$52,500

16039 Fairmount Dr Detroit, MI 48205

$623
Closing credit¹
3 beds
1 full
957 sqft
0.10 acres
$55 / sqft
House

Property details

About 16039 Fairmount Dr

COZY BUNGALOW HOME LOCATED NORTH OF E. STATE FAIR AND WEST OF KELLY. THIS HOME FEATURES A LIVING ROOM , EAT IN KITCHEN, THREE BEDROOMS, ONE BATHROOM, AND AN UNFINISHED BASEMENT. THIS WOULD BE A GREAT ADDITION TO YOUR INVESTMENT PORTFOLIO! PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY A 295 PROCESSING FEE AT CLOSING.

Highlights

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
Size957 sqft
BasementYes
Lot size0.1 Acres
Year built1951
ParkingNo Garage
MLS #20250002756

Summary

  • MLS Number: 20250002756
  • MLS Name: Realcomp II Ltd
  • Office Name: Detroit Investment Company
  • Office Phone: (734) 838-9197
  • Listing Agent: Greg Majewski

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/9/2025, 11:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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bungalow with a front lawn

$52,500

16039 Fairmount Dr

$623

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 16, 2021
Home Sold
$48,000
Aug 20, 2020
Home Sold
$23,500

Tax history

YearAssessmentProperty Tax
2024$21,000$997
2023$17,300$997
2022$14,900$539
2021$11,900$539
2020$10,300$866
2018$7,500$866
2017$7,100$862

History based on county public records data.

Nearby schools

1

Fisher Magnet Lower Academy

Public Magnet PK-5

0.4 mi

15510 E State Fair St

1

Chandler Park Academy Elementary School

Public Charter PK-5

0.6 mi

20200 Kelly Rd

2

Pleasantview Elementary School

Public District 3-5

0.9 mi

16501 Toepfer Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $36,570. The majority of Detroit, MI residents have income less than $<35k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

48%
<35k
46%
35k-100k
6%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

41%
Single, No Kids
39%
Single, with Kids
9%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
16%
12-17 yrs old
26%
18-34 yrs old
33%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • BurlingtonBurlington
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • White CastleWhite Castle
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • DodgeDodge
  • KiaKia
  • NissanNissan

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 16039 Fairmount Dr

This home is located at 16039 Fairmount Dr in Detroit, MI and zip code 48205 in the Regent Park neighborhood. This 957 square foot home, which was built in 1951, sits on a 0.10 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 13, 2025 and is currently priced at $52,500.

In February 2025, from all listings sold in Detroit, MI there were more than 68 sold above asking price, over 203 sold below and more than 60 were sold right at the asked price. The number of homes for sale in Detroit, MI increased by 7% between January and February 2025. The median list price of listings available in February 2025 was $88,760, while the average time on the real estate market was 59 days.

From Rocket Homes Real Estate and based on county public records data.

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