Welcome home! This newly renovated brick home within walking distance to the University of Detroit Mercy is now available. As you walk in, you will notice refinished hardwood flooring and fresh neutral paint color throughout the home. This home features an updated kitchen with granite countertops, an updated bathroom on the main floor, and generous sized bedrooms. As you walk upstairs you will notice new carpet, paint, and an additional bathroom. The clean, dry, and large basement can be used for storage or can be finished for additional living space. The 2-car garage can be used to keep cars, tools, or even lawn equipment out of the cold weather elements in Michigan's quickly approaching winter season. This home is perfect for a family looking for a beautiful home! Schedule you're showing today! Previous buyers financing fell through at the very last moment, their loss is your gain!
Property Details
Property Features
Property Information:
Architectural Style: Bungalow
Year Built: 1945
Stories: 1
Living Area: 1,493 SqFt
Listing Office:
Office Name: Woodward Square Realty, LLC
Office Phone: (248) 301-9444
Listing Agent: Nathan Wieczorek
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 4
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Garage Space: 2 spaces
Attached Garage: No
Parking: Detached
Lot Features
Lot Information:
Lot Size: 0.10 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Forced Air
Other
Directions Information:
Directions: East of Livernois / North of Puritan Ave
Price Information
Listing Price Info
Price Summary:
List Price: $140,000
Price Per SqFt: $94/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Detroit, MI.
This property is $59.8K more than the Median Sold Price and $24/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: #20240005401
Listing Office:
Office Name: Woodward Square Realty, LLC
Office Phone: (248) 301-9444
Listing Agent: Nathan Wieczorek
Disclaimer: 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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$766
Per Month
Principal & Interest
$699
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$486
Powered By
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Henry Ford Academy:School For Creative Studies-Ele
10225 3rd St
Distance between this listing and this school2.74 miles
Public Charter Grades KG-5
3
/10
Dickinson West Elementary School
2333 Burger St
Distance between this listing and this school3.60 miles
Public District Grades KG-6
3
/10
United Oaks Elementary School
1001 E Harry Ave
Distance between this listing and this school3.73 miles
Public District Grades KG-5
Nearby Schools
4
/10
Joy Preparatory Academy
15055 Dexter Ave
Distance between this listing and this school0.68 miles
Public Charter Grades 3-8
2
/10
Mary Mcleod Bethune Elementary-Middle School
8145 Puritan St
Distance between this listing and this school0.89 miles
Public Magnet Grades KG-8
6
/10
Martin Luther King Jr. Education Center Academy
16827 Appoline St
Distance between this listing and this school1.89 miles
Public Charter Grades KG-8
Nearby Schools
2
/10
Mumford High School
17525 Wyoming St
Distance between this listing and this school1.62 miles
Public Magnet Grades 9-12
2
/10
Central Collegiate Academy
2425 Tuxedo St
Distance between this listing and this school2.21 miles
Public District Grades 9-12
4
/10
David Ellis Academy
18977 Schaefer Hwy
Distance between this listing and this school2.70 miles
The neighbors living near this home have an average income of $43,897. Typical income of Detroit, MI residents is between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 16176 Fairfield St
What is the listing price of this property?
The listing price of 16176 Fairfield St property is $140,000.
What type of property is this?
The property 16176 Fairfield St is a house located in Detroit, Michigan, 48221.
Is this property for sale now?
Active Listing: 16176 Fairfield St is For Sale (Active/New) which means the seller is accepting offers.
When was this property sold last time and for how much?
The last sale was on July 31, 2020 for $33,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 16176 Fairfield St has 4 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 16176 Fairfield St is 1,493 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 16176 Fairfield St is 1945.
This home is located at 16176 Fairfield St in Detroit, MI and zip code 48221 in the McNichols neighborhood. This 1,493 square foot home, which was built in 1945, sits on a 0.10 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 28, 2024 and is currently priced at $140,000.
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. Between February 2024 and March 2024, Detroit, MI real estate market has seen increase in the number of listings by 10.7%. In March 2024 median list price was $80,163 and the average listing age was 49 days.
From Rocket Homes Real Estate and based on county public records data.