17 days on rocket

5733 Lakewood St, Detroit, MI, 48213

$155,000

Home List Price

$1,841*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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5733 Lakewood St, Detroit$155,000

Buyer Closing Credits

$1,841*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingConcrete, Driveway
Year Built1929
HeatingRadiant, Forced Air, Natural Gas
CoolingWindow Unit(s), Central Air
BasementYes
MLS #24017562
Lot Size0.10 Acres
StatusActive

About 5733 Lakewood St

INVESTMENT OPPORTUNITY!!This beautifully updated two family flat on Detroit's eastside is ready for its new owners. Both units are freshly painted with each unit including living room, dining room, kitchen, bathroom with two bedrooms each. Separate heating system for both units. Fenced in yard with private wood fencing. Lower unit include stainless steel appliances (refrigerator, stove, dishwasher, over the range microwave) and separate washer and dryer in the basement, rear deck leading from main bedroom and c/a unit, rented for $1,000.00 Upper unit includes refrigerator, stove, ceiling fans and built in 25,000 btu window air conditioning unit with separate washer and dryer in basement which is being rented for $950.00. DO NOT DISTURB TENANTS. DO NOT APPROACH TENANTS.

Property Details

Property Features

Property Information:

  • Year Built: 1929

Listing Office:

  • Office Name: Distinct Asset Management
  • Office Phone: (313) 549-6702
  • Listing Agent: Wanda D Norris

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Concrete, Driveway

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Radiant, Forced Air, Natural Gas
  • Cooling: Window Unit(s), Central Air

Other

Directions Information:

  • Directions: Exit Edsel Ford Freeway, make right, turn right to Linville, turn left on Lakewood

Price Information

Listing Price Info

Price Summary:

  • List Price: $155,000

Tax Information:

  • Annual Amount: $1,672
  • 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

5733 Lakewood St vs Detroit

17 DAYS ON ROCKET

-32 Days

$155,000

+$74.8K More

KEY TAKEAWAY

This property is $74.8K more than the Median Sold Price in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Michigan Regional Information Center (MichRIC)
  • MLS Number: #24017562

Listing Office:

  • Office Name: Distinct Asset Management
  • Office Phone: (313) 549-6702
  • Listing Agent: Wanda D Norris

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
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, 9:20:25 AM 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$1,672$9,700
2020$1,092$10,400
2018$1,092$8,700
2017$1,103$8,700

History based on county public records data.

Payment Calculator

$841

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$531

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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.

Nearby Schools

school-card-donut-4121563
1
/10

  • Marvin L. Winans Academy of Performing Arts Elementary School

  • 9740 Mckinney St

  • 1.24 miles

  • Public Charter Grades KG-5

school-card-donut-4121564
5
/10

  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 1.81 miles

  • Public District Grades KG-5

school-card-donut-4121565
8
/10

  • Lewis Marie Elementary School

  • 740 Cadieux Rd

  • 2.40 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. Residents of Detroit, MI typically earn less than $35k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48213›5733 Lakewood St

This home is located at 5733 Lakewood St in Detroit, MI and zip code 48213 in the Chandler Park neighborhood. This home, which was built in 1929, sits on a 0.10 acre lot. It has been listed on Rocket Homes since April 13, 2024 and is currently priced at $155,000.

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. The number of homes for sale in Detroit, MI increased by 10.7% between February 2024 and March 2024. Listings spent 49 days on the market in March 2024, and had a median list price of $80,163 during the same period.

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

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