Foreclosure for Sale on Cherboneau Pl, Detroit, MI 48207

Foreclosures โ€บ Michigan โ€บ Wayne โ€บ Detroit โ€บ Cherboneau Pl
Pre-foreclosure property at Cherboneau Pl, Detroit, MI 48207. Wayne County foreclosure listing.
Pre-foreclosure Active 99 days on market
Cherboneau Pl, Detroit, MI 48207
Price TBD
Wayne County ยท Michigan
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Property details
Listing type Preforeclosure
Property type Condo
County Wayne County
State Michigan
ZIP 48207
Days on Market 99 days
Listing ID 65640863
About this property

This home in Detroit, MI is in preforeclosure, which means the homeowner is in default (missed payments). Therefore, there could be an opportunity to strike a great deal with the owner and the bank.

๐Ÿ“Š Wayne County Market ยท Updated daily
Active Listings
3,850
Avg. Est. Value
$103,410
Bank-Owned (REO)
535
Pre-Foreclosures
3,315

1,674 active foreclosure listings in Detroit, MI.

Browse all Wayne County foreclosures โ†’
โ“ Frequently Asked Questions
This is a pre-foreclosure property. The homeowner is behind on mortgage payments but the property has not yet been auctioned. Buyers can negotiate directly with the owner, arrange financing, and conduct a full inspection โ€” often at a price below market value.
Click "View full listing & bid" above to access complete auction details, contact information, and bidding tools through our foreclosure.com partner. You can also work with a licensed real estate attorney or broker familiar with Wayne County foreclosures for additional guidance on the purchase process.
There are currently 1,674 active foreclosure listings in Detroit, MI. Land.net updates foreclosure data daily across all 50 states.
Before buying any foreclosure, research: (1) title history and any liens that may survive the sale, (2) property condition โ€” most foreclosures sell as-is with no repairs, (3) delinquent property taxes which are a senior lien, (4) HOA fees and any delinquent assessments, (5) flood zone status using FEMA maps, and (6) occupancy status โ€” eviction may be required if the property is occupied.
๐ŸŒŠ Flood Zone ยท FEMA NFHL

Check the official FEMA flood map for this property's flood zone designation and risk level.

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๐Ÿฆ Mortgage estimate
Est. monthly payment (P&I + tax + insurance)
โ€”
๐Ÿ“ Location Map ยท Detroit, MI Open in Google Maps โ†’
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๐Ÿ˜๏ธ Neighborhood Profile ยท ZIP 48207 ยท U.S. Census ACS
Population
20,577
Median Age
42.1 yrs
Households
10,892
Median Household Income
$43,960
Median Home Value
$158,100
Median Rent
$1,022/mo
Owner-Occupied
28% of homes
Vacancy Rate
14% of units
Unemployment Rate
11.1%

~24% of residents hold a bachelor’s degree or higher.

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2022)
๐Ÿซ Schools ยท NCES 2024โ€“25
Schools in ZIP 48207
๐Ÿซ Middle
Detroit Academy of Arts and Sciences Middle School Charter
Grades 6โ€“8ยทDETROIT ZIP 48207
๐ŸŽ“ High
Detroit Edison Public School Academy High School Charter
Grades 9โ€“12ยทDETROIT ZIP 48207

Source: NCES CCD 2024โ€“25 ยท nces.ed.gov

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