NOT LISTED FOR SALE

8162 E Jefferson Ave Unit 15B Detroit, MI 48214

Gold Coast Neighborhood

Estimated Value: $290,000 - $686,239

2 Beds
2 Baths
2,230 Sq Ft
$2,425/mo HOA Fee

Last Sold July 29, 2019

Last sale price $350,000 $157 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,943/month

Highlights

  • 100 Feet of Waterfront
  • Deck
  • Bar Fridge
  • Cass Technical High School Rated 10
  • 1 Car Direct Access Garage
  • Wet Bar

About This Home

As of July 2019

Detroit Towers Historic District, built in 1925 | Unit 15B | 2 bedrooms | 2 bath | 2400sf. Riverfront living at its best with breathtaking views of the Detroit River, Canada and the Detroit Skyline. Originally designed as a 3 bedroom by prominent Chicago architect Walter W. Ahlschlager, this renovated and lovingly restored two-bedroom condo has marble foyer, natural finished hardwood floors and original brass fixtures throughout keep the look classic and timeless. Newly renovated kitchen with Subzero refrigerator, Russell range, marble countertops and in-unit laundry. This residence is even more spectacular in person. This unit is noted in the final report for Detroit Towers historic designation as once home to Gustavus Debrill Pope from1925-35 during which time he served as president of the Digestive Ferments Company of Chicago and Detroit. Detroit Towers Historic District has 24hr door, elevator and valet service. Parking, water and heat included, live in a landmark! $349,000.00

Last Agent to Sell the Property

Jason Hill

Historic Realty Detroit License #6504385978 Listed on: 07/29/2019

Co-Listed By

Abeera Joz

3Sixty5 Realty License #6501419684

Last Buyer's Agent

Jason Hill

Historic Realty Detroit License #6504385978 Listed on: 07/29/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1925 | Remodeled in 2010

Lot Details

  • 100 Feet of Waterfront
  • River Front
  • Property fronts a private road
  • Private Entrance
  • Gated Home
  • Historic Home

HOA Fees

  • $2,425 Monthly HOA Fees

Parking

  • 1 Parking Garage Space

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Rubber Roof

Interior Spaces

  • 2,230 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Bar Fridge
  • Living Room with Fireplace
  • Washer

Kitchen

  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number W17I000012S029

Community Details

Overview

  • Detroit Towers Historic District Association
  • On-Site Maintenance

Pet Policy

  • Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,900

Year Built

Built in 1925 | Remodeled in 2010

Lot Details

0

HOA Fees

$2,425 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Historic
  • Architecture Level: 1 Story
  • Year Built: 1925
  • Year Renovated: 2010
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 11
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Appliances: Bar Fridge, Dishwasher, Disposal, Freezer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 2230
  • Total Sq Ft: 2230

Exterior Features

  • Roof Material: Rubber
  • Waterfront Name: Detroit River
  • Waterfront: Yes
  • Foundation Details: Slab
  • Construction Materials: Brick
  • Exterior Features: Gate House, Grounds Maintenance, Lighting, Private Entry, Security Patrol
  • Foundation Materials: Poured
  • Porch Type: Deck, Patio
  • Road Frontage Type: Private
  • Water Frontage Feet: 100.00
  • Waterfront Description: River Front

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: 1 Assigned Space, Attached, Direct Access
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Window Unit(s)
  • Heating: Hot Water
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Phone: detroittowers@att.net
  • Association Fee: 2425
  • Association Contact: Detroit Towers Historic District
  • Association Fee: Yes

Schools

  • School District: Detroit

Lot Info

  • Homestead: Yes
  • Parcel Number: W17I000012S029

Tax Info

  • Tax Amount Summer: 3500.0000
  • Tax Amount Winter: 400.0000
  • Total Tax: 3900.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2019
Closed on
Jul 29, 2019
Sold by
Allen Charles Edward
Bought by
Howell Melvin
Seller's Agent
Jason Hill
Historic Realty Detroit
Buyer's Agent
Jason Hill
Historic Realty Detroit
List Price
$349,000
Sold Price
$350,000
Premium/Discount to List
$1,000
0.29%
Current Estimated Value
$468,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,810
Avg. Annual Appreciation
4.83%
Original Mortgage
$305,000
Outstanding Balance
$266,682
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$202,128
Source: Public Records

Range of Values:

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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
Howell Melvin $350,000 Liberty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howell Melvin $305,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2019 07/29/19 Sold $350,000 +0.3% $157 / Sq Ft
07/29/2019 07/29/19 Pending -- -- --
07/29/2019 07/29/19 For Sale $349,000 -- $157 / 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 $281 $4,800 $0 $0
2024 $281 $4,800 $0 $0
2023 $287 $4,800 $0 $0
2022 $337 $4,800 $0 $0
2021 $207 $4,800 $0 $0
2020 $3,971 $107,100 $0 $0
2019 $4,473 $95,300 $0 $0
2018 $3,653 $77,800 $0 $0
2017 $1,154 $77,900 $0 $0
2016 $4,369 $60,300 $0 $0
2015 $6,030 $60,300 $0 $0
2013 $6,351 $63,507 $0 $0
2010 -- $93,109 $21,061 $72,048
Source: Public Records

Agents Affiliated with this Home

  • Jason Hill

    Seller's Agent in 2019

    Jason Hill

    Historic Realty Detroit

    (313) 220-4820

    3 in this area

    115 Total Sales

    Jason Hill
    Section Image
  • Abeera Joz

    Seller Co-Listing Agent in 2019

    Abeera Joz

    3Sixty5 Realty

    (313) 265-9937

    43 Total Sales

    Abeera Joz
    Section Image
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Map

Source: Realcomp

MLS Number: 219075556

Realcomp

APN: 17-000012-029

Michigan Wayne County Detroit 48214 Gold Coast

8162 E Jefferson Ave Unit 15B, Detroit, MI

This home is located at 8162 E Jefferson Ave Unit 15B, Detroit, MI 48214 since 29 July 2019 and is currently estimated at $468,810, approximately $210 per square foot. This property was built in 1925. 8162 E Jefferson Ave Unit 15B is a home located in Wayne County with nearby schools including Nichols Elementary-Middle School, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

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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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