NOT LISTED FOR SALE

16591 Ilene St Detroit, MI 48221

Fitzgerald Neighborhood

Estimated Value: $126,000 - $131,000

4 Beds
2 Baths
1,586 Sq Ft
$81/Sq Ft Est. Value

Last Sold September 21, 2018

Last sale price $37,500 $24 Per Sq Ft

Est. 241% increase in value since last sale

Current estimated payment $890/month

About This Home

As of September 2018

Great investment or starter home. This 1,500 SF brick home includes 4 bedrooms, 2 bathrooms ,a fireplace and a detached garage. The property is close to several historic neighborhoods, including Sherwood Forest,Palmer Woods and the University District, which puts it near the University of Detroit Mercy and Marygrove College. Many shops, restaurants and markets are located on the Livernois corridor. Schedule an appointment today.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2025
Sold by
Cooley Terry C
Bought by
Backbeat Investments Llc
Current Estimated Value
$127,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$99,744
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$28,201

Purchase Details

Closed on
Feb 22, 2022
Sold by
16591 Llene Street Trust
Bought by
Cooley Terry C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2019
Sold by
Cooley Terry Chester
Bought by
16591 Ilene Street Trust

Purchase Details

Closed on
Dec 28, 2018
Sold by
Powerone Properties Llc
Bought by
Cooley Terry Chester

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 22, 2018
Closed on
Sep 18, 2018
Sold by
Delta Detroit Llc
Bought by
Powerone Properties Llc
Seller's Agent
Brian Parks
Vendcasa Realty LLC
Buyer's Agent
Tandrs Freeman
KW Metro
List Price
$45,000
Sold Price
$37,500
Premium/Discount to List
-$7,500
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.02%

Purchase Details

Closed on
Feb 20, 2018
Sold by
Genves Llc
Bought by
Delta Detroit Llc

Purchase Details

Closed on
Feb 22, 2011
Sold by
R D 7 Properties Llc
Bought by
Berkeley Development Company Llc

Purchase Details

Closed on
Sep 30, 2009
Sold by
Bazzi Hussein
Bought by
Rd7 Properties Llc

Purchase Details

Closed on
Jul 20, 2009
Sold by
Antar Fadel
Bought by
Bazzi Hussein

Purchase Details

Closed on
Apr 8, 2008
Sold by
Fannie Mae
Bought by
Antar Fadel

Purchase Details

Closed on
May 28, 2004
Sold by
Alpha Property Management
Bought by
Pugh Darius

Purchase Details

Closed on
Sep 5, 2003
Sold by
Us Bank National Assn
Bought by
Dlj Mortgage Capital Inc

Purchase Details

Closed on
Aug 7, 2003
Sold by
Lockridge Candace
Bought by
Us Bank Na and Csfb Heat 2002-1
Source: Public Records

Range of Values:

Collateral Analytics

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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
Backbeat Investments Llc $125,000 None Listed On Document
Cooley Terry C -- None Listed On Document
16591 Ilene Street Trust -- None Available
Cooley Terry Chester $82,500 None Available
Powerone Properties Llc $37,500 First American Title
Delta Detroit Llc -- Nations Title Agency
Berkeley Development Company Llc $42,500 Lamont Title Corporation
Rd7 Properties Llc $37,500 Excel Title Agency Llc
Bazzi Hussein -- None Available
Antar Fadel $10,000 None Available
Pugh Darius $115,000 Tri County Title Agency Inc
Dlj Mortgage Capital Inc -- First American Title Southea
Us Bank Na $80,229 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Backbeat Investments Llc $100,000
Previous Owner Cooley Terry C $90,000
Previous Owner Cooley Terry Chester $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/21/2018 09/21/18 Sold $37,500 -16.7% $24 / Sq Ft View Prior Sale
09/05/2018 09/05/18 Pending -- -- --
08/23/2018 08/23/18 For Sale $45,000 0.0% $28 / Sq Ft
08/07/2018 08/07/18 Pending -- -- --
07/22/2018 07/22/18 For Sale $45,000 -- $28 / Sq Ft

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 $2,512 $41,800 $0 $0
2024 $2,512 $35,700 $0 $0
2023 $2,442 $28,600 $0 $0
2022 $1,415 $23,100 $0 $0
2021 $1,376 $18,500 $0 $0
2020 $1,376 $15,900 $0 $0
2019 $1,355 $12,600 $0 $0
2018 $1,034 $11,200 $0 $0
2017 $192 $10,100 $0 $0
2016 $1,913 $28,200 $0 $0
2015 $2,090 $20,900 $0 $0
2013 $2,614 $26,141 $0 $0
2010 -- $38,327 $936 $37,391
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Brian Parks

    Vendcasa Realty LLC

    Section Image
  • Tandrs Freeman

    Buyer's Agent in 2018

    Tandrs Freeman

    KW Metro

    (248) 752-7626

    10 Total Sales

    Tandrs Freeman
    Section Image
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Map

Michigan Wayne County Detroit 48221 Fitzgerald

16591 Ilene St, Detroit, MI

This home is located at 16591 Ilene St, Detroit, MI 48221 and is currently estimated at $127,945, approximately $80 per square foot. 16591 Ilene St is a home located in Wayne County with nearby schools including Schulze Academy for Technology and Arts, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

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.

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