tomo logo

$750,000

Beds
7
Baths
3.5
sq ft
6,625

1550 W Boston Blvd, Detroit, MI 48206

1550 W Boston Blvd

Detroit, MI 48206

  • 28 days on market
1550 W Boston Boulevard is a stunning historic home in Detroit’s prestigious Boston-Edison District, beautifully combining classic architecture with modern upgrades. Built in 1922, this 5,625 square-foot Dutch Colonial features seven bedrooms, 3.5 bathrooms, and is situated on a spacious 0.32-acre lot. This home boasts numerous mechanical updates, including a new boiler, electrical system, roof, and central air conditioning, ensuring comfort and efficiency throughout. The open and updated kitchen, complete with a charming breakfast nook, blends modern convenience with historic charm, making it a perfect space for casual dining and entertaining. The bathrooms have been tastefully updated to maintain the home’s original character while offering contemporary functionality. The expansive third floor provides a versatile space that could serve as a mother-in-law suite, au pair quarters, a private area for teenagers, or a work-from-home retreat. Additionally, the property includes a rare three-car detached garage with an adjoining carriage house—just waiting for your finishing touches to transform it into additional living space, a home office, or even a rental unit. Located just minutes away from downtown Detroit, the home offers proximity to cultural landmarks and excellent dining options. This home is a rare opportunity to own a piece of Detroit’s rich architectural history, updated for contemporary living.

Details

Property type

Single Family Residence

Est. home value

$715,646

Lot size

0.32 acres

Price per sq ft

$114

Year built

1922

Annual property taxes

$21,963

Price History

10/25/2024
Realcomp

Realcomp #58050157352

Removed
$750,000
10/25/2024
MiRealSource

MiRealSource #50159327

Listed
$750,000
10/04/2024
Realcomp

Realcomp #58050157352

Listed
$750,000
+0.13%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Detroit City School District

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

Rocket Mortgage Llc

Loan start date

February 2022

Original loan amount

$640,000

Est. remaining balance

$602,566

Interest rate

3.05%

Loan type

VA, 30 year

Seller

Ronald W Chapman Ii

Lender

Rocket Mortgage Llc

Loan start date

February 2022

Original loan amount

$640,000

Est. remaining balance

$602,566

Interest rate

3.05%

Loan type

VA, 30 year

Seller

Ronald W Chapman Ii

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: 11/22/2024 at 9:40 AM

Listing updated: 10/25/2024 at 12:00 PM

Listed by: Shana Sine-Cameron, Sine & Monaghan LLC Phone #: (313) 884-7000

MLS: MiRealSource #50159327

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