7870 Forest Street , Dexter, MI 48130
Est. $2,089/mo with current taxes · · See the breakdown
About this home
Welcome to 7870 Forest Street - a rare opportunity in the heart of downtown Dexter. Nestled on one of the most charming streets in town, this property puts you steps from everything Dexter has to offer. Forest Street is lined with classic Arts and Crafts homes and exudes the kind of character you simply can't manufacture. It is quiet, walkable, and in the heart of it all. The previous owner updated several key systems including drywall, electrical, insulation and more, giving your renovation a head start. Pop the top and add a second story. Vault the ceilings in the main living area for a dramatic open feel. Renovate and rent. Or scrape and build something entirely new on this extra deep 50x198 lot with a private backyard. The possibilities are as wide as your imagination. Either path lands you in a premium downtown location that rarely comes available. Bring your vision. The canvas is yours.
Monthly payment
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.The uncapped tax line is this home's bill after it uncaps: half the price times 48.90 mills, the 2025 homestead rate here. 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 | $275,000 |
| Beds | 3 |
| Baths | 1 full |
| Square feet | 886 |
| Type | Single family residence |
| Subdivision | — |
| County | Washtenaw |
| MLS # | 81026047724 |
| Listed | 2026-09-08 |
| Days on market | 4 |
| Year built | — |
| Basement | Full |
| Heating | Forced air, Natural gas |
| Foundation | Basement, Michigan basement |
| Water / Sewer | City water & sewer |
| Parcel number | 080806153037 |
| Listing office | Real Estate One Inc |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $38,586 | about $137,500 |
| Yearly property tax | $2,537 | about $6,724 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $4,187 a year more than this seller pays. The assessor's state equalized value (SEV) is $116,100. 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 Dexter's 2025 homestead rate of 48.90 mills and assumes you claim the homestead exemption. See Dexter's full tax breakdown or run the uncapping calculator.
Location
IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Greater Metropolitan Association of REALTORS, ©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 2026-11-03T10:57+00:00; refreshed at least twice daily.