18696 Washburn ST , Detroit, MI 48221
Est. $549/mo with current taxes · · See the breakdown
About this home
"Welcome to 18696 Washburn, a single-family home located in Detroit's Bagley neighborhood. This DHC x DLBA redevelopment opportunity presents an opportunity for homeowners and investors looking to renovate and restore an existing residential structure. The property is being sold as-is with clear title and no compliance requirements. Interested purchasers must submit their highest and best offer, along with proof of funds sufficient to cover acquisition costs. If buyer is purchasing 3 or more properties, buyer must provide proof of funds and scope of work for each purchase. All offers are subject to review and final approval. Buyer and buyer's agent to verify all property information, measurements, and renovation requirements.
Monthly payment
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.The uncapped 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 | $52,000 |
| Beds | 3 |
| Baths | 2 full |
| Square feet | 1,404 |
| Type | Single family residence |
| Subdivision | PALMYRA WOODS |
| County | Wayne |
| MLS # | 20261086878 |
| Listed | 2026-10-28 |
| Days on market | 0 |
| Year built | 1940 |
| Possession | At closing |
| Stories | 1.5 stories |
| Basement | Unfinished |
| Heating | Forced air, Natural gas |
| Foundation | Basement, Poured |
| Water / Sewer | City water & sewer |
| Parcel number | W16I039378S |
| Listing office | Keller Williams Realty-Great Lakes |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | — | about $26,000 |
| Yearly property tax | $386 | about $1,669 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $1,283 a year more than this seller pays. 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.