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$119,900

Beds
3
Baths
1.0
sq ft
1,274

16615 Fairmount Dr, Detroit, MI 48205

16615 Fairmount Dr

Detroit, MI 48205

  • 3 days on market
This beautifully updated home at 16615 Fairmount Drive is a fantastic opportunity for anyone seeking a blend of charm and modern upgrades in Detroit's vibrant Regent Park neighborhood. This property features 3 spacious bedrooms, 1 full bathroom, and a detached 2-car garage, set on a lot offering a comfortable yard space. With a layout covering approximately 1,274 square feet, this home has been tastefully refreshed to meet today’s standards while retaining its classic appeal. The Regent Park area is known for its sense of community, with nearby green spaces and easy access to local amenities. Schools in the area, such as Denby High School, and proximity to major roads like 8 Mile Road make this location convenient for families and professionals alike. The home is ideally situated to provide both tranquility and accessibility, with a variety of dining, shopping, and recreational options just minutes away. This move-in-ready property is perfect for buyers looking for a quality home in a neighborhood with a strong sense of Detroit pride. Don’t miss the chance to make this charming, updated home your own in a location that continues to grow and offer more each year. Purchaser to pay 395 processing fee. As-is sale. Seller financing / Land contract terms available at purchase price, down payment, % interest, Term. /month. Seller financing / Land contract terms are negotiable.

Details

Property type

Single Family Residence

Est. home value

$69,743

Lot size

5,227 sq ft

Price per sq ft

$95

Year built

1946

Annual property taxes

$1,326

Price History

11/08/2024
Realcomp

Realcomp #20240084709

Listed
$119,900

Schools & Community

Neighborhood: 

Regent Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Detroit

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Michigan Homeowner Assistance Nonprofit

Loan start date

June 2011

Original loan amount

$3,829

Est. remaining balance

Not provided

Interest rate

4.63%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Robert Schoenherr

Lender

Michigan Homeowner Assistance Nonprofit

Loan start date

June 2011

Original loan amount

$3,829

Est. remaining balance

Not provided

Interest rate

4.63%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Robert Schoenherr

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/12/2024 at 3:30 PM

Listing updated: 11/09/2024 at 6:05 AM

Listed by: Derek C Lievens, Market Elite Inc Phone #: (586) 226-3200

MLS: Realcomp #20240084709

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