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$1,595,000

Beds
4
Baths
2.5
sq ft
5,600

1535 6th St Unit 7, Detroit, MI 48226

1535 6th St Unit 7

Detroit, MI 48226

  • 407 days on market
    • Price drop $100,000↓
Corktown's stunning Sixth Street Lofts penthouse is a luxurious 5,600-square-foot, four-bedroom home that has been expertly renovated with top-quality materials, craftsmanship and impeccable taste. From this fifth-story 360-degree perch, take in magnificent views of the city skyline as well as an expansive panorama of the surrounding neighborhoods and the Detroit River. In the recently renovated, showstopper kitchen: custom cabinetry with a horseshoe configuration and abundant storage; quartz countertops; beautiful contemporary brass fixtures; and Thermodor appliances (a 48-inch dual fuel range, custom hood and two dishwashers). Windows span from counter to ceiling, and a stunning central 11-foot island with double-sided cabinets and overhead pendants provides seating for five. An elevated living room, cozy fireplace, open-flow dining area and elegant lighting create intimate spaces. The original wood flooring and ceiling have both been beautifully restored. All bathrooms are updated and modern (the master bathroom has a 4x6' shower with steam feature) and the spacious bedrooms feature exposed brick walls. New gas remote-operated fireplace installed in 2021; smart switches in main living area; eight-foot solid wood doors with solid brass hardware throughout; and custom blinds/black out drapes in bedrooms. In the garage, two adjacent parking spaces and 240v Bosch car charger installed. Full list of updates available. 24-hour notice to show, please. Please provide proof of funds or pre-approval letter prior to showing.

Details

Property type

Condominium

Est. home value

$1,629,183

Lot size

Unknown

Price per sq ft

$285

Year built

1920

Annual property taxes

$342

Monthly HOA fee

$850

Price History

05/28/2024
Realcomp

Realcomp #20230040900

Price change
$1,595,000
-5.9%
05/24/2023
Realcomp

Realcomp #20230040900

Listed
$1,695,000
+242.42%
06/11/2014
Realcomp

Realcomp #214019742

Sold
$495,000

Schools & Community

Neighborhood: 

Corktown

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

The Huntington National Bank

Loan start date

May 2022

Original loan amount

$165,000

Est. remaining balance

Not provided

Interest rate

3.56%

Loan type

Credit Line (Revolving), 30 year

Seller

Garlin Gilchrist and Ellen Smith Gilchrist

Lender

The Huntington National Bank

Loan start date

May 2022

Original loan amount

$165,000

Est. remaining balance

Not provided

Interest rate

3.56%

Loan type

Credit Line (Revolving), 30 year

Seller

Garlin Gilchrist and Ellen Smith Gilchrist

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: 07/05/2024 at 12:10 AM

Listing updated: 05/28/2024 at 12:54 PM

Listed by: Lauren D Bruyninga, O'Connor Realty Detroit, LLC Phone #: (313) 963-9891

MLS: Realcomp #20230040900

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