Photo 1 of 11701 Forrer ST
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Active · MLS #20261086790
$25,000 2 bd1 ba881 sqft

11701 Forrer ST , Detroit, MI 48227

Est. $689/mo with current taxes · · See the breakdown

TypeSingle family residence
Built1950
Lot0.1 acres
Garage2 spaces
Price/sqft$28
On market0 days

About this home

Great opportunity for investors or buyers seeking a starter home with potential! Property is being sold as-is, with unauthorized occupants currently residing in the home. Buyers to perform their own due diligence regarding occupancy and access.

Monthly payment

$689per month
Principal & interest$142
Property tax, current$336
Homeowners insurance$200
Mortgage insurance (PMI)$10

The tax line is the seller's current bill from the MLS. Michigan uncaps the taxable value the year after a sale, so tap See uncapped taxes for what a buyer will likely pay then. Insurance is a $2,400/yr placeholder and PMI 0.55% of the loan below 20% down. An estimate, not a loan quote.

The facts

Price$25,000
Beds2
Baths1 full
Square feet881
TypeSingle family residence
SubdivisionFRISCHKORNS WARREN GRAND
CountyWayne
MLS #20261086790
Listed2026-10-27
Days on market0
Year built1950
PossessionAt closing
Stories1 story
BasementUnfinished
HeatingForced air, Natural gas
FoundationBasement, Brick & mortar
Garage spaces2.0
Water / SewerCity water & sewer
Parcel numberW22I054641S
Listing officeRealtyflo Inc

Property taxes: the seller's bill vs. yours

This seller today You, the year after buying
Taxable value$19,400about $12,500
Yearly property tax$4,037about $802

Michigan caps a homeowner's taxable value until the home sells, then it resets. The assessor's state equalized value (SEV) is $19,400. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Detroit's 2025 homestead rate of 64.18 mills and assumes you claim the homestead exemption. See Detroit's full tax breakdown or run the uncapping calculator.

Location

IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-10-28T01:47+00:00; refreshed at least twice daily.

$25,000Est. $689/mo
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