4 months on rocket

11851 Lakepointe St, Detroit, MI, 48224

$51,000

Home List Price

$606*

Closing Credit

2 Bedrooms
1 Full Bath
737 SqFt
$69/SqFt
House

Location

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11851 Lakepointe St, Detroit$51,000

Buyer Closing Credits

$606*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached
Garage1 space
Year Built1950
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240049169
Lot Size0.12 Acres
StatusActive

About 11851 Lakepointe St

Great investment property BATVAI. Purchaser to pay listing broker a $495 transaction fee at closing.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1950
  • Stories: 1
  • Living Area: 737 SqFt

Listing Office:

  • Office Name: Reach Realty Group
  • Office Phone: (313) 766-4000
  • Listing Agent: Kenneth F Evans

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: Morang and Roxbury

Price Information

Listing Price Info

Price Summary:

  • List Price: $51,000
  • Price Per SqFt: $69/SqFt

Tax Information:

  • Annual Amount: $1,469
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$85K

Med. Price/SqFt

$73

Avg. Days On Market

45

# of Sold Homes

475

11851 Lakepointe St vs Detroit

136 DAYS ON ROCKET

+91 Days

$51,000

-$34K Less

$69/SqFt

-$5 Less

KEY TAKEAWAY

This property is $34K less than the Median Sold Price and $5/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: #20240049169

Listing Office:

  • Office Name: Reach Realty Group
  • Office Phone: (313) 766-4000
  • Listing Agent: Kenneth F Evans

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: 11/22/2024, 5:20:53 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

Sep 11, 2018Home Sold
$32,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,469$11,400
2020$940$10,700
2018$940$8,100
2017$959$8,200

History based on county public records data.

Payment Calculator

$322

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$219

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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-683544
1
/10
  • Carleton Elementary School

  • 11724 Casino St

  • 0.03 miles

  • Public District Grades PK-5

school-card-donut-683545
1
/10
  • Marvin L Winans Academy Elementary School

  • 9740 McKinney St

  • 0.97 miles

  • Public Charter Grades KG-5

school-card-donut-683546
1
/10
  • Wayne Elementary School

  • 10633 Courville St

  • 0.98 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,260. Typical income of Detroit, MI residents is between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 11851 Lakepointe St

What is the listing price of this property?

The listing price of 11851 Lakepointe St property is $51,000.

What type of property is this?

The property 11851 Lakepointe St is a house located in Detroit, Michigan, 48224.

Is this property for sale now?

Active Listing: 11851 Lakepointe 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 $1,469 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 11, 2018 for $32,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 11851 Lakepointe St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 11851 Lakepointe St is 737 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 11851 Lakepointe St is 1950.

Rocket Homes›Michigan›Wayne County›Detroit›48224›11851 Lakepointe St

This home is located at 11851 Lakepointe St in Detroit, MI and zip code 48224 in the Denby neighborhood. This 737 square foot home, which was built in 1950, sits on a 0.12 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 09, 2024 and is currently priced at $51,000.

Over 125 listings were sold over their listed price in October 2024 in Detroit, MI. In the same period over 257 listings were sold below the listed price and 93 listings were sold for the listed price. The number of homes for sale in Detroit, MI increased by 11.2% between September 2024 and October 2024. The median list price of listings available in October 2024 was $85,000, while the average time on the real estate market was 45 days.

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

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