3 months on rocket

16164 Stoepel St, Detroit, MI, 48221

$61,000

Home List Price

$724*

Closing Credit

3 Full Baths
2,400 SqFt
$25/SqFt
Multi
Schools Nearby

Location

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16164 Stoepel St, Detroit$61,000

Buyer Closing Credits

$724*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1928
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240000003
Lot Size0.10 Acres
StatusActive

About 16164 Stoepel St

Don't miss out on this Fitzgerarld Area 2 Family + Bonus Garden Level Unit! Seller agrees to pay maximum allowable closing costs not to exceed 6% of the purchase price. Enjoy low property taxes and easy rehab project with this fantastic 2 Family Flat, 2 bedrooms in each unit and a bonus garden level unit that will need additional renovations to activate. Instant equity at closing to make quality improvements and add your own finishing touches. Located in the Fitzgerald neighborhood and enclosed by Fenkell, McNichols, Livernois and Meyers/Lodge, this community has access to Mary McCloud Bethune Elementary-Middle School, as well as the University of Detroit Mercy and The School at Marygrove. This community is also home to the Maggie Lee Community Center. With tree-lined streets and community gardens, Fitzgerald lies within the Livernois and McNichols “Live6” corridor, giving community members access to Detroit’s Avenue of Fashion and various shops, art galleries, salons and restaurants. Financing available with Scott Falconer at Prime Lending. Property is eligible for Neighborhood Edge grant program. Up to $7500.00 in closing cost assistance.(must qualify) Contact listing agent for details.

Property Details

Property Features

Property Information:

  • Architectural Style: Historic
  • Year Built: 1928
  • Stories: 2
  • Living Area: 2,400 SqFt

Listing Office:

  • Office Name: Historic Realty Detroit
  • Office Phone: (313) 752-0533
  • Listing Agent: Hubert Jason Hill

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Cable Available

Bedroom and Bathroom Information:

  • Full Bathrooms: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Fenced

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: I-75 exit 6 Mile, 6 Mile to Stoepel one block past Livernois make left to 16164 Stoepel St. 3 block on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $61,000
  • Price Per SqFt: $25/SqFt

Tax Information:

  • Annual Amount: $64
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

Med. Sold Price

$80.1K

Med. Price/SqFt

$69

Avg. Days On Market

49

# of Sold Homes

392

16164 Stoepel St vs Detroit

118 DAYS ON ROCKET

+69 Days

$61,000

-$19.1K Less

$25/SqFt

-$45 Less

KEY TAKEAWAY

This property is $19.1K less than the Median Sold Price and $45/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: #20240000003

Listing Office:

  • Office Name: Historic Realty Detroit
  • Office Phone: (313) 752-0533
  • Listing Agent: Hubert Jason Hill

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: 4/29/2024, 3:25:19 AM 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$64$500
2020$43$500
2018$43$500
2017$44$500

History based on county public records data.

Payment Calculator

$372

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$249

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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-2841446
5
/10
  • Henry Ford Academy:School For Creative Studies-Ele

  • 10225 3rd St

  • 3.00 miles

  • Public Charter Grades KG-5

school-card-donut-2841447
5
/10
  • Rutherford Winans Academy

  • 16411 Curtis St

  • 3.58 miles

  • Public Charter Grades PK-5

school-card-donut-2841448
2
/10
  • Einstein Elementary School

  • 14001 Northend Ave

  • 3.67 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,786. The majority of Detroit, MI residents have income less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesMichiganWayne CountyDetroit4822116164 Stoepel St

This home is located at 16164 Stoepel St in Detroit, MI and zip code 48221 in the Fitzgerald neighborhood. This 2,400 square foot home, which was built in 1928, sits on a 0.10 acre lot. Features: 3 bathrooms. It has been listed on Rocket Homes since January 02, 2024 and is currently priced at $61,000.

In March 2024, from all listings sold in Detroit, MI there were more than 94 sold above asking price, over 224 sold below and more than 74 were sold right at the asked price. In March 2024 in Detroit, MI there were 10.7% more homes for sale than in February 2024. In March 2024, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $80,163.

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

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