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78 Watson St, Detroit, MI, 48201

1beds
1baths
1,050sqft
$369,900
$352price/sqft
$2,809/moest. monthly cost
$112,360/yrincome needed

About This Home

Does it get better than Brush Park? Location of this Open concept Condo is unmatched with walking distance to some of Detroits best 5 star restaurants and nightlife. Secure your groceries at the Bodega down the street or head out on the town to any of the major ports arenas. This 1 bedroom 1 bath loft style condo feels much larger than the 1050 square feet stated. Large Island in the open Kitchen with seating of at least 4 people. The living area is spacious enough for an oversized sectional to enjoy a book or two from your original built in shelves. The additional dining space is large enough for two remote workers with plenty of room for 2 desks. The best part TAXES are under $1,000 annually with the NEZ abatement in place until 2034!!! Minimal HOA includes water. Lease terms are available as well.

Getting Around

90
WalkingVery Walkable
70
TransitExcellent Transit
90
BikeBiker's Paradise

Schools

4/10
3/10
Southeastern High SchoolGrades 9-124.4 mi

Construction

Condition

  • Year built: 1912

Materials

  • Foundation: Basement,Poured
  • Construction materials: Brick

Type & Style

  • Home type: Condo
  • Architectural style: Loft,Ranch
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Free Standing Gas Oven,Free Standing Refrigerator,Stainless Steel Appliances,Washer

Basement

  • Has basement: Yes
  • Basement: Common,Unfinished

Bedrooms & Bathrooms

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

Dining Room

  • Level: Entry
  • Area: 200
  • Dimensions: 10 X 20

Features

  • Finished area above ground: 1,050

Heating

  • Heating features: Electric,Forced Air,Wall Furnace

Interior Area

  • Total interior livable area: 1,050 sqft

Kitchen

  • Level: Entry
  • Area: 112
  • Dimensions: 14 X 8

Laundry

  • Level: Entry
  • Area: 12
  • Dimensions: 3 X 4

Living Room

  • Level: Entry
  • Area: 340
  • Dimensions: 20 X 17

Other

  • Level: Entry
  • Area: 72
  • Dimensions: 12 X 6

Primary Bedroom

  • Level: Entry
  • Area: 168
  • Dimensions: 12 X 14

Property

Details

  • Parcel number: W27I190267S
  • Special condition: Short Sale No,Standard
  • Exclusions: Exclusion(s) Do Not Exist

Features

  • Levels: One
  • Stories: 1
  • Entry location: GroundLevel

Parking

  • Total spaces: 1
  • Parking features: One Car Garage,Detached
  • Has garage: Yes
  • Attached garage spaces: 1

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
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
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 $1,870$22,440
Home Insurance *$298$3,576
Property Taxes $453$5,436
Electricity $188$2,259
Total$2,809$33,708
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$96,308/yr
40% on housing$84,270/yr
45% on housing$74,906/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

$352This listing

vs Other Active Listings

Avg $/sqft

ZIP 48201$231
Wayne County$99

vs Homes Sold Last Month

Median $/sqft

ZIP 48201$195
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
2026-03-04Listed for sale$379,900
2023-11-27Listing removed--
2022-03-28Listing removed$339,900
2022-01-08Listing removed--
2021-10-27Listed for rent$1,800
2021-09-28Listed for sale$339,900
2016-02-15Sold$300,000
2009-04-29Sold$27,500
2004-07-20Sold$215,000
2004-05-06Sold$227,400
2004-02-09Sold$225,000
2003-10-29Sold$181,404

For Sale by Agent

AgentKatie Wheeler
BrokerageMatch Realty

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