Sold
78 Watson Street, 16, Detroit, MI 48201
Sold on 02/20/2026 for$328,000
MLS # 20251036973 (Realcomp)
1 bed1 bath1,121 sqftBuilt 1912
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Listing Description
Welcome to the Historic District of Brush Park! This warehouse-style loft is located in the historic Carola building. Enjoy breath taking views of Downtown Detroit and the ultimate in urban living from the sixth floor of this stunning one bedroom unit featuring an open concept with a private bedroom area and impressive walk-in closet. Hardwood floors throughout, built-in shelves, kitchen with stainless steel appliances and concrete countertops, gated parking lot with private one car garage and secure keyless entrance. Perfectly located within walking distance to all four of the major stadiums, parks, restaurants, shopping, entertainment and more... Whether you're a first-time buyer, investor, or looking for a weekend city retreat, this warehouse-style loft checks all the boxes. Take advantage of the NEZ Homestead tax abatement to save you money.
Source: SparkMLS
About this home
Located in Lower Woodward in Detroit, this property offers 1-bedroom, 1-bath, 1,121 sq ft, with original construction dating to 1912.
Closed at $328,000 (about $293/sq ft).
Estimated annual property tax: $770, or about $64 monthly. 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. Fiber internet is available at this address with download speeds up to 5,000 Mbps across 9 providers.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms1
Bathrooms1
Living Area1,121 sqft
Year Built1912
Stories1
Location
CityDetroit
Zip Code48201
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed9/15/2025
Sold Date2/19/2026
Terms AcceptedCash, Conventional
HOA
HOA Fee$517 / Monthly
IncludesLawn/Yard Care, Sewer, Trash, Water
Source: SparkMLS
Tax Information
Annual Tax$1,200
Tax Year2025
State Equalized Value$12,000
Assessed Value$12,000
Homestead (PRE)100%
Parcel #01000749.016
Source: Public Records
Legal Description
S WATSON UNIT 16 WAYNE COUNTY CONDOMINIUM PLAN NO. 699 "CAROLA CONDOMINIUMS" MASTER DEED RECORDED L37709 P1-50 DEEDS WCR; FIRST AMENDMENT RECORDED L42068 P324-340 DEEDS WCR; SECOND AMENDMENT RECORDED L49899 P1122 DEEDS WCR; THIRD AMENDMENT RECORDED 0 8-3-12 DEEDS, WCR 01/236 1,121 SQ FT 3.614%
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLHistoric District: Brush Park Historic District
Exterior changes may require Historic District Commission (HDC) approval
Source: Detroit Historic District CommissionUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Richard Perry
KW Domain
Frequently Asked Questions about 78 Watson Street, 16, Detroit, MI 48201
Which school district serves 78 Watson Street, 16, Detroit, MI 48201?
Per MLS# 20251036973, 78 Watson Street, 16, Detroit, MI 48201 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# 20251036973, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 78 Watson Street, 16, Detroit, MI 48201?
Per public tax records, annual property taxes for this property are $1,167. 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, 78 Watson Street, 16, Detroit, MI 48201 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 78 Watson Street, 16, Detroit, MI 48201 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.
Is 78 Watson Street, 16, Detroit, MI 48201 in a historic district?
Per municipal ordinance records, this property is within the Brush Park Historic District. Exterior changes to properties in locally-designated historic districts typically require approval from the Historic District Commission. Verify current requirements with the local HDC.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 78 Watson Street, 16, Detroit, MI 48201. The maximum advertised download speed is 5.0 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 78 Watson Street, 16, Detroit, MI 48201?
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.
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Tax Estimate
$
Annual tax$770
Monthly$64
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$2,948
Principal & interest$2,367
Property taxes$64
HOA$517
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
5 Gbps
Upload
5 Gbps
FiberCableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
9 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
78 Watson Street, 16, Detroit, MI 48201
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Neighborhood
Lower Woodward
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Community
Detroit
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County
Wayne County
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