26 days on rocket

8162 E Jefferson Ave Unit 16B, Detroit, MI, 48214

$144,900

Home List Price

$1,721*

Closing Credit

3 Bedrooms
3 Full Baths
2,400 SqFt
$60/SqFt
Condo

Location

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8162 E Jefferson Ave Unit 16B, Detroit$144,900

Buyer Closing Credits

$1,721*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCovered Parking, Garage
Attached Garage1 space
Year Built1925
HeatingNatural Gas, Steam
BasementYes
WaterfrontLake, Lake Front, River Front, Seawall, Waterfront
FireplaceFamRoom Fireplace
ViewLake, River, Water
MLS #50158969
StatusActive

About 8162 E Jefferson Ave Unit 16B

Incredible Downtown Detroit Diamond in the Rough! This 3BR, 3 BA condo located on the 16th floor of the beautiful historic high rise of Detroit Tower on Detroit's Gold Coast offering an open interior with a million-dollar panoramic view of the Detroit River and Belle Isle. This unit features large windows with amazing views, the kitchen comes complete with granite counters, spacious butler’s pantry and a separate caterer’s entrance. Other features include a spacious Great Room with fireplace, hardwood floors throughout the main living areas, floor-to-ceiling bookshelves in the library and in unit laundry area. The association amenities include 24/7 valet garage parking, staff assistance with handling groceries, delivering mail etc. Staff services, community waterfront patio area large enough for entertaining, heat and water included in the monthly HOA. With a bit of cosmetic work, this unit could be brought back to the gem it deserves to be. Seller was given a quote for the restoration and it can be provided. Central air is on the ballot for discussion for the entire building. Priced to sell! Schedule your private showing today!

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Living Area: 2,400 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (313) 886-4200
  • Listing Agent: Kevin Paton

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Ceramic Floors, Hardwood Floors, Fire Sprinkler, Walk-In Closet
  • Fireplace: FamRoom Fireplace

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake, Lake Front, River Front, Seawall, Waterfront
  • View: Lake, River, Water
  • Exterior: Patio

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Covered Parking, Garage

Utilities

Utilities Information:

  • Heating: Natural Gas, Steam

School Info

School District Information:

  • School District: Detroit City School District

Price Information

Listing Price Info

Price Summary:

  • List Price: $144,900
  • Price Per SqFt: $60/SqFt

HOA Fees:

  • Amount: $2866
  • 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

8162 E Jefferson Ave Unit 16B vs Detroit

26 DAYS ON ROCKET

-19 Days

$144,900

+$59.9K More

$60/SqFt

-$14 Less

KEY TAKEAWAY

This property is $59.9K more than the Median Sold Price and $14/SqFt less than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MiRealSource
  • MLS Number: #50158969

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (313) 886-4200
  • Listing Agent: Kevin Paton

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
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, 11:20:52 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.

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$3,657

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-317273
1
/10

  • Detroit Academy of Arts and Sciences

  • 2985 E Jefferson Ave

  • 1.54 miles

  • Public Charter Grades KG-5

school-card-donut-317274
3
/10

  • University Preparatory Science and Math Elementary School

  • 2251 Antietam Ave

  • 2.01 miles

  • Public Charter Grades KG-5

school-card-donut-317275
8
/10

  • Chrysler Elementary School

  • 1445 E Lafayette St

  • 2.33 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 $21,516. Residents of Detroit, MI typically earn less than $35k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8162 E Jefferson Ave Unit 16B

What is the listing price of this property?

The listing price of 8162 E Jefferson Ave Unit 16B property is $144,900.

What type of property is this?

The property 8162 E Jefferson Ave Unit 16B is a condo located in Detroit, Michigan, 48214.

Is this property for sale now?

Active Listing: 8162 E Jefferson Ave Unit 16B is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 8162 E Jefferson Ave Unit 16B has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 8162 E Jefferson Ave Unit 16B is 2,400 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8162 E Jefferson Ave Unit 16B is 1925.

Rocket Homes›Michigan›Wayne County›Detroit›48214›8162 E Jefferson Ave Unit 16B

This home is located at 8162 E Jefferson Ave Unit 16B in Detroit, MI and zip code 48214 in the Lower East neighborhood. This 2,400 square foot home was built in 1925. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 22, 2024 and is currently priced at $144,900.

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. Listings spent 45 days on the market in October 2024, and had a median list price of $85,000 during the same period.

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

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