Sold85d on market
1550 Cherboneau Pl APT 121
Detroit, MI, 48207 • Lafayette Park • Wayne County
$25,000
$36/sqft
1Beds
1Baths
700Sqft
1963Built
Property DNA
Common Entry Building,Ranch Style
Built 1963 · 63 years of history
Market activity
Demand and pricing signals for this listing
9 views
People checking out this listing
85 days on market
Established listing
$36/sqft
Price per square foot
About this home
Condo · Built 1963
Amazing price on your new historic Lafayette Park Co-op! This first floor, 1 bedroom unit is in need of some TLC and is priced accordingly. Make this home your own with fresh paint, new flooring, and appliances. Lots of storage space. You cannot beat the location, walkable to all of the best that Downtown has to offer: Dequindre Cut, Eastern Market, the Riverwalk, sporting events, dining & entertainment galore! Cherboneau Place offers residents a great community feel and many amenities included gated parking, beautiful grounds, a community room, library, on-site laundry, exercise room, workshop, and secure, private storage. There is also an elevator for added convenience. Included in the monthly HOA: property taxes, water, heat, building maintenance, a/c maintenance, trash. You cannot find a more affordable place to live. Co-op approval required for purchase. CASH terms, owner-occupied only. Pets are not permitted. Sale subject to probate court approval-Estate Sale.
Standout features identified
Our analysis highlights lots of storage space, beautiful grounds, and first floor as key attractions of this home.
Estimated monthly payment
Based on current rates
$838/month
Principal & Interest$130
Property Tax$25
Insurance$8
HOA$675
Down payment20% ($5,000)
3%50%
Est. 6.75% rate · 30yr fixed · $20,000 loan
Full calculator →At a glance
Key facts and listing details
TypeStock Cooperative
Year Built1963
HeatingBaseboard, Natural Gas
CoolingWall Units
ParkingParking Lot, No Garage
HOA$675 monthly
Property
Home typeCondo
Sub-typeStock Cooperative
StyleCommon Entry Building,Ranch
Year built1963
Stories1
Systems
HeatingBaseboard, Natural Gas
CoolingWall Units
ConstructionBrick
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingParking Lot, No Garage
BasementCommon,Unfinished
Location & Tax
NeighborhoodLafayette Park
Bathrooms & Fees
Full baths1
HOA$675/mo
Features & details
10 categories of property features
Interior Features
Interior
Elevator
Heating
Baseboard
Natural Gas
Cooling
Wall Units
Laundry
Common Area
Accessibility
Accessible Elevator Installed
Exterior Features
Exterior
Grounds Maintenance
Parking
Parking Lot
No Garage
Construction
Brick
Community
Sidewalks
Pool Features
None
Room details
5 rooms detailed
Primary Bedroom
Entry11×13 ft143 sqft
Other
Entry5×6 ft30 sqft
Dining Room
Entry8×7 ft56 sqft
Kitchen
Entry10×7 ft70 sqft
Living Room
Entry12×18 ft216 sqft
Listing insights
Market data and value estimates
StatusSold
Days on market85
Est. value$25,200
Est. rent$1,286/mo
Price/sqft$36
On marketApr 18, 2025
PostedJul 23, 2025
Last sold$25,000
MLS updatedJan 12, 2026
Tour days6
Views9
How are the schools in Detroit?
3 schools rated nearby
Location
Detroit, MI, 48207
Price history
7 events
DateEventPrice$/sqftSource
Jan 12, 2026Sold$25,000$36Realcomp II
Oct 17, 2025Pending Sale$29,900$43Realcomp II
Sep 16, 2025Price Change$29,900$43Realcomp II
Aug 14, 2025Price Change$34,900$50Realcomp II
Apr 18, 2025Listed For Sale$39,000$56Realcomp II
Apr 17, 2025Listing Removed$42,000$60Realcomp II
Feb 21, 2025Listed For Sale$42,000$60Realcomp II
Sold$25,000
Jan 12, 2026•$36/sqft•Realcomp II
Pending Sale$29,900
Oct 17, 2025•$43/sqft•Realcomp II
Price Change$29,900
Sep 16, 2025•$43/sqft•Realcomp II
Price Change$34,900
Aug 14, 2025•$50/sqft•Realcomp II
Listed For Sale$39,000
Apr 18, 2025•$56/sqft•Realcomp II
Listing Removed$42,000
Apr 17, 2025•$60/sqft•Realcomp II
Listed For Sale$42,000
Feb 21, 2025•$60/sqft•Realcomp II
Nearby homes
Neighborhood details
Local context around this listing
Detroit, MI • Wayne County
Nearby neighborhoods
BagleyBarton-McFarlandBrightmoorClaytownFranklin ParkHerman GardensMorningsideSouthwest DetroitSpringwellsWarrendale
Nearby cities
CantonDearbornDearborn HeightsDetroitLincoln ParkLivoniaNorthvilleRedford
Nearby zip codes
48205482124821948221482244822748228482344823548239
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