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Sold for $80,000
  • $80,000

    15716 Cherrylawn St, Detroit, MI 48238

    4beds
    1,296sqft
    Multi Family
    Built in 1927
    -- sqft lot
    $97,500 Zestimate®
    $62/sqft
    $1,264 Estimated rent

    Home value

    $97,500

    $78,000 - $120,000

    $1,264/mo

    Zestimate® history
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    What's special

    Welcome to an exceptional investment opportunity located in the Fitzgerald/Marygrove neighborhood! This vacant 2-unit multi-family property boasts 2 bedrooms in each unit, presenting a fantastic chance for income generation. Calling all investors to seize this prime deal and capitalize on its potential. With its promising layout, this property is ready to be transformed into a lucrative venture. Don't miss your chance to secure a great addition to your real estate portfolio!

    Zillow last checked:

    Listing updated:

    Listed by:

    Erick Monzo 586-210-3350,

    Keller Williams Realty-Great Lakes

    Bought with:

    Joseph Hammel, 6501422602

    Keller Williams Somerset

    Source: Realcomp II,MLS#: 20230069536MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air, Natural Gas
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,296 sqft
    • Finished area above ground: 1,296

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 3,484 Square Feet
    • Dimensions: 35.00 x 100.00
    Details
    • Parcel number: W16I032815S
    • Zoning description: MultiFamily
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Bungalow
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Basement, Poured
    Condition
    • New construction: No
    • Year built: 1927

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: UNIVERSITY MANOR
    Location
    • Region: Detroit

    Financial & listing details

    • Price per square foot: $62/sqft
    • Tax assessed value: $17,600
    • Annual tax amount: $1,779
    • Date on market: 8/17/2023
    • Cumulative days on market: 8 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    4/14/2026Listing removed$1,600$1/sqft
    Source: Zillow Rentals Report a problem
    1/15/2026Price change$1,600+77.8%$1/sqft
    Source: Zillow Rentals Report a problem
    1/8/2026Price change$900-7.7%$1/sqft
    Source: Zillow Rentals Report a problem
    11/5/2025Listing removed$110,000$85/sqft
    Source: Realcomp II #20251025013 Report a problem
    9/5/2025Listed for rent$975$1/sqft
    Source: Zillow Rentals Report a problem
    8/26/2025Price change$110,000-4.3%$85/sqft
    Source: Realcomp II #20251025013 Report a problem
    8/8/2025Listed for sale$115,000+43.8%$89/sqft
    Source: Realcomp II #20251025013 Report a problem
    7/28/2025Listing removed$975$1/sqft
    Source: Zillow Rentals Report a problem
    6/3/2025Price change$975+14.7%$1/sqft
    Source: Zillow Rentals Report a problem
    6/3/2025Listed for rent$850$1/sqft
    Source: Zillow Rentals Report a problem
    9/26/2023Sold$80,000-5.9%$62/sqft
    Source: Realcomp II #20230069536 Report a problem
    9/14/2023Pending sale$85,000$66/sqft
    Source: Realcomp II #20230069536 Report a problem
    8/25/2023Contingent$85,000$66/sqft
    Source: Realcomp II #20230069536 Report a problem
    8/23/2023Price change$85,000-5.6%$66/sqft
    Source: Realcomp II #20230069536 Report a problem
    8/17/2023Listed for sale$90,000-14.2%$69/sqft
    Source: Realcomp II #20230069536 Report a problem
    6/10/2021Sold$104,900+274.6%$81/sqft
    Source: Public Record Report a problem
    4/29/2021Sold$28,000-14.9%$22/sqft
    Source: Public Record Report a problem
    4/15/2021Pending sale$32,900+2.8%$25/sqft
    Source: Realcomp II #2210018786 Report a problem
    2/1/2021Listing removed$32,000$25/sqft
    Source: MiRealSource #40126483 Report a problem
    1/18/2021Price change$32,000-20%$25/sqft
    Source: MiRealSource #40126483 Report a problem
    12/27/2020Price change$40,000-11.1%$31/sqft
    Source: BELE Realty Inc #2200096425 Report a problem
    11/25/2020Listed for sale$45,000+651.3%$35/sqft
    Source: BELE Realty Inc #2200096425 Report a problem
    10/8/2019Sold$5,990+30.2%$5/sqft
    Source: Public Record Report a problem
    9/4/2019Price change$4,600-17.9%$4/sqft
    Source: Vylla Home #219026854 Report a problem
    8/28/2019Listed for sale$5,600$4/sqft
    Source: Vylla Home #219026854 Report a problem
    8/28/2019Pending sale$5,600$4/sqft
    Source: Vylla Home #219026854 Report a problem
    8/28/2019Listed for sale$5,600-25.3%$4/sqft
    Source: Vylla Home #219026854 Report a problem
    7/14/2019Listing removed$7,500-52.4%$6/sqft
    Source: Vylla Home #219026854 Report a problem
    11/14/2018Sold$15,750$12/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $27,800 +22.5%
    2024-- $22,700 +29%
    2023-- $17,600 +23.9%
    2022-- $14,200 +9.2%
    2021-- $13,000
    2020$485 -43.4%$13,000 +34%
    2019$858 $9,700 +15.5%
    2018$858 $8,400 +20%
    2017-- $7,000 -65%
    2016$1,393 $20,000 +86.9%
    2015$1,393 -2.3%$10,700 -29%
    2013$1,425 +2.3%$15,071 -30.2%
    2010$1,393 $21,594 -12%
    2009-- $24,539 -14.5%
    2008-- $28,700
    2007-- $28,700 +5.5%
    2005$143 $27,204 +3%
    2004-- $26,412
    Find assessor info on the county website

    Neighborhood: Fitzgerald

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $97,500
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $97,500