49 Farrand Park, Highland Park, MI 48203
FOR SALE

49 Farrand Park
Highland Park, MI 48203

  • Studio
  • 3 Baths
  • 2,888 sqft
  • Studio
  • 3 Baths
  • 2,888 sqft

$185,000

Original price: $199,000
Est. Mortgage $1,321/mo*

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

Income producing rooming house one block off Woodward and only 10mins from downtown. This area is going through a $127million revitalization project. Property has landlord/owner’s living quarters with separate entrance and hot tub. Property currently has 10 rooms, including landlord’s suite. Six (6) rooms are occupied and generate $3k per month in rental income. When fully occupied the property generates $5k plus per month. House has 2 kitchens and 3 full bathrooms. IDRBNG BATVAI

Home Highlights

Parking
No Info
Outdoor
Porch
A/C
Heating only
HOA
None
Price/Sqft
$64
Listed
83 days ago

Home Details for 49 Farrand Park

Interior Features

Interior Details
Basement: Partially FinishedNumber of Rooms: 1Types of Rooms: Basement
Beds & Baths
Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 2888 Square Feet
Appliances & Utilities
Appliances: Gas Water Heater
Heating & Cooling
Heating: Forced Air,Natural GasNo CoolingHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: Porch - Covered, PorchFoundation: Basement
Frontage
Road Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Sewer at Street
Farm & Range
Frontage Length: Frontage: 0'
Finished Area
Finished Area (below surface): 800 Square Feet

Days on Market

Days on Market: 83

Property Information

Year Built
Year Built: 1916
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Traditional
Building
Construction Materials: Brick, Vinyl
Property Information
Parcel Number: 43013050015000

Price & Status

Price
List Price: $185,000Price Per Sqft: $64
Status Change & Dates
Possession Timing: Close Plus 30 Days

Active Status

MLS Status: Active

Location

Direction & Address
City: Highland ParkCommunity: Highland Height Sub
School Information
Elementary School District: Highland ParkJr High / Middle School District: Highland ParkHigh School District: Highland Park

Agent Information

Listing Agent
Listing ID: 20240006353

Building

Building Area
Building Area: 2888 Square Feet

HOA

Association for this Listing: Realcomp II Ltd

Lot Information

Lot Area: 8276.4 sqft

Listing Info

Special Conditions: Short Sale - No

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %Sub Agency Commission: 2.5Sub Agency Commission Type: %Transaction Broker Commission: 2.5Transaction Broker Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Rental

Rent Includes: Heat, Electricity, Internet, Snow Removal

Miscellaneous

BasementMls Number: 20240006353

Additional Information

Publish Sale Price: 1
Last check for updates: about 10 hours ago
Listing courtesy of Serina Sutherland, (248) 414-1343
Real Estate One-Royal Oak, (248) 548-9100
Originating MLS: Realcomp II Ltd
Source: Realcomp II, MLS#20240006353

Price History for 49 Farrand Park

DatePriceEventSource
04/12/2024$185,000PriceChange
Realcomp II #20240006353
03/08/2024$199,000PriceChange
Realcomp II #20240006353
02/22/2024$215,000PriceChange
Realcomp II #20240006353
02/04/2024$240,000Listed For SaleRealcomp II #20240006353
07/26/2022ListingRemovedRealcomp II #2220020845
03/27/2022$239,000Listed For SaleRealcomp II #2220020845
03/27/2022ListingRemovedRealcomp II #2220005460
03/09/2022$239,900PriceChange
Realcomp II #2220005460
02/21/2022$269,900PriceChange
Realcomp II #2220005460
01/26/2022$279,900Listed For SaleRealcomp II #2220005460
06/01/2021ListingRemovedRealcomp II #2200100700
02/15/2021$199,900Listed For SaleRealcomp II #2200100700
01/14/2021ListingRemovedRealcomp II
12/18/2020$220,000Listed For SaleAgent Provided

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Property Taxes and Assessment

Year2022
Tax
Assessment$27,500
Home facts updated by county records

Comparable Sales for 49 Farrand Park

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.61
Multi-Family Home
$85,000
12/29/23
4
4,262
0.78
Multi-Family Home
$70,000
09/05/23
3
3,628
0.75
Multi-Family Home
$350,000
05/22/23
3
1,968
0.73
Multi-Family Home
$190,000
10/31/23
4
2,908
0.77
Multi-Family Home
$500,000
08/18/23
2
4,792
0.90
Multi-Family Home
$72,500
01/29/24
4
4,824
0.90
Multi-Family Home
$110,000
06/28/23
2
2,510
1.14
Multi-Family Home
$130,000
07/13/23
3
3,092
0.99
Multi-Family Home
$45,000
11/01/23
2
2,708

What Locals Say about Highland Park

  • Kevin E.
    "you will find that neighborhoods are great place if you make it so if you are a scary person and things seem so but if you are not afraid and have the intestinal fortitude to be neighborly in any condition things will always work out"
    12
    Flag
  • Brice E.
    "My commute is ok. I prefer the Q line but it only goes to the boulevard. The Bus lines are getting better."
    1
    Flag
  • Anon
    "There is usually a block party or neighborhood party somewhere on Woodward during the summer. However there isn’t much that “Highland Park” does as a neighborhood. The events that are here or pass through here are most likely here due to Detroit having events. And seeing as the community is not the safest I personally do not participate in the community events. "
    4
    Flag
  • Rashleyc
    "i would describe it as safe, easy, multiple and fast ways to get there but parking isn't always fun."
    5
    Flag
  • Steviec1809
    "There are a lot of famalies on the block. Ok speak to them when I see them but I do not know there names."
    1
    Flag
  • Todd M.
    "bus system is good. major freeways near by. this area is on the rebound. i use bikes alot. good location. "
    4
    Flag
  • Thrandumb2
    "Block part and bbq that happens every summer it’s important to keep that going more neighborhoods should be able to do what we have available to us"
    4
    Flag
  • Amy P.
    "I have a car but because I work in downtown Birmingham I commute by using public transportation to save on parking expenses. other than that I walk to get to stores because everything is in walking distance."
    5
    Flag
  • artrizzo
    "I have lived in this neighborhood since 1996~in all those years I have always felt safe. Awesome historic home & great neighbors."
    6
    Flag

LGBTQ Local Legal Protections

Serina Sutherland, Real Estate One-Royal Oak
IDX provided courtesy of Realcomp II Ltd. via Zillow, Inc and MLS Copyright 2024 Realcomp II Ltd. Shareholders IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. The data relating to real estate properties on this website was last updated as recently as 2024-02-12 12:03:06 PST Listing Information presented by local MLS brokerage: Zillow, Inc., REALTOR®- Lauren Buttazzoni - (313) 479-2702
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
49 Farrand Park, Highland Park, MI 48203 is a studio, 3 bathroom, 2,888 sqft multi-family built in 1916. This property is currently available for sale and was listed by Realcomp II on Apr 17, 2024. The MLS # for this home is MLS# 20240006353.