868 Webb ST , Detroit, MI 48202
Est. $1,431/mo with current taxes · · See the breakdown
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
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 | $199,900 |
| Beds | 3 |
| Baths | 1 full |
| Square feet | 1,888 |
| Type | Single family residence |
| Subdivision | WILKINS & WILLETTES |
| County | Wayne |
| MLS # | 20261086942 |
| Listed | 2026-11-02 |
| Days on market | 0 |
| Year built | 1913 |
| Possession | Negotiable |
| Stories | 2 stories |
| Basement | Unfinished |
| Heating | Forced air, Natural gas |
| Foundation | Basement, Block |
| Garage spaces | 2.0 |
| Water / Sewer | City water & sewer |
| Parcel number | W04I003130S |
| Listing office | KW Professionals |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $14,170 | about $99,950 |
| Yearly property tax | $141 | about $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.