2 months on rocket

15867 Cherrylawn St, Detroit, MI, 48238

$125,000

Home List Price

$1,484*

Closing Credit

2 Full Baths
2,000 SqFt
$63/SqFt
Multi

Location

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15867 Cherrylawn St, Detroit$125,000

Buyer Closing Credits

$1,484*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOneCarGarage
Garage1 space
Year Built1927
HeatingHot Water, Natural Gas
BasementYes
MLS #20240072693
Lot Size0.09 Acres
StatusActive

About 15867 Cherrylawn St

Attention investors! Here is the ideal income producing brick duplex on the popular west side. This property has updated units and long term MONTH TO MONTH tenants that each pay gas/electric and cable. Both units have hardwood floors and original plasterwork. Property has been maintained inside and out and both tenants are in good standing. LAND CONTRACT OPTION AVAILABLE please call for details.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1927
  • Living Area: 2,000 SqFt

Listing Office:

  • Office Name: RE/MAX Leading Edge
  • Office Phone: (313) 277-7777
  • Listing Agent: Heather Dell

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Exterior Information:

  • Exterior: Balcony

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: OneCarGarage

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Hot Water, Natural Gas

Other

Directions Information:

  • Directions: Cherrylawn between Puritan and Pilgrim

Price Information

Listing Price Info

Price Summary:

  • List Price: $125,000
  • Price Per SqFt: $63/SqFt

Tax Information:

  • Annual Amount: $1,072
  • Tax Year: 2021
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Housing Market Comparison

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

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Detroit, MI

City

Med. Sold Price

$85K

Med. Price/SqFt

$67

Avg. Days On Market

49

# of Sold Homes

396

15867 Cherrylawn St vs Detroit

82 DAYS ON ROCKET

+33 Days

$125,000

+$39.9K More

$63/SqFt

-$5 Less

KEY TAKEAWAY

This property is $39.9K more than the Median Sold Price and $5/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: #20240072693

Listing Office:

  • Office Name: RE/MAX Leading Edge
  • Office Phone: (313) 277-7777
  • Listing Agent: Heather Dell

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: 12/17/2024, 8:21:11 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 23, 2021Home Sold
$65,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,072$22,900
2020$1,275$20,600
2018$1,275$14,500
2017$1,269$12,200

History based on county public records data.

Payment Calculator

$691

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$441

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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-4230696
1
/10

  • Adamsyoung Building

  • 13130 Grove St

  • 1.10 miles

  • Public Charter Grades KG-5

school-card-donut-4230697
3
/10

  • Bagley Elementary School of Journalism and Technology

  • 8100 Curtis St

  • 1.12 miles

  • Public District Grades PK-6

school-card-donut-4230698
1
/10

  • Coleman A. Young Elementary School

  • 15771 Hubbell St

  • 1.78 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,884. Typical income of Detroit, MI residents is less than $35k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48238›15867 Cherrylawn St

This home is located at 15867 Cherrylawn St in Detroit, MI and zip code 48238 in the Fitzgerald neighborhood. This 2,000 square foot home, which was built in 1927, sits on a 0.09 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $125,000.

While more than 94 listings in Detroit, MI in November 2024 were sold above asking price, there were more than 55 listings sold at asking price, and more than 247 were sold below. The number of listings in Detroit, MI increased by 2% between October 2024 and November 2024. In November 2024, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $85,016.

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

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