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Backup Offers

16622 Ilene St, Detroit, MI, 48221

$96,000

Home List Price

$1,140*

Closing Credit

2 Full Baths, 1 Partial
1,901 SqFt
$51/SqFt
Multi
Schools Nearby

Location

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16622 Ilene St, Detroit$96,000

Buyer Closing Credits

$1,140*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
Year Built1940
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240007164
Lot Size0.10 Acres
StatusAccepting Backup Offers

About 16622 Ilene St

Attention Investors! Explore this updated investment property in a terrific location on Detroit's Westside! This brick multi-family offers two generous units, each featuring 2 bedrooms and 1 bathroom, with a fireplace on the lower level that presents a fantastic opportunity, with great character in each unit, awaiting your individualized touch. Recently upgraded and conveniently situated minutes from downtown Royal Oak, Boston Edison, and Downtown Detroit! . All offers must include proof of funds. The buyer's agent must be physically present for all showings, access by Sentrilock. Buyer's Agent to verify all information. buyer pays $495 transactions fee to listing brokerage at closing. Information is deemed reliable but always do your due diligence. Property SOLD AS IS! Current tenant is has rented for 2 years currently month to month, 48hr notice to see occupied unit, do not disturb tenant

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow, Upper/Lower Apartment
  • Year Built: 1940
  • Stories: 2
  • Living Area: 1,901 SqFt

Listing Office:

  • Office Name: Reach Realty Group
  • Office Phone: (313) 766-4000
  • Listing Agent: Reginald Pendleton

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Laundry Facility

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: N. Southfield Depart and head north on M-39 N 1.5 mi At Exit 13, head right on the ramp for Southfield Fwy toward McNichols Rd 0.2 mi Turn right onto W McNichols Rd Pass Nu Wave Fish and Chicken on the right in 1.5 mi 2.9 mi Turn right onto Ilene St 0.2 mi Arrive at Ilene St The last intersection before your destination is Grove St If you reach Florence St, you've gone too far 16622 Ilene St, Detroit, MI 48221

Price Information

Listing Price Info

Price Summary:

  • List Price: $96,000
  • Price Per SqFt: $51/SqFt

Tax Information:

  • Annual Amount: $553
  • 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

16622 Ilene St vs Detroit

79 DAYS ON ROCKET

+30 Days

$96,000

+$15.8K More

$51/SqFt

-$19 Less

KEY TAKEAWAY

This property is $15.8K more than the Median Sold Price and $19/SqFt less 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: #20240007164

Listing Office:

  • Office Name: Reach Realty Group
  • Office Phone: (313) 766-4000
  • Listing Agent: Reginald Pendleton

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: 4/29/2024, 6:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 24, 2021Home Sold
$37,050

Tax History

YEARPROP. TAXASSESSMENT
2021$553$25,700
2020$950$22,100
2018$950$15,800
2017$949$14,100

History based on county public records data.

Payment Calculator

$547

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$354

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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-2925656
5
/10

  • Rutherford Winans Academy

  • 16411 Curtis St

  • 2.50 miles

  • Public Charter Grades PK-5

school-card-donut-2925657
2
/10

  • Einstein Elementary School

  • 14001 Northend Ave

  • 2.91 miles

  • Public District Grades PK-6

school-card-donut-2925658
3
/10

  • Key Elementary School

  • 23400 Jerome St

  • 3.41 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 $45,950. Typical income of Detroit, MI residents is between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48221›16622 Ilene St

This home is located at 16622 Ilene St in Detroit, MI and zip code 48221 in the Harmony VIllage neighborhood. This 1,901 square foot home, which was built in 1940, sits on a 0.10 acre lot. Features: 3 bathrooms. It has been listed on Rocket Homes since February 09, 2024 and is currently priced at $96,000.

In March 2024 more than 94 listings in Detroit, MI were sold above the asking price. During the same period more than 74 listings were sold at asking price, while more than 224 were sold below. 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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