NOT LISTED FOR SALE

14800 Forrer St Detroit, MI 48227

Grand River-Saint Marys Neighborhood

Estimated Value: $42,000 - $148,000

4 Beds
2 Baths
2,047 Sq Ft
$56/Sq Ft Est. Value

Last Sold September 10, 2018

Last sale price $59,000 $29 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $845/month

114 Days on Market

Highlights

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

About This Home

As of September 2018

A Nice 2 Family , 2 baths, 4 Bed Completely Updated from floor to ceiling. Property has Newer garage roof, furnace, AC, Hot Water Tank, Kitchen, baths. Awesome Floors and new Paint throughout the entire house
All brick area. Ready to rent. Numerous updates City Certified Condition. Close to shopping and transportation.
Ideal for home owner or Seller says Invest with a 15%+ Cap !!! Show And Sell.
IDRBNG BATVAI

Last Agent to Sell the Property

Paul Dehem

X Press Realty License #6501190874 Listed on: 01/31/2018

Last Buyer's Agent

Sarah Cormier

EXP Realty LLC License #RCO-6501396243

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1928 | Remodeled in 2016

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 37.50x115.00
  • Fenced

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,047 Sq Ft Home
  • 1.5-Story Property
  • Partially Finished Basement

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number W22I053929S

Community Details

Overview

  • 2 Units
  • Rugby Subdivision

Amenities

  • Lobby

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$918

Year Built

Built in 1928 | Remodeled in 2016

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Common Entry Building
  • Architecture Level: 1 1/2 Story
  • Year Built: 1928
  • Year Renovated: 2016
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 2347
  • Sq Ft Lower Floor: 300
  • Total Sq Ft: 2047
  • Sq Ft Total Bsmt: 1011

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 37
  • Porch Type: Porch
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 699000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 37.50X115.00
  • Parcel Number: W22I053929S
  • Zoning: Residential

Rental Info

  • Deposit Amount: 20000.00
  • Monthly Rental Income: 1500

Tax Info

  • Tax Amount Summer: 843.0000
  • Tax Amount Winter: 75.0000
  • Total Tax: 918.0000

Multi Family

  • Gross Scheduled Income: 18000.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2021
Sold by
Opisas Mi1 Llc
Bought by
Sherwer Re Llc
Current Estimated Value
$114,526

Purchase Details

Closed on
Apr 20, 2021
Sold by
Lopez Miguel Enrique and Forrer 10 Trust
Bought by
Opisaa Mi1 Llc

Purchase Details

Closed on
Jun 29, 2019
Sold by
Lopez Miguel Enrique
Bought by
Forrer 10 Trust

Purchase Details

Listed on
Jan 31, 2018
Closed on
Sep 7, 2018
Sold by
Olivier Eric
Bought by
Lopez Miguel Enrique
Seller's Agent
Paul Dehem
X Press Realty
Buyer's Agent
Sarah Cormier
EXP Realty LLC
List Price
$69,900
Sold Price
$59,000
Premium/Discount to List
-$10,900
-15.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.28%
Original Mortgage
$44,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 2, 2016
Closed on
May 9, 2016
Sold by
Braggs Carl
Bought by
Olivier Eric
Seller's Agent
Douglas Carter
Brookstone, Realtors LLC
Buyer's Agent
Jerome Poisac
JP Detroit Homes LLC
List Price
$17,500
Sold Price
$15,500
Premium/Discount to List
-$2,000
-11.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.05%

Purchase Details

Closed on
Sep 4, 2015
Sold by
Braggs Carl
Bought by
Steady Investment Llc

Purchase Details

Closed on
Oct 9, 2014
Sold by
Afo Global Enterprises Llc
Bought by
Braggs Carl Kenneth

Purchase Details

Closed on
May 29, 2014
Sold by
Afo Global Enterprises Llc
Bought by
Braggs Carl Kenneth

Purchase Details

Closed on
Aug 13, 2013
Sold by
Detroit Investments 2012 Llc
Bought by
Afo Global Enterprises Llc

Purchase Details

Closed on
Nov 16, 2012
Sold by
Wayne County Treasurer
Bought by
Detroit Investments 2012 Llc

Purchase Details

Closed on
Jan 24, 2008
Sold by
Jones Carl
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Feb 10, 2007
Sold by
Jones Carl B and Jones Carl
Bought by
Saab Investments Llc

Purchase Details

Closed on
Jan 25, 2006
Sold by
Burton Clayton
Bought by
Jones Carl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
6.34%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 5, 2006
Sold by
Alam Asaad
Bought by
Burton Clayton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
6.34%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 14, 2005
Sold by
Mortgage Electronic Registration Systems
Bought by
Citibank Na

Purchase Details

Closed on
Feb 9, 2005
Sold by
Lee Rochelle
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
May 2, 2003
Sold by
Lee Rochelle
Bought by
Wright Freddie L

Purchase Details

Closed on
Jan 2, 2003
Sold by
Williams Chiquita
Bought by
Lee Rochelle
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
Sherwer Re Llc $70,000 Regions Title Agency Llc
Sherwer Re Llc $70,000 Regions Title
Opisaa Mi1 Llc $60,000 Leading Edge Title Agency
Forrer 10 Trust -- None Available
Lopez Miguel Enrique $59,000 First American Title
Olivier Eric $15,500 None Available
Steady Investment Llc -- Attorney
Braggs Carl Kenneth $25,000 None Available
Braggs Carl Kenneth -- None Available
Afo Global Enterprises Llc $4,750 Commercial Title Service
Detroit Investments 2012 Llc $4,750 None Available
Federal Home Loan Mortgage Corp $79,671 None Available
Saab Investments Llc -- None Available
Jones Carl $115,000 First American Title Ins Co
Burton Clayton $40,000 Tri County Title Agency Inc
Citibank Na -- --
Mortgage Electronic Registration Systems $85,000 --
Wright Freddie L $5,000 --
Lee Rochelle $116,000 Devon Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lopez Miguel Enrique $44,250
Previous Owner Jones Carl $103,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2018 09/10/18 Sold $59,000 -15.6% $29 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
01/31/2018 01/31/18 For Sale $69,900 +351.0% $34 / Sq Ft
05/09/2016 05/09/16 Sold $15,500 -11.4% $8 / Sq Ft
05/08/2016 05/08/16 Pending -- -- --
03/02/2016 03/02/16 For Sale $17,500 -- $9 / 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 $2,658 $52,000 $0 $0
2024 $2,658 $45,000 $0 $0
2023 $2,584 $35,900 $0 $0
2022 $2,800 $29,000 $0 $0
2021 $1,746 $22,400 $0 $0
2020 $1,746 $20,500 $0 $0
2019 $1,818 $16,700 $0 $0
2018 $1,441 $14,300 $0 $0
2017 $279 $14,700 $0 $0
2016 $918 $7,600 $0 $0
2015 $760 $7,600 $0 $0
2013 $2,139 $21,393 $0 $0
2010 -- $30,652 $970 $29,682
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2018

    Paul Dehem

    X Press Realty

    Section Image
  • Sarah Cormier

    Buyer's Agent in 2018

    Sarah Cormier

    EXP Realty LLC

    (248) 259-3289

    26 Total Sales

    Sarah Cormier
    Section Image

  • D

    Seller's Agent in 2016

    Douglas Carter

    Brookstone, Realtors LLC

    (313) 506-1447

    34 Total Sales

    Douglas Carter
    Section Image
  • Jerome Poisac

    Buyer's Agent in 2016

    Jerome Poisac

    JP Detroit Homes LLC

    (313) 658-6400

    45 Total Sales

    Jerome Poisac
    Section Image
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Map

Source: Realcomp

MLS Number: 218008170

Realcomp

APN: 22-053929

Michigan Wayne County Detroit 48227 Grand River-Saint Marys

14800 Forrer St, Detroit, MI

This home is located at 14800 Forrer St, Detroit, MI 48227 since 31 January 2018 and is currently estimated at $114,526, approximately $55 per square foot. This property was built in 1928. 14800 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.

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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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