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Price: $249,900 2987 Franklin St Unit 2c, Detroit MI 48207 MLS® #: 218119213

  • 1 Bed
  • 1 Bath
  • 690 SqFt
  • $362.17 / SqFt
  • Year Built: 1943
REDUCED

Description of 2987 Franklin St Unit 2c, Detroit

Luxury loft living available at the Franklin Lofts, built to be the new standard of upscale loft living in Detroit. There's even an option of combining multiple units. These luxury lofts have spectacular views of downtown Detroit with 12 foot ceilings which make it a wonderful space for entertaining and relaxation. Includes access to almost 4000sq ft rooftop deck! Sealed and stained cement floors throughout. The Franklin Lofts are located in the heart of Detroit's Rivertown District, near the city center and close to many other great places like the Detroit Riverwalk and Eastern market.

About this Property

This 1 bedroom condo is located in the Metes & Bounds Descriptio N-sub N/a neighborhood at 2987 Franklin St Unit 2c, Detroit Mi 48207. This $249,900 property has approximately 690 square feet and was built in 1943. This condo is located in the Detroit school district. Properties located in the Detroit district have an average price per square foot of $247/SqFt. Houses with similar square footage range in price from $59,995 to $310,500 and have an average price per square foot of $197/SqFt. The average priced condo in 48207 with 1 bedrooms is $187,508. 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. 2987 Franklin St Unit 2c has property taxes in the amount of $6,639, 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.

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Stats for Zipcode 48207 for last 4 Months

Average Listing Price Average $/sqft Average $/sqft Sold Average Listing/Sale ratio Number of Sold Homes
$192,383.41 $140.39 $91.91 163.64% 59

Essential Information

Subdivision

METES & BOUNDS DESCRIPTIO N-SUB N/A

Appliances

Dishwasher, Disposal, Refrigerator, Stove

Construction

Const. Start Upon Sale, New Construction

Tax Description

N FRANKLIN E 125 FT OF S 100.24 FT LYG W OF & ADJ MC DOUGALL AVE EXC ALLEY AS DEEDED MC DOUGALL FARM P CS 9 & 454 BETW FRANKLIN & WOODBRIDGE STS 11/14 125 IRREG

Square Footage

  • Square Footage SourceArchitect
  • Above Ground Finished690
  • Total Finished690

Community Information

Lot Information

Exterior

  • ExteriorBrick
  • SewerSewer at Street
  • Water SourceMunicipal Water
  • Porch TypeDeck, Patio

Additional Information

  • HomesteadNo
  • Land ContractNo
  • Road FrontPaved, Pub. Sidewalk
  • OwnershipPrivate - Owned
  • Home WarrantyNO

Floor Plan

Level
  • Master Bedroom 15 x 13 Entry
  • Kitchen17 x 12 Entry
  • Living Room18 x 11 Entry

School Information

Area

05053-Det Woodward-Mcclellan/So Mack

Interior

  • Interior FeaturesElevator/Lift, Pets Allowed
  • HeatingForced Air
  • CoolingCentral Air
  • Fuel TypeElectric, Gas
  • Water Fuel TypeGas
  • Year of Remodeling2018
  • FoundationSlab
  • Basement DescriptionCommon, Unfinished

Exterior Features

Fenced, Grounds Maintenance, Outside Lighting

Directions

I-375S take Jefferson East. Right on McDougal and Lofts located at corner of McDougal and Franklin.

Parking Information

  • Garage Feature1 Assigned Space
  • GaragesNo Garage

Listing Details

IDX provided courtesy of Realcomp II Ltd., via eXp Realty and REALCOMP, ©2019 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

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