2026.05.26 Entire Tribunal Property Tax Petition 102 Garfield.pdf
Whirlwind Capital LLC Petitioner Vs. City Of Detroit Respondent · 26-001450-TT
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1 STATE OF MICHIGAN DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS MICHIGAN TAX TRIBUNAL WHIRLWIND CAPITAL, LLC, Petitioner, v. CITY OF DETROIT, Respondent. MOAHR Docket No. ENTIRE TRIBUNAL PROPERTY TAX PETITION 1. The Property Parcel No. is 01001154. 2. The property is real property. 3. The property identified above is classified as Residential-Improved. 4. The assessment was protested at Respondent’s March Board of Review. 5. The property is located in Wayne County. The property address is: 102 Garfield St. Detroit, MI 48201 6. The assessment at issue was established by the City of Detroit’s Board of Review. 7. Petitioner’s legal residence or principal office is: 7951 Earhart Rd. South Lyon, MI 48178 8. This appeal involves the properties’ true cash, SEV, and taxable values. 9. The tax year at issue is 2026. 10. The values for the properties identified above as established by the City of Detroit’s Board of Review are:
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2 Tax Year Parcel Number True Cash Value SEV Taxable Value 2026 01001154 $895,325 $447,700 $297,444 11. Petitioner contends that the values for the properties identified above are: Tax Year Parcel Number True Cash Value SEV Taxable Value 2026 01001154 $565,000 $282,500 $282,500 12. The values in dispute for the property identified above are: Tax Year Parcel Number True Cash Value SEV Taxable Value 2026 01001154 $329,825 $165,200 $14,944 13. Petitioner requests a change in the assessment of the properties to accurately reflect the true cash value, assessed value, and taxable value. 14. The facts upon which Petitioner relies to support the relief requested: A. Section 44-4-10 of the City Code provides: “An appraisal of all residential property in the City shall be completed every five years beginning January 1, 2025, and every five years thereafter.” This appraisal has not been completed. B. The property is a residential investment property with four rental units. As a multi-family unit, the property is only suitable for use as an investment property. The annual rental revenue is $72,540. Petitioner’s operating expenses for 2025, excluding repairs and improvements, were $39,205. At Respondent’s proposed TCV, the capitalization rate would be under 4%. This does not make for a sustainable investment. C. Rents in Detroit are down approximately 13% year-over-year. Rental revenue will likely decrease, as three of the four leases expire in 2026. D. Petitioner listed the property for sale in 2025. The property was on the market for over six months and the price was reduced by over $140,000 over that time. The final list price was $810,000, and Petitioner could not solicit any offers that were close to that price.
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3 Respectfully submitted, SCHENK & BRUETSCH, PLC By: /s/ Brian C. Summerfield Brian C. Summerfield (P57514) 211 West Fort Street, Suite 1410 Detroit, MI 48226 (313) 774-1000 Brian.Summerfield@SBDetroit.com Attorney for Petitioner Dated: May 26, 2026