Welcome to 4626 Lakewood, a beautiful and stately home with historic classic charm. This home has a spacious two-story layout with 5 bedrooms and 2.5 bathrooms. Sturdy brick construction with historical architectural elements and ample fenced lot is perfect for creating outdoor living spaces or additions. Some Recent Improvements: - Newly installed electrical box ensuring modern electrical compliance. - Upgraded plumbing system with new radiator valves. - Replacement of original boiler pipes with new piping. - A completely new plumbing stack, enhancing long-term reliability. - Fresh drywall throughout, primed for final finishes. - A finished basement that adds valuable living space and functionality. This beautiful neighborhood has strong investment growth and renovation momentum. Active rental market potential for future cash flow or resale opportunities. The combination of historical features with substantial structural updates makes this home a standout project, ready for its next chapter. Don’t miss out on this investment primed for completion and poised for profit. *This home had already begun being renovated when a small fire occurred in the stairway.*
Property Details
Property Features
Property Information:
Architectural Style: Bungalow
Year Built: 1926
Stories: 2
Living Area: 3,130 SqFt
Listing Office:
Office Name: National Realty Centers, Inc
Office Phone: (248) 468-1444
Listing Agent: Arianna Lee
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 2
Total Bedroom Count: 5
Exterior Features
Exterior Information:
Private Pool: No
Exterior: Awning/Overhang(s), Fenced
Lot Features
Lot Information:
Lot Size: 0.19 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Radiant
Other
Directions Information:
Directions: E CHALMERS & N MACK
Price Information
Listing Price Info
Price Summary:
List Price: $129,900
Price Per SqFt: $42/SqFt
Tax Information:
Annual Amount: $1,204
Tax Year: 2021
What can I afford?
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Housing Market Comparison
See how this home compares to others in Detroit, MI.
This property is $48.8K more than the Median Sold Price and $29/SqFt less than other homes in Detroit, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20240020855
Listing Office:
Office Name: National Realty Centers, Inc
Office Phone: (248) 468-1444
Listing Agent: Arianna Lee
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
George Defer Elementary School
15425 Kercheval Ave
Distance between this listing and this school1.22 miles
Public District Grades KG-5
1
/10
Marvin L. Winans Academy of Performing Arts Elementary School
9740 Mckinney St
Distance between this listing and this school1.56 miles
Public Charter Grades KG-5
1
/10
Tyrone Elementary School
19525 Tyrone St
Distance between this listing and this school3.18 miles
Public Magnet Grades 4-6
Nearby Schools
9
/10
Pierce Middle School
15430 Kercheval Ave
Distance between this listing and this school1.29 miles
Public District Grades 6-8
3
/10
Detroit Merit Charter Academy
1091 Alter Rd
Distance between this listing and this school1.42 miles
Public Charter Grades KG-8
3
/10
Timbuktu Academy of Science and Technology
10800 E Canfield St
Distance between this listing and this school1.65 miles
Public Charter Grades KG-8
Nearby Schools
2
/10
Southeastern High School
3030 Fairview St
Distance between this listing and this school1.60 miles
Public Magnet Grades 9-12
2
/10
Denby High School
12800 Kelly Rd
Distance between this listing and this school2.38 miles
Public District Grades 9-12
10
/10
Grosse Pointe South High School
11 Grosse Pointe Blvd
Distance between this listing and this school2.87 miles
The neighbors living near this home have an average income of $24,634. Most Detroit, MI residents have annual incomes less than $35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 4626 Lakewood St
What is the listing price of this property?
The listing price of 4626 Lakewood St property is $129,900.
What type of property is this?
The property 4626 Lakewood St is a house located in Detroit, Michigan, 48215.
Is this property for sale now?
Active Listing: 4626 Lakewood St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $1,204 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 26, 2004 for $33,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 4626 Lakewood St has 5 bedrooms and 2 full and 1 half bathrooms.
What is the square footage of this property?
The property 4626 Lakewood St is 3,130 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 4626 Lakewood St is 1926.
This home is located at 4626 Lakewood St in Detroit, MI and zip code 48215 in the Chandler Park neighborhood. This 3,130 square foot home, which was built in 1926, sits on a 0.19 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 03, 2024 and is currently priced at $129,900.
In April 2024, from all listings sold in Detroit, MI there were more than 94 sold above asking price, over 243 sold below and more than 89 were sold right at the asked price. In April 2024 in Detroit, MI there were 12.7% more homes for sale than in March 2024. The median list price of listings available in April 2024 was $81,036, while the average time on the real estate market was 45 days.
From Rocket Homes Real Estate and based on county public records data.