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Price: $340,000 525 W Lafayette Blvd Unit 21b, Detroit MI 48226 MLS® #: 218105488

  • 1 Bed
  • 1 Bath
  • 1,173 SqFt
  • $289.86 / SqFt
  • Year Built: 1917
REDUCED

Description of 525 W Lafayette Blvd Unit 21b, Detroit

Enjoy a life of luxury and comfort at the Fort Shelby Residences with Hotel amenities such as: On-site bar & restaurant, food delivery, concierge, coffee shop (serving Starbucks Coffee), 24/7 valet parking, fitness center, and more... This unit was just upgraded, and has brand new stainless steel appliances, wood floors in living spaces, stone floors and shower walls in master bath. This penthouse unit is the largest 1 bedroom floorplan in the building. It combines a spacious living space and a private master bedroom with a very large walk-in closet. The HOA dues are very competitive at $450/mo including: gas, water, most of the heating/cooling energy (thanks to a heat pump system), and free access to 24/7 vale, fitness center. Discounts available for owners for the restaurant, bar, coffee shop (serving Starbucks Coffee).

About this Property

This 1 bedroom condo is located in the Wayne County Condo Plan No 945 (fort Shelby Hotel Condo) neighborhood at 525 W Lafayette Blvd Unit 21b, Detroit Mi 48226. This $340,000 property has approximately 1,173 square feet and was built in 1917. This condo is located in the Detroit school district. Properties located in the Detroit district have an average price per square foot of $263/SqFt. Houses with similar square footage range in price from $299,000 to $689,900 and have an average price per square foot of $399/SqFt. The average priced condo in 48226 with 1 bedrooms is $354,862. Depending on where you live in Detroit your children and/or teenagers may go to the Detroit school district, Lincoln Consolidated school district, or Hamtramck school district. 525 W Lafayette Blvd Unit 21b has property taxes in the amount of $2,100, which are assessed as non-homestead because the home is considered a second home for the owner and/or not occupied by the primary owner. The property taxes will be lowered if you purchase this property, occupy it as your primary residence and file the homestead exemption form.

Your Buyer Specialist, MARK Z

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Stats for Zipcode 48226 for last 4 Months

Average Listing Price Average $/sqft Average $/sqft Sold Average Listing/Sale ratio Number of Sold Homes
$818,979.81 $407.45 $160.64 363.61% 19

Essential Information

Lot Information

Appliances

Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove, Washing Machine

Directions

At the corner of West Lafayette and 1st Street

Parking Information

  • Garage Feature1 Assigned Space, Side Entrance
  • GaragesNo Garage

Community Information

Interior

  • HeatingForced Air
  • CoolingCentral Air, Heat Pump
  • Fuel TypeHeat Pump
  • Water Fuel TypeElectric
  • Year of Remodeling2018
  • FoundationBasement
  • Basement DescriptionCommon, Interior Access

Exterior

  • ExteriorBrick, Stone
  • SewerSewer at Street
  • Water SourceMunicipal Water

Tax Description

UNIT 54. S LAFAYETTE W; WAYNE COUNTY CONDO PLAN NO. 945 "FORT SHELBY HOTEL CONDOMINIUM" RECORDED IN L46262 P1428-1542 DEEDS, WCR 4/132

Square Footage

  • Square Footage SourceDeveloper
  • Above Ground Finished1,173
  • Total Finished1173

Subdivision

WAYNE COUNTY CONDO PLAN NO 945 (FORT SHELBY HOTEL CONDO)

Interior Features

Cable Available, High Spd Internet Avail, Intercom, Programmable Thermostat

Additional Information

  • HomesteadNo
  • Land ContractNo
  • Road FrontPaved
  • OwnershipPrivate - Owned
  • Home WarrantyNO

Floor Plan

Level
  • Bedroom 220 x 11 Entry
  • Dining Room10 x 10 Entry
  • Kitchen13 x 9 Entry
  • Living Room20 x 22 Entry

School Information

Listing Office

Berkshire Hathaway HomeServices The Loft Warehouse

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