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Off market
  • $207,400

    242 E Palmer St APT 5, Detroit, MI 48202

    2beds
    944sqft
    Condo
    Built in 1920
    -- sqft lot
    $207,400 Zestimate®
    $220/sqft
    $1,973 Estimated rent

    Home value

    $207,400

    $189,000 - $230,000

    $1,973/mo

    Zestimate® history
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    What's special

    In the Art Center district of Midtown discover this two bedroom, historic and charming condominium. Historic features such as exposed brick, formal dining, original wood trim and coffered ceilings, original built ins; Plus modern updates, like a newer galley kitchen with shaker cabinets, stainless steel appliances and granite countertops, bathroom with tub/shower combination and subway tile. A quiet neighborhood in walking distance to Detroit's cultural gems and institutions, easy access to freeways, a few blocks from shopping, dining and the Q-Line. Large balcony connected to the living room, private deck in the back off of the kitchen. Garage parking, plus additional overflow parking on lot. Pet friendly building, low HOA fees, private basement storage. Professionally painted, throughout. Hot water heater, washer/dryer, exterior doors, hardwood floors, all recently replaced/refinished. Living room light fixture not included in the sale. Eligible for the NEZ-Homestead tax abatement!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Refrigerator
    Features
    • Flooring: Hardwood
    • Basement: Yes
    Interior area
    • Total interior livable area: 944 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Detached
    Features
    • Exterior features: Brick
    Lot
    • Size: 1 Acres
    Details
    • Parcel number: 01001534005

    Construction

    Type & style
    • Home type: Condo
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1920

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $747 monthly
    Location
    • Region: Detroit

    Financial & listing details

    • Price per square foot: $220/sqft
    • Tax assessed value: $88,900

    Price history

    DateEventPrice
    1/1/2022Listing removed--
    Source: BHHS broker feed Report a problem
    12/2/2021Pending sale$225,000$238/sqft
    Source: Realcomp II #2210068434 Report a problem
    11/18/2021Price change$225,000-5.9%$238/sqft
    Source: Realcomp II #2210068434 Report a problem
    10/6/2021Price change$239,000-4%$253/sqft
    Source: Realcomp II #2210068434 Report a problem
    6/23/2021Listed for sale$249,000+46.5%$264/sqft
    Source: Berkshire Hathaway HomeServices #2210046554 Report a problem
    4/29/2015Sold$170,000$180/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $88,900 +921.8%
    2024-- $8,700
    2023-- $8,700
    2022-- $8,700
    2021-- $8,700
    2020$444 +133.8%$8,700 +29.9%
    2019$190 $6,700
    2018$190 $6,700
    2017-- $6,700 -91.8%
    2016$208 $81,800 +2929.6%
    2015$208 -22.3%$2,700 +0.6%
    2013$268 +28.7%$2,683
    2010$208 $2,683
    2009-- $2,683 -94.6%
    2008-- $49,769 -1.5%
    2007-- $50,512
    Find assessor info on the county website

    Neighborhood: Art Center

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Detroit

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $207,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $207,400