NOT LISTED FOR SALE

16306 Fairmount Dr Detroit, MI 48205

Regent Park Neighborhood

Estimated Value: $68,000 - $89,000

3 Beds
1 Bath
924 Sq Ft
$82/Sq Ft Est. Value

Last Sold October 16, 2012

Last sale price $7,000 $8 Per Sq Ft

Est. 988% increase in value since last sale

Current estimated payment $495/month

5 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • 2 Car Garage
  • Cass Technical High School Rated 10
  • Forced Air Heating System
  • 4-minute walk to Bringard Boulder Park

About This Home

As of October 2012

HUD Home. For overbidding and/or escrow repair information, please see attached Overbidding and Escrow Repair MLS addendum

Last Agent to Sell the Property

Jeahad Kadaf

Heights Realty Group License #6502395512 Listed on: 07/07/2012

Last Buyer's Agent

Dean Agius

3Sixty5 Realty License #6501349445

3Sixty5 Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x132

Parking

  • 2 Car Garage

Home Design

  • 924 Sq Ft Home
  • Ranch Style House
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement

Community Details

  • No Home Owners Association
  • Ridgemont Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I025120C1

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: YES
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Sq Ft Combined: 924
  • Total Sq Ft: 924

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 25000.0000
  • Lot Size Area: 0.12
  • Lot Dimensions: 40X132
  • Parcel Number: W21I025120C1

Tax Info

  • Tax Amount Summer: 2080.0000
  • Tax Amount Winter: 202.0000
  • Total Tax: 2282.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2012
Closed on
Oct 11, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Wilson Arthur
Seller's Agent
Jeahad Kadaf
Heights Realty Group
Buyer's Agent
Dean Agius
3Sixty5 Realty
List Price
$3,000
Sold Price
$7,000
Premium/Discount to List
$4,000
133.33%
Current Estimated Value
$76,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,171
Avg. Annual Appreciation
20.27%

Purchase Details

Closed on
Oct 8, 2010
Sold by
Bac Home Loans Servicing Lp
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Apr 7, 2010
Sold by
Clark Anthony
Bought by
Bac Home Loans Servicing Lp

Purchase Details

Closed on
Oct 6, 2006
Sold by
Verbeke Matthew A and Boullard Diana L
Bought by
Clark Anthony D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,493
Interest Rate
6.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Wilson Arthur $7,000 None Available
The Secretary Of Housing & Urban Develop -- None Available
Bac Home Loans Servicing Lp $70,709 None Available
Clark Anthony D $71,600 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clark Anthony $70,493
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2012 10/16/12 Sold $7,000 +133.3% $8 / Sq Ft
07/12/2012 07/12/12 Pending -- -- --
07/07/2012 07/07/12 For Sale $3,000 -- $3 / 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 $956 $37,000 $0 $0
2024 $956 $32,200 $0 $0
2023 $686 $26,500 $0 $0
2022 $1,008 $21,500 $0 $0
2021 $744 $17,100 $0 $0
2020 $974 $14,800 $0 $0
2019 $960 $12,100 $0 $0
2018 $828 $10,300 $0 $0
2017 $186 $9,800 $0 $0
2016 $1,153 $15,200 $0 $0
2015 $1,520 $15,200 $0 $0
2013 $1,879 $18,785 $0 $0
2010 -- $1,175 $1,174 $1
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jeahad Kadaf

    Heights Realty Group

    (313) 558-0508

    Jeahad Kadaf
    Section Image

  • D

    Buyer's Agent in 2012

    Dean Agius

    3Sixty5 Realty

    Section Image
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Map

Source: Realcomp

MLS Number: 212069823

Realcomp

APN: 21-0251201

Michigan Wayne County Detroit 48205 Regent Park

16306 Fairmount Dr, Detroit, MI

This home is located at 16306 Fairmount Dr, Detroit, MI 48205 since 07 July 2012 and is currently estimated at $76,171, approximately $82 per square foot. This property was built in 1947. 16306 Fairmount Dr is a home located in Wayne County with nearby schools including Edward 'Duke' Ellington Conservatory of Music and Art, Charles L. Spain Elementary-Middle School, and Denby High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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