Welcome to the historic Sherbrooke building! This fabulous condo is located in the heart of Downtown Detroit and Midtown. Conveniently located close to Wayne State University, restaurants, bars, shopping, and coffee shops. This beautiful 1-bedroom unit features an open floor plan that combines the kitchen, living room, and dining area! Great for modern living and entertaining! You'll love the beautiful real wood floors, granite counter tops, and stainless-steel appliances. This unit also offers its own in unit laundry, a door to a covered porch, secure general parking for 1, and plenty of storage (including a basement storage area), and bicycle storage. The building also has a keyless entry system with camera. Enjoy all of the perks of living in a bustling downtown community at a great price!
Property Details
Property Features
Property Information:
Architectural Style: Ranch
Year Built: 1920
Stories: 1
Living Area: 760 SqFt
Listing Office:
Office Name: RE/MAX First
Office Phone: (586) 781-2900
Listing Agent: James D Wellington
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 1
Exterior Features
Exterior Information:
Private Pool: No
Utilities
Utilities Information:
Heating: Natural Gas, Forced Air
Other
Directions Information:
Directions: W Warren & Woodward
Price Information
Listing Price Info
Price Summary:
List Price: $275,000
Price Per SqFt: $362/SqFt
HOA Fees:
Amount: $350
Frequency: Annually
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Detroit, MI.
This property is $193.9K more than the Median Sold Price and $291/SqFt more than other homes in Detroit, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20240031576
Listing Office:
Office Name: RE/MAX First
Office Phone: (586) 781-2900
Listing Agent: James D Wellington
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,469
Per Month
Principal & Interest
$1,373
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$29
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$891
Powered By
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
1
/10
University Preparatory Academy (PSAD) Elementary School
957 Holden St
Distance between this listing and this school0.70 miles
Public Charter Grades KG-5
2
/10
University Preparatory Academy (Psad) Elementary School
435 Amsterdam St
Distance between this listing and this school0.84 miles
Public Charter Grades KG-5
7
/10
The James and Grace Lee Boggs School
4141 Mitchell St
Distance between this listing and this school1.87 miles
Public Charter Grades KG-4
Nearby Schools
3
/10
University Preparatory Science and Math (PSAD) Middle School
5100 John R St
Distance between this listing and this school0.48 miles
Public Charter Grades 6-8
1
/10
University Preparatory Academy (Psad) - Middle School
5310 Saint Antoine St
Distance between this listing and this school0.80 miles
Public Charter Grades 6-8
2
/10
George Crockett Academy
4851 14th St
Distance between this listing and this school0.98 miles
Public Charter Grades KG-8
Nearby Schools
4
/10
University Preparatory Academy (Psad)-High School
600 Antoinette St
Distance between this listing and this school0.66 miles
Public Charter Grades 9-12
2
/10
Henry Ford Academy: School for Creative Studies (PSAD)
485 W Milwaukee St
Distance between this listing and this school1.04 miles
Public Charter Grades 6-12
5
/10
Detroit Edison Public School Academy
1903 Wilkins St
Distance between this listing and this school1.58 miles
The neighbors living near this home have an average income of $29,219. Most Detroit, MI residents have annual incomes less than $35k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 615 W Hancock St Unit 203/ # 7
What is the listing price of this property?
The listing price of 615 W Hancock St Unit 203/ # 7 property is $275,000.
What type of property is this?
The property 615 W Hancock St Unit 203/ # 7 is a condo located in Detroit, Michigan, 48201.
Is this property for sale now?
Active Listing: 615 W Hancock St Unit 203/ # 7 is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 615 W Hancock St Unit 203/ # 7 has 1 bedroom and 1 bathroom.
What is the square footage of this property?
The property 615 W Hancock St Unit 203/ # 7 is 760 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 615 W Hancock St Unit 203/ # 7 is 1920.
This home is located at 615 W Hancock St Unit 203/ # 7 in Detroit, MI and zip code 48201 in the Downtown neighborhood. This 760 square foot home was built in 1920. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since May 10, 2024 and is currently priced at $275,000.
In April 2024, from all listings sold in Detroit, MI there were more than 94 sold above asking price, over 243 sold below and more than 89 were sold right at the asked price. Between March 2024 and April 2024, Detroit, MI real estate market has seen increase in the number of listings by 12.7%. Listings spent 45 days on the market in April 2024, and had a median list price of $81,036 during the same period.
From Rocket Homes Real Estate and based on county public records data.