Photo 1 of 12802 Strathmoor Street
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Active · Government owned · MLS #20261080395
$45,000 4 bd2 ba1,960 sqft

12802 Strathmoor Street, Detroit, MI 48227

Price cut $10,000 since it was listed at $55,000

Est. $665/mo with current taxes · · See the breakdown

TypeSingle family residence
Built1936
Lot0.16 acres
Price/sqft$23
On market0 days

About this home

HUD-owned property sold AS IS. Buyer to verify all information, measurements, features, and condition. Seller makes no representations or warranties regarding property condition. Equal Housing Opportunity.

Monthly payment

$665per month
Principal & interest$256
Property tax, current$190
Homeowners insurance$200
Mortgage insurance (PMI)$19

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$45,000
Original price$55,000
Price cut−$10,000
Beds4
Baths2 full
Square feet1,960
TypeSingle family residence
SubdivisionSTRATHMOOR
CountyWayne
MLS #20261080395
Listed2026-10-28
Days on market0
Year built1936
PossessionAt closing
Stories2 stories
BasementUnfinished
HeatingForced air, Natural gas
FoundationBasement, Block
Water / SewerCity water & sewer
FireplaceYes
Parcel numberW22I037723S
Listing officeKeller Williams Realty-Great Lakes

Property taxes: the seller's bill vs. yours

This seller today You, the year after buying
Taxable value$16,225about $22,500
Yearly property tax$2,283about $1,444

Michigan caps a homeowner's taxable value until the home sells, then it resets. The assessor's state equalized value (SEV) is $27,500. 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.

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 2026-10-28T20:20+00:00; refreshed at least twice daily.

$45,000Est. $665/mo
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