$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

Parking

  • Parking Lot

Home Design

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

Garage/Parking

  • Garage Size: No Garage
  • Garage Features: Parking Lot

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

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

Property History

Date Event Price List to Sale Price per Sq Ft
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

  • Jay Taylor

    Seller's Agent in 2025

    Jay Taylor

    Good Company

    (313) 410-1149

    2 in this area

    228 Total Sales

    Jay Taylor
    Section Image

  • M

    Seller Co-Listing Agent in 2025

    Melissa Taylor

    Good Company

    (248) 288-3500

    2 in this area

    90 Total Sales

    Melissa Taylor
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20240090768

Realcomp
Michigan Wayne County Detroit 48207 Rivertown

2987 Franklin St Unit 11, Detroit, MI

This home is located at 2987 Franklin St Unit 11, Detroit, MI 48207 and is currently priced at $199,000, approximately $280 per square foot. This property was built in 1943. 2987 Franklin St Unit 11 is a home located in Wayne County with nearby schools including Ralph J.Bunche Preparatory Academy, 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
Copyright 2025 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

Nearby Homes