Photo 1 of 17550 Steel ST
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Active · MLS #20261086850
$199,900 4 bd2 ba2,672 sqft

17550 Steel ST , Detroit, MI 48235

Est. $1,954/mo with property taxes uncapped · See the breakdown

TypeSingle family residence
Built1937
Lot0.1 acres
Garage1 spaces
Price/sqft$75
On market0 days

About this home

Welcome Home! Stunning Fully Updated 4 Bedroom 2 Full Bath Brick Bungalow...Highly Desirable Neighborhood...New Kitchen with Quartz Countertops & Stainless Steel Appliances with full asking offer...New Floors Throughout...Freshly Painted...Beautiful Bathrooms...Large Basement.....New Windows...Huge Fenced in Yard with Detached Garage...This Will Not Last Long...Schedule Your Showing Today!

Monthly payment

$1,954per month
Principal & interest$1,137
Property tax, uncapped$535
Homeowners insurance$200
Mortgage insurance (PMI)$82

The tax line is this home's bill after it uncaps: half the price times 64.18 mills, the 2025 homestead rate here. 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$199,900
Beds4
Baths2 full
Square feet2,672
TypeSingle family residence
SubdivisionMORTENSONS BENJ F MORTENC REST 1
CountyWayne
MLS #20261086850
Listed2026-10-27
Days on market0
Year built1937
PossessionAt closing
Stories2 stories
BasementFinished, Full
HeatingForced air, Natural gas
FoundationBasement, Block
Garage spaces1.0
Water / SewerCity water & sewer
Parcel numberW22I022456S
Listing officeOwn It Realty

Property taxes: the seller's bill vs. yours

This seller today You, the year after buying
Taxable value$39,806about $99,950
Yearly property tax$3,116about $6,415

Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $3,299 a year more than this seller pays. The assessor's state equalized value (SEV) is $69,800. 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: McNichols - Appoline (H039). 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.

From the City of Detroit's current parcel file, parcel W22I022456S.

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 2026-10-27T15:11+00:00; refreshed at least twice daily.

$199,900Est. $1,954/mo
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