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Dexter 48130
7715 Forest
$283,250
● House - Off Market

7715 Forest

Dexter, MI 48130
bedrooms
4 Beds
bathrooms
4 Baths
square feet
1,844 Ft²
$402,752
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

**Entered for comp purposes only** Property is SOLD.4 bedroom, 2.5 bath home with detached garage in downtown Dexter. Cute charm and character. Just over a half acre lot fenced in blocks from downtown. Good bones and layout but sale price is reflective of repairs needed. Full basement.,   Primary Bath
Unit Size
1,844 Ft²
Days on Market
-
Land Size
-
Price per sqft
$154
Property Type
House
Property Taxes
$524
HOA Dues
-
Year Built
1942

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MichRIC MLS #51435)

Price History

Date / Event Date Event Price
Apr 22, 2020 Sold
Premium
Sold
Apr 13, 2020 Listed by Howard Hanna $283,250
Listed by Howard Hanna

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 822
  • Garage Type: 7
  • Garage Square Area: 658
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,998
  • Lot Size Depth Feet: 600
  • Lot Size Frontage Feet: 1,270
  • Total Building Area: 1,844
  • Building Area: 1,844
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,844
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ORIGINAL PLAT OF THE VILLAGE OF DEXTER
  • Land Acres: 0000000505
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT NE COR OF LOT 1, TH S 64-38 W 148.29 FT, TH N 27-41-18 W 92.29 FT, TH N43-50 E 107 FT, TH S 47 E 141.15 FT TO THE POB.

Neighborhood

  • School District Name: Dexter Community School District
  • School Tax School District: DEXTER
  • Census Tract: 454002

Zoning

  • Zoning: R-1B

Geography

  • District: 08
  • Parcel: 08-08-06-154-008
  • Block: 21
  • Lot: 1-2
  • Municipality: DEXTER CITY
  • Latitude: 42.3336
  • Longitude: -83.8851

    Address

  • Full Address: 7715 Forest St
  • Address - House Number: 7715
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: MI
  • City Name: Dexter
  • Carrier Code: C001
  • 4-Digit Zip Code: 1332
  • Zip Code: 48130

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $443,000
  • Tax Rate Code Area: 08

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 77
  • Final Value: 388,646
  • High Value: 456,893
  • Low Value: 320,398

    Market Valuation

  • Market Total Value: $320,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $160,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 04, 2020
  • Current Sale Recording Date: Apr 22, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6518146
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Dexter

Stats & Trends

Median Asking:

$464,950

Sale Price/ft²

$266

Above Asking

0.00%

Average Days on Market

43

Average Home Size

1504 ft²

Average Home Age

26.6 years

Currently For Sale

9 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MichRIC

Listed by: Jessica R Singer, Howard Hanna
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 51435
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 7715 Forest Street built and last sold?
The property at 7715 Forest Street was built in 1942 and last sold on Apr 4, 2020 for $283,250.
How much is this home worth?
The estimated value of the home located at 7715 Forest Street is $0.
What are some comparable homes to 7715 Forest Street?
There are currently no comparable homes to 7715 Forest Street.
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