16008 FAIRMOUNT Drive Detroit, MI ^$ 12,500

16008 FAIRMOUNT Drive

^$ 12,500

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16008 FAIRMOUNT Drive

Detroit, MI, 48205

^$ 12,500

Bedrooms3 Baths1.0 Sq 972

Monthly Estimate*

^$ 87

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Single Family Home for sale in Detroit, MI

for $12,500 with 3 bedrooms and 1 full bath. This 972 square foot home was built in 1942 on a lot size of 0.1.

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 outÃ¢â¬âcontact us today to learn more about this promising investment prospect!

Single Family Pending

Price

^$ 12,500

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 1,803

Style

Bungalow

Lot Size

0.1

Year Built

1942

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60300768

Features

General

Heating Forced Air

Possession At Close

Garage Detached Garage

Exterior Features Porch

Water Public Water

Status Pending Pending

Full Baths 1

Half Baths 0

Bathrooms 1

Year Built 1942

Subdivision PATERSON BROS & COS RIDGEMONT GARDENS SUB (PLATS) MI

Style Bungalow

County Wayne

Class RESIDENTIAL

Type Single Family

Percent Ownership Private

Municipality Detroit

Structure Style 1 1/2 Story

Area Detroit (82001)

Primary City Detroit

Directions North of E State Fair and East of Kelly

City Detroit

School District Detroit City School District

Street Name FAIRMOUNT

Financial Terms Cash

Legal Description S FAIRMOUNT W 30 FT 208 E 7 FT 209 PATERSON BROS & COS RIDGEMONT GARDENS SUB L60 P3 PLATS WCR 21/943 37 X 123

DOM 9

Postal Code 48205

Price Per Sq Ft 12.86

Coming Soon we have multiple offers received. Highest and best due Monday

Interior

Basement Unfinished

Beds 3

Fireplace? No

Total Rooms 4

Exterior

Exterior Vinyl Siding

Frontage 37

Lot Size Area 0.1

Pool (Y/N) No

Lot Dimensions 37.00 x 123.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Erika Baker

Listing Agent

Keller Williams Realty-Great Lakes

Broker

Erikabakerkw@gmail.com

Affordability Calculator

$238

Per Month

Monthly Principal & Interest: $87
Monthly Property Taxes: $150
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Single family listings in Detroit, MI

Average List Price ^$112,942

Percent of Sale Price 804%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/16/2024	$12,500		Listed Price

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16008 FAIRMOUNT Drive, Detroit, MI, 48205 is a Single Family Home for sale at $12,500 with 972 sqft and a lot size of 0.1. 16008 FAIRMOUNT Drive has 3 bedrooms, 1.0 baths, and was built in 1942. The property's zip code is 48205 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

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16008 FAIRMOUNT Drive

Single Family Home for sale in Detroit, MI

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