$52,500
SOLD APR 28, 2025

1550 Cherboneau Place Unit 128 Detroit, MI 48207

Lafayette Park Neighborhood
1 Bed
1 Bath
700 Sq Ft
$675/mo HOA Fee

Recently Sold

$75 Per Sq Ft

5% Below List Price

35 Days on Market

Highlights

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

About This Home

As of April 2025

Affordable Downtown living! Centrally located in Historic Lafayette Park, this turn-key one bedroom unit features include a new central A/C unit, newer kitchen renovation w/stainless steel appliances, recessed lighting, and laminate flooring throughout. There are abundant closets with 2 walk-ins. 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. HOA is $676/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: 02/01/2025

Last Buyer's Agent

Isaac Oserin

O'Connor Realty Detroit, LLC License #6501406972 Listed on: 02/01/2025

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1963

HOA Fees

  • $675 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • Http://Www.Cherboneaucoop.Com Association

Property Details

Home Type

Condominium

Year Built

Built in 1963

Lot Details

0

HOA Fees

$675 per month

Listing Details

  • Property Type: Condominium
  • Architecture Level: 1 Story Ground
  • 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: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Sq Ft Combined: 700
  • Total Sq Ft: 700

Exterior Features

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

Garage/Parking

  • Garage Size: No Garage

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, Pest Control, Sewer, Trash, Water
  • Association Fee Frequency: Monthly
  • Phone: Marcusmgt@aol.com
  • Association Fee: 675
  • Association Contact: http://www.cherboneaucoop.com
  • Association Fee: Yes

Schools

  • School District: Detroit

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
04/28/2025 04/28/25 Sold $52,500 -4.5% $75 / Sq Ft
03/08/2025 03/08/25 Pending -- -- --
02/01/2025 02/01/25 For Sale $55,000 -- $79 / 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: 20250006798

Realcomp