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$500,000

Beds
5
Baths
3.5
sq ft
2,791

1427 Edison St, Detroit, MI 48206

1427 Edison St

Detroit, MI 48206

  • 48 days on market
Stunning and elegant brick Colonial located in the heart of Detroit’s coveted Boston-Edison Historic District, showcasing a perfect blend of classic charm and modern updates. Recent upgrades include a new roof, HVAC system, humidifier, landscaping, and a waterproofed basement for added peace of mind. Step into the beautiful tile-floored entry foyer, leading to a light-filled living room with warm oak-stained hardwood floors, a cozy natural fireplace, and stylish bronze sconces. Adjacent is a bright home office and a convenient first-floor half bath. The show-stopping kitchen has been thoughtfully updated with stainless steel appliances, a stylish herringbone backsplash, bar seating, and a large walk-in pantry, seamlessly flowing into the dining room and sun-soaked sitting room. Upstairs, the second floor features three spacious bedrooms and two full baths, including the luxurious primary suite with a sunlit sitting area, en suite bath, walk-in closet, and balcony access. The third floor offers two additional bedrooms and a third full bath, providing plenty of space for family or guests. The basement adds extra storage and laundry, while the fenced backyard with alley access offers a private outdoor retreat. Renovated in 2022 with thoughtful updates throughout, this home combines modern comfort with timeless style in a prestigious, historic neighborhood. Welcome Home!

Details

Property type

Single Family Residence

Est. home value

$412,020

Lot size

5,227 sq ft

Price per sq ft

$180

Year built

1916

Annual property taxes

$9,341

Price History

01/14/2025
Realcomp

Realcomp #20240092492

Listed
$500,000
01/06/2025
Realcomp

Realcomp #20240092492

Pending
$500,000
12/16/2024
Realcomp

Realcomp #20240092492

Listed
$500,000
+16.55%

Schools & Community

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

Jpmorgan Chase Bank Na

Loan start date

June 2022

Original loan amount

$309,000

Est. remaining balance

$296,741

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

Eric Tyler Mcclure and Natasha Kavita Mcclure

Lender

Jpmorgan Chase Bank Na

Loan start date

June 2022

Original loan amount

$309,000

Est. remaining balance

$296,741

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

Eric Tyler Mcclure and Natasha Kavita Mcclure

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: 02/02/2025 at 1:00 PM

Listing updated: 01/14/2025 at 2:40 PM

Listed by: Jim Shaffer, Good Company Phone #: (248) 733-5811

MLS: Realcomp #20240092492

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