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27377 Palmer Blvd
D Composite 43.25
Why this score? — see what drove the D 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 +15.6/30.0
  • ARV discount +7.6/15.0
  • DSCR +4.8/10.0
  • 1% rule +4.2/10.0
  • Livability +4.0/5.0
  • Rent growth +3.2/5.0
  • Condition / age +2.5/5.0
  • Schools +1.3/10.0
  • Appreciation +0.0/10.0

$189,900

27377 Palmer Blvd · Madison Heights, MI 48071
3 bd · 1.0 ba · 910 sqft · SingleFamily public records · 7 Days on market
Built 1955 5,227 sqft lot Est $190k · at est.

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Very Nice 3 Bedroom, 1 Bath Bungalow, Loads of features, quiet dead end road. Just blocks from downtown Royal Oak. Updated kitchen. Updates in the past 10 years Electrical( 24) Central Air(24) furnace, Roof and shed. Nice covered patio overlooks good sized fenced backyard. This home shows well and makes for a prime opportunity. Better than rent.

Key facts

  • 5,227 sq ft lot
  • Built 1955
  • Listed 7 days

Property features AI

Finance

  • Other: Lot dimensions approximately 40 x 135 (0.12 acres); No pool
  • Financial info: Financial details not provided
  • HOA & community: HOA information not provided

Exterior

  • Parking: Driveway; no garage
  • Security: Security features not specified
  • Utilities: Public water; Public sewer; Electric service with circuit breakers
  • Home design: Single-family residence; One and one half stories; Ground-level entry with steps; Vinyl siding
  • Construction: Asphalt roof; Vinyl siding construction
  • Exterior features: Covered patio and porch; Patio; Porch; Paved road access; Pets allowed

Interior

  • Kitchen: Appliances not specified
  • Bedrooms: Bedrooms not specified
  • Flooring: Flooring not specified
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Forced air heating (natural gas); Central air conditioning
  • Interior features: Gas water heater; Crawl space basement; 6 total rooms
  • Laundry & utility: Dedicated laundry room

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.0-bath single-family listed at $190k.

Deal economics

  • At list price, monthly cash flow is $80 ($959/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 $176k (7.6% below list).
  • Recommended offer: $176k (7.6% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 81/100 on livability (#62 in MI, #1,347 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: health & safety D.
  • Madison District Public Schools (suburban): math 9% / reading 21% proficiency, ranked #502 of 540 in MI (top 93%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Madison Elementary School (math 12% / reading 17%, grade F, #1,185 of 1,397 statewide, top 86%, 337 students, 79% FRL); Wilkinson Middle School (math 8% / reading 17%, grade F, #466 of 493 statewide, top 95%, 189 students, 80% FRL); Madison High School (math 5% / reading 34%, grade F, #611 of 713 statewide, top 87%, 269 students, 78% FRL).
  • Market conditions: Rents rising (+2.8%/yr); 141 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals leasing fast (median 7d on market — plan ~1-2 weeks tenant-placement turnaround); 2,614 units permitted in Oakland County in 2024 (721 in 5+ unit buildings).
  • This rent runs 30% of the median local income ($70k/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 $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
  • Oakland County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

  • Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
  • 10 sale attempts since 21y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $130k; 46% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $175,527 (7.6% below list)

Questions for the listing agent

  1. Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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?
  4. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  5. 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.
  6. 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.
  7. 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
0.92%
Cap rate
6.80%
Cash-on-cash
1.80%
DSCR
1.08
GRM
9.0

CMA / ARV

ARV (on-the-fly)
$190,190
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
27377 Palmer Blvd 0.00mi 3/1.0 910 (0%) 1mo $189,900 $209 99
27709 Dartmouth St 0.19mi 3/1.0 905 (-0%) 2mo $225,000 $249 89
27359 Brettonwoods St 0.18mi 3/1.0 1,004 (+10%) 0mo $190,000 $189 74
318 Royal Park Ln 0.07mi 3/1.0 1,026 (+13%) 2mo $161,000 $157 74
27042 Brettonwoods St 0.23mi 3/1.0 1,011 (+11%) 0mo $196,000 $194 70
27096 Hampden St 0.24mi 2/1.0 (-1) 840 (-8%) 1mo $150,000 $179 70
26707 Alger Blvd 0.35mi 3/1.0 1,000 (+10%) 2mo $230,000 $230 65
26536 Dartmouth St 0.45mi 2/1.0 (-1) 854 (-6%) 0mo $138,900 $163 64
415 N Stephenson Hwy 0.44mi 3/1.5 978 (+8%) 3mo $225,000 $230 63
27304 Delton St 0.39mi 2/1.0 (-1) 800 (-12%) 0mo $190,000 $238 56
26721 Barrington St 0.34mi 2/1.0 (-1) 775 (-15%) 2mo $136,000 $175 53
2304 E 4th St 0.62mi 3/1.0 1,042 (+14%) 1mo $335,000 $321 46

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 · 2.81% rent growth · sell at horizon

5-year hold
IRR
-13.6%
Equity multiple
0.51×
Total profit
$-25,995
Equity at exit
$28,315
10-year hold
IRR
-5.0%
Equity multiple
0.67×
Total profit
$-17,359
Equity at exit
$16,419

Cash invested: $53,172 (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.

ZIP-level market 48071

Rents YoY
2.8%
Active inventory
141
Price-to-rent
9.0×

Monthly cashflow live

Estimated rent
$1,755 high interval (Pro) →
Mortgage (P&I)
$996
Tax from tax record
$232 /mo · $2,781/yr
Insurance
$79
HOA
$0
Vacancy / Maint / Mgmt
$369
Net cashflow
$80

Break-even live

Break-even rent $1,654
Max offer price $189,900
Occupancy floor 90%

Sensitivity live

Price -10% $187 -5% $134 +0% $80 +5% $26 +10% $-28
Rent -10% $-59 -5% $11 +0% $80 +5% $149 +10% $219
Rate -1.0pp $176 -0.5pp $128 base $80 +0.5pp $31 +1.0pp $-19

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
$47,475
Closing costs
$5,697
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 19 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
27865 Brettonwoods St Madison Heights, MI 3.0 2.0 964 $2,000 $2.07 13d 1 0.32mi
27700 N Stephenson Hwy Madison Heights, MI 1.0–2.0 1.0 747 $1,450 $1.94 1d 8 0.40mi
28218 Diesing Dr Madison Heights, MI 3.0 1.5 1009 $1,700 $1.68 45d 1 0.42mi
27392 Osmun St Madison Heights, MI 2.0 1.0 696 $1,250 $1.80 26d 1 0.42mi
1820 Taylor Ave Royal Oak, MI 2.0 1.0 832 $1,700 $2.04 16d 1 0.68mi
1725 Gardenia Ave Royal Oak, MI 2.0 1.0 900 $1,350 $1.50 26d 1 0.81mi
1132 N Campbell Rd Royal Oak, MI 2.0–3.0 1.0–1.5 1125 $2,085 $1.85 1d 8 0.82mi
328 W Kalama Ave Madison Heights, MI 3.0 1.0 900 $1,575 $1.75 7d 1 0.82mi
617 S Edgeworth Ave Royal Oak, MI 2.0 1.0 955 $2,125 $2.23 26d 1 0.83mi
27385 Park Ct Unit 1364147P Madison Heights, MI 3.0 1.0 904 $1,618 $1.79 1d 1 0.88mi
1007 Gardenia Ave Unit 1009 Royal Oak, MI 2.0 1.0 1000 $1,400 $1.40 26d 1 1.24mi
818 Etowah Ave Unit 1032341P Royal Oak, MI 2.0 1.0 893 $6,677 $7.48 0d 1 1.33mi
1816 Guthrie Ave Royal Oak, MI 3.0 1.0 1100 $1,800 $1.64 7d 1 1.34mi
1554 Cynthia Ave Madison Heights, MI 3.0 1.5 1021 $1,950 $1.91 6d 1 1.38mi
14895 Twelve Mile Rd Warren, MI 1.0–2.0 1.0–1.5 1025 $1,560 $1.52 3d 4 1.39mi
916 Cherokee Ave Royal Oak, MI 2.0 1.5 944 $2,250 $2.38 5d 1 1.41mi
27489 Parkview Blvd Warren, MI 1.0–2.0 1.0–1.5 850 $1,465 $1.72 1d 11 1.45mi
2181 Coy St Ferndale, MI 3.0 1.0 1050 $1,995 $1.90 13d 1 1.46mi
609 E Eleven Mile Rd Royal Oak, MI 1.0–2.0 1.0 925 $1,375 $1.49 26d 1 1.48mi

Listing history 33 events

  1. 2026-05-01
    status Pending
    Show marketing remark (347 chars)

    Very Nice 3 Bedroom, 1 Bath Bungalow, Loads of features, quiet dead end road. Just blocks from downtown Royal Oak. Updated kitchen. Updates in the past 10 years Electrical( 24) Central Air(24) furnace, Roof and shed. Nice covered patio overlooks good sized fenced backyard. This home shows well and makes for a prime opportunity. Better than rent.

  2. 2026-05-01
    status Pending 347-char remark
    Show marketing remark (347 chars)

    Very Nice 3 Bedroom, 1 Bath Bungalow, Loads of features, quiet dead end road. Just blocks from downtown Royal Oak. Updated kitchen. Updates in the past 10 years Electrical( 24) Central Air(24) furnace, Roof and shed. Nice covered patio overlooks good sized fenced backyard. This home shows well and makes for a prime opportunity. Better than rent.

  3. 2026-04-25
    listed $189,900 Active 347-char remark
    Show marketing remark (347 chars)

    Very Nice 3 Bedroom, 1 Bath Bungalow, Loads of features, quiet dead end road. Just blocks from downtown Royal Oak. Updated kitchen. Updates in the past 10 years Electrical( 24) Central Air(24) furnace, Roof and shed. Nice covered patio overlooks good sized fenced backyard. This home shows well and makes for a prime opportunity. Better than rent.

  4. 2026-04-25
    listed $189,900 Active
    Show marketing remark (347 chars)

    Very Nice 3 Bedroom, 1 Bath Bungalow, Loads of features, quiet dead end road. Just blocks from downtown Royal Oak. Updated kitchen. Updates in the past 10 years Electrical( 24) Central Air(24) furnace, Roof and shed. Nice covered patio overlooks good sized fenced backyard. This home shows well and makes for a prime opportunity. Better than rent.

  5. 2026-04-23
    price $189,900 347-char remark
    Show marketing remark (347 chars)

    Very Nice 3 Bedroom, 1 Bath Bungalow, Loads of features, quiet dead end road. Just blocks from downtown Royal Oak. Updated kitchen. Updates in the past 10 years Electrical( 24) Central Air(24) furnace, Roof and shed. Nice covered patio overlooks good sized fenced backyard. This home shows well and makes for a prime opportunity. Better than rent.

  6. 2026-04-22
    price $189,900
    Show marketing remark (347 chars)

    Very Nice 3 Bedroom, 1 Bath Bungalow, Loads of features, quiet dead end road. Just blocks from downtown Royal Oak. Updated kitchen. Updates in the past 10 years Electrical( 24) Central Air(24) furnace, Roof and shed. Nice covered patio overlooks good sized fenced backyard. This home shows well and makes for a prime opportunity. Better than rent.

  7. 2026-04-22
    historical $184,900 347-char remark
    Show marketing remark (347 chars)

    Very Nice 3 Bedroom, 1 Bath Bungalow, Loads of features, quiet dead end road. Just blocks from downtown Royal Oak. Updated kitchen. Updates in the past 10 years Electrical( 24) Central Air(24) furnace, Roof and shed. Nice covered patio overlooks good sized fenced backyard. This home shows well and makes for a prime opportunity. Better than rent.

  8. 2019-07-26
    soldstatus $130,000
  9. 2019-07-19
    soldstatus $130,000 Sold 676-char remark
    Show marketing remark (676 chars)

    PERFECT! That is all you need to say about this charming updated Madison Heights bungalow. Everything in this home has been updated and all that is left to do is move on in! This home features two nice sized bedrooms on the main floor and a third bedroom upstairs. The kitchen and bathroom have been completely updated with brand new counters, cabinetry, and flooring. All original hardwood flooring has been refinished and looks beautiful. Nice size backyard with storage shed and covered patio. New roof in 2014 and furnace replaced in 2016, close to I-75 and 696 as well as just minutes from downtown Royal Oak. Don't miss out on this perfect home! It will not last long!!!

  10. 2019-07-19
    soldstatus $130,000 Closed
    Show marketing remark (676 chars)

    PERFECT! That is all you need to say about this charming updated Madison Heights bungalow. Everything in this home has been updated and all that is left to do is move on in! This home features two nice sized bedrooms on the main floor and a third bedroom upstairs. The kitchen and bathroom have been completely updated with brand new counters, cabinetry, and flooring. All original hardwood flooring has been refinished and looks beautiful. Nice size backyard with storage shed and covered patio. New roof in 2014 and furnace replaced in 2016, close to I-75 and 696 as well as just minutes from downtown Royal Oak. Don't miss out on this perfect home! It will not last long!!!

  11. 2019-07-16
    historical 676-char remark
    Show marketing remark (676 chars)

    PERFECT! That is all you need to say about this charming updated Madison Heights bungalow. Everything in this home has been updated and all that is left to do is move on in! This home features two nice sized bedrooms on the main floor and a third bedroom upstairs. The kitchen and bathroom have been completely updated with brand new counters, cabinetry, and flooring. All original hardwood flooring has been refinished and looks beautiful. Nice size backyard with storage shed and covered patio. New roof in 2014 and furnace replaced in 2016, close to I-75 and 696 as well as just minutes from downtown Royal Oak. Don't miss out on this perfect home! It will not last long!!!

  12. 2019-06-18
    status Pending
    Show marketing remark (676 chars)

    PERFECT! That is all you need to say about this charming updated Madison Heights bungalow. Everything in this home has been updated and all that is left to do is move on in! This home features two nice sized bedrooms on the main floor and a third bedroom upstairs. The kitchen and bathroom have been completely updated with brand new counters, cabinetry, and flooring. All original hardwood flooring has been refinished and looks beautiful. Nice size backyard with storage shed and covered patio. New roof in 2014 and furnace replaced in 2016, close to I-75 and 696 as well as just minutes from downtown Royal Oak. Don't miss out on this perfect home! It will not last long!!!

  13. 2019-06-18
    status Pending 676-char remark
    Show marketing remark (676 chars)

    PERFECT! That is all you need to say about this charming updated Madison Heights bungalow. Everything in this home has been updated and all that is left to do is move on in! This home features two nice sized bedrooms on the main floor and a third bedroom upstairs. The kitchen and bathroom have been completely updated with brand new counters, cabinetry, and flooring. All original hardwood flooring has been refinished and looks beautiful. Nice size backyard with storage shed and covered patio. New roof in 2014 and furnace replaced in 2016, close to I-75 and 696 as well as just minutes from downtown Royal Oak. Don't miss out on this perfect home! It will not last long!!!

  14. 2019-06-13
    listed $124,900 Active 676-char remark
    Show marketing remark (676 chars)

    PERFECT! That is all you need to say about this charming updated Madison Heights bungalow. Everything in this home has been updated and all that is left to do is move on in! This home features two nice sized bedrooms on the main floor and a third bedroom upstairs. The kitchen and bathroom have been completely updated with brand new counters, cabinetry, and flooring. All original hardwood flooring has been refinished and looks beautiful. Nice size backyard with storage shed and covered patio. New roof in 2014 and furnace replaced in 2016, close to I-75 and 696 as well as just minutes from downtown Royal Oak. Don't miss out on this perfect home! It will not last long!!!

  15. 2019-06-13
    listed $124,900 Active
    Show marketing remark (676 chars)

    PERFECT! That is all you need to say about this charming updated Madison Heights bungalow. Everything in this home has been updated and all that is left to do is move on in! This home features two nice sized bedrooms on the main floor and a third bedroom upstairs. The kitchen and bathroom have been completely updated with brand new counters, cabinetry, and flooring. All original hardwood flooring has been refinished and looks beautiful. Nice size backyard with storage shed and covered patio. New roof in 2014 and furnace replaced in 2016, close to I-75 and 696 as well as just minutes from downtown Royal Oak. Don't miss out on this perfect home! It will not last long!!!

  16. 2012-09-07
    soldstatus $35,700
  17. 2012-09-07
    soldstatus $35,700
  18. 2012-08-27
    historical
  19. 2012-07-20
    listed $42,950
  20. 2012-07-20
    listed $42,950
  21. 2012-07-19
    historical
  22. 2012-07-19
    historical
  23. 2012-07-05
    listed $42,950
  24. 2012-07-05
    listed $42,950
  25. 2005-06-21
    soldstatus $114,500
  26. 2005-06-20
    soldstatus $114,500
  27. 2005-06-20
    soldstatus $114,500
  28. 2005-05-10
    historical
  29. 2005-04-25
    listed $115,000
  30. 2005-04-25
    listed $115,000
  31. 1989-10-09
    soldstatus $46,500
  32. 1989-05-12
    soldstatus $10,650
  33. 1989-05-12
    soldstatus $36,400

ⓘ 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
$2,781 · $232/mo
Projected year-2 tax
$2,853 · $238/mo
Expected delta
+$72/yr (+$6/mo · 2.6%)

ⓘ 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 2/10 Low 7 d/yr ≥98°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$21,063
− Mortgage interest
−$10,637
− Property taxes
−$2,781
− Insurance
−$950
− Repairs & maintenance
−$1,685
− Management
−$1,685
− Depreciation
−$5,524
Taxable loss
−$2,200
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$528
After-tax cash flow
$1,487/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
Madison District Public Schools
NCES district ID
2622290
Math proficiency
9% ▼ -11.00%
Reading proficiency
21% ▼ -12.00%
Median HH income
$41,297
Composite
12.89/100
National rank
#9586
State rank
#502 of 540 in MI

Livability — Madison Heights

Score
81/100
State rank
#62
US rank
#1347

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Madison Heights, MI
County
Oakland County · 1,009,092 people
City population
28,419
Metro
Detroit-Warren-Dearborn, MI
Population (ZIP)
28,419
Household income
$69,503
Rent vs Own
35.2% rent · 64.8% own
Severe rent burden
786.0

Population outlook (Oakland County) Hauer SSP2

Today (2025)
1,335,747 people
By 2030
1,375,100 · +2.9%
By 2040
1,435,385 · +7.5%
By 2050
1,469,250 · +10.0%
By 2075
1,531,946 · +14.7%
By 2100
1,450,485 · +8.6%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (79%)
Race & ethnicity
White 79% Black 7% Asian 7% Two or more races 4% Hispanic / Latino 2%
Common ancestry
Romanian 11% Lithuanian 3% Slovak 2%
Foreign-born
14% · China, Canada, South Korea
Languages at home
84% English-only · Chinese 3% Other Indo-European 3% Arabic 2%

Political lean MEDSL · Oakland

2024 margin
D (+10.6) · D 54.4% · R 43.8% · Other 1.9%
2008→2024 swing
-3.9pp toward R · 2008: 14.5pp · 2024: 10.6pp
All cycles
2024: D+10.6 2020: D+14.1 2016: D+8.1 2012: D+8.1 2008: D+14.5

Not yet ingested

Civics

Market trends

HPI YoY
▼ -275.69%
Current HPI
243.4861
Rent YoY
▲ 2.81%
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

Price history

+1683.1% since first listed
33 events — show timeline
  • 2026-05-01 Pending REALCOMP
  • 2026-05-01 Pending MiRealSource-MiMLS
  • 2026-04-25 Listed $189,900 MiRealSource-MiMLS
  • 2026-04-25 Listed $189,900 REALCOMP
  • 2026-04-23 Price Changed $189,900 MiRealSource-MiMLS
  • 2026-04-22 Price Changed $189,900 REALCOMP
  • 2026-04-22 Coming Soon $184,900 MiRealSource-MiMLS
  • 2019-07-26 Sold (Public Records) $130,000 Public Records
  • 2019-07-19 Sold (MLS) $130,000 MiRealSource-MiMLS
  • 2019-07-19 Sold (MLS) $130,000 REALCOMP
  • 2019-07-16 Listing Removed REALCOMP
  • 2019-06-18 Pending MiRealSource-MiMLS
  • 2019-06-18 Pending REALCOMP
  • 2019-06-13 Listed $124,900 MiRealSource-MiMLS
  • 2019-06-13 Listed $124,900 REALCOMP
  • 2012-09-07 Sold (MLS) $35,700 REALCOMP
  • 2012-09-07 Sold (MLS) $35,700 MiRealSource-MiMLS
  • 2012-08-27 Listing Removed MiRealSource-MiMLS
  • 2012-07-20 Listed $42,950 REALCOMP
  • 2012-07-20 Listed $42,950 MiRealSource-MiMLS
  • 2012-07-19 Listing Removed REALCOMP
  • 2012-07-19 Listing Removed MiRealSource-MiMLS
  • 2012-07-05 Listed $42,950 REALCOMP
  • 2012-07-05 Listed $42,950 MiRealSource-MiMLS
  • 2005-06-21 Sold (Public Records) $114,500 Public Records
  • 2005-06-20 Sold (MLS) $114,500 REALCOMP
  • 2005-06-20 Sold (MLS) $114,500 MiRealSource-MiMLS
  • 2005-05-10 Listing Removed MiRealSource-MiMLS
  • 2005-04-25 Listed $115,000 REALCOMP
  • 2005-04-25 Listed $115,000 MiRealSource-MiMLS
  • 1989-10-09 Sold (Public Records) $46,500 Public Records
  • 1989-05-12 Sold (Public Records) $36,400 Public Records
  • 1989-05-12 Sold (Public Records) $10,650 Public Records

Property tax history

+7.7%/yr

Latest (2025): $2,781 · +2.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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