$410,000
$5K PRICE DROP

Fort Shelby Residences 525 W Lafayette Blvd Unit 14A Detroit, MI 48226

Downtown Detroit Neighborhood

Estimated payment $3,089/month

Total Views 6,514
2 Beds
2 Baths
1,400 Sq Ft
$293 Price per Sq Ft

Highlights

  • Ground Level Unit
  • 1-minute walk to Fort/Cass
  • 1-Story Property
  • Cass Technical High School Rated 10
  • Lobby
  • Forced Air Heating and Cooling System

About This Home

NO ROCKET MORTGAGE- BACK ON MARKET DUE TO BUYER FINANCING FAILURE
Your opportunity to own one of only fifty-six residences in a historic tower designed by Albert Kahn in 1927. Amenities include an on site restaurant, separate bar and lounge area, coffee shop serving snacks and other items, 24/7 fitness center, private residential lobby & concierge and gated parking. Very low NEZ property taxes available to investors and owner-occupants alike until 2033. This is YOUR chance to get in whilst you can at this price point in prime Detroit real estate for this size and location.

Listing Agent

Nusrat Moghul

Arterra Luxe Collection LLC License #6502431162 Listed on: 05/10/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1918 | Remodeled in 2020

HOA Fees

  • $663 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Furnished or left unfurnished upon request
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Garage Spaces
  • Parking Lot

Utilities

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

Additional Features

  • Historic Home
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number W04I000118S028

Community Details

Overview

  • Laura Bianchi, Js Dean Property Management Association, Phone Number (313) 327-5590
  • High-Rise Condominium
  • Wayne County Condo Plan No 945 Subdivision

Amenities

Pet Policy

  • Dogs Allowed
  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,801

Year Built

Built in 1918 | Remodeled in 2020

Lot Details

0

HOA Fees

$663 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Common Entry Building, High Rise, Historic
  • Architecture Level: 1 Story
  • Assessment: 250.00
  • Year Built: 1918
  • State Equalized Value: 22500.0000
  • Year Renovated: 2020
  • Entry Location: Ground Level
  • Pets Allowed: Breed Restrictions, Dogs OK
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Furnished - Negotiable
  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Interior Entry, Unfinished, Common
  • Sq Ft Combined: 1400
  • Total Sq Ft: 1400

Exterior Features

  • Foundation Details: Slab, Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage
  • Garage Features: 2+ Assigned Spaces, Parking Lot

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Water at Street

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Phone: LAURAB@JSDEANPM.COM. 313-327-5590
  • Association Fee: 663
  • Association Contact: LAURA BIANCHI, JS DEAN PROPERTY MANAGEMENT
  • Association Fee: Yes

Schools

  • School District: Detroit

Lot Info

  • Homestead: Yes
  • Parcel Number: W04I000118S028

Tax Info

  • Tax Amount Summer: 1589.0000
  • Tax Amount Winter: 212.0000
  • Total Tax: 1801.0000
  • Taxable Value: 22500.0000

MLS Schools

  • School District: Detroit

Map

About Fort Shelby Residences

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
2024 $1,123 $194,600 $0 $0
2023 $1,146 $208,000 $0 $0
2022 $1,908 $219,500 $0 $0
2021 $1,906 $185,400 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 Price Changed $410,000 -1.2% $293 / Sq Ft
06/22/2025 06/22/25 Price Changed $414,999 0.0% $296 / Sq Ft
06/13/2025 06/13/25 For Sale $415,000 0.0% $296 / Sq Ft
05/20/2025 05/20/25 Pending -- -- --
05/10/2025 05/10/25 For Sale $415,000 +1.8% $296 / Sq Ft
03/15/2022 03/15/22 Sold $407,500 -1.8% $290 / Sq Ft
02/11/2022 02/11/22 Pending -- -- --
02/03/2022 02/03/22 Price Changed $415,000 +1.2% $295 / Sq Ft
12/06/2021 12/06/21 For Sale $410,000 0.0% $292 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $410,000 -- $292 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Land Title
Source: Public Records

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See All Homes in Detroit

Source: Realcomp

MLS Number: 20250031010

Realcomp

APN: 23-002018-120

Michigan Wayne County Detroit 48226 Downtown Detroit

525 W Lafayette Blvd Unit 14A, Detroit, MI

This home is located at 525 W Lafayette Blvd Unit 14A, Detroit, MI 48226 and is currently priced at $410,000, approximately $292 per square foot. This property was built in 1918. 525 W Lafayette Blvd Unit 14A is a home located in Wayne County with nearby schools including Burton International Academy, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

Nearby Homes
Nusrat Moghul
Listing Agent
Nusrat Moghul
Section Image
Arterra Luxe Collection LLC
(248) 931-4212