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$343,700

Beds
2
Baths
2.0
sq ft
983

1454 Townsend St Unit 302, Detroit, MI 48214

1454 Townsend St Unit 302

Detroit, MI 48214

  • 3 days on market
Investment opportunity! Tenant occupied until August 15 2024 at $2400/month. Consistent income earner! Full 15yr NEZ tax abatement - runs with the unit - even if not homesteaded. Fantastic location adjacent to the stores, bars, and restaurants of West Village! Short bike ride to Belle Isle and minutes from downtown! This corner unit facing South East enjoys natural sunlight all day long! The open living space flows nicely into the kitchen that features quartz countertops, Bosch appliances, marble backsplash, Grohe fixtures, Kraftmaid cabinets and hickory hardwood floors throughout. In-unit laundry! #302 is located on the 3rd floor, the original top floor of the school, and offers 15 ft ceilings, the tallest in the building! Each floor has a communal lounge-work space with curated art installations that also run t/o the building. Amenities also include gym, dog wash station, and bike room! Home warranty included!

Details

Property type

Condominium

Est. home value

$438,066

Lot size

Unknown

Price per sq ft

$350

Year built

1912

Annual property taxes

$344

Monthly HOA fee

$450

Price History

07/03/2024
Realcomp

Realcomp #20240047662

Listed
$343,700
-0.38%
12/01/2020
Realcomp

Realcomp #219115909

Sold
$345,000

Schools & Community

Neighborhood: 

Islandview

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

Quicken Loans Llc

Loan start date

February 2021

Original loan amount

$324,500

Est. remaining balance

$299,888

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Ali Abdul Malik

Lender

Quicken Loans Llc

Loan start date

February 2021

Original loan amount

$324,500

Est. remaining balance

$299,888

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Ali Abdul Malik

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: 07/07/2024 at 4:30 PM

Listing updated: 07/04/2024 at 6:04 AM

Listed by: Muffy Kroha, Max Broock, REALTORS®-Detroit Phone #: (313) 324-8430

MLS: Realcomp #20240047662

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