12 months on rocket

16416 E State Fair St, Detroit, MI, 48205

$32,000

Home List Price

$380*

Closing Credit

2 Bedrooms
1 Full Bath
795 SqFt
$40/SqFt
House

Location

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16416 E State Fair St, Detroit$32,000

Buyer Closing Credits

$380*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached
Garage1 space
Year Built1943
HeatingNatural Gas, Forced Air
BasementYes
MLS #20230096071
Lot Size0.14 Acres
StatusActive

About 16416 E State Fair St

Brick ranch on Detroit's east side. Hardwood floors. Detached garage. Full basement. Minor rehab needed.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1943
  • Stories: 1
  • Living Area: 795 SqFt

Listing Office:

  • Office Name: Clyde Realty LLC
  • Office Phone: (313) 974-1830
  • Listing Agent: Benjamin Ness

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: From Kelly...W on State Fair

Price Information

Listing Price Info

Price Summary:

  • List Price: $32,000
  • Price Per SqFt: $40/SqFt

Tax Information:

  • Annual Amount: $544
  • 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

16416 E State Fair St vs Detroit

361 DAYS ON ROCKET

+316 Days

$32,000

-$53K Less

$40/SqFt

-$34 Less

KEY TAKEAWAY

This property is $53K less than the Median Sold Price and $34/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: #20230096071

Listing Office:

  • Office Name: Clyde Realty LLC
  • Office Phone: (313) 974-1830
  • Listing Agent: Benjamin Ness

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: 11/5/2024, 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

Sep 02, 2020Home Sold
$22,000

Tax History

YEARPROP. TAXASSESSMENT
2021$544$10,500
2020$957$9,000
2018$957$8,300
2017$1,047$9,200

History based on county public records data.

Payment Calculator

$227

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$162

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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-1995614
1
/10

  • Chandler Park Academy - Elementary School

  • 20200 Kelly Rd

  • 0.47 miles

  • Public Charter Grades KG-5

school-card-donut-1995615
2
/10

  • Pleasantview Elementary School

  • 16501 Toepfer Dr

  • 1.08 miles

  • Public District Grades 3-5

school-card-donut-1995616
4
/10

  • Koepsell Education Center

  • 21760 Raven Ave

  • 1.46 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,525. The most common annual income of people living in Detroit, MI is between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16416 E State Fair St

What is the listing price of this property?

The listing price of 16416 E State Fair St property is $32,000.

What type of property is this?

The property 16416 E State Fair St is a house located in Detroit, Michigan, 48205.

Is this property for sale now?

Active Listing: 16416 E State Fair 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 $544 (source: MLS/based on county public records data).

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

The last sale was on September 2, 2020 for $22,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 16416 E State Fair St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 16416 E State Fair St is 795 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16416 E State Fair St is 1943.

Rocket Homes›Michigan›Wayne County›Detroit›48205›16416 E State Fair St

This home is located at 16416 E State Fair St in Detroit, MI and zip code 48205 in the Burbank neighborhood. This 795 square foot home, which was built in 1943, sits on a 0.14 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 10, 2023 and is currently priced at $32,000.

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. The number of listings in Detroit, MI increased by 11.2% between September 2024 and October 2024. The median list price of listings available in October 2024 was $85,000, while the average time on the real estate market was 45 days.

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

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