$54,000
SOLD JUN 28, 2025

1550 Cherboneau Place Unit 107 Detroit, MI 48207

Lafayette Park Neighborhood
1 Bed
1 Bath
700 Sq Ft
$691/mo HOA Fee

Recently Sold

$77 Per Sq Ft

3% Below List Price

64 Days on Market

Highlights

  • Ranch Style House
  • Ground Level Unit
  • Central Air
  • Cass Technical High School Rated 10
  • Lobby
  • Ceiling Fan

About This Home

As of June 2025

TURN-KEY SHOWSTOPPER! Discover timeless elegance in this beautifully updated 1 bedroom, first floor co-op nestled within Mies van der Rohe's legendary Lafayette Park in Downtown Detroit. This iconic community offers a unique blend of classic modernism and contemporary living. Step inside to appreciate preserved architectural details alongside modern updates like new wide plank white oak luxury vinyl flooring, fresh paint, and stylish designer lighting. A dedicated home office niche provides a perfect workspace. The spa-inspired bathroom features updated fixtures and a reglazed tub, while the updated kitchen boasts a new refrigerator, sink, and faucet. Enjoy privacy and light control with new blinds and drapes, and relax in the bedroom with its custom feature wall. A new AC unit ensures year-round comfort. Residents benefit from private gated parking and secure entry. Embrace the vibrant urban lifestyle with walkable access to the Dequindre Cut Greenway, Eastern Market, diverse dining, and entertainment venues. Enjoy the tranquility of Lafayette Park's green spaces and the convenience of nearby grocery stores. This meticulously maintained co-op presents a rare chance to own a piece of architectural history in a highly desirable location. Schedule your private showing today to envision your life in this exceptional residence. Furnishings are negotiable. Included in the monthly HOA: property taxes, water, heat, building maintenance, a/c maintenance, trash. Co-op approval required for purchase. CASH terms, owner-occupied only. Pets are not permitted.

Last Agent to Sell the Property

Adrienne Stewart

Keller Williams Home License #6502417257 Listed on: 04/09/2025

Keller Williams Home

Last Buyer's Agent

Gustaf Andreasen

@properties Christie's Int'l R.E. Detroit License #6501434113

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

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1963 | Remodeled in 2025

HOA Fees

  • $691 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 700 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Free-Standing Electric Range
  • Range Hood

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • Marcus Mgt / Www.Cherboneaucoop.Com Association, Phone Number (248) 553-4700

Amenities

  • Laundry Facilities
  • Lobby

Property Details

Home Type

Condominium

Year Built

Built in 1963 | Remodeled in 2025

Lot Details

0

HOA Fees

$691 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Common Entry Building, Ranch
  • Architecture Level: 1 Story Ground
  • Year Built: 1963
  • Year Renovated: 2025
  • Entry Location: Ground Level
  • Pets Allowed: No
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Elevator/Lift, Furnished - Negotiable
  • Room Count: 6
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished, Common
  • Kitchen Appliances: Free-Standing Electric Range, Free-Standing Refrigerator, Range Hood
  • Sq Ft Combined: 700
  • Total Sq Ft: 700

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage
  • Garage Features: Parking Lot

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Baseboard
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Gas, Maintenance Structure, Maintenance Grounds, Pest Control, Sewer, Trash, Water
  • Association Fee Frequency: Monthly
  • Phone: marcusmgt@aol.com / 248.553.4700
  • Association Fee: 691
  • Association Contact: Marcus Mgt / www.cherboneaucoop.com
  • Association Fee: Yes

Schools

  • School District: Detroit

Rental Info

  • Tenant Amenities: Laundry On Site

MLS Schools

  • School District: Detroit

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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

Property History

Date Event Price Change Sq Ft Price
06/28/2025 06/28/25 Sold $54,000 -3.4% $77 / Sq Ft
06/13/2025 06/13/25 Pending -- -- --
04/09/2025 04/09/25 For Sale $55,900 +40.1% $80 / Sq Ft
02/01/2022 02/01/22 Sold $39,900 0.0% $57 / Sq Ft
11/27/2021 11/27/21 Pending -- -- --
11/13/2021 11/13/21 For Sale $39,900 -0.3% $57 / Sq Ft
08/09/2018 08/09/18 Sold $40,000 -4.8% $57 / Sq Ft
07/08/2018 07/08/18 Pending -- -- --
05/02/2018 05/02/18 Price Changed $42,000 -6.7% $60 / Sq Ft
01/16/2018 01/16/18 For Sale $45,000 -- $64 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20250023405

Realcomp