Returned Equity

12876 Faust, Detroit, MI 48223

Public records show this home is assessed 45% above what it sold for. Owners can appeal an assessment that is above market value.

Sold April 2026$44,999
Assessed at$65,400
Above the sale price45%
Est. saving / year~$877

The saving assumes the assessment is cut to the sale price.

How to appeal in Detroit

Detroit mails 2027 assessment notices in early 2027. You can ask the Assessor for a review, then protest to the March Board of Review. Owners who bought in 2026 are most exposed: the taxable value resets to the assessed value the year after a sale. Official appeal page.

Parcel 22078613. Sale: arm's-length, April 2026. Figures come from public assessment and sales records and may be out of date; the assessor may weigh condition, renovation and other factors, and an appeal can be denied. This is not legal or tax advice.

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