Large Location Icon

10040 Forrer St; Detroit, MI Property Details

10040 Forrer St, Detroit, MI is a Single Family that was built in 1941. This property is currently a cash purchase and is not for sale. Our records show that 10040 Forrer St has 2 bedrooms, and 1 bathroom, and a total of 704 square feet. The lot size of 10040 Forrer St is 4,356 square feet.

Off market
10040 Forrer St Detroit, MI 48227
$1,500 Listing Price
2 Beds
1 Baths
704 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1941
  • Purchase Price: $7,100
  • Open Loans / Balance: 1 / $32,704
  • Est. Equity / %: $50,296 / 60.6%
  • Inv. Liens: 1
  • Gross Yield: 10.786%
  • APN: 22053749.
  • Situs County: Wayne
  • Length Of Ownership: 8 years, 8 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Stories: 1
  • Exterior Wall Type: Other
  • Building Quality: C
  • Roof Type: Gable
  • Porch Type: Covered

Measurements

  • Total: 704/SqFt
  • Lot: 4,356/SqFt
  • Garage: 280/SqFt
  • Living: 704/SqFt
  • Basement: 678/SqFt
  • Building: 704/SqFt
  • Ground: 678/SqFt
  • Basement Unfinished: 678/SqFt
  • Price Per Square Foot: $10.09

Legal Description

  • Description: E FORRER 461 FRISCHKORNS DYNAMIC SUB L48 P66 PLATS, W C R 22/194 35 X 125
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Detroit Public Schools Community District
  • Lat / Lon: 42.369827 / -83.200714
  • Subdivision: Frischkorns Dynamic
  • Property Class: Residential
  • Zoning: R1
  • County Use Code: 401

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1626
  • Bathroom Fixtures: 3
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 1

HOA

  • H O A One Type: Home Owner Association

Ownership Info

10040 Forrer St has no associated ownership info
10040 Forrer St has no associated ownership info.

Taxes

10040 Forrer St has 8 associated Taxes items

10040 Forrer St, Detroit, MI pays taxes in Wayne County, MI. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $16,600. The APN we've located for 10040 Forrer St is 22053749..

Unlock the full report
Taxes
  • Assessed Value:  $16,600
  • Assessed Year:  2026
  • Assessed County:  Wayne
  • APN:  22053749.
  • Tax Amount:  1741
  • Tax Year:  2025
  • Market Value:  33200
  • Market Year:  2026

Tax History

10040 Forrer St has 15 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $16,600 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $1,741 Change Rate +0.012828% Assessed CR Tax Rate
Year 2024 Assessed Value $19,500 Land Value Improvement Value Tax Amount $1,718.95 Change Rate +0.713569% Assessed CR Tax Rate +0.088151%
Year 2023 Assessed Value $15,400 Land Value Improvement Value Tax Amount $1,003.14 Change Rate +1.238852% Assessed CR Tax Rate +0.065139%
Year 2022 Assessed Value $12,900 Land Value Improvement Value Tax Amount $448.06 Change Rate -0.674046% Assessed CR Tax Rate +0.034733%
Year 2021 Assessed Value $9,800 Land Value Improvement Value Tax Amount $1,374.61 Change Rate -0.00974% Assessed CR Tax Rate +0.140266%
Year 2020 Assessed Value $10,200 Land Value Improvement Value Tax Amount $1,388.13 Change Rate +0.038017% Assessed CR Tax Rate +0.136091%
Year 2019 Assessed Value $9,000 Land Value Improvement Value Tax Amount $1,337.29 Change Rate +0.476298% Assessed CR Tax Rate +0.148588%
Year 2018 Assessed Value $7,700 Land Value Improvement Value Tax Amount $905.84 Change Rate +6.026373% Assessed CR Tax Rate +0.117642%
Year 2017 Assessed Value $6,800 Land Value Improvement Value Tax Amount $128.92 Change Rate Assessed CR Tax Rate +0.018959%
Year 2016 Assessed Value $12,300 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $12,300 Land Value Improvement Value Tax Amount $1,230 Change Rate -0.287782% Assessed CR Tax Rate +0.1%
Year 2013 Assessed Value $17,270 Land Value Improvement Value Tax Amount $1,727 Change Rate -0.105941% Assessed CR Tax Rate +0.1%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $1,931.64 Change Rate Assessed CR Tax Rate
Year 2010 Assessed Value $24,745 Land Value $685 Improvement Value $24,060 Tax Amount Change Rate Assessed CR Tax Rate