NOT LISTED FOR SALE

980 Whitmore Rd Highland Park, MI 48203

Palmer Park Neighborhood

Estimated Value: $2,499,704

1 Bed
1 Bath
48,632 Sq Ft
$51/Sq Ft Est. Value

About This Home

This home is located at 980 Whitmore Rd, Highland Park, MI 48203 and is currently estimated at $2,499,704, approximately $51 per square foot. 980 Whitmore Rd is a home located in Wayne County with nearby schools including Charles L. Spain Elementary-Middle School, Edward 'Duke' Ellington Conservatory of Music and Art, and Mumford High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2022
Sold by
Uc 980 Whitmore Lp
Bought by
Uc 980 Whitmore Lp
Current Estimated Value
$2,499,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000,000
Outstanding Balance
$23,957,744
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
-$21,530,756

Purchase Details

Closed on
Mar 19, 2021
Sold by
Isla 03 Llc
Bought by
Uc 980 Whitmore Lp

Purchase Details

Closed on
Apr 13, 2018
Sold by
Motiv8 Investments Llc
Bought by
Isla 03 Llc

Purchase Details

Closed on
Apr 12, 2016
Sold by
Sweet Living Inc
Bought by
Motiv8 Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$721,000
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 26, 2013
Sold by
Mich Alta Properties Llc #1
Bought by
Sweet Living Inc

Purchase Details

Closed on
Aug 13, 2009
Sold by
Interstate Investments Llc
Bought by
Pncmac 2001-C1 Palmer Park Llc

Purchase Details

Closed on
May 17, 2005
Sold by
Interstate Investments Llc
Bought by
Detroit Real Properties Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Uc 980 Whitmore Lp -- None Listed On Document
Uc 980 Whitmore Lp -- First American Title
Isla 03 Llc $1,570,000 First American Title Ins Co
Isla 03 Llc -- First American Title
Motiv8 Investments Llc $900,000 Title Connect Llc
Sweet Living Inc $970,000 Fatco
Pncmac 2001-C1 Palmer Park Llc $366,666 None Available
Detroit Real Properties Llc -- Fidelity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Uc 980 Whitmore Lp $25,000,000
Previous Owner Means Uc 843 Whitmore Lp $6,152,966
Previous Owner Motivhe8 Investments Llc $600,000
Previous Owner Motiv8 Investments Llc $721,000
Previous Owner Detroit Real Properties Llc $906,600
Closed Isla 03 Llc $0
Source: Public Records

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 $92,738 $1,574,800 $0 $0
2024 $92,738 $1,482,200 $0 $0
2023 $90,263 $1,270,700 $0 $0
2022 $97,604 $1,115,400 $0 $0
2021 $58,653 $760,800 $0 $0
2020 $53,791 $606,700 $0 $0
2019 $61,349 $692,100 $0 $0
2018 $5,281 $206,600 $0 $0
2017 $1,251 $193,100 $0 $0
2016 $5,912 $1,431,400 $0 $0
2015 $6,513 $190,200 $0 $0
2013 $6,310 $190,208 $0 $0
2010 -- $252,217 $34,848 $217,369
Source: Public Records

Map

Michigan Wayne County Highland Park 48203 Palmer Park

980 Whitmore Rd, Highland Park, MI

This home is located at 980 Whitmore Rd, Highland Park, MI 48203 and is currently estimated at $2,499,704, approximately $51 per square foot. 980 Whitmore Rd is a home located in Wayne County with nearby schools including Charles L. Spain Elementary-Middle School, Edward 'Duke' Ellington Conservatory of Music and Art, and Mumford High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes