18967 Cherrylawn St, Detroit, MI 48221

3 beds, 1 bath, 796 sqft
Sold: $22,000
Sold on 08/02/13
Zestimate®: $56,292
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My Notes
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Nice 3/1 single family home in a good neighborhood. The Property is currently occupied, rented at $820 per month, This is a great investment opportunity. Property is sold as-is. Contact: Zac Hinde - 888-321-1253 zachinde@buypd.com
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178 forecasted views of this home
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Facts
  • Lot: 3,920 sqft
  • Single Family
  • Built in 1936
  • Cooling: Central
  • Heating: Forced air
  • Last sold: Aug 2013 for $22,000
  • Price/sqft: $28
Features
  • Finished basement, 796 sqft
  • Fireplace
  • Parking: Garage - Detached, 2 spaces, 360 sqft
Construction
  • Exterior material: Brick
  • Roof type: Other
  • # Stories: 2.0
  • Structure type: Colonial
Other
  • Floor size: 796 sqft
  • Lot depth: 115
  • Lot width: 35
  • Parcel #: 16033180
  • Zillow Home ID: 88299597
Home Values
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$56,292
-$5,434 Last 30 daysd
$42K
$68K
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The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$800/mo
-$2 Last 30 daysd
$704
$944
Zestimate range
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Neighborhood for 18967 Cherrylawn Street

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Zillow predicts 48221 home values will rise 1.2% next year, compared to a 0% rise for Detroit as a whole. Among 48221 homes, this home is valued 23.7% more than the midpoint (median) home, but is valued 20.6% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In the 48221 market, the number of foreclosures waiting to be sold decreased 130.7% in the last year. The number of unsold foreclosures is 49.1% greater than in Detroit, and 620.9% higher than the national average. This higher local number may prevent 48221 home values from rising as quickly as other regions in Detroit.

Learn more about forecast calculations or 48221 home values.
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