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16861 Forrer St, Detroit, MI, 48235

$98,800

Home List Price

$1,173*

Closing Credit

2 Bedrooms
1 Full Bath
708 SqFt
$140/SqFt
House

Location

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16861 Forrer St, Detroit$98,800

Buyer Closing Credits

$1,173*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1941
HeatingNatural Gas, Forced Air
BasementYes
FireplaceLiving Room
MLS #20240058650
Lot Size0.14 Acres
StatusActive

About 16861 Forrer St

Finally, the home you’ve been waiting for: A turn-key, affordable two-bedroom home. In the same family for 50+ years, this home has been lovingly cared for and well-maintained, now beautifully and elegantly remodeled. A vigilant neighborhood watch committee assists in making this a safe place to call home. The moment you walk up, you will be taken by the home’s unique charm. The manicured lawn and thoughtfully-planned landscaping can be appreciated throughout the seasons. Pet-friendly fenced backyard with a lockable gate. Entering from the front, you will step onto the new black satin ceramic tile that matches the fireplace hearth. The floor in the living room and hallway is new Espresso Brazil Oak ¾” thick X 2 ¼” wide solid hardwood flooring. All rooms freshly painted. All window treatments, blinds, drapes and shades are brand new. Most rooms have new lighting fixtures installed. Selected furnishings can remain with the home for the new owner to enjoy, if desired. The full kitchen remodel consists of cherry wood cabinets with a laminate countertop, tiled backsplash behind the countertop as well as above the stove area, stainless steel sink and pulldown faucet. The kitchen floor is new Rainier cherry vinyl plank with pad on the back for comfort, as is the basement landing. The kitchen has a built-in shelving unit. New dishwasher and garbage disposal. There is a ceiling fan in the kitchen and one of the bedrooms. The floor in both bedrooms is new Stampede Beech engineered hardwood 3/8” thick X 5” wide. The hallway has a built-in linen closet and recessed nook. A new ceramic tile floor, toilet, floating vanity, sink and faucet were installed in the bathroom. The cozy finished basement has new red oak vinyl plank flooring installed, and offers two main areas that could be used for entertainment space, a study area, etc., in addition to three additional storage areas. Seller provided all information. 24 hour notice for tours

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1941
  • Stories: 1
  • Living Area: 708 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty-GPF
  • Office Phone: (313) 886-4200
  • Listing Agent: Andre Hardy

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: S of McNichols / W of Greenfield

Price Information

Listing Price Info

Price Summary:

  • List Price: $98,800
  • Price Per SqFt: $140/SqFt

Tax Information:

  • Annual Amount: $584
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$85K

Med. Price/SqFt

$73

Avg. Days On Market

45

# of Sold Homes

475

16861 Forrer St vs Detroit

104 DAYS ON ROCKET

+59 Days

$98,800

+$13.8K More

$140/SqFt

+$66 More

KEY TAKEAWAY

This property is $13.8K more than the Median Sold Price and $66/SqFt more 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: #20240058650

Listing Office:

  • Office Name: Coldwell Banker Realty-GPF
  • Office Phone: (313) 886-4200
  • Listing Agent: Andre Hardy

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, 2:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$584$16,100
2020$1,025$14,000
2018$1,025$9,500
2017$1,021$8,900

History based on county public records data.

Payment Calculator

$561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$363

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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-498550
1
/10
  • Coleman A. Young Elementary School

  • 15771 Hubbell St

  • 0.88 miles

  • Public District Grades PK-5

school-card-donut-498551
1
/10
  • Cooke STEM Academy

  • 18800 Puritan St

  • 1.28 miles

  • Public District Grades KG-5

school-card-donut-498552
3
/10
  • Edison Elementary School

  • 17045 Grand River Ave

  • 1.31 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,087. The majority of Detroit, MI residents have income less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16861 Forrer St

What is the listing price of this property?

The listing price of 16861 Forrer St property is $98,800.

What type of property is this?

The property 16861 Forrer St is a house located in Detroit, Michigan, 48235.

Is this property for sale now?

Active Listing: 16861 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 $584 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 16861 Forrer St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 16861 Forrer St is 708 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16861 Forrer St is 1941.

Rocket HomesMichiganWayne CountyDetroit4823516861 Forrer St

This home is located at 16861 Forrer St in Detroit, MI and zip code 48235 in the Upper West neighborhood. This 708 square foot home, which was built in 1941, sits on a 0.14 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 09, 2024 and is currently priced at $98,800.

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%. The median list price of listings available in October 2024 was $85,000, while the average time on the real estate market was 45 days.

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

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