NOT LISTED FOR SALE

255 E Ferry St Detroit, MI 48202

Cultural Center Neighborhood

Estimated Value: $404,000 - $506,544

5 Beds
5 Baths
3,406 Sq Ft
$134/Sq Ft Est. Value

Sale Details

Date Sold: December 20, 2024

Last sale price $425,000 $125 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,852 / mo

84 Days on Market

Highlights

  • Victorian Architecture
  • No HOA
  • 4-minute walk to Peck Park
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of December 2024

Ferry Park Historic District: This stately Victorian home, situated on the renowned Historic Ferry Avenue, offers a prime location just steps away from cultural gems like Bas Bleu, CCS (College for Creative Studies), the Detroit Institute of Arts, and much more. While the exterior maintains its timeless charm, the interior is in need of a complete renovation, presenting a blank canvas for restoration enthusiasts. With its ample space and classic design, this property is an exceptional opportunity for investors to transform it into luxury condominiums or multifamily rentals, capitalizing on the neighborhood's growth and appeal.

Last Agent to Sell the Property

Kevin Hill

@properties Christie's Int'l RE Northville License #6501386910 Listed on: 09/12/2024

@properties Christie's Int'l RE Northville

Last Buyer's Agent

Marissa Kresch

Realtyflo Inc License #6501401679

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1890

Lot Details

  • 11,326 Sq Ft Lot
  • Lot Dimensions are 70 x 161

Home Design

  • Victorian Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 3,406 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • D M Ferrys Sub Of Park Lot No 41 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01001504.

Home Details

Home Type

Single Family

Est. Annual Taxes

$982

Year Built

Built in 1890

Lot Details

0.26 Acres

Listing Details

  • Property Type: Residential
  • Architecture Style: Victorian
  • Architecture Level: 3 Story
  • Year Built: 1890
  • State Equalized Value: 466200.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2.30
  • Full Bathrooms: 2
  • Half Bathrooms: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 3406

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Size Area: 0.26
  • Lot Dimensions: 70 x 161
  • Parcel Number: 01001504.

Tax Info

  • Tax Amount Summer: 886.0000
  • Tax Amount Winter: 96.0000
  • Total Tax: 982.0000
  • Taxable Value: 466200.0000

MLS Schools

  • School District: Detroit

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft Prior Sale
12/20/2024 12/20/24 Sold $425,000 -14.8% $125 / Sq Ft
12/05/2024 12/05/24 Pending -- -- --
09/12/2024 09/12/24 For Sale $499,000 +24.8% $147 / Sq Ft
11/16/2022 11/16/22 Sold $400,000 -- $117 / Sq Ft View Prior Sale
11/16/2022 11/16/22 Pending -- -- --
Source: Realcomp

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $22,887 $309,300 $0 $0
2024 $27,882 $368,800 $0 $0
2023 $35,991 $466,200 $0 $0
2022 $950 $442,000 $0 $0
2021 $922 $382,600 $0 $0
2020 $922 $391,000 $0 $0
2019 $906 $385,900 $0 $0
2018 $785 $8,900 $0 $0
2017 $169 $8,900 $0 $0
2016 $1,760 $51,700 $0 $0
2015 $1,860 $18,600 $0 $0
2013 $656 $19,613 $0 $0
2010 -- $28,756 $1,474 $27,282
Source: Public Records

Agents Affiliated with this Home

  • Kevin Hill

    Seller's Agent in 2024

    Kevin Hill

    @properties Christie's Int'l RE Northville

    (248) 722-4530

    4 in this area

    116 Total Sales

    Kevin Hill
    Section Image
  • Marissa Kresch

    Buyer's Agent in 2024

    Marissa Kresch

    Realtyflo Inc

    (313) 744-2505

    1 in this area

    37 Total Sales

    Marissa Kresch
    Section Image
  • Jason Hill

    Seller's Agent in 2022

    Jason Hill

    Historic Realty Detroit

    (313) 220-4820

    3 in this area

    121 Total Sales

    Jason Hill
    Section Image
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Map

Source: Realcomp

MLS Number: 20240066863

Realcomp

APN: 01-001504

Michigan Wayne County Detroit 48202 Cultural Center

255 E Ferry St, Detroit, MI

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 2026 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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