tomo logo

$300,000

Beds
1
Baths
1.0
sq ft
900

112 Watson St Unit 27, Detroit, MI 48201

112 Watson St Unit 27

Detroit, MI 48201

  • 102 days on market
    • Price drop $15,000↓
Discover this unique loft-style condo nestled in the heart of Detroit's Brush Park. Only one block to LCA, two blocks to Comerica Park, Ford Field, The Fox and The Fillmore. This one-bedroom, one-bathroom loft features an expansive open-concept, adorned with rustic brick walls and contemporary concrete floors (HEATED FLOORS), blending industrial elegance with modern comfort. The kitchen boasts stainless steel countertops and appliances, complemented by an island that not only adds to the culinary space but also offers a cozy sitting area. The updated bathroom features a modern countertop and an oversized shower. Enjoy serene city views from the balcony, a tranquil escape from the urban hustle. This apartment offers unparalleled access to the best entertainment, parks, and restaurants Detroit has to offer. A brand new park across John R to be completed in 2024, added new views and new value! IN-UNIT WASHER AND DRYER, GATED PARKING INCLUDED and MORE!

Details

Property type

Condominium

Est. home value

$321,346

Lot size

Unknown

Price per sq ft

$334

Year built

1920

Annual property taxes

$8,469

Monthly HOA fee

$352

Price History

06/25/2024
Realcomp

Realcomp #20240018317

Price change
$300,000
-4.76%
05/22/2024
Realcomp

Realcomp #20240018317

Price change
$315,000
-3.08%
03/22/2024
Realcomp

Realcomp #20240018317

Listed
$325,000
+32.65%

Schools & Community

Neighborhood: 

Midtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Detroit

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Renasant Bank

Loan start date

October 2021

Original loan amount

$224,000

Est. remaining balance

$189,355

Interest rate

2.19%

Loan type

New Conventional, 15 year

Seller

William Patrick Lindeman

Lender

Renasant Bank

Loan start date

October 2021

Original loan amount

$224,000

Est. remaining balance

$189,355

Interest rate

2.19%

Loan type

New Conventional, 15 year

Seller

William Patrick Lindeman

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/02/2024 at 7:35 PM

Listing updated: 06/25/2024 at 6:03 PM

Listed by: Matthew Talbot, The RichRealty Group Phone #: (734) 459-5100

MLS: Realcomp #20240018317

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