Photo 1 of 535 Arden Park Boulevard
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Active · MLS #20261041371
$674,900 5 bd4 ba4,761 sqft

535 Arden Park Boulevard, Detroit, MI 48202

Price cut $25,000 since it was listed at $699,900

Est. $5,029/mo with current taxes · · See the breakdown

TypeSingle family residence
Built1922
Lot0.31 acres
Garage3 spaces
Price/sqft$142
On market133 days

About this home

Historic elegance meets modern infrastructure at 535 Arden Park Boulevard. This impressive 5-bedroom, 3.1-bath residence offers over 4,000 square feet of living space in Detroit’s prestigious Arden Park Historic District. Major updates completed between 2018-2020 include a new roof, HVAC system, and electrical upgrades, providing a strong foundation for the next owner. Rich with character and architectural detail, the home offers expansive living areas, generously sized bedrooms, and endless potential. While some trim and cosmetic finishing touches remain, the hard work has already been completed. A rare opportunity to own a grand historic Detroit home with modern mechanicals in one of the city’s most sought-after neighborhoods. The 3 car attached garage offering tons of extra space sitting in the large backyard. The doors on the garage will need replacing and sellers have estimates for repair.

Monthly payment

$5,029per month
Principal & interest$3,839
Property tax, current$711
Homeowners insurance$200
Mortgage insurance (PMI)$278

The tax line is the seller's current bill from the MLS. Michigan uncaps the taxable value the year after a sale, so tap See uncapped taxes for what a buyer will likely pay then. Insurance is a $2,400/yr placeholder and PMI 0.55% of the loan below 20% down. An estimate, not a loan quote.

The facts

Price$674,900
Original price$699,900
Price cut−$25,000
Beds5
Baths3 full, 1 half
Square feet4,761
TypeSingle family residence
SubdivisionMC LAUGHLIN & OWENS
CountyWayne
MLS #20261041371
Listed2026-06-16
Days on market133
Year built1922
PossessionAt closing
Stories2 stories
BasementPartially finished
HeatingForced air, Natural gas
FoundationBasement, Brick & mortar
Garage spaces3.0
Water / SewerCity water & sewer
Parcel numberW03I002668S
Listing officeMatch Realty

Property taxes: the seller's bill vs. yours

This seller today You, the year after buying
Taxable value$63,800about $337,450
Yearly property tax$8,535about $21,659

Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $13,124 a year more than this seller pays. The assessor's state equalized value (SEV) is $266,900. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Detroit's 2025 homestead rate of 64.18 mills and assumes you claim the homestead exemption. See Detroit's full tax breakdown or run the uncapping calculator.

City of Detroit records for this parcel

  • NEZ Homestead district: Arden Park (H086). Owner-occupants who buy here can apply to the City Assessor for a Neighborhood Enterprise Zone certificate, which typically cuts the summer tax bill by 15–20% for up to 15 years. Applications are due October 1 for the following year. The tax estimate above doesn't include it. How NEZ works.
  • Local historic district: Arden Park-East Boston. Exterior changes such as windows, roofing, doors and fences need approval from the Historic District Commission.

From the City of Detroit's current parcel file, parcel W03I002668S.

Location

IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-10-28T01:47+00:00; refreshed at least twice daily.

$674,900Est. $5,029/mo
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