Photo 1 of 868 Webb ST
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Active · MLS #20261086942
$199,900 3 bd1 ba1,888 sqft

868 Webb ST , Detroit, MI 48202

Est. $1,431/mo with current taxes · · See the breakdown

TypeSingle family residence
Built1913
Lot0.14 acres
Garage2 spaces
Price/sqft$106
On market0 days

About this home

Opportunity awaits with this 1,888 SQFT Colonial offering 3 bedrooms and 1 full bathroom! The main level features a living room, dining room, and kitchen, while the upper level includes all 3 bedrooms and a full bathroom. An unfinished basement provides additional storage space and potential for future use. Outside, you'll find a 2-car detached garage. In need of renovations, this property presents an opportunity for investors or buyers looking to restore a home to its full potential. Conveniently located near major freeways and just 11 minutes from Downtown Detroit. Schedule a showing today! BTVAI

Monthly payment

$1,431per month
Principal & interest$1,137
Property tax, current$12
Homeowners insurance$200
Mortgage insurance (PMI)$82

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$199,900
Beds3
Baths1 full
Square feet1,888
TypeSingle family residence
SubdivisionWILKINS & WILLETTES
CountyWayne
MLS #20261086942
Listed2026-11-02
Days on market0
Year built1913
PossessionNegotiable
Stories2 stories
BasementUnfinished
HeatingForced air, Natural gas
FoundationBasement, Block
Garage spaces2.0
Water / SewerCity water & sewer
Parcel numberW04I003130S
Listing officeKW Professionals

Property taxes: the seller's bill vs. yours

This seller today You, the year after buying
Taxable value$14,170about $99,950
Yearly property tax$141about $6,415

Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $6,274 a year more than this seller pays. The assessor's state equalized value (SEV) is $16,600. 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: Woodward - Calvert (H093). 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 W04I003130S.

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 2026-11-02T23:11+00:00; refreshed at least twice daily.

$199,900Est. $1,431/mo
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