17599 Prairie Street , Detroit, MI 48221
Est. $1,637/mo with current taxes · · See the breakdown
About this home
This brick Colonial is situated in a premier location and offers three bedrooms, two-and-a-half baths, and versatile flex space suitable for an office, playroom, or additional bedroom. The main level includes a bonus room, while the finished basement provides potential for further expansion. Key features include an expansive kitchen, hardwood flooring throughout, a spacious backyard, and a detached two-car garage. Offered in as-is condition with an estimated after-repair value of $230,000 to $250,000, this property represents a compelling investment opportunity.
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 | $152,500 |
| Beds | 3 |
| Baths | 2 full, 1 half |
| Square feet | 2,124 |
| Type | Single family residence |
| Subdivision | — |
| County | Wayne |
| MLS # | 81026057125 |
| Listed | 2026-10-27 |
| Days on market | 0 |
| Year built | 1935 |
| Possession | At closing |
| Basement | Full |
| Heating | Forced air, Natural gas |
| Foundation | Basement |
| Garage spaces | 2.0 |
| Water / Sewer | City water & sewer |
| Fireplace | Yes |
| Parcel number | 16023199 |
| Listing office | Palladium Realty |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $34,828 | about $76,250 |
| Yearly property tax | $6,079 | about $4,894 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. The assessor's state equalized value (SEV) is $144,500. 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 Greater Metropolitan Association of REALTORS, ©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 2026-10-27T19:38+00:00; refreshed at least twice daily.