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16620 Stout Street

16620 Stout Street, Detroit, MI 48219
Property in Rosedale Park
Sold Apr 07, 2021
$117,700
$113,113 by Cmg Mortgage Inc
Mortgage Due Apr 01, 2051
Local assessors in Detroit, MI have categorized 16620 Stout Street as a residential type of property. The home was built in 1926 and is 98 years old. The property's lot size has been calculated to be 5,227 square feet. The linear feet between the front and back of the lot was measured at 1,260 ft and the front of the lot was measured at 400 ft. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 16620 Stout Street has a total of 1,464 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 440 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a covered porch so you'll have a great option in the front of the home. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof. Lots of wood siding were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 16620 Stout Street sold most recently in Mar 31, 2021 for a total of $117,700. If you work out the math, that's approximately a cost of $80.40 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,872 in taxes each year. 16620 Stout Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $35,100. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Quality: C
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 672
  • Garage Type: Garage
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 5,227
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,464
  • Building Area: 1,464
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,464
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRAND RIVER SUBURBAN
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: E STOUT 469 & W 8 FT OF VAC ALLEY ADJ GRAND RIVER SUBURBAN SUB NO 1 L36 P1 PLATS, W C R 22/458 40 X 125.58

Ownership

  • Current Owner : HALL LATOYA
  • Previous Owner : POWER WILLIAM P
  • Previous Owner 2: POWER DOREEN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Detroit City School District
  • School Tax School District: DETROIT
  • Census Tract: 543200

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: LB 131 PG 131
  • District: 01
  • Parcel: 22101336.
  • Block: 112
  • Municipality: DETROIT CITY
  • Latitude: 42.4113
  • Longitude: -83.2417

    Address

  • Full Address: 16620 Stout St
  • Address - House Number: 16620
  • Address - Street Name: Stout
  • Address - Suffix Type: St
  • State: MI
  • City Name: Detroit
  • Carrier Code: C013
  • 4-Digit Zip Code: 3358
  • Zip Code: 48219

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,872
  • Tax Rate Code Area: 82010

    Appraisal Valuation

  • Standard Deviation: 0.4565
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 8
  • Final Value: 58,975
  • High Value: 85,899
  • Low Value: 32,050

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $113,113
  • First Open Lien Mortgage Lender: CMG MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Apr 07, 2021
  • First Open Lien Mortgage Loan Amount: $113,113
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $70,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 31, 2021
  • Current Sale Recording Date: Apr 07, 2021
  • Current Sale Transaction ID: 11832036290
  • Current Sale Price: $117,700
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021178429

    Last Sale Mortgage

  • First Mortgage Lender: CMG MORTGAGE INC
  • First Mortgage Transaction Date: Apr 07, 2021
  • First Mortgage Loan Amount: $113,113
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2051

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Frequently Asked Questions

What neighborhood is 16620 Stout Street located in?
The 16620 Stout Street is a located in the neighborhood of Rosedale Park in North West Detroit, Detroit.
What is the average sales price for listings in 16620 Stout Street?
The average sales price for units in 16620 Stout Street is $0 currently.

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