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$425,000

Beds
3
Baths
3.5
sq ft
2,760

283 E Ferry St Unit 4, Detroit, MI 48202

283 E Ferry St Unit 4

Detroit, MI 48202

  • 207 days on market
    • Price drop $24,000↓
Price Drop! Motivated Sellers! Welcome home to 283 E. Ferry! This well-maintained Townhouse located in the Historical Cultural Center is a desirable and rare find. Within walking distance to Peck Park, CCS, The DIA, WSU, not to mention, the endless options for Dining, and close access to I-94 & I-75. The Townhouse is also within close proximity to all pro sports arenas. You can walk, scooter or take the free Q Line ride down to LCA, Comerica and Ford Field. Upon entering, you're greeted with an open and bright layout with a spacious Living Room, with enough space for a Dining Room. Open Kitchen with stainless steel appliances & half bathroom for guest use. Just off the kitchen is the private balcony, perfect for spending your summer relaxing and taking in the view of the blossoming trees. Upstairs you'll find a bedroom and bathroom, and the convenience of having an upstairs laundry room. The Master Bedroom is a dream for many with dark laminate floors, walk-in closet, two additional closets, & an end-suite bathroom suited with a double vanity, shower & jetted tub. The Basement is the perfect spot to spend on Game Days or with Family on Movie Nights...plumbed for a Wet Bar if you choose to complete the space! 3rd Bedroom & Bathroom in the basement, or make the bedroom an office or workout space! Attached 2-car garage with Outlets & a Water Faucet, plus gated entry with space to park 2 or more additional cars in the driveway. The owners have lovingly maintained this property with a New Hot Water Tank, New Garage Door, and appliance warranty that also covers the Hot Water Tank. NEZ-H tax abatement was approved and a new tax rate will begin in 2024. NEZ-H is in place until December 30, 2039!

Details

Property type

Townhouse

Est. home value

$540,216

Lot size

Unknown

Price per sq ft

$154

Year built

2003

Annual property taxes

$9,938

Monthly HOA fee

$625

Price History

10/15/2024
Realcomp

Realcomp #20240022992

Price change
$425,000
-5.35%
09/26/2024
Realcomp

Realcomp #20240022992

Price change
$449,000
-1.08%
08/27/2024
Realcomp

Realcomp #20240022992

Price change
$453,900
-0.02%

Schools & Community

Neighborhood: 

Art Center

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

Level One Bank

Loan start date

July 2020

Original loan amount

$400,500

Est. remaining balance

$364,330

Interest rate

3.21%

Loan type

New Conventional, 30 year

Seller

Anjanette Delgado and Joseph Delgado

Lender

Level One Bank

Loan start date

July 2020

Original loan amount

$400,500

Est. remaining balance

$364,330

Interest rate

3.21%

Loan type

New Conventional, 30 year

Seller

Anjanette Delgado and Joseph Delgado

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: 11/05/2024 at 7:45 AM

Listing updated: 10/15/2024 at 6:55 PM

Listed by: Lisa Marie LaForest Smith, Berkshire Hathaway HomeServices The Loft Warehouse Phone #: (313) 658-6400

MLS: Realcomp #20240022992

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