18580 Washtenaw St · Harper Woods, MI 48225

$125,000

2 bd · 1.0 ba · 941 sqft · SingleFamily public records · 142 Days on market

Built 1942 5,227 sqft lot

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +21.0/30.0
• ARV discount +7.5/15.0
• DSCR +6.7/10.0
• 1% rule +4.8/10.0
• Rent growth +3.8/5.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Schools +0.9/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 18580 Washtenaw! This charming home is loaded with updates and move-in ready. Enjoy peace of mind with a newer furnace, hot water tank, central air, and garage roof. Step inside to find fresh paint, brand-new luxury vinyl flooring throughout, and new appliances in the kitchen. A beautiful enclosed sunroom overlooks the private backyard, perfect for relaxing or entertaining. The finished basement offers additional living space - perfect for a family room, home office, or guest area - and includes a newly added bathroom for extra convenience. This home is priced to sell, so don't miss your opportunity to make it yours! Agent has ownership interest in this property.

Key facts

• Hot water tank
• Newer furnace
• Fresh paint

Tags

• NEWER FURNACE
• HOT WATER TANK
• CENTRAL AIR
• GARAGE ROOF
• FRESH PAINT
• LUXURY VINYL FLOORING

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $176 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $122k (2.4% below list).
• Recommended offer: $110k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 73/100 on livability (#199 in MI) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D+, health & safety D+, schools D-.
• Harper Woods School District (suburban): math 4% / reading 15% proficiency, ranked #524 of 540 in MI (top 97%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 69% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+5.1%/yr); 134 active listings in the ZIP; 35 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $864 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Wayne County population projected at -17% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 142 days — a 12% lower offer ($110k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 20y ago; this cycle's ask is 5% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $57k; list at $125k implies a 119% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1942 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $110,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 142 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1942 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.98% ✗
• Cap rate: 7.98%
• Cash-on-cash: 6.02%
• DSCR: 1.27
• GRM: 8.5

CMA / ARV

• ARV (on-the-fly): $71,516
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
16301 Coram St	0.20mi	3/1.0 (+1)	929 (-1%)	1mo	$19,500	$21	83
18746 Woodside St	0.23mi	3/1.0 (+1)	921 (-2%)	2mo	$110,000	$119	79
16277 Liberal St	0.32mi	3/1.0 (+1)	945 (+0%)	1mo	$25,000	$26	78
18591 Kingsville St	0.03mi	2/1.0	824 (-12%)	1mo	$74,000	$90	77
16209 Tacoma St	0.46mi	3/1.0 (+1)	968 (+3%)	1mo	$62,900	$65	68
12893 Payton St	0.27mi	3/1.0 (+1)	1,020 (+8%)	2mo	$75,000	$74	67
12897 Riad St	0.21mi	3/1.0 (+1)	831 (-12%)	1mo	$63,000	$76	65
18905 Woodland St	0.42mi	3/1.5 (+1)	1,023 (+9%)	1mo	$105,000	$103	58
16291 Fairmount Dr	0.63mi	3/1.0 (+1)	977 (+4%)	2mo	$112,000	$115	58
11545 Roxbury St	0.73mi	3/1.0 (+1)	1,003 (+7%)	1mo	$65,000	$65	49
16260 Bringard Dr	0.73mi	3/1.0 (+1)	1,036 (+10%)	0mo	$80,000	$77	44
11640 Somerset Ave	0.74mi	3/2.0 (+1)	1,028 (+9%)	0mo	$70,000	$68	41

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 5.1% rent growth · sell at horizon

5-year hold

• IRR: -4.9%
• Equity multiple: 0.82×
• Total profit: $-6,470
• Equity at exit: $18,638

10-year hold

• IRR: 7.0%
• Equity multiple: 1.57×
• Total profit: $19,926
• Equity at exit: $10,808

Cash invested: $35,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Michigan: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

Methodology + full state rankings →

ZIP-level market 48225

• Rents YoY: 5.1%
• Active inventory: 134
• Price-to-rent: 8.5×

Monthly cashflow live

• Estimated rent: $1,220 high
• Mortgage (P&I): −$656
• Tax from tax record: −$81 /mo · $971/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$256
• Net cashflow: $176

Break-even live

Break-even rent $998

Max offer price $125,000

Occupancy floor 81%

Sensitivity live

Price	-10% $246	-5% $211	+0% $176	+5% $140	+10% $105
Rent	-10% $79	-5% $127	+0% $176	+5% $224	+10% $272
Rate	-1.0pp $238	-0.5pp $207	base $176	+0.5pp $143	+1.0pp $110

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $31,250
• Closing costs: $3,750
• Reserves months: —
• Total cash needed: —

Rent comps 35 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
16241 Seven Mile E Unit 4 Detroit, MI	1.0	1.0	650	$650	$1.00	44d	1	0.13mi
16212 Maddelein St Detroit, MI	2.0	1.0	800	$1,200	$1.50	13d	1	0.16mi
15909 Maddelein St Detroit, MI	3.0	1.0	894	$1,266	$1.42	44d	1	0.31mi
12716 Riad St Detroit, MI	3.0	1.0	974	$1,275	$1.31	18d	1	0.34mi
19144 Moross Rd Detroit, MI	2.0	1.0	900	$1,050	$1.17	44d	1	0.37mi
19152 Woodside St Harper Woods, MI	3.0	1.0	916	$1,500	$1.64	18d	1	0.39mi
12075 Rossiter St Detroit, MI	3.0	1.0	1100	$1,245	$1.13	15d	1	0.48mi
12075 Rossiter St Detroit, MI	3.0	1.0	1100	$1,245	$1.13	44d	1	0.48mi
19442 Kingsville St Harper Woods, MI	3.0	1.0	1000	$1,500	$1.50	18d	1	0.54mi
12201 Morang Ave Unit 8 Detroit, MI	2.0	1.0	610	$875	$1.43	44d	1	0.63mi
19639 Moross Rd Unit 1 Detroit, MI	2.0	1.0	900	$1,100	$1.22	44d	1	0.65mi
11776 Rossiter St Detroit, MI	3.0	1.0	964	$1,150	$1.19	12d	1	0.66mi
19661 Kenosha St Harper Woods, MI	3.0	2.0	1000	$1,400	$1.40	25d	1	0.66mi
16291 Eastburn St Detroit, MI	3.0	1.0	1000	$1,364	$1.36	25d	1	0.69mi
15494 Mapleridge St Detroit, MI	3.0	1.0	937	$1,275	$1.36	44d	1	0.74mi
11611 Morang Ave Detroit, MI	1.0–2.0	1.0	709	$1,040	$1.47	44d	1	0.74mi
11529 Roxbury St Detroit, MI	2.0	1.0	720	$1,200	$1.67	13d	1	0.75mi
16410 Edmore Dr Detroit, MI	3.0	1.0	850	$1,250	$1.47	15d	1	0.78mi
19982 McCormick St Detroit, MI	3.0	1.0	866	$1,200	$1.39	4d	1	0.85mi
11235 Roxbury St Detroit, MI	3.0	1.0	1062	$1,325	$1.25	18d	1	0.95mi
10985 Peerless St Detroit, MI	3.0	1.0	1000	$1,364	$1.36	5d	1	0.96mi
15030 Rossini Dr Unit 2 Detroit, MI	1.0	1.0	720	$800	$1.11	44d	1	0.98mi
15663 Carlisle St Detroit, MI	2.0	1.0	803	$1,050	$1.31	15d	1	1.05mi
10692 Meuse St Detroit, MI	3.0	1.0	955	$1,250	$1.31	13d	1	1.09mi
15010 Cedargrove St Detroit, MI	3.0	1.5	1018	$1,350	$1.33	44d	1	1.15mi
10400 Britain St Detroit, MI	3.0	1.0	890	$1,100	$1.24	44d	1	1.16mi
10370 Britain St Detroit, MI	3.0	1.0	1100	$1,100	$1.00	44d	1	1.18mi
10542 Lanark St Detroit, MI	3.0	1.0	1023	$1,250	$1.22	44d	1	1.22mi
14461 Lappin St Detroit, MI	3.0	1.5	989	$1,150	$1.16	18d	1	1.23mi
20015 Lochmoor St Harper Woods, MI	3.0	1.0	1006	$1,500	$1.49	17d	1	1.24mi
10177 Boleyn St Detroit, MI	3.0	1.0	767	$1,250	$1.63	44d	1	1.26mi
10404 Somerset Ave Detroit, MI	3.0	1.0	1108	$1,475	$1.33	4d	1	1.32mi
10037 Grayton St Detroit, MI	3.0	1.0	1000	$1,400	$1.40	4d	1	1.33mi
20600 Balfour St Harper Woods, MI	1.0–2.0	1.0–2.0	971	$1,640	$1.69	0d	14	1.42mi
19203 Edgefield St Harper Woods, MI	2.0	1.0	1100	$1,100	$1.00	25d	1	1.49mi

Listing history 28 events

1. 2026-03-27
   status Pending
2. 2026-03-27
   historical
3. 2026-03-17
   status Pending

   Show marketing remark (682 chars)

   Welcome to 18580 Washtenaw! This charming home is loaded with updates and move-in ready. Enjoy peace of mind with a newer furnace, hot water tank, central air, and garage roof. Step inside to find fresh paint, brand-new luxury vinyl flooring throughout, and new appliances in the kitchen. A beautiful enclosed sunroom overlooks the private backyard, perfect for relaxing or entertaining. The finished basement offers additional living space - perfect for a family room, home office, or guest area - and includes a newly added bathroom for extra convenience. This home is priced to sell, so don't miss your opportunity to make it yours! Agent has ownership interest in this property.

4. 2026-03-17
   status Pending 682-char remark

   Show marketing remark (682 chars)

   Welcome to 18580 Washtenaw! This charming home is loaded with updates and move-in ready. Enjoy peace of mind with a newer furnace, hot water tank, central air, and garage roof. Step inside to find fresh paint, brand-new luxury vinyl flooring throughout, and new appliances in the kitchen. A beautiful enclosed sunroom overlooks the private backyard, perfect for relaxing or entertaining. The finished basement offers additional living space - perfect for a family room, home office, or guest area - and includes a newly added bathroom for extra convenience. This home is priced to sell, so don't miss your opportunity to make it yours! Agent has ownership interest in this property.

5. 2025-12-24
   price $125,000 682-char remark

   Show marketing remark (682 chars)

   Welcome to 18580 Washtenaw! This charming home is loaded with updates and move-in ready. Enjoy peace of mind with a newer furnace, hot water tank, central air, and garage roof. Step inside to find fresh paint, brand-new luxury vinyl flooring throughout, and new appliances in the kitchen. A beautiful enclosed sunroom overlooks the private backyard, perfect for relaxing or entertaining. The finished basement offers additional living space - perfect for a family room, home office, or guest area - and includes a newly added bathroom for extra convenience. This home is priced to sell, so don't miss your opportunity to make it yours! Agent has ownership interest in this property.

6. 2025-12-23
   price $125,000
7. 2025-12-03
   status Active

   Show marketing remark (682 chars)

   Welcome to 18580 Washtenaw! This charming home is loaded with updates and move-in ready. Enjoy peace of mind with a newer furnace, hot water tank, central air, and garage roof. Step inside to find fresh paint, brand-new luxury vinyl flooring throughout, and new appliances in the kitchen. A beautiful enclosed sunroom overlooks the private backyard, perfect for relaxing or entertaining. The finished basement offers additional living space - perfect for a family room, home office, or guest area - and includes a newly added bathroom for extra convenience. This home is priced to sell, so don't miss your opportunity to make it yours! Agent has ownership interest in this property.

8. 2025-12-03
   status Active 682-char remark

   Show marketing remark (682 chars)

   Welcome to 18580 Washtenaw! This charming home is loaded with updates and move-in ready. Enjoy peace of mind with a newer furnace, hot water tank, central air, and garage roof. Step inside to find fresh paint, brand-new luxury vinyl flooring throughout, and new appliances in the kitchen. A beautiful enclosed sunroom overlooks the private backyard, perfect for relaxing or entertaining. The finished basement offers additional living space - perfect for a family room, home office, or guest area - and includes a newly added bathroom for extra convenience. This home is priced to sell, so don't miss your opportunity to make it yours! Agent has ownership interest in this property.

9. 2025-11-24
   historical Accepting Backup Offers 682-char remark

   Show marketing remark (682 chars)

   Welcome to 18580 Washtenaw! This charming home is loaded with updates and move-in ready. Enjoy peace of mind with a newer furnace, hot water tank, central air, and garage roof. Step inside to find fresh paint, brand-new luxury vinyl flooring throughout, and new appliances in the kitchen. A beautiful enclosed sunroom overlooks the private backyard, perfect for relaxing or entertaining. The finished basement offers additional living space - perfect for a family room, home office, or guest area - and includes a newly added bathroom for extra convenience. This home is priced to sell, so don't miss your opportunity to make it yours! Agent has ownership interest in this property.

10. 2025-11-24
    historical Active Under Contract

    Show marketing remark (682 chars)

    Welcome to 18580 Washtenaw! This charming home is loaded with updates and move-in ready. Enjoy peace of mind with a newer furnace, hot water tank, central air, and garage roof. Step inside to find fresh paint, brand-new luxury vinyl flooring throughout, and new appliances in the kitchen. A beautiful enclosed sunroom overlooks the private backyard, perfect for relaxing or entertaining. The finished basement offers additional living space - perfect for a family room, home office, or guest area - and includes a newly added bathroom for extra convenience. This home is priced to sell, so don't miss your opportunity to make it yours! Agent has ownership interest in this property.

11. 2025-11-13
    price $127,000 682-char remark

    Show marketing remark (682 chars)

    Welcome to 18580 Washtenaw! This charming home is loaded with updates and move-in ready. Enjoy peace of mind with a newer furnace, hot water tank, central air, and garage roof. Step inside to find fresh paint, brand-new luxury vinyl flooring throughout, and new appliances in the kitchen. A beautiful enclosed sunroom overlooks the private backyard, perfect for relaxing or entertaining. The finished basement offers additional living space - perfect for a family room, home office, or guest area - and includes a newly added bathroom for extra convenience. This home is priced to sell, so don't miss your opportunity to make it yours! Agent has ownership interest in this property.

12. 2025-11-12
    price $127,000
13. 2025-11-08
    price $129,000 682-char remark

    Show marketing remark (682 chars)

    Welcome to 18580 Washtenaw! This charming home is loaded with updates and move-in ready. Enjoy peace of mind with a newer furnace, hot water tank, central air, and garage roof. Step inside to find fresh paint, brand-new luxury vinyl flooring throughout, and new appliances in the kitchen. A beautiful enclosed sunroom overlooks the private backyard, perfect for relaxing or entertaining. The finished basement offers additional living space - perfect for a family room, home office, or guest area - and includes a newly added bathroom for extra convenience. This home is priced to sell, so don't miss your opportunity to make it yours! Agent has ownership interest in this property.

14. 2025-11-07
    status Active 682-char remark

    Show marketing remark (682 chars)

    Welcome to 18580 Washtenaw! This charming home is loaded with updates and move-in ready. Enjoy peace of mind with a newer furnace, hot water tank, central air, and garage roof. Step inside to find fresh paint, brand-new luxury vinyl flooring throughout, and new appliances in the kitchen. A beautiful enclosed sunroom overlooks the private backyard, perfect for relaxing or entertaining. The finished basement offers additional living space - perfect for a family room, home office, or guest area - and includes a newly added bathroom for extra convenience. This home is priced to sell, so don't miss your opportunity to make it yours! Agent has ownership interest in this property.

15. 2025-11-07
    status Active

    Show marketing remark (682 chars)

    Welcome to 18580 Washtenaw! This charming home is loaded with updates and move-in ready. Enjoy peace of mind with a newer furnace, hot water tank, central air, and garage roof. Step inside to find fresh paint, brand-new luxury vinyl flooring throughout, and new appliances in the kitchen. A beautiful enclosed sunroom overlooks the private backyard, perfect for relaxing or entertaining. The finished basement offers additional living space - perfect for a family room, home office, or guest area - and includes a newly added bathroom for extra convenience. This home is priced to sell, so don't miss your opportunity to make it yours! Agent has ownership interest in this property.

16. 2025-11-07
    price $129,000

    Show marketing remark (682 chars)

    Welcome to 18580 Washtenaw! This charming home is loaded with updates and move-in ready. Enjoy peace of mind with a newer furnace, hot water tank, central air, and garage roof. Step inside to find fresh paint, brand-new luxury vinyl flooring throughout, and new appliances in the kitchen. A beautiful enclosed sunroom overlooks the private backyard, perfect for relaxing or entertaining. The finished basement offers additional living space - perfect for a family room, home office, or guest area - and includes a newly added bathroom for extra convenience. This home is priced to sell, so don't miss your opportunity to make it yours! Agent has ownership interest in this property.

17. 2025-09-20
    historical Accepting Backup Offers 682-char remark

    Show marketing remark (682 chars)

    Welcome to 18580 Washtenaw! This charming home is loaded with updates and move-in ready. Enjoy peace of mind with a newer furnace, hot water tank, central air, and garage roof. Step inside to find fresh paint, brand-new luxury vinyl flooring throughout, and new appliances in the kitchen. A beautiful enclosed sunroom overlooks the private backyard, perfect for relaxing or entertaining. The finished basement offers additional living space - perfect for a family room, home office, or guest area - and includes a newly added bathroom for extra convenience. This home is priced to sell, so don't miss your opportunity to make it yours! Agent has ownership interest in this property.

18. 2025-09-20
    historical Active Under Contract

    Show marketing remark (682 chars)

    Welcome to 18580 Washtenaw! This charming home is loaded with updates and move-in ready. Enjoy peace of mind with a newer furnace, hot water tank, central air, and garage roof. Step inside to find fresh paint, brand-new luxury vinyl flooring throughout, and new appliances in the kitchen. A beautiful enclosed sunroom overlooks the private backyard, perfect for relaxing or entertaining. The finished basement offers additional living space - perfect for a family room, home office, or guest area - and includes a newly added bathroom for extra convenience. This home is priced to sell, so don't miss your opportunity to make it yours! Agent has ownership interest in this property.

19. 2025-09-20
    historical 682-char remark

    Show marketing remark (682 chars)

    Welcome to 18580 Washtenaw! This charming home is loaded with updates and move-in ready. Enjoy peace of mind with a newer furnace, hot water tank, central air, and garage roof. Step inside to find fresh paint, brand-new luxury vinyl flooring throughout, and new appliances in the kitchen. A beautiful enclosed sunroom overlooks the private backyard, perfect for relaxing or entertaining. The finished basement offers additional living space - perfect for a family room, home office, or guest area - and includes a newly added bathroom for extra convenience. This home is priced to sell, so don't miss your opportunity to make it yours! Agent has ownership interest in this property.

20. 2025-09-08
    listed $119,500 Active

    Show marketing remark (682 chars)

    Welcome to 18580 Washtenaw! This charming home is loaded with updates and move-in ready. Enjoy peace of mind with a newer furnace, hot water tank, central air, and garage roof. Step inside to find fresh paint, brand-new luxury vinyl flooring throughout, and new appliances in the kitchen. A beautiful enclosed sunroom overlooks the private backyard, perfect for relaxing or entertaining. The finished basement offers additional living space - perfect for a family room, home office, or guest area - and includes a newly added bathroom for extra convenience. This home is priced to sell, so don't miss your opportunity to make it yours! Agent has ownership interest in this property.

21. 2025-09-08
    listed $119,500 Active 682-char remark

    Show marketing remark (682 chars)

    Welcome to 18580 Washtenaw! This charming home is loaded with updates and move-in ready. Enjoy peace of mind with a newer furnace, hot water tank, central air, and garage roof. Step inside to find fresh paint, brand-new luxury vinyl flooring throughout, and new appliances in the kitchen. A beautiful enclosed sunroom overlooks the private backyard, perfect for relaxing or entertaining. The finished basement offers additional living space - perfect for a family room, home office, or guest area - and includes a newly added bathroom for extra convenience. This home is priced to sell, so don't miss your opportunity to make it yours! Agent has ownership interest in this property.

22. 2025-09-02
    soldstatus $57,000
23. 2006-05-12
    soldstatus $91,900
24. 2006-04-27
    soldstatus $91,900 377-char remark

    Show marketing remark (377 chars)

    TALKING ABOUT AN UPDATED HOUSE!!! THIS ONE GOT IT ALL. .. . NEW TEAR OFF ROOF WITH 3D SHINGLES, FURNACE, HW TANK, GLASS BLOCK WINDOWS IN BASEMENT, CARPET IN FR, STORM STEEL DOORS, ELECTRIC PANEL, TUB LINER, INSULATION IN ATTIC, PAINT IN BASEMENT, LANDSCAPE NEWER DRIVEWAY "STOVE AND REFRIGERATOR ARE INCLUDED" AND MUCH MORE TO LIST ITS A MUST SEE SO HURRY UP WITH YOU

25. 2006-04-26
    soldstatus $91,900
26. 2006-03-23
    historical
27. 2006-02-27
    listed $91,900 377-char remark

    Show marketing remark (377 chars)

    TALKING ABOUT AN UPDATED HOUSE!!! THIS ONE GOT IT ALL. .. . NEW TEAR OFF ROOF WITH 3D SHINGLES, FURNACE, HW TANK, GLASS BLOCK WINDOWS IN BASEMENT, CARPET IN FR, STORM STEEL DOORS, ELECTRIC PANEL, TUB LINER, INSULATION IN ATTIC, PAINT IN BASEMENT, LANDSCAPE NEWER DRIVEWAY "STOVE AND REFRIGERATOR ARE INCLUDED" AND MUCH MORE TO LIST ITS A MUST SEE SO HURRY UP WITH YOU

28. 2006-02-27
    listed $91,900

    Show marketing remark (377 chars)

    TALKING ABOUT AN UPDATED HOUSE!!! THIS ONE GOT IT ALL. .. . NEW TEAR OFF ROOF WITH 3D SHINGLES, FURNACE, HW TANK, GLASS BLOCK WINDOWS IN BASEMENT, CARPET IN FR, STORM STEEL DOORS, ELECTRIC PANEL, TUB LINER, INSULATION IN ATTIC, PAINT IN BASEMENT, LANDSCAPE NEWER DRIVEWAY "STOVE AND REFRIGERATOR ARE INCLUDED" AND MUCH MORE TO LIST ITS A MUST SEE SO HURRY UP WITH YOU

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MI · Partial reset (capped growth)

• Current annual tax: $971 · $81/mo
• Projected year-2 tax: $1,448 · $121/mo
• Expected delta: +$477/yr (+$40/mo · 49.1%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥95°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,644
• − Mortgage interest: −$7,002
• − Property taxes: −$971
• − Insurance: −$625
• − Repairs & maintenance: −$1,172
• − Management: −$1,172
• − Depreciation: −$3,636
• Taxable income: $67
• Est. tax owed @ 24.0%: −$16
• After-tax cash flow: $2,091/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Harper Woods School District
• NCES district ID: 2617760
• Math proficiency: 4% ▼ -7.00%
• Reading proficiency: 15% ▼ -9.00%
• Median HH income: $46,155
• Composite: 8.8/100
• National rank: #9892
• State rank: #524 of 540 in MI

Livability — Harper Woods

• Score: 73/100
• State rank: #199
• US rank: #5054

Category grades

Amenities F Commute A+ Cost of living A+ Crime F Employment D+ Housing A+ Health & safety D+ User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Harper Woods, MI
• County: Wayne County · 1,562,939 people
• City population: 16,098
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 16,098
• Household income: $61,750
• Rent vs Own: 33.8% rent · 66.2% own
• Severe rent burden: 410.0

Population outlook (Wayne County) Hauer SSP2

• Today (2025): 1,675,273 people
• By 2030: 1,620,300 · -3.3%
• By 2040: 1,502,341 · -10.3%
• By 2050: 1,384,039 · -17.4%
• By 2075: 1,124,592 · -32.9%
• By 2100: 881,193 · -47.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (65%)
• Race & ethnicity: Black 65% White 28% Two or more races 4% Hispanic / Latino 1%
• Common ancestry: Romanian 4% Lithuanian 1% German 1%
• Foreign-born: 2% · Canada
• Languages at home: 95% English-only · Arabic 2% Spanish 1%

Political lean MEDSL · Wayne

• 2024 margin: Strong D (+29.0) · D 62.7% · R 33.7% · Other 3.6%
• 2008→2024 swing: -20.5pp toward R · 2008: 49.5pp · 2024: 29.0pp
• All cycles: 2024: D+29.0 2020: D+38.1 2016: D+37.3 2012: D+46.9 2008: D+49.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -150.40%
• Current HPI: 181.4961
• Rent YoY: ▲ 5.10%
• Metro: Detroit-Warren-Dearborn, MI
• State GDP YoY: ▲ 1.37%
• F500 in state: 28

Industry mix (Fortune 500 HQ in MI)

Industry	F500 HQs	Revenue
▸Automotive Parts	3	$48B
▸Automotive	2	$372B
▸Chemicals	1	$45B
▸Automotive Retail	1	$29B
▸Healthcare / Medical Devices	1	$23B
▸Automotive Technology	1	$20B

Price history

+36.0% since first listed

28 events — show timeline

• 2026-03-27 Pending — REALCOMP
• 2026-03-27 Listing Removed — REALCOMP
• 2026-03-17 Pending — REALCOMP
• 2026-03-17 Pending — MiRealSource-MiMLS
• 2025-12-24 Price Changed $125,000 MiRealSource-MiMLS
• 2025-12-23 Price Changed $125,000 REALCOMP
• 2025-12-03 Relisted — REALCOMP
• 2025-12-03 Relisted — MiRealSource-MiMLS
• 2025-11-24 Contingent — MiRealSource-MiMLS
• 2025-11-24 Contingent — REALCOMP
• 2025-11-13 Price Changed $127,000 MiRealSource-MiMLS
• 2025-11-12 Price Changed $127,000 REALCOMP
• 2025-11-08 Price Changed $129,000 MiRealSource-MiMLS
• 2025-11-07 Relisted — MiRealSource-MiMLS
• 2025-11-07 Relisted — REALCOMP
• 2025-11-07 Price Changed $129,000 REALCOMP
• 2025-09-20 Contingent — MiRealSource-MiMLS
• 2025-09-20 Contingent — REALCOMP
• 2025-09-20 Listing Removed — MiRealSource-MiMLS
• 2025-09-08 Listed $119,500 REALCOMP
• 2025-09-08 Listed $119,500 MiRealSource-MiMLS
• 2025-09-02 Sold (Public Records) $57,000 Public Records
• 2006-05-12 Sold (Public Records) $91,900 Public Records
• 2006-04-27 Sold (MLS) $91,900 REALCOMP
• 2006-04-26 Sold (MLS) $91,900 MiRealSource-MiMLS
• 2006-03-23 Listing Removed — MiRealSource-MiMLS
• 2006-02-27 Listed $91,900 MiRealSource-MiMLS
• 2006-02-27 Listed $91,900 REALCOMP

Property tax history

-6.5%/yr

Latest (2025): $971 · -56.6% YoY. Source: county tax records.