Sold
330 GRATIOT Avenue, 1503, Detroit, MI 48226
Sold on 05/01/2026 for$350,000
MLS # 20261017062 (Realcomp)
1 bed1 bath840 sqftBuilt 2021
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Listing Description
Elevate your lifestyle in this modern 1-bedroom, 1-bathroom unit condo located on the 15th floor of a premier high-rise building in downtown Detroit with plenty of space for entertaining and guests. With incredible views of the city skyline, this stylish condo designed with high-end finishes and a beautiful gourmet kitchen featuring a large island with sleek countertops, a Sub-Zero Refrigerator, Wolf Range, and Asko Dishwasher, and microwave. Large laundry room with new cabinets for plenty of added storage and quartz countertops. The eXchange offers an array of world-class amenities, including a beautiful club room, and a fully-equipped workout room, 24/7 valet service with the option to purchase multiple parking spaces, tech-driven package room, and smart technology with touch-free access. Located in the heart of Detroit, the eXchange offers easy access to downtowns best restaurants, shopping, parks, stadiums and entertainment. Don't miss your chance to experience upscale urban living at its best. Schedule your tour today!
Source: SparkMLS
About this home
Located in Central Business District in Detroit, this property offers 1-bedroom, 1-bath, 840 sq ft, with original construction dating to 2021.
Closed at $350,000 (about $417/sq ft).
Annual property taxes run approximately $16,232 ($1,353/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms1
Bathrooms1
Living Area840 sqft
Year Built2021
Stories1
Location
CityDetroit
Zip Code48226
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionOther
BasementSlab
Garage6 spaces
HeatingForced Air
WaterPublic
SewerPublic
InteriorElevator, Home Warranty
Sale & Financing
Listed3/16/2026
Sold Date4/30/2026
Terms AcceptedCash, Conventional
HOA
HOA Fee$511 / Monthly
IncludesTrash, Water
Source: SparkMLS
Tax Information
Annual Tax$25,290
Tax Year2025
State Equalized Value$252,900
Assessed Value$252,900
Parcel #01000207.002
Source: Public Records
Legal Description
UNIT 2 WAYNE COUNTY CONDO PLAN NO 1164 "THE EXCHANGE RESIDENCES" RECORDED L56495 P988, W C R 840 SQFT 4.17%SPLIT ON 12/22/2021 FROM 01000206.003
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Lisa M Lipari
DOBI Real Estate
Frequently Asked Questions about 330 GRATIOT Avenue, 1503, Detroit, MI 48226
Which school district serves 330 GRATIOT Avenue, 1503, Detroit, MI 48226?
Per MLS# 20261017062, 330 GRATIOT Avenue, 1503, Detroit, MI 48226 is in the Detroit boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 20261017062, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 330 GRATIOT Avenue, 1503, Detroit, MI 48226 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 330 GRATIOT Avenue, 1503, Detroit, MI 48226 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 330 GRATIOT Avenue, 1503, Detroit, MI 48226?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Map
Tax Estimate
$
Annual tax$16,232
Monthly$1,353
Millage rate64.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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%
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Monthly payment$4,134
Principal & interest$2,270
Property taxes$1,353
HOA$511
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
330 GRATIOT Avenue, 1503, Detroit, MI 48226
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Neighborhood
Central Business District
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Community
Detroit
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County
Wayne County
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