14298 Chelsea ST , Detroit, MI 48213
Est. $490/mo with current taxes · · See the breakdown
About this home
GREAT DETROIT NEIGHBORHOOD! EXCELLENT VALUE-ADD OPPORTUNITY IDEAL FOR INVESTORS SEEKING A RENTAL OR FLIP. PROPERTY NEEDS FULL REHAB AND IS PRICED ACCORDINGLY, OFFERING STRONG UPSIDE POTENTIAL. BRING YOUR VISION AND CAPITALIZE ON THIS INVESTMENT OPPORTUNITY—PRICED TO SELL!
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 | $12,900 |
| Beds | 4 |
| Baths | 2 full |
| Square feet | 1,287 |
| Type | Single family residence |
| Subdivision | — |
| County | Wayne |
| MLS # | 20261088657 |
| Listed | 2026-11-03 |
| Days on market | 0 |
| Year built | 1925 |
| Possession | At closing |
| Stories | 1.5 stories |
| Basement | Unfinished |
| Heating | Forced air, Natural gas |
| Foundation | Basement, Brick & mortar |
| Water / Sewer | City water & sewer |
| Parcel number | W21I007851S |
| Listing office | Keller Williams Legacy |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $15,913 | about $6,450 |
| Yearly property tax | $2,537 | about $414 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. The assessor's state equalized value (SEV) is $21,800. 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 2026-11-03T21:03+00:00; refreshed at least twice daily.