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Sold for $400,000
  • $400,000

    525 W Lafayette Blvd #14A, Detroit, MI 48226

    2beds
    1,400sqft
    Condominium
    Built in 1918
    -- sqft lot
    $414,500 Zestimate®
    $286/sqft
    $3,492 Estimated rent

    Home value

    $414,500

    $373,000 - $460,000

    $3,492/mo

    Zestimate® history
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    What's special

    NO ROCKET MORTGAGE- BACK ON MARKET DUE TO BUYER FINANCING FAILURE Your opportunity to own one of only fifty-six residences in a historic tower designed by Albert Kahn in 1927. Amenities include an on site restaurant, separate bar and lounge area, coffee shop serving snacks and other items, 24/7 fitness center, private residential lobby & concierge and gated parking. Very low NEZ property taxes available to investors and owner-occupants alike until 2033. This is YOUR chance to get in whilst you can at this price point in prime Detroit real estate for this size and location.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nusrat Moghul 248-931-4212,

    Arterra Luxe Collection LLC

    Bought with:

    John K Goodman, 6501250708

    Century 21 Curran & Oberski

    Source: Realcomp II,MLS#: 20250031010MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: Entry
    • Area: 176
    • Dimensions: 11 x 16
    Bedroom
    • Level: Entry
    • Area: 120
    • Dimensions: 10 x 12
    Primary bathroom
    • Level: Entry
    • Area: 84
    • Dimensions: 6 x 14
    Other
    • Level: Entry
    • Area: 90
    • Dimensions: 9 x 10
    Dining room
    • Level: Entry
    • Area: 100
    • Dimensions: 10 x 10
    Kitchen
    • Level: Entry
    • Area: 117
    • Dimensions: 9 x 13
    Living room
    • Level: Entry
    • Area: 483
    • Dimensions: 21 x 23
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Features
    • Basement: Common,Interior Entry,Partial,Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,400 sqft
    • Finished area above ground: 1,400

    Property

    Parking
    • Parking features: Assigned 2 Spaces, Parking Lot, No Garage
    Features
    • Levels: One
    • Stories: 1
    • Entry location: GroundLevel
    Details
    • Parcel number: W04I000118S028
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Common Entry Building,Historic,High Rise
    • Property subtype: Condominium
    Materials
    • Brick
    • Foundation: Basement, Poured, Slab
    Condition
    • New construction: No
    • Year built: 1918
    • Major remodel year: 2020

    Utilities & green energy

    • Sewer: Sewer At Street
    • Water: Waterat Street

    Community & HOA

    Community
    • Subdivision: WAYNE COUNTY CONDO PLAN NO 945 (FORT SHELBY HOTEL CONDO)
    HOA
    • Has HOA: Yes
    • HOA fee: $663 monthly
    • HOA phone: 313-327-5590
    Location
    • Region: Detroit

    Financial & listing details

    • Price per square foot: $286/sqft
    • Tax assessed value: $22,500
    • Annual tax amount: $1,801
    • Date on market: 5/10/2025
    • Cumulative days on market: 49 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,Va Loan
    • Exclusions: Exclusion(s) Do Not Exist

    Price history

    DateEventPrice
    7/29/2025Sold$400,000-1.2%$286/sqft
    Source: Realcomp II #20250031010 Report a problem
    7/18/2025Pending sale$405,000$289/sqft
    Source: Realcomp II #20250031010 Report a problem
    7/7/2025Price change$405,000-1.2%$289/sqft
    Source: Realcomp II #20250031010 Report a problem
    6/24/2025Price change$410,000-1.2%$293/sqft
    Source: Realcomp II #20250031010 Report a problem
    6/22/2025Price change$414,9990%$296/sqft
    Source: Realcomp II #20250031010 Report a problem
    6/13/2025Listed for sale$415,000$296/sqft
    Source: Realcomp II #20250031010 Report a problem
    5/24/2025Pending sale$415,000$296/sqft
    Source: Realcomp II #20250031010 Report a problem
    5/10/2025Listed for sale$415,000-7.8%$296/sqft
    Source: Realcomp II #20250031010 Report a problem
    9/9/2024Listing removed$450,000$321/sqft
    Source: Realcomp II #20240014630 Report a problem
    4/17/2024Price change$450,000-1.1%$321/sqft
    Source: Realcomp II #20240014630 Report a problem
    3/8/2024Listed for sale$455,000-1.1%$325/sqft
    Source: Realcomp II #20240014630 Report a problem
    1/22/2024Listing removed--
    Source: Realcomp II #20230062050 Report a problem
    11/17/2023Price change$460,000-3.2%$329/sqft
    Source: Realcomp II #20230062050 Report a problem
    9/5/2023Price change$475,000-2.1%$339/sqft
    Source: Realcomp II #20230062050 Report a problem
    7/28/2023Price change$485,000+16.9%$346/sqft
    Source: Realcomp II #20230062050 Report a problem
    2/15/2022Pending sale$415,000$296/sqft
    Source: Realcomp II #2210028577 Report a problem
    2/3/2022Price change$415,000+1.2%$296/sqft
    Source: Realcomp II #2210028577 Report a problem
    12/6/2021Listed for sale$410,000$293/sqft
    Source: Realcomp II #2210028577 Report a problem
    10/13/2021Pending sale$410,000$293/sqft
    Source: Realcomp II #2210028577 Report a problem
    4/26/2021Listed for sale$410,000$293/sqft
    Source: Realcomp II #2210028577 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $414,500
    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
    $414,500