NOT LISTED FOR SALE

20261 Forrer St Detroit, MI 48235

Greenfield Neighborhood

Estimated Value: $85,977 - $120,000

3 Beds
1 Bath
895 Sq Ft
$111/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $72,160 $81 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $609/month

1 Day on Market

Highlights

  • Ground Level Unit
  • No HOA
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Bungalow
  • 3-minute walk to Viola Liuzzo Playground

About This Home

As of May 2021

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.

Last Agent to Sell the Property

Dona Tidwell

Dream Keys Realty License #6502431703 Listed on: 04/12/2021

Last Buyer's Agent

Dona Tidwell

Dream Keys Realty License #6502431703 Listed 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

Date Name Owned For Owner Type

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%
Current Estimated Value
$98,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,834
Avg. Annual Appreciation
7.54%
Original Mortgage
$54,120
Outstanding Balance
$48,999
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$49,995

Purchase Details

Closed on
Dec 19, 2014
Sold by
Wayne County Treasurer
Bought by
Grandeur Records

Purchase Details

Closed on
Dec 17, 2009
Sold by
Citimortgage Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 16, 2009
Sold by
Watkins Tina
Bought by
Citimortgage Inc

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

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

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
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
Rouzan Raymond E $72,160 None Available
Grandeur Records $600 None Available
Federal National Mortgage Association -- None Available
Citimortgage Inc $73,400 None Available
Watkins Tina $88,000 Purte Title Agency
Hsbc Bank Usa Na $99,261 None Available
Real Lorenzo $115,000 Parks Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rouzan Raymond E $54,120
Previous Owner Watkins Tina $70,400
Previous Owner Real Lorenzo $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2021 05/27/21 Sold $72,160 +3.1% $81 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $70,000 0.0% $78 / Sq Ft
02/13/2016 02/13/16 Rented $750 0.0% --
02/12/2016 02/12/16 Under Contract -- -- --
10/20/2015 10/20/15 For Rent $750 -- --
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 $1,010 $29,300 $0 $0
2024 $1,010 $26,000 $0 $0
2023 $979 $20,600 $0 $0
2022 $1,040 $16,700 $0 $0
2021 $1,013 $13,300 $0 $0
2020 $1,013 $12,200 $0 $0
2019 $999 $10,100 $0 $0
2018 $885 $8,800 $0 $0
2017 $156 $8,200 $0 $0
2016 $1,877 $21,700 $0 $0
2015 $2,170 $21,700 $0 $0
2013 $3,195 $31,945 $0 $0
2010 -- $46,835 $959 $45,876
Source: Public Records

Agents Affiliated with this Home

  • Dona Tidwell

    Seller's Agent in 2021

    Dona Tidwell

    Dream Keys Realty

    (734) 353-8726

    1 in this area

    22 Total Sales

    Dona Tidwell
    Section Image

  • J

    Seller's Agent in 2016

    James Silver

    Keller Williams Troy

    Section Image

  • L

    Buyer's Agent in 2016

    Lenawee 'LIST' Non Member

    NON MEMBER 'LIST' (L)

See All Agents

Map

Source: Realcomp

MLS Number: 2210025110

Realcomp

APN: 22-054205

Michigan Wayne County Detroit 48235 Greenfield

20261 Forrer St, Detroit, MI

This home is located at 20261 Forrer St, Detroit, MI 48235 since 12 April 2021 and is currently estimated at $98,994, approximately $110 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.

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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