$199,000
SOLD APR 3, 2025

2987 Franklin St Unit 11 Detroit, MI 48207

Rivertown Neighborhood
1 Bed
1 Bath
710 Sq Ft
$225/mo HOA Fee

Recently Sold

$280 Per Sq Ft

13% Below List Price

108 Days on Market

Highlights

  • Lobby
  • 1-Story Property
  • Laundry Facilities
  • Cass Technical High School Rated 10
  • Forced Air Heating System
  • Dogs and Cats Allowed

About This Home

As of April 2025

ndustrial corner loft located in Detroit's East Rivertown neighborhood with large warehouse windows and desirable features like sleek, high end finishes, concrete floors, and tall ceiling. Housed in the historic Dongan Building and originally built in 1905 to manufacture military parts during World War II. The bright, open kitchen is finished with a subway tile backsplash; stainless appliances with built-in under-cabinet microwave; hand built open shelving; and a custom kitchen island with tons of storage. The industrial-chic bathroom features spacious walk-in shower, and in-unit laundry. Included in the building is gated parking spaces, along with fiber internet, keyless entry system, security cameras, and additional resident storage, and an NEZ cert through 2035. You will fall in love with Detroit's Rivertown District, near the city center and close to attractions like the Detroit Riverwalk, Belle Isle, Chene Park, Dequindre Cut, and Eastern market. Schedule your private tour today!

Last Agent to Sell the Property

Jay Taylor

Good Company License #6501394740 Listed on: 12/06/2024

Good Company

Co-Listed By

Melissa Taylor

Good Company License #6501415773

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1943 | Remodeled in 2021

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Metal Siding

Interior Spaces

  • 710 Sq Ft Home
  • 1-Story Property

Kitchen

  • Free-Standing Gas Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Fenced
  • Mid level unit with elevator

Listing and Financial Details

  • Assessor Parcel Number 11000072.011

Community Details

Overview

  • Joshua Glinski Association
  • Wayne County Condo Plan No 1095 Subdivision

Amenities

  • Laundry Facilities
  • Lobby

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,339

Year Built

Built in 1943 | Remodeled in 2021

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Common Entry Building, Loft
  • Architecture Level: 1 Story Up
  • Year Built: 1943
  • State Equalized Value: 111300.0000
  • Year Renovated: 2021
  • Entry Location: Mid Level w/Elevator
  • Pets Allowed: Cats OK, Dogs OK
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Room Count: 3
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Free-Standing Gas Oven, Free-Standing Refrigerator
  • Sq Ft Combined: 710
  • Total Sq Ft: 710

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Brick, Block, Metal Siding
  • Exterior Features: Fenced
  • Road Frontage Type: Paved
  • Fencing: Fenced

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Water at Street
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Maintenance Structure, Maintenance Grounds, Trash
  • Association Fee Frequency: Monthly
  • Phone: joshua@camtrade.com
  • Association Fee: 225
  • Association Contact: Joshua Glinski
  • Association Fee: Yes

Schools

  • School District: Detroit

Lot Info

  • Parcel Number: 11000072.011

Rental Info

  • Tenant Amenities: Laundry In-Unit

Tax Info

  • Tax Amount Summer: 3001.0000
  • Tax Amount Winter: 338.0000
  • Total Tax: 3339.0000
  • Taxable Value: 79755.0000

MLS Schools

  • School District: Detroit

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Range of Values:

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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
04/03/2025 04/03/25 Sold $199,000 0.0% $280 / Sq Ft
03/24/2025 03/24/25 Pending -- -- --
01/29/2025 01/29/25 Price Changed $199,000 -13.5% $280 / Sq Ft
12/06/2024 12/06/24 For Sale $230,000 -- $324 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240090768

Realcomp