20215 Spencer ST , Detroit, MI 48234
Est. $1,297/mo with property taxes uncapped · See the breakdown
About this home
Welcome to this beautifully updated brick bungalow conveniently located with easy access from Eight Mile Rd and Van Dyke Ave, featuring a long list of modern upgrades! Step inside to find new flooring throughout the first floor, a remodeled kitchen with brand-new cabinets, beautiful countertop, and a fully refreshed bathroom with new tile, new toilet, and new vanity. The home also offers new light fixtures, new baseboards, new outlets, and new heating vents throughout, and new carpet on the second floor for a fresh, move-in–ready feel. Perfect for first-time home buyers or investors. Schedule your showing today! All measurements are estimated.
Monthly payment
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 | $125,000 |
| Beds | 3 |
| Baths | 2 full |
| Square feet | 1,181 |
| Type | Single family residence |
| Subdivision | BASE LINE SUB |
| County | Wayne |
| MLS # | 20261086881 |
| Listed | 2026-10-27 |
| Days on market | 0 |
| Year built | 1942 |
| Possession | At closing |
| Stories | 2 stories |
| Basement | Unfinished |
| Heating | Forced air, Natural gas |
| Foundation | Basement, Block |
| Water / Sewer | City water & sewer |
| Parcel number | W15I006045S |
| Listing office | RE/MAX Leading Edge |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $23,814 | about $62,500 |
| Yearly property tax | $4,328 | about $4,012 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. The assessor's state equalized value (SEV) is $45,400. 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 2026-10-27T17:29+00:00; refreshed at least twice daily.