13 days on rocket

16540 Baylis St, Detroit, MI, 48221

$280,000

Home List Price

$3,325*

Closing Credit

2 Full Baths, 3 Partial
2,920 SqFt
$96/SqFt
Multi
Schools Nearby

Location

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16540 Baylis St, Detroit$280,000

Buyer Closing Credits

$3,325*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1926
HeatingNatural Gas, Hot Water
BasementYes
MLS #20240033975
Lot Size0.11 Acres
StatusActive

About 16540 Baylis St

Welcome to 16540 Baylis! Located on a quaint , tree lined street in Martin Park, a few blocks from U of D, The Avenue of Fashion and many conveniences. This completed renovated and restored multi family makes for the perfect investment. Owner spared no detail when restoring this gorgeous duplex. Both units offer 3 bedroom and 1.5 baths each. Kitchens have been completely remodeled with an additional eat in area. Full dining room and living room boast original woodwork, fireplace and hardwood floors. Each bedroom is a cozy retreat, enhanced by the warmth of original features and the comfort of new amenities. The bathrooms have been elegantly remodeled to include modern vanities and high-quality finishes. Both units include access to a shared outdoor space, perfect for relaxing or entertaining, and unit each comes with dedicated laundry in basement and a shared basement area for storage. Two car detached garage allows for additional parking. New boilers 2023. Home is compliant with the cities rental requirements. Great home, just turn the key and start your investing journey.

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 1926
  • Stories: 2
  • Living Area: 2,920 SqFt

Listing Office:

  • Office Name: @properties Christie's Int'l R.E. Birmingham
  • Office Phone: (248) 850-8632
  • Listing Agent: Kaitlyn Pangrazzi

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 3
  • Full Bathrooms: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Lighting, Fenced

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water

Other

Directions Information:

  • Directions: South Of Michnichols East Of Livernois

Price Information

Listing Price Info

Price Summary:

  • List Price: $280,000
  • Price Per SqFt: $96/SqFt

Tax Information:

  • Annual Amount: $781
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

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Detroit, MI

City

Med. Sold Price

$82.6K

Med. Price/SqFt

$71

Avg. Days On Market

49

# of Sold Homes

433

16540 Baylis St vs Detroit

13 DAYS ON ROCKET

-36 Days

$280,000

+$197.3K More

$96/SqFt

+$24 More

KEY TAKEAWAY

This property is $197.3K more than the Median Sold Price and $24/SqFt more than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240033975

Listing Office:

  • Office Name: @properties Christie's Int'l R.E. Birmingham
  • Office Phone: (248) 850-8632
  • Listing Agent: Kaitlyn Pangrazzi

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 © 2024 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: 6/3/2024, 2:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 16, 2021Home Sold
$50,000

Tax History

YEARPROP. TAXASSESSMENT
2021$781$36,300
2020$1,422$31,100
2018$1,373$19,400
2017$1,367$19,500

History based on county public records data.

Payment Calculator

$1,465

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$906

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-7804125
2
/10

  • Henry Ford Academy:School For Creative Studies-Ele

  • 10225 3rd St

  • 2.44 miles

  • Public Charter Grades KG-5

school-card-donut-7804126
2
/10

  • Dickinson West Elementary School

  • 2333 Burger St

  • 3.10 miles

  • Public District Grades KG-6

school-card-donut-7804127
2
/10

  • United Oaks Elementary School

  • 1001 E Harry Ave

  • 3.34 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,065. The majority of Detroit, MI residents have income less than $35k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48221›16540 Baylis St

This home is located at 16540 Baylis St in Detroit, MI and zip code 48221 in the McNichols neighborhood. This 2,920 square foot home, which was built in 1926, sits on a 0.11 acre lot. Features: 5 bathrooms. It has been listed on Rocket Homes since May 20, 2024 and is currently priced at $280,000.

While more than 116 listings in Detroit, MI in May 2024 were sold above asking price, there were more than 71 listings sold at asking price, and more than 246 were sold below. The inventory of homes for sale in Detroit, MI between April 2024 and May 2024 increased by 9.9%. The median list price of listings available in May 2024 was $82,639, while the average time on the real estate market was 49 days.

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

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