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2832 16th St, Detroit, MI, 48216

2beds
1baths
780sqft
$230,500
$296price/sqft
$1,900/moest. monthly cost
$76,000/yrincome needed

About This Home

This home is part of a Community Land Trust (CLT) program, offering permanently affordable homeownership by holding the land in trust. Buyers must qualify at less than 80% AMI ($56,600 for an individual, $64,650 for two people). Monthly CLT dues are $50. All buyers receive support through MiSide for pre-qualification and consultation, and five briefed lenders are available for financing, though any lender can be used. Suggested pricing includes delivery, setup, and finishing. Experience modern comfort at 2832 16th Street, Detroit – a brand new, thoughtfully designed 780 sq ft home with 2 bedrooms and 1 bath. This home is built using innovative modular construction methods, ensuring high quality and efficiency. Situated in the heart of Detroit's North Corktown neighborhood, it offers views of the iconic Michigan Central Station and is within walking distance of Corktown's many amenities. The exterior features a patio door and high-quality black windows, complemented by generous eaves and a distinctive roof pitch with raised seam metal roofing. Inside, a welcoming atmosphere awaits with tall walls and finished drywall. The home boasts Craftsman-style doors. The kitchen is equipped with natural maple cabinets featuring soft-close doors and drawers, an elegant countertop, a stainless steel sink, and a matte black faucet. It comes complete with new stainless steel appliances, including a dishwasher and side-by-side refrigerator. Durable luxury vinyl tile flooring and flush mount LED lighting are found throughout. The bathroom is elegantly appointed with a fiberglass tub/shower combo, chrome vanity faucets, and laminate countertops. A bath fan/light and a front door chime are included. This energy-efficient home is designed for comfort and includes a 10-year warranty.

Getting Around

56
WalkingSomewhat Walkable
51
TransitGood Transit
84
BikeVery Bikeable

Schools

4/10
4/10
Northwestern High SchoolGrades 9-122.0 mi

Construction

Condition

  • Year built: 2024

Materials

  • Foundation: Crawl Space
  • Roof: Metal
  • Construction materials: Other

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Free Standing Electric Oven,Free Standing Refrigerator,Stainless Steel Appliances

Bedroom

  • Level: Entry
  • Area: 100
  • Dimensions: 10 X 10

Bedroom

  • Level: Entry
  • Area: 90
  • Dimensions: 10 X 9

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Finished area above ground: 780

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 780 sqft

Kitchen

  • Level: Entry
  • Area: 81
  • Dimensions: 9 X 9

Living Room

  • Level: Entry
  • Area: 180
  • Dimensions: 10 X 18

Other

  • Level: Entry

Property

Details

  • Parcel number: 10005993
  • Special condition: Short Sale No,Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: GroundLevel
  • Pool features: None
  • Patio & porch: Covered,Porch

Lot

  • Lot size: 3,049 sqft
  • Lot size dimensions: 28 x 106.85

Parking

  • Total spaces: 1
  • Parking features: One Car Garage,Detached
  • Has garage: Yes
  • Attached garage spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tsunami

FEMA Declared Disasters in Wayne County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,165$13,980
Home Insurance *$265$3,180
Property Taxes $282$3,384
Electricity $188$2,259
Total$1,900$22,800
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$65,142/yr
40% on housing$57,000/yr
45% on housing$50,666/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$296This listing

vs Other Active Listings

Avg $/sqft

ZIP 48216$183
Wayne County$99

vs Homes Sold Last Month

Median $/sqft

ZIP 48216$104
Wayne County$129

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-03Listed for sale$230,500
2026-04-09Listing removed$230,500
2025-10-22Listed for sale$230,500
2025-08-19Listing removed$230,500
2025-06-11Listed for sale$230,500

For Sale by Agent

AgentJay Taylor
BrokerageGood Company

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