26 days on rocket

16240 Ardmore St, Detroit, MI, 48235

$74,900

Home List Price

$889*

Closing Credit

3 Bedrooms
1 Full Bath
1,255 SqFt
$60/SqFt
House

Location

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16240 Ardmore St, Detroit$74,900

Buyer Closing Credits

$889*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached
Garage1 space
Year Built1928
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240081218
Lot Size0.09 Acres
StatusActive

About 16240 Ardmore St

***Investors Wanted*** This 3-bedroom, 1-bath, 1200+ sq ft colonial is an outstanding opportunity! With an After Repair Value (ARV) of up to $170,000 within a half-mile radius, it's a deal not to be missed. It requires minimal work; just a simple facelift and cosmetic updates could lead to significant returns. Located in the heart of Detroit's northwest side, close to bustling commerce along McNichols and Livernois, and just minutes away from historic neighborhoods like Bagley and the University District, this property is an ideal addition to any investment portfolio. Act now to capitalize on the spring selling season!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1928
  • Stories: 2
  • Living Area: 1,255 SqFt

Listing Office:

  • Office Name: C Miles Realty LLC
  • Office Phone: (313) 912-6694
  • Listing Agent: Charvez C Miles

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: McNichols to Ardmore

Price Information

Listing Price Info

Price Summary:

  • List Price: $74,900
  • Price Per SqFt: $60/SqFt

Tax Information:

  • Annual Amount: $1,542
  • 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

16240 Ardmore St vs Detroit

26 DAYS ON ROCKET

-19 Days

$74,900

-$10.1K Less

$60/SqFt

-$14 Less

KEY TAKEAWAY

This property is $10.1K less than the Median Sold Price and $14/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: #20240081218

Listing Office:

  • Office Name: C Miles Realty LLC
  • Office Phone: (313) 912-6694
  • Listing Agent: Charvez C Miles

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: 11/23/2024, 4:20:51 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

Feb 11, 2019Home Sold
$11,200

Tax History

YEARPROP. TAXASSESSMENT
2021$1,542$15,200
2020$1,043$13,400
2018$1,043$9,300
2017$1,038$9,100

History based on county public records data.

Payment Calculator

$441

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$291

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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-810158
1
/10

  • Coleman A. Young Elementary School

  • 15771 Hubbell St

  • 0.42 miles

  • Public District Grades PK-5

school-card-donut-810159
1
/10

  • Adamsyoung Building

  • 13130 Grove St

  • 0.56 miles

  • Public Charter Grades KG-5

school-card-donut-810160
3
/10

  • Edison Elementary School

  • 17045 Grand River Ave

  • 1.73 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 $30,909. The majority of Detroit, MI residents have income less than $35k annually. Typical family type is single, no 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 16240 Ardmore St

What is the listing price of this property?

The listing price of 16240 Ardmore St property is $74,900.

What type of property is this?

The property 16240 Ardmore St is a house located in Detroit, Michigan, 48235.

Is this property for sale now?

Active Listing: 16240 Ardmore St 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 $1,542 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 11, 2019 for $11,200. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 16240 Ardmore St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 16240 Ardmore St is 1,255 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16240 Ardmore St is 1928.

Rocket Homes›Michigan›Wayne County›Detroit›48235›16240 Ardmore St

This home is located at 16240 Ardmore St in Detroit, MI and zip code 48235 in the Harmony VIllage neighborhood. This 1,255 square foot home, which was built in 1928, sits on a 0.09 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $74,900.

In October 2024 more than 125 listings in Detroit, MI were sold above the asking price. During the same period more than 93 listings were sold at asking price, while more than 257 were sold below. The number of homes for sale in Detroit, MI increased by 11.2% between September 2024 and October 2024. In October 2024 median list price was $85,000 and the average listing age was 45 days.

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

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