters featuring 3 bedrooms, a full bath & kitchen / living area. Furthermore, there is a separate carriage house garage and apartment all designed around 13,500 square ft. of beautiful gardens and grounds. This home has been loved and updated to its amazing beauty. We welcome you to come and experience it for yourself.
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 $1,200,000, or $132 per square foot, 86% above the city median, and has been on the market 1 day. 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 $4,649 a year. A buyer who lives here would pay about $3,910 to $38,896 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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