NOT LISTED FOR SALE

12922 Forrer St Detroit, MI 48227

Schoolcraft Southfield Neighborhood

Estimated Value: $112,000 - $197,000

4 Beds
2 Baths
1,824 Sq Ft
$81/Sq Ft Est. Value

Last Sold February 18, 2020

Last sale price $29,950 $16 Per Sq Ft

Est. 393% increase in value since last sale

Current estimated payment $864/month

13 Days on Market

About This Home

As of February 2020

This fixer-upper is on Detroit's West Side and will make a great investment property. Buyer to pay Braven Enterprises a $495 transaction fee. This property comes with the hassle-free Jay guarantee of no back taxes, no water bills and will be conveyed through a warranty deed. Seller is considering all offers. All Room Sizes Are Approximate. Broker Has No Information On This Property. Contact Agent Only!

Last Agent to Sell the Property

JeQua Halliburton

Braven Enterprises LLC License #6501403211 Listed on: 01/03/2020

Last Buyer's Agent

Kenneth Evans

Reach Realty Group License #RCO-6501367910

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00x120.00

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,824 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Community Details

  • 2 Units
  • Westfield Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I053834S

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1925
  • State Equalized Value: 19900.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1824

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Road Frontage Type: Pub. Sidewalk

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Water at Street
  • Laundry Facilities: No

Lot Info

  • List Price per Acre: 271818.1818
  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00X120.00
  • Parcel Number: W22I053834S
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1300

Tax Info

  • Tax Amount Summer: 1098.0000
  • Tax Amount Winter: 91.0000
  • Total Tax: 1189.0000
  • Taxable Value: 9597.0000

Multi Family

  • Gross Scheduled Income: 15600.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2020
Closed on
Feb 10, 2020
Sold by
Jay Buys Detroit Llc
Bought by
Davis Brandon
Seller's Agent
JeQua Halliburton
Braven Enterprises LLC
Buyer's Agent
Kenneth Evans
Reach Realty Group
List Price
$29,900
Sold Price
$29,950
Premium/Discount to List
$50
0.17%
Current Estimated Value
$147,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,643
Avg. Annual Appreciation
31.16%

Purchase Details

Closed on
Oct 10, 2019
Sold by
County Of Wayne
Bought by
Jay Buys Detroit Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Davis Brandon $29,950 Regions Title Agency Llc
Jay Buys Detroit Llc $22,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2020 02/18/20 Sold $29,950 +0.2% $16 / Sq Ft
01/16/2020 01/16/20 Pending -- -- --
01/03/2020 01/03/20 For Sale $29,900 -- $16 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,112 $71,800 $0 $0
2024 $856 $62,100 $0 $0
2023 $1,075 $49,900 $0 $0
2022 $1,147 $33,800 $0 $0
2021 $1,121 $26,800 $0 $0
2020 $1,205 $22,800 $0 $0
2019 $1,189 $19,900 $0 $0
2018 $1,062 $18,000 $0 $0
2017 $174 $16,000 $0 $0
2016 $1,150 $10,700 $0 $0
2015 $1,070 $10,700 $0 $0
2013 $1,306 $14,978 $0 $0
2010 -- $21,460 $890 $20,570
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    JeQua Halliburton

    Braven Enterprises LLC

    (248) 457-5499

    1 in this area

    30 Total Sales

    JeQua Halliburton
    Section Image
  • Kenneth Evans

    Buyer's Agent in 2020

    Kenneth Evans

    Reach Realty Group

    (313) 704-2892

    2 in this area

    86 Total Sales

    Kenneth Evans
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 219124952

Realcomp

APN: 22-053834

Michigan Wayne County Detroit 48227 Schoolcraft Southfield

12922 Forrer St, Detroit, MI

Not Listed for Sale

MultiFamily

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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