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1550 Cherboneau Pl Unit 112, Detroit, MI, 48207

$63,900

Home List Price

$759*

Closing Credit

2 Bedrooms
1 Full Bath
900 SqFt
$71/SqFt
Condo
Schools Nearby

Location

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1550 Cherboneau Pl Unit 112, Detroit$63,900

Buyer Closing Credits

$759*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1963
HeatingNatural Gas, Baseboard
MLS #20240015086
StatusActive

About 1550 Cherboneau Pl Unit 112

Affordable Downtown living! Centrally located in Historic Lafayette Park, this turn-key sun-flooded, two bedroom unit features include a new central A/C unit, renovated bathroom, vintage steel kitchen cabinets, with butcher block counters, and solid bamboo flooring throughout. There are abundant closets. Community features include gated parking, exercise room, workshop, library/lounge, laundry room, community room (also available for rent), elevator and private storage. Financially solvent and well-maintained co-op is 100% owner-occupied. Financing is not allowed as well as investors or pets. Co-op approval required to purchase. HOA is $725/mo and INCLUDES REAL ESTATE TAXES, heat, water, trash, AC maintenance & building maintenance/insurance. Cherboneau Place Cooperative is located in Lafayette Park, a National Historic Landmark District which includes the largest collection of residential buildings designed by Mies van der Rohe. Walk to Eastern Market, Dequindre Cut Greenway, Greektown, Riverwalk and all Downtown sporting venues!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1963
  • Stories: 1
  • Living Area: 900 SqFt

Listing Office:

  • Office Name: O'Connor Realty Detroit, LLC
  • Office Phone: (313) 963-9891
  • Listing Agent: Isaac Oserin

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Utilities

Utilities Information:

  • Heating: Natural Gas, Baseboard

Other

Directions Information:

  • Directions: From E Lafayette, turn North onto Orleans and first left onto Cherboneau Place.

Price Information

Listing Price Info

Price Summary:

  • List Price: $63,900
  • Price Per SqFt: $71/SqFt

HOA Fees:

  • Amount: $725
  • 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

$80.1K

Med. Price/SqFt

$69

Avg. Days On Market

49

# of Sold Homes

392

1550 Cherboneau Pl Unit 112 vs Detroit

48 DAYS ON ROCKET

-1 Day

$63,900

-$16.2K Less

$71/SqFt

+$1 More

KEY TAKEAWAY

This property is $16.2K less than the Median Sold Price and $1/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: #20240015086

Listing Office:

  • Office Name: O'Connor Realty Detroit, LLC
  • Office Phone: (313) 963-9891
  • Listing Agent: Isaac Oserin

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: 4/29/2024, 12:25:22 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$1,111

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$258

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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-3101188
4
/10

  • University Preparatory Science and Math - Elementa

  • 2251 Antietam Ave

  • 0.52 miles

  • Public Charter Grades KG-5

school-card-donut-3101189
3
/10

  • Detroit Academy of Arts and Sciences

  • 2985 E Jefferson Ave

  • 0.79 miles

  • Public Charter Grades KG-5

school-card-donut-3101190
7
/10

  • The James and Grace Lee Boggs School

  • 4141 Mitchell St

  • 1.40 miles

  • Public Charter Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,688. Typical income of Detroit, MI residents is less than $35k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1550 Cherboneau Pl Unit 112

What is the listing price of this property?

The listing price of 1550 Cherboneau Pl Unit 112 property is $63,900.

What type of property is this?

The property 1550 Cherboneau Pl Unit 112 is a condo located in Detroit, Michigan, 48207.

Is this property for sale now?

Active Listing: 1550 Cherboneau Pl Unit 112 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1550 Cherboneau Pl Unit 112 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1550 Cherboneau Pl Unit 112 is 900 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1550 Cherboneau Pl Unit 112 is 1963.

Rocket Homes›Michigan›Wayne County›Detroit›48207›1550 Cherboneau Pl Unit 112

This home is located at 1550 Cherboneau Pl Unit 112 in Detroit, MI and zip code 48207 in the Downtown neighborhood. This 900 square foot home was built in 1963. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 11, 2024 and is currently priced at $63,900.

In March 2024 more than 94 listings in Detroit, MI were sold above the asking price. During the same period more than 74 listings were sold at asking price, while more than 224 were sold below. Between February 2024 and March 2024, Detroit, MI real estate market has seen increase in the number of listings by 10.7%. In March 2024 median list price was $80,163 and the average listing age was 49 days.

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

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