NOT LISTED FOR SALE

287 E Palmer St Detroit, MI 48202

Cultural Center Neighborhood

Estimated Value: $266,172

1 Bed
1 Bath
1,128 Sq Ft
$236/Sq Ft Est. Value

Last Sold July 01, 2016

Last sale price $177,000 $157 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,765/month

1 Day on Market

Highlights

  • Balcony
  • Forced Air Heating System
  • 1 Car Garage
  • Cass Technical High School Rated 10
  • Ceiling Fan

About This Home

As of July 2016

Art Center Townhome located in Midtown. 1 bed 1 bath unit with a great walk out balcony and a 1 car attached garage. Very Walkable area, just a few blocks from CCS, Wayne State, M1 railway, and new stadium.

Last Agent to Sell the Property

Adam Soroka

@properties Christie's Int'l R.E. Detroit License #6501385563 Listed on: 04/25/2016

@properties Christie's Int'l R.E. Detroit

Last Buyer's Agent

Kevin Hill

Max Broock, REALTORS®-Detroit License #RCO-6501386910

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

Year Built

  • Built in 2007

HOA Fees

  • $145 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Bi-Level Home
  • Brick Exterior Construction
  • Block Foundation
  • Slab Foundation

Interior Spaces

  • 1,128 Sq Ft Home
  • Ceiling Fan
  • Dryer

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number W01I001560S004

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$803

Year Built

Built in 2007

Lot Details

0

HOA Fees

$145 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Townhouse
  • Architecture Level: Bi-Level
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Room Count: 4
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator
  • Sq Ft Combined: 1128
  • Total Sq Ft: 1128

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Porch Type: Balcony
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Heat Pump
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fee: 145
  • Association Fee: Yes

Schools

  • School District: Detroit

Lot Info

  • Parcel Number: W01I001560S004

Tax Info

  • Tax Amount Summer: 726.0000
  • Tax Amount Winter: 77.0000
  • Total Tax: 803.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2016
Closed on
Jun 29, 2016
Sold by
Veenstra Kenneth J and Veenstra Debra
Bought by
Parikh Malav J
Seller's Agent
Adam Soroka
@properties Christie's Int'l R.E. Detroit
Buyer's Agent
Kevin Hill
Max Broock, REALTORS®-Detroit
List Price
$180,000
Sold Price
$177,000
Premium/Discount to List
-$3,000
-1.67%
Current Estimated Value
$266,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,172
Original Mortgage
$141,600
Outstanding Balance
$112,577
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 25, 2016
Closed on
May 27, 2016
Sold by
Veenstra Amy
Bought by
Veenstra Kenneth J
Seller's Agent
Adam Soroka
@properties Christie's Int'l R.E. Detroit
Buyer's Agent
Kevin Hill
Max Broock, REALTORS®-Detroit
List Price
$180,000
Sold Price
$177,000
Premium/Discount to List
-$3,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,600
Outstanding Balance
$112,577
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Parikh Malav J $177,000 Etitle Agency Inc
Parikh Malav -- Bbc Title Agency Llc
Veenstra Kenneth J -- Etitle Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parikh Malav $141,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2016 07/01/16 Sold $177,000 -1.7% $157 / Sq Ft
04/26/2016 04/26/16 Pending -- -- --
04/25/2016 04/25/16 For Sale $180,000 0.0% $160 / Sq Ft
10/01/2013 10/01/13 Rented $950 0.0% --
10/01/2013 10/01/13 Under Contract -- -- --
09/03/2013 09/03/13 For Rent $950 -- --
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 $2,045 $0 $0 $0
2023 $2,045 $84,500 $0 $0
2022 $1,849 $140,700 $0 $0
2021 $1,773 $173,000 $0 $0
2020 $1,494 $175,900 $0 $0
2019 $1,704 $121,800 $0 $0
2018 $1,557 $95,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Adam Soroka

    Seller's Agent in 2016

    Adam Soroka

    @properties Christie's Int'l R.E. Detroit

    (586) 563-7792

    1 in this area

    114 Total Sales

    Adam Soroka
    Section Image
  • Kevin Hill

    Buyer's Agent in 2016

    Kevin Hill

    Max Broock, REALTORS®-Detroit

    (248) 722-4530

    4 in this area

    123 Total Sales

    Kevin Hill
    Section Image
  • Lauren Bruyninga

    Seller's Agent in 2013

    Lauren Bruyninga

    O'Connor Realty Detroit, LLC

    (313) 475-1095

    1 in this area

    62 Total Sales

    Lauren Bruyninga
    Section Image
  • Toni Jennings

    Buyer's Agent in 2013

    Toni Jennings

    Abode Detroit

    (313) 506-7711

    2 in this area

    31 Total Sales

    Toni Jennings
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 216048247

Realcomp

APN: 23-00-200-51-782

Michigan Wayne County Detroit 48202 Cultural Center

287 E Palmer St, Detroit, MI

This home is located at 287 E Palmer St, Detroit, MI 48202 since 25 April 2016 and is currently priced at $266,172, approximately $235 per square foot. This property was built in 2007. 287 E Palmer St is a home located in Wayne County with nearby schools including Golightly Education Center, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

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
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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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