$175,000
SOLD APR 8, 2025
1 Bed
1 Bath
819 Sq Ft
$610/mo HOA Fee

Recently Sold

$214 Per Sq Ft

8% Below List Price

85 Days on Market

Highlights

  • Ground Level Unit
  • 1 Car Detached Garage
  • 1-Story Property
  • Cass Technical High School Rated 10
  • Lobby
  • Central Air

About This Home

As of April 2025

Most affordable 1 bedroom condo in the Park Shelton!!!Perched on the 3rd floor of a landmark building and neighbors with the Detroit Institute of Arts. A room that could once be reserved for overnight stays at the Wardell Hotel, is now available to own as a private condo residence in the historic Park Shelton. Unit #322 has been recently painted throughout the interior in a calming neutral shade, newly refinished hardwood floors in a beautiful dark walnut stain are featured, new wall sconces decorate the main living area and compliment the original 1920s plaster molding surrounding the ceiling perimeter. New windows have recently been installed in the unit. Original red and gold checkered mosaic tile flooring in the full bathroom, intricate hardware on the interior doors, and spacious built-ins in the bedroom closet date back to 1926 when the building was built offering tons of character. The 1 bed, 1 bathroom has in-unit laundry and an additional on-site laundry facility located in the lower level common area. The common area hallways, main lobby, elevators, package drop-off area, resident-only fitness facility and rooftop terrace have all received significant improvements over the last several years. This unit comes with 1 deeded covered parking space in the attached parking structure and the transferrable NEZ-Rehab is active and in place through the end of 2028 making this a great investment property or second home in the city!!! Detroit's Art Center offers cultural attractions, boutique retail shops, local owned restaurants and public transportation options into downtown Detroit - the Peacock Room, Babo, Chartreuse, Frida, Wasabi are all located on the ground floor of your building!!!!

Last Agent to Sell the Property

Lindsay Gorman

Nika & Co License #6501406255 Listed on: 12/04/2024

Last Buyer's Agent

Desert Klein-Kassab

Real Estate One/Max Broock Realtors License #6501414164

Real Estate One/Max Broock Realtors

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1926

HOA Fees

  • $610 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation
  • Stone Siding

Interior Spaces

  • 819 Sq Ft Home
  • 1-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Garage Space
  • Community Parking Structure

Utilities

  • Central Air
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Sewer in Street

Additional Features

  • Historic Home
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number W23I002005S0445

Community Details

Overview

  • Https://Theparkshelton.Communitysite.Com Association, Phone Number (313) 872-7275
  • High-Rise Condominium

Amenities

  • Lobby

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$180

Year Built

Built in 1926

Lot Details

0

HOA Fees

$610 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Common Entry Building, High Rise, Historic
  • Architecture Level: 1 Story
  • Year Built: 1926
  • State Equalized Value: 90300.0000
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Room Count: 4
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished, Common
  • Sq Ft Combined: 819
  • Total Sq Ft: 819

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick, Stone
  • Foundation Materials: Block, Brick/Mortar
  • Road Frontage Type: Paved
  • Sideof Street: E

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: 1 Assigned Space, Detached, Parking Structure, Covered
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air, Wall Unit(s)
  • Heating: Wall Furnace
  • Sewer: Public Sewer (Sewer-Sanitary), Sewer at Street
  • Water Source: Public (Municipal), Water at Street

Condo/Co-op/Association

  • HOA Fee Includes: Internet, Electricity, Gas, Maintenance Structure, Maintenance Grounds, Security, Sewer, Trash, Water
  • Association Fee Frequency: Monthly
  • Phone: (313) 872-7275
  • Association Fee: 610
  • Association Contact: https://theparkshelton.communitysite.com
  • Association Fee: Yes

Schools

  • School District: Detroit

Lot Info

  • Parcel Number: W23I002005S0445

Tax Info

  • Tax Amount Summer: 161.0000
  • Tax Amount Winter: 19.0000
  • Total Tax: 180.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2024
Closed on
Apr 8, 2025
Sold by
Park Realty 1 Llc
Bought by
Jensen Warren and Jensen Sandra
Seller's Agent
Lindsay Gorman
Nika & Co
Buyer's Agent
Desert Klein-Kassab
Real Estate One/Max Broock Realtors
List Price
$189,900
Sold Price
$175,000
Premium/Discount to List
-$14,900
-7.85%
Views
125
Current Estimated Value
$214,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,486
Avg. Annual Appreciation
78.84%
Original Mortgage
$140,000
Outstanding Balance
$139,753
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$74,733

Purchase Details

Closed on
Oct 28, 2019
Sold by
Hamburger Bryan Cory and Hamburger Sandra
Bought by
Park Realty I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2019
Sold by
Miller Laura A and Miller Nathan B
Bought by
Hamburger Bryan Cory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
3.7%
Mortgage Type
New Conventional
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 $175,000 First American Title
Warranty Deed $175,000 First American Title
Quit Claim Deed $207,505 None Available
Warranty Deed $190,000 Amrock
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $140,000 New Conventional
Closed $140,000 New Conventional
Previous Owner $114,000 New Conventional
Previous Owner $40,000 Future Advance Clause Open End Mortgage
Previous Owner $134,400 Adjustable Rate Mortgage/ARM
Previous Owner $122,000 Future Advance Clause Open End Mortgage
Previous Owner $3,800,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2025 04/08/25 Sold $175,000 -7.8% $214 / Sq Ft
02/27/2025 02/27/25 Pending -- -- --
12/04/2024 12/04/24 For Sale $189,900 -- $232 / 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
2025 $685 $9,100 $0 $0
2024 $685 $9,100 $0 $0
2023 $701 $9,100 $0 $0
2022 $795 $9,100 $0 $0
2021 $794 $9,100 $0 $0
2020 $805 $9,100 $0 $0
2019 $62 $6,100 $0 $0
2018 $51 $6,100 $0 $0
2017 $16 $6,100 $0 $0
2016 $426 $72,700 $0 $0
2015 $700 $29,100 $0 $0
2013 $678 $30,590 $0 $0
2010 -- $40,566 $3,520 $37,046
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240090366

Realcomp

APN: 01-004235-037