9 days on rocket

525 W Lafayette Blvd # 21D, Detroit, MI, 48226

$779,000

Home List Price

$9,251*

Closing Credit

2 Bedrooms
2 Full Baths, 1 Partial
2,333 SqFt
$334/SqFt
Condo

Location

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525 W Lafayette Blvd # 21D, Detroit$779,000

Buyer Closing Credits

$9,251*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Parking1 Assigned Space
Year Built1917
HeatingHeat Pump, Forced Air
CoolingCentral Air, Heat Pump
BasementYes
MLS #20240085105
StatusActive

About 525 W Lafayette Blvd # 21D

Indulge in luxurious living with this exceptional bi-level penthouse unit that faces South, offering breathtaking panoramic views of Detroit River and the city's skyline. Enjoy a vast rooftop terrace spanning almost 1,800 square feet, perfect for relaxation, entertaining guests, watching the famous Detroit fireworks, or admiring the tranquil barge traffic. Recently fully remodeled and improved, the first level of this unit boasts a spacious foyer, a kitchen with a dining area (staged as sitting space), a powder room, and a large living room. Moving up to the second level, you will find the master suite, featuring a panoramic window overlooking the rooftop, along with a lavish stone-tiled bathroom equipped with both a tub and shower. The guest bedroom, guest bathroom, and laundry room are also on this level, in addition to the door leading to the rooftop terrace. Envision yourself living in this extraordinary space, with all the amenities and style it offers!

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise, Historic
  • Year Built: 1917
  • Stories: 2
  • Living Area: 2,333 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices The Loft Warehouse
  • Office Phone: (313) 658-6400
  • Listing Agent: Jan Dijkers

Interior Features

Interior Information:

  • Appliances: Energy Star Dryer, Energy Star Washer, Electric Oven, Disposal, Energy Star Dishwasher, Energy Star Refrigerator, Electric Range, Refrigerator, Microwave, Stainless Steel Appliance(s), Washer/Dryer Stacked, Wine Cooler, Bar Fridge
  • Basement: Yes
  • Interior: Smoke Alarm, Elevator/Lift, Fire Sprinkler, Programmable Thermostat, Furnished - No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Lighting, Private Entry

Parking Information:

  • Parking: 1 Assigned Space

Lot Features

Lot Information:

  • Lot: Private, Views

Utilities

Utilities Information:

  • Heating: Heat Pump, Forced Air
  • Cooling: Central Air, Heat Pump

Other

Directions Information:

  • Directions: Condos are located above the Fort Shelby Hilton Double Tree

Price Information

Listing Price Info

Price Summary:

  • List Price: $779,000
  • Price Per SqFt: $334/SqFt

HOA Fees:

  • Amount: $956
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

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Detroit, MI

City

Med. Sold Price

$85K

Med. Price/SqFt

$73

Avg. Days On Market

45

# of Sold Homes

475

525 W Lafayette Blvd # 21D vs Detroit

9 DAYS ON ROCKET

-36 Days

$779,000

+$694K More

$334/SqFt

+$260 More

KEY TAKEAWAY

This property is $694K more than the Median Sold Price and $260/SqFt more 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: #20240085105

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices The Loft Warehouse
  • Office Phone: (313) 658-6400
  • Listing Agent: Jan Dijkers

IDXDisclaimer: 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.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 4:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,911

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,402

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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.

Nearby Schools

school-card-donut-365145
8
/10

  • Chrysler Elementary School

  • 1445 E Lafayette St

  • 1.16 miles

  • Public District Grades KG-5

school-card-donut-365146
3
/10

  • University Preparatory Science and Math Elementary School

  • 2251 Antietam Ave

  • 1.74 miles

  • Public Charter Grades KG-5

school-card-donut-365147
1
/10

  • Detroit Academy of Arts and Sciences

  • 2985 E Jefferson Ave

  • 1.94 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,917. Typical income of Detroit, MI residents is between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 525 W Lafayette Blvd # 21D

What is the listing price of this property?

The listing price of 525 W Lafayette Blvd # 21D property is $779,000.

What type of property is this?

The property 525 W Lafayette Blvd # 21D is a condo located in Detroit, Michigan, 48226.

Is this property for sale now?

Active Listing: 525 W Lafayette Blvd # 21D is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 525 W Lafayette Blvd # 21D has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 525 W Lafayette Blvd # 21D is 2,333 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 525 W Lafayette Blvd # 21D is 1917.

Rocket Homes›Michigan›Wayne County›Detroit›48226›525 W Lafayette Blvd # 21D

This home is located at 525 W Lafayette Blvd # 21D in Detroit, MI and zip code 48226 in the Central Business District neighborhood. This 2,333 square foot home was built in 1917. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $779,000.

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. Between September 2024 and October 2024, Detroit, MI real estate market has seen increase in the number of listings by 11.2%. While the average time on the market in October 2024 was 45 days, the median list price was $85,000.

From Rocket Homes Real Estate and based on county public records data.

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