Attention investors, check out this latest offering from the Detroit Land Bank Authority. Welcome to an incredible investment opportunity in the Petoskey-Otsego neighborhood with 3 bedrooms, 1 bathroom, and over 1,400 sq. ft. of living space. Property requires a full renovation, offering investors a chance to restore a classic Detroit home. Spacious layout with original character still intact. Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. Located minutes from Downtown Detroit, this home sits on a spacious lot with strong neighborhood potential. Recent sales of renovated homes in the area suggest an ARV in the $215k+ range, depending on finishes and scope of work.
For sale
$39,000
3814 Montgomery St, Detroit, MI 48206
4beds
1,495sqft
Single Family Residence
Built in 1915
5,662 Square Feet Lot
$-- Zestimate®
$26/sqft
$-- HOA
What's special
- 44 days |
- 169 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Nazareth Sanchez 313-728-6853,
RE/MAX Leading Edge 313-277-7777
Source: Realcomp II,MLS#: 20261037253
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Second
- Area: 110
- Dimensions: 11 X 10
Bedroom
- Level: Second
- Area: 100
- Dimensions: 10 X 10
Bedroom
- Level: Second
- Area: 100
- Dimensions: 10 X 10
Bedroom
- Level: Entry
- Area: 100
- Dimensions: 10 X 10
Other
- Level: Entry
- Area: 28
- Dimensions: 7 X 4
Other
- Level: Basement
- Area: 28
- Dimensions: 7 X 4
Dining room
- Level: Entry
- Area: 110
- Dimensions: 11 X 10
Heating
- Forced Air, Natural Gas
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 1,495 sqft
- Finished area above ground: 1,495
Property
Parking
- Parking features: No Garage
Features
- Levels: Two
- Stories: 2
- Entry location: LowerLevelwSteps
- Pool features: None
Lot
- Size: 5,662 Square Feet
- Dimensions: 52.5 x 107
Details
- Parcel number: W14I002647S
- Special conditions: Government Owned,Short Sale No
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Foundation: Basement, Brick Mortar
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1915
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Above Ground Utilities, Cable Available, Underground Utilities
Community & HOA
Community
- Subdivision: HOLDEN & MURRAYS 2ND SUB
HOA
- Has HOA: No
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $26/sqft
- Tax assessed value: $12,500
- Annual tax amount: $2,181
- Date on market: 5/29/2026
- Cumulative days on market: 44 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA 203K,Warranty Deed
Estimated market value
Not available
Estimated sales range
Not available
$1,506/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Listed for sale | $39,000+3899900%$26/sqft |
Source:  Realcomp II #20261037253 Report a problem | ||
| 3/18/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 7/10/2014 | Listing removed | $1 |
Source: Owner Report a problem | ||
| 6/24/2014 | Listed for sale | $1 |
Source: Owner Report a problem | ||
| 5/19/2014 | Listing removed | $1 |
Source: Owner Report a problem | ||
| 4/28/2014 | Listed for sale | $1 |
Source: Owner Report a problem | ||
| 3/10/2014 | Listing removed | $1 |
Source: Owner Report a problem | ||
| 12/22/2013 | Listed for sale | $1 |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $9,900 +22.2% |
| 2024 | -- | $8,100 +1520% |
| 2023 | -- | $500 |
| 2022 | -- | -- |
| 2021 | -- | -- |
| 2020 | -- | -- |
| 2019 | -- | -- |
| 2018 | -- | $500 |
| 2017 | -- | $500 -81.5% |
| 2016 | $845 | $2,700 -34.1% |
| 2015 | $845 -20.8% | $4,100 -81.9% |
| 2013 | $1,067 +26.2% | $22,622 -30.2% |
| 2010 | $845 | $32,413 -12% |
| 2009 | -- | $36,833 -10.5% |
| 2008 | -- | $41,154 |
| 2007 | -- | $41,154 +5.5% |
| 2005 | $107 | $39,009 +3% |
| 2004 | -- | $37,873 +388.9% |
| 2001 | $504 | $7,746 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Petosky-Otsego
Nearby schools
GreatSchools rating
- 4/10Thirkell Elementary SchoolGrades: PK-8Distance: 1 mi
- 4/10Northwestern High SchoolGrades: 9-12Distance: 0.6 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Michigan
- Wayne County
- Detroit
- 48206
- Petosky-Otsego
- 3814 Montgomery St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Detroit Topics
