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598 Lakewood St, Detroit, MI, 48215

$191,000

Home List Price

$2,268*

Closing Credit

4 Bedrooms
2 Full Baths
1,714 SqFt
$111/SqFt
House
Schools Nearby

Location

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598 Lakewood St, Detroit$191,000

Buyer Closing Credits

$2,268*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1918
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240019167
Lot Size0.13 Acres
StatusActive

About 598 Lakewood St

This Detroit gem has been partially renovated and is the perfect opportunity for a new owner. Renovations needed are light and with their completion, still allow room for new owner equity. Located between the vibrancy of downtown Detroit and suburban Grosse Pointe Park. Schedule your showing and find out if this the right opportunity for your investment. List of improvements available upon request. Property qualifies for Fannie Mae Homestyle Renovation Loan.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1918
  • Stories: 3
  • Living Area: 1,714 SqFt

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 501-7085
  • Listing Agent: LaKeita Mitchell

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: East on Jefferson, turn right on Lakewood.

Price Information

Listing Price Info

Price Summary:

  • List Price: $191,000
  • Price Per SqFt: $111/SqFt

Tax Information:

  • Annual Amount: $1,442
  • 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

598 Lakewood St vs Detroit

31 DAYS ON ROCKET

-18 Days

$191,000

+$110.8K More

$111/SqFt

+$41 More

KEY TAKEAWAY

This property is $110.8K more than the Median Sold Price and $41/SqFt more 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: #20240019167

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 501-7085
  • Listing Agent: LaKeita Mitchell

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, 4:25:19 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$1,442$10,900
2020 - $10,500
2017$872$7,200

History based on county public records data.

Payment Calculator

$1,021

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$639

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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-1027652
5
/10

  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 1.08 miles

  • Public District Grades KG-5

school-card-donut-1027653
8
/10

  • Lewis Marie Elementary School

  • 740 Cadieux Rd

  • 1.95 miles

  • Public District Grades KG-5

school-card-donut-1027654
6
/10

  • Richard Elementary School

  • 176 Mckinley Ave

  • 2.67 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 $38,214. The majority of Detroit, MI residents have income between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 598 Lakewood St

What is the listing price of this property?

The listing price of 598 Lakewood St property is $191,000.

What type of property is this?

The property 598 Lakewood St is a house located in Detroit, Michigan, 48215.

Is this property for sale now?

Active Listing: 598 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 $1,442 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 598 Lakewood St has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 598 Lakewood St is 1,714 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 598 Lakewood St is 1918.

Rocket Homes›Michigan›Wayne County›Detroit›48215›598 Lakewood St

This home is located at 598 Lakewood St in Detroit, MI and zip code 48215 in the Lower East neighborhood. This 1,714 square foot home, which was built in 1918, sits on a 0.13 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 27, 2024 and is currently priced at $191,000.

In March 2024, from all listings sold in Detroit, MI there were more than 94 sold above asking price, over 224 sold below and more than 74 were sold right at the asked 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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