$34,900
$4K PRICE DROP

1550 Cherboneau Place Unit 121 Detroit, MI 48207

Lafayette Park Neighborhood

Estimated payment $898/month

Total Views 14,971
1 Bed
1 Bath
700 Sq Ft
$50 Price per Sq Ft

Highlights

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

About This Home

Historic Lafayette Park Co-op! This first floor, 1 bedroom unit is in need of some TLC and is priced accordingly. Make this home your own with fresh paint, new flooring, and appliances. Lots of storage space. You cannot beat the location, walkable to all of the best that Downtown has to offer: Dequindre Cut, Eastern Market, the Riverwalk, sporting events, dining & entertainment galore! Cherboneau Place offers residents a great community feel and many amenities included gated parking, beautiful grounds, a community room, library, on-site laundry, exercise room, workshop, and secure, private storage. There is also an elevator for added convenience. 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. Sale subject to probate court approval-Estate Sale.

Listing Agent

Adrienne Stewart

Keller Williams Home License #6502417257 Listed on: 04/18/2025

Keller Williams Home

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1963

HOA Fees

  • $675 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 700 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Accessible Elevator Installed
  • Ground Level Unit

Community Details

Overview

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

Amenities

  • Laundry Facilities
  • Lobby

Property Details

Home Type

Condominium

Year Built

Built in 1963

Lot Details

0

HOA Fees

$675 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Common Entry Building, Ranch
  • Architecture Level: 1 Story Ground
  • Year Built: 1963
  • Accessibility Features: Accessible Elevator Installed
  • Entry Location: Ground Level
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Elevator/Lift
  • Room Count: 5
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished, Common
  • Sq Ft Combined: 700
  • Total Sq Ft: 700

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Grounds Maintenance
  • 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: Wall Unit(s)
  • Heating: Baseboard
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Insurance, Gas, Maintenance Structure, Maintenance Grounds, Pest Control, Sewer, Trash, Water
  • Association Fee Frequency: Monthly
  • Phone: marcusmgt@aol.com / 248.553.4700
  • Association Fee: 675
  • 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

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 Change Sq Ft Price
08/14/2025 08/14/25 Price Changed $34,900 -10.5% $50 / Sq Ft
04/18/2025 04/18/25 For Sale $39,000 -- $56 / Sq Ft
Source: Realcomp

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Source: Realcomp

MLS Number: 20250027303

Realcomp
Michigan Wayne County Detroit 48207 Lafayette Park

1550 Cherboneau Place Unit 121, Detroit, MI

This home is located at 1550 Cherboneau Place Unit 121, Detroit, MI 48207 and is currently priced at $34,900, approximately $49 per square foot. This property was built in 1963. 1550 Cherboneau Place Unit 121 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.

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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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Adrienne Stewart
Listing Agent
Adrienne Stewart
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Keller Williams Home
(248) 212-3765