$605,000
SOLD DEC 26, 2023

1001 W Jefferson Ave Unit 13 Detroit, MI 48226

Downtown Detroit Neighborhood
3 Beds
3.5 Baths
2,295 Sq Ft
$1,203/mo HOA Fee

Recently Sold

$264 Per Sq Ft

3% Below List Price

25 Days on Market

Highlights

  • Dock Facilities
  • Home fronts navigable water
  • Outdoor Pool
  • Cass Technical High School Rated 10
  • River Access
  • Ground Level Unit

About This Home

As of May 2024

Incredibly RARE opportunity to own a combined J/K corner unit with over 2000sf, in Riverfront Towers! Spectacular views out every window give you a panorama from Lake St Clare to Down River, featuring Belle Isle, the Detroit River, Riverwalk, the Windsor Sky Line, the bridges, and soon a new river front park below, not to mention front row seats to the amazing fireworks event! This luxury condominium boasts 2 bedrooms, 3 and a half baths with dual primary suites and an optional 3rd bedroom with Murphy Bed! The secondary unit provides an additional living area perfect for home office, or family room, or guest suite. This beautiful corner unit was fully remodeled into an open concept with a chef's kitchen, amazing storage, by the current owners. This amenity rich complex provides a dog park, play ground, marina, indoor pool, fitness center, convenience store, a Detroit People Mover Station for easy access to downtown. Book your showing today! This is an amazing opportunity to live in one of the most rare units in the city! ***Licensed buyers agent must be present at all showings.*** Home is owner occupied, please provide adequate notice before showings.***

Last Agent to Sell the Property

Alexander Zachary

Berkshire Hathaway HomeServices The Loft Warehouse License #6501418297 Listed on: 10/27/2023

Berkshire Hathaway HomeServices The Loft Warehouse

Last Buyer's Agent

Jim Shaffer

Good Company License #6502380733

Good Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1996

Lot Details

  • Home fronts navigable water
  • Property fronts a private road
  • Cul-De-Sac

HOA Fees

  • $1,203 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 2,295 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Outdoor Pool
  • River Access
  • Seawall
  • Dock Facilities
  • Boat Facilities
  • Shared Waterfront

Additional Features

  • Ground Level Unit
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 06000003.100
  • $500 Seller Concession

Community Details

Overview

  • Riverfront Towers Association, Phone Number (313) 393-4920
  • High-Rise Condominium
  • Wayne County Condo Plan No 813 Subdivision

Recreation

  • Community Indoor Pool
  • Water Sports

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,337

Year Built

Built in 1996

Lot Details

0

HOA Fees

$1,203 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: High Rise
  • Architecture Level: 1 Story
  • Year Built: 1996
  • State Equalized Value: 327200.0000
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Indoor Pool
  • Room Count: 11
  • Total Bedrooms: 3
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Sq Ft Combined: 2295
  • Total Sq Ft: 2295

Exterior Features

  • Waterfront Name: Detroit River
  • Pool: Yes
  • Waterfront: Yes
  • Foundation Details: Slab
  • Construction Materials: Block
  • Road Frontage Type: Paved, Private, Cul-De-Sac
  • Sideof Street: S
  • Waterfront Description: Direct Water Frontage, River Access, Shared Water Frontage, Water Front

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: 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: 1203
  • Association Contact: Riverfront Towers
  • Association Fee: Yes

Schools

  • School District: Detroit

Lot Info

  • Homestead: Yes
  • Parcel Number: 06000003.100

Tax Info

  • Tax Amount Summer: 2981.0000
  • Tax Amount Winter: 356.0000
  • Total Tax: 3337.0000
  • Taxable Value: 291200.0000

Multi Family

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

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 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: 20230090742

Realcomp

APN: 06-000002-013