2 months on rocket

16047 Tacoma St, Detroit, MI, 48205

$62,500

Home List Price

$742*

Closing Credit

3 Bedrooms
1 Full Bath
917 SqFt
$68/SqFt
House
Schools Nearby

Location

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16047 Tacoma St, Detroit$62,500

Buyer Closing Credits

$742*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1947
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240009526
Lot Size0.12 Acres
StatusActive

About 16047 Tacoma St

This East side investment property is a prime opportunity to start or add to your portfolio! The tenant has been in the property since 2020 with an outstanding payment history. The current monthly rent is $850/month and the tenant is on a month to month lease. Property has new electric service and panel (2022) some new windows (2023). Copies of lease and ledger are available with an accepted offer. Photos are from prior to tenant move in.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1947
  • Stories: 1
  • Living Area: 917 SqFt

Listing Office:

  • Office Name: Rondo Investment LLC
  • Office Phone: (313) 521-6666
  • Listing Agent: Kathlene Desmone

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: West on Tacoma from Kelly

Price Information

Listing Price Info

Price Summary:

  • List Price: $62,500
  • Price Per SqFt: $68/SqFt

Tax Information:

  • Annual Amount: $580
  • 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

$81K

Med. Price/SqFt

$70

Avg. Days On Market

45

# of Sold Homes

426

16047 Tacoma St vs Detroit

75 DAYS ON ROCKET

+30 Days

$62,500

-$18.5K Less

$68/SqFt

-$3 Less

KEY TAKEAWAY

This property is $18.5K less than the Median Sold Price and $3/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: #20240009526

Listing Office:

  • Office Name: Rondo Investment LLC
  • Office Phone: (313) 521-6666
  • Listing Agent: Kathlene Desmone

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: 5/2/2024, 5:25:18 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 12, 2021Home Sold
$55,000
Aug 13, 2020Home Sold
$20,000
Jun 27, 2017Home Sold
$16,000

Tax History

YEARPROP. TAXASSESSMENT
2021$580$11,000
2020$1,009$9,400
2018$1,009$8,900
2017$922$9,800

History based on county public records data.

Payment Calculator

$379

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$254

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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-4557881
2
/10

  • Chandler Park Academy - Elementary School

  • 20200 Kelly Rd

  • 0.69 miles

  • Public Charter Grades KG-5

school-card-donut-4557882
3
/10

  • Pleasantview Elementary School

  • 16501 Toepfer Dr

  • 1.13 miles

  • Public District Grades 3-5

school-card-donut-4557883
4
/10

  • Koepsell Education Center

  • 21760 Raven Ave

  • 1.65 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 $36,570. The majority of Detroit, MI residents have income less than $35k annually. The most common type of family is 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 16047 Tacoma St

What is the listing price of this property?

The listing price of 16047 Tacoma St property is $62,500.

What type of property is this?

The property 16047 Tacoma St is a house located in Detroit, Michigan, 48205.

Is this property for sale now?

Active Listing: 16047 Tacoma 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 $580 (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 12, 2021 for $55,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 16047 Tacoma St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 16047 Tacoma St is 917 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16047 Tacoma St is 1947.

Rocket Homes›Michigan›Wayne County›Detroit›48205›16047 Tacoma St

This home is located at 16047 Tacoma St in Detroit, MI and zip code 48205 in the Burbank neighborhood. This 917 square foot home, which was built in 1947, sits on a 0.12 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 16, 2024 and is currently priced at $62,500.

Over 94 listings were sold over their listed price in April 2024 in Detroit, MI. In the same period over 243 listings were sold below the listed price and 89 listings were sold for the listed price. The number of listings in Detroit, MI increased by 12.7% between March 2024 and April 2024. While the average time on the market in April 2024 was 45 days, the median list price was $81,036.

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

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