Get ready to fall in love with this incredible unit that checks every box on your Wishlist! Nestled in a secure, gated community with 24-hour security, your monthly HOA covers a treasure trove of amenities, including basic cable, two luxurious heated swimming pools, a state-of-the-art fitness center, tennis courts, laundry facilities, and versatile conference and banquet rooms. Step inside to discover a stunningly renovated space that exudes modern elegance. With sleek laminate flooring, a chic kitchen boasting stainless steel appliances, and a stylishly remodeled bathroom, this unit is designed for both comfort and style
Property Details
Property Features
Property Information:
Architectural Style: Contemporary
Year Built: 1964
Stories: 2
Living Area: 51,413 SqFt
Listing Office:
Office Name: Daniels Realty Group LLC
Office Phone: (313) 213-4888
Listing Agent: Kenneth Daniels
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 1
Exterior Features
Parking Information:
Garage Space: 6 spaces
Attached Garage: No
Parking: Detached
Utilities
Utilities Information:
Heating: Natural Gas, Forced Air
Other
Directions Information:
Directions: West of St. Aubin, East of I 75
Price Information
Listing Price Info
Price Summary:
List Price: $99,500
Price Per SqFt: $2/SqFt
HOA Fees:
Amount: $950
Frequency: Monthly
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Detroit, MI.
This property is $14.5K more than the Median Sold Price and $72/SqFt less than other homes in Detroit, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20240078311
Listing Office:
Office Name: Daniels Realty Group LLC
Office Phone: (313) 213-4888
Listing Agent: Kenneth Daniels
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,514
Per Month
Principal & Interest
$497
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$950
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$365
Powered By
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Chrysler Elementary School
1445 E Lafayette St
Distance between this listing and this school0.12 miles
Public District Grades KG-5
3
/10
University Preparatory Science and Math Elementary School
2251 Antietam Ave
Distance between this listing and this school0.82 miles
Public Charter Grades KG-5
1
/10
Detroit Academy of Arts and Sciences
2985 E Jefferson Ave
Distance between this listing and this school0.87 miles
Public Charter Grades KG-5
Nearby Schools
1
/10
Bunche Preparatory Academy
2715 Macomb St
Distance between this listing and this school0.76 miles
Public District Grades PK-8
1
/10
Detroit Academy of Arts and Sciences Middle School
2985 E Jefferson Ave
Distance between this listing and this school0.88 miles
Public Charter Grades 6-8
5
/10
Detroit Edison Public School Academy
1903 Wilkins St
Distance between this listing and this school1.05 miles
Public Charter Grades PK-8
Nearby Schools
4
/10
Way Michigan
407 E Fort St Ste 201
Distance between this listing and this school0.47 miles
Public Charter Grades 6-12
3
/10
University Preparatory Science and Math (PSAD) High School
2664 Franklin St
Distance between this listing and this school0.73 miles
Public Charter Grades 9-12
3
/10
Martin Luther King Jr. Senior High School
3200 E Lafayette St
Distance between this listing and this school1.01 miles
The neighbors living near this home have an average income of $29,842. The majority of Detroit, MI residents have income less than $35k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1300 E Lafayette St Unit 502
What is the listing price of this property?
The listing price of 1300 E Lafayette St Unit 502 property is $99,500.
What type of property is this?
The property 1300 E Lafayette St Unit 502 is a condo located in Detroit, Michigan, 48207.
Is this property for sale now?
Active Listing: 1300 E Lafayette St Unit 502 is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 1300 E Lafayette St Unit 502 has 1 bedroom and 1 bathroom.
What is the square footage of this property?
The property 1300 E Lafayette St Unit 502 is 51,413 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1300 E Lafayette St Unit 502 is 1964.
This home is located at 1300 E Lafayette St Unit 502 in Detroit, MI and zip code 48207 in the Downtown neighborhood. This 51,413 square foot home was built in 1964. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $99,500.
While more than 125 listings in Detroit, MI in October 2024 were sold above asking price, there were more than 93 listings sold at asking price, and more than 257 were sold below. The number of listings in Detroit, MI increased by 11.2% between September 2024 and October 2024. In October 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $85,000.
From Rocket Homes Real Estate and based on county public records data.