NOT LISTED FOR SALE

16901 Log Cabin St Highland Park, MI 48203

Martin Park Neighborhood

Estimated Value: $35,000 - $51,000

4 Beds
2 Baths
1,368 Sq Ft
$31/Sq Ft Est. Value

Last Sold May 13, 2024

Last sale price $40,000 $29 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $225/month

35 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • Fenced
  • Cass Technical High School Rated 10
  • Private Entrance

About This Home

As of May 2024

Great investment opportunity for a landlord or an enterprising homeowner that wants to cover some of their housing costs with rental income from the second unit. The house needs paint, flooring, a good cleaning and kitchen and bathroom refreshing. It features two furnaces and a separate entrance on the back of the building for the upper unit. The staircase on the back of the house will need to be repaired/replaced. This is a good opportunity with immediate equity. BATVAI

Last Agent to Sell the Property

Roy Frank

Metro Plus Realty, LLC License #6501242082 Listed on: 02/29/2024

Last Buyer's Agent

Megan Taylor

License #6501386520

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1925

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30.00 x 100.00
  • Private Entrance
  • Fenced

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,368 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Natural Gas Water Heater
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number W08I009560S

Community Details

Overview

  • 2 Units
  • Log Cabin Heights Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1925
  • State Equalized Value: 200.0000
  • Pets Allowed: Yes
  • AgentOnly_ListPriceByAcre: 712857.1400
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: 100 Amp Service
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1368

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Private Entry, Fenced
  • Foundation Materials: Block
  • Road Frontage Type: Paved
  • Sideof Street: W

Garage/Parking

  • MF Parking: On Street

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Water at Street

Lot Info

  • Lot Size Area: 0.07
  • Lot Dimensions: 30.00 x 100.00
  • Parcel Number: W08I009560S
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 1600

Tax Info

  • Tax Amount Summer: 15.0000
  • Tax Amount Winter: 2.0000
  • Total Tax: 17.0000
  • Taxable Value: 200.0000

Multi Family

  • Gross Scheduled Income: 19200.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
May 13, 2024
Sold by
Files Marcus
Bought by
Znth Holdings Llc
Seller's Agent
Roy Frank
Metro Plus Realty, LLC
Buyer's Agent
Megan Taylor
List Price
$49,900
Sold Price
$40,000
Premium/Discount to List
-$9,900
-19.84%
Views
33
Current Estimated Value
$42,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,667
Avg. Annual Appreciation
4.20%
Original Mortgage
$77,401
Interest Rate
6.06%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 24, 2022
Sold by
Nathaniel Reedus
Bought by
Files Marcus

Purchase Details

Closed on
Jan 17, 2013
Sold by
Mathis Dontae
Bought by
Reedus Nathaniel

Purchase Details

Closed on
Nov 18, 2011
Sold by
Wojtowicz Raymond J
Bought by
Mathis Dontae

Purchase Details

Closed on
Nov 29, 2007
Sold by
Stampley Robin
Bought by
Caldwell Rhacita

Purchase Details

Closed on
May 12, 2006
Sold by
Cook Antonio R
Bought by
Stampley Robin

Purchase Details

Closed on
Nov 1, 2002
Sold by
Dak Investments
Bought by
Cook Property Management

Purchase Details

Closed on
Jun 14, 2002
Sold by
Manufacturers & Traders
Bought by
Deak Investments Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Znth Holdings Llc $40,000 None Listed On Document
Znth Holdings Llc $40,000 None Listed On Document
Znth Holdings Llc $40,000 None Listed On Document
Files Marcus -- None Listed On Document
Reedus Nathaniel -- None Available
Mathis Dontae $500 None Available
Caldwell Rhacita -- None Available
Stampley Robin $40,000 None Available
Cook Property Management -- --
Deak Investments Corp $6,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Znth Holdings Llc $77,401
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2024 05/13/24 Sold $40,000 -19.8% $29 / Sq Ft
04/04/2024 04/04/24 Pending -- -- --
04/01/2024 04/01/24 For Sale $49,900 0.0% $36 / Sq Ft
03/14/2024 03/14/24 Pending -- -- --
02/29/2024 02/29/24 For Sale $49,900 -- $36 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15 $1,200 $0 $0
2024 $15 $200 $0 $0
2023 $15 $200 $0 $0
2022 $17 $200 $0 $0
2021 $17 $200 $0 $0
2020 $18 $200 $0 $0
2019 $18 $200 $0 $0
2018 $15 $200 $0 $0
2017 $4 $200 $0 $0
2016 $612 $300 $0 $0
2015 $50 $500 $0 $0
2013 $490 $4,899 $0 $0
2010 -- $6,800 $516 $6,284
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Roy Frank

    Metro Plus Realty, LLC

    (248) 762-0806

    1 in this area

    70 Total Sales

    Roy Frank
    Section Image

  • M

    Buyer's Agent in 2024

    Megan Taylor

    (313) 246-9280

    1 in this area

    57 Total Sales

    Megan Taylor
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20240012431

Realcomp

APN: 08-009560

Michigan Wayne County Highland Park 48203 Martin Park

16901 Log Cabin St, Highland Park, MI

Not Listed for Sale

MultiFamily

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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