Sold
3320 Spinnaker Lane, 16E, Detroit, MI 48207
Sold on 06/28/2024 for$186,000
MLS # 2220005504 (Realcomp)
1 bed1 bath740 sqftBuilt 1987
1 / 1
Listing Description
Developer unit with 14 more years of low taxes w/ NEZ tax abatement! Enjoy Downtown facing views at Spinnaker Tower! A full 2020 renovation adds a modern feel to Detroit Riverfront living. This 1 bedroom, 1 bathroom condo features a wall full of bright windows, an updated kitchen with brand new appliances, white quartz countertops, Milano high gloss cabinets as well as new in-unit GE washer and dryer. Clean lines, exposed columns and polished concrete floors give this space a modern vibe! Spinnaker Tower is located within Harbortown, a 24-hour secure gated community located along Detroit's Riverwalk. Residents have access to multiple swimming pools, tennis courts, jogging trails, bikes, the marina, fitness center and brand new community center! 1 assigned parking space is included.
Source: SparkMLS
About this home
1-bedroom, 1-bath, 740 sq ft home in Detroit built in 1987.
Closed at $186,000 (about $251/sq ft).
Property tax estimate: $4,365 per year ($364/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms1
Bathrooms1
Living Area740 sqft
Year Built1987
Stories1
Location
CityDetroit
Zip Code48207
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
BasementSlab
Garage1 space
HeatingForced Air, Heat Pump
WaterPublic
Sale & Financing
Listed1/25/2022
Sold Date6/27/2024
Original Price$231,000
Terms AcceptedCash, Conventional
HOA
HOA Fee$750 / Monthly
Source: SparkMLS
Tax Information
Annual Tax$941
Tax Year2025
State Equalized Value$68,000
Assessed Value$68,000
Parcel #13000119.038
Source: Public Records
Legal Description
N E JEFFERSON UNIT 88 WAYNE COUNTY PLAN NO 774 SPINNAKER TOWER CONDOMINIUM RECORDED L40502 P37-126 FIRST AMENDMENT RECORDED L P 13/350 0.99% 3320 SPINNAKER LANE APT 16E
Property Records
USDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Hannah J Hoppough
@properties Christie's Int'l R.E. Detroit
Frequently Asked Questions about 3320 Spinnaker Lane, 16E, Detroit, MI 48207
Which school district serves 3320 Spinnaker Lane, 16E, Detroit, MI 48207?
Per MLS# 2220005504, 3320 Spinnaker Lane, 16E, Detroit, MI 48207 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# 2220005504, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 3320 Spinnaker Lane, 16E, Detroit, MI 48207?
Per public tax records, annual property taxes for this property are $1,559. 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, 3320 Spinnaker Lane, 16E, Detroit, MI 48207 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
What utilities serve 3320 Spinnaker Lane, 16E, Detroit, MI 48207?
Per Michigan Public Service Commission service territory data: 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.
Tax Estimate
$
Annual tax$4,365
Monthly$364
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$2,410
Principal & interest$1,297
Property taxes$364
HOA$750
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Property
3320 Spinnaker Lane, 16E, Detroit, MI 48207
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County
Wayne County
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