Detroit House Hunting: Corktown condo fetches $500,000

• We checked out an $850,000 condo on Bagley Street in our previous feature.

Zoom in: Another condo on Bagley sold across the street from our last installment for $495,000 in October, according to the Wayne County Register of Deeds.

• The condo at 1365 Bagley St. was built in 2001 and has three bedrooms and 2.5 bathrooms, according to Zillow's property profile, which includes an original listing price in June of $699,900.

💭 Joe's thought bubble: The condo's location is everything — it's just a couple blocks from businesses on Michigan Avenue like James Oliver Coffee Co. and Brooklyn Street Local.

• The difference between the listing and sales prices suggests there's room to negotiate prices in the area.

What's next: We're exploring houses on the market in Corktown. Quick preview: There aren't many!