1 month on rocket

8900 E Jefferson Ave Unit 1504, Detroit, MI, 48214

$140,000

Home List Price

$1,663*

Closing Credit

1 Bedroom
1 Full Bath
845 SqFt
$166/SqFt
Condo
Schools Nearby

Location

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8900 E Jefferson Ave Unit 1504, Detroit$140,000

Buyer Closing Credits

$1,663*

1.25% Loan Amount

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Property Highlights

Home TypeStock Cooperative
Year Built1955
HeatingHeat Pump, Forced Air, Baseboard, Electric
CoolingWall Unit(s)
MLS #24014604
StatusActive

About 8900 E Jefferson Ave Unit 1504

Detroit River Co-op penthouse, just seconds from Belle Isle, and minutes from Downtown and the Grosse Pointes, available now. This reconfigured corner unit has been fully updated to include stainless appliances, quartz countertops, new cabinets, plank flooring and a whole lot more. With no neighbors above, peacefully enjoy panoramic views of the city, Belle Isle bridge, and abutting marina. Unique to most, refresh your linens with an in-unit washer/dryer and central HVAC, made possible by being on the top floor. In a traditional Condominium, an HOA costs $300 on average for common area maintenance and 24-hour security, plus roughly $300 in property taxes and $150 in utilities (heat, electrical and water). With this Co-op you pay for it all with a monthly lump sum of $867 and NOTHING else. Once a two-bedroom, now stretch out in your own dressing room. tiled shower, and two-vanity bathroom. With bar seating, pendent lighting, and an open floor plan, you'll be your friend's favorite place to gather when you're not enjoying your own private oasis. National Cooperative Bank is providing lending to River House tenants seeking mortgages. Furnishings negotiable. Prepare for Co-op interview, presided over by a caring board you'll be grateful to call your neighbors.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1955
  • Stories: 1
  • Living Area: 845 SqFt

Listing Office:

  • Office Name: Re/Max Platinum
  • Office Phone: (734) 741-1000
  • Listing Agent: Jeffrey Brown, Daniel DeCapua

Interior Features

Interior Information:

  • Appliances: Dishwasher, Freezer, Microwave, Oven, Refrigerator
  • Basement: No
  • Interior: Ceiling Fan(s), Elevator, Kitchen Island

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Utilities

Utilities Information:

  • Heating: Heat Pump, Forced Air, Baseboard, Electric
  • Cooling: Wall Unit(s)

Other

Directions Information:

  • Directions: Take E Jefferson Ave to Marian Dr.

Price Information

Listing Price Info

Price Summary:

  • List Price: $140,000
  • Price Per SqFt: $166/SqFt

HOA Fees:

  • Amount: $867
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

Med. Sold Price

$80.1K

Med. Price/SqFt

$69

Avg. Days On Market

49

# of Sold Homes

392

8900 E Jefferson Ave Unit 1504 vs Detroit

31 DAYS ON ROCKET

-18 Days

$140,000

+$59.8K More

$166/SqFt

+$96 More

KEY TAKEAWAY

This property is $59.8K more than the Median Sold Price and $96/SqFt more than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Michigan Regional Information Center (MichRIC)
  • MLS Number: #24014604

Listing Office:

  • Office Name: Re/Max Platinum
  • Office Phone: (734) 741-1000
  • Listing Agent: Jeffrey Brown, Daniel DeCapua

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 12:50:21 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

$1,633

Per Month

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-1828912
3
/10
  • Detroit Academy of Arts and Sciences

  • 2985 E Jefferson Ave

  • 1.98 miles

  • Public Charter Grades KG-5

school-card-donut-1828913
4
/10
  • University Preparatory Science and Math - Elementa

  • 2251 Antietam Ave

  • 2.39 miles

  • Public Charter Grades KG-5

school-card-donut-1828914
7
/10
  • The James and Grace Lee Boggs School

  • 4141 Mitchell St

  • 2.52 miles

  • Public Charter Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,119. Residents of Detroit, MI typically earn between $35k-100k each year. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8900 E Jefferson Ave Unit 1504

What is the listing price of this property?

The listing price of 8900 E Jefferson Ave Unit 1504 property is $140,000.

What type of property is this?

The property 8900 E Jefferson Ave Unit 1504 is a condo located in Detroit, Michigan, 48214.

Is this property for sale now?

Active Listing: 8900 E Jefferson Ave Unit 1504 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 8900 E Jefferson Ave Unit 1504 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 8900 E Jefferson Ave Unit 1504 is 845 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8900 E Jefferson Ave Unit 1504 is 1955.

Rocket HomesMichiganWayne CountyDetroit482148900 E Jefferson Ave Unit 1504

This home is located at 8900 E Jefferson Ave Unit 1504 in Detroit, MI and zip code 48214 in the Lower East neighborhood. This 845 square foot home was built in 1955. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since March 28, 2024 and is currently priced at $140,000.

While more than 94 listings in Detroit, MI in March 2024 were sold above asking price, there were more than 74 listings sold at asking price, and more than 224 were sold below. In March 2024 in Detroit, MI there were 10.7% more homes for sale than in February 2024. While the average time on the market in March 2024 was 49 days, the median list price was $80,163.

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

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