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18506 Cherrylawn St, Detroit, MI, 48221

$275,000

Home List Price

$3,266*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,872 SqFt
$147/SqFt
House

Location

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18506 Cherrylawn St, Detroit$275,000

Buyer Closing Credits

$3,266*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached
Garage1 space
Year Built1938
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
FireplaceNatural, Living Room
MLS #20240078177
Lot Size0.11 Acres
StatusActive

About 18506 Cherrylawn St

Welcome to this beautifully renovated 3-bedroom, 1.5-bath colonial, located in the heart of the sought-after Scherer Gardens neighborhood. Every detail of this home has been thoughtfully updated, from the bright and airy kitchen with granite countertops, new cabinets, ceramic tile flooring, and stainless-steel appliances, to the open-flow design connecting the dining area and cozy living room with a natural fireplace—ideal for hosting family and friends. The home showcases newly refinished hardwood floors, fresh carpeting, and modernized bathrooms, with the added convenience of a second-floor laundry. The partially finished basement includes a home theater (with chairs included) and ample storage. Step outside to enjoy the covered porch and back patio, along with a 1-car detached garage. This is your chance to own a move-in-ready gem in a prime location! Schedule a showing today. All kitchen appliances are included. Excluded: Ring doorbell, security cameras, washer and dryer, and ADT keypad. BABATVAI

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1938
  • Stories: 2
  • Living Area: 1,872 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Kee Realty Bham
  • Office Phone: (248) 646-6200
  • Listing Agent: Mark Kent

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Electric Oven, Refrigerator, Microwave
  • Basement: Yes
  • Interior: Cable Available, Circuit Breakers
  • Fireplace: Natural, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 1 space
  • 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: E on 7 Mile from Wyoming, S on Cherrylawn to home

Price Information

Listing Price Info

Price Summary:

  • List Price: $275,000
  • Price Per SqFt: $147/SqFt

Tax Information:

  • Annual Amount: $1,250
  • 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

$73

Avg. Days On Market

45

# of Sold Homes

475

18506 Cherrylawn St vs Detroit

37 DAYS ON ROCKET

-8 Days

$275,000

+$190K More

$147/SqFt

+$73 More

KEY TAKEAWAY

This property is $190K more than the Median Sold Price and $73/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: #20240078177

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Kee Realty Bham
  • Office Phone: (248) 646-6200
  • Listing Agent: Mark Kent

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, 6:20:52 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

Mar 12, 2021Home Sold
$55,000
Oct 20, 2011Home Sold
$15,500

Tax History

YEARPROP. TAXASSESSMENT
2021$1,250$35,000
2020$816$28,900
2018$816$20,300
2017$812$19,800

History based on county public records data.

Payment Calculator

$1,440

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$891

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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-538929
3
/10

  • Bagley Elementary School of Journalism and Technology

  • 8100 Curtis St

  • 0.24 miles

  • Public District Grades PK-6

school-card-donut-538930
2
/10

  • Pasteur Elementary School

  • 19811 Stoepel St

  • 0.96 miles

  • Public District Grades PK-6

school-card-donut-538931
1
/10

  • Adamsyoung Building

  • 13130 Grove St

  • 1.32 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,783. Residents of Detroit, MI typically earn less than $35k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 18506 Cherrylawn St

What is the listing price of this property?

The listing price of 18506 Cherrylawn St property is $275,000.

What type of property is this?

The property 18506 Cherrylawn St is a house located in Detroit, Michigan, 48221.

Is this property for sale now?

Active Listing: 18506 Cherrylawn 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 $1,250 (source: MLS/based on county public records data).

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

The last sale was on March 12, 2021 for $55,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 18506 Cherrylawn St has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 18506 Cherrylawn St is 1,872 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 18506 Cherrylawn St is 1938.

Rocket Homes›Michigan›Wayne County›Detroit›48221›18506 Cherrylawn St

This home is located at 18506 Cherrylawn St in Detroit, MI and zip code 48221 in the Bagley neighborhood. This 1,872 square foot home, which was built in 1938, sits on a 0.11 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $275,000.

While more than 125 listings in Detroit, MI in October 2024 were sold above asking price, there were more than 93 listings sold at asking price, and more than 257 were sold below. In October 2024 in Detroit, MI there were 11.2% more homes for sale than in September 2024. 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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