NOT LISTED FOR SALE

1531 Pallister Unit 7 Detroit, MI 48206

Virginia Park Community Neighborhood

Estimated Value: $428,000 - $464,000

2 Beds
2.5 Baths
1,308 Sq Ft
$336/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $395,500 $302 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,570/month

Highlights

  • New Construction
  • Ground Level Unit
  • 2 Car Attached Garage
  • Cass Technical High School Rated 10
  • Balcony
  • Programmable Thermostat

About This Home

As of December 2023

ASK ABOUT OUR SPECIAL FINANCING OPTIONS WITH OUR PREFERRED LENDER. 0% DOWN, NO PMI, 6.25% INTEREST RATE ON A 30 YEAR FIXED LOAN FOR QUALIFIED BORROWERS!

The Pallister Gardens Townhouses are located on the cusp of Henry Ford Hospital to the east, W Grand Blvd to the south and La Salle Gardens to the west. NEW CONSTRUCTION DEVELOPMENT: OCCUPANCY DECEMBER 2023!

This elegant 3-story layout includes 2 bedrooms and 2.5 baths. *INCLUDED UPGRADES: waterfall edge kitchen counter top and euro glass shower door in the primary bath.* Private entry from the street with a vestibule and 2-car garage on the 1st level. Living, dining and powder room on the 2nd level. The 2nd level is also where the front and back covered balconies are located and private fenced back yard on the 1st level. The 3rd level contains 2 bedrooms and 2 full bathrooms, plus a laundry area. Interior finish upgrades include a upgraded Quartz countertop in the kitchen and bathrooms with a waterfall countertop edge at the kitchen island and a frameless glass shower door in the primary bathroom. The property will qualify for a 15 year NEZ Property tax abatement for principal residents.

Last Agent to Sell the Property

Todd Sykes

Berkshire Hathaway HomeServices The Loft Warehouse License #6501379736 Listed on: 12/28/2023

Berkshire Hathaway HomeServices The Loft Warehouse

Last Buyer's Agent

Todd Sykes

Berkshire Hathaway HomeServices The Loft Warehouse License #6501379736 Listed on: 12/28/2023

Berkshire Hathaway HomeServices The Loft Warehouse

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

Year Built

  • Built in 2023 | New Construction

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Rubber Roof

Interior Spaces

  • 1,308 Sq Ft Home
  • 3-Story Property
  • Basement Window Egress

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 2 Car Attached Garage
  • Tandem Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Exterior Lighting

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number W08I005577S
  • $3,500 Seller Concession

Community Details

Overview

  • Todd Sykes Association, Phone Number (313) 320-8780
  • Irving Place Sub Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,400

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Townhouse
  • Architecture Level: 3 Story
  • Warranty: Yes
  • Year Built: 2023
  • State Equalized Value: 1.0000
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Interior Amenities: Egress Window(s), Programmable Thermostat
  • Total Bedrooms: 2
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave
  • Total Sq Ft: 1308

Exterior Features

  • Roof Material: Rubber
  • Foundation Details: Slab
  • Construction Materials: Brick, Wood
  • Construction Features: New Construction
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Porch Type: Balcony
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Electricity, Door Opener, Tandem, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water
  • Association Fee Frequency: Monthly
  • Phone: 3133208780
  • Association Fee: 250
  • Association Contact: Todd Sykes
  • Association Fee: Yes

Lot Info

  • Homestead: Yes
  • Parcel Number: W08I005577S

Tax Info

  • Tax Amount Summer: 2200.0000
  • Tax Amount Winter: 200.0000
  • Total Tax: 2400.0000
  • Taxable Value: 2400.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2023
Closed on
Dec 27, 2023
Sold by
Fpj Investments Pallister Gardens Llc
Bought by
Hicks Larry
Seller's Agent
Todd Sykes
Berkshire Hathaway HomeServices The Loft Warehouse
Buyer's Agent
Todd Sykes
Berkshire Hathaway HomeServices The Loft Warehouse
List Price
$395,500
Sold Price
$395,500
Views
7
Current Estimated Value
$485,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,157
Avg. Annual Appreciation
5.54%
Original Mortgage
$316,400
Outstanding Balance
$311,414
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$128,176
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Hicks Larry $395,500 Minnesota Title
Hicks Larry $395,500 Minnesota Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hicks Larry $316,400
Closed Hicks Larry $316,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2023 12/29/23 Sold $395,500 0.0% $302 / Sq Ft
12/28/2023 12/28/23 For Sale $395,500 -- $302 / 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 $9,175 $4,200 $0 $0
2024 $9,175 $121,800 $0 $0
2023 $323 $4,200 $0 $0
2022 $367 $4,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Todd Sykes

    Seller's Agent in 2023

    Todd Sykes

    Berkshire Hathaway HomeServices The Loft Warehouse

    (313) 320-8780

    19 in this area

    104 Total Sales

    Todd Sykes
    Section Image
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Map

Source: Realcomp

MLS Number: 20230105688

Realcomp

APN: 08-005576-007

Michigan Wayne County Detroit 48202 Virginia Park Community

1531 Pallister Unit 7, Detroit, MI

Not Listed for Sale

Townhouses

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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