8 months on rocket

16226 Fairmount Dr, Detroit, MI, 48205

$69,900

Home List Price

$830*

Closing Credit

3 Bedrooms
1 Full Bath
979 SqFt
$71/SqFt
House
Schools Nearby

Location

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16226 Fairmount Dr, Detroit$69,900

Buyer Closing Credits

$830*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingDetached
Garage1 space
Year Built1947
HeatingNatural Gas, Forced Air
BasementYes
MLS #20230065350
Lot Size0.12 Acres
StatusActive

About 16226 Fairmount Dr

3 bedroom brick on Detroit's Eastside with basement and detached garage. Would make the perfect investment opportunity! Long term tenant paying all utilities. Property is city certified as a rental through 9/11/2026. PLEASE DO NOT DISTURB THE TENANTS. BATVAI.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1947
  • Stories: 1
  • Living Area: 979 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: 8 MILE TO KELLY, S. TO CUSHING TO FAIRMOUNT

Price Information

Listing Price Info

Price Summary:

  • List Price: $69,900
  • Price Per SqFt: $71/SqFt

Tax Information:

  • Annual Amount: $1,419
  • 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

$80.1K

Med. Price/SqFt

$69

Avg. Days On Market

49

# of Sold Homes

392

16226 Fairmount Dr vs Detroit

266 DAYS ON ROCKET

+217 Days

$69,900

-$10.2K Less

$71/SqFt

+$1 More

KEY TAKEAWAY

This property is $10.2K less than the Median Sold Price and $1/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: #20230065350

Listing Office:

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

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: 4/28/2024, 5:25:20 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$1,419$17,800
2020$925$15,300
2018$925$12,100
2017$922$11,500

History based on county public records data.

Payment Calculator

$416

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$276

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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-2457688
2
/10

  • Chandler Park Academy - Elementary School

  • 20200 Kelly Rd

  • 0.55 miles

  • Public Charter Grades KG-5

school-card-donut-2457689
3
/10

  • Pleasantview Elementary School

  • 16501 Toepfer Dr

  • 0.95 miles

  • Public District Grades 3-5

school-card-donut-2457690
4
/10

  • Koepsell Education Center

  • 21760 Raven Ave

  • 1.47 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. Most Detroit, MI residents have annual incomes less than $35k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16226 Fairmount Dr

What is the listing price of this property?

The listing price of 16226 Fairmount Dr property is $69,900.

What type of property is this?

The property 16226 Fairmount Dr is a house located in Detroit, Michigan, 48205.

Is this property for sale now?

Active Listing: 16226 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 $1,419 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 16226 Fairmount Dr has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 16226 Fairmount Dr is 979 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16226 Fairmount Dr is 1947.

Rocket Homes›Michigan›Wayne County›Detroit›48205›16226 Fairmount Dr

This home is located at 16226 Fairmount Dr in Detroit, MI and zip code 48205 in the Regent Park neighborhood. This 979 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 August 06, 2023 and is currently priced at $69,900.

Over 94 listings were sold over their listed price in March 2024 in Detroit, MI. In the same period over 224 listings were sold below the listed price and 74 listings were sold for the listed price. The number of listings in Detroit, MI increased by 10.7% between February 2024 and March 2024. Listings spent 49 days on the market in March 2024, and had a median list price of $80,163 during the same period.

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

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