2 months on rocket

20490 Hanna St, Highland Park, MI, 48203

$58,900

Home List Price

$699*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
1,276 SqFt
$46/SqFt
House

Location

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20490 Hanna St, Highland Park$58,900

Buyer Closing Credits

$699*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOneCarGarage, Detached
Garage1 space
Year Built1947
HeatingForced Air, Natural Gas
BasementYes
MLS #20240072639
Lot Size0.09 Acres
StatusActive

About 20490 Hanna St

Long-Term Tenant Investment Opportunity – Detroit Brick Bungalow An incredible investment opportunity awaits at 20490 Hanna St! This 4-bedroom, 1.5-bath brick bungalow is currently tenanted with a long-term tenant of 5+ years, generating $900 per month on a month-to-month lease. They would prefer to stay, but can move if needed. With market rent in the area reaching up to $1,400/month, there’s great potential for increased cash flow. Situated near the new Amazon warehouse and major freeways, the location offers easy access and convenience for tenants. This home features a full basement, providing ample storage, and a detached garage for additional parking. The bathroom has been updated with new flooring, and the home offers plenty of space with 4 bedrooms, making it a solid investment with future growth potential whether it's with cash or sec 8 paying tenants. Whether you're looking to continue generating income or upgrade to meet market rents, this well-maintained property offers both flexibility and value. Don’t miss out on this prime investment opportunity in a growing area of Detroit!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1947
  • Living Area: 1,276 SqFt

Listing Office:

  • Office Name: Zest Realty LLC
  • Office Phone: (248) 270-8238
  • Listing Agent: Timothy Moore, Michael Koski

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: OneCarGarage, Detached

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: S of EightE of I 75

Price Information

Listing Price Info

Price Summary:

  • List Price: $58,900
  • Price Per SqFt: $46/SqFt

Tax Information:

  • Annual Amount: $538
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$60K

Med. Price/SqFt

$46

Avg. Days On Market

108

# of Sold Homes

3

20490 Hanna St vs Highland Park

86 DAYS ON ROCKET

-22 Days

$58,900

-$1.1K Less

$46/SqFt

-$1 Less

KEY TAKEAWAY

This property is $1.1K less than the Median Sold Price and $1/SqFt less than other homes in Highland Park, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240072639

Listing Office:

  • Office Name: Zest Realty LLC
  • Office Phone: (248) 270-8238
  • Listing Agent: Timothy Moore, Michael Koski

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: 12/21/2024, 11:21:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 07, 2017Home Sold
$52,900

Tax History

YEARPROP. TAXASSESSMENT
2021$538$10,500
2020$888$9,200
2018$888$7,500
2017$863$7,100

History based on county public records data.

Payment Calculator

$361

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$243

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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-817870
2
/10
  • United Oaks Elementary School

  • 1001 E Harry Ave

  • 0.78 miles

  • Public District Grades KG-5

school-card-donut-817871
2
/10
  • Hoover Elementary School

  • 23720 Hoover Ave

  • 1.47 miles

  • Public District Grades PK-5

school-card-donut-817872
2
/10
  • Westview Elementary School

  • 24077 Warner Ave

  • 1.88 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,188. The most common annual income of people living in Highland Park, MI is less than $35k. The most common type of family 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 20490 Hanna St

What is the listing price of this property?

The listing price of 20490 Hanna St property is $58,900.

What type of property is this?

The property 20490 Hanna St is a house located in Highland Park, Michigan, 48203.

Is this property for sale now?

Active Listing: 20490 Hanna St 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 $538 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 7, 2017 for $52,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 20490 Hanna St has 4 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 20490 Hanna St is 1,276 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 20490 Hanna St is 1947.

Rocket HomesMichiganWayne CountyHighland Park4820320490 Hanna St

This home is located at 20490 Hanna St in Highland Park, MI and zip code 48203 in the North East neighborhood. This 1,276 square foot home, which was built in 1947, sits on a 0.09 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $58,900.

While more than 1 listings in Highland Park, MI in November 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 2 were sold below. Between October 2024 and November 2024, Highland Park, MI real estate market has seen increase in the number of listings by 12%. The median list price of listings available in November 2024 was $60,000, while the average time on the real estate market was 108 days.

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

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