tomo logo

$485,000

Beds
5
Baths
2.5
sq ft
2,791

1935 Edison St, Detroit, MI 48206

1935 Edison St

Detroit, MI 48206

  • 53 days on market
    • Price drop $10,000↓
Have you ever dreamed of living in one of Detroit's most iconic, historic neighborhoods? Imagine telling people, "I live right behind The Congregation," or better yet, "I live in the Boston Edison Historic District!" Those are some serious bragging rights. Do you want to own a historic, charming home that's been meticulously updated to make your life easier? If the answer is YES, then send this to your realtor and schedule a showing ASAP. My client saw potential in this home that others overlooked. Over the last two years, she painstakingly upgraded everything in the correct order, from the inside out. Here’s what you don’t see: Fully updated electrical and plumbing. Dual HVAC systems and AC. New sewer line, complete with a backflow preventer to keep your basement dry—even in the worst storms. Tankless water heater. Renovated garage. The chimney has been reset, relined and corrected to be in perfect working order for both Santa to shimmy down and a good ole wood fire log. Now for what you do see: the kitchen and bathrooms are absolutely stunning, with jaw-dropping designs. My client has thoughtfully left some of the finishing touches—like sconces, backsplash, and stain colors—for you to personalize, adding your own flair to the home of your dreams. The first floor flows beautifully, making it ideal for living and entertaining, with charm and character in every corner. Upstairs, you'll find four spacious bedrooms, including a massive primary bedroom—seriously, it's big enough to bowl in! With a bathroom on every level and a topfloor ready to be finished into a guest suite or second home office, you'll never run out of space. And if that’s not enough, there's even a two-car garage. Come be part of this eclectic, walkable neighborhood that’s like no other. Welcome home!

Details

Property type

Single Family Residence

Est. home value

$341,293

Lot size

6,534 sq ft

Price per sq ft

$174

Year built

1921

Annual property taxes

$8,328

Monthly HOA fee

$20.83

Price History

10/05/2024
Realcomp

Realcomp #20240068588

Price change
$485,000
-2.02%
09/12/2024
Realcomp

Realcomp #20240068588

Listed
$495,000
+102.04%
05/30/2022
Realcomp

Realcomp #2210089141

Sold
$245,000
+166.3%

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

The Huntington National Bank

Loan start date

April 2022

Original loan amount

$324,800

Est. remaining balance

Not provided

Interest rate

2.97%

Loan type

Credit Line (Revolving), 30 year

Seller

Marisa Perez

Lender

The Huntington National Bank

Loan start date

April 2022

Original loan amount

$324,800

Est. remaining balance

Not provided

Interest rate

2.97%

Loan type

Credit Line (Revolving), 30 year

Seller

Marisa Perez

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?

Similar Homes Nearby

Price drop
Realcomp
$425,000
5 bd
|
2.5 ba
|
2,537 sq ft
|
House

1557 Edison St, Detroit, MI 48206

Realcomp
$524,900
5 bd
|
2.5 ba
|
3,300 sq ft
|
House

2009 Edison St, Detroit, MI 48206

Price drop
Realcomp
$450,000
5 bd
|
5.5 ba
|
3,898 sq ft
|
House

9500 La Salle Blvd, Detroit, MI 48206

Status: Active

Tomo last checked: 11/05/2024 at 7:45 AM

Listing updated: 10/05/2024 at 8:41 AM

Listed by: Ioana C Preda, EXP Realty Plymouth Phone #: (855) 477-7355

MLS: Realcomp #20240068588

Realcomp logo

Recently listed in Detroit

$262,000|4 bd|3.5 ba|House
$849,000|5 bd|3.5 ba|House
$80,000|2 bd|2.0 ba|House
$119,900|3 bd|1.0 ba|House
$89,900|3 bd|1.5 ba|House
$89,950|3 bd|2.0 ba|House
$110,000|3 bd|1.0 ba|House
$249,900|3 bd|1.5 ba|House
$209,900|3 bd|1.5 ba|House
$156,000|3 bd|1.5 ba|House