$118,450
SOLD MAY 20, 2024
3 Beds
1 Bath
1,174 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$101 Per Sq Ft

18% Below List Price

269 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating System
  • Cass Technical High School Rated 10

About This Home

As of May 2024

Step into your dream home in Detroit! This brick colonial harmoniously combines charm with modern comfort. With 3 generously sized bedrooms, a well-appointed bathroom, and an unfinished basement, this residence offers abundant space to cater to all your needs. Seize this incredible opportunity to own a slice of Detroit's finest living. Embrace the allure of this charming bungalow today and immerse yourself in the true essence of comfortable and stylish living! 16574 Oakfield presents an ideal opportunity for first-time homebuyers or investors looking for an income-generating property.

Last Agent to Sell the Property

Nicholas Zeoli

Real Broker LLC License #6501399249

Real Broker LLC

Co-Listed By

Christi Rice

EXP Realty Main License #6506046884

Last Buyer's Agent

Chris Moore

EXP Realty Main License #RCO-6501449610

EXP Realty Main

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1940 | Remodeled in 2023

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40.00 x 127.00

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,174 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • B E Taylors Rainbow Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I069222S
  • $3,450 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,329

Year Built

Built in 1940 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 240.00
  • Year Built: 1940
  • State Equalized Value: 27700.0000
  • Year Renovated: 2023
  • Entry Location: Ground Level w/Steps
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1174
  • Total Sq Ft: 1174
  • Sq Ft Total Bsmt: 454

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 40.00 x 127.00
  • Parcel Number: W22I069222S

Tax Info

  • Tax Amount Summer: 1183.0000
  • Tax Amount Winter: 146.0000
  • Total Tax: 1329.0000
  • Taxable Value: 15518.0000

MLS Schools

  • School District: Detroit

Map

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
05/20/2024 05/20/24 Sold $118,450 +3.0% $101 / Sq Ft
04/21/2024 04/21/24 Pending -- -- --
03/22/2024 03/22/24 Price Changed $115,000 -6.1% $98 / Sq Ft
02/02/2024 02/02/24 Price Changed $122,500 -9.3% $104 / Sq Ft
01/22/2024 01/22/24 Price Changed $135,000 -6.9% $115 / Sq Ft
12/02/2023 12/02/23 Price Changed $145,000 0.0% $124 / Sq Ft
12/02/2023 12/02/23 For Sale $145,000 +22.4% $124 / Sq Ft
10/11/2023 10/11/23 Off Market $118,450 -- --
08/07/2023 08/07/23 Price Changed $155,000 -6.1% $132 / Sq Ft
07/27/2023 07/27/23 For Sale $165,000 +633.3% $141 / Sq Ft
12/07/2016 12/07/16 Sold $22,500 -35.7% $19 / Sq Ft
11/17/2016 11/17/16 Pending -- -- --
11/04/2016 11/04/16 For Sale $35,000 0.0% $29 / Sq Ft
10/25/2016 10/25/16 Pending -- -- --
09/06/2016 09/06/16 For Sale $35,000 -- $29 / Sq Ft
Source: Realcomp

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
2024 $1,539 $42,500 $0 $0
2023 $1,494 $34,600 $0 $0
2022 $1,596 $27,700 $0 $0
2021 $1,551 $21,900 $0 $0
2020 $1,551 $19,000 $0 $0
2019 $1,527 $15,500 $0 $0
2018 $1,333 $14,200 $0 $0
2017 $252 $13,300 $0 $0
2016 $1,014 $10,200 $0 $0
2015 $1,020 $10,200 $0 $0
2013 $1,514 $25,721 $0 $0
2010 -- $36,853 $1,002 $35,851
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $114,896 New Conventional
Previous Owner $115,090 FHA
Closed $0 Unknown
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $118,450 None Listed On Document
Quit Claim Deed -- None Available
Warranty Deed $69,000 None Available
Warranty Deed $22,500 Title Connect Llc
Warranty Deed $37,500 Abstract Title Agency
Warranty Deed $31,000 Abstract Title Agency
Warranty Deed $6,500 Abstract Title Agency
Quit Claim Deed -- Abstract Title Agency
Warranty Deed $45,000 Bell Title
Quit Claim Deed -- None Available
Warranty Deed $15,100 Title One Inc
Warranty Deed $116,000 Commonwealth Land Title
Deed $94,698 --
Deed $50,781 --
Deed $52,000 --
Source: Public Records

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Source: Realcomp

MLS Number: 20230061699

Realcomp

APN: 22-069222