NOT LISTED FOR SALE

Estimated Value: $260,000 - $301,000

1 Bed
2 Baths
1,130 Sq Ft
$733/mo HOA Fee

Last Sold July 14, 2023

Last sale price $252,000 $223 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,265/month

52 Days on Market

Highlights

  • Clubhouse
  • Ground Level Unit
  • Community Barbecue Grill
  • Cass Technical High School Rated 10
  • 6 Car Attached Garage
  • 1-Story Property

About This Home

As of July 2023

Spacious & luxurious apartment located in the historic Park Shelton building, offering both elegance & convenience. With large brand new windows, natural light pours into the space, highlighting the hardwood floors & providing breathtaking views of the Fisher building day & night. The residence boasts 1 large bedroom w/ two full bathrooms & a fully equipped kitchen. The master bedroom/bath suite has a walk-in closet, new all-in-one washer/dryer & commode. The floorpan offers a possibility of creating a second bedroom or partitioned office space. The apartment will be sold w/ 1 deeded parking space. Monthly HOA covers ALL UTILITIES. Residents of the Park Shelton enjoy 24-hour monitored entry, on-site community management & maintenance services, package services, a courtyard, gym, dry sauna, cleaning pickup/drop off, community laundry room, & access to restaurants. Refurbished art deco lobby. The renovated rooftop terrace offers breathtaking views of downtown Detroit & grilling. Desirable Midtown location across from the Detroit Institute of Arts, MOGO bikes, and the Q-Line. Just one block from Cass, Wayne State, and the College for Creative Studies. Additionally, the NEZ-R tax abatement is valid through 2028; thousands of dollars a year in property tax savings. This apartment is the perfect blend of historic charm and modern convenience, offering a refined style of living.

Last Agent to Sell the Property

Elizabeth Tintinalli

@properties Christie's Int'l R.E. Detroit License #6501292285 Listed on: 04/19/2023

@properties Christie's Int'l R.E. Detroit

Last Buyer's Agent

Gregory Clark

Good Company License #6501414055

Good Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1926 | Remodeled in 2005

Lot Details

  • 1

HOA Fees

  • $733 Monthly HOA Fees

Parking

  • 6 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Stone Siding

Interior Spaces

  • 1,130 Sq Ft Home
  • 1-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Gated Home
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number W01I004235S292

Community Details

Overview

  • Js Dean & Associates Keyla Theparkshelton.Com Association, Phone Number (313) 872-7275
  • High-Rise Condominium
  • Wayne County Condo Plan No 793 Subdivision
  • On-Site Maintenance

Amenities

  • Community Barbecue Grill
  • Clubhouse

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$639

Year Built

Built in 1926 | Remodeled in 2005

Lot Details

0

HOA Fees

$733 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: High Rise
  • Architecture Level: 1 Story
  • Year Built: 1926
  • State Equalized Value: 9100.0000
  • Year Renovated: 2005
  • Entry Location: Ground Level
  • Pets Allowed: Number Limit | Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Total Bedrooms: 1
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished, Common
  • Total Sq Ft: 1130

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick, Stone
  • Exterior Features: Club House, BBQ Grill, Gate House, Grounds Maintenance
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 6 or More
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Maintenance Structure, Maintenance Grounds, Security, Trash
  • Association Fee Frequency: Monthly
  • Phone: 313-872-7275 // office@theparkshelton.net
  • Association Fee: 733
  • Association Contact: JS Dean & Associates Keyla theparkshelton.com
  • Association Fee: Yes

Lot Info

  • Homestead: Yes
  • Parcel Number: W01I004235S292

Tax Info

  • Tax Amount Summer: 553.0000
  • Tax Amount Winter: 86.0000
  • Total Tax: 639.0000
  • Taxable Value: 9100.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2023
Closed on
Jul 14, 2023
Sold by
Hazel Pamela
Bought by
Reimueller Jason and Reimueller Madison
Seller's Agent
Elizabeth Tintinalli
@properties Christie's Int'l R.E. Detroit
Buyer's Agent
Gregory Clark
Good Company
List Price
$255,000
Sold Price
$252,000
Premium/Discount to List
-$3,000
-1.18%
Views
144
Current Estimated Value
$281,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,346
Avg. Annual Appreciation
4.93%
Original Mortgage
$239,400
Outstanding Balance
$233,689
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$47,657

Purchase Details

Closed on
Jul 8, 2020
Sold by
Nissan David E and Nissan Michael E
Bought by
Hazel Pamela

Purchase Details

Listed on
Nov 13, 2015
Closed on
Jul 19, 2016
Sold by
Park Shelton Associates Limited Partners
Bought by
Nissan Michael E
Seller's Agent
Elizabeth Tintinalli
@properties Christie's Int'l R.E. Detroit
Buyer's Agent
Elizabeth Tintinalli
@properties Christie's Int'l R.E. Detroit
List Price
$224,800
Sold Price
$220,000
Premium/Discount to List
-$4,800
-2.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.69%
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 Buyer Sale Price Title Company
Reimueller Jason $252,000 None Listed On Document
Reimueller Jason $252,000 None Listed On Document
Reimueller Jason $252,000 None Listed On Document
Hazel Pamela $262,000 None Available
Nissan Michael E $220,000 Liberty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reimueller Jason $239,400
Closed Reimueller Jason $239,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/14/2023 07/14/23 Sold $252,000 -1.2% $223 / Sq Ft
06/11/2023 06/11/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $255,000 +15.9% $226 / Sq Ft
07/19/2016 07/19/16 Sold $220,000 -2.1% $195 / Sq Ft View Prior Sale
06/21/2016 06/21/16 Pending -- -- --
11/13/2015 11/13/15 For Sale $224,800 -- $199 / 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 $544 $9,100 $0 $0
2022 $639 $9,100 $0 $0
2021 $639 $9,100 $0 $0
2020 $550 $9,100 $0 $0
2019 $540 $6,100 $0 $0
2018 $470 $6,100 $0 $0
2017 $116 $6,100 $0 $0
2016 $444 $95,200 $0 $0
2015 $977 $69,800 $0 $0
2013 -- $73,522 $0 $0
2010 -- $95,441 $4,975 $90,466
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230023442

Realcomp

APN: 01-004235-292