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16211 Princeton St, Detroit, MI, 48221

5beds
3baths
1,920sqft
$120,000
$63price/sqft
$1,133/moest. monthly cost
$45,320/yrincome needed

About This Home

This Colonial style single family home offers 5 bedrooms and 2.5 bathrooms with approximately 1920 square feet of living space on a 0.09 acre lot. There are no inspection or financing contingencies on this cash only purchase. The foreclosure deed has been recorded, allowing for shorter closing timelines. No Buyer Premium on this property. The seller has closing representation in this transaction. The buyer has the right to select their own title/closing company, or may use the sellers title company. The buyer is responsible for all closing costs in this transaction. In the event the buyer chooses their own title/closing company, the buyer will be responsible for additional costs for coordinating the closing that are completed by the sellers title company.

Getting Around

31
WalkingCar-Dependent
51
TransitGood Transit
40
BikeSomewhat Bikeable

Schools

4/10
Mumford High SchoolGrades 9-121.8 mi

Construction

Condition

  • Year built: 1926

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Interior Area

  • Total structure area: 1,920
  • Total interior livable area: 1,920 sqft

Property

Details

  • Parcel number: 12011106
  • Special condition: Auction

Features

  • Stories: 2

Lot

  • Lot size: 3,920 sqft

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
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Strong Wind
Tornado
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 $606$7,272
Home Insurance *$171$2,052
Property Taxes $147$1,764
Electricity $209$2,513
Total$1,133$13,596
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$38,845/yr
40% on housing$33,990/yr
45% on housing$30,213/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

$63This listing

vs Other Active Listings

Avg $/sqft

ZIP 48221$93
Wayne County$99

vs Homes Sold Last Month

Median $/sqft

ZIP 48221$102
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
2025-12-02Sold$198,450
2022-10-21Sold$169,000
2022-09-12Pending sale$169,000
2022-07-14Listed for sale$169,000
2019-11-15Listing removed$1,000
2019-10-19Listed for sale$1,000
2019-08-27Listing removed$1,000
2019-07-11Listed for sale$1,000
2010-10-03Listing removed$6,500
2009-11-27Price change$6,500
2009-11-25Price change$8,500
2009-09-12Listed for sale$5,000
2008-01-09Sold$21,000
2007-05-21Sold$68,000

Unknown Listed By

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