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16540 Ilene St, Detroit, MI, 48221

$39,900

Home List Price

$474*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,455 SqFt
$27/SqFt
House

Location

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16540 Ilene St, Detroit$39,900

Buyer Closing Credits

$474*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingDetached
Garage1 space
Year Built1929
HeatingNatural Gas, Hot Water
BasementYes
MLS #20240078155
Lot Size0.09 Acres
StatusActive

About 16540 Ilene St

Unlock the potential of this 3-bedroom, 1-bath home located in a quiet Detroit neighborhood. This property offers a fantastic opportunity for investors or DIY enthusiasts looking to create their dream space. The generous layout features a spacious living area, a separate dining space, and a backyard with plenty of room for outdoor activities. With some updates, this home can be transformed into a charming residence. Conveniently located near schools, parks, and local amenities, it’s perfect for those looking to invest in a growing community. Don’t miss out on this chance to turn a canvas into your ideal home or a profitable rental property! Schedule your showing today and imagine the possibilities! Contact me for more details.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1929
  • Stories: 2
  • Living Area: 1,455 SqFt

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 501-7085
  • Listing Agent: Moe Kassem

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

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, Hot Water

Other

Directions Information:

  • Directions: MAP

Price Information

Listing Price Info

Price Summary:

  • List Price: $39,900
  • Price Per SqFt: $27/SqFt

Tax Information:

  • Annual Amount: $1,454
  • 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

16540 Ilene St vs Detroit

31 DAYS ON ROCKET

-14 Days

$39,900

-$45.1K Less

$27/SqFt

-$47 Less

KEY TAKEAWAY

This property is $45.1K less than the Median Sold Price and $47/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: #20240078155

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 501-7085
  • Listing Agent: Moe Kassem

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: 11/17/2024, 11:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,454$19,800
2020$951$17,100
2018$951$11,300
2017$949$10,200

History based on county public records data.

Payment Calculator

$267

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$186

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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-587011
1
/10

  • Adamsyoung Building

  • 13130 Grove St

  • 0.67 miles

  • Public Charter Grades KG-5

school-card-donut-587012
3
/10

  • Bagley Elementary School of Journalism and Technology

  • 8100 Curtis St

  • 0.98 miles

  • Public District Grades PK-6

school-card-donut-587013
1
/10

  • Coleman A. Young Elementary School

  • 15771 Hubbell St

  • 1.48 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 $45,950. The most common annual income of people living in Detroit, MI is between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16540 Ilene St

What is the listing price of this property?

The listing price of 16540 Ilene St property is $39,900.

What type of property is this?

The property 16540 Ilene St is a house located in Detroit, Michigan, 48221.

Is this property for sale now?

Active Listing: 16540 Ilene 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 $1,454 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 16540 Ilene St has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 16540 Ilene St is 1,455 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16540 Ilene St is 1929.

Rocket Homes›Michigan›Wayne County›Detroit›48221›16540 Ilene St

This home is located at 16540 Ilene St in Detroit, MI and zip code 48221 in the Harmony VIllage neighborhood. This 1,455 square foot home, which was built in 1929, sits on a 0.09 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $39,900.

While more than 125 listings in Detroit, MI in October 2024 were sold above asking price, there were more than 93 listings sold at asking price, and more than 257 were sold below. The inventory of homes for sale in Detroit, MI between September 2024 and October 2024 increased 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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