This charming corner-unit ranch condo in the desirable Gatewoods Condo Subdivision offers the perfect blend of modern updates, low-maintenance living, and unbeatable value—making it a great opportunity for investors or buyers seeking affordability and peace of mind.
Step inside to a spacious living room with brand-new carpet and a large window that fills the space with natural light. The kitchen has been tastefully updated with new cabinetry, countertops, and flooring, and includes 2-year-old Samsung stainless steel appliances—ideal for easy everyday living.
Additional updates include a newer furnace (just 5 years old), a stylishly renovated full bathroom with sleek flooring and a contemporary vanity, and a bedroom with a modern barn door leading to a walk-in closet with an in-unit stacked washer and dryer.
With low monthly HOA fees and nearly every major item already replaced, this condo offers worry-free living for years to come.
Conveniently located near shopping, dining, and parks, this move-in-ready home is a fantastic opportunity in a prime location!
**Occupancy preferred through the end of July.**
Sold for $113,000
$113,000
16046 Holz Dr Unit 48, Southgate, MI 48195
1beds
675sqft
Condominium
Built in 1995
-- sqft lot
$116,700 Zestimate®
$167/sqft
$1,210 Estimated rent
Home value
$116,700
$105,000 - $130,000
$1,210/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Christina Gennari 248-550-4788,
KW Domain
Bought with:
Michael Olivero, 6501445087
EXP Realty
Source: Realcomp II,MLS#: 20250034906
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: Entry
- Area: 210
- Dimensions: 15 x 14
Other
- Level: Entry
- Area: 48
- Dimensions: 8 x 6
Kitchen
- Level: Entry
- Area: 100
- Dimensions: 10 x 10
Laundry
- Level: Entry
- Area: 56
- Dimensions: 8 x 7
Living room
- Level: Entry
- Area: 256
- Dimensions: 16 x 16
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Free Standing Electric Range, Free Standing Refrigerator, Microwave, Stainless Steel Appliances, Washer Dryer Stacked
- Laundry: In Unit
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 675 sqft
- Finished area above ground: 675
Property
Parking
- Parking features: No Garage
Features
- Levels: One
- Stories: 1
- Entry location: GroundLevel
Details
- Parcel number: 53022050048000
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: Condo
- Architectural style: End Unit,Ranch
- Property subtype: Condominium
Materials
- Brick
- Foundation: Slab
Condition
- New construction: No
- Year built: 1995
- Major remodel year: 2024
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: GATEWOODS
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Maintenance Structure, Sewer, Snow Removal, Trash, Water
- HOA fee: $171 monthly
- HOA phone: 248-888-5050
Location
- Region: Southgate
Financial & listing details
- Price per square foot: $167/sqft
- Tax assessed value: $37,700
- Annual tax amount: $2,865
- Date on market: 5/16/2025
- Cumulative days on market: 39 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Exclusions: Exclusion(s) Do Not Exist
Price history
| Date | Event | Price |
|---|---|---|
| 7/18/2025 | Sold | $113,000-1.3%$167/sqft |
Source:  Realcomp II #20250034906 Report a problem | ||
| 7/18/2025 | Pending sale | $114,500$170/sqft |
Source: Realcomp II #20250034906 Report a problem | ||
| 6/4/2025 | Price change | $114,500-0.4%$170/sqft |
Source: Realcomp II #20250034906 Report a problem | ||
| 5/16/2025 | Listed for sale | $115,000+43.8%$170/sqft |
Source: Realcomp II #20250034906 Report a problem | ||
| 3/17/2023 | Sold | $80,000-5.8%$119/sqft |
Source: Realcomp II #20230010189 Report a problem | ||
| 3/10/2023 | Pending sale | $84,900$126/sqft |
Source: Realcomp II #20230010189 Report a problem | ||
| 2/10/2023 | Listed for sale | $84,900+13.2%$126/sqft |
Source: Realcomp II #20230010189 Report a problem | ||
| 12/15/2022 | Sold | $75,000-6.3%$111/sqft |
Source: Public Record Report a problem | ||
| 10/24/2022 | Pending sale | $80,000$119/sqft |
Source: Realcomp II #20221043478 Report a problem | ||
| 9/20/2022 | Listed for sale | $80,000$119/sqft |
Source: Realcomp II #20221043478 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $37,700 +9% |
| 2024 | -- | $34,600 +24.5% |
| 2023 | -- | $27,800 +10.8% |
| 2022 | -- | $25,100 +12.1% |
| 2021 | -- | $22,400 |
| 2020 | $1,585 -0.8% | $22,400 +8.2% |
| 2019 | $1,598 | $20,700 |
| 2018 | $1,598 | $20,700 -0.5% |
| 2017 | -- | $20,800 -18.4% |
| 2016 | $1,294 | $25,500 +2.4% |
| 2015 | $1,294 -38.4% | $24,900 +16.4% |
| 2013 | $2,100 +62.2% | $21,400 +2.9% |
| 2012 | $1,294 | $20,800 -25.2% |
| 2010 | -- | $27,800 +1.5% |
| 2009 | -- | $27,400 -14.9% |
| 2008 | -- | $32,200 -5.6% |
| 2007 | -- | $34,100 +3.6% |
| 2005 | $1,259 | $32,900 +3.1% |
| 2003 | -- | $31,900 +35.9% |
| 2001 | -- | $23,465 +3.2% |
| 2000 | $930 | $22,738 |
Find assessor info on the county website
Neighborhood: 48195
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Nearby schools
GreatSchools rating
- 7/10Allen Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 5/10Davidson Middle SchoolGrades: 6-8Distance: 1.3 mi
- 7/10Southgate Anderson High SchoolGrades: 9-12Distance: 0.4 mi
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Estimated market value
$116,700
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$116,700
- Michigan
- Wayne County
- Southgate
- 48195
- 16046 Holz Dr Unit 48
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