NOT LISTED FOR SALE

500 E Ferry St Detroit, MI 48202

Cultural Center Neighborhood

Estimated Value: $202,000 - $551,000

2 Beds
2 Baths
1,726 Sq Ft
$246/Sq Ft Est. Value

Last Sold May 12, 2021

Last sale price $440,000 $255 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,475/month

7 Days on Market

Highlights

  • Ground Level Unit
  • Stainless Steel Appliances
  • Programmable Thermostat
  • Cass Technical High School Rated 10
  • 1 Car Direct Access Garage
  • 2-minute walk to Peck Park

About This Home

As of May 2021

Welcome home to a true architectural masterpiece in the heart of Detroit's Cultural Arts Center. This three story two bedroom townhome boasts 1726 sq ft with plenty of natural light, tall and plentiful living space windows, and open concept living/dining on the second floor. This unit features a newly renovated bath, office space, and gorgeous kitchen with stainless steel appliances accompanied by granite countertops. The third floor Master suite features vaulted ceilings, walk-in closet, and full bath. One car attached garage with private entry.

Last Agent to Sell the Property

Kevin Hill

@properties Christie's Int'l RE Northville License #6501386910 Listed on: 04/08/2021

@properties Christie's Int'l RE Northville

Last Buyer's Agent

Pamela LeBlanc

Coldwell Banker Professionals-GPF License #6501433137

Coldwell Banker Professionals-GPF

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2007

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Stone Siding

Interior Spaces

  • 1,726 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number W03I001566S004

Community Details

Overview

  • Wayne County Condo Plan No 921 Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 2007

Lot Details

0 Sq Ft Lot

HOA Fees

$250 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Townhouse
  • Architecture Level: 3 Story
  • Year Built: 2007
  • State Equalized Value: 180300.0000
  • Entry Location: Ground Level
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Interior Amenities: Programmable Thermostat
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Washer
  • Total Sq Ft: 1726

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Brick, Stone
  • Exclusions: Yes
  • Foundation Materials: Poured
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fee: 250
  • Association Fee: Yes

Lot Info

  • Homestead: Yes
  • Parcel Number: W03I001566S004

Tax Info

  • Tax Amount Summer: 9861.0000
  • Tax Amount Winter: 1500.0000
  • Total Tax: 11361.0000
  • Taxable Value: 158148.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
May 12, 2021
Sold by
Perigord Verne
Bought by
Powers Lori and Powers John
Seller's Agent
Kevin Hill
@properties Christie's Int'l RE Northville
Buyer's Agent
Pamela LeBlanc
Coldwell Banker Professionals-GPF
List Price
$429,000
Sold Price
$440,000
Premium/Discount to List
$11,000
2.56%
Current Estimated Value
$424,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,553
Avg. Annual Appreciation
-0.74%
Original Mortgage
$240,000
Outstanding Balance
$199,813
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$224,634

Purchase Details

Closed on
Sep 16, 2016
Sold by
Willis Brittney M
Bought by
Perigord Verne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,750
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2011
Sold by
Centurion Place On Ferry Street Llc
Bought by
Willis Brittney M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

Purchase History

Date Buyer Sale Price Title Company
Powers Lori $440,000 Ata National Title Group Llc
Perigord Verne $305,000 First American Title
Willis Brittney M $126,970 Greco Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powers Lori $240,000
Previous Owner Perigord Verne $289,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2021 05/12/21 Sold $440,000 +2.6% $255 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $429,000 -- $249 / Sq Ft
Source: Realcomp

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 $12,186 $186,800 $0 $0
2024 $12,086 $161,800 $0 $0
2023 $11,763 $152,800 $0 $0
2022 $15,424 $173,700 $0 $0
2021 $11,510 $188,900 $0 $0
2020 $11,360 $180,300 $0 $0
2019 $11,153 $155,200 $0 $0
2018 $9,409 $159,600 $0 $0
2017 $2,897 $152,700 $0 $0
2016 $2,526 $188,700 $0 $0
2015 $2,570 $25,700 $0 $0
2013 $2,701 $27,012 $0 $0
2010 -- $39,604 $1,480 $38,124
Source: Public Records

Agents Affiliated with this Home

  • Kevin Hill

    Seller's Agent in 2021

    Kevin Hill

    @properties Christie's Int'l RE Northville

    (248) 722-4530

    4 in this area

    118 Total Sales

    Kevin Hill
    Section Image
  • Pamela LeBlanc

    Buyer's Agent in 2021

    Pamela LeBlanc

    Coldwell Banker Professionals-GPF

    (240) 498-5573

    2 in this area

    120 Total Sales

    Pamela LeBlanc
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2210019689

Realcomp

APN: 03-001566-004

Michigan Wayne County Detroit 48202 Cultural Center

500 E Ferry St, Detroit, MI

Not Listed for Sale

Townhouses

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 2026 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
Your Personal Tour Guide

Ask me questions while you tour the home.