Coming soon! Amazing water and city views, fully renovated, and open floor plan. The HOA includes property tax, gym, pool, water, gas, trash, basic cable, maintenance, and 24-hour security. 1300 Lafayette is a gated community with 24-hour security, 24-hour fitness center, yoga studio, two heated pools with secure indoor and outdoor parking options. Located steps from Downtown Detroit, Greektown, Detroit Riverwalk, Lafayette Park, Eastern Market, Campus Martius, Dequindre Cut, Sports District, and many cafes, restaurants and grocery options. Financing is available with Camryn Remsing at National Cooperative Bank.
Property Details
Property Features
Property Information:
Architectural Style: Contemporary, High Rise, Historic
Year Built: 1964
Stories: 1
Living Area: 773 SqFt
Listing Office:
Office Name: @properties Christie's Int'l RE Grosse Pointe
Office Phone: (313) 228-2221
Listing Agent: Nicholas Asplund
Interior Features
Interior Information:
Appliances: Disposal, Energy Star Dishwasher, Energy Star Refrigerator, Electric Oven, Electric Range
This property is $38.8K more than the Median Sold Price and $84/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: #20240020866
Listing Office:
Office Name: @properties Christie's Int'l RE Grosse Pointe
Office Phone: (313) 228-2221
Listing Agent: Nicholas Asplund
Disclaimer: 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.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,665
Per Month
Principal & Interest
$599
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$999
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$426
Powered By
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
University Preparatory Science and Math - Elementa
2251 Antietam Ave
Distance between this listing and this school0.81 miles
Public Charter Grades KG-5
1
/10
Detroit Academy of Arts and Sciences
2985 E Jefferson Ave
Distance between this listing and this school0.87 miles
Public Charter Grades KG-5
7
/10
The James and Grace Lee Boggs School
4141 Mitchell St
Distance between this listing and this school1.69 miles
Public Charter Grades KG-4
Nearby Schools
1
/10
Detroit Academy of Arts and Sciences Middle School
2985 E Jefferson Ave
Distance between this listing and this school0.87 miles
Public Charter Grades 6-8
3
/10
University Preparatory Science and Math (PSAD) Middle School
5100 John R St
Distance between this listing and this school2.10 miles
Public Charter Grades 6-8
1
/10
University Preparatory Academy (Psad) - Middle School
5310 Saint Antoine St
Distance between this listing and this school2.14 miles
Public Charter Grades 6-8
Nearby Schools
3
/10
University Preparatory Science and Math (PSAD) High School
2664 Franklin St
Distance between this listing and this school0.73 miles
Public Charter Grades 9-12
5
/10
Detroit Edison Public School Academy
1903 Wilkins St
Distance between this listing and this school1.05 miles
Public Charter Grades PK-12
3
/10
Detroit Public Safety Academy
1250 Rosa Parks Blvd
Distance between this listing and this school1.87 miles
The neighbors living near this home have an average income of $29,842. Residents of Detroit, MI typically earn less than $35k each year. Typical family type is 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 1300 E Lafayette St Unit 2402
What is the listing price of this property?
The listing price of 1300 E Lafayette St Unit 2402 property is $119,900.
What type of property is this?
The property 1300 E Lafayette St Unit 2402 is a condo located in Detroit, Michigan, 48207.
Is this property for sale now?
Active Listing: 1300 E Lafayette St Unit 2402 is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 1300 E Lafayette St Unit 2402 has 1 bedroom and 1 bathroom.
What is the square footage of this property?
The property 1300 E Lafayette St Unit 2402 is 773 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1300 E Lafayette St Unit 2402 is 1964.
This home is located at 1300 E Lafayette St Unit 2402 in Detroit, MI and zip code 48207 in the Downtown neighborhood. This 773 square foot home was built in 1964. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since April 11, 2024 and is currently priced at $119,900.
In April 2024 more than 94 listings in Detroit, MI were sold above the asking price. During the same period more than 89 listings were sold at asking price, while more than 243 were sold below. The number of listings in Detroit, MI increased by 12.7% between March 2024 and April 2024. The median list price of listings available in April 2024 was $81,036, while the average time on the real estate market was 45 days.
From Rocket Homes Real Estate and based on county public records data.