NOT LISTED FOR SALE

1001 W Jefferson Ave Unit 5 Detroit, MI 48226

Downtown Detroit Neighborhood

Estimated Value: $295,000 - $426,080

2 Beds
2 Baths
1,100 Sq Ft
30 Acres

Last Sold December 15, 2021

Last sale price $180,000 $164 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,926/month

Highlights

  • 500 Feet of Waterfront
  • Fitness Center
  • 30 Acre Lot
  • Cass Technical High School Rated 10
  • Indoor Pool
  • Tennis Courts

About This Home

As of March 2024

Discover elevated living in this 5th-floor Riverfront Towers condo, part of a gated community with a gym, tennis courts, an indoor pool, and a hot tub. Enjoy Detroit River views from every room in this 2-bed, 2-bath residence with a master suite featuring a private bath and walk-in closet. The kitchen, recently renovated, highlights stainless steel appliances and Quartz countertops. Water is included in rent. Benefit from convenient downtown access via the People Mover connected by a skywalk. Elevate your lifestyle in this modern, comfortable condo.

Last Agent to Rent the Property

Joshua Boswell

Reboot Realty LLC License #6501389334 Listed on: 02/04/2024

Last Renter's Agent

Arthur Norris

Bloomingdale Realty License #6501392236

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $192

Year Built

  • 1996

Lot Details

  • 500 Feet of Waterfront

Parking

  • 1 Parking Garage Space
  • Off-Street Parking

Home Design

  • Slab Foundation

Interior Spaces

  • 1,100 Sq Ft Home
  • Carpet

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Indoor Pool
  • Spa

Outdoor Features

  • Water Access
  • Outdoor Grill
  • Play Equipment

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • The owner pays for association fees, lawn/yard care, trash collection, snow removal, water

Community Details

Overview

  • Riverfront Towers Condos

Amenities

  • Restaurant
  • Laundry Facilities
  • Elevator

Recreation

  • Tennis Courts
  • Fitness Center
  • Water Sports

Condo Details

Home Type

Condominium

Est. Annual Taxes

$192

Year Built

1996

Lot Details

0

Parking

1

Rental Info

  • Owner Pays: Association Fees, Lawn/Yard Care, Trash Collection, Snow Removal, Water

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential Lease
  • ArchitecturalStyle: Other
  • ResoPropertyType: ResidentialLease
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1100.0
  • General Property Info:Design: Other
  • Waterfront Options:Water Access YN: Yes
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Substructure:Slab: Yes
  • Location Property Info:Vacation Rental: No
  • Location Property Info:AptCondo Cmplx Name: Riverfront Towers
  • Air Conditioning:Central Air2: Yes
  • General Property Info:_pound_ of Assigned Spaces: 1.0
  • Air Conditioning:Wall Unit(s)2: Yes
  • Waterfront Options:WaterFrontage: 500.0
  • Other Amenities:Carpet Floor2: Yes
  • Other Amenities:Laundry2: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built (Public Record): 1996

Interior Features

  • Appliances: Dryer, Disposal, Dishwasher, Microwave, Refrigerator, Washer
  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Slab
  • LivingArea: 1100.0
  • Appliances Provided:Dishwasher2: Yes
  • Appliances Provided:Disposal2: Yes
  • Appliances Provided:Dryer2: Yes
  • Appliances Provided:Microwave2: Yes
  • Appliances Provided:Refrigerator2: Yes
  • Appliances Provided:Washer2: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • List Price: 1850.0
  • Pool Features: Indoor
  • Water Body Name: Detroit River
  • Waterfront Features: All Sports
  • Waterfront: Yes
  • Pool:Indoor: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Garage: Yes
  • Garage:Garage2: Yes
  • Garage Type:_one_: Yes
  • General Property Info:Parking: Off Street

Utilities

  • Cooling: Wall Unit(s), Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Laundry Features: In Unit

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Landlord Provides:Association Fees: Yes
  • Other Amenities:Fitness Center2: Yes
  • Other Amenities:Sidewalk2: Yes
  • Other Amenities:Building Elevator: Yes
  • Other Amenities:Cable Hookup: Yes
  • Other Amenities:SpaHot Tub2: Yes
  • Other Amenities:Outdoor Grill: Yes
  • Other Amenities:RestaurantBar2: Yes
  • Other Amenities:Children_squote_s Play Equip: Yes
  • Other Amenities:Tennis Court(s)3: Yes

Lot Info

  • Lot Size Acres: 30.0
  • Lot Size Area: 30.0
  • Lot Size Sq Ft: 1306800.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2022
Sold by
Mona Kiran
Bought by
Beck Christopher Paul
Current Estimated Value
$351,270

Purchase Details

Listed on
Oct 22, 2021
Closed on
Dec 30, 2021
Sold by
Cojanu Alexandru I
Bought by
Dalwin Assets Llc
Seller's Agent
Jay Lambrecht
Lambrecht Realty LLC
Buyer's Agent
Austin Black
@properties Christie's Int'l R.E. Detroit
List Price
$189,000
Sold Price
$180,000
Premium/Discount to List
-$9,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.81%

Purchase Details

Listed on
May 25, 2019
Closed on
Feb 14, 2021
Sold by
Akhtar Nauman J
Bought by
Akhtar Nauman Akhtar Jawaid and Revocabl Sosan
Seller's Agent
Schylbea Hopkins
A Star National Realty
Buyer's Agent
Schylbea Hopkins
A Star National Realty
List Price
$285,000
Sold Price
$240,000
Premium/Discount to List
-$45,000
-15.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-32.94%

Purchase Details

Closed on
Jun 3, 2019
Sold by
Skylis Kevin Thomas
Bought by
Timarac Boris and Anderson Tammy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,286
Interest Rate
4.2%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 5, 2014
Sold by
Wells Clifton
Bought by
Avensian Timur

Purchase Details

Closed on
Jul 2, 2012
Sold by
Ron Remus Productions Llc
Bought by
Wells Clifton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,814
Interest Rate
3.65%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 27, 2009
Sold by
Riverfront Condominium 300 Llc
Bought by
Ron Remus Productions Llc
Source: Public Records

Range of Values:

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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
Beck Christopher Paul $365,000 None Listed On Document
Dalwin Assets Llc $162,000 None Listed On Document
Akhtar Nauman Akhtar Jawaid -- None Listed On Document
Timarac Boris $205,000 Amrock Recording Dept
Avensian Timur $112,500 None Available
Wells Clifton $59,900 Lamont Title Corporation
Ron Remus Productions Llc $126,554 Lamont Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Timarac Boris $201,286
Previous Owner Wells Clifton $58,814
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2024 03/19/24 Rented $1,850 0.0% --
03/11/2024 03/11/24 Under Contract -- -- --
02/04/2024 02/04/24 For Rent $1,850 +23.3% --
09/03/2022 09/03/22 Rented $1,500 -6.3% --
08/23/2022 08/23/22 Under Contract -- -- --
07/21/2022 07/21/22 For Rent $1,600 0.0% --
12/15/2021 12/15/21 Sold $180,000 -4.8% $290 / Sq Ft
11/05/2021 11/05/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $189,000 0.0% $304 / Sq Ft
05/31/2021 05/31/21 Rented $3,000 0.0% --
05/09/2021 05/09/21 Under Contract -- -- --
04/15/2021 04/15/21 For Rent $3,000 0.0% --
03/26/2021 03/26/21 Sold $240,000 +16451.7% $200 / Sq Ft
01/22/2021 01/22/21 Pending -- -- --
10/09/2020 10/09/20 Rented $1,450 0.0% --
10/04/2020 10/04/20 Price Changed $259,000 0.0% $216 / Sq Ft
09/14/2020 09/14/20 Under Contract -- -- --
08/20/2020 08/20/20 For Rent $1,425 0.0% --
07/29/2020 07/29/20 Price Changed $275,000 -1.8% $229 / Sq Ft
06/08/2020 06/08/20 Price Changed $280,000 -1.8% $233 / Sq Ft
04/21/2020 04/21/20 For Sale $285,000 0.0% $237 / Sq Ft
01/23/2020 01/23/20 Pending -- -- --
01/06/2020 01/06/20 Price Changed $285,000 -5.0% $237 / Sq Ft
10/22/2019 10/22/19 Price Changed $299,900 -3.3% $250 / Sq Ft
09/17/2019 09/17/19 Price Changed $310,000 -1.6% $258 / Sq Ft
08/19/2019 08/19/19 Price Changed $315,000 -3.1% $262 / Sq Ft
07/09/2019 07/09/19 Price Changed $325,000 -4.4% $271 / Sq Ft
06/17/2019 06/17/19 Price Changed $340,000 -2.6% $283 / Sq Ft
05/25/2019 05/25/19 For Sale $349,000 -- $291 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

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
2025 $192 $115,600 $0 $0
2024 $192 $7,700 $0 $0
2023 $186 $7,700 $0 $0
2022 $208 $7,700 $0 $0
2021 $202 $7,700 $0 $0
2020 $199 $7,700 $0 $0
2019 $195 $6,200 $0 $0
2018 $160 $3,200 $0 $0
2017 $50 $3,200 $0 $0
2016 $187 $0 $0 $0
2015 $260 $2,600 $0 $0
2013 $263 $2,632 $0 $0
2010 -- $2,632 $2,632 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24005943

Southwestern Michigan Association of REALTORS®

APN: 06-000002-005