tomo logo

$550,000

Beds
2
Baths
2.0
sq ft
1,655

2843 E Grand Blvd Unit 8, Detroit, MI 48211

2843 E Grand Blvd Unit 8

Detroit, MI 48211

  • <1 day on market
This is the one—a move-in-ready, corner penthouse loft with all the wow factor! Offering nearly 1,700 square feet of beautifully finished living space, this loft features 2 spacious bedrooms and 2 freshly renovated baths. Think gleaming hardwood floors, original exposed brick, and sunlight streaming in from every angle. Step outside to your private rooftop patio for morning coffee or sunset views, and enjoy the large shared patio for entertaining. Convenience? Check! In-unit washer and dryer plus two parking spots—one in a detached garage with storage space and another in a secure gated lot. All of this comes with super low NEZ taxes, located in the heart of Detroit’s thriving Milwaukee Junction neighborhood. You’re just minutes from hotspots like Oak & Reel, The Schvitz, The Kiesling, and Chroma. This is your sign—it’s time to pop the bubbly and call this rare penthouse HOME!

Details

Property type

Condominium

Est. home value

$403,195

Lot size

Unknown

Price per sq ft

$333

Year built

1930

Annual property taxes

$60

Monthly HOA fee

$320

Price History

01/30/2025
Realcomp

Realcomp #20250006590

Listed
$550,000
01/30/2025
Realcomp

Realcomp #20240089797

Removed
$550,000
12/03/2024
Realcomp

Realcomp #20240089797

Listed
$550,000
+10.22%

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 State Bank

Loan start date

September 2022

Original loan amount

$2,254,365

Est. remaining balance

Not provided

Interest rate

5.22%

Loan type

Building or Construction Loan

Seller

Chap Detroit Llc

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?

Status: Active

Tomo last checked: 01/30/2025 at 8:20 PM

Listing updated: 01/30/2025 at 3:14 PM

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

MLS: Realcomp #20250006590

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