9 months on rocket

Sale Pending

16574 Oakfield St, Detroit, MI, 48235

$115,000

Home List Price

$1,366*

Closing Credit

3 Bedrooms
1 Full Bath
1,174 SqFt
$98/SqFt
House
Schools Nearby

Location

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16574 Oakfield St, Detroit$115,000

Buyer Closing Credits

$1,366*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1940
HeatingNatural Gas, Forced Air
BasementYes
FireplaceLiving Room
MLS #20230061699
Lot Size0.12 Acres
StatusSale Pending
(Pending)

About 16574 Oakfield St

Step into your dream home in Detroit! This brick colonial harmoniously combines charm with modern comfort. With 3 generously sized bedrooms, a well-appointed bathroom, and an unfinished basement, this residence offers abundant space to cater to all your needs. Seize this incredible opportunity to own a slice of Detroit's finest living. Embrace the allure of this charming bungalow today and immerse yourself in the true essence of comfortable and stylish living! 16574 Oakfield presents an ideal opportunity for first-time homebuyers or investors looking for an income-generating property.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1940
  • Stories: 2
  • Living Area: 1,174 SqFt

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 501-7085
  • Listing Agent: Nicholas M Zeoli

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: 6 MILE TO OAKFIELD

Price Information

Listing Price Info

Price Summary:

  • List Price: $115,000
  • Price Per SqFt: $98/SqFt

Tax Information:

  • Annual Amount: $846
  • 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

$81K

Med. Price/SqFt

$70

Avg. Days On Market

45

# of Sold Homes

426

16574 Oakfield St vs Detroit

279 DAYS ON ROCKET

+234 Days

$115,000

+$33.9K More

$98/SqFt

+$27 More

KEY TAKEAWAY

This property is $33.9K more than the Median Sold Price and $27/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: #20230061699

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 501-7085
  • Listing Agent: Nicholas M Zeoli

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: 5/1/2024, 10:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 28, 2017Home Sold
$69,000
Dec 20, 2016Home Sold
$22,500
Apr 15, 2011Home Sold
$45,000
Apr 30, 2004Home Sold
$116,000

Tax History

YEARPROP. TAXASSESSMENT
2021$846$21,900
2020$1,467$19,000
2018$1,467$14,200
2017$1,407$13,300

History based on county public records data.

Payment Calculator

$641

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$411

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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-4424575
5
/10

  • Rutherford Winans Academy

  • 16411 Curtis St

  • 0.77 miles

  • Public Charter Grades PK-5

school-card-donut-4424576
3
/10

  • Old Redford Academy - Elementary School

  • 17195 Redford St

  • 2.37 miles

  • Public Charter Grades PK-5

school-card-donut-4424577
5
/10

  • Detroit Innovation Academy

  • 18211 Plymouth Rd

  • 2.84 miles

  • Public Charter Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,633. Typical income of Detroit, MI residents is between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16574 Oakfield St

What is the listing price of this property?

The listing price of 16574 Oakfield St property is $115,000.

What type of property is this?

The property 16574 Oakfield St is a house located in Detroit, Michigan, 48235.

Is this property for sale now?

Sale Pending: 16574 Oakfield 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 $846 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 28, 2017 for $69,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 16574 Oakfield St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 16574 Oakfield St is 1,174 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16574 Oakfield St is 1940.

Rocket Homes›Michigan›Wayne County›Detroit›48235›16574 Oakfield St

This home is located at 16574 Oakfield St in Detroit, MI and zip code 48235 in the Upper West neighborhood. This 1,174 square foot home, which was built in 1940, sits on a 0.12 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 27, 2023 and is currently priced at $115,000.

Over 94 listings were sold over their listed price in April 2024 in Detroit, MI. In the same period over 243 listings were sold below the listed price and 89 listings were sold for the listed price. In April 2024 in Detroit, MI there were 12.7% more homes for sale than in March 2024. While the average time on the market in April 2024 was 45 days, the median list price was $81,036.

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

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