3 Bedroom Bungalow with 1.5 bath needs a little TLC. This home will be ideal for 1st Time Home Buyers and/or Investors looking to add to their portfolio. The home is being sold with a side lot included, a great option for entertainment or a large family.
Property Details
Property Features
Property Information:
Architectural Style: Bungalow
Year Built: 1946
Stories: 2
Living Area: 950 SqFt
Listing Office:
Office Name: Brookstone, Realtors
Office Phone: (248) 890-5504
Listing Agent: Tia Wiley
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 1
Total Bedroom Count: 3
Lot Features
Lot Information:
Lot: Level
Lot Size: 0.02 Acres
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas
Other
Directions Information:
Directions: Kelly to Rossini, South of Eight Mile
Price Information
Listing Price Info
Price Summary:
List Price: $38,000
Price Per SqFt: $40/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.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$257
Per Month
Principal & Interest
$190
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
$180
Powered By
Advertisement
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
2
/10
Chandler Park Academy - Elementary School
20200 Kelly Rd
Distance between this listing and this school0.48 miles
Public Charter Grades KG-5
3
/10
Pleasantview Elementary School
16501 Toepfer Dr
Distance between this listing and this school1.00 miles
Public District Grades 3-5
4
/10
Koepsell Education Center
21760 Raven Ave
Distance between this listing and this school1.44 miles
Public District Grades KG-5
Nearby Schools
4
/10
Chandler Park Academy - Middle School
20100 Kelly Rd
Distance between this listing and this school0.42 miles
Public Charter Grades 6-8
4
/10
Regent Park Scholars Charter Academy
15865 East Seven Mile Rd
Distance between this listing and this school0.60 miles
Public Charter Grades KG-8
3
/10
Harper Woods Middle School
20225 Beaconsfield St
Distance between this listing and this school0.86 miles
Public Magnet Grades 7-8
Nearby Schools
3
/10
Chandler Park Academy - High School
20254 Kelly Rd
Distance between this listing and this school0.51 miles
Public Charter Grades 9-12
4
/10
Harper Woods High School
20225 Beaconsfield St
Distance between this listing and this school0.86 miles
Public Magnet Grades 9-12
5
/10
Eaton Academy
21450 Universal Ave
Distance between this listing and this school0.92 miles
The neighbors living near this home have an average income of $36,570. Most Detroit, MI residents have annual incomes less than $35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 16312 Rossini Dr
What is the listing price of this property?
The listing price of 16312 Rossini Dr property is $38,000.
What type of property is this?
The property 16312 Rossini Dr is a house located in Detroit, Michigan, 48205.
Is this property for sale now?
Active Listing: 16312 Rossini Dr is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 16312 Rossini Dr has 3 bedrooms and 1 full and 1 half bathrooms.
What is the square footage of this property?
The property 16312 Rossini Dr is 950 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 16312 Rossini Dr is 1946.
This home is located at 16312 Rossini Dr in Detroit, MI and zip code 48205 in the Regent Park neighborhood. This 950 square foot home, which was built in 1946, sits on a 0.02 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 11, 2024 and is currently priced at $38,000.
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. The number of homes for sale in Detroit, MI increased by 10.7% between February 2024 and March 2024. While the average time on the market in March 2024 was 49 days, the median list price was $80,163.
From Rocket Homes Real Estate and based on county public records data.