1 / 1
Sold in 3 Days
16744 Rutherford St, Detroit, MI, 48235
Closed On : Tue Apr 09 2024
$52,126
$7.2K Above Asking
List Price : $44,900
3 Bedrooms
1 Full Bath
1,240 SqFt
House
Schools Nearby
Location
Comparable Homes
Price Details
Housing Market Comparison
See how this home compares to others in Detroit, MI.
City
Med. Sold Price
$80.1K
Med. Price/SqFt
$69
Avg. Days On Market
49
# of Sold Homes
392
16744 Rutherford St vs Detroit
31 DAYS ON ROCKET
-18 Days
$52,126
-$28K Less
KEY TAKEAWAY
This property is $28K less than the Median Sold Price in Detroit, MI.
Based on homes sold in the last 12 months
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: 4/28/2024, 12:50:21 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
| YEAR | PROP. TAX | ASSESSMENT |
|---|---|---|
| 2021 | $783 | $22,600 |
| 2020 | $1,362 | $19,500 |
| 2018 | $1,362 | $13,600 |
| 2017 | $1,355 | $12,800 |
History based on county public records data.
Payment Calculator
$292
Per Month
Principal & Interest
$225
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
$201
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.
Nearby Schools
5
/10
Rutherford Winans Academy
16411 Curtis St
Distance between this listing and this school0.67 miles
Public Charter Grades PK-5
2
/10
Einstein Elementary School
14001 Northend Ave
Distance between this listing and this school2.78 miles
Public District Grades PK-6
3
/10
Old Redford Academy - Elementary School
17195 Redford St
Distance between this listing and this school2.86 miles
Public Charter Grades PK-5
Neighborhood
What Are The Neighbors Like?
How much money do the neighbors make?
50%
<35k
37%
35k-100k
9%
100k-200k
4%
200k+
What level of education do the neighbors have?
- High School
- 59%
- Post Secondary
- 39%
- Masters
- 2%
What types of families live nearby?
62%
Single, No Kids
20%
Single, with Kids
14%
Married, No Kids
4%
Married, with Kids
Are the neighbors home owners or renters?
- Home Owners
- 52%
- Renters
- 48%
How old are people in this area?
13%
<11 yrs old
7%
12-17 yrs old
23%
18-34 yrs old
44%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
- Pro Boxing
- Mexican League Soccer
- Major League Soccer (MLS)
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)Where do the neighbors shop?
- Burlington
- H&M
- Foot Locker
Burlington
H&M
Foot LockerWhere do the neighbors go to eat?
- White Castle
- Boston Market
- Little Caesars
White Castle
Boston Market
Little CaesarsWhat do the neighbors drive?
- Kia
- Honda
- Dodge
Kia
Honda
DodgeWhat do the neighbors listen to?
- Urban Adult Contemporary
- Rhythmic Contemporary Hits
Urban Adult Contemporary
Rhythmic Contemporary HitsThe neighbors living near this home have an average income of $35,087. The majority of Detroit, MI residents have income less than $35k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Interested in homes like this? Let's connect.
Contact Us
(855) 200-2001Let Us Contact You
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
Rocket Homes›Michigan›Wayne County›Detroit›48235›16744 Rutherford St
While more than 94 listings in Detroit, MI in March 2024 were sold above asking price, there were more than 74 listings sold at asking price, and more than 224 were sold below. The number of listings in Detroit, MI increased by 10.7% between February 2024 and March 2024. In March 2024 median list price was $80,163 and the average listing age was 49 days.
From Rocket Homes Real Estate and based on county public records data.
More Resources
More Homes For Sale in Detroit
Homes For Sale in Nearby Cities
Housing Market Reports in Wayne County
- Highland Park Housing Market
- Wayne Housing Market
- Allen Park Housing Market
- Ecorse Housing Market
- Redford Charter Township Housing Market
- Belleville Housing Market
- Woodhaven Housing Market
- Village of Grosse Pointe Shores Housing Market
- Lincoln Park Housing Market
- Plymouth Housing Market
- Grosse Pointe Park Housing Market
- Dearborn Heights Housing Market