NOT LISTED FOR SALE

16450 Fairmount Dr Detroit, MI 48205

Regent Park Neighborhood

Estimated Value: $67,000 - $125,295

3 Beds
1 Bath
1,250 Sq Ft
$70/Sq Ft Est. Value

Last Sold November 14, 2017

Last sale price $35,500 $28 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $614/month

Highlights

  • Bungalow
  • Cass Technical High School Rated 10
  • 5-minute walk to Bringard Boulder Park

About This Home

As of November 2017

This 3 bedroom brick bungalow offers newer kitchen and bath, so move right in and not live in a construction zone!

Last Agent to Sell the Property

Janis Chiapparo

II Elite Real Estate Services License #MISPE-6504292012 Listed on: 06/02/2017

Last Buyer's Agent

Randi Brandt

Keller Williams Realty Lakeside License #MISPE-6501401483

Keller Williams Realty Lakeside

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,855

Year Built

  • Built in 1944

Lot Details

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

Home Design

  • Bungalow
  • Brick Exterior Construction

Interior Spaces

  • 1,250 Sq Ft Home
  • 1.5-Story Property
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Community Details

  • Lambrechts John Golfhurst Subdivision

Listing and Financial Details

  • Assessor Parcel Number 21025112.

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,855

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Bungalow
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 1
  • Year Built: 1944
  • Mail City: Detroit
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Yes
  • Bedrooms: 3
  • Bedroom 1: On Entry Level
  • Bedroom 2: On Entry Level
  • Bedroom 3: On 2nd Floor
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Dining Room: On Entry Level
  • Kitchen: On Entry Level
  • Laundry: In Basement
  • Living Room: On Entry Level
  • Below Grade Sq Ft: 800
  • Above Grade Finished Sq Ft: 1250
  • Total Finished Sq Ft: 1250

Exterior Features

  • Exterior: Brick
  • Foundation: Basement
  • Frontage: 40

Utilities

  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 21025112.
  • Lot Dimensions: 40x132
  • Acreage: 0.12
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2016, Amount: $1,201.00
  • Total Tax: Amount: $1.00

MLS Schools

  • School District: Detroit City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2023
Sold by
Illariy Llc
Bought by
Stokes Lonnay
Current Estimated Value
$87,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Outstanding Balance
$44,127
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$43,447

Purchase Details

Closed on
Mar 9, 2018
Sold by
Warren Walter Holdings Llc
Bought by
Illariy Llc

Purchase Details

Listed on
Jun 2, 2017
Closed on
Nov 14, 2017
Sold by
Clark Jacqueline
Bought by
Warren Walter Holdings Llc
Seller's Agent
Janis Chiapparo
II Elite Real Estate Services
Buyer's Agent
Randi Brandt
Keller Williams Realty Lakeside
List Price
$47,900
Sold Price
$35,500
Premium/Discount to List
-$12,400
-25.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.01%

Purchase Details

Closed on
Jun 14, 2012
Sold by
Rielly James L and Rielly Suzanne F
Bought by
Clark Jacqueline
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
Stokes Lonnay $60,000 Embassy Title Agency
Stokes Lonnay $60,000 Embassy Title Agency
Illariy Llc $54,900 First American Title Ins Co
Warren Walter Holdings Llc $35,500 First American Title Ins Co
Clark Jacqueline $7,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stokes Lonnay $45,000
Closed Stokes Lonnay $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2017 11/14/17 Sold $35,500 -2.7% $28 / Sq Ft
11/03/2017 11/03/17 Pending -- -- --
10/14/2017 10/14/17 Price Changed $36,500 -1.1% $29 / Sq Ft
09/23/2017 09/23/17 Price Changed $36,900 -6.6% $30 / Sq Ft
09/18/2017 09/18/17 Price Changed $39,500 -1.0% $32 / Sq Ft
07/17/2017 07/17/17 Price Changed $39,900 -11.1% $32 / Sq Ft
06/25/2017 06/25/17 Price Changed $44,900 -6.3% $36 / Sq Ft
06/02/2017 06/02/17 For Sale $47,900 -- $38 / Sq Ft
Source: Michigan Multiple Listing Service

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 $1,855 $24,700 $0 $0
2024 $1,855 $21,300 $0 $0
2023 $939 $17,500 $0 $0
2022 $996 $14,200 $0 $0
2021 $970 $11,400 $0 $0
2020 $970 $9,900 $0 $0
2019 $957 $8,100 $0 $0
2018 $833 $7,700 $0 $0
2017 $138 $7,300 $0 $0
2016 $1,343 $14,600 $0 $0
2015 $1,460 $14,600 $0 $0
2013 $1,804 $18,038 $0 $0
2010 -- $26,446 $1,484 $24,962
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Janis Chiapparo

    II Elite Real Estate Services

    Section Image

  • R

    Buyer's Agent in 2017

    Randi Brandt

    Keller Williams Realty Lakeside

    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 31321480

Michigan Multiple Listing Service

APN: 21-025112

Michigan Wayne County Detroit 48205 Regent Park

16450 Fairmount Dr, Detroit, MI

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Michigan Multiple Listing Service Source MLS: MiRealSource
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