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20525 Russell St, Highland Park, MI, 48203

2beds
1baths
729sqft
$40,000
$55price/sqft
$587/moest. monthly cost
$23,480/yrincome needed

About This Home

Investor and renovation opportunity! This 2-bedroom, 1-bath offers a functional layout and a full basement providing additional storage and workspace. This open canvas is ready for a buyer with a bit of vision to make it how they see fit. Some drywall and building materials are already on site. The property is being sold in its current condition and is ideal for an experienced investor, contractor, or buyer looking for a substantial rehab project. Bring your vision and restore this home to its full potential.

Getting Around

73
WalkingVery Walkable
0
TransitVery Limited Transit
52
BikeBikeable

Schools

3/10
2/10
Pershing High SchoolGrades 9-121.7 mi

Construction

Condition

  • Year built: 1941

Materials

  • Roof: Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch,Other
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Daylight,Full

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 2

Features

  • Finished area below ground: 700

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 729
  • Total interior livable area: 729 sqft

Property

Details

  • Parcel number: 09020833.

Features

  • Stories: 1

Lot

  • Lot size: 5,227 sqft
  • Lot size dimensions: 53 x 100

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tsunami

FEMA Declared Disasters in Wayne County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $202$2,424
Home Insurance *$148$1,776
Property Taxes $49$588
Electricity $188$2,259
Total$587$7,044
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$20,125/yr
40% on housing$17,610/yr
45% on housing$15,653/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$55This listing

vs Other Active Listings

Avg $/sqft

ZIP 48203$51
Wayne County$99

vs Homes Sold Last Month

Median $/sqft

ZIP 48203$62
Wayne County$129

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-07Price change$35,000
2026-07-11Price change$40,000
2026-07-07Listed for sale$42,000
2019-05-13Listing removed$1,000
2019-04-24Listed for sale$1,000
2012-05-18Sold$3,117

For Sale by Agent

AgentJustice Johnson
BrokerageKeller Williams Paint Creek

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