This is your opportunity to own commercial land on Woodward Avenue, just minutes from downtown Detroit. The 0.87 AC property is located just south of the Davison (M-8) and has almost 200 FT of frontage on Woodward Avenue. The property is ideal for any retail or office development. NOTE: 12921, 12937, AND 12941 SOLD TOGETHER
Property Details
Property Features
Listing Office:
Office Name: GRI Homes for Today
Office Phone: (248) 234-6789
Listing Agent: Tjader Gerdom
Lot Features
Lot Information:
Lot Size: 0.87 Acres
Other
Directions Information:
Directions: The 0.87 AC property is located just south of the Davison (M-8).
Price Information
Listing Price Info
Price Summary:
List Price: $1,050,000
Tax Information:
Annual Amount: $1,592
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Highland Park, MI.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$5,308
Per Month
Principal & Interest
$5,241
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,214
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
1
/10
George Washington Carver Elementary School
14510 2nd Ave
Distance between this listing and this school0.71 miles
Public Charter Grades PK-4
2
/10
University Preparatory Art Design Elementary School
10225 3rd St
Distance between this listing and this school0.95 miles
Public Charter Grades KG-5
2
/10
Dickinson West Elementary School
2333 Burger St
Distance between this listing and this school1.44 miles
Public District Grades KG-6
Nearby Schools
1
/10
Barber Preparatory Academy
45 E Buena Vista St
Distance between this listing and this school0.11 miles
Public Charter Grades KG-8
1
/10
George Washington Carver Middle School
14510 2nd Ave
Distance between this listing and this school0.71 miles
Public Charter Grades 5-8
4
/10
New Paradigm Glazer Academy
2001 La Belle St
Distance between this listing and this school1.24 miles
Public Charter Grades KG-8
Nearby Schools
5
/10
Detroit International Academy for Young Women
9026 Woodward Ave
Distance between this listing and this school1.38 miles
Public District Grades PK-12
1
/10
Central Academy and High School
2425 Tuxedo St
Distance between this listing and this school1.49 miles
Public District Grades 9-12
5
/10
Oakland International Academy High School
2619 Florian St
Distance between this listing and this school1.82 miles
The neighbors living near this home have an average income of $28,302. The most common annual income of people living in Highland Park, MI is less than $35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 12921 Woodward Ave
What is the listing price of this property?
The listing price of 12921 Woodward Ave property is $1,050,000.
What type of property is this?
The property 12921 Woodward Ave is land located in Highland Park, Michigan, 48203.
Is this property for sale now?
Active Listing: 12921 Woodward Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $1,592 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 12921 Woodward Ave in Highland Park, MI and zip code 48203. This home sits on a 0.87 acre lot. It has been listed on Rocket Homes since August 22, 2024 and is currently priced at $1,050,000.
In November 2024 more than 1 listings in Highland Park, MI were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 2 were sold below. In November 2024 in Highland Park, MI there were 12% more homes for sale than in October 2024. Listings spent 108 days on the market in November 2024, and had a median list price of $60,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Pro Boxing
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Burlington
H&M
Foot Locker
White Castle
Boston Market
Little Caesars
Kia
Honda
Dodge
Urban Adult Contemporary
Rhythmic Contemporary Hits