NOT LISTED FOR SALE

Estimated Value: $111,007 - $299,000

1 Bed
1 Bath
851 Sq Ft
1906 Built

Last Sold August 14, 2019

Last sale price $175,000 $206 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,054/month

19 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • 1 Car Detached Garage
  • Cass Technical High School Rated 10
  • Corner Lot
  • Lobby

About This Home

As of August 2019

Lovely and light-filled, an authentic loft steps from Belle Isle, just a ten minute drive to downtown Detroit. The historical building that is now the Lofts at Rivertown was built in 1910 to be a pharmaceutical warehouse, with an addition designed by Albert Kahn. This condo features gorgeous concrete floors, exposed brick, and exposed wood ceilings. East-facing with tons of natural light. Open-concept living area features a large living space, dining area, and spacious kitchen with Shaker cabinets and granite counter-tops. One parking spot in gated lot included. Building offers extensive amenities, including 24/7 security, on-site property management, outdoor pool and hot tub, gym, community room, and dog park. Close to downtown, Midtown, and West Village. A great value for a true loft in Detroit. LOW NEZ TAXES THROUGH 2025.

Last Agent to Sell the Property

Lucy Abernethy

Berkshire Hathaway HomeServices The Loft Warehouse License #6501404957 Listed on: 06/26/2019

Berkshire Hathaway HomeServices The Loft Warehouse

Last Buyer's Agent

Linda Leporowski

Keller Williams Advantage License #6501305996

Keller Williams Advantage

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1906 | Remodeled in 2019

Lot Details

  • Gated Home
  • Historic Home

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 851 Sq Ft Home
  • 1-Story Property
  • Awning

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Carport
  • 1 Parking Garage Space

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number W23I002003S289
  • $750 Seller Concession

Community Details

Overview

  • Property has a Home Owners Association
  • Habitat / Steven Sylvester Association, Phone Number (313) 259-0011
  • Lofts At Rivertown Wccp No 673 Subdivision
  • On-Site Maintenance

Recreation

Pet Policy

  • Pets Allowed

Additional Features

  • Lobby
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$823

Year Built

Built in 1906 | Remodeled in 2019

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Condominium
  • Architecture Style: Common Entry Building, Historic, Loft
  • Architecture Level: 1 Story
  • Year Built: 1906
  • Year Renovated: 2019
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Elevator/Lift
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Common, Partially Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Total Sq Ft: 851

Exterior Features

  • Roof Material: Asphalt
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Exterior Features: Awning/Overhang(s), Gate House, Grounds Maintenance, Lighting, Pool – Community, Pool - Inground
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: 1 Assigned Space, Carport, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Heat Pump
  • Cooling: Central Air
  • Heating: Heat Pump
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Heat Pump
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Phone: 313 259 0011/ ssylvester@habitat.com
  • Association Contact: Habitat / Steven Sylvester
  • Association Fee: Yes

Lot Info

  • Homestead: Yes
  • Lot Features: Corner Lot, Gated Community
  • Parcel Number: W23I002003S289

Tax Info

  • Tax Amount Summer: 756.0000
  • Tax Amount Winter: 67.0000
  • Total Tax: 823.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2019
Closed on
Aug 14, 2019
Sold by
Ouellet John and French Marilyn
Bought by
Meguire Andrew
Seller's Agent
Lucy Abernethy
Berkshire Hathaway HomeServices The Loft Warehouse
Buyer's Agent
Linda Leporowski
Keller Williams Advantage
List Price
$180,000
Sold Price
$175,000
Premium/Discount to List
-$5,000
-2.78%
Current Estimated Value
$198,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,752
Avg. Annual Appreciation
1.95%

Purchase Details

Listed on
Feb 28, 2014
Closed on
Apr 4, 2014
Sold by
Loasching Amy
Bought by
Ouellet John and French Marilyn
Seller's Agent
Sabra Sanzotta
Berkshire Hathaway HomeServices The Loft Warehouse
Buyer's Agent
Sabra Sanzotta
Berkshire Hathaway HomeServices The Loft Warehouse
List Price
$75,000
Sold Price
$72,500
Premium/Discount to List
-$2,500
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.87%

Purchase Details

Listed on
Dec 5, 2011
Closed on
Jan 9, 2012
Sold by
Oserin Isaac
Bought by
Loasching Amy
Seller's Agent
Julie Wilson
Temporary Inactive Users
Buyer's Agent
Elizabeth Tintinalli
@properties Christie's Int'l R.E. Detroit
List Price
$33,900
Sold Price
$36,000
Premium/Discount to List
$2,100
6.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.88%

Purchase Details

Closed on
Dec 10, 2010
Sold by
Stearns Building Llc
Bought by
Oserin Isaac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Meguire Andrew $175,000 Title One Inc
Ouellet John $72,500 First American Title Ins Co
Loasching Amy $36,000 Capital Title Ins Agency
Oserin Isaac $23,000 Title Connect Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/14/2019 08/14/19 Sold $175,000 -2.8% $206 / Sq Ft
07/15/2019 07/15/19 Pending -- -- --
06/26/2019 06/26/19 For Sale $180,000 +148.3% $212 / Sq Ft
04/04/2014 04/04/14 Sold $72,500 -3.3% $85 / Sq Ft View Prior Sale
02/28/2014 02/28/14 Pending -- -- --
02/28/2014 02/28/14 For Sale $75,000 +108.3% $88 / Sq Ft
01/10/2012 01/10/12 Sold $36,000 +6.2% $40 / Sq Ft View Prior Sale
12/20/2011 12/20/11 Pending -- -- --
12/05/2011 12/05/11 For Sale $33,900 -- $38 / 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 $222 $4,000 $0 $0
2024 $234 $4,000 $0 $0
2023 $239 $4,000 $0 $0
2022 $281 $4,000 $0 $0
2021 $281 $4,000 $0 $0
2020 $354 $4,000 $0 $0
2019 $101 $3,300 $0 $0
2018 $82 $1,400 $0 $0
2017 $26 $1,400 $0 $0
2016 $453 $42,500 $0 $0
2015 $640 $6,400 $0 $0
2013 $638 $6,383 $0 $0
2010 -- $49,860 $6,382 $43,478
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219062515

Realcomp

APN: 15-000037-044

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