11285 Lakepointe St · Detroit, MI 48224

$119,995

3 bd · 1.0 ba · 1,049 sqft · SingleFamily public records · 178 Days on market

Built 1943 6,098 sqft lot $114/sqft · 101% above area

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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 +19.9/30.0
• ARV discount +7.5/15.0
• DSCR +6.3/10.0
• 1% rule +6.2/10.0
• Livability +3.7/5.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Newly fully renovated single-family residence offering a move-in ready opportunity in Detroit’s east side. With a spacious lot, detached garage, and classic brick exterior, this property is perfect for homeowners or investors seeking value and reliability. Vacant and ready for immediate occupancy at close. Updates include: new kitchen new bath refinished hardwood floors new paint new doors new light fixtures & ceiling fans new furnace updated electrical updated plumbing new overhead garage door This home is turnkey and ready to go. BATVAI

Key facts

• Fully renovated
• New bath
• New kitchen

Tags

• FULLY RENOVATED
• SPACIOUS LOT
• DETACHED GARAGE
• CLASSIC BRICK EXTERIOR
• NEW KITCHEN
• NEW BATH

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $120k.

Deal economics

• At list price, monthly cash flow is $144 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $120k).
• Recommended offer: $106k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.7% vs local median 10.2% in Detroit — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

• Location reads 73/100 on livability (#218 in MI) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools F, crime F, employment F.
• Detroit Public Schools Community District (urban): math 10% / reading 24% proficiency, ranked #499 of 540 in MI (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 90% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents flat; 484 active listings in the ZIP; 40 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; lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
• This rent runs 36% of the median local income ($45k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $829 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 178 days — a 12% lower offer ($106k) is reasonable based on typical stale-listing flexibility.
• 22 sale attempts since 26y ago; this cycle's ask has dropped $30k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $30k; list at $120k implies a 300% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1943 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $105,595 (12.0% below list)

Questions for the listing agent

1. It's been on market 178 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 1943 — 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 F-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: 1.12% ✓
• Cap rate: 7.74%
• Cash-on-cash: 5.15%
• DSCR: 1.23
• GRM: 7.4

CMA / ARV

• ARV (median comp): $59,569
• List price: $119,995
• Delta: 101.44%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
11545 Roxbury St	0.32mi	3/1.0	1,003 (-4%)	1mo	$65,000	$65	77
10830 Mckinney St	0.44mi	3/1.0	1,066 (+2%)	1mo	$40,199	$38	76
10904 N Mogul St	0.67mi	3/1.0	1,045 (-0%)	0mo	$113,000	$108	68
10319 Mckinney St	0.39mi	4/1.0 (+1)	990 (-6%)	1mo	$25,000	$25	67
11640 Somerset Ave	0.69mi	3/2.0	1,028 (-2%)	0mo	$70,000	$68	60
12519 Riad St	0.57mi	3/1.0	1,135 (+8%)	0mo	$100,000	$88	59
10318 Beaconsfield St	0.50mi	3/1.5	1,146 (+9%)	1mo	$78,000	$68	58
12660 Duchess St	0.65mi	3/1.0	974 (-7%)	2mo	$55,000	$56	56
9722 Everts St	0.50mi	3/1.0	1,178 (+12%)	0mo	$147,000	$125	56
11017 Worden St	0.66mi	3/1.0	961 (-8%)	0mo	$47,500	$49	55
10945 Peerless St	0.72mi	3/1.0	964 (-8%)	2mo	$54,000	$56	52
9988 Somerset Ave	0.65mi	3/1.0	1,206 (+15%)	1mo	$130,000	$108	44

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 · 0.73% rent growth · sell at horizon

5-year hold

• IRR: -11.1%
• Equity multiple: 0.61×
• Total profit: $-13,185
• Equity at exit: $17,892

10-year hold

• IRR: -5.7%
• Equity multiple: 0.67×
• Total profit: $-11,133
• Equity at exit: $10,375

Cash invested: $33,599 (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 48224

• Rents YoY: 0.7%
• Active inventory: 484
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $1,347 high
• Mortgage (P&I): −$629
• Tax from tax record: −$241 /mo · $2,888/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$283
• Net cashflow: $144

Break-even live

Break-even rent $1,164

Max offer price $119,995

Occupancy floor 84%

Sensitivity live

Price	-10% $212	-5% $178	+0% $144	+5% $110	+10% $76
Rent	-10% $38	-5% $91	+0% $144	+5% $198	+10% $251
Rate	-1.0pp $205	-0.5pp $175	base $144	+0.5pp $113	+1.0pp $82

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: $29,999
• Closing costs: $3,600
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
11235 Roxbury St Detroit, MI	3.0	1.0	1062	$1,325	$1.25	18d	1	0.10mi
11689 Wayburn St Detroit, MI	3.0	1.0	1142	$1,350	$1.18	44d	1	0.22mi
11620 Rossiter St Detroit, MI	3.0	1.0	1140	$1,200	$1.05	18d	1	0.22mi
11611 Morang Ave Detroit, MI	1.0–2.0	1.0	709	$1,040	$1.47	44d	1	0.26mi
10803 Roxbury St Detroit, MI	3.0	1.0	1150	$900	$0.78	21d	1	0.26mi
11911 Lansdowne St Detroit, MI	4.0	1.0	1350	$1,400	$1.04	44d	1	0.27mi
11529 Roxbury St Detroit, MI	2.0	1.0	720	$1,200	$1.67	13d	1	0.32mi
11776 Rossiter St Detroit, MI	3.0	1.0	964	$1,150	$1.19	12d	1	0.36mi
10404 Somerset Ave Detroit, MI	3.0	1.0	1108	$1,475	$1.33	4d	1	0.38mi
10177 Boleyn St Detroit, MI	3.0	1.0	767	$1,250	$1.63	44d	1	0.47mi
10400 Britain St Detroit, MI	3.0	1.0	890	$1,100	$1.24	44d	1	0.47mi
11018 Whitehill St Detroit, MI	3.0	1.0	1146	$1,450	$1.27	11d	1	0.48mi
10370 Britain St Detroit, MI	3.0	1.0	1100	$1,100	$1.00	44d	1	0.49mi
10692 Meuse St Detroit, MI	3.0	1.0	955	$1,250	$1.31	13d	1	0.51mi
10037 Grayton St Detroit, MI	3.0	1.0	1000	$1,400	$1.40	4d	1	0.51mi
9313 Harvard Rd Detroit, MI	3.0	1.5	1329	$1,200	$0.90	18d	1	0.56mi
12075 Rossiter St Detroit, MI	3.0	1.0	1100	$1,245	$1.13	44d	1	0.59mi
12075 Rossiter St Detroit, MI	3.0	1.0	1100	$1,245	$1.13	15d	1	0.59mi
9635 Everts St Detroit, MI	4.0	2.0	1450	$1,650	$1.14	44d	1	0.60mi
9241 Boleyn St Detroit, MI	3.0	1.0	1350	$1,350	$1.00	44d	1	0.61mi
10813 Whitehill St Detroit, MI	3.0	1.0	1392	$1,350	$0.97	18d	1	0.61mi
10644 Stratman St Detroit, MI	2.0	1.0	1000	$1,200	$1.20	18d	1	0.62mi
10724 Whitehill St Detroit, MI	3.0	3.0	1425	$1,550	$1.09	18d	1	0.65mi
12716 Riad St Detroit, MI	3.0	1.0	974	$1,275	$1.31	18d	1	0.65mi
19144 Moross Rd Detroit, MI	2.0	1.0	900	$1,050	$1.17	44d	1	0.69mi
15494 Mapleridge St Detroit, MI	3.0	1.0	937	$1,275	$1.36	44d	1	0.70mi
9984 Beaconsfield St Detroit, MI	3.0	1.0	1222	$1,575	$1.29	44d	1	0.72mi
10141 Roxbury St Detroit, MI	3.0	1.0	1115	$1,000	$0.90	44d	1	0.73mi
19639 Moross Rd Unit 1 Detroit, MI	2.0	1.0	900	$1,100	$1.22	44d	1	0.76mi
9927 Beaconsfield St Detroit, MI	3.0	1.0	942	$1,375	$1.46	15d	1	0.77mi
10985 Peerless St Detroit, MI	3.0	1.0	1000	$1,364	$1.36	5d	1	0.78mi
9747 Somerset Ave Detroit, MI	2.0	1.0	797	$1,100	$1.38	44d	1	0.78mi
19435 McCormick St Detroit, MI	3.0	2.0	1148	$1,300	$1.13	18d	1	0.79mi
19442 Kingsville St Harper Woods, MI	3.0	1.0	1000	$1,500	$1.50	18d	1	0.82mi
10870 Marne St Detroit, MI	3.0	1.0	1156	$1,100	$0.95	18d	1	0.82mi
15000 Mayfield St Detroit, MI	3.0	1.0	1146	$970	$0.85	18d	1	0.84mi
19365 Kingsville St Harper Woods, MI	4.0	1.5	996	$1,650	$1.66	15d	1	0.84mi
15857 Evanston St Detroit, MI	3.0	1.5	1232	$1,250	$1.01	5d	1	0.86mi
9755 Wayburn St Detroit, MI	3.0	2.0	1498	$1,400	$0.93	4d	1	0.86mi
10542 Lanark St Detroit, MI	3.0	1.0	1023	$1,250	$1.22	44d	1	0.86mi

Listing history 50 events

1. 2026-03-27
   status Active 565-char remark

   Show marketing remark (565 chars)

   Newly fully renovated single-family residence offering a move-in ready opportunity in Detroit’s east side. With a spacious lot, detached garage, and classic brick exterior, this property is perfect for homeowners or investors seeking value and reliability. Vacant and ready for immediate occupancy at close. Updates include: new kitchen new bath refinished hardwood floors new paint new doors new light fixtures & ceiling fans new furnace updated electrical updated plumbing new overhead garage door This home is turnkey and ready to go. BATVAI

2. 2026-03-27
   historical 565-char remark

   Show marketing remark (565 chars)

   Newly fully renovated single-family residence offering a move-in ready opportunity in Detroit’s east side. With a spacious lot, detached garage, and classic brick exterior, this property is perfect for homeowners or investors seeking value and reliability. Vacant and ready for immediate occupancy at close. Updates include: new kitchen new bath refinished hardwood floors new paint new doors new light fixtures & ceiling fans new furnace updated electrical updated plumbing new overhead garage door This home is turnkey and ready to go. BATVAI

3. 2026-03-21
   price $119,995 550-char remark

   Show marketing remark (550 chars)

   Newly fully renovated single-family residence offering a move-in ready opportunity in Detroit's east side. With a spacious lot, detached garage, and classic brick exterior, this property is perfect for homeowners or investors seeking value and reliability. Vacant and ready for immediate occupancy at close. Updates include: new kitchen new bath refinished hardwood floors new paint new doors new light fixtures & ceiling fans new furnace updated electrical updated plumbing new overhead garage door This home is turnkey and ready to go. BATVAI

4. 2026-03-20
   price $119,995 565-char remark

   Show marketing remark (565 chars)

   Newly fully renovated single-family residence offering a move-in ready opportunity in Detroit’s east side. With a spacious lot, detached garage, and classic brick exterior, this property is perfect for homeowners or investors seeking value and reliability. Vacant and ready for immediate occupancy at close. Updates include: new kitchen new bath refinished hardwood floors new paint new doors new light fixtures & ceiling fans new furnace updated electrical updated plumbing new overhead garage door This home is turnkey and ready to go. BATVAI

5. 2026-02-03
   status Active 550-char remark

   Show marketing remark (565 chars)

   Newly fully renovated single-family residence offering a move-in ready opportunity in Detroit’s east side. With a spacious lot, detached garage, and classic brick exterior, this property is perfect for homeowners or investors seeking value and reliability. Vacant and ready for immediate occupancy at close. Updates include: new kitchen new bath refinished hardwood floors new paint new doors new light fixtures & ceiling fans new furnace updated electrical updated plumbing new overhead garage door This home is turnkey and ready to go. BATVAI

6. 2026-02-03
   status Active 565-char remark

   Show marketing remark (565 chars)

   Newly fully renovated single-family residence offering a move-in ready opportunity in Detroit’s east side. With a spacious lot, detached garage, and classic brick exterior, this property is perfect for homeowners or investors seeking value and reliability. Vacant and ready for immediate occupancy at close. Updates include: new kitchen new bath refinished hardwood floors new paint new doors new light fixtures & ceiling fans new furnace updated electrical updated plumbing new overhead garage door This home is turnkey and ready to go. BATVAI

7. 2026-01-30
   historical 550-char remark

   Show marketing remark (550 chars)

   Newly fully renovated single-family residence offering a move-in ready opportunity in Detroit's east side. With a spacious lot, detached garage, and classic brick exterior, this property is perfect for homeowners or investors seeking value and reliability. Vacant and ready for immediate occupancy at close. Updates include: new kitchen new bath refinished hardwood floors new paint new doors new light fixtures & ceiling fans new furnace updated electrical updated plumbing new overhead garage door This home is turnkey and ready to go. BATVAI

8. 2026-01-07
   price $139,995 550-char remark

   Show marketing remark (550 chars)

   Newly fully renovated single-family residence offering a move-in ready opportunity in Detroit's east side. With a spacious lot, detached garage, and classic brick exterior, this property is perfect for homeowners or investors seeking value and reliability. Vacant and ready for immediate occupancy at close. Updates include: new kitchen new bath refinished hardwood floors new paint new doors new light fixtures & ceiling fans new furnace updated electrical updated plumbing new overhead garage door This home is turnkey and ready to go. BATVAI

9. 2026-01-06
   price $139,995 565-char remark

   Show marketing remark (565 chars)

   Newly fully renovated single-family residence offering a move-in ready opportunity in Detroit’s east side. With a spacious lot, detached garage, and classic brick exterior, this property is perfect for homeowners or investors seeking value and reliability. Vacant and ready for immediate occupancy at close. Updates include: new kitchen new bath refinished hardwood floors new paint new doors new light fixtures & ceiling fans new furnace updated electrical updated plumbing new overhead garage door This home is turnkey and ready to go. BATVAI

10. 2025-11-24
    listed $149,995 Active 565-char remark

    Show marketing remark (550 chars)

    Newly fully renovated single-family residence offering a move-in ready opportunity in Detroit's east side. With a spacious lot, detached garage, and classic brick exterior, this property is perfect for homeowners or investors seeking value and reliability. Vacant and ready for immediate occupancy at close. Updates include: new kitchen new bath refinished hardwood floors new paint new doors new light fixtures & ceiling fans new furnace updated electrical updated plumbing new overhead garage door This home is turnkey and ready to go. BATVAI

11. 2025-11-24
    listed $149,995 Active 550-char remark

    Show marketing remark (550 chars)

    Newly fully renovated single-family residence offering a move-in ready opportunity in Detroit's east side. With a spacious lot, detached garage, and classic brick exterior, this property is perfect for homeowners or investors seeking value and reliability. Vacant and ready for immediate occupancy at close. Updates include: new kitchen new bath refinished hardwood floors new paint new doors new light fixtures & ceiling fans new furnace updated electrical updated plumbing new overhead garage door This home is turnkey and ready to go. BATVAI

12. 2023-01-14
    historical
13. 2023-01-13
    historical
14. 2022-09-27
    status Active
15. 2022-09-27
    status Active
16. 2022-09-24
    status Pending
17. 2022-09-24
    status Pending
18. 2022-08-05
    price $54,000
19. 2022-08-05
    price $54,000
20. 2022-06-22
    price $59,000
21. 2022-06-21
    price $59,000
22. 2022-04-13
    price $68,000
23. 2022-04-12
    price $68,000
24. 2022-03-09
    listed $74,000 Active
25. 2022-03-09
    listed $74,000 Active
26. 2022-01-18
    historical
27. 2022-01-18
    historical
28. 2021-08-23
    price $79,000
29. 2021-08-23
    price $79,000
30. 2021-08-22
    status Active
31. 2021-08-22
    status Active
32. 2021-07-27
    historical
33. 2021-07-27
    historical
34. 2021-07-07
    listed $85,000 Active
35. 2021-07-07
    listed $85,000 Active
36. 2021-06-07
    historical
37. 2021-06-07
    historical
38. 2021-06-02
    listed $80,000 Active
39. 2021-06-02
    listed $80,000 Active
40. 2020-12-31
    soldstatus $30,000 Sold
41. 2020-12-31
    soldstatus $30,000
42. 2020-12-06
    historical Accepting Backup Offers
43. 2020-08-20
    status Active
44. 2020-08-06
    historical Accepting Backup Offers
45. 2019-03-27
    listed $30,000 Active
46. 2019-03-27
    listed $30,000
47. 2012-09-26
    soldstatus $6,200
48. 2012-09-26
    soldstatus $6,200
49. 2012-08-31
    historical
50. 2012-08-31
    historical

ⓘ 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: $2,888 · $241/mo
• Projected year-2 tax: $2,888 · $241/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 2 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,166
• − Mortgage interest: −$6,722
• − Property taxes: −$2,888
• − Insurance: −$600
• − Repairs & maintenance: −$1,293
• − Management: −$1,293
• − Depreciation: −$3,491
• Taxable loss: −$121
• Est. tax savings @ 24.0%: +$29
• After-tax cash flow: $1,761/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: Detroit Public Schools Community District
• NCES district ID: 2601103
• Math proficiency: 10% ▼ -2.00%
• Reading proficiency: 24% ▲ 6.00%
• Median HH income: $25,815
• Composite: 13.06/100
• National rank: #9564
• State rank: #499 of 540 in MI

Livability — Detroit

• Score: 73/100
• State rank: #218
• US rank: #5427

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Detroit, MI
• County: Wayne County · 1,562,939 people
• City population: 572,865
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 39,668
• Household income: $44,856
• Rent vs Own: 44.1% rent · 55.9% own
• Severe rent burden: 2515.0

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 (88%)
• Race & ethnicity: Black 88% White 8% Two or more races 3% Hispanic / Latino 1%
• Common ancestry: Iranian 1% Romanian 1% Lithuanian 1%
• Foreign-born: 1%
• Languages at home: 97% English-only · Spanish 2%

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: ▼ -226.38%
• Current HPI: 161.886
• Rent YoY: ▲ 0.73%
• 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

+275.0% since first listed

59 events — show timeline

• 2026-03-27 Relisted — REALCOMP
• 2026-03-27 Listing Removed — REALCOMP
• 2026-03-21 Price Changed $119,995 MiRealSource-MiMLS
• 2026-03-20 Price Changed $119,995 REALCOMP
• 2026-02-03 Relisted — MiRealSource-MiMLS
• 2026-02-03 Relisted — REALCOMP
• 2026-01-30 Listing Removed — MiRealSource-MiMLS
• 2026-01-07 Price Changed $139,995 MiRealSource-MiMLS
• 2026-01-06 Price Changed $139,995 REALCOMP
• 2025-11-24 Listed $149,995 REALCOMP
• 2025-11-24 Listed $149,995 MiRealSource-MiMLS
• 2023-01-14 Listing Removed — MiRealSource-MiMLS
• 2023-01-13 Listing Removed — REALCOMP
• 2022-09-27 Relisted — MiRealSource-MiMLS
• 2022-09-27 Relisted — REALCOMP
• 2022-09-24 Pending — MiRealSource-MiMLS
• 2022-09-24 Pending — REALCOMP
• 2022-08-05 Price Changed $54,000 MiRealSource-MiMLS
• 2022-08-05 Price Changed $54,000 REALCOMP
• 2022-06-22 Price Changed $59,000 MiRealSource-MiMLS
• 2022-06-21 Price Changed $59,000 REALCOMP
• 2022-04-13 Price Changed $68,000 MiRealSource-MiMLS
• 2022-04-12 Price Changed $68,000 REALCOMP
• 2022-03-09 Listed $74,000 MiRealSource-MiMLS
• 2022-03-09 Listed $74,000 REALCOMP
• 2022-01-18 Listing Removed — REALCOMP
• 2022-01-18 Listing Removed — MiRealSource-MiMLS
• 2021-08-23 Price Changed $79,000 MiRealSource-MiMLS
• 2021-08-23 Price Changed $79,000 REALCOMP
• 2021-08-22 Relisted — MiRealSource-MiMLS
• 2021-08-22 Relisted — REALCOMP
• 2021-07-27 Listing Removed — REALCOMP
• 2021-07-27 Listing Removed — MiRealSource-MiMLS
• 2021-07-07 Listed $85,000 MiRealSource-MiMLS
• 2021-07-07 Listed $85,000 REALCOMP
• 2021-06-07 Listing Removed — REALCOMP
• 2021-06-07 Listing Removed — MiRealSource-MiMLS
• 2021-06-02 Listed $80,000 MiRealSource-MiMLS
• 2021-06-02 Listed $80,000 REALCOMP
• 2020-12-31 Sold (MLS) $30,000 MiRealSource-MiMLS
• 2020-12-31 Sold (MLS) $30,000 REALCOMP
• 2020-12-06 Contingent — REALCOMP
• 2020-08-20 Relisted — REALCOMP
• 2020-08-06 Contingent — REALCOMP
• 2019-03-27 Listed $30,000 MiRealSource-MiMLS
• 2019-03-27 Listed $30,000 REALCOMP
• 2012-09-26 Sold (MLS) $6,200 MiRealSource-MiMLS
• 2012-09-26 Sold (MLS) $6,200 REALCOMP
• 2012-08-31 Listing Removed — MiRealSource-MiMLS
• 2012-08-31 Listing Removed — REALCOMP
• 2012-03-30 Listed $7,500 MiRealSource-MiMLS
• 2012-03-30 Listed $7,500 REALCOMP
• 2008-03-03 Sold (Public Records) $49,500 Public Records
• 2007-04-18 Sold (MLS) $55,000 REALCOMP
• 2006-10-20 Listed $64,000 REALCOMP
• 2001-09-14 Sold (Public Records) $75,000 Public Records
• 2000-10-20 Sold (MLS) $75,000 REALCOMP
• 2000-05-16 Listed $75,000 REALCOMP
• 1993-05-03 Sold (Public Records) $32,000 Public Records

Property tax history

+3.6%/yr

Latest (2025): $2,888 · -54.5% YoY. Source: county tax records.