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16045 Fairmount Dr, Detroit, MI, 48205

$55,000

Home List Price

$653*

Closing Credit

3 Bedrooms
2 Full Baths
3,000 SqFt
$18/SqFt
House

Location

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16045 Fairmount Dr, Detroit$55,000

Buyer Closing Credits

$653*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingConcrete
Year Built1943
HeatingElectric, Forced Air
BasementYes
MLS #81024063748
StatusActive

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1943
  • Stories: 2
  • Living Area: 3,000 SqFt

Listing Office:

  • Office Name: Brookstone, Realtors
  • Office Phone: (248) 890-5504
  • Listing Agent: Tia Wiley

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator, Range
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Concrete

Utilities

Utilities Information:

  • Heating: Electric, Forced Air

Other

Directions Information:

  • Directions: Right of Redmond and West of Kelly

Price Information

Listing Price Info

Price Summary:

  • List Price: $55,000
  • Price Per SqFt: $18/SqFt

Tax Information:

  • Annual Amount: $985
  • 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

$67

Avg. Days On Market

49

# of Sold Homes

396

16045 Fairmount Dr vs Detroit

1 DAY ON ROCKET

-48 Days

$55,000

-$30K Less

$18/SqFt

-$50 Less

KEY TAKEAWAY

This property is $30K less than the Median Sold Price and $50/SqFt less than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Metropolitan Association of REALTORS
  • MLS Number: #81024063748

Listing Office:

  • Office Name: Brookstone, Realtors
  • Office Phone: (248) 890-5504
  • Listing Agent: Tia Wiley

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: 12/22/2024, 11:56:03 PM 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$985$13,300
2020$937$11,500
2018$937$8,300
2017$933$7,900

History based on county public records data.

Payment Calculator

$342

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$231

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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-1115199
1
/10

  • Fisher Magnet Lower Academy

  • 15510 E State Fair St

  • 0.40 miles

  • Public Magnet Grades PK-5

school-card-donut-1115200
1
/10

  • Chandler Park Academy Elementary School

  • 20200 Kelly Rd

  • 0.59 miles

  • Public Charter Grades PK-5

school-card-donut-1115201
2
/10

  • Pleasantview Elementary School

  • 16501 Toepfer Dr

  • 0.92 miles

  • Public District Grades 3-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,570. Typical income of Detroit, MI residents is less than $35k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16045 Fairmount Dr

What is the listing price of this property?

The listing price of 16045 Fairmount Dr property is $55,000.

What type of property is this?

The property 16045 Fairmount Dr is a house located in Detroit, Michigan, 48205.

Is this property for sale now?

Active Listing: 16045 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 $985 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 16045 Fairmount Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 16045 Fairmount Dr is 3,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16045 Fairmount Dr is 1943.

Rocket Homes›Michigan›Wayne County›Detroit›48205›16045 Fairmount Dr

This home is located at 16045 Fairmount Dr in Detroit, MI and zip code 48205 in the Regent Park neighborhood. This 3,000 square foot home was built in 1943. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 22, 2024 and is currently priced at $55,000.

Detroit, MI housing market in November 2024 saw over 94 listings sold above listed price, more than 55 sold at listed price and over 247 sold below. Between October 2024 and November 2024, Detroit, MI real estate market has seen increase in the number of listings by 2%. 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.

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