Sold
18947 Cherrylawn Street, Detroit, MI 48221
Sold on 05/08/2026 for$110,000
MLS # 20261014424 (Realcomp)
3 beds1 bath1,460 sqftBuilt 19370.09 acres
1 / 18
Listing Description
Charming Brick Colonial in Detroit’s Desirable University District | 2-Car Garage | Priced to SellOpportunity awaits in the highly sought-after University District. This classic brick Colonial offers timeless character, solid bones, and incredible potential for the right buyer or investor ready to add their personal touch.Featuring spacious living areas with abundant natural light, a large living room with fireplace, formal dining space, and a generously sized kitchen with ample cabinet storage, this home provides a functional layout ideal for both everyday living and entertaining. Upstairs you will find well-proportioned bedrooms and a full bath, offering comfortable space throughout.The property also includes a detached 2-car garage and a private backyard, perfect for additional storage, parking, or outdoor enjoyment.Home needs some updates and cosmetic work but is priced accordingly, making it an excellent value-add opportunity for homeowners, investors, or renovation enthusiasts looking to build equity in one of Detroit’s most established neighborhoods.Conveniently located near shopping, dining, schools, and major freeways.Sold as-is. Priced to sell. Don’t miss this opportunity.BATVAI
Source: SparkMLS
About this home
3-bedroom, 1-bath, 1,460 sq ft home in Bagley in Detroit built in 1937.
Closed at $110,000 (about $75/sq ft).
Annual property taxes run approximately $3,832 ($319/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms1
Living Area1,460 sqft
Lot Size0.09 acres
Year Built1937
Stories2
Location
CityDetroit
Zip Code48221
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed3/5/2026
Sold Date5/7/2026
Original Price$174,000
Terms AcceptedCash, Conventional, FHA, Rural Development, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$5,970
Tax Year2025
State Equalized Value$59,700
Assessed Value$59,700
Parcel #16033183.
Source: Public Records
Legal Description
W CHERRYLAWN 30 BURGHARDTS SUB L42 P62 PLATS, W C R 16/285 35 X 114.79A
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Joe Jomaa
Keller Williams Legacy
Frequently Asked Questions about 18947 Cherrylawn Street, Detroit, MI 48221
Which school district serves 18947 Cherrylawn Street, Detroit, MI 48221?
Per MLS# 20261014424, 18947 Cherrylawn Street, Detroit, MI 48221 is in the Detroit boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit directly to confirm enrollment eligibility.
What financing options are available for 18947 Cherrylawn Street, Detroit, MI 48221?
Per MLS# 20261014424, this listing accepts Cash, Conventional, FHA, Rural Development, VA Loan financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 18947 Cherrylawn Street, Detroit, MI 48221?
Per public tax records, annual property taxes for this property are $3,175. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 18947 Cherrylawn Street, Detroit, MI 48221 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 18947 Cherrylawn Street, Detroit, MI 48221 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 18947 Cherrylawn Street, Detroit, MI 48221?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Map
Tax Estimate
$
Annual tax$3,832
Monthly$319
Millage rate64.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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%
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Monthly payment$1,227
Principal & interest$908
Property taxes$319
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
18947 Cherrylawn Street, Detroit, MI 48221
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Neighborhood
Bagley
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Community
Detroit
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County
Wayne County
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