tomo logo

$315,000

Beds
2
Baths
1.5
sq ft
1,720

298 E Palmer St Unit 26, Detroit, MI 48202

298 E Palmer St Unit 26

Detroit, MI 48202

  • Pending
Discover urban elegance in this stunning two-bedroom brownstone townhouse, nestled in the heart of Detroit's vibrant Art District. This residence combines historic charm with modern sophistication, featuring spacious interiors, high ceilings, and abundant natural light. The open-concept living area is perfect for entertaining, while the gourmet kitchen boasts top-of-the-line appliances and sleek finishes. Retreat to the luxurious bedrooms, each offering a serene escape with ample closet space. Step outside to a private patio, ideal for morning coffee or evening relaxation. Located just steps from galleries, cafes, and cultural landmarks, this townhouse offers a unique opportunity to experience the best of Detroit's artistic and cultural scene. Welcome to your new home in the Art District, where style and convenience converge.

Details

Property type

Condominium

Est. home value

$313,151

Lot size

Unknown

Price per sq ft

$184

Year built

2005

Annual property taxes

$9,977

Monthly HOA fee

$427

Price History

07/02/2024
Realcomp

Realcomp #20240041315

Pending
$315,000
06/12/2024
Realcomp

Realcomp #20240041315

Listed
$315,000

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

Flagstar Bank Fsb

Loan start date

October 2022

Original loan amount

$226,800

Est. remaining balance

$221,659

Interest rate

5.55%

Loan type

New Conventional, 30 year

Seller

Maxwell J Morgan

Lender

Flagstar Bank Fsb

Loan start date

October 2022

Original loan amount

$226,800

Est. remaining balance

$221,659

Interest rate

5.55%

Loan type

New Conventional, 30 year

Seller

Maxwell J Morgan

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
$283,000
2 bd
|
1.5 ba
|
1,254 sq ft
|
Condo

68 W Bethune St, Detroit, MI 48202

Price drop
Realcomp
$299,999
2 bd
|
1 ba
|
842 sq ft
|
Condo

658 W Forest Ave Unit 2, Detroit, MI 48201

Realcomp
$359,900
2 bd
|
2 ba
|
1,290 sq ft
|
Condo

4130 Trumbull St Unit 5, Detroit, MI 48208

Status: Pending/Under Contract

Tomo last checked: 07/02/2024 at 7:10 PM

Listing updated: 07/02/2024 at 9:43 AM

Listed by: Jeffrey Meldrum, @properties Christie's Int'l RE Grosse Pointe Phone #: (313) 228-2221

MLS: Realcomp #20240041315

Realcomp logo

Recently listed in Detroit

$78,900|3 bd|1.0 ba|House
$240,000|3 bd|1.5 ba|House
$80,000|3 bd|1.5 ba|House
$120,000|5 bd|1.0 ba|House
$129,800|3 bd|1.0 ba|House
$99,000|2 bd|1.0 ba|Townhouse
$83,200|3 bd|1.0 ba|House
$135,000|4 bd|1.0 ba|House
$200,000|3 bd|2.0 ba|House