10 months on rocket

525 W Lafayette Blvd Unit 11B, Detroit, MI, 48226

$535,000

Home List Price

$6,353*

Closing Credit

3 Bedrooms
2 Full Baths
1,726 SqFt
$310/SqFt
Condo

Location

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525 W Lafayette Blvd Unit 11B, Detroit$535,000

Buyer Closing Credits

$6,353*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned1Space, NoGarage
Year Built1918
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
MLS #20240005712
StatusActive

About 525 W Lafayette Blvd Unit 11B

WOW! 3 BEDROOM-2 BATH CONDO WITH ESTIMATE (1,848 SQ. FT. BY APPRAISER) OF LIVING SPACE IN THE HEART OF DOWNTOWN DETROIT- HISTORIC TOWER DESIGNED BY ARCHITECT ALBERT KAHN-BREATHTAKING VIEW OF THE DETROIT RIVER & DOWNTOWN SKYLINE. SPACIOUS BEDROOMS WITH VIEW OF THE DETROIT RIVER. PRIMARY SUITE INCLUDES A LARGE WALK-IN CLOSET & DRESSING AREA. UNIT HAS MODERN TOUCH OF QUARTZ, WOOD & STEEL. GREAT FLOOR PLAN. UNIT HAS ASSIGNED PARKING SPACE IN BUILDING SECURED GATED LOT. NEZ TAX BENEFIT UNTIL 2033 (avail. all types of ownership) AMENITIES INCLUDE ON-SITE RESTAURANT, BAR, 24/7 FITNESS CENTER, PRIVATE RESIDENTIAL LOBBY & CONCIERGE PLUS FABULOUS DOWNTOWN DETROIT DINING, SHOPPING, ENTERTAINMENT, ATTRACTIONS, EXPRESSWAYS. FANTASTIC CONDO BRING OFFER TODAY! MUST SEE!

Property Details

Property Features

Property Information:

  • Architectural Style: CommonEntryBuilding, Historic, HighRise
  • Year Built: 1918
  • Living Area: 1,726 SqFt

Listing Office:

  • Office Name: Real Estate One-W Blmfld
  • Office Phone: (248) 851-4100
  • Listing Agent: Sharon A Spindler

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Oven, Refrigerator, Ice Maker, Microwave, Self Cleaning Oven, Washer/Dryer Stacked
  • Basement: Yes
  • Interior: Elevator

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: GroundsMaintenance, Lighting

Parking Information:

  • Attached Garage: No
  • Parking: Assigned1Space, NoGarage

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: CONDOS ARE LOCATED ABOVE THE FORT SHELBY HILTON DOUBLE TREE

Price Information

Listing Price Info

Price Summary:

  • List Price: $535,000
  • Price Per SqFt: $310/SqFt

HOA Fees:

  • Amount: $766
  • 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

$67

Avg. Days On Market

49

# of Sold Homes

396

525 W Lafayette Blvd Unit 11B vs Detroit

325 DAYS ON ROCKET

+276 Days

$535,000

+$449.9K More

$310/SqFt

+$242 More

KEY TAKEAWAY

This property is $449.9K more than the Median Sold Price and $242/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: #20240005712

Listing Office:

  • Office Name: Real Estate One-W Blmfld
  • Office Phone: (248) 851-4100
  • Listing Agent: Sharon A Spindler

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: 12/22/2024, 4:21:02 AM 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

$3,504

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,670

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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-872612
8
/10

  • Chrysler Elementary School

  • 1445 E Lafayette St

  • 1.16 miles

  • Public District Grades KG-5

school-card-donut-872613
3
/10

  • University Preparatory Science and Math Elementary School

  • 2251 Antietam Ave

  • 1.74 miles

  • Public Charter Grades KG-5

school-card-donut-872614
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. Residents of Detroit, MI typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 525 W Lafayette Blvd Unit 11B

What is the listing price of this property?

The listing price of 525 W Lafayette Blvd Unit 11B property is $535,000.

What type of property is this?

The property 525 W Lafayette Blvd Unit 11B is a condo located in Detroit, Michigan, 48226.

Is this property for sale now?

Active Listing: 525 W Lafayette Blvd Unit 11B 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 Unit 11B has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 525 W Lafayette Blvd Unit 11B is 1,726 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 525 W Lafayette Blvd Unit 11B is 1918.

Rocket Homes›Michigan›Wayne County›Detroit›48226›525 W Lafayette Blvd Unit 11B

This home is located at 525 W Lafayette Blvd Unit 11B in Detroit, MI and zip code 48226 in the Central Business District neighborhood. This 1,726 square foot home was built in 1918. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 31, 2024 and is currently priced at $535,000.

In November 2024 more than 94 listings in Detroit, MI were sold above the asking price. During the same period more than 55 listings were sold at asking price, while more than 247 were sold below. In November 2024 in Detroit, MI there were 2% more homes for sale than in October 2024. While the average time on the market in November 2024 was 49 days, the median list price was $85,016.

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

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