2 months on rocket

12923 Forrer St, Detroit, MI, 48227

$120,000

Home List Price

$1,425*

Closing Credit

5 Bedrooms
2 Full Baths, 1 Partial
1,705 SqFt
$70/SqFt
House

Location

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12923 Forrer St, Detroit$120,000

Buyer Closing Credits

$1,425*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached
Garage2 spaces
Year Built1929
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
MLS #20240065177
Lot Size0.11 Acres
StatusActive

About 12923 Forrer St

Investor's Dream! Discover the charm and potential of this lovely Cape Cod, located in a solid Detroit community. This property is perfect for those looking to invest in a gem. Key features include brand new windows, updated electrical and plumbing, and a large side lot that's included in the sales price. The home is nestled at the south end of the block with a closed entry, providing added privacy. Whether you're an experienced investor or a savvy buyer looking for a fixer-upper, this property offers incredible value in a desirable neighborhood. Don't miss the chance to make this Detroit beauty your next project! ***Property Sold As Is***

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 1929
  • Stories: 2
  • Living Area: 1,705 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices The Loft Warehouse
  • Office Phone: (313) 658-6400
  • Listing Agent: Kristi Mishaw

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: East bound Greenfield rd. to Davison West turn right , left onto Forrer. West Bound Greenfield road to Davison West, turn left, left onto forrer.

Price Information

Listing Price Info

Price Summary:

  • List Price: $120,000
  • Price Per SqFt: $70/SqFt

Tax Information:

  • Annual Amount: $1,558
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

Map thumbnail provided by MapBox

Detroit, MI

City

Med. Sold Price

$85K

Med. Price/SqFt

$73

Avg. Days On Market

45

# of Sold Homes

475

12923 Forrer St vs Detroit

81 DAYS ON ROCKET

+36 Days

$120,000

+$35K More

$70/SqFt

-$4 Less

KEY TAKEAWAY

This property is $35K more than the Median Sold Price and $4/SqFt less than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240065177

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices The Loft Warehouse
  • Office Phone: (313) 658-6400
  • Listing Agent: Kristi Mishaw

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 1:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 15, 2014Home Sold
$43,000
Dec 18, 2009Home Sold
$16,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,558$24,500
2020 - $20,800
2017$877$14,500

History based on county public records data.

Payment Calculator

$666

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$426

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-491247
3
/10

  • Edison Elementary School

  • 17045 Grand River Ave

  • 1.13 miles

  • Public District Grades PK-5

school-card-donut-491248
1
/10

  • Coleman A. Young Elementary School

  • 15771 Hubbell St

  • 1.66 miles

  • Public District Grades PK-5

school-card-donut-491249
1
/10

  • Mann Learning Community

  • 19625 Elmira St

  • 1.97 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,667. Residents of Detroit, MI typically earn less than $35k each year. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 12923 Forrer St

What is the listing price of this property?

The listing price of 12923 Forrer St property is $120,000.

What type of property is this?

The property 12923 Forrer St is a house located in Detroit, Michigan, 48227.

Is this property for sale now?

Active Listing: 12923 Forrer St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,558 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 15, 2014 for $43,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 12923 Forrer St has 5 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 12923 Forrer St is 1,705 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 12923 Forrer St is 1929.

Rocket Homes›Michigan›Wayne County›Detroit›48227›12923 Forrer St

This home is located at 12923 Forrer St in Detroit, MI and zip code 48227 in the Upper West neighborhood. This 1,705 square foot home, which was built in 1929, sits on a 0.11 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 01, 2024 and is currently priced at $120,000.

In October 2024 more than 125 listings in Detroit, MI were sold above the asking price. During the same period more than 93 listings were sold at asking price, while more than 257 were sold below. Between September 2024 and October 2024, Detroit, MI real estate market has seen increase in the number of listings by 11.2%. Listings spent 45 days on the market in October 2024, and had a median list price of $85,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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