12 months on rocket

16801 Log Cabin St, Highland Park, MI, 48203

$5,000

0.07 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
MLS #20230030741
Lot Size0.07 Acres
StatusActive

About 16801 Log Cabin St

Vacant Land located in the highly desired Martin Park neighborhood. Lot size is 29 ft x 100 x 29 ft x 99 ft. Addresses included in subject listing are: 16815, 16801, 16825, 16809, 16821. Total price is $25,000. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Realty-Great Lakes
  • Office Phone: (586) 541-4000
  • Listing Agent: Erick Monzo

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Other

Directions Information:

  • Directions: W McNichols Rd/Hamilton Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,000
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Housing Market Comparison

See how this home compares to others in Highland Park, MI.

Med. Sold Price

$51K

Med. Price/SqFt

$42

Avg. Days On Market

49

# of Sold Homes

16

16801 Log Cabin St vs Highland Park

363 DAYS ON ROCKET

+314 Days

$5,000

-$46K Less

KEY TAKEAWAY

This property is $46K less than the Median Sold Price in Highland Park, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20230030741

Listing Office:

  • Office Name: Keller Williams Realty-Great Lakes
  • Office Phone: (586) 541-4000
  • Listing Agent: Erick Monzo

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 10:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021 - -

History based on county public records data.

Payment Calculator

$92

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$81

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4435841
5
/10
  • Henry Ford Academy:School For Creative Studies-Ele

  • 10225 3rd St

  • 2.45 miles

  • Public Charter Grades KG-5

school-card-donut-4435842
3
/10
  • Dickinson West Elementary School

  • 2333 Burger St

  • 3.00 miles

  • Public District Grades KG-6

school-card-donut-4435843
3
/10
  • United Oaks Elementary School

  • 1001 E Harry Ave

  • 3.14 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $12,321. Typical income of Highland Park, MI residents is less than $35k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16801 Log Cabin St

What is the listing price of this property?

The listing price of 16801 Log Cabin St property is $5,000.

What type of property is this?

The property 16801 Log Cabin St is land located in Highland Park, Michigan, 48203.

Is this property for sale now?

Active Listing: 16801 Log Cabin St is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 16801 Log Cabin St is 0.07 acres.
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Rocket HomesMichiganWayne CountyHighland Park4820316801 Log Cabin St

This home is located at 16801 Log Cabin St in Highland Park, MI and zip code 48203 in the McNichols neighborhood. This home sits on a 0.07 acre lot. It has been listed on Rocket Homes since May 04, 2023 and is currently priced at $5,000.

Highland Park, MI housing market in April 2024 saw over 2 listings sold above listed price, more than 4 sold at listed price and over 10 sold below. The number of homes for sale in Highland Park, MI increased by 39.1% between March 2024 and April 2024. The median list price of listings available in April 2024 was $51,000, while the average time on the real estate market was 49 days.

From Rocket Homes Real Estate and based on county public records data.

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