Great investment opportunity! Guaranteed rental income every month, lease has 4 years left with long term tenant! 3 bedroom brick bungalow, large open basement. Newer roof, hot water heater, furnace and so much more. Hardwood floors throughout lower level. Updated kitchen and bathroom with ceramic floors No showings without submitted and agreed upon offer. Buyer to pay Re/max Classic $495 processing fee and other closing costs required by the seller. Buyer/agent to verify all information. Information is deemed reliable but not guaranteed. Great neighborhood, close to freeways leading downtown or connecting freeways around metro Detroit.
Dream Keys RealtyLicense #6502431703Listed on: 04/12/2021
Home Details
Home Type
Single Family
Est. Annual Taxes
Year Built
Built in 1946
Lot Details
6,098 Sq Ft Lot
Lot Dimensions are 40.00x157.00
Home Design
Bungalow
Brick Exterior Construction
Poured Concrete
Interior Spaces
895 Sq Ft Home
1.5-Story Property
Unfinished Basement
Bedrooms and Bathrooms
3 Bedrooms
1 Full Bathroom
Location
Ground Level Unit
Utilities
Forced Air Heating System
Heating System Uses Natural Gas
Community Details
No Home Owners Association
Maloney Park Sub Subdivision
Listing and Financial Details
Assessor Parcel Number W22I054205S
$2,160 Seller Concession
Home Details
Home Type
Single Family
Est. Annual Taxes
$1,013
Year Built
Built in 1946
Lot Details
0
Listing Details
Property Type: Residential
Architecture Style: Bungalow
Architecture Level: 1 1/2 Story
Year Built: 1946
State Equalized Value: 12200.0000
Entry Location: Ground Level
Special Features: None
Property Sub Type: Detached
Stories: 1
Interior Features
Room Count: 7
Total Bedrooms: 3
Total Bathrooms: 1.00
Full Bathrooms: 1
Basement: Yes
Basement Type: Unfinished
Sq Ft Combined: 895
Total Sq Ft: 895
Sq Ft Total Bsmt: 600
Exterior Features
Foundation Details: Basement
Construction Materials: Brick
Foundation Materials: Poured
Frontage Feet: 40
Road Frontage Type: Paved
Garage/Parking
Garage Size: No Garage
Utilities
Heating Fuel: Natural Gas
Heating: Forced Air
Sewer: Public Sewer (Sewer-Sanitary)
Water Source: Public (Municipal)
Laundry Facilities: No
Condo/Co-op/Association
Association Fee: No
Schools
School District: Detroit
Lot Info
List Price per Acre: 500000.0000
Lot Size Area: 0.14
Lot Dimensions: 40.00X157.00
Parcel Number: W22I054205S
Tax Info
Tax Amount Summer: 930.0000
Tax Amount Winter: 83.0000
Total Tax: 1013.0000
Taxable Value: 8734.0000
MLS Schools
School District: Detroit
Ownership History
DateNameOwned ForOwner Type
May 2021 - PresentRouzan Raymond E4 Years
Private Individual
Purchase Details
Listed on
Apr 12, 2021
Closed on
May 27, 2021
Sold by
Grandeur Records
Bought by
Rouzan Raymond E
Seller's Agent
Dona Tidwell
Dream Keys Realty
Buyer's Agent
Dona Tidwell
Compass Realty
List Price
$70,000
Sold Price
$72,160
Premium/Discount to List
$2,160
3.09%
Total Days on Market
1
Current Estimated Value
$96,578
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,418
Avg. Annual Appreciation
4.13%
Original Mortgage
$54,120
Outstanding Balance
$49,949
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$34,803
Dec 2014 - May 2021Grandeur Records6 Years and 5 Months
Company
Purchase Details
Closed on
Dec 19, 2014
Sold by
Wayne County Treasurer
Bought by
Grandeur Records
Aug 2010 - Dec 2014Freeman Aaron4 Years and 4 Months
Private Individual
Purchase Details
Closed on
Aug 6, 2010
Sold by
Fannie Mae
Bought by
Freeman Aaron
Dec 2009 - Aug 2010Federal National Mortgage Association8 Months
Company
Purchase Details
Closed on
Dec 17, 2009
Sold by
Citimortgage Inc
Bought by
Federal National Mortgage Association
Dec 2009 - Dec 2009Citimortgage IncLess than a month
Private Individual
Purchase Details
Closed on
Dec 16, 2009
Sold by
Watkins Tina
Bought by
Citimortgage Inc
Oct 2008 - Dec 2009Watkins Tina1 Year and 2 Months
Private Individual
Purchase Details
Closed on
Oct 6, 2008
Sold by
Fairview Hills Homes Llc
Bought by
Watkins Tina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,400
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage
Oct 2007 - Oct 2008Fairview Hills Homes1 Year
Company
Purchase Details
Closed on
Oct 26, 2007
Sold by
Hsbc Bank Usa Na
Bought by
Fairview Hills Homes
Jan 2006 - Oct 2007Hsbc Bank Usa Na and Ace Securities Corp Home Equity Loan Tru1 Year and 9 Months
Company
Purchase Details
Closed on
Jan 4, 2006
Sold by
Real Lorenzo and Lake Keisha
Bought by
Hsbc Bank Usa Na and Ace Securities Corp Home Equity Loan Tru
Mar 2005 - Jan 2006Real Lorenzo10 Months
Private Individual
Purchase Details
Closed on
Mar 9, 2005
Sold by
Dellihue Doris
Bought by
Real Lorenzo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
8.6%
Mortgage Type
Purchase Money Mortgage
Feb 2005 - Mar 2005Dellihue Doris1 Month
Private Individual
Purchase Details
Closed on
Feb 28, 2005
Sold by
Deutsche Bank National Trust Co
Bought by
Dellihue Doris
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
8.6%
Mortgage Type
Purchase Money Mortgage
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Turnkey investment opportunity on Detroit’s west side! 19720 Asbury Park is a solid brick bungalow featuring new carpet and fresh paint throughout, offering immediate appeal and low upfront maintenance.This home includes 3 bedrooms, 1 full bath, and a full basement, making it a desirable layout for long-term tenants. The property is currently tenant-occupied and generating $950/month in rental
Move in ready! Cheaper than rent. Remodeled 3 large bedrooms. Located at 8 Mile and Southfield Fwy area. Updated kitchen with appliances included, ceramic floors, countertop, and new cabinets. New roof. Air conditioning. Hardwood floors in the common areas and carpet in the bedrooms. Ceramic in remodeled bathroom. Air conditioning. Rents in this area $1400-1500.
LOVELY THREE BEDROOM MURAL STONE AND ALUMINIUM BUNGALOW WITH LARGE LIVING ROOM FULL UNFINISHED BASEMENT WITH TWO CAR GARAGE AND LARGE FENCED IN BACKYARD HAS A NICE QUIET NEIGHBORHOOD CLOSE TO SCHOOLS AND FREEWAY. SOLD IN AS IS CONDITION THIS HOME IS VACANT WITH IMMEDIATE OCCUPANCY NICE VALUE PRICED HOME.
THIS COZY THREE BEDROOM BUNGALOW WITH ONE BATHROOM LIVING ROOM AND KITCHEN WITH BREAKFAST NOOK ROOM FULL UNFINISHED BASEMENT ALONG WITH A ONE AND A HALF CAR GARAGE WITH LARGE FENCED IN BACKYARD LOCATED TWO BLOCKS FROM SOUTHFIELD FWY IN A QUIET NEIGHBORHOOD THIS IS AN NICE STARTER AND INVESTMENT SPECIAL. CLOSE TO SCHOOLS AND SHOPPING AREA. TENANT OCCUPIED
Charming 3-bedroom, 1-bath bungalow home in Detroit! Features a large basement, a 1-car detached garage, and classic character throughout. Perfect for first-time buyers or investors. Schedule a showing today!
Charming 3-bedroom, 1.1-bath bungalow in Detroit! Featuring a large, finished basement and a spacious layout full of character. Don't miss this fantastic opportunity—schedule your showing today!
NICE THREE BEDROOM BUNGALOW WITH LIVING ROOM SPACIOUS KITCHEN ONE BATH FULL UNFINISHED BASEMENT WITH LARGE FENCED IN BACK YARD LOCATED IN QUIET NEIGHBORHOOD NEAR FREEWAY AND LOTS OF SHOPPING AREA NICE STARTER HOME OR INVESTORS SPECIAL TENANT OCCUPIED GIVE 24 HOUR NOTICE TO SHOW PROPERTY
Welcome Home!!! Perfect starter home motivated seller bring your offers. This home has some updates and its ready for your buyer to make it a home. BATVAI
SELLER FINANCING / LAND CONTRACT TERMS AVAILABLE AT 90,000 PURCHASE PRICE, 25,000 DOWN PAYMENT, 8% INTEREST, 120 MONTH TERM. 789 / MONTH. Seller financing/land contract terms are negotiable.With potential as promising as a sunrise on a new day. This spacious home offers a unique opportunity for intuitive investors or a crafty homeowner looking to bring their vision to life. Conveniently located
Tax AssessmentTax 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.
This home is located at 20261 Forrer St, Detroit, MI 48235 since 12 April 2021 and is currently estimated at $96,578, approximately $107 per square foot. This property was built in 1946. 20261 Forrer St is a home located in Wayne County with nearby schools including Bow Elementary-Middle 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.
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
