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16854 Inverness St, Detroit, MI, 48221

$65,000

Home List Price

$772*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,566 SqFt
$42/SqFt
House
Schools Nearby

Location

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16854 Inverness St, Detroit$65,000

Buyer Closing Credits

$772*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage2 spaces
Year Built1924
HeatingForced Air, Natural Gas
BasementYes
MLS #24001458
Lot Size0.14 Acres
StatusActive

About 16854 Inverness St

Welcome home to this 3 bedroom, 1.1 bathroom Craftsman style home conveniently located in Detroit. Make this home your own or use as an income producing investment property. This home is being sold in as in condition.

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 1924
  • Stories: 2
  • Living Area: 1,566 SqFt

Listing Office:

  • Office Name: Golden Key Real Estate LLC
  • Office Phone: (313) 638-2474
  • Listing Agent: Ryan Heward, Dustin Shaeffer

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: S of McNichols and Pontchartrian Blvd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $65,000
  • Price Per SqFt: $42/SqFt

Tax Information:

  • Annual Amount: $822
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

Med. Sold Price

$80.1K

Med. Price/SqFt

$69

Avg. Days On Market

49

# of Sold Homes

392

16854 Inverness St vs Detroit

114 DAYS ON ROCKET

+65 Days

$65,000

-$15.1K Less

$42/SqFt

-$28 Less

KEY TAKEAWAY

This property is $15.1K less than the Median Sold Price and $28/SqFt less than other homes 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: #24001458

Listing Office:

  • Office Name: Golden Key Real Estate LLC
  • Office Phone: (313) 638-2474
  • Listing Agent: Ryan Heward, Dustin Shaeffer

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: 4/28/2024, 12:20:22 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$822$12,100
2020$784$10,500
2018$784$6,300
2017$793$6,300

History based on county public records data.

Payment Calculator

$392

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$261

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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-2250040
5
/10
  • Henry Ford Academy:School For Creative Studies-Ele

  • 10225 3rd St

  • 2.54 miles

  • Public Charter Grades KG-5

school-card-donut-2250041
3
/10
  • Dickinson West Elementary School

  • 2333 Burger St

  • 3.11 miles

  • Public District Grades KG-6

school-card-donut-2250042
3
/10
  • United Oaks Elementary School

  • 1001 E Harry Ave

  • 3.15 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,065. The most common annual income of people living in Detroit, MI is less than $35k. 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

Frequently Asked Questions About 16854 Inverness St

What is the listing price of this property?

The listing price of 16854 Inverness St property is $65,000.

What type of property is this?

The property 16854 Inverness St is a house located in Detroit, Michigan, 48221.

Is this property for sale now?

Active Listing: 16854 Inverness St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $822 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 16854 Inverness St has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 16854 Inverness St is 1,566 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16854 Inverness St is 1924.

Rocket Homes›Michigan›Wayne County›Detroit›48221›16854 Inverness St

This home is located at 16854 Inverness St in Detroit, MI and zip code 48221 in the McNichols neighborhood. This 1,566 square foot home, which was built in 1924, sits on a 0.14 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 04, 2024 and is currently priced at $65,000.

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 inventory of homes for sale in Detroit, MI between February 2024 and March 2024 increased by 10.7%. 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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