2 months on rocket

16500 Eastburn St, Detroit, MI, 48205

$89,000

Home List Price

$1,057*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,000 SqFt
$89/SqFt
House

Location

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16500 Eastburn St, Detroit$89,000

Buyer Closing Credits

$1,057*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1948
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240059203
Lot Size0.12 Acres
StatusActive

About 16500 Eastburn St

**INVESTOR SPECIAL** Performing Regent Park Stunner located on a beautiful block. Rented for 850 cash. This Immaculate brick bungalow features 3 beds/1 bath and a large detached 2 1/2 car garage. Home is updated throughout with wood flooring, newer paint and carpet. Spacious eat in kitchen with newer cabinets and granite. Upper bedroom is huge, with sitting areas, tongue/groove pine paneling and multiple closets with built in drawers. Basement has full functional laundry area. Property is fenced and private. This home has great curb appeal with limestone detail and covered porch and is always in demand. Terrific opportunity to add a performing rental to your portfolio. Purchaser to pay 495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1948
  • Stories: 1
  • Living Area: 1,000 SqFt

Listing Office:

  • Office Name: U.S. Investor Group
  • Office Phone: (313) 644-0034
  • Listing Agent: Sam Berri

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Fenced

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: E of Cordell S of Edmore

Price Information

Listing Price Info

Price Summary:

  • List Price: $89,000
  • Price Per SqFt: $89/SqFt

Tax Information:

  • Annual Amount: $736
  • 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

16500 Eastburn St vs Detroit

85 DAYS ON ROCKET

+40 Days

$89,000

+$4K More

$89/SqFt

+$15 More

KEY TAKEAWAY

This property is $4K more than the Median Sold Price and $15/SqFt more 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: #20240059203

Listing Office:

  • Office Name: U.S. Investor Group
  • Office Phone: (313) 644-0034
  • Listing Agent: Sam Berri

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, 11:20:53 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

May 20, 2020Home Sold
$64,900
May 07, 2020Home Sold
$35,000
Jan 20, 2017Home Sold
$65,000
Dec 02, 2016Home Sold
$26,000
Aug 22, 2016Home Sold
$12,500
Jan 14, 2016Home Sold
$14,220

Tax History

YEARPROP. TAXASSESSMENT
2021$736$18,200
2020$1,281$15,700
2018$1,281$12,400
2017$53$600

History based on county public records data.

Payment Calculator

$512

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$333

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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-2023110
1
/10

  • Chandler Park Academy - Elementary School

  • 20200 Kelly Rd

  • 0.35 miles

  • Public Charter Grades KG-5

school-card-donut-2023111
2
/10

  • Pleasantview Elementary School

  • 16501 Toepfer Dr

  • 0.89 miles

  • Public District Grades 3-5

school-card-donut-2023112
4
/10

  • Koepsell Education Center

  • 21760 Raven Ave

  • 1.28 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. Most Detroit, MI residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16500 Eastburn St

What is the listing price of this property?

The listing price of 16500 Eastburn St property is $89,000.

What type of property is this?

The property 16500 Eastburn St is a house located in Detroit, Michigan, 48205.

Is this property for sale now?

Active Listing: 16500 Eastburn 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 $736 (source: MLS/based on county public records data).

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

The last sale was on May 20, 2020 for $64,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 16500 Eastburn St has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 16500 Eastburn St is 1,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16500 Eastburn St is 1948.

Rocket Homes›Michigan›Wayne County›Detroit›48205›16500 Eastburn St

This home is located at 16500 Eastburn St in Detroit, MI and zip code 48205 in the Regent Park neighborhood. This 1,000 square foot home, which was built in 1948, sits on a 0.12 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 12, 2024 and is currently priced at $89,000.

Over 125 listings were sold over their listed price in October 2024 in Detroit, MI. In the same period over 257 listings were sold below the listed price and 93 listings were sold for the listed price. 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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