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15871 Fairmount Dr, Detroit, MI, 48205

$37,500

Home List Price

$445*

Closing Credit

2 Bedrooms
1 Full Bath
719 SqFt
$52/SqFt
House

Location

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15871 Fairmount Dr, Detroit$37,500

Buyer Closing Credits

$445*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
Year Built1930
HeatingNatural Gas, Forced Air
MLS #20240074306
Lot Size0.11 Acres
StatusActive

About 15871 Fairmount Dr

COZY BUNGALOW HOME LOCATED SOUTH OF EIGHT MILE AND WEST OF REDMOND ST. THIS HOME FEATURES TWO BEDROOMS, ONE BATHROOM, AND A CRAWL SPACE. GREAT INVESTMENT PROPERTY. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1930
  • Stories: 1
  • Living Area: 719 SqFt

Listing Office:

  • Office Name: Detroit Investment Company
  • Office Phone: (734) 838-9197
  • Listing Agent: Mark Hutter

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: SOUTH OF EIGHT MILE ROAD, JUST WEST OF REDMOND ST.

Price Information

Listing Price Info

Price Summary:

  • List Price: $37,500
  • Price Per SqFt: $52/SqFt

Tax Information:

  • Annual Amount: $987
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

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Detroit, MI

City

Med. Sold Price

$85K

Med. Price/SqFt

$73

Avg. Days On Market

45

# of Sold Homes

475

15871 Fairmount Dr vs Detroit

33 DAYS ON ROCKET

-12 Days

$37,500

-$47.5K Less

$52/SqFt

-$22 Less

KEY TAKEAWAY

This property is $47.5K less than the Median Sold Price and $22/SqFt less 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: #20240074306

Listing Office:

  • Office Name: Detroit Investment Company
  • Office Phone: (734) 838-9197
  • Listing Agent: Mark Hutter

IDXDisclaimer: 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.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 7:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$987$8,300
2020$646$7,200
2018$646$4,700
2017$635$4,500

History based on county public records data.

Payment Calculator

$255

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$179

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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.

Nearby Schools

school-card-donut-2016575
1
/10

  • Chandler Park Academy - Elementary School

  • 20200 Kelly Rd

  • 0.75 miles

  • Public Charter Grades KG-5

school-card-donut-2016576
2
/10

  • Pleasantview Elementary School

  • 16501 Toepfer Dr

  • 0.96 miles

  • Public District Grades 3-5

school-card-donut-2016577
4
/10

  • Koepsell Education Center

  • 21760 Raven Ave

  • 1.63 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,852. The majority of Detroit, MI residents have income less than $35k annually. Most families are single, with kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 15871 Fairmount Dr

What is the listing price of this property?

The listing price of 15871 Fairmount Dr property is $37,500.

What type of property is this?

The property 15871 Fairmount Dr is a house located in Detroit, Michigan, 48205.

Is this property for sale now?

Active Listing: 15871 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 $987 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 15871 Fairmount Dr has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 15871 Fairmount Dr is 719 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 15871 Fairmount Dr is 1930.

Rocket Homes›Michigan›Wayne County›Detroit›48205›15871 Fairmount Dr

This home is located at 15871 Fairmount Dr in Detroit, MI and zip code 48205 in the Regent Park neighborhood. This 719 square foot home, which was built in 1930, sits on a 0.11 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 02, 2024 and is currently priced at $37,500.

While more than 125 listings in Detroit, MI in October 2024 were sold above asking price, there were more than 93 listings sold at asking price, and more than 257 were sold below. The number of listings in Detroit, MI increased by 11.2% between September 2024 and October 2024. While the average time on the market in October 2024 was 45 days, the median list price was $85,000.

From Rocket Homes Real Estate and based on county public records data.

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