8295 Terry ST , Detroit, MI 48228
Est. $446/mo with current taxes · · See the breakdown
About this home
"Welcome to 8295 Terry, a residential property located in Detroit's Joy Schaefer/Aviation Sub. 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 the purchase price and proposed renovations. This DHC x DLBA redevelopment opportunity presents an opportunity for homeowners and investors looking to renovate and restore an existing residential structure. All offers are subject to review and final approval. Buyer and buyer's agent to verify all property information, measurements, and renovation requirements. Buyers agent must accompany all buyers during showing."
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 | $35,000 |
| Beds | 3 |
| Baths | 1 full |
| Square feet | 1,088 |
| Type | Single family residence |
| Subdivision | CHASE HIGHLANDS SUB |
| County | Wayne |
| MLS # | 20261087584 |
| Listed | 2026-10-29 |
| Days on market | 0 |
| Year built | 1973 |
| Possession | At closing |
| Stories | 1 story |
| Basement | Unfinished |
| Heating | Forced air, Natural gas |
| Foundation | Basement, Poured |
| Water / Sewer | City water & sewer |
| Parcel number | W22I043330S |
| Listing office | Real Estate One-Southfield |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | — | about $17,500 |
| Yearly property tax | $386 | about $1,123 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $737 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 2026-10-29T20:22+00:00; refreshed at least twice daily.