This property is $25K less than the Median Sold Price and $21/SqFt more than other homes in Detroit, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20240064947
Listing Office:
Office Name: Archer Real Estate
Office Phone: (586) 879-6314
Listing Agent: Sandra E Johnson
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$367
Per Month
Principal & Interest
$300
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$246
Powered By
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
1
/10
Fisher Magnet Lower Academy
15510 E State Fair St
Distance between this listing and this school0.24 miles
Public Magnet Grades PK-5
1
/10
Chandler Park Academy Elementary School
20200 Kelly Rd
Distance between this listing and this school0.79 miles
Public Charter Grades PK-5
2
/10
Pleasantview Elementary School
16501 Toepfer Dr
Distance between this listing and this school0.99 miles
Public District Grades 3-5
Nearby Schools
1
/10
Fisher Magnet Upper Academy
15491 Maddelein St
Distance between this listing and this school0.56 miles
Public Magnet Grades 6-8
3
/10
Regent Park Scholars Charter Academy
15865 E 7 Mile Rd
Distance between this listing and this school0.62 miles
Public Charter Grades PK-8
1
/10
Chandler Park Academy Middle School
20100 Kelly Rd
Distance between this listing and this school0.78 miles
Public Charter Grades 6-8
Nearby Schools
1
/10
Diploma Success Community School
19872 Kelly Rd
Distance between this listing and this school0.63 miles
Public District Grades KG-12
3
/10
Chandler Park Academy High School
20254 Kelly Rd
Distance between this listing and this school0.77 miles
Public Charter Grades 9-12
4
/10
Harper Woods High School
20225 Beaconsfield St
Distance between this listing and this school1.22 miles
The neighbors living near this home have an average income of $31,852. The most common annual income of people living in Detroit, MI is less than $35k. Typical family type is single, with kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 15709 Fairmount Dr
What is the listing price of this property?
The listing price of 15709 Fairmount Dr property is $60,000.
What type of property is this?
The property 15709 Fairmount Dr is a house located in Detroit, Michigan, 48205.
Is this property for sale now?
Active Listing: 15709 Fairmount Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $1,451 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 15709 Fairmount Dr has 2 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 15709 Fairmount Dr is 672 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 15709 Fairmount Dr is 1949.
This home is located at 15709 Fairmount Dr in Detroit, MI and zip code 48205 in the Regent Park neighborhood. This 672 square foot home, which was built in 1949, sits on a 0.11 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 01, 2024 and is currently priced at $60,000.
In November 2024, from all listings sold in Detroit, MI there were more than 94 sold above asking price, over 247 sold below and more than 55 were sold right at the asked price. The number of homes for sale in Detroit, MI increased by 2% between October 2024 and November 2024. The median list price of listings available in November 2024 was $85,016, while the average time on the real estate market was 49 days.
From Rocket Homes Real Estate and based on county public records data.