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Sold for $220,000
  • $220,000

    242 E Palmer St APT 6, Detroit, MI 48202

    2beds
    1,040sqft
    Condominium
    Built in 1920
    -- sqft lot
    $212,500 Zestimate®
    $212/sqft
    $1,864 Estimated rent

    Home value

    $212,500

    $187,000 - $236,000

    $1,864/mo

    Zestimate® history
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    What's special

    Gas fireplaceDetroit historical museumEast palmer street condoWalk-in showerBeautiful wood trimCeramic tiled spa-like bathroomArt center
    This two-bedroom East Palmer Street condo features hardwood floors, the living room includes a gas fireplace, and the dining room has beautiful wood trim and beams. Enjoy a ceramic tiled spa-like bathroom with a walk-in shower. This unit also includes a private 1.5 garage with plenty of extra storage space. Live within close proximity to the QLine Ferry Street station, the DIA, Charles H. Wright Museum, Detroit Historical Museum, Science Center, and Wayne State University. Art Center residents benefit from a quant neighborhood while enjoying Midtown's vibrancy and amenities. This condo qualifies for the NEZ-homestead property tax abatement.

    Zillow last checked:

    Listing updated:

    Listed by:

    Austin Black II 313-550-2307,

    @properties Christie's Int'l R.E. Detroit

    Bought with:

    Justin Johnson, 6501364163

    River Shore Realty, LLC

    Source: Realcomp II,MLS#: 20230060748MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom
    • Level: Entry
    • Area: 117
    • Dimensions: 9 x 13
    Bedroom
    • Level: Entry
    • Area: 121
    • Dimensions: 11 x 11
    Other
    • Level: Entry
    • Area: 88
    • Dimensions: 11 x 8
    Dining room
    • Level: Entry
    • Area: 228
    • Dimensions: 19 x 12
    Kitchen
    • Level: Entry
    • Area: 117
    • Dimensions: 9 x 13
    Library
    • Level: Entry
    • Area: 84
    • Dimensions: 7 x 12
    Living room
    • Level: Entry
    • Area: 224
    • Dimensions: 14 x 16
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Free Standing Gas Range, Microwave, Washer
    • Laundry: In Unit
    Features
    • Has basement: No
    • Has fireplace: Yes
    • Fireplace features: Gas, Living Room
    Interior area
    • Total interior livable area: 1,040 sqft
    • Finished area above ground: 1,040

    Property

    Parking
    • Total spaces: 1
    • Parking features: One Car Garage, Alley Access, Detached, Electricityin Garage
    • Garage spaces: 1
    Features
    • Levels: One Story Up
    • Stories: 1
    • Entry location: UpperLevelwSteps
    • Patio & porch: Deck
    • Exterior features: Balcony
    Details
    • Parcel number: W01I001534S006
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Historic
    • Property subtype: Condominium
    Materials
    • Brick, Stone, Wood Siding
    • Foundation: Slab
    • Roof: Rubber
    Condition
    • New construction: No
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Above Ground Utilities, Cable Available

    Community & neighborhood

    Location
    • Region: Detroit
    • Subdivision: WAYNE COUNTY CONDO PLAN NO 888 (LANCASTER LOFTS)

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $350 monthly
    • Services included: Maintenance Grounds, Maintenance Structure, Sewer, Snow Removal, Water

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,Warranty Deed

    Price history

    DateEventPrice
    11/13/2023Sold$220,000-2.2%$212/sqft
    Source: Realcomp II #20230060748 Report a problem
    7/24/2023Listed for sale$225,000+27.8%$216/sqft
    Source: Realcomp II #20230060748 Report a problem
    2/20/2015Sold$176,000+0.6%$169/sqft
    Source: Public Record Report a problem
    11/21/2014Listing removed$175,000$168/sqft
    Source: Keller Williams #214113374 Report a problem
    9/26/2014Price change$175,000-2.8%$168/sqft
    Source: RE/MAX Showcase Homes #214072560 Report a problem
    9/19/2014Price change$180,000-2.7%$173/sqft
    Source: RE/MAX Showcase Homes #214072560 Report a problem
    7/19/2014Listed for sale$185,000$178/sqft
    Source: RE/MAX Showcase Homes #214072560 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $8,700
    2024-- $8,700
    2023-- $8,700 -93.9%
    2022-- $142,600 +1539.1%
    2021-- $8,700
    2020$236 +24.2%$8,700 +29.9%
    2019$190 $6,700
    2018$190 $6,700
    2017-- $6,700 -91.8%
    2016$153 $81,800 +2929.6%
    2015$153 -42.9%$2,700 +0.6%
    2013$268 +75.1%$2,683
    2010$153 $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
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    Estimated market value
    $212,500
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $212,500