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Colonial That Cost $185K in 2009 Closes Above $300K

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[Photos by Stylish Detroit Real Estate Photography]

A 5,514-square-foot home that was asking $299K managed to get a little bit more. It sold for $305,000 according to the realtor. The seven-bedroom home includes hardwood floors, five fireplaces, solid wood pocket doors, a slate roof, and restored plasterwork. It was designed by Smith, Hinchman & Grylls based on a client request for something that looked like the Mount Pleasant house in Philadelphia. The home was built in 1907 and renovated in the 1970s. The last time it sold, May 2009, it went for $185,000 (according to Zillow). That's quite the market rebound!

̭ 1012 Burns Street [City Living Detroit]