3 months on rocket

Sale Pending

16242 Lilac St, Detroit, MI, 48221

$99,900

Home List Price

$1,186*

Closing Credit

3 Bedrooms
2 Full Baths
1,344 SqFt
$74/SqFt
House

Location

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16242 Lilac St, Detroit$99,900

Buyer Closing Credits

$1,186*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1928
HeatingNatural Gas, Hot Water
BasementYes
MLS #20240048773
Lot Size0.07 Acres
StatusSale Pending
(Pending)

About 16242 Lilac St

**Highest & Best Offers Due By 9/5/24 5pm**This beautiful home located in the popular Fitzgerald Sub is one you don't want to miss! This beauty offers 3 bedrooms and 2 full baths. Two bedrooms on the entry level and Primary bedroom with full bath on the upper level. There's also an unfinished attic that can be converted to a fourth bedroom, dressing room, office, or anything you can imagine! Totally updated from the roof, windows, large kitchen with soft-close cabinets, formal dining room. Luxury plank flooring in the living space, and carpeting in the bedrooms. Both bathrooms are brand new! The clean, unfinished basement has a new high efficiency furnace, hot water tank, electrical and glass block windows. Home warranty offered on construction/mechanicals until October 2025. This home is located close to parks, bike trails, entertainment and major freeways. Get over there Now!!! **Owner Occupants Only**

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 1928
  • Stories: 1
  • Living Area: 1,344 SqFt

Listing Office:

  • Office Name: Bellabay Realty Tri Counties
  • Office Phone: (248) 274-6614
  • Listing Agent: Natasha C Richards

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water

Other

Directions Information:

  • Directions: S. of W. McNichols, W. of Livernois

Price Information

Listing Price Info

Price Summary:

  • List Price: $99,900
  • Price Per SqFt: $74/SqFt

Tax Information:

  • Annual Amount: $474
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$84.9K

Med. Price/SqFt

$72

Avg. Days On Market

45

# of Sold Homes

404

16242 Lilac St vs Detroit

114 DAYS ON ROCKET

+69 Days

$99,900

+$14.9K More

$74/SqFt

+$1 More

KEY TAKEAWAY

This property is $14.9K more 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: #20240048773

Listing Office:

  • Office Name: Bellabay Realty Tri Counties
  • Office Phone: (248) 274-6614
  • Listing Agent: Natasha C Richards

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: 10/31/2024, 7:20:52 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$474$10,400
2020 - $9,000
2017$740$5,700

History based on county public records data.

Payment Calculator

$566

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$366

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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-813636
2
/10
  • Henry Ford Academy:School For Creative Studies-Ele

  • 10225 3rd St

  • 3.27 miles

  • Public Charter Grades KG-5

school-card-donut-813637
2
/10
  • Rutherford Winans Academy

  • 16411 Curtis St

  • 3.30 miles

  • Public Charter Grades PK-5

school-card-donut-813638
2
/10
  • Einstein Elementary School

  • 14001 Northend Ave

  • 3.44 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,107. The majority of Detroit, MI residents have income between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16242 Lilac St

What is the listing price of this property?

The listing price of 16242 Lilac St property is $99,900.

What type of property is this?

The property 16242 Lilac St is a house located in Detroit, Michigan, 48221.

Is this property for sale now?

Sale Pending: 16242 Lilac St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $474 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 16242 Lilac St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 16242 Lilac St is 1,344 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16242 Lilac St is 1928.

Rocket HomesMichiganWayne CountyDetroit4822116242 Lilac St

This home is located at 16242 Lilac St in Detroit, MI and zip code 48221 in the Fitzgerald neighborhood. This 1,344 square foot home, which was built in 1928, sits on a 0.07 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 09, 2024 and is currently priced at $99,900.

In September 2024, from all listings sold in Detroit, MI there were more than 110 sold above asking price, over 221 sold below and more than 73 were sold right at the asked price. The number of homes for sale in Detroit, MI increased by 10.5% between August 2024 and September 2024. The median list price of listings available in September 2024 was $84,971, while the average time on the real estate market was 45 days.

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

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