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16561 Parkside St, Detroit, MI 48221

1 bath, 1,420 sqft
Foreclosed
Foreclosure Estimate: $15,186
Below Zestimate®: $14K (48%)

This property is owned by a bank or a lender who took ownership through foreclosure proceedings. It may soon be listed for sale. This property is not found on a multiple listing service (MLS).

A Foreclosure Estimate is the price Zillow predicts a property will sell for if it's listed as a foreclosure (bank-owned property or real estate owned). Learn more

Zillow predicts this property will sell for $15,186 if it's listed for sale as a foreclosure. This is 48.0% or $14,018 below the Zestimate® home valuation of $29,204. Learn more

My Notes
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This is a 1420 square foot, 1.0 bathroom, single family home. It is located at 16561 Parkside St Detroit, Michigan.
Facts
  • Lot: 4,356 sqft
  • Single Family
  • Built in 1924
  • 2894 days on Zillow
  • Heating: Forced air
  • Last sold: Apr 2006 for $145,000
Features
  • Fireplace
  • Parking: Garage - Detached, 1 space, 360 sqft
Construction
  • Roof type: Asphalt
  • # Stories: 2.0
  • Structure type: Other
Other
  • Floor size: 1,420 sqft
  • Lot depth: 125
  • Lot width: 35
  • Parcel #: 12011492
  • Zillow Home ID: 88191727

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DATEForeclosed$000,000The lender, Unknown, has taken ownership of this property through a foreclosure auction for the amount of $000,000. The lender may list it for sale as a foreclosure property in the future. Zillow's Foreclosure Estimate predicts this property will sell for $000,000
DATEForeclosure auction$000,000The owner of this property has been served a Notice of Trustee Sale which led to foreclosure and the lender taking ownership. A foreclosure auction was held on Date
DATEHome in default$000,000The owner of this property has been served a Notice of Default. The loan in default was issued by Unknown on Date in the amount of $000,000
DATEPrevious sale$000,000The home was last sold for $000,000.

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Home Values
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Zestimate What's this?
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A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

Don't agree with your home's Zestimate? Owners can edit their home facts to make the Zestimate more accurate. Plus, you can leave an opinion on your Zestimate value below. Just click "Owner Estimate".
$29,204
-$6,107 Last 30 daysd
$23K
$35K
Zestimate range
Rent Zestimate What's this?
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A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$776/mo
-$7 Last 30 daysd
$698
$877
Zestimate range

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Neighborhood for 16561 Parkside Street

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Zillow predicts Martin Park home values will fall 1.5% next year, compared to a 0% rise for Detroit as a whole.

Foreclosures will be a factor impacting home values in the next several years. In the Martin Park market, the number of foreclosures waiting to be sold shrank 107% in the last year. The number of unsold foreclosures is 7.4% greater than in Detroit, and 419.3% higher than the national average. This higher local number may prevent Martin Park home values from rising as quickly as other regions in Detroit.

Learn more about forecast calculations or Martin Park home values.
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