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16545 Lilac St, Detroit, MI, 48221

$45,000

Home List Price

$534*

Closing Credit

4 Bedrooms
2 Full Baths
1,440 SqFt
$31/SqFt
House

Location

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16545 Lilac St, Detroit$45,000

Buyer Closing Credits

$534*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNoGarage
Year Built1926
HeatingForced Air, Natural Gas
BasementYes
MLS #20240091763
Lot Size0.07 Acres
StatusActive

About 16545 Lilac St

West Side property located in Detroit's transforming Fitzgerald/Marygrove neighborhood. Features 4 bedrooms and 2 full bathrooms. Possibilities with this property are endless. This area is filled with rehabs and new developments along McNichols. Located near UofD, newly revamped Livernois with shops and restaurants.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1926
  • Living Area: 1,440 SqFt

Listing Office:

  • Office Name: Detroit Progress Realty LLC
  • Office Phone: (313) 888-6060
  • Listing Agent: Mikhail Grigoryan

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: NoGarage

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: South of McNichols and West of Livernois

Price Information

Listing Price Info

Price Summary:

  • List Price: $45,000
  • Price Per SqFt: $31/SqFt

Tax Information:

  • Annual Amount: $1,428
  • 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

$67

Avg. Days On Market

49

# of Sold Homes

396

16545 Lilac St vs Detroit

1 DAY ON ROCKET

-48 Days

$45,000

-$40K Less

$31/SqFt

-$37 Less

KEY TAKEAWAY

This property is $40K less than the Median Sold Price and $37/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: #20240091763

Listing Office:

  • Office Name: Detroit Progress Realty LLC
  • Office Phone: (313) 888-6060
  • Listing Agent: Mikhail Grigoryan

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: 12/11/2024, 7:21:08 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$1,428$14,000
2020$931$12,100
2018$931$8,000
2017$744$7,100

History based on county public records data.

Payment Calculator

$292

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$201

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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-1793250
3
/10

  • Bagley Elementary School of Journalism and Technology

  • 8100 Curtis St

  • 0.87 miles

  • Public District Grades PK-6

school-card-donut-1793251
1
/10

  • Adamsyoung Building

  • 13130 Grove St

  • 1.42 miles

  • Public Charter Grades KG-5

school-card-donut-1793252
2
/10

  • Pasteur Elementary School

  • 19811 Stoepel St

  • 1.76 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 $39,107. Most Detroit, MI residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16545 Lilac St

What is the listing price of this property?

The listing price of 16545 Lilac St property is $45,000.

What type of property is this?

The property 16545 Lilac St is a house located in Detroit, Michigan, 48221.

Is this property for sale now?

Active Listing: 16545 Lilac 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 $1,428 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 16545 Lilac St has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 16545 Lilac St is 1,440 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16545 Lilac St is 1926.

Rocket Homes›Michigan›Wayne County›Detroit›48221›16545 Lilac St

This home is located at 16545 Lilac St in Detroit, MI and zip code 48221 in the Fitzgerald neighborhood. This 1,440 square foot home, which was built in 1926, sits on a 0.07 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $45,000.

In November 2024, from all listings sold in Detroit, MI there were more than 94 sold above asking price, over 247 sold below and more than 55 were sold right at the asked price. Between October 2024 and November 2024, Detroit, MI real estate market has seen increase in the number of listings by 2%. In November 2024 median list price was $85,016 and the average listing age was 49 days.

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

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