2 months on rocket

16309 Novara St, Detroit, MI, 48205

$64,000

Home List Price

$760*

Closing Credit

3 Bedrooms
1 Full Bath
876 SqFt
$73/SqFt
House

Location

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16309 Novara St, Detroit$64,000

Buyer Closing Credits

$760*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1944
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240065457
Lot Size0.12 Acres
StatusActive

About 16309 Novara St

Welcome to this charming 3-bedroom, 1-bathroom bungalow in Detroit! The property also includes an unfinished basement, offering ample storage or potential for customization. Please note that the property currently has squatters residing in it. Despite this, the seller is highly motivated. This could be a great opportunity for the right buyer to acquire a well-maintained home with some added potential. Contact us today to explore this opportunity and see how this bungalow can become your next home!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1944
  • Stories: 1
  • Living Area: 876 SqFt

Listing Office:

  • Office Name: Keller Williams Realty-Great Lakes
  • Office Phone: (586) 541-4000
  • Listing Agent: Tina Hyde

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

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: S of State Fair and W of Kelly

Price Information

Listing Price Info

Price Summary:

  • List Price: $64,000
  • Price Per SqFt: $73/SqFt

Tax Information:

  • Annual Amount: $759
  • 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

16309 Novara St vs Detroit

80 DAYS ON ROCKET

+35 Days

$64,000

-$21K Less

$73/SqFt

-$1 Less

KEY TAKEAWAY

This property is $21K less than the Median Sold Price and $1/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: #20240065457

Listing Office:

  • Office Name: Keller Williams Realty-Great Lakes
  • Office Phone: (586) 541-4000
  • Listing Agent: Tina Hyde

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, 12:20:53 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

Oct 12, 2017Home Sold
$41,500
Sep 15, 2017Home Sold
$23,750
Mar 19, 2013Home Sold
$25,000
Mar 16, 2004Home Sold
$62,000
Mar 03, 2004Home Sold
$20,000

Tax History

YEARPROP. TAXASSESSMENT
2021$759$6,545
2020$967$6,600
2018$967$6,100
2017$837$6,800

History based on county public records data.

Payment Calculator

$387

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$258

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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-604272
1
/10

  • Fisher Magnet Lower Academy

  • 15510 E State Fair St

  • 0.57 miles

  • Public Magnet Grades PK-5

school-card-donut-604273
1
/10

  • Chandler Park Academy Elementary School

  • 20200 Kelly Rd

  • 0.61 miles

  • Public Charter Grades PK-5

school-card-donut-604274
1
/10

  • Carleton Elementary School

  • 11724 Casino St

  • 0.88 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 $33,710. The majority of Detroit, MI residents have income less than $35k annually. The majority of families are single, with kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16309 Novara St

What is the listing price of this property?

The listing price of 16309 Novara St property is $64,000.

What type of property is this?

The property 16309 Novara St is a house located in Detroit, Michigan, 48205.

Is this property for sale now?

Active Listing: 16309 Novara 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 $759 (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 12, 2017 for $41,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 16309 Novara St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 16309 Novara St is 876 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16309 Novara St is 1944.

Rocket Homes›Michigan›Wayne County›Detroit›48205›16309 Novara St

This home is located at 16309 Novara St in Detroit, MI and zip code 48205 in the Burbank neighborhood. This 876 square foot home, which was built in 1944, sits on a 0.12 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 03, 2024 and is currently priced at $64,000.

Detroit, MI housing market in October 2024 saw over 125 listings sold above listed price, more than 93 sold at listed price and over 257 sold below. Between September 2024 and October 2024, Detroit, MI real estate market has seen increase in the number of listings by 11.2%. While the average time on the market in October 2024 was 45 days, the median list price was $85,000.

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

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