2 months on rocket

13612 Forrer St, Detroit, MI, 48227

$50,000

Home List Price

$594*

Closing Credit

2 Bedrooms
1 Full Bath
1,116 SqFt
$45/SqFt
House
Schools Nearby

Location

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13612 Forrer St, Detroit$50,000

Buyer Closing Credits

$594*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1929
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240011479
Lot Size0.11 Acres
StatusActive

About 13612 Forrer St

PERFECT HOME FOR FIRST TIME HOME BUYERS AND INVESTORS! 2 BEDROOM BRICK COLONIAL WITH LOTS OF POTENTIAL, HARDWOOD FLOORS, LARGE LIVING ROOM AND FIREPLACE. HOME FEATURES NATURAL FIRE PLACE, FORMAL DINING ROOM, LARGE LIVING ROOM WITH PICTURE WINDOWS, NEWER WINDOWS THROUGHOUT INCLUDING BLOCK BASEMENT WINDOWS, LARGE BACK YARD, WITH PRIVACY FENCE. NEWER PLUMBING THROUGHOUT. SELLER IS A LICENSED REAL ESTATE AGENT. BUYER AGENTS MUST BE PHYSICALLY PRESENT FOR ALL SHOWINGS. ** LAND CONTRACT TERMS: 60K, DOWN PAYMENT 10K, 8% INTERAST RATE, $600 PER MONTH AND TERMS ARE NEGOTABLE. Highest and Best is due Tuesday April 30, 2024 at noon.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1929
  • Stories: 2
  • Living Area: 1,116 SqFt

Listing Office:

  • Office Name: Downtown Realty
  • Office Phone: (313) 466-7253
  • Listing Agent: Faith A Blythe

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: South of Schoolcraft and West of Greenfield.

Price Information

Listing Price Info

Price Summary:

  • List Price: $50,000
  • Price Per SqFt: $45/SqFt

Tax Information:

  • Annual Amount: $1,505
  • 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

$80.1K

Med. Price/SqFt

$69

Avg. Days On Market

49

# of Sold Homes

392

13612 Forrer St vs Detroit

60 DAYS ON ROCKET

+11 Days

$50,000

-$30.1K Less

$45/SqFt

-$25 Less

KEY TAKEAWAY

This property is $30.1K less than the Median Sold Price and $25/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: #20240011479

Listing Office:

  • Office Name: Downtown Realty
  • Office Phone: (313) 466-7253
  • Listing Agent: Faith A Blythe

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: 4/27/2024, 5:25:19 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$1,505$13,000
2020$981$11,000
2018$981$9,500
2017$977$8,400

History based on county public records data.

Payment Calculator

$317

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$216

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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-1040310
5
/10

  • Detroit Innovation Academy

  • 18211 Plymouth Rd

  • 1.40 miles

  • Public Charter Grades KG-6

school-card-donut-1040311
5
/10

  • Rutherford Winans Academy

  • 16411 Curtis St

  • 2.50 miles

  • Public Charter Grades PK-5

school-card-donut-1040312
5
/10

  • McCollough Elementary School

  • 7801 Maple St

  • 2.73 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 $21,667. Most Detroit, MI residents have annual incomes less than $35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 13612 Forrer St

What is the listing price of this property?

The listing price of 13612 Forrer St property is $50,000.

What type of property is this?

The property 13612 Forrer St is a house located in Detroit, Michigan, 48227.

Is this property for sale now?

Active Listing: 13612 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 $1,505 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 13612 Forrer St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 13612 Forrer St is 1,116 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 13612 Forrer St is 1929.

Rocket Homes›Michigan›Wayne County›Detroit›48227›13612 Forrer St

This home is located at 13612 Forrer St in Detroit, MI and zip code 48227 in the Upper West neighborhood. This 1,116 square foot home, which was built in 1929, sits on a 0.11 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 26, 2024 and is currently priced at $50,000.

In March 2024 more than 94 listings in Detroit, MI were sold above the asking price. During the same period more than 74 listings were sold at asking price, while more than 224 were sold below. The number of listings in Detroit, MI increased by 10.7% between February 2024 and March 2024. In March 2024 median list price was $80,163 and the average listing age was 49 days.

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

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