NOT LISTED FOR SALE

3118 E Lafayette St Unit 38 Detroit, MI 48207

Elmwood Park Neighborhood

Estimated Value: $99,000 - $128,062

2 Beds
1 Bath
1,516 Sq Ft
$75/Sq Ft Est. Value

Last Sold December 21, 2023

Last sale price $95,000 $63 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $953/month

133 Days on Market

Highlights

  • Colonial Architecture
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of December 2023

Welcome to 3118 East Lafayette, a charming condo located in the heart of Detroit. This beautiful property offers 2 bedrooms and 1 bath, making it the perfect home for a small family or young professionals. With a spacious floor area of 1516 square feet, there is plenty of room to relax and entertain. The condo was built in 1969 and has been meticulously maintained, ensuring that it retains its original charm while offering modern conveniences. Don't miss the opportunity to make this your dream home!Living in the beautiful neighborhood of Detroit offers a plethora of benefits. Not only is this condo minutes away from Belle Isle and Downtown Detroit, but it is also situated in a walkable community. You'll love being able to stroll to nearby shops and restaurants, immersing yourself in the vibrant culture and bustling atmosphere of the city. With its brick finish, Colonial design, and inviting courtyard, this neighborhood exudes charm and character. Come and experience the best of Detroit living!Don't miss out on the opportunity to call 3118 East Lafayette home. Schedule a tour today and see for yourself the incredible features and amenities this condo has to offer. With its desirable location, central air conditioning, and proximity to notable landmarks, this property is sure to sell quickly. Don't wait – seize this chance to make your dream of owning a home in Detroit a reality!

Last Agent to Sell the Property

James Saunders

Keller Williams Advantage License #6501400709 Listed on: 07/21/2023

Keller Williams Advantage

Last Buyer's Agent

Al Griffin

20th Century Real Estate License #RCO-6501116121

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

Year Built

  • Built in 1969

Lot Details

  • 2,396

HOA Fees

  • $212 Monthly HOA Fees

Parking

  • 1 Parking Garage Space

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1,516 Sq Ft Home
  • 2-Story Property
  • Free-Standing Electric Oven
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number W13I000451S002

Community Details

Overview

  • Association Phone (313) 486-9600
  • Wayne County Planno 603P722 781 Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$620

Year Built

Built in 1969

Lot Details

0

HOA Fees

$212 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Colonial, Townhouse
  • Architecture Level: 2 Story
  • Warranty: Yes
  • Year Built: 1969
  • State Equalized Value: 24500.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dryer, Free-Standing Electric Oven, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 1516
  • Total Sq Ft: 1516
  • Sq Ft Total Bsmt: 758

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Road Frontage Type: Paved
  • Sideof Street: S

Garage/Parking

  • Garage Size: No Garage
  • Garage Features: 1 Assigned Space

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Trash, Water
  • Association Fee Frequency: Monthly
  • Phone: 313-486-9600/twarren@jsdeanpm.com
  • Association Fee: 212
  • Association Fee: Yes

Schools

  • School District: Detroit

Lot Info

  • Parcel Number: W13I000451S002

Tax Info

  • Tax Amount Summer: 553.0000
  • Tax Amount Winter: 67.0000
  • Total Tax: 620.0000
  • Taxable Value: 7090.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Dec 21, 2023
Sold by
Willis Sandra
Bought by
Rpp Investments Llc
Seller's Agent
James Saunders
Keller Williams Advantage
Buyer's Agent
Al Griffin
20th Century Real Estate
List Price
$130,000
Sold Price
$95,000
Premium/Discount to List
-$35,000
-26.92%
Views
118
Current Estimated Value
$113,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,266
Avg. Annual Appreciation
11.24%

Purchase Details

Closed on
Feb 6, 2008
Sold by
Williams Renauld
Bought by
Us Bank Na

Purchase Details

Closed on
Jul 24, 2006
Sold by
Maron Place Llc
Bought by
Williams Renauld

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
10.65%
Mortgage Type
Commercial
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
Rpp Investments Llc $95,000 None Listed On Document
Rpp Investments Llc $95,000 None Listed On Document
Us Bank Na $122,030 None Available
Williams Renauld -- Enterprise Title Solutions
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Renauld $114,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2023 12/21/23 Sold $95,000 -17.4% $63 / Sq Ft
11/17/2023 11/17/23 Price Changed $115,000 -8.0% $76 / Sq Ft
09/22/2023 09/22/23 Price Changed $125,000 -3.8% $82 / Sq Ft
07/21/2023 07/21/23 For Sale $130,000 -- $86 / 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 $1,476 $22,200 $0 $0
2024 $1,476 $19,600 $0 $0
2023 $306 $16,000 $0 $0
2022 $860 $24,500 $0 $0
2021 $599 $22,800 $0 $0
2020 $599 $20,500 $0 $0
2019 $588 $13,600 $0 $0
2018 $500 $9,400 $0 $0
2017 $121 $7,600 $0 $0
2016 $800 $14,600 $0 $0
2015 $630 $6,300 $0 $0
2013 -- $6,648 $0 $0
2010 -- $9,747 $6,000 $3,747
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230058171

Realcomp

APN: 13-000451-002