NOT LISTED FOR SALE

1301 Nicolet Place Unit 1301 Detroit, MI 48207

Lafayette Park Neighborhood
3 Beds
1.5 Baths
1,400 Sq Ft
$815/mo HOA Fee

Last Sold January 19, 2018

Last sale price $265,000 $189 Per Sq Ft

122 Days on Market

Highlights

  • End Unit
  • Security Service
  • Geothermal Heating and Cooling
  • Cass Technical High School Rated 10
  • Central Air
  • Private Entrance

About This Home

As of January 2018

Highly desired Mid Century Modern Townhouse designed by renowned architect Mies Van Der Rohe! Motivated Seller has decided to list this below market value; proof is in the comps! Updates in summer of 2016 include kitchen, 1/2 bath, upper hall flooring, paint through-out, bedroom carpeting, elec. & plumbing (co-op covered). Other updates have been done to allow new owners a blank slate to put their personal touches on. Geothermal heating and cooling is eco friendly and keeps bills very low! Monthly HOA fee includes master mortgage, ins, grounds and building maintenance, taxes & private security! Nearly 50% of assoc. fee is tax deductible! This is a Co-op therefore limited financing options. Financing for this co-op is available through Chemical Bank or National Co-op Bank (NCB). Annual special assessment through 2019 for Geothermal updates. Motivated seller; bring all REASONABLE offers. Pre-approval through CoOp lender or POF required to show. Showing requests made through Showing Desk

Last Agent to Sell the Property

Jennifer Reynolds

O'Connor Realty Detroit, LLC License #6501342941 Listed on: 08/11/2017

Last Buyer's Agent

Saverio Montalto

DOBI Real Estate License #RCO-6501380912

DOBI Real Estate

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1959 | Remodeled in 2016

Lot Details

  • End Unit
  • Private Entrance

HOA Fees

  • $815 Monthly HOA Fees

Parking

  • 1 Parking Garage Space

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Masonry

Interior Spaces

  • 1,400 Sq Ft Home
  • 2-Story Property

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • Interior Basement Entry

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Natural Gas Water Heater
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number W05I003482S
  • $5,000 Seller Concession

Community Details

Overview

  • Magar Co. Association, Phone Number (248) 298-2775
  • Lafayette Pk Subdivision
  • On-Site Maintenance

Security

  • Security Service

Townhouse Details

Home Type

Townhome

Year Built

Built in 1959 | Remodeled in 2016

Lot Details

0

HOA Fees

$815 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: End Unit, Townhouse
  • Architecture Level: 2 Story
  • Year Built: 1959
  • Year Renovated: 2016
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Interior Entry (Interior Access), Partially Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Refrigerator, Range/Stove
  • Total Sq Ft: 1400

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Block/Concrete/Masonry, Brick
  • Exterior Features: Grounds Maintenance, Lighting, Private Entry, Security Patrol
  • Foundation Materials: Block
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

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

Utilities

  • Heating Fuel: Geo-Thermal
  • Cooling: Central Air
  • Sewer: Sewer at Street, Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal), Water at Street
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Phone: 248-298-2775
  • Association Fee: 815
  • Association Contact: Magar Co.
  • Association Fee: Yes

Lot Info

  • Homestead: Yes
  • Parcel Number: W05I003482S

MLS Schools

  • School District: Detroit

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

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2018 01/19/18 Sold $265,000 -2.6% $189 / Sq Ft
12/11/2017 12/11/17 Pending -- -- --
10/19/2017 10/19/17 Price Changed $272,000 -0.7% $194 / Sq Ft
10/17/2017 10/17/17 Price Changed $274,000 -8.0% $196 / Sq Ft
10/09/2017 10/09/17 Price Changed $297,900 -3.1% $213 / Sq Ft
08/11/2017 08/11/17 For Sale $307,500 -- $220 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jennifer Reynolds

    Seller's Agent in 2018

    Jennifer Reynolds

    O'Connor Realty Detroit, LLC

    (313) 963-9891

    1 in this area

    12 Total Sales

    Jennifer Reynolds
    Section Image
  • Saverio Montalto

    Buyer's Agent in 2018

    Saverio Montalto

    DOBI Real Estate

    (586) 615-5211

    4 in this area

    100 Total Sales

    Saverio Montalto
    Section Image
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Map

Source: Realcomp

MLS Number: 217072192

Realcomp

APN: 05003483.

Michigan Wayne County Detroit 48207 Lafayette Park

1301 Nicolet Place Unit 1301, Detroit, MI

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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