Sold
330 Gratiot Avenue, 1505, Detroit, MI 48226
Sold on 12/27/2024 for$490,000
MLS # 20240090599 (Realcomp)
2 beds2 baths1,043 sqftBuilt 20210 acres
1 / 46
Listing Description
Elevate your lifestyle in this modern, spacious 2-bedroom, 2-bathroom 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. Equipped with in- unit laundry for added convenience.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
This 2-bedroom, 2-bath, 1,043 sq ft home built in 2021 sits in Central Business District in Detroit.
This home sold for $490,000 (about $470/sq ft).
Property tax estimate: $20,494 per year ($1,708/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. Broadband is available with download speeds up to 2,000 Mbps from 8 providers.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms2
Bathrooms2
Living Area1,043 sqft
Year Built2021
Stories1
Location
CityDetroit
Zip Code48226
CountyWayne
School DistrictDetroit City School District
Construction & Systems
ConstructionOther
BasementSlab
HeatingForced Air
WaterPublic
SewerPublic
InteriorHome Warranty
Sale & Financing
Listed12/4/2024
Sold Date12/26/2024
Terms AcceptedCash, Conventional
HOA
HOA Fee$586 / Monthly
IncludesTrash
Source: SparkMLS
Tax Information
Annual Tax$31,930
Tax Year2025
State Equalized Value$319,300
Assessed Value$319,300
Parcel #01000207.003
Source: Public Records
Legal Description
Condo Parent - Wayne County Condo Plan No 1164 The Exchange Residence Recorded L56495
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, 1505, Detroit, MI 48226
Which school district serves 330 Gratiot Avenue, 1505, Detroit, MI 48226?
Per MLS# 20240090599, 330 Gratiot Avenue, 1505, Detroit, MI 48226 is in the Detroit City School District boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit City School District directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 20240090599, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 330 Gratiot Avenue, 1505, Detroit, MI 48226?
Per public tax records, annual property taxes for this property are $27,798. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 330 Gratiot Avenue, 1505, 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, 1505, 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 internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 330 Gratiot Avenue, 1505, Detroit, MI 48226. The maximum advertised download speed is 2.0 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 330 Gratiot Avenue, 1505, 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$20,494
Monthly$1,708
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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Monthly payment$5,530
Principal & interest$3,237
Property taxes$1,708
HOA$586
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
2 Gbps
Upload
250 Mbps
CableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
8 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
330 Gratiot Avenue, 1505, 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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