4 months on rocket

16127 Princeton St, Detroit, MI, 48221

$135,000

Home List Price

$1,603*

Closing Credit

0 Baths
Multi

Location

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16127 Princeton St, Detroit$135,000

Buyer Closing Credits

$1,603*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1928
HeatingForced Air
BasementYes
MLS #24034725
Lot Size0.07 Acres
StatusActive

About 16127 Princeton St

INVESTMENT OPPORTUNITY: Brick home in attractive neighborhood. Home is currently rented at $825.00 and $850.00 Home is currently rented, do not disturb tenant. Showings and inspections will be scheduled only upon accepted offer.

Property Details

Property Features

Property Information:

  • Year Built: 1928

Listing Office:

  • Office Name: Kristian Freiwald
  • Office Phone: (248) 578-1551
  • Listing Agent: Kristian Freiwald

Interior Features

Interior Information:

  • Basement: Yes

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: Property is located in Princeton

Price Information

Listing Price Info

Price Summary:

  • List Price: $135,000

Tax Information:

  • Annual Amount: $1,729
  • 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

16127 Princeton St vs Detroit

136 DAYS ON ROCKET

+91 Days

$135,000

+$50K More

KEY TAKEAWAY

This property is $50K more than the Median Sold Price in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Michigan Regional Information Center (MichRIC)
  • MLS Number: #24034725

Listing Office:

  • Office Name: Kristian Freiwald
  • Office Phone: (248) 578-1551
  • Listing Agent: Kristian Freiwald

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 12:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 24, 2020Home Sold
$79,900
Dec 16, 2016Home Sold
$34,000
Dec 16, 2016Home Sold
$21,000
Sep 13, 2013Home Sold
$30,000
Mar 03, 2011Home Sold
$53,675
May 28, 2010Home Sold
$71,095

Tax History

YEARPROP. TAXASSESSMENT
2021$1,729$24,600
2020$1,429$21,100
2018$1,429$12,600
2017$1,454$12,700

History based on county public records data.

Payment Calculator

$741

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$471

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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-615486
1
/10

  • George Washington Carver Elementary School

  • 14510 2nd Ave

  • 1.38 miles

  • Public Charter Grades PK-4

school-card-donut-615487
3
/10

  • Bagley Elementary School of Journalism and Technology

  • 8100 Curtis St

  • 1.54 miles

  • Public District Grades PK-6

school-card-donut-615488
2
/10

  • Pasteur Elementary School

  • 19811 Stoepel St

  • 2.04 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,897. Most Detroit, MI residents have annual incomes between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48221›16127 Princeton St

This home is located at 16127 Princeton St in Detroit, MI and zip code 48221 in the McNichols neighborhood. This home, which was built in 1928, sits on a 0.07 acre lot. It has been listed on Rocket Homes since July 09, 2024 and is currently priced at $135,000.

In October 2024, from all listings sold in Detroit, MI there were more than 125 sold above asking price, over 257 sold below and more than 93 were sold right at the asked price. Between September 2024 and October 2024, Detroit, MI real estate market has seen increase in the number of listings by 11.2%. Listings spent 45 days on the market in October 2024, and had a median list price of $85,000 during the same period.

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

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