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Back 121/1550 Cherboneau Place
Off Market

121/1550 Cherboneau Place

Detroit MI 48207

1
1
700 sq. ft.
Condo
Last sold for $25,000
Adrienne StewartAdrienne Stewart, last sold this property on 12 January 2026 after 268 days on market.

Overview

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.

Features

1 bedroom
1 bathroom
700 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 1 bedroom condos sold in Detroit over the last 12 months, the estimated median property value of 121/1550 Cherboneau Place is $96k.

Median value
$96k
Estimated value range
$1.18k - $287.75k
Median days on market
76
Estimated value trend
-12%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Detroit. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 121/1550 Cherboneau Place

2026
Sold
$25,000
12 Jan 2026 by Adrienne Stewart, of Keller Williams Home

Happy sellers in Detroit

92%
92% of sellers in Detroit reported that their sale price either exceeded or met their price expectations.

Detroit stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Detroit over the last 12 months.

Local market activity for 1 bedroom condos in Detroit

In the last 12 months, 35 one-bedroom condos similar to 121/1550 Cherboneau Place, have been sold.

This represents a 19% increase in one-bedroom condos sales when compared to the previous 12 months.

Nearby agents

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Randall Fogelman

Sellers who recommend Randall Fogelman have praised them for being local expert, supportive, responsive, reliable, clear communication, great negotiation, and well-prepared

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Arianna Lee

Sellers who recommend Arianna Lee have praised them for being local expert, clear communication, responsive, patient, supportive, pleasant, and dedicated

  •   5   (116 reviews)
  •  2 Reviews in Detroit
  •  1 Sale in Detroit
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Griffin Krebsbach

Griffin Krebsbach is a recommended agent for Detroit.  They have 4 local sales across the last 12 months.

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Isaac Oserin

Isaac Oserin is a recommended agent for Detroit.  They have 3 local sales across the last 12 months.

  •  3 Sales in Detroit
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