Since listing just six weeks ago at $349K, this 5-bedroom, 3300-square-foot Georgian revival has dropped its price three times. While $349K might've been a stretch, if any home in the neighborhood should see a price like that, it might be this one. The beautifully restored house features a solarium with original Pewabic tile, leaded glass windows and one of the most beautiful staircases we've seen in quite some time. The kitchen has granite counters and custom cabinetry and a wine fridge. The yard has multiple entertaining spaces, including a large brick deck, and a secluded dining spot you find at the end of a stone path, framed by an ivy-covered arbor.
Built in 1922, this home has a stunning dining room with very nice wainscoting, original plasterwork, gorgeously restored hardwood floors, and bathrooms that combine the beauty of the original tile with modern touches like the marble vanity in one bath and a majolica sink in another. The house has three full baths and two powder rooms, a balcony, walnut paneling and lovingly restored crystal doorknobs and polished brass fittings.
The house is mechanically sound, too—it got a new roof in 2014 and has had updates to the plumbing and electrical systems. The solarium has brand new walls and insulation. There's a massive family room in the third floor dormer, and the dormer windows are tricked out with brand new cedar shakes. The house is lovely from the street, with a dramatically framed veranda in front, perfectly preserved brickwork, and tasteful landscaping. The bedrooms are gigantic, and the place even has an original clawfoot tub.
This is a lovely house, which is why we're wondering why the price went from $349K at the end of August, to $335K a month later, then to $310K five days after that (Oct 3), before finally settling at $295K yesterday. We're not sure what the story is, but this place looks great. There's no mention of air conditioning, which may be of concern. There is a detached 2-car garage, though, which is always appreciated in Detroit. The house last sold in 2009 for just $130K. It looks like the owners have invested blood, sweat, tears and a pile of cash to make the place shine. We're eager to see if their efforts are rewarded with a strong sale.