28 days on rocket

16246 Monica St, Detroit, MI, 48221

$99,000

Home List Price

$1,176*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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16246 Monica St, Detroit$99,000

Buyer Closing Credits

$1,176*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1928
HeatingForced Air, Natural Gas
BasementYes
MLS #24015227
Lot Size0.09 Acres
StatusActive

About 16246 Monica St

Welcome to 16246 Monica, an exceptional multi-family duplex nestled in the heart of Detroit's revitalization area. Boasting 4 spacious bedrooms and 2 well-appointed bathrooms, this property is a perfect investment or live-in home. Each unit of this multi-family charms with original hardwood floors and elegant trim, offering a warm and inviting ambiance. The layout is designed for modern living while preserving the classic character that makes this property unique. Situated just 7 minutes from Downtown and a mere 5 minutes from the vibrant Midtown district, you are never far from the best of Detroit's entertainment, dining, and cultural scenes. Plus, with freeway access only 2 blocks away, commuting is a breeze.

Property Details

Property Features

Property Information:

  • Year Built: 1928

Listing Office:

  • Office Name: KW Professionals
  • Office Phone: (734) 459-4700
  • Listing Agent: Jeff Glover, Evan Leary

Interior Features

Interior Information:

  • Basement: Yes

Lot Features

Lot Information:

  • Lot: Sidewalk
  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: North of Puritan / West of Livernois

Price Information

Listing Price Info

Price Summary:

  • List Price: $99,000

Tax Information:

  • Annual Amount: $1,478
  • 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

16246 Monica St vs Detroit

28 DAYS ON ROCKET

-21 Days

$99,000

+$18.8K More

KEY TAKEAWAY

This property is $18.8K more than the Median Sold Price in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Michigan Regional Information Center (MichRIC)
  • MLS Number: #24015227

Listing Office:

  • Office Name: KW Professionals
  • Office Phone: (734) 459-4700
  • Listing Agent: Jeff Glover, Evan Leary

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
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, 3:20:25 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$1,478$14,700
2020$1,063$12,700
2018$1,063$9,100
2017$1,059$8,200

History based on county public records data.

Payment Calculator

$562

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$363

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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-3176117
5
/10

  • Henry Ford Academy:School For Creative Studies-Ele

  • 10225 3rd St

  • 3.14 miles

  • Public Charter Grades KG-5

school-card-donut-3176118
5
/10

  • Rutherford Winans Academy

  • 16411 Curtis St

  • 3.45 miles

  • Public Charter Grades PK-5

school-card-donut-3176119
2
/10

  • Einstein Elementary School

  • 14001 Northend Ave

  • 3.53 miles

  • Public District Grades PK-6

All data from GreatSchools

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 majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48221›16246 Monica St

This home is located at 16246 Monica St in Detroit, MI and zip code 48221 in the Fitzgerald neighborhood. This home, which was built in 1928, sits on a 0.09 acre lot. It has been listed on Rocket Homes since April 01, 2024 and is currently priced at $99,000.

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. The median list price of listings available in March 2024 was $80,163, while the average time on the real estate market was 49 days.

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

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