20201 Lochmoor St · Harper Woods, MI 48225

$189,000

3 bd · 1.0 ba · 988 sqft · SingleFamily public records · 139 Days on market

Built 1952 6,098 sqft lot $191/sqft · 87% above area Est $202k · 7% under

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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 +10.9/30.0
• ARV discount +10.5/15.0
• Schools +5.7/10.0
• Rent growth +3.8/5.0
• Livability +3.7/5.0
• DSCR +3.2/10.0
• 1% rule +2.9/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This classic brick ranch is the definition of "solid gold" in Harper Woods. Meticulously maintained and located within the sought-after Grosse Pointe School District, this home offers a rare middle ground for buyers: the peace of mind that comes with a structurally sound property and the exciting opportunity to build instant equity through simple cosmetic updates. The heavy lifting has already been done for you, with a NEW AIR CONDITIONER (2024), newer roof and furnace (2016), updated windows, and a recently replaced sewer line to the street. Inside, the home is exceptionally clean and functional. You can live in it comfortably today while you plan your weekend projects, such as pulling up the plush carpeting to reveal the original oak hardwoods preserved underneath. The updated oak kitchen is ready for a modern color palette, and the fully finished basement provides nearly 1,000 square feet of extra living space with recessed lighting and a dedicated workshop area. Complete with a three-season breezeway, a fenced corner lot, and a detached two-car garage with a newer cement floor, this is a "pristine vintage" find waiting for your 2026 vision. Property Highlights • Structural Peace of Mind: New Air Conditioner (2024), Newer Roof and Furnace (2016) plus updated windows. • Infrastructure Ready: New sewer line installed from the home to the street. • Cosmetic Opportunity: Original oak hardwood floors are preserved beneath the current carpeting. • School District: Prime location within the Grosse Pointe Public School system. • Finished Lower Level: Large recreation room in the basement with drop ceilings and glass block windows. • Exterior Assets: Spacious corner lot featuring a fenced backyard and a detached 2-car garage with electricity. • Extra Living Space: Includes a breezeway between the home and garage used as a 3-season room.

Key facts

• 6,098 sq ft lot
• 2 garage spots
• Built 1952

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $189k.

Deal economics

• At list price, monthly cash flow is $-82 ($-988/yr) — negative.
• To cash-flow at today's rent, offer at most $174k (7.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $149k (21.1% below list).
• Recommended offer: $149k (21.1% below list) — sets the bar for 1% rule.
• Cap rate 5.8% vs local median 7.7% in Harper Woods — 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 (#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+, crime F.
• Grosse Pointe Public Schools (suburban): math 56% / reading 68% proficiency, ranked #24 of 540 in MI (top 4%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 13% free/reduced lunch — higher-income household profile.
• Zoned schools: Parcells Middle School (math 43% / reading 56%, grade C, #127 of 493 statewide, top 26%, 677 students, 36% FRL); Grosse Pointe North High School (math 45% / reading 73%, grade C+, #87 of 713 statewide, top 12%, 1,081 students, 31% FRL) — zoned schools average 33% FRL vs 13% district-wide (20 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+5.1%/yr); 134 active listings in the ZIP; 24 comparable units currently listed for rent nearby; rentals at typical pace (median 19d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $1k of loan paydown is wiped out by about $6k 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 139 days — a 12% lower offer ($166k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 3y ago; this cycle's ask has dropped $11k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $160k; 18% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1952 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $149,108 (21.1% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 139 days. Have you received any prior offers? Is the seller open to a 21% concession, seller financing, or rate buy-down credit?
3. Built in 1952 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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?
9. 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.
10. 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.
11. 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: 0.79% ✗
• Cap rate: 5.77%
• Cash-on-cash: -1.87%
• DSCR: 0.92
• GRM: 10.6

CMA / ARV

• ARV (median comp): $202,278
• List price: $189,000
• Delta: -6.56%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
20402 Kenmore Ave	0.18mi	3/1.5	1,055 (+7%)	3mo	$110,000	$104	76
20672 Fleetwood Dr	0.36mi	3/1.0	1,031 (+4%)	6mo	$115,000	$112	71
20688 Fleetwood Dr	0.37mi	3/1.0	1,053 (+7%)	3mo	$173,000	$164	69
20602 Kenmore Ave	0.30mi	3/2.0	1,055 (+7%)	3mo	$163,850	$155	68
19993 Woodmont St	0.21mi	3/1.5	1,064 (+8%)	10mo	$188,000	$177	68
20450 Lochmoor St	0.18mi	3/1.0	1,107 (+12%)	8mo	$135,000	$122	65
20886 Hunt Club Dr	0.51mi	3/1.5	1,044 (+6%)	7mo	$213,300	$204	59
19720 Woodside St	0.73mi	3/1.5	975 (-1%)	5mo	$142,900	$147	57
20871 Van Antwerp St	0.61mi	2/1.5 (-1)	950 (-4%)	3mo	$170,000	$179	56
21200 Country Club Dr	0.67mi	3/1.0	1,094 (+11%)	9mo	$210,000	$192	43
21101 Norwood Dr	0.59mi	3/2.0	1,122 (+14%)	10mo	$245,000	$218	37
2368 Allard Ave	0.69mi	2/2.0 (-1)	1,111 (+12%)	5mo	$205,000	$185	34

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: -17.2%
• Equity multiple: 0.38×
• Total profit: $-32,657
• Equity at exit: $28,181

10-year hold

• IRR: -5.8%
• Equity multiple: 0.60×
• Total profit: $-21,431
• Equity at exit: $16,341

Cash invested: $52,920 (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: 10.6×

Monthly cashflow live

• Estimated rent: $1,491 high
• Mortgage (P&I): −$991
• Tax from tax record: −$190 /mo · $2,284/yr
• Insurance: −$79
• HOA: −$0
• Vacancy / Maint / Mgmt: −$313
• Net cashflow: $-82

Break-even live

Break-even rent $1,595

Max offer price $174,463

Occupancy floor —

Sensitivity live

Price	-10% $25	-5% $-29	+0% $-82	+5% $-136	+10% $-189
Rent	-10% $-200	-5% $-141	+0% $-82	+5% $-23	+10% $36
Rate	-1.0pp $13	-0.5pp $-34	base $-82	+0.5pp $-131	+1.0pp $-181

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: $47,250
• Closing costs: $5,670
• Reserves months: —
• Total cash needed: —

Rent comps 24 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
20015 Lochmoor St Harper Woods, MI	3.0	1.0	1006	$1,500	$1.49	18d	1	0.01mi
20600 Balfour St Harper Woods, MI	1.0–2.0	1.0–2.0	971	$1,640	$1.69	0d	14	0.39mi
2037 Vernier Rd Grosse Pointe Woods, MI	2.0	1.0	850	$1,350	$1.59	45d	1	0.87mi
19152 Woodside St Harper Woods, MI	3.0	1.0	916	$1,500	$1.64	19d	1	0.87mi
19661 Kenosha St Harper Woods, MI	3.0	2.0	1000	$1,400	$1.40	26d	1	0.87mi
2175 Ridgemont Rd Grosse Pointe Woods, MI	2.0	1.0	1100	$1,300	$1.18	45d	1	0.92mi
1992 Hawthorne Rd Grosse Pointe Woods, MI	3.0	2.0	1071	$2,100	$1.96	12d	1	1.00mi
20461 Kingsville St Harper Woods, MI	4.0	1.0	1100	$1,399	$1.27	16d	1	1.01mi
19365 Kingsville St Harper Woods, MI	4.0	1.5	996	$1,650	$1.66	16d	1	1.03mi
19442 Kingsville St Harper Woods, MI	3.0	1.0	1000	$1,500	$1.50	19d	1	1.03mi
19982 McCormick St Detroit, MI	3.0	1.0	866	$1,200	$1.39	5d	1	1.04mi
19639 Moross Rd Unit 1 Detroit, MI	2.0	1.0	900	$1,100	$1.22	45d	1	1.09mi
19203 Edgefield St Harper Woods, MI	2.0	1.0	1100	$1,100	$1.00	26d	1	1.17mi
10985 Peerless St Detroit, MI	3.0	1.0	1000	$1,364	$1.36	6d	1	1.21mi
19144 Moross Rd Detroit, MI	2.0	1.0	900	$1,050	$1.17	45d	1	1.23mi
16410 Edmore Dr Detroit, MI	3.0	1.0	850	$1,250	$1.47	16d	1	1.27mi
12075 Rossiter St Detroit, MI	3.0	1.0	1100	$1,245	$1.13	16d	1	1.30mi
12075 Rossiter St Detroit, MI	3.0	1.0	1100	$1,245	$1.13	45d	1	1.30mi
16291 Eastburn St Detroit, MI	3.0	1.0	1000	$1,364	$1.36	26d	1	1.30mi
21401 Kingsville St Harper Woods, MI	2.0	1.0	944	$1,200	$1.27	26d	1	1.30mi
16225 Manning St Detroit, MI	4.0	2.0	1036	$1,475	$1.42	45d	1	1.32mi
10542 Lanark St Detroit, MI	3.0	1.0	1023	$1,250	$1.22	45d	1	1.38mi
16212 Maddelein St Detroit, MI	2.0	1.0	800	$1,200	$1.50	14d	1	1.39mi
12716 Riad St Detroit, MI	3.0	1.0	974	$1,275	$1.31	19d	1	1.49mi

Listing history 32 events

1. 2026-06-21
   days on market $189,000 Active 139 DOM
2. 2026-06-18
   days on market $189,000 Active 136 DOM
3. 2026-06-17
   days on market $189,000 Active 135 DOM
4. 2026-06-16
   days on market $189,000 Active 134 DOM
5. 2026-06-15
   days on market $189,000 Active 133 DOM
6. 2026-06-13
   days on market $189,000 Active 131 DOM
7. 2026-06-13
   days on market $189,000 Active 130 DOM
8. 2026-06-09
   days on market $189,000 Active 127 DOM
9. 2026-06-08
   days on market $189,000 Active 126 DOM
10. 2026-06-07
    days on market $189,000 Active 125 DOM
11. 2026-06-04
    days on market $189,000 Active 122 DOM
12. 2026-06-03
    days on market $189,000 Active 121 DOM
13. 2026-06-02
    days on market $189,000 Active 120 DOM
14. 2026-06-01
    days on market $189,000 Active 119 DOM
15. 2026-05-31
    days on market $189,000 Active 118 DOM
16. 2026-05-18
    status Active 2008-char remark

    Show marketing remark (1918 chars)

    This classic brick ranch is the definition of "solid gold" in Harper Woods. Meticulously maintained and located within the sought-after Grosse Pointe School District, this home offers a rare middle ground for buyers: the peace of mind that comes with a structurally sound property and the exciting opportunity to build instant equity through simple cosmetic updates. The heavy lifting has already been done for you, with a NEW AIR CONDITIONER (2024), newer roof and furnace (2016), updated windows, and a recently replaced sewer line to the street. Inside, the home is exceptionally clean and functional. You can live in it comfortably today while you plan your weekend projects, such as pulling up the plush carpeting to reveal the original oak hardwoods preserved underneath. The updated oak kitchen is ready for a modern color palette, and the fully finished basement provides nearly 1,000 square feet of extra living space with recessed lighting and a dedicated workshop area. Complete with a three-season breezeway, a fenced corner lot, and a detached two-car garage with a newer cement floor, this is a "pristine vintage" find waiting for your 2026 vision. Property Highlights • Structural Peace of Mind: New Air Conditioner (2024), Newer Roof and Furnace (2016) plus updated windows. • Infrastructure Ready: New sewer line installed from the home to the street. • Cosmetic Opportunity: Original oak hardwood floors are preserved beneath the current carpeting. • School District: Prime location within the Grosse Pointe Public School system. • Finished Lower Level: Large recreation room in the basement with drop ceilings and glass block windows. • Exterior Assets: Spacious corner lot featuring a fenced backyard and a detached 2-car garage with electricity. • Extra Living Space: Includes a breezeway between the home and garage used as a 3-season room.

17. 2026-05-18
    status Active 1918-char remark

    Show marketing remark (1918 chars)

    This classic brick ranch is the definition of "solid gold" in Harper Woods. Meticulously maintained and located within the sought-after Grosse Pointe School District, this home offers a rare middle ground for buyers: the peace of mind that comes with a structurally sound property and the exciting opportunity to build instant equity through simple cosmetic updates. The heavy lifting has already been done for you, with a NEW AIR CONDITIONER (2024), newer roof and furnace (2016), updated windows, and a recently replaced sewer line to the street. Inside, the home is exceptionally clean and functional. You can live in it comfortably today while you plan your weekend projects, such as pulling up the plush carpeting to reveal the original oak hardwoods preserved underneath. The updated oak kitchen is ready for a modern color palette, and the fully finished basement provides nearly 1,000 square feet of extra living space with recessed lighting and a dedicated workshop area. Complete with a three-season breezeway, a fenced corner lot, and a detached two-car garage with a newer cement floor, this is a "pristine vintage" find waiting for your 2026 vision. Property Highlights • Structural Peace of Mind: New Air Conditioner (2024), Newer Roof and Furnace (2016) plus updated windows. • Infrastructure Ready: New sewer line installed from the home to the street. • Cosmetic Opportunity: Original oak hardwood floors are preserved beneath the current carpeting. • School District: Prime location within the Grosse Pointe Public School system. • Finished Lower Level: Large recreation room in the basement with drop ceilings and glass block windows. • Exterior Assets: Spacious corner lot featuring a fenced backyard and a detached 2-car garage with electricity. • Extra Living Space: Includes a breezeway between the home and garage used as a 3-season room.

18. 2026-05-15
    status Pending 2008-char remark

    Show marketing remark (1918 chars)

    This classic brick ranch is the definition of "solid gold" in Harper Woods. Meticulously maintained and located within the sought-after Grosse Pointe School District, this home offers a rare middle ground for buyers: the peace of mind that comes with a structurally sound property and the exciting opportunity to build instant equity through simple cosmetic updates. The heavy lifting has already been done for you, with a NEW AIR CONDITIONER (2024), newer roof and furnace (2016), updated windows, and a recently replaced sewer line to the street. Inside, the home is exceptionally clean and functional. You can live in it comfortably today while you plan your weekend projects, such as pulling up the plush carpeting to reveal the original oak hardwoods preserved underneath. The updated oak kitchen is ready for a modern color palette, and the fully finished basement provides nearly 1,000 square feet of extra living space with recessed lighting and a dedicated workshop area. Complete with a three-season breezeway, a fenced corner lot, and a detached two-car garage with a newer cement floor, this is a "pristine vintage" find waiting for your 2026 vision. Property Highlights • Structural Peace of Mind: New Air Conditioner (2024), Newer Roof and Furnace (2016) plus updated windows. • Infrastructure Ready: New sewer line installed from the home to the street. • Cosmetic Opportunity: Original oak hardwood floors are preserved beneath the current carpeting. • School District: Prime location within the Grosse Pointe Public School system. • Finished Lower Level: Large recreation room in the basement with drop ceilings and glass block windows. • Exterior Assets: Spacious corner lot featuring a fenced backyard and a detached 2-car garage with electricity. • Extra Living Space: Includes a breezeway between the home and garage used as a 3-season room.

19. 2026-05-15
    status Pending 1918-char remark

    Show marketing remark (1918 chars)

    This classic brick ranch is the definition of "solid gold" in Harper Woods. Meticulously maintained and located within the sought-after Grosse Pointe School District, this home offers a rare middle ground for buyers: the peace of mind that comes with a structurally sound property and the exciting opportunity to build instant equity through simple cosmetic updates. The heavy lifting has already been done for you, with a NEW AIR CONDITIONER (2024), newer roof and furnace (2016), updated windows, and a recently replaced sewer line to the street. Inside, the home is exceptionally clean and functional. You can live in it comfortably today while you plan your weekend projects, such as pulling up the plush carpeting to reveal the original oak hardwoods preserved underneath. The updated oak kitchen is ready for a modern color palette, and the fully finished basement provides nearly 1,000 square feet of extra living space with recessed lighting and a dedicated workshop area. Complete with a three-season breezeway, a fenced corner lot, and a detached two-car garage with a newer cement floor, this is a "pristine vintage" find waiting for your 2026 vision. Property Highlights • Structural Peace of Mind: New Air Conditioner (2024), Newer Roof and Furnace (2016) plus updated windows. • Infrastructure Ready: New sewer line installed from the home to the street. • Cosmetic Opportunity: Original oak hardwood floors are preserved beneath the current carpeting. • School District: Prime location within the Grosse Pointe Public School system. • Finished Lower Level: Large recreation room in the basement with drop ceilings and glass block windows. • Exterior Assets: Spacious corner lot featuring a fenced backyard and a detached 2-car garage with electricity. • Extra Living Space: Includes a breezeway between the home and garage used as a 3-season room.

20. 2026-03-02
    price $189,000 2008-char remark

    Show marketing remark (2008 chars)

    This classic brick ranch is the definition of "solid gold" in Harper Woods. Meticulously maintained and located within the sought-after Grosse Pointe School District, this home offers a rare middle ground for buyers: the peace of mind that comes with a structurally sound property and the exciting opportunity to build instant equity through simple cosmetic updates. The heavy lifting has already been done for you, with a NEW AIR CONDITIONER (2024), newer roof and furnace (2016), updated windows, and a recently replaced sewer line to the street. Inside, the home is exceptionally clean and functional. You can live in it comfortably today while you plan your weekend projects, such as pulling up the plush carpeting to reveal the original oak hardwoods preserved underneath. The updated oak kitchen is ready for a modern color palette, and the fully finished basement provides nearly 1,000 square feet of extra living space with recessed lighting and a dedicated workshop area. Complete with a three-season breezeway, a fenced corner lot, and a detached two-car garage with a newer cement floor, this is a "pristine vintage" find waiting for your 2026 vision. Property Highlights • Structural Peace of Mind: New Air Conditioner (2024), Newer Roof and Furnace (2016) plus updated windows. • Infrastructure Ready: New sewer line installed from the home to the street. • Cosmetic Opportunity: Original oak hardwood floors are preserved beneath the current carpeting. • School District: Prime location within the Grosse Pointe Public School system. • Finished Lower Level: Large recreation room in the basement with drop ceilings and glass block windows. • Exterior Assets: Spacious corner lot featuring a fenced backyard and a detached 2-car garage with electricity. • Extra Living Space: Includes a breezeway between the home and garage used as a 3-season room.

21. 2026-03-01
    price $189,000 1918-char remark

    Show marketing remark (1918 chars)

    This classic brick ranch is the definition of "solid gold" in Harper Woods. Meticulously maintained and located within the sought-after Grosse Pointe School District, this home offers a rare middle ground for buyers: the peace of mind that comes with a structurally sound property and the exciting opportunity to build instant equity through simple cosmetic updates. The heavy lifting has already been done for you, with a NEW AIR CONDITIONER (2024), newer roof and furnace (2016), updated windows, and a recently replaced sewer line to the street. Inside, the home is exceptionally clean and functional. You can live in it comfortably today while you plan your weekend projects, such as pulling up the plush carpeting to reveal the original oak hardwoods preserved underneath. The updated oak kitchen is ready for a modern color palette, and the fully finished basement provides nearly 1,000 square feet of extra living space with recessed lighting and a dedicated workshop area. Complete with a three-season breezeway, a fenced corner lot, and a detached two-car garage with a newer cement floor, this is a "pristine vintage" find waiting for your 2026 vision. Property Highlights • Structural Peace of Mind: New Air Conditioner (2024), Newer Roof and Furnace (2016) plus updated windows. • Infrastructure Ready: New sewer line installed from the home to the street. • Cosmetic Opportunity: Original oak hardwood floors are preserved beneath the current carpeting. • School District: Prime location within the Grosse Pointe Public School system. • Finished Lower Level: Large recreation room in the basement with drop ceilings and glass block windows. • Exterior Assets: Spacious corner lot featuring a fenced backyard and a detached 2-car garage with electricity. • Extra Living Space: Includes a breezeway between the home and garage used as a 3-season room.

22. 2026-01-31
    listed $200,000 Active 2008-char remark

    Show marketing remark (1918 chars)

    This classic brick ranch is the definition of "solid gold" in Harper Woods. Meticulously maintained and located within the sought-after Grosse Pointe School District, this home offers a rare middle ground for buyers: the peace of mind that comes with a structurally sound property and the exciting opportunity to build instant equity through simple cosmetic updates. The heavy lifting has already been done for you, with a NEW AIR CONDITIONER (2024), newer roof and furnace (2016), updated windows, and a recently replaced sewer line to the street. Inside, the home is exceptionally clean and functional. You can live in it comfortably today while you plan your weekend projects, such as pulling up the plush carpeting to reveal the original oak hardwoods preserved underneath. The updated oak kitchen is ready for a modern color palette, and the fully finished basement provides nearly 1,000 square feet of extra living space with recessed lighting and a dedicated workshop area. Complete with a three-season breezeway, a fenced corner lot, and a detached two-car garage with a newer cement floor, this is a "pristine vintage" find waiting for your 2026 vision. Property Highlights • Structural Peace of Mind: New Air Conditioner (2024), Newer Roof and Furnace (2016) plus updated windows. • Infrastructure Ready: New sewer line installed from the home to the street. • Cosmetic Opportunity: Original oak hardwood floors are preserved beneath the current carpeting. • School District: Prime location within the Grosse Pointe Public School system. • Finished Lower Level: Large recreation room in the basement with drop ceilings and glass block windows. • Exterior Assets: Spacious corner lot featuring a fenced backyard and a detached 2-car garage with electricity. • Extra Living Space: Includes a breezeway between the home and garage used as a 3-season room.

23. 2026-01-31
    listed $200,000 Active 1918-char remark

    Show marketing remark (1918 chars)

    This classic brick ranch is the definition of "solid gold" in Harper Woods. Meticulously maintained and located within the sought-after Grosse Pointe School District, this home offers a rare middle ground for buyers: the peace of mind that comes with a structurally sound property and the exciting opportunity to build instant equity through simple cosmetic updates. The heavy lifting has already been done for you, with a NEW AIR CONDITIONER (2024), newer roof and furnace (2016), updated windows, and a recently replaced sewer line to the street. Inside, the home is exceptionally clean and functional. You can live in it comfortably today while you plan your weekend projects, such as pulling up the plush carpeting to reveal the original oak hardwoods preserved underneath. The updated oak kitchen is ready for a modern color palette, and the fully finished basement provides nearly 1,000 square feet of extra living space with recessed lighting and a dedicated workshop area. Complete with a three-season breezeway, a fenced corner lot, and a detached two-car garage with a newer cement floor, this is a "pristine vintage" find waiting for your 2026 vision. Property Highlights • Structural Peace of Mind: New Air Conditioner (2024), Newer Roof and Furnace (2016) plus updated windows. • Infrastructure Ready: New sewer line installed from the home to the street. • Cosmetic Opportunity: Original oak hardwood floors are preserved beneath the current carpeting. • School District: Prime location within the Grosse Pointe Public School system. • Finished Lower Level: Large recreation room in the basement with drop ceilings and glass block windows. • Exterior Assets: Spacious corner lot featuring a fenced backyard and a detached 2-car garage with electricity. • Extra Living Space: Includes a breezeway between the home and garage used as a 3-season room.

24. 2026-01-28
    historical $200,000 2008-char remark

    Show marketing remark (2008 chars)

    This classic brick ranch is the definition of "solid gold" in Harper Woods. Meticulously maintained and located within the sought-after Grosse Pointe School District, this home offers a rare middle ground for buyers: the peace of mind that comes with a structurally sound property and the exciting opportunity to build instant equity through simple cosmetic updates. The heavy lifting has already been done for you, with a NEW AIR CONDITIONER (2024), newer roof and furnace (2016), updated windows, and a recently replaced sewer line to the street. Inside, the home is exceptionally clean and functional. You can live in it comfortably today while you plan your weekend projects, such as pulling up the plush carpeting to reveal the original oak hardwoods preserved underneath. The updated oak kitchen is ready for a modern color palette, and the fully finished basement provides nearly 1,000 square feet of extra living space with recessed lighting and a dedicated workshop area. Complete with a three-season breezeway, a fenced corner lot, and a detached two-car garage with a newer cement floor, this is a "pristine vintage" find waiting for your 2026 vision. Property Highlights • Structural Peace of Mind: New Air Conditioner (2024), Newer Roof and Furnace (2016) plus updated windows. • Infrastructure Ready: New sewer line installed from the home to the street. • Cosmetic Opportunity: Original oak hardwood floors are preserved beneath the current carpeting. • School District: Prime location within the Grosse Pointe Public School system. • Finished Lower Level: Large recreation room in the basement with drop ceilings and glass block windows. • Exterior Assets: Spacious corner lot featuring a fenced backyard and a detached 2-car garage with electricity. • Extra Living Space: Includes a breezeway between the home and garage used as a 3-season room.

25. 2024-01-23
    soldstatus $159,900
26. 2024-01-23
    soldstatus $159,900 Closed
27. 2024-01-23
    soldstatus $159,900
28. 2023-11-30
    status Pending
29. 2023-11-27
    historical Accepting Backup Offers
30. 2023-11-20
    listed $159,900
31. 2023-11-20
    listed $159,900 Active
32. 1993-04-12
    soldstatus $86,000

ⓘ 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: $2,284 · $190/mo
• Projected year-2 tax: $2,597 · $216/mo
• Expected delta: +$313/yr (+$26/mo · 13.7%)

ⓘ 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 ≥96°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: $17,893
• − Mortgage interest: −$10,587
• − Property taxes: −$2,284
• − Insurance: −$945
• − Repairs & maintenance: −$1,431
• − Management: −$1,431
• − Depreciation: −$5,498
• Taxable loss: −$4,284
• Est. tax savings @ 24.0%: +$1,028
• After-tax cash flow: $41/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: Grosse Pointe Public Schools
• NCES district ID: 2625740
• Math proficiency: 56% ▼ -2.00%
• Reading proficiency: 68% ▲ 2.00%
• Median HH income: $89,975
• Composite: 56.51/100
• National rank: #1152
• State rank: #24 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

+119.8% since first listed

17 events — show timeline

• 2026-05-18 Relisted — MiRealSource-MiMLS
• 2026-05-18 Relisted — REALCOMP
• 2026-05-15 Pending — MiRealSource-MiMLS
• 2026-05-15 Pending — REALCOMP
• 2026-03-02 Price Changed $189,000 MiRealSource-MiMLS
• 2026-03-01 Price Changed $189,000 REALCOMP
• 2026-01-31 Listed $200,000 MiRealSource-MiMLS
• 2026-01-31 Listed $200,000 REALCOMP
• 2026-01-28 Coming Soon $200,000 MiRealSource-MiMLS
• 2024-01-23 Sold (Public Records) $159,900 Public Records
• 2024-01-23 Sold (MLS) $159,900 MiRealSource-MiMLS
• 2024-01-23 Sold (MLS) $159,900 REALCOMP
• 2023-11-30 Pending — MiRealSource-MiMLS
• 2023-11-27 Contingent — MiRealSource-MiMLS
• 2023-11-20 Listed $159,900 MiRealSource-MiMLS
• 2023-11-20 Listed $159,900 REALCOMP
• 1993-04-12 Sold (Public Records) $86,000 Public Records

Property tax history

-1.1%/yr

Latest (2025): $2,284 · -37.9% YoY. Source: county tax records.