Sold
16503 Ilene Street, Detroit, MI 48221
Sold on 06/04/2026 for$115,000
MLS # 20261030605 (Realcomp)
2 beds1 bath1,048 sqftBuilt 19380.1 acres
1 / 27
Listing Description
Welcome home!!! This beautiful and unique brick colonial, located on a corner lot, is move-in ready and ideal for first-time homebuyers or investors looking to expand their portfolio. Conveniently situated in the Fitzgerald/Marygrove neighborhood, the property offers easy access to Puritan Ave and Wyoming Ave, and is just minutes from the John C. Lodge Freeway. The entire home has been updated, featuring fresh paint, new carpet, and new flooring in the dining room and kitchen. The bathroom has been fully renovated with new ceramic tile walls, modern wallpaper, a matching mirror, a new toilet, and a new vanity. The home also includes new light fixtures throughout. The basement features freshly painted walls and durable epoxy flooring. Outside, you’ll find a spacious backyard that can be fenced for added privacy, along with a 2-car garage. Schedule your showing today! All measurements are estimated. Property is under surveillance. Land contract terms available: $115,000 purchase price, 10% interest, 60-month term.
Source: SparkMLS
About this home
This 2-bedroom, 1-bath, 1,048 sq ft home built in 1938 sits in Harmony Village in Detroit.
This home sold for $115,000 (about $110/sq ft).
Property tax estimate: $2,272 per year ($189/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.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms2
Bathrooms1
Living Area1,048 sqft
Lot Size0.1 acres
Year Built1938
Stories2
Location
CityDetroit
Zip Code48221
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed4/30/2026
Sold Date6/3/2026
Terms AcceptedCash, Conventional, FHA, Land Contract, Rural Development
Source: SparkMLS
Tax Information
Annual Tax$2,509
Tax Year2025
State Equalized Value$35,400
Assessed Value$35,400
Parcel #16040693.
Source: Public Records
Legal Description
W ILENE 92 COLLEGE MANOR SUB L45 P10 PLATS, W C R 16/398 40 X 108
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Andreina Mendoza-Herrera
RE/MAX Leading Edge
Frequently Asked Questions about 16503 Ilene Street, Detroit, MI 48221
Which school district serves 16503 Ilene Street, Detroit, MI 48221?
Per MLS# 20261030605, 16503 Ilene Street, Detroit, MI 48221 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.
What type of financing is accepted for this listing?
Per MLS# 20261030605, this listing accepts Cash, Conventional, FHA, Land Contract, Rural Development 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 16503 Ilene Street, Detroit, MI 48221?
Per public tax records, annual property taxes for this property are $2,165. 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, 16503 Ilene Street, Detroit, MI 48221 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 16503 Ilene Street, Detroit, MI 48221 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 utilities serve 16503 Ilene Street, Detroit, MI 48221?
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$2,272
Monthly$189
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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Monthly payment$870
Principal & interest$681
Property taxes$189
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
16503 Ilene Street, Detroit, MI 48221
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Neighborhood
Harmony Village
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Community
Detroit
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County
Wayne County
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