78 Watson ST # 3, Detroit, MI 48201

Est. $4,818/mo with current taxes · See uncapped taxes · See the breakdown

About this home

Location~Convenience~LIVE WORK Space! What an amazing lifestyle! Walk to Ford Field for the Lions, Comerica Park for the Tigers and Little Caesars Arena for the Pistons, Red WIngs, Concerts and the Arts—all while enjoying the luxury lifestyle of historic Brush Park. Meet friends for dinner at Second Best, Grey Ghost or Bar Pigalle. Catch a show at the Fox, spend an afternoon at the DIA or take the QLINE downtown. Sports, dining, art and entertainment are right outside your door. Welcome to 78 Watson, Unit 3, an ultra-rare 2-bedroom, w/flex room & 2-full-bath! A Luxury LOFT-offering approximately 1,700 square feet in the historic Carola Building. It is an exceptional value for its size and location in Brush Park and Midtown. Oversized windows fill the home with natural light, while soaring ceilings, raw concrete and radiant heated floors create authentic loft character. The expansive open living area gives you room to entertain, dine and relax, with a sunny window nook perfect for reading, music or enjoying the view. The renovated kitchen features brand-new quartz countertops, a huge island with seating, refinished cabinets, newer appliances and an upgraded new backsplash. It flows into the dining area and out to the covered rear porch. A large walk-in storage room could easily become an oversized pantry. The primary suite features large windows, concrete floors, a gigantic walk-in closet and oversized bath with soaking tub, separate shower, large vanity and laundry closet. The bright second bedroom has loft ceilings, while barn doors give the flex room-fully enclosed with barn doors-could be used as a guest room, office or den. Updates include a tankless water heater, heat pump and dual mini-splits installed in December 2022. Parking includes one dedicated gated space plus access to four shared, first-come, first-served spaces. Picture yourself here—surrounded by the history, energy and luxury lifestyle of Brush Park.

Monthly payment

The facts

Property taxes: the seller's bill vs. yours

Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $3,431 a year more than this seller pays. The assessor's state equalized value (SEV) is $267,300. 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 - Erskine (H139). 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. This parcel already carries an NEZ certificate, which is part of why the seller's bill is low. Ask the City Assessor what happens to it at sale. How NEZ works.
• Local historic district: Brush Park. Exterior changes such as windows, roofing, doors and fences need approval from the Historic District Commission.

From the City of Detroit's current parcel file, parcel W01I000749S003.

Location

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