The property currently generates $1,275/month in rental income, offering an investor the opportunity to purchase a tenant-occupied property with an established rental arrangement. Optionable lot Available - The adjacent lot at 16508 Lilac ST is also available for purchase for $6,500-The buyer has the option to purchase the lot separately or in addition tp 16502 Lilac St, providing an opportunity to acquire additional land next to the investment property.
Active
Price cut: $10K (9/5)
$129,000
16502 Lilac St, Detroit, MI 48221
3beds
3,049sqft
Single Family Residence
Built in 1928
3,049 Square Feet Lot
$-- Zestimate®
$42/sqft
$-- HOA
What's special
- 59 days
- 105
- 0
Zillow last checked:
Listing updated:
Listed by:
Priscilla Wade 313-753-6477,
Worth Clark Realty 800-991-6092
Source: MichRIC,MLS#: 26040806
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Living room
- Level: Lower
- Area: 3000
- Dimensions: 100.00 x 30.00
Heating
- Forced Air, Hot Water
Cooling
- Window Unit(s)
Appliances
- Laundry: In Basement
Features
- Flooring: Wood
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,144
- Total interior livable area: 3,049 sqft
- Finished area below ground: 572
Property
Features
- Stories: 2
Lot
- Size: 3,049 Square Feet
- Dimensions: 311
Details
- Parcel number: 16026188.
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick, Vinyl Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1928
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: The Garden Add
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $42/sqft
- Tax assessed value: $16,790
- Annual tax amount: $3,284
- Date on market: 9/23/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
$1,248/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/5/2026 | Price change | $129,000-7.2%$42/sqft |
Source:  MichRIC #26040806 Report a problem | ||
| 8/6/2026 | Listed for sale | $139,000+104.4%$46/sqft |
Source: MichRIC #26040806 Report a problem | ||
| 3/28/2025 | Listing removed | $1,650$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/19/2024 | Listed for rent | $1,650+34.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/25/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 9/13/2023 | Price change | $1,225-16.9% |
Source: Zillow Rentals Report a problem | ||
| 9/11/2023 | Listed for rent | $1,475+40.5% |
Source: Zillow Rentals Report a problem | ||
| 10/6/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 9/18/2021 | Listed for sale | $68,000+172%$22/sqft |
Source: Owner Report a problem | ||
| 7/14/2021 | Listing removed | -- |
Source: Zillow Rental Network_1 Report a problem | ||
| 6/23/2021 | Listed for rent | $1,050+40% |
Source: Zillow Rental Network_1 Report a problem | ||
| 10/2/2020 | Listing removed | $25,000$8/sqft |
Source: Showtime Realty #2200022427 Report a problem | ||
| 9/11/2020 | Pending sale | $25,000$8/sqft |
Source: Showtime Realty #2200022427 Report a problem | ||
| 9/9/2020 | Listed for sale | $25,000-16.7%$8/sqft |
Source: Showtime Realty #2200022427 Report a problem | ||
| 5/14/2020 | Listing removed | $30,000$10/sqft |
Source: Showtime Realty #2200022427 Report a problem | ||
| 5/8/2020 | Price change | $30,000-23.9%$10/sqft |
Source: Showtime Realty #2200022427 Report a problem | ||
| 5/7/2020 | Price change | $39,400-0.3%$13/sqft |
Source: Showtime Realty #2200022427 Report a problem | ||
| 3/19/2020 | Listed for sale | $39,500$13/sqft |
Source: Keller Williams Realty Central #2200022732 Report a problem | ||
| 10/21/2018 | Listing removed | $750 |
Source: Mutual Property Management Report a problem | ||
| 10/20/2018 | Listed for rent | $750 |
Source: Mutual Property Management Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $31,500 +25% |
| 2024 | -- | $25,200 +40.8% |
| 2023 | -- | $17,900 +25.2% |
| 2022 | -- | $14,300 +16.3% |
| 2021 | -- | $12,300 |
| 2020 | $1,310 +71.7% | $12,300 +29.5% |
| 2019 | $763 | $9,500 +13.1% |
| 2018 | $763 | $8,400 +12% |
| 2017 | -- | $7,500 -64.3% |
| 2016 | $910 | $21,000 +70.7% |
| 2015 | $910 +0.3% | $12,300 -29.1% |
| 2013 | $907 -0.3% | $17,344 -30.2% |
| 2010 | $910 | $24,851 -12% |
| 2009 | -- | $28,240 -14.5% |
| 2008 | -- | $33,029 |
| 2007 | -- | $33,029 +5.5% |
| 2005 | $91 | $31,307 +3% |
| 2004 | -- | $30,395 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Fitzgerald
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