28 days on rocket

4626 Lakewood St, Detroit, MI, 48215

$129,900

Home List Price

$1,543*

Closing Credit

5 Bedrooms
2 Full Baths, 1 Partial
3,130 SqFt
$42/SqFt
House
Schools Nearby

Location

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4626 Lakewood St, Detroit$129,900

Buyer Closing Credits

$1,543*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1926
HeatingNatural Gas, Radiant
BasementYes
MLS #20240020855
Lot Size0.19 Acres
StatusActive

About 4626 Lakewood St

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
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

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Detroit, MI

City

Med. Sold Price

$80.1K

Med. Price/SqFt

$69

Avg. Days On Market

49

# of Sold Homes

392

4626 Lakewood St vs Detroit

28 DAYS ON ROCKET

-21 Days

$129,900

+$49.7K More

$42/SqFt

-$28 Less

KEY TAKEAWAY

This property is $49.7K more than the Median Sold Price and $28/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

IDXDisclaimer: 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.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 6:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 26, 2004Home Sold
$33,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,204$22,700
2020$788$22,700
2018$788$23,100
2017$787$23,600

History based on county public records data.

Payment Calculator

$716

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$456

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NMLS#3030

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.

Nearby Schools

school-card-donut-4324918
5
/10

  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 1.22 miles

  • Public District Grades KG-5

school-card-donut-4324919
1
/10

  • Marvin L. Winans Academy of Performing Arts Elementary School

  • 9740 Mckinney St

  • 1.56 miles

  • Public Charter Grades KG-5

school-card-donut-4324920
8
/10

  • Lewis Marie Elementary School

  • 740 Cadieux Rd

  • 1.98 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,634. Residents of Detroit, MI typically earn less than $35k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

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.

Rocket Homes›Michigan›Wayne County›Detroit›48215›4626 Lakewood St

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.

While more than 94 listings in Detroit, MI in March 2024 were sold above asking price, there were more than 74 listings sold at asking price, and more than 224 were sold below. In March 2024 in Detroit, MI there were 10.7% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $80,163, while the average time on the real estate market was 49 days.

From Rocket Homes Real Estate and based on county public records data.

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