NOT LISTED FOR SALE

14662 Forrer St Detroit, MI 48227

Grand River-Saint Marys Neighborhood

Estimated Value: $62,580 - $114,000

5 Beds
2 Baths
2,333 Sq Ft
$42/Sq Ft Est. Value

Last Sold July 19, 2017

Last sale price $21,085 $9 Per Sq Ft

Est. 361% increase in value since last sale

Current estimated payment $631/month

59 Days on Market

Highlights

  • Balcony
  • Porch
  • Fenced
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of July 2017

WARRANTY DEED!! LIMITED INVENTORY FOR A TWO FAMILY IN THIS AREA! GREAT NEIGHBORHOOD, NEAR SCHOOLS, PARKS, AND SHOPPING. A MUST ADD TO ANY INVESTORS PORTFOLIO. BRICK HOME, 2 UNITS, 2 BEDROOMS AND A 3 BEDROOM. FENCED IN YARD, 2 CAR GARAGE, VERY OPEN LOT, ORIGINAL HARDWOOD FLOORS, SUBWAY-STYLE CERAMIC TILES IN BATHROOMS, SOLID STRUCTURE AND FOUNDATION. WITH A LITTLE TLC, THIS ONE CAN BRING THE INCOME DESIRED. PROPERTY WILL BE FREE AND CLEAR FROM TAXES AND WATER. BATVAI.

Last Agent to Sell the Property

Alex Farhat

Own It Realty License #6506047996 Listed on: 04/24/2017

Last Buyer's Agent

Constance Callaway

On Point Real Estate Solutions Inc License #6501301261

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 40.00x150.00
  • Fenced

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,333 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Balcony
  • Porch

Utilities

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

Community Details

  • 2 Units
  • Rugby Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I053925S

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2333
  • Total Sq Ft: 2333
  • Sq Ft Total Bsmt: 1075

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Balcony, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: On Street

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 213571.4286
  • Lot Size Area: 0.14
  • Lot Dimensions: 40.00X150.00
  • Parcel Number: W22I053925S
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1400

Tax Info

  • Tax Amount Summer: 1479.0000
  • Tax Amount Winter: 169.0000
  • Total Tax: 1648.0000

Multi Family

  • Gross Scheduled Income: 16800.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Three Bedroom Units: 1
  • Number of Two Bedroom Units: 1

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2017
Closed on
Jul 7, 2017
Sold by
3713 Hillbrook Llc
Bought by
Underwood Vonetta
Seller's Agent
Alex Farhat
Own It Realty
Buyer's Agent
Constance Callaway
On Point Real Estate Solutions Inc
List Price
$38,900
Sold Price
$21,085
Premium/Discount to List
-$17,815
-45.8%
Current Estimated Value
$97,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,216
Avg. Annual Appreciation
22.27%

Purchase Details

Listed on
Jan 14, 2015
Closed on
Jan 22, 2015
Sold by
F14662 Llc
Bought by
3713 Hillbrook Llc
Seller's Agent
Aaron Lewis
VIE Realty Group, LLC
Buyer's Agent
Milton Owens-Crawford
Reach Realty Group
List Price
$32,000
Sold Price
$32,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-15.43%

Purchase Details

Closed on
Nov 7, 2013
Sold by
Wayne County Treasurer
Bought by
F14662 Llc
Source: Public Records

Range of Values:

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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
Underwood Vonetta $21,085 Venture Title Agency
3713 Hillbrook Llc $32,000 First American Title Ins Co
F14662 Llc $5,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner F14662 Llc $1,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2017 07/19/17 Sold $21,085 -45.8% $9 / Sq Ft
06/22/2017 06/22/17 Pending -- -- --
04/24/2017 04/24/17 For Sale $38,900 +21.6% $17 / Sq Ft
01/22/2015 01/22/15 Sold $32,000 0.0% $14 / Sq Ft
01/16/2015 01/16/15 Pending -- -- --
01/14/2015 01/14/15 For Sale $32,000 -- $14 / 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 $1,214 $59,000 $0 $0
2024 $1,214 $51,100 $0 $0
2023 $1,472 $40,700 $0 $0
2022 $1,606 $33,600 $0 $0
2021 $1,567 $25,900 $0 $0
2020 $1,551 $23,700 $0 $0
2019 $1,528 $19,200 $0 $0
2018 $1,310 $16,500 $0 $0
2017 $281 $17,000 $0 $0
2016 $1,648 $17,300 $0 $0
2015 $1,730 $17,300 $0 $0
2013 $2,278 $24,350 $0 $0
2010 -- $34,889 $1,125 $33,764
Source: Public Records

Agents Affiliated with this Home

  • Alex Farhat

    Seller's Agent in 2017

    Alex Farhat

    Own It Realty

    (313) 932-4111

    122 Total Sales

    Section Image

  • C

    Buyer's Agent in 2017

    Constance Callaway

    On Point Real Estate Solutions Inc

  • A

    Seller's Agent in 2015

    Aaron Lewis

    VIE Realty Group, LLC

    Section Image
  • Milton Owens-Crawford

    Buyer's Agent in 2015

    Milton Owens-Crawford

    Reach Realty Group

    (313) 363-3991

    46 Total Sales

    Section Image
  • Daryl Harris

    Buyer Co-Listing Agent in 2015

    Daryl Harris

    Black Diamond Realty

    (313) 612-3277

    39 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 217033199

Realcomp

APN: 22-053925

Michigan Wayne County Detroit 48227 Grand River-Saint Marys

14662 Forrer St, Detroit, MI

This home is located at 14662 Forrer St, Detroit, MI 48227 since 24 April 2017 and is currently estimated at $97,145, approximately $41 per square foot. This property was built in 1929. 14662 Forrer St is a home located in Wayne County with nearby schools including Burns Elementary/Middle School, Edison Elementary School, and Charles L. Spain Elementary-Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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