See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

291 E Palmer St #12, Detroit, MI, 48202

1beds
1baths
810sqft
$275,000
$340price/sqft
$2,503/moest. monthly cost
$100,120/yrincome needed

About This Home

Open house! Saturday, May 16th from 12pm-2pm. Stylish end unit condo in Detroit's Art Center/Midtown featuring a fully renovated multi-level layout with an attached garage and private balcony off the main living space. Bright entry-level living area welcomes you with vinyl plank flooring, recessed lighting, and a convenient laundry closet housing a stackable washer/dryer, plus direct access to the attached one-car garage. Head upstairs to the open main living level with maple hardwood flooring, crown molding throughout, and an abundance of natural light streaming in. Updated kitchen showcases shaker cabinetry, granite counters, subway tile backsplash, farmhouse sink, and stainless steel appliances. Spacious dining area is anchored by a cozy corner fireplace with French doors leading out to the private balcony. Generously sized carpeted bedroom features a ceiling fan, crown molding, and a walk-in closet. Updated full bath with a white subway tile tub surround. 24 hour monitored security system included. Within walking distance to the Q Line, Woodward Ave, WSU, DMC, museums, Whole Foods, and a wealth of Midtown restaurants and shops. Easy access to all major freeways for travel throughout Metro Detroit. Welcome Home!

Getting Around

80
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
  • Construction materials: Brick

Type & Style

  • Home type: Townhouse
  • Architectural style: End Unit,Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Free Standing Electric Oven,Free Standing Refrigerator,Microwave,Washer

Bedrooms & Bathrooms

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

Features

  • Fireplace features: Dining Room,Gas
  • Fireplace: Yes
  • Finished area above ground: 810

Great Room

  • Level: Second
  • Area: 315
  • Dimensions: 21 X 15

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 810 sqft

Kitchen

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

Living Room

  • Level: Entry
  • Area: 156
  • Dimensions: 13 X 12

Other

  • Level: Second
  • Area: 40
  • Dimensions: 8 X 5

Primary Bedroom

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

Property

Details

  • Parcel number: W01I001560S006
  • Special condition: Short Sale No,Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: GroundLevelwSteps
  • Patio & porch: Porch
  • Exterior features: Balcony,Lighting

Parking

  • Total spaces: 1.5
  • Parking features: Oneand Half Car Garage,Attached
  • 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 $1,390$16,680
Home Insurance *$589$7,068
Property Taxes $336$4,032
Electricity $188$2,259
Total$2,503$30,036
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$85,817/yr
40% on housing$75,090/yr
45% on housing$66,746/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

$340This 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
2022-06-28Sold$280,000
2022-06-17Pending sale$294,900
2022-05-26Price change$294,900
2022-04-04Listed for sale$314,900
2006-12-04Sold$149,902

Coming Soon

AgentJim Shaffer
BrokerageGood Company

Similar Homes