2827 16th Street
Detroit, MI, 48216 $ 257,000
Bedrooms3 Baths2.1 Sq 1,534 Monthly Estimate*
$ 1,603
for $257,000 with 3 bedrooms and 2 full baths, 1 half bath. This 1,534 square foot home was built in 2024 on a lot size of 0.07.
This home is part of a Community Land Trust (CLT) program, offering permanently affordable homeownership by holding the land in trust. Buyers must qualify at less than 80% AMI ($56,600 for an individual, $64,650 for two people). Monthly CLT dues are $50. All buyers receive support through MiSide for pre-qualification and consultation, and five briefed lenders are available for financing, though any lender can be used. Suggested pricing includes delivery, setup, and finishing. Step into modern comfort at 2827 16th Street, Detroit – a brand new, thoughtfully designed 1534 sq ft home with 3 bedrooms and 2.5 baths. Built using innovative modular construction methods for high quality and efficiency, this home is nestled in the heart of Detroit's North Corktown neighborhood. You'll enjoy views of the iconic Michigan Central Station and the convenience of being within walking distance of Corktown's many amenities. The home's exterior features durable siding and high-quality black windows, complemented by generous eaves and a striking roof design. Inside, a welcoming atmosphere prevails with well-finished walls, stylish black accent hardware, and classic Craftsman-style doors throughout. The kitchen is a highlight, boasting ample cabinetry, premium countertops, a custom bar top, and new stainless steel appliances, including a dishwasher and side-by-side refrigerator. Durable vinyl plank flooring and modern LED lighting create a bright and inviting space. Bathrooms are elegantly appointed with cultured marble countertops, a spacious tub/shower, and a large tiled shower with a convenient niche. Thoughtful details like an oak stair bannister and newel add to the appeal. This energy-efficient home is designed for comfort and includes a 10-year warranty.
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FeaturesGeneralSewer SewerAtStreet
Heating ForcedAir NaturalGas
Cooling CentralAir
Possession AtClose
Appliances Dishwasher Dryer FreeStandingElectricOven FreeStandingRefrigerator Microwave StainlessSteelAppliances Washer
HOA Fee 50.0
Garage Spaces 1.0
Association Fee Includes MaintenanceGrounds
Patio/Porch Features Covered Porch
Architectural Style Contemporary
Pool Features None
Construction Materials Other
Year Built 2024
Levels Two
Property Subtype SingleFamilyResidence
Assoc Fee Paid Per Monthly
County Wayne
New Construction N
Property Type Residential
HOA Y
Attached Garage N
Subdivision Name SUB OF PC 44 ALSO PG 3 DEEDS
Garage Y/N Y
Total Rooms 6
Full Baths 2
Status Active
Directions Take the Rosa Parks Blvd exit on 75-South turn R onto 16th St
City DetroitCity_Wayne
Disclosures TaxesNotHomesteadExempt
Entry Location GroundLevel
Senior Community Y/N N
High School District Detroit
MLS Area Area05101DetSouthOfGrandRiver
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 0.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Vacant
Tax Assessed Value 0
Expected Active Date 2025-10-22
Legal Description W 16TH N 30 FT 104 SUB OF P C 44 L68 P2-3 DEEDS W C R 10/31 30 X 106.85
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ExteriorParking Features OneCarGarage Detached
Water Source WateratStreet
Foundation Details CrawlSpace
Spa N
Lot Dimensions 30X106.85
Lot Size Acres 0.07
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorBasement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1534.0
Half Baths 1
Total Bedrooms 3
Above Grade Finished Area Unit Type SquareFeet
Total Baths 3
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $1,603
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% 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.
Learn more about how to save NearbySingle family listings in Detroit, MI
Average List Price $133,523
Percent of Sale Price 48%
About Detroit, MI 633,657 Population
-33% Since 2002
$ 26,977 Median Income
36.23 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/22/2025 | $257,000 | | Listed Price |