4 months on rocket

16200 Stout St, Detroit, MI, 48219

$119,900

Home List Price

$1,424*

Closing Credit

2 Full Baths
1,854 SqFt
$65/SqFt
Multi

Location

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16200 Stout St, Detroit$119,900

Buyer Closing Credits

$1,424*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1930
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240047236
Lot Size0.12 Acres
StatusActive

About 16200 Stout St

Well Maintained 2 Unit Multi-Family Brick Tudor, Upper/Lower Flats. Fully Tenanted, Income Producing Property. Separately metered, tenants pay for their own gas/electric utilities. Nestled in a quiet residential neighborhood. Close to Meijers, Retail Shopping, Restaurants, Public Transportation and Expressways. Sold "AS IS". PLEASE DO NOT DISTURB TENANTS. PRE-APPROVED BUYERS, BATVAI.

Property Details

Property Features

Property Information:

  • Architectural Style: Tudor, Upper/Lower Apartment
  • Year Built: 1930
  • Stories: 2
  • Living Area: 1,854 SqFt

Listing Office:

  • Office Name: Howard Hanna Birmingham
  • Office Phone: (248) 283-8700
  • Listing Agent: Janet Graham

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Smoke Alarm, Laundry Facility

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: Grand River to West of Evergreen

Price Information

Listing Price Info

Price Summary:

  • List Price: $119,900
  • Price Per SqFt: $65/SqFt

Tax Information:

  • Annual Amount: $539
  • 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

16200 Stout St vs Detroit

141 DAYS ON ROCKET

+96 Days

$119,900

+$34.9K More

$65/SqFt

-$9 Less

KEY TAKEAWAY

This property is $34.9K more than the Median Sold Price and $9/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: #20240047236

Listing Office:

  • Office Name: Howard Hanna Birmingham
  • Office Phone: (248) 283-8700
  • Listing Agent: Janet Graham

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: 11/22/2024, 9:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 05, 2020Home Sold
$80,000

Tax History

YEARPROP. TAXASSESSMENT
2021$539$22,100
2020$963$20,300
2018$963$13,300
2017$960$11,200

History based on county public records data.

Payment Calculator

$666

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$426

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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-567715
1
/10

  • Cooke STEM Academy

  • 18800 Puritan St

  • 0.79 miles

  • Public District Grades KG-5

school-card-donut-567716
1
/10

  • Old Redford Academy Elementary School

  • 17195 Redford St

  • 1.07 miles

  • Public Charter Grades PK-4

school-card-donut-567717
3
/10

  • Edison Elementary School

  • 17045 Grand River Ave

  • 1.63 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,523. The most common annual income of people living in Detroit, MI is between $35k-100k. The majority of families are 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›48219›16200 Stout St

This home is located at 16200 Stout St in Detroit, MI and zip code 48219 in the Minock Park neighborhood. This 1,854 square foot home, which was built in 1930, sits on a 0.12 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since July 03, 2024 and is currently priced at $119,900.

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. In October 2024 in Detroit, MI there were 11.2% more homes for sale than in September 2024. In October 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $85,000.

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

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