$45,000

1550 Cherboneau Place Unit 127 Detroit, MI 48207

Lafayette Park Neighborhood

Estimated payment $1,022/month

Total Views 9,861
2 Beds
1 Bath
900 Sq Ft
$50 Price per Sq Ft

Highlights

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

About This Home

Amazing Opportunity-Historic Lafayette Park Co-op! This first floor, 2 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, sports venues, 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.

Last Listed By

Adrienne Stewart

Keller Williams Home License #6502417257 Listed on: 04/17/2025

Keller Williams Home

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
  • Block Foundation

Interior Spaces

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 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

Amenities

  • Lobby

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: 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: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished, Common
  • Sq Ft Combined: 900
  • Total Sq Ft: 900

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: Wall Unit(s)
  • Heating: Baseboard
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Insurance, Gas, Maintenance Structure, Maintenance Grounds, Pest Control, Sewer, Water
  • Association Fee Frequency: Monthly
  • Phone: marcusmgt@aol.com / 248.553.4700
  • Association Fee: 725
  • Association Contact: Marcus Mgt / www.cherboneaucoop.com
  • Association Fee: Yes

Schools

  • School District: Detroit

MLS Schools

  • School District: Detroit

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
04/17/2025 04/17/25 For Sale $45,000 -- $50 / Sq Ft
Source: Realcomp

Similar Homes in Detroit, MI

  • 1550 Cherboneau Place Unit 121, Detroit, MI 48207

    $39,000

    • 1 Bed
    • 1 Bath
    • 700 Sq Ft
    • 1550 Cherboneau Place
    • Unit 121
    • Detroit, MI

    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

    Adrienne Stewart Keller Williams Home

    Section Image
  • 1550 Cherboneau Place Unit 226, Detroit, MI 48207

    $47,000

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft
    • 1550 Cherboneau Place
    • Unit 226
    • Detroit, MI

    Experience mid-century modern living in this 2-bedroom, 1-bath cooperative condo, nestled in a National Historic Landmark district featuring the largest collection of residential buildings designed by Mies van der Rohe. This owner-occupied community offers a host of amenities, including central A/C, vintage steel kitchen cabinets, hardwood floors, an exercise room, workshop, library, lounge,

    Erick Monzo Keller Williams Realty-Great Lakes

    Section Image
  • 1550 Cherboneau Place Unit 107, Detroit, MI 48207

    $55,900

    • 1 Bed
    • 1 Bath
    • 700 Sq Ft
    • 1550 Cherboneau Place
    • Unit 107
    • Detroit, MI

    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

    Adrienne Stewart Keller Williams Home

    Section Image
  • 8900 E Jefferson Ave Unit 1223, Detroit, MI 48214

    $49,999

    • 1 Bed
    • 1 Bath
    • 675 Sq Ft
    • 8900 E Jefferson Ave
    • Unit 1223
    • Detroit, MI

    Welcome to your newly updated 1-bedroom WATERFRONT cooperative, where modern design meets tranquil riverside living. This tastefully remodeled unit features brand-new stainless steel appliances, luxury vinyl flooring, and new paint, offering a seamless blend of style and comfort. Situated in a peaceful, gated building, you'll enjoy stunning views of the Detroit River along with 24/7 security.

    Charlie Ponders KW Metro

    Section Image
  • 8900 E Jefferson Ave Unit 624, Detroit, MI 48214

    $39,999

    • Studio
    • 1 Bath
    • 425 Sq Ft
    • 8900 E Jefferson Ave
    • Unit 624
    • Detroit, MI

    Discover the charm of waterfront living with this exquisite studio co-op unit in the heart of Detroit. Nestled just steps away from the serene waters, this meticulously maintained residence offers a perfect blend of comfort and convenience. The spacious living area is bathed in natural light. With easy access to local amenities, parks, and downtown Detroit, this unit is a rare find. Enjoy the

    Marc Johnson Johnson Realty Group, LLC

    Section Image
  • 8900 E Jefferson Ave Unit 1431, Detroit, MI 48214

    $49,000

    • 1 Bed
    • 1 Bath
    • 650 Sq Ft
    • 8900 E Jefferson Ave
    • Unit 1431
    • Detroit, MI

    CAN'T BEAT THE PRICE FOR A 14TH FLOOR HIGH RISE CO-OP!!!!! Exceptional views of Detroit abound with this superb condo located on the city's "Gold Coast"!!! Wonderful one bedroom updated unit sitting on the Detroit River, great centralized location close to downtown, mid-town, mexican-town, cork-town, Belle-Isle, and all of the city's hot spots!!! No car, no worries, ride your bike to all of

    Mark DerManulian Metropolitan Real Estate Group

    Section Image
  • 17288 Bentler St Unit 25, Detroit, MI 48219

    $48,000

    • 2 Beds
    • 1 Bath
    • 17288 Bentler St
    • Unit 25
    • Detroit, MI

    INVESTMENT OPPORTUNITY: Vacant brick Condo in attractive neighborhood with basement and garage.

    Kristian Freiwald Kristian Freiwald

    Section Image
  • 17274 Bentler St, Detroit, MI 48219

    $45,000

    • 2 Beds
    • 1 Bath
    • 711 Sq Ft
    • 17274 Bentler St
    • Detroit, MI

    Updated 2 bedroom, 1 bath condo in a well maintained complex. All new carpet and paint. New bathroom sink/vanity and toilet. You will have secured and assigned parking. Basement has storge and laundry facility. This is east living with low maintenance.

    Bradford Lack Berkshire Hathaway HomeServices Kee Realty SCS

    Section Image
  • 17274 Bentler St Unit 55, Detroit, MI 48219

    $48,000

    • 1 Bed
    • 1 Bath
    • 17274 Bentler St
    • Unit 55
    • Detroit, MI

    INVESTMENT OPPORTUNITY: brick Condo in attractive neighborhood with basement and garage. Home is currently rented at $850.00.

    Kristian Freiwald Kristian Freiwald

    Section Image
See All Homes in Detroit

Source: Realcomp

MLS Number: 20250027069

Realcomp

Michigan Wayne County Detroit 48207 Lafayette Park

1550 Cherboneau Place Unit 127, Detroit, MI

This home is located at 1550 Cherboneau Place Unit 127, Detroit, MI 48207 and is currently priced at $45,000, approximately $50 per square foot. This property was built in 1963. 1550 Cherboneau Place Unit 127 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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
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

Nearby Homes
Adrienne Stewart
Listing Agent
Adrienne Stewart
Section Image
Keller Williams Home
(248) 212-3765