new - 7 days on rocket

16716 Fairmount Dr, Detroit, MI, 48205

$84,500

Home List Price

$1,003*

Closing Credit

2 Bedrooms
1 Full Bath
900 SqFt
$94/SqFt
House

Location

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16716 Fairmount Dr, Detroit$84,500

Buyer Closing Credits

$1,003*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached
Garage1 space
Year Built1944
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
MLS #20240075413
StatusActive

About 16716 Fairmount Dr

Don’t miss this fantastic opportunity to own this beautifully updated 2 bedroom, 1 bathroom home situated just off Kelly Rd. With 900 sq. ft. of main living space, and another 800 sq. ft. in the finished basement, this property offers approximately 1,700 sq. ft. of livable space. The home has been freshly painted and the wood floors have been refinished. The kitchen and bathroom have been stylishly updated. Enjoy peace of mind with a brand-new furnace and water heater. Ceiling fans in the bedrooms and air conditioning will keep you cool and comfortable. For added safety the home has been equipped with security doors and an alarm system. The finished basement boasts a spacious open area with recessed lighting, plus three versatile rooms: a multi-purpose room, a dedicated laundry room, and a utility/furnace room.The property also features a garage and a large fenced lot, perfect for outdoor activities.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1944
  • Stories: 1
  • Living Area: 900 SqFt

Listing Office:

  • Office Name: Good Company
  • Office Phone: (248) 733-5811
  • Listing Agent: Anne Kelly

Interior Features

Interior Information:

  • Appliances: Microwave
  • Basement: Yes
  • Interior: Security Alarm (owned)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Lighting, Fenced

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Turn north off of Kelly Rd onto Fairmount

Price Information

Listing Price Info

Price Summary:

  • List Price: $84,500
  • Price Per SqFt: $94/SqFt

Tax Information:

  • Annual Amount: $1,072
  • 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

16716 Fairmount Dr vs Detroit

7 DAYS ON ROCKET

-38 Days

$84,500

-$500 Less

$94/SqFt

+$20 More

KEY TAKEAWAY

This property is $500 less than the Median Sold Price and $20/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: #20240075413

Listing Office:

  • Office Name: Good Company
  • Office Phone: (248) 733-5811
  • Listing Agent: Anne Kelly

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: 11/14/2024, 1:20:51 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

Feb 26, 2013Home Sold
$12,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,072$13,200
2020$700$11,400
2018$700$8,300
2017$698$7,900

History based on county public records data.

Payment Calculator

$489

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$320

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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-38972
1
/10

  • Chandler Park Academy Elementary School

  • 20200 Kelly Rd

  • 0.18 miles

  • Public Charter Grades PK-5

school-card-donut-38973
1
/10

  • Fisher Magnet Lower Academy

  • 15510 E State Fair St

  • 0.80 miles

  • Public Magnet Grades PK-5

school-card-donut-38974
2
/10

  • Pleasantview Elementary School

  • 16501 Toepfer Dr

  • 0.96 miles

  • Public District Grades 3-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,525. The majority of Detroit, MI residents have income between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16716 Fairmount Dr

What is the listing price of this property?

The listing price of 16716 Fairmount Dr property is $84,500.

What type of property is this?

The property 16716 Fairmount Dr is a house located in Detroit, Michigan, 48205.

Is this property for sale now?

Active Listing: 16716 Fairmount Dr 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 $1,072 (source: MLS/based on county public records data).

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

The last sale was on February 26, 2013 for $12,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 16716 Fairmount Dr has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 16716 Fairmount Dr is 900 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16716 Fairmount Dr is 1944.

Rocket Homes›Michigan›Wayne County›Detroit›48205›16716 Fairmount Dr

This home is located at 16716 Fairmount Dr in Detroit, MI and zip code 48205 in the Regent Park neighborhood. This 900 square foot home was built in 1944. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 06, 2024 and is currently priced at $84,500.

In October 2024 more than 125 listings in Detroit, MI were sold above the asking price. During the same period more than 93 listings were sold at asking price, while more than 257 were sold below. The number of homes for sale in Detroit, MI increased by 11.2% between September 2024 and October 2024. 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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