$255,000
SOLD OCT 6, 2022

1001 W Jefferson Ave Unit 13 Detroit, MI 48226

Downtown Detroit Neighborhood
2 Beds
2 Baths
1,019 Sq Ft
$540/mo HOA Fee

Recently Sold

$250 Per Sq Ft

9% Below List Price

58 Days on Market

Highlights

  • 300 Feet of Waterfront
  • Dock Facilities
  • Gated Community
  • Cass Technical High School Rated 10
  • Outdoor Pool
  • Detached Garage

About This Home

As of May 2024

This 2 bedroom, 2 bath room condo offers views all day long, and the perfect opportunity to get into a great area at an amazing price. The Detroit River provides beautiful views and plenty of potential, and this home is just waiting for your personal touch. With some upgrades, you could make this place your own little slice of paradise. The Detroit Riverwalk is right outside your door with plenty of opportunity for biking, running, or just taking a leisurely walk. The beautifully maintained grounds in this gated community offer areas of lounging, grilling, fire pit, a dog run and children's playscape; Running track and tennis courts on the roof of the parking garage; Pool and hot tub, state of the art fitness room (for additional monthly fee); Secure parking, 24-hour security; Super-fast Rocket Fiber/Snip Internet available; The Riverfront park directly to the west, is under construction and will be a fabulous amenity to enjoy. 0% down loans available, NEZ-Homestead tax abatement. **PHOTOS ARE VIRTUALLY STAGED WITH FURNITURE**

Last Agent to Sell the Property

Jan Dijkers

Berkshire Hathaway HomeServices The Loft Warehouse License #6501338353 Listed on: 06/22/2022

Berkshire Hathaway HomeServices The Loft Warehouse

Last Buyer's Agent

Ali Eldirani

RE/MAX Leading Edge License #6502355654

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1996

Lot Details

  • 300 Feet of Waterfront
  • Home fronts navigable water
  • River Front
  • Gated Home

HOA Fees

  • $540 Monthly HOA Fees

Parking

  • 1 Parking Garage Space

Home Design

  • Slab Foundation
  • Poured Concrete

Interior Spaces

  • 1,019 Sq Ft Home
  • 1-Story Property
  • Stacked Washer and Dryer

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Outdoor Pool
  • Dock Facilities
  • Shared Waterfront
  • Exterior Lighting

Location

  • Upper level unit with elevator

Utilities

  • Central Air
  • Cooling System Mounted In Outer Wall Opening
  • Back Up Electric Heat Pump System
  • Shared Water Meter
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06I000002S130

Community Details

Overview

  • Riverfront Condominium Association, Phone Number (313) 393-4920
  • High-Rise Condominium
  • On-Site Maintenance

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Recreation

  • Community Indoor Pool
  • Water Sports

Pet Policy

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

Security

  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,398

Year Built

Built in 1996

Lot Details

0

HOA Fees

$540 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: High Rise
  • Architecture Level: 1 Story
  • Year Built: 1996
  • State Equalized Value: 165000.0000
  • Entry Location: Upper Level w/Elevator
  • Pets Allowed: Call, Number Limit, Size Limit
  • Special Features: RealEstateOwned
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Smoke Alarm, Cable Available, Elevator/Lift, Fire Sprinkler, High Spd Internet Avail, Indoor Pool, Intercom
  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Appliances: Dishwasher, Disposal, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Washer/Dryer Stacked
  • Sq Ft Combined: 1019
  • Total Sq Ft: 1019

Exterior Features

  • Waterfront Name: Detroit River
  • Pool: Yes
  • Waterfront: Yes
  • Foundation Details: Slab
  • Construction Materials: Block
  • Exterior Features: BBQ Grill, Gate House, Grounds Maintenance, Lighting, Fenced, Pool – Community
  • Foundation Materials: Poured
  • Road Frontage Type: Paved
  • Water Frontage Feet: 300.00
  • Waterfront Description: Direct Water Frontage, River Front, Shared Water Frontage, Water Front
  • Fencing: Fenced

Garage/Parking

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

Utilities

  • Heating Fuel: Electric
  • Cooling: Central Air, Wall Unit(s)
  • Heating: Wall Furnace
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Common
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Maintenance Structure, Maintenance Grounds, Security, Sewer, Trash, Water
  • Association Fee Frequency: Monthly
  • Phone: 313-393-4920 / condominiums@riverfrontcondodetroit
  • Association Fee: 540
  • Association Contact: Riverfront Condominium Association
  • Association Fee: Yes

Schools

  • School District: Detroit

Lot Info

  • Lot Features: Gated Community
  • Parcel Number: 06I000002S130

Rental Info

  • Tenant Amenities: Laundry In-Unit

Tax Info

  • Tax Amount Summer: 1213.4300
  • Tax Amount Winter: 185.9300
  • Total Tax: 1398.0000
  • Taxable Value: 19650.0000

Multi Family

  • Waterfront Features: Navigable, All Sports Lake, Dock Facilities, DIRFRT

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2018
Sold by
Tao James
Bought by
Arble Tami I
Current Estimated Value
$292,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,500
Outstanding Balance
$159,950
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$132,105

Purchase Details

Closed on
May 30, 2014
Sold by
Howlett Jerrod A
Bought by
Tao James and Chen Yi Hua

Purchase Details

Closed on
Jun 30, 2009
Sold by
Riverfront Condominium 300 Llc
Bought by
Howlett Jerrod A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,460
Interest Rate
4.94%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $190,000 None Available
Warranty Deed $95,500 First American Title Ins Co
Corporate Deed $85,000 Lamont Title Corporation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $180,500 New Conventional
Previous Owner $82,849 FHA
Previous Owner $84,711 FHA
Previous Owner $83,460 FHA
Previous Owner $167,902 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2024 05/22/24 Sold $188,105 +5.1% $341 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
02/27/2024 02/27/24 Price Changed $179,000 -5.3% $324 / Sq Ft
01/18/2024 01/18/24 For Sale $189,000 -68.8% $342 / Sq Ft
12/26/2023 12/26/23 Sold $605,000 -3.2% $264 / Sq Ft
11/21/2023 11/21/23 Pending -- -- --
10/27/2023 10/27/23 For Sale $625,000 +145.1% $272 / Sq Ft
10/06/2022 10/06/22 Sold $255,000 -7.3% $250 / Sq Ft
08/19/2022 08/19/22 Pending -- -- --
08/03/2022 08/03/22 Price Changed $275,000 -1.8% $270 / Sq Ft
06/22/2022 06/22/22 For Sale $280,000 +40.7% $275 / Sq Ft
11/19/2021 11/19/21 Sold $199,000 0.0% $279 / Sq Ft
09/30/2021 09/30/21 For Sale $199,000 +121.1% $279 / Sq Ft
09/21/2012 09/21/12 Sold $90,000 +0.1% $86 / Sq Ft
07/11/2012 07/11/12 Pending -- -- --
07/10/2012 07/10/12 For Sale $89,900 -- $86 / 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 $434 $7,700 $0 $0
2023 $422 $7,700 $0 $0
2022 $471 $7,700 $0 $0
2021 $456 $7,700 $0 $0
2020 $450 $7,700 $0 $0
2019 $555 $6,200 $0 $0
2018 $217 $3,200 $0 $0
2017 $52 $3,200 $0 $0
2016 $243 $0 $0 $0
2015 $270 $2,700 $0 $0
2013 $268 $2,680 $0 $0
2010 -- $2,680 $2,680 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221002633

Realcomp

APN: 06-000002-013