$400,000
SOLD NOV 13, 2024
3 Beds
3.5 Baths
2,760 Sq Ft
$625/mo HOA Fee

Recently Sold

$145 Per Sq Ft

18% Below List Price

216 Days on Market

Highlights

  • Jetted Tub in Primary Bathroom
  • Stainless Steel Appliances
  • 2 Car Attached Garage
  • Cass Technical High School Rated 10
  • Balcony
  • 4-minute walk to Peck Park

About This Home

As of November 2024

Price Drop! Motivated Sellers! Welcome home to 283 E. Ferry! This well-maintained Townhouse located in the Historical Cultural Center is a desirable and rare find. Within walking distance to Peck Park, CCS, The DIA, WSU, not to mention, the endless options for Dining, and close access to I-94 & I-75. The Townhouse is also within close proximity to all pro sports arenas. You can walk, scooter or take the free Q Line ride down to LCA, Comerica and Ford Field. Upon entering, you're greeted with an open and bright layout with a spacious Living Room, with enough space for a Dining Room. Open Kitchen with stainless steel appliances & half bathroom for guest use. Just off the kitchen is the private balcony, perfect for spending your summer relaxing and taking in the view of the blossoming trees. Upstairs you'll find a bedroom and bathroom, and the convenience of having an upstairs laundry room. The Master Bedroom is a dream for many with dark laminate floors, walk-in closet, two additional closets, & an end-suite bathroom suited with a double vanity, shower & jetted tub. The Basement is the perfect spot to spend on Game Days or with Family on Movie Nights...plumbed for a Wet Bar if you choose to complete the space! 3rd Bedroom & Bathroom in the basement, or make the bedroom an office or workout space! Attached 2-car garage with Outlets & a Water Faucet, plus gated entry with space to park 2 or more additional cars in the driveway. The owners have lovingly maintained this property with a New Hot Water Tank, New Garage Door, and appliance warranty that also covers the Hot Water Tank. NEZ-H tax abatement was approved and a new tax rate will begin in 2024. NEZ-H is in place until December 30, 2039!

Last Agent to Sell the Property

Lisa LaForest-Smith

Berkshire Hathaway HomeServices The Loft Warehouse License #6501355008 Listed on: 04/11/2024

Berkshire Hathaway HomeServices The Loft Warehouse

Last Buyer's Agent

William Mallow

Redfin Corporation License #6501421609

Redfin Corporation

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

Year Built

  • Built in 2003

HOA Fees

  • $625 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2,760 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Finished Basement

Kitchen

  • Built-In Gas Oven
  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater

Additional Features

  • Fenced
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 01001509.004L

Community Details

Overview

  • Ferry Street East Townhomes Association
  • Wayne County Condominium Sub Plan No. 678 Subdivision
  • On-Site Maintenance

Amenities

  • Laundry Facilities

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,938

Year Built

Built in 2003

Lot Details

0

HOA Fees

$625 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Townhouse
  • Architecture Level: 2 Story
  • Year Built: 2003
  • State Equalized Value: 11200.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Cats OK, Dogs OK
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Amenities: Jetted Tub, Programmable Thermostat, Furnished - No
  • Room Count: 11
  • Total Bedrooms: 3
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Built-In Gas Oven, Dishwasher, Disposal, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 3864
  • Sq Ft Lower Floor: 1104
  • Total Sq Ft: 2760
  • Sq Ft Total Bsmt: 1104

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Grounds Maintenance, Lighting, Fenced
  • Foundation Materials: Poured
  • Porch Type: Balcony, Patio
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Maintenance Grounds, Sewer, Water
  • Association Fee Frequency: Monthly
  • Phone: jlongton@gmail.com
  • Association Fee: 625
  • Association Contact: Ferry Street East Townhomes
  • Association Fee: Yes

Schools

  • School District: Detroit

Lot Info

  • Homestead: Yes
  • Parcel Number: 01001509.004L

Tax Info

  • Tax Amount Summer: 9278.0900
  • Tax Amount Winter: 660.9500
  • Total Tax: 9938.0000
  • Taxable Value: 10600.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2024
Closed on
Nov 13, 2024
Sold by
Delgado Anjanette and Delgado Joseph
Bought by
Valentino Frank and Chamberlain Lynda
Seller's Agent
Lisa LaForest-Smith
Berkshire Hathaway HomeServices The Loft Warehouse
Buyer's Agent
William Mallow
Redfin Corporation
List Price
$489,000
Sold Price
$400,000
Premium/Discount to List
-$89,000
-18.2%
Total Days on Market
216
Views
121
Current Estimated Value
$420,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,959
Avg. Annual Appreciation
9.92%

Purchase Details

Listed on
Apr 14, 2020
Closed on
Jul 31, 2020
Sold by
Hamilton Develyn V
Bought by
Delgado Anjanete and Delgado Joseph
Seller's Agent
Monique Carter
Carter & Associates Realty
Buyer's Agent
Lisa LaForest-Smith
Berkshire Hathaway HomeServices The Loft Warehouse
List Price
$449,900
Sold Price
$445,000
Premium/Discount to List
-$4,900
-1.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.45%
Original Mortgage
$400,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2004
Sold by
Ferry Street East Development Llc
Bought by
Hamilton Develyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,200
Interest Rate
4.5%
Mortgage Type
Unknown
Source: Public Records

Similar Home in Detroit, MI

  • 267 E Palmer St Unit 21, Detroit, MI 48202

    $498,500

    • 4 Beds
    • 4 Baths
    • 2,223 Sq Ft
    • 267 E Palmer St
    • Unit 21
    • Detroit, MI

    2015 New Construction 4 bedroom 4 bathroom Midtown Townhome within Arts Center District and steps away from Wayne State University, DIA, CCS, Henry Ford Hospital, DMC, and Q-line stop. Home boosts updated flooring throughout, granite counters, SS appliances, 2 car attached garage, balcony and bedrooms w/ views of Detroit. Each bedroom has its own full bath and sound proof walls, great for

    Chuck Cory Max Broock, REALTORS-Royal Oak

    Section Image

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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $400,000 First American Title
Warranty Deed $445,000 Red Carpet Title Agency Llc
Warranty Deed $445,000 Red Carpet Title
Corporate Deed $294,000 Lamont Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $400,500 New Conventional
Previous Owner $203,897 New Conventional
Previous Owner $235,200 Unknown
Previous Owner $58,800 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2024 11/13/24 Sold $400,000 -5.9% $145 / Sq Ft
11/13/2024 11/13/24 Pending -- -- --
10/15/2024 10/15/24 Price Changed $425,000 -5.3% $154 / Sq Ft
09/26/2024 09/26/24 Price Changed $449,000 -1.1% $163 / Sq Ft
08/27/2024 08/27/24 Price Changed $453,900 0.0% $164 / Sq Ft
07/17/2024 07/17/24 Price Changed $454,000 -1.1% $164 / Sq Ft
06/21/2024 06/21/24 Price Changed $459,000 -1.1% $166 / Sq Ft
06/07/2024 06/07/24 Price Changed $464,000 -1.1% $168 / Sq Ft
05/17/2024 05/17/24 Price Changed $469,000 -2.1% $170 / Sq Ft
04/30/2024 04/30/24 Price Changed $479,000 -2.0% $174 / Sq Ft
04/11/2024 04/11/24 For Sale $489,000 +9.9% $177 / Sq Ft
07/31/2020 07/31/20 Sold $445,000 -1.1% $161 / Sq Ft
05/14/2020 05/14/20 Pending -- -- --
04/14/2020 04/14/20 For Sale $449,900 -- $163 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

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
2024 $9,278 $167,400 $0 $0
2023 $11,632 $194,600 $0 $0
2022 $16,811 $265,300 $0 $0
2021 $16,059 $228,500 $0 $0
2020 $4,727 $231,600 $0 $0
2019 $4,643 $227,200 $0 $0
2018 $45 $9,200 $0 $0
2017 $11 $9,200 $0 $0
2016 $291 $94,500 $0 $0
2015 $57 $600 $0 $0
2013 -- $561 $0 $0
2010 -- $561 $561 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20240022992

Realcomp

APN: 01-00-150-90-04L