$67,500
$2K PRICE DROP

1550 Cherboneau Place Unit 115 Detroit, MI 48207

Lafayette Park Neighborhood

Estimated payment $1,166/month

Total Views 9,165
2 Beds
1 Bath
900 Sq Ft
$75 Price per Sq Ft

Highlights

  • Ground Level Unit
  • Lobby
  • Baseboard Heating
  • Cass Technical High School Rated 10
  • 1-Story Property

About This Home

Historic Lafayette Park. Turn-key two bedroom co-op apartment. Unit features include central AC, Kitchen with vintage steel cabinets & hardwood floors throughout. There are abundant closets + additional private storage in the basement. Co-op features include gated parking, exercise room, workshop, library/lounge, laundry room, community room (also available for rent), elevator. Financially strong and well-maintained co-op is 100 % owner-occupied and does not allow financing, investors or pets. Co-op approval required to purchase. HOA is $720.00/mo and INCLUDES REAL ESTATE TAXES, heat, water, trash, unit 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!

Listing Agent

Isaac Oserin

O'Connor Realty Detroit, LLC License #6501406972 Listed on: 09/02/2025

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1963

HOA Fees

  • $743 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • Https://Marcusmgt.Com Association

Amenities

  • Lobby

Property Details

Home Type

Condominium

Year Built

Built in 1963

Lot Details

0

HOA Fees

$743 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Common Entry Building
  • 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

  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • 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: Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fee: 743
  • Association Contact: https://marcusmgt.com
  • Association Fee: Yes

MLS Schools

  • School District: Detroit

Map

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 List to Sale Price per Sq Ft Prior Sale
12/02/2025 12/02/25 Price Changed $67,500 -3.4% $75 / Sq Ft
09/02/2025 09/02/25 For Sale $69,900 -8.0% $78 / Sq Ft
05/31/2017 05/31/17 Sold $76,000 +1.5% $80 / Sq Ft View Prior Sale
04/26/2017 04/26/17 Pending -- -- --
04/17/2017 04/17/17 For Sale $74,900 -- $79 / Sq Ft
Source: Realcomp

Source: Realcomp

MLS Number: 20251032750

Realcomp