2 months on rocket

7243 Kercheval St, Detroit, MI, 48214

$354,900

Home List Price

$4,214*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,594 SqFt
$223/SqFt
Condo

Location

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7243 Kercheval St, Detroit$354,900

Buyer Closing Credits

$4,214*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Parking1 Assigned Space
Year Built1910
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240062688
StatusActive

About 7243 Kercheval St

Open house Saturday, October 26th 3pm-5pm **SPECIAL INCENTIVE** First two buyers for Islandview Heights will receive $10K either as a discount or concessions towards your closing costs plus 1 year of HOA dues paid by the developer. Welcome to the first available unit in Islandview Heights, a stunning end-unit townhome in a new development of eight exclusive residences. This light-filled, 3-bedroom, 1.5-bathroom condo offers the perfect blend of modern amenities and historic charm. Located in the heart of Islandview, just steps from West Village and Indian Village, this home is perfectly situated on Kercheval, placing you within walking distance of Detroit favorites like Sister Pie, Marrow, and Two James, and a quick bike ride from Belle Isle State Park. The all-brick exterior reflects the early 20th-century craftsmanship, with original wood floors, staircases, and bay windows beautifully preserved. Inside, you’ll find an inviting layout that effortlessly combines dining, living, and kitchen spaces, making it ideal for both everyday living and entertaining. The preserved historic details paired with modern updates create a warm, elegant atmosphere, ensuring this townhome stands out as a truly unique offering in one of Detroit's most sought-after neighborhoods.

Property Details

Property Features

Property Information:

  • Architectural Style: Townhouse
  • Year Built: 1910
  • Stories: 2
  • Living Area: 1,594 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Private Entry

Parking Information:

  • Parking: 1 Assigned Space

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: Kercheval Ave and E Grand Blvd

Price Information

Listing Price Info

Price Summary:

  • List Price: $354,900
  • Price Per SqFt: $223/SqFt

HOA Fees:

  • Amount: $250
  • 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

7243 Kercheval St vs Detroit

86 DAYS ON ROCKET

+41 Days

$354,900

+$269.9K More

$223/SqFt

+$149 More

KEY TAKEAWAY

This property is $269.9K more than the Median Sold Price and $149/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: #20240062688

Listing Office:

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

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: 11/17/2024, 1:20:52 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.

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-469019
1
/10

  • Detroit Academy of Arts and Sciences

  • 2985 E Jefferson Ave

  • 1.21 miles

  • Public Charter Grades KG-5

school-card-donut-469020
3
/10

  • University Preparatory Science and Math Elementary School

  • 2251 Antietam Ave

  • 1.33 miles

  • Public Charter Grades KG-5

school-card-donut-469021
8
/10

  • Chrysler Elementary School

  • 1445 E Lafayette St

  • 1.84 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $13,484. Most Detroit, MI residents have annual incomes less than $35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7243 Kercheval St

What is the listing price of this property?

The listing price of 7243 Kercheval St property is $354,900.

What type of property is this?

The property 7243 Kercheval St is a condo located in Detroit, Michigan, 48214.

Is this property for sale now?

Active Listing: 7243 Kercheval St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 7243 Kercheval St has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 7243 Kercheval St is 1,594 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7243 Kercheval St is 1910.

Rocket Homes›Michigan›Wayne County›Detroit›48214›7243 Kercheval St

This home is located at 7243 Kercheval St in Detroit, MI and zip code 48214 in the Lower East neighborhood. This 1,594 square foot home was built in 1910. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $354,900.

In October 2024 more than 125 listings in Detroit, MI were sold above the asking price. During the same period more than 93 listings were sold at asking price, while more than 257 were sold below. In October 2024 in Detroit, MI there were 11.2% more homes for sale than in September 2024. 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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