NOT LISTED FOR SALE

288 E Palmer St Detroit, MI 48202

Cultural Center Neighborhood

Estimated Value: $254,000 - $336,000

1 Bed
1 Bath
1,128 Sq Ft
$253/Sq Ft Est. Value

Last Sold August 16, 2016

Last sale price $170,000 $151 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,783/month

33 Days on Market

Highlights

  • Deck
  • 1 Car Direct Access Garage
  • Private Entrance
  • Cass Technical High School Rated 10
  • Forced Air Heating and Cooling System
  • 4-minute walk to Peck Park

About This Home

As of August 2016

Looking to make a move to Detroit and wanting a space that has a private entry, attached 1 car garage within walking distance to CCS, Wayne State, Medical District, all major freeways, bustling Midtown, well look no further. This Art Center Townhome built in 2005 could just be the place for you. This efficient 1 bdrm 1 bath townhome offers quite a bit in its unique 2 story layout. Newly repainted and cleaned with new carpet--this place is ready for you to settle in quickly and focus on all the other important things! NEZ tax abatement good through 2020 to owner occupant only, low maintenance fee of $175 covers building insurance , grounds maintenance, capital reserves and water. You pay separately for gas, electric, cable. Easy to show. Call to view! Contact lister for resources on financing.

Last Agent to Sell the Property

Elizabeth Tintinalli

@properties Christie's Int'l R.E. Detroit License #6501292285 Listed on: 05/26/2016

@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 2005 | Remodeled in 2016

Lot Details

  • Private Entrance

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete

Interior Spaces

  • 1,128 Sq Ft Home
  • 2-Story Property

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number W01I001527S002

Community Details

Overview

  • Art Center Town & Carriage Homes Wccp No 827 Subdivision
  • On-Site Maintenance

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,500

Year Built

Built in 2005 | Remodeled in 2016

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Townhouse
  • Architecture Level: 2 Story
  • Year Built: 2005
  • Year Renovated: 2016
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Room Count: 7
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Disposal, Refrigerator, Range/Stove
  • Sq Ft Combined: 1128
  • Total Sq Ft: 1128

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Brick, Wood
  • Exterior Features: Grounds Maintenance, Lighting, Private Entry
  • Foundation Materials: Poured
  • Porch Type: Deck
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Electric, Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • HOA Fee Includes: Water
  • Association Fee Frequency: Monthly
  • Association Fee: 175
  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Parcel Number: W01I001527S002

Tax Info

  • Tax Amount Summer: 1000.0000
  • Tax Amount Winter: 500.0000
  • Total Tax: 1500.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2016
Closed on
Aug 16, 2016
Sold by
Tapson Matthew and Tapson Tana
Bought by
Schubatis Adam C
Seller's Agent
Elizabeth Tintinalli
@properties Christie's Int'l R.E. Detroit
Buyer's Agent
Kevin Hill
Max Broock, REALTORS®-Detroit
List Price
$175,000
Sold Price
$170,000
Premium/Discount to List
-$5,000
-2.86%
Current Estimated Value
$285,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,667
Avg. Annual Appreciation
7.84%
Original Mortgage
$136,000
Outstanding Balance
$109,599
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$228,401
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Schubatis Adam C $170,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schubatis Adam C $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2016 08/16/16 Sold $170,000 -2.9% $151 / Sq Ft
06/28/2016 06/28/16 Pending -- -- --
05/26/2016 05/26/16 For Sale $175,000 -- $155 / 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
2025 -- $0 $0 $0
2024 $1,026 $0 $0 $0
2023 $1,026 $0 $0 $0
2021 $582 $0 $0 $0
2020 $582 $92,400 $0 $0
2019 $1,736 $56,900 $0 $0
2018 $1,736 $80,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Tintinalli

    Seller's Agent in 2016

    Elizabeth Tintinalli

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

    (313) 985-2251

    25 in this area

    188 Total Sales

    Elizabeth Tintinalli
    Section Image
  • Kevin Hill

    Buyer's Agent in 2016

    Kevin Hill

    Max Broock, REALTORS®-Detroit

    (248) 722-4530

    4 in this area

    120 Total Sales

    Kevin Hill
    Section Image
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Map

Source: Realcomp

MLS Number: 216051337

Realcomp

APN: 23-00-200-50-091

Michigan Wayne County Detroit 48202 Cultural Center

288 E Palmer St, Detroit, MI

This home is located at 288 E Palmer St, Detroit, MI 48202 since 26 May 2016 and is currently estimated at $285,667, approximately $253 per square foot. This property was built in 2005. 288 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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