NOT LISTED FOR SALE

18099 Cherrylawn St Detroit, MI 48221

Bagley Neighborhood

Estimated Value: $180,000 - $243,000

6 Beds
2.5 Baths
2,643 Sq Ft
$80/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $200,000 $76 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,314/month

12 Days on Market

Highlights

  • Forced Air Heating System
  • Hot Water Heating System
  • 2 Car Garage
  • Cass Technical High School Rated 10

About This Home

As of April 2024

Discover the perfect investment opportunity or your next home in the vibrant Bagley neighborhood of Detroit. This stunning duplex has been freshly updated, offering modern living while retaining its original charm. Each unit in this two-family home boasts a rare three spacious bedrooms, providing ample space for families, professionals, or students looking for a comfortable living environment.

Situated in the heart of Bagley, this duplex is in a prime location close to shopping, dining, the University of Detroit Mercy and entertainment options. Also being at the forefront of many developments happening in the city, it is a great marriage of cashflow and great potential upward appreciation.

With the rare combination of 3 bedrooms in each unit, this one is sure to cashflow from the very beginning with rents conservatively projected at $2600/m. Schedule your showing today, and add this one to your investment portfolio.

Last Agent to Sell the Property

Edgar Butler

@properties Christie's Int'l R.E. Birmingham License #6501424939 Listed on: 03/13/2024

@properties Christie's Int'l R.E. Birmingham

Last Buyer's Agent

Sharon Khousakoun

DOBI Real Estate License #RCO-6501407993

DOBI Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1929

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00 x 115.00

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,643 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number W16I033236S
  • $2,500 Seller Concession

Community Details

Overview

  • 2 Units
  • Seymour & Troesters Loyola Pk Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,402

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex, Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 340.00
  • Year Built: 1929
  • State Equalized Value: 113700.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2643
  • Total Sq Ft: 2643
  • Sq Ft Total Bsmt: 1196

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • MF Parking: Garages
  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air, Hot Water, Radiant
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00 x 115.00
  • Parcel Number: W16I033236S
  • Zoning: Multi-Family, Residential

Rental Info

  • Monthly Rental Income: 2600

Tax Info

  • Tax Amount Summer: 2187.0000
  • Tax Amount Winter: 215.0000
  • Total Tax: 2402.0000
  • Taxable Value: 23996.0000

Multi Family

  • Gross Scheduled Income: 31200.00
  • Number Of Units Total: 2
  • Number of Three Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2024
Closed on
Apr 5, 2024
Sold by
Victor Vickie Christie
Bought by
Center Danielle
Seller's Agent
Edgar Butler
@properties Christie's Int'l R.E. Birmingham
Buyer's Agent
Sharon Khousakoun
DOBI Real Estate
List Price
$200,000
Sold Price
$200,000
Views
53
Current Estimated Value
$212,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,139
Avg. Annual Appreciation
4.21%
Original Mortgage
$160,000
Outstanding Balance
$157,636
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$54,503

Purchase Details

Listed on
Sep 13, 2022
Closed on
Dec 16, 2022
Sold by
Hui Brent
Bought by
Victor Vickie
Seller's Agent
Lyndsey Sass
RE/MAX Leading Edge
Buyer's Agent
Edgar Butler
@properties Christie's Int'l R.E. Birmingham
List Price
$139,900
Sold Price
$130,000
Premium/Discount to List
-$9,900
-7.08%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.29%
Original Mortgage
$97,500
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 17, 2017
Closed on
Dec 21, 2017
Sold by
3713 Hillbrokk Llc
Bought by
Hui Brent
Seller's Agent
Alex Farhat
Own It Realty
Buyer's Agent
Lyndsey Sass
RE/MAX Leading Edge
List Price
$59,900
Sold Price
$59,000
Premium/Discount to List
-$900
-1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.15%
Original Mortgage
$44,250
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 27, 2015
Closed on
Oct 28, 2015
Sold by
Omega Real Estate Investments
Bought by
3713 Hillbrook Llc
Seller's Agent
Marsha Cohen
Community Choice Realty Inc
Buyer's Agent
Milton Owens-Crawford
Reach Realty Group
List Price
$44,000
Sold Price
$40,500
Premium/Discount to List
-$3,500
-7.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.56%

Purchase Details

Listed on
Aug 27, 2015
Closed on
Oct 6, 2015
Sold by
Cook George
Bought by
Omega Real Estate Investments Llc
Seller's Agent
Marsha Cohen
Community Choice Realty Inc
Buyer's Agent
Milton Owens-Crawford
Reach Realty Group
List Price
$44,000
Sold Price
$40,500
Premium/Discount to List
-$3,500
-7.95%

Purchase Details

Closed on
Mar 30, 2015
Sold by
Johnson James E and Johnson Jill Putnam
Bought by
Cook George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.64%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 19, 2014
Sold by
Cook George
Bought by
Johnson James E
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
Center Danielle $200,000 Ata National Title
Center Danielle $200,000 Ata National Title
Center Danielle $200,000 Ata National Title
Victor Vickie $130,000 --
Hui Brent $59,000 Venture Title Agency
3713 Hillbrook Llc $81,500 Red Carpet Title Agency Llc
Omega Real Estate Investments Llc $40,500 Attorney
Cook George -- None Available
Johnson James E $24,000 None Available
Johnson James E $25,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Center Danielle $160,000
Closed Center Danielle $160,000
Previous Owner Victor Vickie Christie $97,500
Previous Owner Hui Brent $44,250
Previous Owner Cook George $120,000
Previous Owner Cook George $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Sold $200,000 0.0% $76 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
03/13/2024 03/13/24 For Sale $200,000 +53.8% $76 / Sq Ft
12/16/2022 12/16/22 Sold $130,000 -7.1% $49 / Sq Ft
11/17/2022 11/17/22 Pending -- -- --
10/19/2022 10/19/22 Price Changed $139,900 0.0% $53 / Sq Ft
10/19/2022 10/19/22 For Sale $139,900 -6.7% $53 / Sq Ft
09/23/2022 09/23/22 Pending -- -- --
09/13/2022 09/13/22 For Sale $149,900 +154.1% $57 / Sq Ft
12/21/2017 12/21/17 Sold $59,000 -1.5% $24 / Sq Ft
11/09/2017 11/09/17 Pending -- -- --
10/17/2017 10/17/17 For Sale $59,900 +47.9% $24 / Sq Ft
10/07/2015 10/07/15 Sold $40,500 -8.0% $16 / Sq Ft
09/24/2015 09/24/15 Pending -- -- --
08/27/2015 08/27/15 For Sale $44,000 -- $18 / 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 $1,998 $161,300 $0 $0
2024 $1,998 $143,200 $0 $0
2023 $2,187 $113,700 $0 $0
2022 $2,338 $83,000 $0 $0
2021 $2,271 $61,400 $0 $0
2020 $2,271 $50,600 $0 $0
2019 $2,235 $39,800 $0 $0
2018 $1,950 $33,500 $0 $0
2017 $389 $30,600 $0 $0
2016 $2,146 $53,800 $0 $0
2015 $2,140 $21,400 $0 $0
2013 $2,671 $26,705 $0 $0
2010 -- $37,067 $1,266 $35,801
Source: Public Records

Agents Affiliated with this Home

  • Edgar Butler

    Seller's Agent in 2024

    Edgar Butler

    @properties Christie's Int'l R.E. Birmingham

    (248) 805-2554

    4 in this area

    120 Total Sales

    Edgar Butler
    Section Image
  • Sharon Khousakoun

    Buyer's Agent in 2024

    Sharon Khousakoun

    DOBI Real Estate

    (734) 799-1727

    1 in this area

    103 Total Sales

    Sharon Khousakoun
    Section Image
  • Lyndsey Sass

    Seller's Agent in 2022

    Lyndsey Sass

    RE/MAX

    (734) 558-6584

    1 in this area

    60 Total Sales

    Lyndsey Sass
    Section Image
  • Alex Farhat

    Seller's Agent in 2017

    Alex Farhat

    Own It Realty

    (313) 932-4111

    120 Total Sales

    Alex Farhat
    Section Image
  • Marsha Cohen

    Seller's Agent in 2015

    Marsha Cohen

    Community Choice Realty Inc

    (248) 729-0011

    7 Total Sales

    Marsha Cohen
    Section Image
  • Milton Owens-Crawford

    Buyer's Agent in 2015

    Milton Owens-Crawford

    Reach Realty Group

    (313) 363-3991

    45 Total Sales

    Milton Owens-Crawford
    Section Image
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Map

Source: Realcomp

MLS Number: 20240014707

Realcomp

APN: 16-033236

Michigan Wayne County Detroit 48221 Bagley

18099 Cherrylawn St, Detroit, MI

This home is located at 18099 Cherrylawn St, Detroit, MI 48221 since 13 March 2024 and is currently estimated at $212,139, approximately $80 per square foot. This property was built in 1929. 18099 Cherrylawn St is a home located in Wayne County with nearby schools including Bagley Elementary School, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

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
Copyright 2025 Realcomp II Ltd. Shareholders
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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