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281 E Palmer St #7, Detroit, MI, 48202

1beds
1baths
1,128sqft
$272,000
$241price/sqft
$2,159/moest. monthly cost
$86,360/yrincome needed

About This Home

For those who want to be immersed in Detroit's energy without sacrificing comfort or privacy, this residence strikes an uncommon balance - A distinctive two-story residence offers a refreshing alternative to conventional condo living. The upper level features an open living and dining area, spacious bedroom with a walk-in closet and a beautifully renovated bathroom showcasing oversized designer tile, a floating vanity, illuminated smart mirror and refined spa-inspired finishes. The kitchen combines clean contemporary styling with light maple cabinetry, a free standing island and an effortless layout ideal for both entertaining and daily life. A secluded balcony nestled within the surrounding tree canopy creates a peaceful outdoor escape rarely found in the heart of the city. On the entry level, a versatile flex room provides endless possibilities as a home office, guest suite, fitness space, creative studio or future second bedroom. Additional highlights include a rare attached 1.5-car garage with exceptional storage, in-unit laundry, unrestricted street parking and the opportunity to purchase the residence fully furnished for a seamless move-in experience. Perfectly positioned in Detroit's Art and Cultural Center District, this home offers an elevated lifestyle surrounded by the city's most celebrated architecture. First time home buyers - be sure to check out the Detroit First Time Home Buyer Assistance Program for details about closing cost grants!

Getting Around

79
WalkingVery Walkable
55
TransitGood Transit
79
BikeVery Bikeable

Schools

5/10
3/10
Southeastern High SchoolGrades 9-124.4 mi

Construction

Condition

  • Year built: 2007

Materials

  • Foundation: Slab
  • Roof: Asphalt
  • Construction materials: Brick

Notable Dates

  • Major remodel year: 2024

Type & Style

  • Home type: Townhouse
  • Architectural style: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Electric Cooktop,Energy Star Qualified Dryer,Energy Star Qualified Dishwasher,Energy Star Qualified Washer,Free Standing Electric Oven,Free Standing Refrigerator,Vented Exhaust Fan,Warming Drawer
  • Laundry features: In Unit

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Entrance Foyer,ENERGYSTAR Qualified Light Fixtures,High Speed Internet,Programmable Thermostat
  • Window features: Egress Windows,Energy Star Qualified Windows
  • Finished area above ground: 1,128

Flex Room

  • Level: Entry
  • Area: 154
  • Dimensions: 11 X 14

Heating & Cooling

  • Heating features: ENERGYSTAR Qualified Furnace Equipment,Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,128 sqft

Kitchen

  • Level: Second
  • Area: 195
  • Dimensions: 15 X 13

Living Room

  • Level: Second
  • Area: 165
  • Dimensions: 11 X 15

Other

  • Level: Second
  • Area: 35
  • Dimensions: 5 X 7

Other

  • Level: Entry
  • Area: 60
  • Dimensions: 6 X 10

Primary Bedroom

  • Level: Second
  • Area: 195
  • Dimensions: 15 X 13

Property

Details

  • Parcel number: W01I001560S001
  • Special condition: Short Sale No,Standard
  • Exclusions: Exclusion(s) Do Not Exist

Features

  • Levels: Two
  • Stories: 2
  • Entry location: GroundLevelwSteps
  • Pool features: None
  • Patio & porch: Porch
  • Exterior features: Balcony,Grounds Maintenance,Lighting,Private Entrance

Parking

  • Total spaces: 1.5
  • Parking features: Oneand Half Car Garage,Alley Access,Attached,Direct Access,Electricityin Garage,Garage Door Opener,Garage Faces Rear
  • Has garage: Yes
  • Attached garage spaces: 1.5

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Strong Wind
Tornado
Tsunami

FEMA Declared Disasters in Wayne County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,375$16,500
Home Insurance *$583$6,996
Property Taxes $13$156
Electricity $188$2,259
Total$2,159$25,908
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$74,022/yr
40% on housing$64,770/yr
45% on housing$57,573/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$241This listing

vs Other Active Listings

Avg $/sqft

ZIP 48202$125
Wayne County$99

vs Homes Sold Last Month

Median $/sqft

ZIP 48202$92
Wayne County$129

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-28Price change$272,000
2026-05-21Listed for sale$284,900

For Sale by Agent

AgentAmy Parsons
Brokerage@properties Christie's Int'l R.E. Birmingham

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