4 months on rocket

5731 Lenox St, Detroit, MI, 48213

$65,000

Home List Price

$772*

Closing Credit

2 Full Baths, 1 Partial
2,431 SqFt
$27/SqFt
Multi
Schools Nearby

Location

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5731 Lenox St, Detroit$65,000

Buyer Closing Credits

$772*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1929
HeatingNatural Gas, Hot Water
BasementYes
MLS #20230101769
Lot Size0.08 Acres
StatusActive

About 5731 Lenox St

A beautiful brick multi family unit. Great Investment opportunity!! Newer Roof, some updates, some new drywall, some work has been done. ...Its a 2 bedroom upper and lower unit both with 1 bath room in both units and 1 bathroom in basement . Nice square footage. Close to shopping, golf course, Chandler Park and expressways. Easy appointments.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial, Upper/Lower Apartment
  • Year Built: 1929
  • Stories: 2
  • Living Area: 2,431 SqFt

Listing Office:

  • Office Name: Community Choice Realty Inc
  • Office Phone: (248) 729-0011
  • Listing Agent: Ayana Brazile-Gamble

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Fenced

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water

Other

Directions Information:

  • Directions: N of Chandler Pk / E of Outer Dr

Price Information

Listing Price Info

Price Summary:

  • List Price: $65,000
  • Price Per SqFt: $27/SqFt

Tax Information:

  • Annual Amount: $549
  • 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

5731 Lenox St vs Detroit

147 DAYS ON ROCKET

+98 Days

$65,000

-$15.1K Less

$27/SqFt

-$43 Less

KEY TAKEAWAY

This property is $15.1K less than the Median Sold Price and $43/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: #20230101769

Listing Office:

  • Office Name: Community Choice Realty Inc
  • Office Phone: (248) 729-0011
  • Listing Agent: Ayana Brazile-Gamble

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, 12:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$549$7,800
2020$936$8,400
2018$936$6,900
2017$945$6,900

History based on county public records data.

Payment Calculator

$392

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$261

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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-4176194
1
/10

  • Marvin L. Winans Academy of Performing Arts Elementary School

  • 9740 Mckinney St

  • 1.57 miles

  • Public Charter Grades KG-5

school-card-donut-4176195
5
/10

  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 1.97 miles

  • Public District Grades KG-5

school-card-donut-4176196
8
/10

  • Lewis Marie Elementary School

  • 740 Cadieux Rd

  • 2.66 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 $35,172. The majority of Detroit, MI residents have income less than $35k annually. 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

Rocket Homes›Michigan›Wayne County›Detroit›48213›5731 Lenox St

This home is located at 5731 Lenox St in Detroit, MI and zip code 48213 in the Chandler Park neighborhood. This 2,431 square foot home, which was built in 1929, sits on a 0.08 acre lot. Features: 3 bathrooms. It has been listed on Rocket Homes since December 05, 2023 and is currently priced at $65,000.

Over 94 listings were sold over their listed price in March 2024 in Detroit, MI. In the same period over 224 listings were sold below the listed price and 74 listings were sold for the listed price. The inventory of homes for sale in Detroit, MI between February 2024 and March 2024 increased by 10.7%. While the average time on the market in March 2024 was 49 days, the median list price was $80,163.

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

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