NOT LISTED FOR SALE

15209 Forrer St Detroit, MI 48227

Grand River-Saint Marys Neighborhood

Estimated Value: $58,000 - $116,063

4 Beds
1.5 Baths
1,878 Sq Ft
$47/Sq Ft Est. Value

Last Sold May 28, 2024

Last sale price $59,000 $31 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $594/month

59 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • 4-minute walk to Cook Park
  • Cass Technical High School Rated 10

About This Home

As of May 2024

Attention Investor & Flippers!! Here is great investment opportunity for a flip or to just add this house to your investment property portfolio. House needs a full rehab. Two family flat has a lot investment opportunities Group Home, AirBnb, Long term Rental. House can easily be converted back to single family. Seller will not make any repairs, house will be sold As-IS. No land contracts. Two vacant lots next to the property will be included with the sale. Wholesalers welcome.

Last Agent to Sell the Property

Charles Ramey

Keller Williams Realty Lakeside License #MISPE-6501352793 Listed on: 03/15/2024

Keller Williams Realty Lakeside

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 24x150

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,878 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Rugby Subdivision

Listing and Financial Details

  • Assessor Parcel Number 22054461.

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Colonial
  • Structure Style: 2 Story
  • Total Tax Amount: 1809
  • Year Built: 1928
  • Mail City: Detroit
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement: Unfinished
  • Bedrooms: 4
  • Bedroom 1: On Upper Floor, Dimensions: 10 x 10
  • Bedroom 2: On Upper Floor, Dimensions: 10 x 10
  • Bedroom 3: On Lower Floor, Dimensions: 10 x 10
  • Bedroom 4: On Lower Floor, Dimensions: 10 x 10
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 8 x 4, On Level: Entry
  • Kitchen: On Entry Level, Dimensions: 12 x 11
  • Living Room: On Entry Level, Dimensions: 12 x 15
  • Below Grade Sq Ft: 961
  • Above Grade Finished Sq Ft: 1878
  • Total Finished Sq Ft: 1878
  • Half Bathrooms: 1

Exterior Features

  • Exterior: Brick
  • Foundation: Basement
  • Frontage: 34
  • Frontage Type: Road

Garage/Parking

  • Parking: On Street
  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 22054461.
  • Lot Dimensions: 24x150
  • Acreage: 0.12
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2023, Amount: $1,656.00
  • Winter Tax: Year: 2022, Amount: $153.00
  • Taxable Value: 17097
  • Total Tax: Amount: $1,809.00
  • SEV Year: 2023

MLS Schools

  • School District: Detroit City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
May 14, 2024
Sold by
Eso Redevelopment Llc
Bought by
Motor City Rehab Llc
Seller's Agent
Charles Ramey
Keller Williams Realty Lakeside
List Price
$75,000
Sold Price
$59,000
Premium/Discount to List
-$16,000
-21.33%
Views
73
Current Estimated Value
$86,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,421
Avg. Annual Appreciation
35.47%
Original Mortgage
$160,000
Outstanding Balance
$158,480
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
-$73,294

Purchase Details

Closed on
Oct 16, 2017
Sold by
Sabree Eric R
Bought by
Eso Redevelopment Llc

Purchase Details

Closed on
Jun 5, 2017
Sold by
Smith Louis
Bought by
Charlisle Erin

Purchase Details

Closed on
Sep 3, 2015
Sold by
Turner Mark
Bought by
Vekram Estates Michigan Llc

Purchase Details

Closed on
Jun 18, 2014
Sold by
F15209 Llc
Bought by
Torin Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300
Interest Rate
4.28%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 29, 2010
Sold by
Wojtowicz Raymond J
Bought by
F15209 Llc

Purchase Details

Closed on
Sep 20, 2004
Sold by
Green Rachele and Green Rachel
Bought by
Lewiel Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
10%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Motor City Rehab Llc $59,000 First American Title
Eso Redevelopment Llc $11,000 None Available
Charlisle Erin $500 None Available
Vekram Estates Michigan Llc -- Attorney
Torin Properties Llc $23,500 None Available
F15209 Llc $1,000 None Available
Lewiel Tracy $125,000 Title Michigan Agency Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Motor City Rehab Llc $160,000
Previous Owner F15209 Llc $1,300
Previous Owner F15209 Llc $3,500
Previous Owner Lewiel Tracy $112,500
Previous Owner Green Rachele A $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2024 05/28/24 Sold $59,000 -21.3% $31 / Sq Ft
05/13/2024 05/13/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $75,000 -- $40 / Sq Ft
Source: Michigan Multiple Listing Service

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 $1,452 $56,200 $0 $0
2024 $1,452 $48,800 $0 $0
2023 $1,656 $38,900 $0 $0
2022 $1,763 $30,500 $0 $0
2021 $1,716 $23,600 $0 $0
2020 $1,716 $21,600 $0 $0
2019 $1,413 $17,800 $0 $0
2018 $1,216 $14,900 $0 $0
2017 $235 $15,300 $0 $0
2016 $1,434 $14,500 $0 $0
2015 $1,450 $14,500 $0 $0
2013 $2,040 $20,395 $0 $0
2010 -- $29,223 $956 $28,267
Source: Public Records

Agents Affiliated with this Home

  • Charles Ramey

    Seller's Agent in 2024

    Charles Ramey

    Keller Williams Realty Lakeside

    (586) 524-1919

    1 in this area

    36 Total Sales

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50136089

Michigan Multiple Listing Service

APN: 22-054461

Michigan Wayne County Detroit 48227 Grand River-Saint Marys

15209 Forrer St, Detroit, MI

This home is located at 15209 Forrer St, Detroit, MI 48227 since 15 March 2024 and is currently estimated at $89,016, approximately $47 per square foot. This property was built in 1928. 15209 Forrer St is a home located in Wayne County with nearby schools including Edison Elementary School, Burns Elementary/Middle 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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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