NOT LISTED FOR SALE

514 E Ferry St Detroit, MI 48202

Cultural Center Neighborhood

Estimated Value: $320,820 - $620,000

2 Beds
2.5 Baths
1,860 Sq Ft
$245/Sq Ft Est. Value

Last Sold September 19, 2017

Last sale price $430,000 $231 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,721/month

36 Days on Market

Highlights

  • Deck
  • 2 Car Direct Access Garage
  • Forced Air Heating and Cooling System
  • Cass Technical High School Rated 10
  • Disabled Access
  • 3-minute walk to Peck Park

About This Home

As of September 2017

Centurion Place! Gorgeous 2 bedroom, 2.5 bath townhome in the Art Center District. This custom designed unit features elegant mahogany stained hardwood floors, crown molding, Pewabic tiled fireplace, travertine stone surfaces, wrought iron and custom wood staircase. 1st floor bonus room that is currently used as a home office. Well appointed kitchen with stainless appliances and adjacent deck! Bathroom features Waterworks and Toto plumbing fixtures. Private in-unit elevator! NEZ taxes until 12/30/2026. 24 hour notice to show, please

Last Agent to Sell the Property

Lauren Bruyninga

O'Connor Realty Detroit, LLC License #6502432117 Listed on: 07/31/2017

Co-Listed By

Ryan Cooley

O'Connor Realty Detroit, LLC License #6501329357

Last Buyer's Agent

Gordon Hawkins

Hawkins Realty Group, Inc License #RCO-6502355037

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

Year Built

  • Built in 2007

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Asphalt Roof

Interior Spaces

  • 1,860 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Disabled Access
  • Deck
  • Private Entrance

Community Details

  • Wayne County Condo Plan No 921 Subdivision
  • On-Site Maintenance

Listing and Financial Details

  • Assessor Parcel Number W23I002005S1470

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,453

Year Built

Built in 2007

Lot Details

0 Sq Ft Lot

HOA Fees

$300 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Townhouse
  • Architecture Level: 3 Story
  • Year Built: 2007
  • Accessibility Features: Disabled Access
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Living Room
  • Total Bedrooms: 2
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Total Sq Ft: 1860

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Pillar/Post/Pier
  • Construction Materials: Brick, Wood
  • Exterior Features: Grounds Maintenance, Private Entry
  • Porch Type: Deck
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access, Door Opener
  • 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: 300
  • Association Fee: Yes

Lot Info

  • Homestead: Yes
  • Parcel Number: W23I002005S1470

Tax Info

  • Tax Amount Summer: 2223.0000
  • Tax Amount Winter: 230.0000
  • Total Tax: 2453.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2015
Closed on
May 29, 2015
Sold by
Panapitiya Narendra C and Panapitiya Don U
Bought by
Lee Michael and Lee Katie S
Seller's Agent
Sabra Sanzotta
Berkshire Hathaway HomeServices The Loft Warehouse
Buyer's Agent
Sabra Sanzotta
Berkshire Hathaway HomeServices The Loft Warehouse
List Price
$329,800
Sold Price
$320,000
Premium/Discount to List
-$9,800
-2.97%
Current Estimated Value
$455,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,205
Avg. Annual Appreciation
3.31%

Purchase Details

Closed on
Jul 1, 2011
Sold by
Centurion Place On Ferry Street Llc
Bought by
Panapitiya Narendra C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,557
Interest Rate
4.63%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lee Michael $320,000 First American Title Ins Co
Panapitiya Narendra C $182,150 Greco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Panapitiya Narendra C $151,557
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2017 09/19/17 Sold $430,000 0.0% $231 / Sq Ft
09/05/2017 09/05/17 Pending -- -- --
08/08/2017 08/08/17 Off Market $430,000 -- --
08/03/2017 08/03/17 For Sale $449,000 0.0% $241 / Sq Ft
07/31/2017 07/31/17 For Sale $449,000 +40.3% $241 / Sq Ft
05/29/2015 05/29/15 Sold $320,000 -3.0% $160 / Sq Ft View Prior Sale
04/29/2015 04/29/15 Pending -- -- --
03/20/2015 03/20/15 For Sale $329,800 -- $165 / 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 $634 $11,800 $0 $0
2024 $649 $11,800 $0 $0
2023 $631 $11,800 $0 $0
2022 $706 $11,800 $0 $0
2021 $684 $11,800 $0 $0
2020 $915 $11,800 $0 $0
2019 $662 $11,000 $0 $0
2018 $159 $9,200 $0 $0
2017 $38 $9,200 $0 $0
2016 $382 $222,200 $0 $0
2015 $199 $2,000 $0 $0
2013 $196 $1,955 $0 $0
2010 -- $65,002 $1,955 $63,047
Source: Public Records

Agents Affiliated with this Home

  • Lauren Bruyninga

    Seller's Agent in 2017

    Lauren Bruyninga

    O'Connor Realty Detroit, LLC

    (313) 475-1095

    1 in this area

    66 Total Sales

    Lauren Bruyninga
    Section Image
  • Ryan Cooley

    Seller Co-Listing Agent in 2017

    Ryan Cooley

    O'Connor Realty Detroit, LLC

    (313) 258-1046

    1 in this area

    111 Total Sales

    Ryan Cooley
    Section Image
  • Gordon Hawkins

    Buyer's Agent in 2017

    Gordon Hawkins

    Hawkins Realty Group, Inc

    (313) 289-9776

    33 Total Sales

    Gordon Hawkins
    Section Image
  • Sabra Sanzotta

    Seller's Agent in 2015

    Sabra Sanzotta

    Berkshire Hathaway HomeServices The Loft Warehouse

    (313) 658-6400

    1 in this area

    21 Total Sales

    Sabra Sanzotta
    Section Image
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Map

Source: Realcomp

MLS Number: 217064653

Realcomp

APN: 03-001566-001

Michigan Wayne County Detroit 48202 Cultural Center

514 E Ferry St, Detroit, MI

Not Listed for Sale

Townhouses

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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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