Sold
225 Farrand Park, Highland Park, MI 48203
Sold on 04/13/2026 for$20,000
MLS # 20261011527 (Realcomp)
3 beds1 bath1,458 sqftBuilt 19150.14 acres
1 / 16
Listing Description
3-bedroom, 1-bath colonial. This property offers a traditional floor plan with spacious living and dining areas and three bedrooms on the upper level. Solid layout with good potential for an investor or owner-occupant looking to add value. Situated in a designated Federal Opportunity Zone, providing potential long-term tax advantages for investors. Convenient access to major corridors, local amenities, and neighborhood parks. Investor special with strong upside in an improving area.
Source: SparkMLS
About this home
3-bedroom, 1-bath, 1,458 sq ft home in Detroit in Highland Park built in 1915.
Closed at $20,000 (about $14/sq ft).
Property tax estimate: $625 per year ($52/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms1
Living Area1,458 sqft
Lot Size0.14 acres
Year Built1915
Stories2
Location
CityHighland Park
MunicipalityHighland Park City
Zip Code48203
CountyWayne
School DistrictHighland Park
Construction & Systems
ConstructionBrick
HeatingRadiant
WaterPublic
SewerPublic
Sale & Financing
Listed2/23/2026
Sold Date4/12/2026
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$625
Parcel #43013050055000
Source: SparkMLS
Legal Description
PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2022. 6365 LOT 55 HIGHLAND HEIGHTS SUB 1/4 SEC 17 10000 AT L14 P40 WCR
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Mikhail Grigoryan
Detroit Progress Realty LLC
Frequently Asked Questions about 225 Farrand Park, Highland Park, MI 48203
What school district is 225 Farrand Park, Highland Park, MI 48203 in?
Per MLS# 20261011527, this property is served by Highland Park. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 20261011527, the seller has indicated this property accepts the following financing types: Cash. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261011527, the most recent reported annual property tax for 225 Farrand Park, Highland Park, MI 48203 is $625. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 225 Farrand Park, Highland Park, MI 48203 eligible for USDA financing?
Per USDA Rural Development boundary data, 225 Farrand Park, Highland Park, MI 48203 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 225 Farrand Park, Highland Park, MI 48203 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Wayne County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
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Monthly payment$162
Principal & interest$162
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
225 Farrand Park, Highland Park, MI 48203
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Municipality
Detroit
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County
Wayne County
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