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15485 Cherrylawn St, Detroit, MI, 48238

5beds
2baths
1,512sqft
$132,000
$87price/sqft
$1,422/moest. monthly cost
$56,880/yrincome needed

About This Home

Well-maintained five-bedroom, two-bath home offering generous space for a growing family or Section 8 rental. Features include a bright living room with original hardwood floors, formal dining area, and updated kitchen with modern cabinetry. The upper level provides additional bedrooms ideal for multi-generational living or home office use. Basement offers storage and laundry area with potential for finishing. Conveniently located near schools, parks, and major transit routes — a solid investment opportunity or comfortable long-term residence. Property was recently appraised at $132,000 but all reasonable offers will be considered. 48 hour notice is needed for showings.

Getting Around

41
WalkingCar-Dependent
41
TransitSome Transit
35
BikeSomewhat Bikeable

Schools

4/10
Mumford High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1927

Materials

  • Foundation: Basement,Block
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedroom

  • Level: Entry
  • Area: 100
  • Dimensions: 10 X 10

Bedroom

  • Level: Second
  • Area: 100
  • Dimensions: 10 X 10

Bedroom

  • Level: Entry
  • Area: 100
  • Dimensions: 10 X 10

Bedroom

  • Level: Entry
  • Area: 100
  • Dimensions: 10 X 10

Bedroom

  • Level: Second
  • Area: 100
  • Dimensions: 10 X 10

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Finished area above ground: 1,512

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total interior livable area: 1,512 sqft

Kitchen

  • Level: Entry
  • Area: 100
  • Dimensions: 10 X 10

Living Room

  • Level: Entry
  • Area: 140
  • Dimensions: 14 X 10

Other

  • Level: Entry
  • Area: 63
  • Dimensions: 9 X 7

Other

  • Level: Second
  • Area: 80
  • Dimensions: 10 X 8

Property

Details

  • Parcel number: W16I033358S
  • Special condition: Short Sale No,Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: GroundLevelwSteps
  • Pool features: None

Lot

  • Lot size: 3,049 sqft
  • Lot size dimensions: 30 x 100

Parking

  • Parking features: No Garage

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Strong Wind
Tornado
Tsunami

FEMA Declared Disasters in Wayne County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $667$8,004
Home Insurance *$406$4,872
Property Taxes $161$1,932
Electricity $188$2,259
Total$1,422$17,064
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$48,754/yr
40% on housing$42,660/yr
45% on housing$37,920/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$87This listing

vs Other Active Listings

Avg $/sqft

ZIP 48238$57
Wayne County$99

vs Homes Sold Last Month

Median $/sqft

ZIP 48238$59
Wayne County$129

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-10Listed for sale$132,000
2025-05-05Listing removed$2,195
2025-04-19Listed for rent$2,195
2025-04-18Listing removed$1,450
2025-04-10Listing removed$119,350
2025-03-04Price change$1,450
2025-01-10Price change$1,700
2024-11-16Listed for rent$2,000
2024-11-07Listing removed$1,895
2024-08-31Listed for rent$1,895
2024-04-01Sold$113,350
2024-01-07Listed for sale$119,350
2024-01-03Listing removed--
2023-12-31Price change$119,350
2023-11-17Price change$119,500
2023-11-15Listed for sale$124,900
2023-11-15Pending sale$124,900
2023-10-26Listed for sale$124,900
2023-09-05Pending sale$124,900
2023-08-23Listed for sale$124,900
2023-01-24Sold$47,000
2019-03-29Sold$4,000
2019-02-05Price change$6,000
2019-01-31Price change$8,500
2018-12-29Price change$9,300
2018-12-06Price change$9,500
2018-11-01Listed for sale$9,900

For Sale by Agent

AgentPhillip VanBuren
BrokerageHome Negotiators LLC

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