NOT LISTED FOR SALE

1001 W Jefferson Ave Unit 10 Detroit, MI 48226

Downtown Detroit Neighborhood

Estimated Value: $284,000 - $339,000

1 Bed
1.5 Baths
750 Sq Ft
$398/mo HOA Fee

Last Sold February 07, 2024

Last sale price $195,000 $260 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,194/month

195 Days on Market

Highlights

  • Water Views
  • Dock Facilities
  • River Access
  • Cass Technical High School Rated 10
  • Home fronts navigable water
  • In Ground Pool

About This Home

As of February 2024

Enjoy breathtaking views out every window of the scenic Windsor skyline, the stunning Detroit River, and the manicured gardens below, from your 1 bedroom 1 and a half bath unit. Every room was freshly painted and new carpet installed in the bedroom. Enjoy the amazing lifestyle amenities Riverfront Towers has to offer, like an indoor pool, hot tub, fitness center, tennis courts, dog park, gardens, and covered pavilion. This unit is assigned one parking space in an attached structure. Take the Detroit People Mover from this complex anywhere you want to go in Downtown Detroit whether it’s for work or the vibrant night life. Step outside and enjoy the Detroit River Walk, one of the best in the nation, and soon a brand new 22 acre park to enjoy just next door!

Last Agent to Sell the Property

Alexander Zachary

Berkshire Hathaway HomeServices The Loft Warehouse License #6501418297 Listed on: 02/17/2023

Berkshire Hathaway HomeServices The Loft Warehouse

Last Buyer's Agent

Jaclyn Culler

@properties Christie's Int'l R.E. Detroit License #6501446406

@properties Christie's Int'l R.E. Detroit

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1978 | Remodeled in 2005

Lot Details

  • Home fronts a pond
  • Home fronts navigable water
  • River Front
  • Property fronts a private road
  • Cul-De-Sac
  • Street terminates at a dead end
  • Native Plants
  • Sprinkler System

HOA Fees

  • $398 Monthly HOA Fees

Parking

  • 1 Parking Garage Space

Home Design

  • Slab Foundation

Interior Spaces

  • 750 Sq Ft Home
  • 1-Story Property
  • Water Views
  • Dryer

Kitchen

  • Free-Standing Electric Range
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom

Outdoor Features

  • In Ground Pool
  • River Access
  • Seawall
  • Dock Facilities
  • Boat Facilities
  • Shared Waterfront

Additional Features

  • Accessible Entrance
  • Upper level unit with elevator
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number W06I000002S098

Community Details

Overview

  • Association Phone (313) 393-4920
  • High-Rise Condominium
  • Wayne County Condo Plan No 813 Subdivision
  • Property is near a preserve or public land

Amenities

  • Clubhouse

Recreation

  • Community Indoor Pool
  • Water Sports
  • Tennis Courts

Pet Policy

  • Limit on the number of pets
  • The building has rules on how big a pet can be within a unit

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,071

Year Built

Built in 1978 | Remodeled in 2005

Lot Details

0

HOA Fees

$398 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: High Rise
  • Architecture Level: 1 Story Up
  • Year Built: 1978
  • State Equalized Value: 117900.0000
  • Year Renovated: 2005
  • Accessibility Features: Accessible Entrance
  • Entry Location: Upper Level w/Elevator
  • Pets Allowed: Number Limit, Size Limit, Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Indoor Pool
  • Room Count: 6
  • Total Bedrooms: 1
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Dryer, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave
  • Sq Ft Combined: 750
  • Total Sq Ft: 750

Exterior Features

  • Waterfront Name: Detroit River
  • Pool: Yes
  • Waterfront: Yes
  • Foundation Details: Slab
  • Construction Materials: Block
  • Exterior Features: Tennis Court, Club House, Pool – Community, Pool - Inground
  • Road Frontage Type: Paved, Private, Pub. Sidewalk, Cul-De-Sac
  • Sideof Street: S
  • Waterfront Description: Pond, River Access, River Front, Shared Water Frontage, Water Front

Garage/Parking

  • Garage Size: No Garage
  • Garage Features: 1 Assigned Space

Utilities

  • Heating Fuel: Heat Pump
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Phone: 313-393-4920
  • Association Fee: 398
  • Association Fee: Yes

Schools

  • School District: Detroit

Lot Info

  • Homestead: Yes
  • Lot Features: Adjacent to Public Land, Dead End Street, Level, Native Plants, Sprinkler(s), Water View
  • Parcel Number: W06I000002S098

Rental Info

  • Tenant Amenities: Fitness Center

Tax Info

  • Tax Amount Summer: 933.0000
  • Tax Amount Winter: 138.0000
  • Total Tax: 1071.0000
  • Taxable Value: 15123.0000

Multi Family

  • Waterfront Features: Navigable, All Sports Lake, Boat Facilities, Dock Facilities, Sea Wall

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2021
Sold by
Bannon Richard J and Bannon Gloria
Bought by
Tesfay Semere
Current Estimated Value
$320,383

Purchase Details

Closed on
May 3, 2016
Sold by
Secretary Of Housing & Urban Development
Bought by
Bannon Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,080
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 5, 2015
Sold by
Bank Of America Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Mar 26, 2015
Sold by
Ntuk Ini N
Bought by
Bank Of America Na

Purchase Details

Closed on
Dec 4, 2014
Sold by
Ntuk Ini N
Bought by
Riverfront Condominium Association

Purchase Details

Closed on
Jun 27, 2011
Sold by
Riverfront Condominium Association
Bought by
Ntuk Ini N

Purchase Details

Closed on
Sep 29, 2010
Sold by
Ntuk Ini N
Bought by
Riverfront Condominium Association

Purchase Details

Closed on
Sep 3, 2009
Sold by
Riverfront Condominium 300 Llc
Bought by
Ntuk Ini N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,653
Interest Rate
5.32%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Tesfay Semere $205,800 None Available
Bannon Richard J $200,100 Attorney
The Secretary Of Housing & Urban Develop -- Attorney
Bank Of America Na $133,604 None Available
Riverfront Condominium Association $10,277 None Available
Ntuk Ini N -- None Available
Riverfront Condominium Association $1,495 None Available
Ntuk Ini N $129,000 Lamont Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tesfay Semere $200,000
Previous Owner Bannon Richard J $160,080
Previous Owner Ntuk Ini N $126,653
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2024 02/07/24 Sold $195,000 -9.3% $260 / Sq Ft
08/31/2023 08/31/23 Pending -- -- --
08/16/2023 08/16/23 Price Changed $215,000 -2.3% $287 / Sq Ft
02/17/2023 02/17/23 For Sale $220,000 0.0% $293 / Sq Ft
05/01/2022 05/01/22 Rented $2,175 -3.3% --
04/04/2022 04/04/22 Under Contract -- -- --
03/14/2022 03/14/22 For Rent $2,250 +9.8% --
07/14/2020 07/14/20 Rented $2,050 0.0% --
06/21/2020 06/21/20 Under Contract -- -- --
05/28/2020 05/28/20 Price Changed $2,050 -4.7% $2 / Sq Ft
01/15/2020 01/15/20 For Rent $2,150 0.0% --
10/07/2019 10/07/19 Sold $224,999 -10.0% $284 / Sq Ft
08/25/2019 08/25/19 Pending -- -- --
08/19/2019 08/19/19 For Sale $249,999 -- $315 / Sq Ft
Source: Realcomp

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
2024 $318 $7,700 $0 $0
2023 $309 $7,700 $0 $0
2022 $6,561 $167,900 $0 $0
2021 $7,278 $164,700 $0 $0
2020 $7,181 $156,900 $0 $0
2019 $7,053 $131,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230012065

Realcomp

APN: 06-000002-010