Photo 1 of 7128 Cherokee AVE
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Active · MLS #20261088996
$99,900 3 bd1 ba965 sqft

7128 Cherokee AVE , Taylor, MI 48180

Est. $984/mo with current taxes · · See the breakdown

TypeSingle family residence
Built1939
Lot0.15 acres
Price/sqft$104
On market0 days

About this home

CLEAN 3 BEDROOM BUNGALOW! CLOSE TO SHOPPING AND SCHOOLS! AS IS SALE! LAND CONTRACT TERMS AVAILABLE! ALL DATA IS APPROXIMATE. BUYERS AGENT TO VERIFY ALL INFORMATION.

Monthly payment

$984per month
Principal & interest$568
Property tax, current$175
Homeowners insurance$200
Mortgage insurance (PMI)$41

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$99,900
Beds3
Baths1 full
Square feet965
TypeSingle family residence
SubdivisionWATSON ECORSE SUB
CountyWayne
MLS #20261088996
Listed2026-11-03
Days on market0
Year built1939
PossessionAt closing
Stories1.5 stories
HeatingForced air, Natural gas
FoundationSlab
Water / SewerCity water & sewer
Parcel number60022010081300
Listing officeRE/MAX Team 2000

Property taxes: the seller's bill vs. yours

This seller today You, the year after buying
Taxable value$30,434about $49,950
Yearly property tax$2,099about $2,490

Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $391 a year more than this seller pays. The assessor's state equalized value (SEV) is $51,800. 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 Taylor's 2025 homestead rate of 49.84 mills and assumes you claim the homestead exemption. See Taylor'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 2026-11-04T01:25+00:00; refreshed at least twice daily.

$99,900Est. $984/mo
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