4 months on rocket

525 W Lafayette Blvd Unit 14D, Detroit, MI, 48226

$465,000

Home List Price

$5,522*

Closing Credit

2 Bedrooms
2 Full Baths
1,443 SqFt
$322/SqFt
Condo

Location

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525 W Lafayette Blvd Unit 14D, Detroit$465,000

Buyer Closing Credits

$5,522*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned1Space, ParkingLot, NoGarage
Year Built1918
HeatingElectric, Forced Air
CoolingCentral Air
BasementYes
MLS #20240058776
StatusActive

About 525 W Lafayette Blvd Unit 14D

Gorgeous, rare southwest corner unit, the only one in the building with a brand new, upgraded finish package, is now available, and move-in ready. It features spectacular views of the Detroit River and the Ambassador Bridge. Within the home there are quartz countertops, hardwood floors, stainless-steel appliances, stone-tiled bathrooms with granite counters. The home offers comfort, elegance, and all the conveniences you expect. One of fifty-six residences in a historic tower designed by Albert Kahn in 1927, this is a rare unit, with this corner floorplan looking into the Detroit River on both sides. Amenities include on site restaurant, bar, coffee shop serving Starbucks coffee, 24/7 fitness center, private residential lobby & concierge and gated parking.

Property Details

Property Features

Property Information:

  • Architectural Style: HighRise, Loft
  • Year Built: 1918
  • Living Area: 1,443 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Electric Oven, Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Microwave, Washer
  • Basement: Yes
  • Interior: ProgrammableThermostat

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Lighting, PrivateEntrance

Parking Information:

  • Attached Garage: No
  • Parking: Assigned1Space, ParkingLot, NoGarage

Utilities

Utilities Information:

  • Heating: Electric, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: On the corner of Lafayette & 2nd, next to the doubletree hotel.

Price Information

Listing Price Info

Price Summary:

  • List Price: $465,000
  • Price Per SqFt: $322/SqFt

HOA Fees:

  • Amount: $717
  • 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 14D vs Detroit

129 DAYS ON ROCKET

+80 Days

$465,000

+$379.9K More

$322/SqFt

+$254 More

KEY TAKEAWAY

This property is $379.9K more than the Median Sold Price and $254/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: #20240058776

Listing Office:

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

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

$3,105

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,461

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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-877129
8
/10

  • Chrysler Elementary School

  • 1445 E Lafayette St

  • 1.16 miles

  • Public District Grades KG-5

school-card-donut-877130
3
/10

  • University Preparatory Science and Math Elementary School

  • 2251 Antietam Ave

  • 1.74 miles

  • Public Charter Grades KG-5

school-card-donut-877131
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. Most 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 14D

What is the listing price of this property?

The listing price of 525 W Lafayette Blvd Unit 14D property is $465,000.

What type of property is this?

The property 525 W Lafayette Blvd Unit 14D is a condo located in Detroit, Michigan, 48226.

Is this property for sale now?

Active Listing: 525 W Lafayette Blvd Unit 14D 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 14D has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 525 W Lafayette Blvd Unit 14D is 1,443 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 525 W Lafayette Blvd Unit 14D is 1918.

Rocket Homes›Michigan›Wayne County›Detroit›48226›525 W Lafayette Blvd Unit 14D

This home is located at 525 W Lafayette Blvd Unit 14D in Detroit, MI and zip code 48226 in the Central Business District neighborhood. This 1,443 square foot home was built in 1918. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 14, 2024 and is currently priced at $465,000.

While more than 94 listings in Detroit, MI in November 2024 were sold above asking price, there were more than 55 listings sold at asking price, and more than 247 were sold below. In November 2024 in Detroit, MI there were 2% more homes for sale than in October 2024. Listings spent 49 days on the market in November 2024, and had a median list price of $85,016 during the same period.

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

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