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$625,000

Beds
6
Baths
4.0
sq ft
5,037

736 Chicago Blvd, Detroit, MI 48202

736 Chicago Blvd

Detroit, MI 48202

  • 103 days on market
Step into Timeless Elegance in the Heart of Boston-Edison Discover this stately Georgian Revival home, once owned by Otto Kern of Detroit’s legendary Kern Department Store. Located in the prestigious Boston-Edison Historic District, this residence effortlessly combines historic charm with modern comfort. The home’s exterior boasts a classic clay tile roof, lush landscaping, and a tranquil backyard retreat with a deck and patio, perfect for outdoor gatherings. Inside, you'll find generously sized living spaces, including a formal dining room, an inviting living room with a marble fireplace, and a large music room — once home to Dr. Nellie Ebersole, music teacher and owner of Art Center Music School. The music room, which could serve as a family room, opens to a secluded screened porch, ideal for peaceful relaxation. Exquisite details like hardwood floors throughout, intricate crown moldings, and a spacious butler’s pantry showcase the home’s craftsmanship. Downstairs, a charming billiard room with exposed brick and hardwood floors adds character and a perfect space for entertaining. Boston-Edison offers an ideal location, with over 900 historic homes dating from 1905 to 1925. Eligible for the NEZ-homestead 15-year property tax abatement, this iconic home is a rare opportunity to own a piece of Detroit’s architectural heritage

Details

Property type

Single Family Residence

Est. home value

$614,475

Lot size

0.25 acres

Price per sq ft

$125

Year built

1920

Annual property taxes

$6,152

HOA fee

$60

Price History

09/10/2024
Realcomp

Realcomp #20240067969

Listed
$625,000

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

Jpmorgan Chase Bank Na

Loan start date

September 2007

Original loan amount

$130,000

Est. remaining balance

$0

Interest rate

6.32%

Loan type

Not Provided, 15 year

Seller

Alex J Davis and Gwendolyn Esco Davis

Lender

Jpmorgan Chase Bank Na

Loan start date

September 2007

Original loan amount

$130,000

Est. remaining balance

$0

Interest rate

6.32%

Loan type

Not Provided, 15 year

Seller

Alex J Davis and Gwendolyn Esco Davis

Lender

Bank One Na

Loan start date

May 2004

Original loan amount

$23,200

Est. remaining balance

Not provided

Interest rate

5.52%

Loan type

Credit Line (Revolving), 20 year

Seller

Alex J Davis and Gwendolyn Esco Davis

Lender

Bank One Na

Loan start date

May 2004

Original loan amount

$23,200

Est. remaining balance

Not provided

Interest rate

5.52%

Loan type

Credit Line (Revolving), 20 year

Seller

Alex J Davis and Gwendolyn Esco Davis

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: 12/23/2024 at 10:15 AM

Listing updated: 09/14/2024 at 5:51 PM

Listed by: Austin Black II, @properties Christie's Int'l R.E. Detroit Phone #: (313) 230-0510

MLS: Realcomp #20240067969

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