NOT LISTED FOR SALE

16008 Fairmount Dr Detroit, MI 48205

Regent Park Neighborhood

Estimated Value: $66,000 - $119,501

3 Beds
1 Bath
972 Sq Ft
$86/Sq Ft Est. Value

Last Sold May 08, 2024

Last sale price $29,000 $30 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $614/month

9 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • Bungalow
  • Cass Technical High School Rated 10
  • 1 Car Detached Garage
  • 5-minute walk to Bringard Boulder Park

About This Home

As of May 2024

we have multiple offers received. Highest and best due Monday, April 21 at 9:00 am.
Attention investors! This property is being sold as-is and is ideal for those looking to capitalize on a renovation project. Featuring a covered porch and a detached garage, this home offers potential for improvement and value enhancement. Bring your vision and expertise to transform this property into a profitable investment. Whether you're seeking to flip or rent, this opportunity is ripe for investment success. Don't miss out—contact us today to learn more about this promising investment prospect!

Last Agent to Sell the Property

Erika Baker

Keller Williams Realty-Great Lakes License #6501370326 Listed on: 04/16/2024

Keller Williams Realty-Great Lakes

Last Buyer's Agent

Zakir Hussain

NPG Real Estate License #6501406685

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1942

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 37.00 x 123.00

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 972 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Covered Patio or Porch
  • Ground Level

Community Details

  • No Home Owners Association
  • Paterson Bros & Cos Ridgemont Gardens Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I025150S

Home Details

Home Type

Single Family

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1942
  • State Equalized Value: 18100.0000
  • Entry Location: Ground Level w/Steps
  • AgentOnly_ListPriceByAcre: 125000.0000
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 972

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 37.00 x 123.00
  • Parcel Number: W21I025150S

Tax Info

  • Tax Amount Summer: 1633.0000
  • Tax Amount Winter: 170.0000
  • Total Tax: 1803.0000
  • Taxable Value: 18100.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2024
Closed on
May 3, 2024
Sold by
Sfr3-050 Llc
Bought by
Barakah Llc
Seller's Agent
Erika Baker
Keller Williams Realty-Great Lakes
Buyer's Agent
Zakir Hussain
NPG Real Estate
List Price
$12,500
Sold Price
$29,000
Premium/Discount to List
$16,500
132%
Views
176
Current Estimated Value
$83,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,375
Avg. Annual Appreciation
88.92%

Purchase Details

Closed on
May 27, 2022
Sold by
Roger F Goode Trust
Bought by
Sfr3-050 Llc

Purchase Details

Closed on
Jun 5, 2018
Sold by
Goode Lottie E
Bought by
The Roger F Goode Trust

Purchase Details

Closed on
Mar 26, 2009
Sold by
Goode Lottie E
Bought by
Goode Alan R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Barakah Llc $29,000 None Listed On Document
Barakah Llc $29,000 None Listed On Document
Sfr3-050 Llc $20,000 None Listed On Document
The Roger F Goode Trust -- None Available
Goode Alan R -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2024 05/08/24 Sold $29,000 +132.0% $30 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
04/16/2024 04/16/24 For Sale $12,500 -- $13 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,146 $25,600 $0 $0
2024 $1,682 $22,100 $0 $0
2023 $1,633 $18,100 $0 $0
2022 $913 $14,400 $0 $0
2021 $890 $11,500 $0 $0
2020 $890 $9,900 $0 $0
2019 $878 $8,100 $0 $0
2018 $782 $7,300 $0 $0
2017 $131 $6,900 $0 $0
2016 $1,379 $15,100 $0 $0
2015 $1,510 $15,100 $0 $0
2013 $1,859 $18,588 $0 $0
2010 -- $27,253 $1,061 $26,192
Source: Public Records

Agents Affiliated with this Home

  • Erika Baker

    Seller's Agent in 2024

    Erika Baker

    Keller Williams Realty-Great Lakes

    (248) 929-4493

    6 in this area

    472 Total Sales

    Erika Baker
    Section Image

  • Z

    Buyer's Agent in 2024

    Zakir Hussain

    NPG Real Estate

    (833) 264-6832

    1 in this area

    108 Total Sales

    Zakir Hussain
    Section Image
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Map

Source: Realcomp

MLS Number: 20240024190

Realcomp

APN: 21-025150

Michigan Wayne County Detroit 48205 Regent Park

16008 Fairmount Dr, Detroit, MI

Not Listed for Sale

Detached

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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