16503 Sussex ST , Detroit, MI 48235
Est. $1,152/mo with current taxes · · See the breakdown
About this home
This Spacious Brick Bungalow is an Affordable Opportunity in 48235 in the desirable Northwest Detroit area. Natural Fireplace is great to cozy up for movie night. Warm Hardwood Floors throughout the roomy Living & Dining Room. Ready to move in with an Upgraded kitchen, Bathroom, Carpet in Bedrooms, Furnace, Electrical, & Pex plumbing. This Reasonably priced Home is Great for first time buyers or as a first time Investment; a Prime Opportunity to earn Extra Income; reliable tenant paying $1250/mo that’s $15,000/ year income with plenty of room for growth. Multiple Down Payment Grants Available to purchase this home with No Money Down. This Affordable Opportunity awaits you to Claim as your Own.
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 | $129,900 |
| Beds | 3 |
| Baths | 1 full, 1 half |
| Square feet | 1,531 |
| Type | Single family residence |
| Subdivision | TARABUSI GREENFIELD GARDENS |
| County | Wayne |
| MLS # | 20261088386 |
| Listed | 2026-11-02 |
| Days on market | 1 |
| Year built | 1941 |
| Possession | Negotiable |
| Stories | 1.5 stories |
| Basement | Full, Partially finished |
| Heating | Forced air, Natural gas |
| Foundation | Basement, Block |
| Garage spaces | 2.0 |
| Water / Sewer | Water at street / Sewer at street |
| Parcel number | W22I046670S |
| Listing office | HJS Realty |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $20,015 | about $64,950 |
| Yearly property tax | $1,909 | about $4,169 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $2,260 a year more than this seller pays. The assessor's state equalized value (SEV) is $49,500. 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 2026-11-03T10:57+00:00; refreshed at least twice daily.