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16254 Monica St, Detroit, MI, 48221

$85,000

Home List Price

$1,009*

Closing Credit

5 Bedrooms
1 Full Bath
700 SqFt
$121/SqFt
House

Location

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16254 Monica St, Detroit$85,000

Buyer Closing Credits

$1,009*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year BuiltNew Const., 1925
HeatingForced Air
BasementYes
MLS #24059468
Lot Size0.09 Acres
StatusActive

About 16254 Monica St

Step inside this remodeled two story colonial home in Detroit's most up and coming neighborhood. This home features an upgraded kitchen, a new sewer line, and newer mechanicals. With 5 bedrooms and 1 full bathroom, and generous living space. Fitzgerald is one of Detroit's most exciting historic neighborhoods with a jolt of energetic new development in the pipeline as part of the Fitz Forward Revitalization project! Fitzgerald is anchored by two longstanding academic institutions, Marygrove College and The University of Detroit- Mercy, a rapidly improving commercial corridor on Livernois and Detroit's first cradle to career educational center. Neighboring areas have seen home values double over the last 3 years. Here's your chance to own a piece of Detroit's re

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1925
  • Stories: 1
  • Living Area: 700 SqFt

Listing Office:

  • Office Name: Prep Realty
  • Office Phone: (313) 855-7737
  • Listing Agent: Ishma Best

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 5

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: Livernois north to Puritan. Go west on Puritan and right on Monica.

Price Information

Listing Price Info

Price Summary:

  • List Price: $85,000
  • Price Per SqFt: $121/SqFt

Tax Information:

  • Annual Amount: $579
  • 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

16254 Monica St vs Detroit

2 DAYS ON ROCKET

-43 Days

$85,000

-$0 Less

$121/SqFt

+$47 More

KEY TAKEAWAY

This property is $0 less than the Median Sold Price and $47/SqFt more than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24059468

Listing Office:

  • Office Name: Prep Realty
  • Office Phone: (313) 855-7737
  • Listing Agent: Ishma Best

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: 11/17/2024, 7:20:54 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 20, 2020Home Sold
$60,000

Tax History

YEARPROP. TAXASSESSMENT
2021$579$13,600
2020$914$11,800
2018$914$7,800
2017$240 -

History based on county public records data.

Payment Calculator

$492

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$321

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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-372793
3
/10

  • Bagley Elementary School of Journalism and Technology

  • 8100 Curtis St

  • 1.00 miles

  • Public District Grades PK-6

school-card-donut-372794
1
/10

  • Adamsyoung Building

  • 13130 Grove St

  • 1.61 miles

  • Public Charter Grades KG-5

school-card-donut-372795
2
/10

  • Pasteur Elementary School

  • 19811 Stoepel St

  • 1.81 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 $21,786. Residents of Detroit, MI typically earn less than $35k each year. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16254 Monica St

What is the listing price of this property?

The listing price of 16254 Monica St property is $85,000.

What type of property is this?

The property 16254 Monica St is a house located in Detroit, Michigan, 48221.

Is this property for sale now?

Active Listing: 16254 Monica 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 $579 (source: MLS/based on county public records data).

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

The last sale was on October 20, 2020 for $60,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 16254 Monica St has 5 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 16254 Monica St is 700 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16254 Monica St is 1925.

Rocket Homes›Michigan›Wayne County›Detroit›48221›16254 Monica St

This home is located at 16254 Monica St in Detroit, MI and zip code 48221 in the Fitzgerald neighborhood. This 700 square foot home, which was built in 1925, sits on a 0.09 acre lot. Features: 5 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $85,000.

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. In October 2024 in Detroit, MI there were 11.2% more homes for sale than in September 2024. 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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