$42,000
SOLD SEP 4, 2025

1550 Cherboneau Place Unit 226 Detroit, MI 48207

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

Recently Sold

$47 Per Sq Ft

11% Below List Price

141 Days on Market

Highlights

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

About This Home

As of September 2025

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, laundry, and a community room. Monthly dues cover property taxes, heat, water, trash, A/C and building maintenance, and insurance—providing exceptional value. Cash-only purchase; no financing or pets allowed.

Enjoy an unbeatable location just a short walk to Eastern Market, the Dequindre Cut Greenway, Greektown, and the Riverwalk, with easy access to all downtown Detroit sporting events and entertainment. Don’t miss this rare opportunity to own a piece of architectural history in the heart of the city!

Last Agent to Sell the Property

Erick Monzo

Keller Williams Realty-Great Lakes License #6501330189 Listed on: 03/12/2025

Keller Williams Realty-Great Lakes

Co-Listed By

Roderick Fletcher Sr

Keller Williams Realty-Great Lakes License #6501454745

Last Buyer's Agent

Brandon Perkins

Irongate Realty Group License #6501454979

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1963

HOA Fees

  • $725 Monthly HOA Fees

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

  • Mid level unit with steps

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • Https://Cherboneaucoop.Com/ Association, Phone Number (313) 567-6569

Property Details

Home Type

Condominium

Year Built

Built in 1963

Lot Details

0

HOA Fees

$725 per month

Listing Details

  • Property Type: Condominium
  • Architecture Level: 1 Story Up
  • Year Built: 1963
  • Entry Location: Mid Level w/Steps
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Room Count: 4
  • 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

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Phone: (313) 567-6569/Cooperative
  • Association Fee: 725
  • Association Contact: https://cherboneaucoop.com/
  • Association Fee: Yes

Schools

  • School District: Detroit

MLS Schools

  • School District: Detroit

Range of Values:

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Average Value
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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
09/04/2025 09/04/25 Sold $42,000 -4.5% $47 / Sq Ft
08/01/2025 08/01/25 Pending -- -- --
07/30/2025 07/30/25 Price Changed $44,000 -6.4% $49 / Sq Ft
07/15/2025 07/15/25 For Sale $47,000 0.0% $52 / Sq Ft
06/06/2025 06/06/25 Pending -- -- --
04/14/2025 04/14/25 Price Changed $47,000 -9.6% $52 / Sq Ft
03/12/2025 03/12/25 For Sale $52,000 0.0% $58 / Sq Ft
03/07/2025 03/07/25 Price Changed $52,000 +15.6% $58 / Sq Ft
03/07/2025 03/07/25 Price Changed $45,000 -- $50 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Erick Monzo

    Seller's Agent in 2025

    Erick Monzo

    Keller Williams Realty-Great Lakes

    (586) 210-3350

    1 in this area

    1,865 Total Sales

    Erick Monzo
    Section Image

  • R

    Seller Co-Listing Agent in 2025

    Roderick Fletcher Sr

    Keller Williams Realty-Great Lakes

    (586) 224-2924

    1 in this area

    11 Total Sales

    Roderick Fletcher Sr
    Section Image

  • B

    Buyer's Agent in 2025

    Brandon Perkins

    Irongate Realty Group

    (248) 219-8636

    1 in this area

    18 Total Sales

    Brandon Perkins
    Section Image
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Map

Source: Realcomp

MLS Number: 20250014774

Realcomp
Michigan Wayne County Detroit 48207 Lafayette Park

1550 Cherboneau Place Unit 226, Detroit, MI

This home is located at 1550 Cherboneau Place Unit 226, Detroit, MI 48207 and is currently priced at $42,000, approximately $46 per square foot. This property was built in 1963. 1550 Cherboneau Place Unit 226 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

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