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Sale Pending

5903 Lakepointe St, Detroit, MI, 48224

$49,900

Home List Price

$593*

Closing Credit

4 Bedrooms
1 Full Bath
1,834 SqFt
$27/SqFt
House
Schools Nearby

Location

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5903 Lakepointe St, Detroit$49,900

Buyer Closing Credits

$593*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1926
HeatingNatural Gas, Hot Water
BasementYes
FireplaceLiving Room
MLS #20240017323
Lot Size0.10 Acres
StatusSale Pending
(Pending)

About 5903 Lakepointe St

Opportunity knocks!! Large 4 bedroom full brick bungalow at a really great price!! Large basement. Living room with fireplace. Covered back porch. Price reflects needed repairs and or updates. Being sold strictly as-is...seller will do no cleanout nor any repairs. Cash offers only please. All sizes shown are strictly estimates. Information contained in this listing is deemed reliable but not guaranteed......buyer or buyer's agent to verify all information. Seller will not consider offers where purchaser has not viewed the property first. Owner is a licensed broker in the state of Michigan. A licensed agent must be physically present for all showings…NO EXCEPTIONS.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1926
  • Stories: 1
  • Living Area: 1,834 SqFt

Listing Office:

  • Office Name: John Graham Realty, LLC
  • Office Phone: (586) 799-4700
  • Listing Agent: John Graham

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Fenced

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water

Other

Directions Information:

  • Directions: Enter Lakepointe north off Outer Drive E.

Price Information

Listing Price Info

Price Summary:

  • List Price: $49,900
  • Price Per SqFt: $27/SqFt

Tax Information:

  • Annual Amount: $2,523
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$80.1K

Med. Price/SqFt

$69

Avg. Days On Market

49

# of Sold Homes

392

5903 Lakepointe St vs Detroit

39 DAYS ON ROCKET

-10 Days

$49,900

-$30.2K Less

$27/SqFt

-$43 Less

KEY TAKEAWAY

This property is $30.2K 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: #20240017323

Listing Office:

  • Office Name: John Graham Realty, LLC
  • Office Phone: (586) 799-4700
  • Listing Agent: John Graham

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: 4/27/2024, 10:25:19 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$2,523 -
2020$120$16,900
2018$120 -
2017$1,109$12,500

History based on county public records data.

Payment Calculator

$317

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$216

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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-1159864
1
/10
  • Marvin L. Winans Academy of Performing Arts Elementary School

  • 9740 Mckinney St

  • 0.76 miles

  • Public Charter Grades KG-5

school-card-donut-1159865
5
/10
  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 1.77 miles

  • Public District Grades KG-5

school-card-donut-1159866
8
/10
  • Lewis Marie Elementary School

  • 740 Cadieux Rd

  • 2.14 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,000. Typical income of Detroit, MI residents is less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5903 Lakepointe St

What is the listing price of this property?

The listing price of 5903 Lakepointe St property is $49,900.

What type of property is this?

The property 5903 Lakepointe St is a house located in Detroit, Michigan, 48224.

Is this property for sale now?

Sale Pending: 5903 Lakepointe St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,523 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5903 Lakepointe St has 4 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5903 Lakepointe St is 1,834 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5903 Lakepointe St is 1926.

Rocket HomesMichiganWayne CountyDetroit482245903 Lakepointe St

This home is located at 5903 Lakepointe St in Detroit, MI and zip code 48224 in the Lower East neighborhood. This 1,834 square foot home, which was built in 1926, sits on a 0.10 acre lot. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 19, 2024 and is currently priced at $49,900.

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. The number of listings 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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