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Sold for $40,000
  • $40,000

    15725 Cherrylawn St, Detroit, MI 48238

    5beds
    1,188sqft
    Single Family Residence
    Built in 1927
    3,484 Square Feet Lot
    $40,000 Zestimate®
    $34/sqft
    $1,592 Estimated rent

    Home value

    $40,000

    $38,000 - $43,000

    $1,592/mo

    Zestimate® history
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    What's special

    Investor Special! Bring your vision to this spacious 5-bedroom, 2-bath home in Detroit's Fitzgerald neighborhood. Offering generous living space and a functional floor plan, this property is an excellent opportunity for investors, flippers, or landlords looking to add value. The home features large room sizes, a full basement, and plenty of original character ready to be restored. Located in the Fitzgerald neighborhood, the property is just minutes from the Livernois Avenue of Fashion, University of Detroit Mercy, Marygrove Conservancy, major freeways, shopping, dining, and other neighborhood amenities. The area has seen continued public and private investment, making it an attractive location for long-term appreciation. Whether you're planning a full renovation, fix-and-flip, or buy-and-hold investment, this property offers outstanding potential. Sold as-is. Buyer to verify all information.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mikhail Grigoryan 313-888-6060,

    Detroit Progress Realty LLC

    Bought with:

    Mikhail Grigoryan, 6502425564

    Detroit Progress Realty LLC

    Source: Realcomp II,MLS#: 20261054154MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Bedroom
    • Level: Entry
    • Area: 144
    • Dimensions: 12 X 12
    Bedroom
    • Level: Entry
    • Area: 110
    • Dimensions: 11 X 10
    Bedroom
    • Level: Second
    • Area: 100
    • Dimensions: 10 X 10
    Bedroom
    • Level: Second
    • Area: 110
    • Dimensions: 11 X 10
    Bedroom
    • Level: Second
    • Area: 110
    • Dimensions: 11 X 10
    Other
    • Level: Entry
    Other
    • Level: Second
    Dining room
    • Level: Entry
    • Area: 144
    • Dimensions: 12 X 12
    Kitchen
    • Level: Entry
    • Area: 156
    • Dimensions: 13 X 12
    Living room
    • Level: Entry
    • Area: 180
    • Dimensions: 15 X 12
    Heating
    • Forced Air, Natural Gas
    Features
    • Basement: Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,188 sqft
    • Finished area above ground: 1,188

    Property

    Parking
    • Parking features: No Garage
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: GroundLevelwSteps
    • Pool features: None
    Lot
    • Size: 3,484 Square Feet
    • Dimensions: 35 x 101.89
    Details
    • Parcel number: W16I033349S
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Foundation: Basement, Block
    Condition
    • New construction: No
    • Year built: 1927

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: UNIVERSITY MANOR
    HOA
    • Has HOA: No
    Location
    • Region: Detroit

    Financial & listing details

    • Price per square foot: $34/sqft
    • Tax assessed value: $8,240
    • Annual tax amount: $1,575
    • Date on market: 7/14/2026
    • Cumulative days on market: 8 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Warranty Deed

    Price history

    DateEventPrice
    8/3/2026Sold$40,000-20%$34/sqft
    Source: Realcomp II #20261054154 Report a problem
    7/14/2026Listed for sale$50,000+747.5%$42/sqft
    Source: Realcomp II #20261054154 Report a problem
    3/2/2017Listing removed$5,900$5/sqft
    Source: Dream Realty Company #216100240 Report a problem
    10/18/2016Listed for sale$5,900-70.4%$5/sqft
    Source: Dream Realty Company #216100240 Report a problem
    10/13/2015Listing removed$19,900$17/sqft
    Source: Dream Realty Company #215032342 Report a problem
    5/8/2015Listed for sale$19,900-50.2%$17/sqft
    Source: Dream Realty Company #215032342 Report a problem
    10/15/2013Listing removed$1,000$1/sqft
    Source: Discount Banker Realty Report a problem
    8/11/2013Listed for rent$1,000$1/sqft
    Source: Discount Banker Realty Report a problem
    4/29/2013Listing removed$1,000$1/sqft
    Source: Discount Banker Realty Report a problem
    1/29/2013Listed for rent$1,000$1/sqft
    Source: Discount Banker Realty Report a problem
    4/24/2011Listing removed$40,000$34/sqft
    Source: Keller Williams - Great Lakes #31029541 Report a problem
    10/25/2010Price change$40,000+33.8%$34/sqft
    Source: KELLER WILLIAMS GREAT LKS RLTY #210122128 Report a problem
    9/18/2010Price change$29,900-40.1%$25/sqft
    Source: REAL ESTATE MANAGEMENT SPECIALISTS INC #210097174 Report a problem
    8/23/2010Listed for sale$49,900-28.7%$42/sqft
    Source: REAL ESTATE MANAGEMENT SPECIALISTS INC #210097174 Report a problem
    11/21/2009Listing removed$70,000$59/sqft
    Source: Keller Williams Farmington Hills #29009247 Report a problem
    6/18/2009Listed for sale$70,000+723.5%$59/sqft
    Source: Keller Williams Farmington Hills #29009247 Report a problem
    2/11/2008Sold$8,500-77.8%$7/sqft
    Source: Public Record Report a problem
    9/12/2007Sold$38,250-55.5%$32/sqft
    Source: Public Record Report a problem
    10/4/2006Sold$86,000$72/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $25,700 +22.4%
    2024-- $21,000 +28.8%
    2023-- $16,300 +23.5%
    2022-- $13,200 +9.1%
    2021-- $12,100
    2020$1,057 +52.5%$12,100 +34.4%
    2019$693 $9,000 +16.9%
    2018$693 $7,700 +18.5%
    2017-- $6,500 -65.1%
    2016$2,195 $18,600 +31%
    2015$2,195 +10%$14,200 -28.9%
    2013$1,996 -9.1%$19,960 -30.2%
    2010$2,195 $28,599 -12%
    2009-- $32,499 -14.5%
    2008-- $38,010
    2007-- $38,010 +5.5%
    2005$99 $36,028 +3%
    2004-- $34,979
    Find assessor info on the county website

    Neighborhood: Fitzgerald

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $40,000
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    Estimated market value
    $40,000