Sold
16291 Fairmount Drive, Detroit, MI 48205
Sold on 05/01/2026 for$112,000
MLS # 20261002715 (Realcomp)
3 beds1 bath977 sqftBuilt 19470.12 acres
1 / 12
Listing Description
QUALIFY FOR NO MONEY DOWN HOME BUYERS ASSISTANCE PROGRAM...!MOTIVATED SELLER BRING ALL REASONABLE OFFERS.........SELLER OFFERING UP TO $5000 CREDIT TOWARDS THE BUYER'S CLOSING COST!.... Welcome home to this stunning, fully renovated 3-bedroom gem that perfectly blends modern updates with timeless charm! Step inside to discover new flooring throughout, creating a fresh, open feel in every room. The brand-new kitchen is a showstopper—featuring Silestone quartz countertops, new cabinets, and modern finishes that make it perfect for cooking and entertaining. The updated bathroom features a sleek, contemporary design with high-quality fixtures and finishes that you’ll love. Enjoy peace of mind with newer windows that bring in plenty of natural light while enhancing energy efficiency. New roof 2025. With all the major updates already done, this home is truly move-in ready—ideal for first-time buyers or anyone seeking comfort, style, and convenience. Don’t miss your chance to own this beautifully renovated home—schedule your showing today! SOLD AS-IS! BATVAI! Measurements are estimated! This home is under surveillance! PLEASE NOTE THAT THE APPLIANCES ARE NOT INCLUDED IN THE LISTED SALE PRICE. HOWEVER, THEY MAY BE NEGOTIATED SEPARATELY OUTSIDE OF THE PURCHASE PRICE!
Source: SparkMLS
About this home
This 3-bedroom, 1-bath, 977 sq ft home built in 1947 sits in Burbank in Detroit.
This home sold for $112,000 (about $115/sq ft).
Annual property taxes run approximately $2,086 ($174/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company. Broadband is available with download speeds up to 2,000 Mbps from 8 providers.
Tour
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms1
Living Area977 sqft
Lot Size0.12 acres
Year Built1947
Stories2
Location
CityDetroit
Zip Code48205
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionShingle Siding
Garage1.5 spaces
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed1/13/2026
Sold Date4/30/2026
Original Price$112,000
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$1,267
Tax Year2025
State Equalized Value$32,500
Assessed Value$32,500
Parcel #21025480.
Source: Public Records
Legal Description
N FAIRMOUNT E 17.50 FT 191 W 22.50 FT 190 AND S 9 FT VAC ALLEY ADJ RIDGEMONT MANOR SUB L55 P96 PLATS, W C R 21/904 40 X 132
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Lisa Davis
REO Resources, Inc
Frequently Asked Questions about 16291 Fairmount Drive, Detroit, MI 48205
Which school district serves 16291 Fairmount Drive, Detroit, MI 48205?
Per MLS# 20261002715, 16291 Fairmount Drive, Detroit, MI 48205 is in the Detroit boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 20261002715, this listing accepts Cash, Conventional, FHA, VA Loan financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 16291 Fairmount Drive, Detroit, MI 48205?
Per public tax records, annual property taxes for this property are $3,275. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 16291 Fairmount Drive, Detroit, MI 48205 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 16291 Fairmount Drive, Detroit, MI 48205 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 16291 Fairmount Drive, Detroit, MI 48205. The maximum advertised download speed is 2.0 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 16291 Fairmount Drive, Detroit, MI 48205?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Tax Estimate
$
Annual tax$2,086
Monthly$174
Millage rate64.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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%
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Monthly payment$861
Principal & interest$688
Property taxes$174
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
2 Gbps
Upload
250 Mbps
CableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
8 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
16291 Fairmount Drive, Detroit, MI 48205
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Neighborhood
Burbank
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Community
Detroit
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County
Wayne County
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