1242 Elm ST , Wyandotte, MI 48192
Est. $790/mo with current taxes · · See the breakdown
About this home
**Welcome Home to 1242 Elm Street in Wyandotte!** Located in an amazing Wyandotte neighborhood, this 3-bedroom, 1-bath home offers a great opportunity for someone looking to add their own personal touches and make a home their own. The property features a **large, fully fenced backyard** that provides plenty of room for outdoor entertaining, gardening, pets, play, or simply enjoying your own private outdoor space. A shed adds convenient storage for lawn equipment, tools, and outdoor belongings. Inside, the home offers three bedrooms and a full bath, along with plenty of potential for future improvements. The home features a **roof installed in 2018** and **upgraded sewer pipes**, providing important updates to the major systems. The existing wallpaper and paneling offer a blank canvas for your decorating ideas and allow you to transform the space to fit your personal style. This home is being offered at a price that **allows room for improvements and the opportunity to build equity**. Bring your vision, your creativity, and your ideas—and turn this home into something special! And don't overlook the location! Situated in a wonderful Wyandotte neighborhood, you'll enjoy the community, nearby conveniences, and all that makes Wyandotte such a desirable place to call home. **A great lot, a great neighborhood, and plenty of potential—this one is ready for its next chapter!** Buyer to obtain City Inspection along with Certificate of Occupancy
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 53.16 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 | $75,000 |
| Beds | 3 |
| Baths | 1 full |
| Square feet | 1,060 |
| Type | Single family residence |
| Subdivision | HURST & POSTS SUB |
| County | Wayne |
| MLS # | 20261089602 |
| Listed | 2026-11-05 |
| Days on market | 1 |
| Year built | 1915 |
| Possession | At closing |
| Stories | 2 stories |
| Basement | Unfinished |
| Heating | Gravity, Natural gas |
| Foundation | Basement, Block |
| Water / Sewer | City water & sewer |
| Parcel number | 57014230012000 |
| Listing office | EXP Realty |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $30,340 | about $37,500 |
| Yearly property tax | $1,586 | about $1,993 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $407 a year more than this seller pays. The assessor's state equalized value (SEV) is $75,300. 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 Wyandotte's 2025 homestead rate of 53.16 mills and assumes you claim the homestead exemption. See Wyandotte'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 2026-11-06T10:58+00:00; refreshed at least twice daily.