NOT LISTED FOR SALE

1550 Cherboneau Place Unit 112 Detroit, MI 48207

Lafayette Park Neighborhood
2 Beds
1 Bath
900 Sq Ft
$725/mo HOA Fee

Last Sold August 22, 2024

Last sale price $64,200 $71 Per Sq Ft

141 Days on Market

Highlights

  • Ranch Style House
  • Ground Level Unit
  • Baseboard Heating
  • Cass Technical High School Rated 10

About This Home

As of August 2024

Affordable Downtown living! Centrally located in Historic Lafayette Park, this turn-key sun-flooded, two bedroom unit features include a new central A/C unit, renovated bathroom, vintage steel kitchen cabinets, with butcher block counters, and solid bamboo flooring throughout. There are abundant closets. Community features include gated parking, exercise room, workshop, library/lounge, laundry room, community room (also available for rent), elevator and private storage. Financially solvent and well-maintained co-op is 100% owner-occupied. Financing is not allowed as well as investors or pets. Co-op approval required to purchase. Must be purchaser's primary residence. Minimum credit of 670 required. Minimum income of $26,200 required. HOA is $725/mo and INCLUDES REAL ESTATE TAXES, heat, water, trash, AC maintenance & building maintenance/insurance. Cherboneau Place Cooperative is located in Lafayette Park, a National Historic Landmark District which includes the largest collection of residential buildings designed by Mies van der Rohe. Walk to Eastern Market, Dequindre Cut Greenway, Greektown, Riverwalk and all Downtown sporting venues!

Last Agent to Sell the Property

Isaac Oserin

O'Connor Realty Detroit, LLC License #6501406972 Listed on: 03/12/2024

Last Buyer's Agent

Monique Carter

Carter & Associates Realty License #6502339121

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1963

HOA Fees

  • $725 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 900 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • Marcus Management Association

Property Details

Home Type

Condominium

Year Built

Built in 1963

Lot Details

0

HOA Fees

$725 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1963
  • Entry Location: Ground Level
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Sq Ft Combined: 900
  • Total Sq Ft: 900

Exterior Features

  • Foundation Details: Crawl
  • Construction Materials: Brick
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Baseboard
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Gas, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water
  • Association Fee Frequency: Monthly
  • Phone: marcusmgt@aol.com
  • Association Fee: 725
  • Association Contact: Marcus Management
  • Association Fee: Yes

Schools

  • School District: Detroit

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 Change Sq Ft Price
08/22/2024 08/22/24 Sold $64,200 +0.5% $71 / Sq Ft
08/01/2024 08/01/24 Pending -- -- --
07/05/2024 07/05/24 For Sale $63,900 0.0% $71 / Sq Ft
06/14/2024 06/14/24 Pending -- -- --
03/12/2024 03/12/24 For Sale $63,900 +68.2% $71 / Sq Ft
03/01/2018 03/01/18 Sold $38,000 +26.7% $40 / Sq Ft
07/11/2017 07/11/17 Pending -- -- --
06/20/2017 06/20/17 For Sale $30,000 -- $32 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Isaac Oserin

    Seller's Agent in 2024

    Isaac Oserin

    O'Connor Realty Detroit, LLC

    (917) 733-6686

    14 in this area

    27 Total Sales

    Isaac Oserin
    Section Image
  • Monique Carter

    Buyer's Agent in 2024

    Monique Carter

    Carter & Associates Realty

    (248) 357-1755

    3 in this area

    54 Total Sales

    Monique Carter
    Section Image

  • C

    Seller's Agent in 2018

    Clyde Goodwin

    Real Estate Pro

    Section Image
  • Anne Osmer

    Buyer's Agent in 2018

    Anne Osmer

    KW Domain

    (248) 797-7035

    5 Total Sales

    Anne Osmer
    Section Image
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Map

Source: Realcomp

MLS Number: 20240015086

Realcomp
Michigan Wayne County Detroit 48207 Lafayette Park

1550 Cherboneau Place Unit 112, Detroit, MI

This home is located at 1550 Cherboneau Place Unit 112, Detroit, MI 48207 since 12 March 2024. This property was built in 1963. 1550 Cherboneau Place Unit 112 is a home located in Wayne County with nearby schools including Chrysler Elementary School, Ralph J.Bunche Preparatory Academy, and Charles L. Spain Elementary-Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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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