11 months on rocket

4600 Lakewood St, Detroit, MI, 48215

$72,500

Home List Price

$861*

Closing Credit

2 Full Baths
2,078 SqFt
$35/SqFt
Multi

Location

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4600 Lakewood St, Detroit$72,500

Buyer Closing Credits

$861*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingTwoCarGarage
Garage2 spaces
Year Built1951
HeatingForced Air, Natural Gas
BasementYes
MLS #20240003126
Lot Size0.28 Acres
StatusActive

About 4600 Lakewood St

Investment opportunity near the Detroit / Grosse Pointe border. Upper / lower with original hardwood floors. Fireplace. Lots of original tile intact. Huge kitchen in lower unit. Spacious corner lot. Good candidate for a flip or long term rental. Rehab required. Cash buyers only. d

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1951
  • Living Area: 2,078 SqFt

Listing Office:

  • Office Name: Clyde Realty LLC
  • Office Phone: (313) 974-1830
  • Listing Agent: Benjamin Ness, Alex Lauer

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: TwoCarGarage

Lot Features

Lot Information:

  • Lot Size: 0.28 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: SE corner of Lakewood and Canfield

Price Information

Listing Price Info

Price Summary:

  • List Price: $72,500
  • Price Per SqFt: $35/SqFt

Tax Information:

  • Annual Amount: $1,006
  • 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

$85K

Med. Price/SqFt

$67

Avg. Days On Market

49

# of Sold Homes

396

4600 Lakewood St vs Detroit

340 DAYS ON ROCKET

+291 Days

$72,500

-$12.5K Less

$35/SqFt

-$33 Less

KEY TAKEAWAY

This property is $12.5K less than the Median Sold Price and $33/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: #20240003126

Listing Office:

  • Office Name: Clyde Realty LLC
  • Office Phone: (313) 974-1830
  • Listing Agent: Benjamin Ness, Alex Lauer

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: 12/22/2024, 9:21:06 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 09, 2021Home Sold
$69,000
Oct 24, 2019Home Sold
$37,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,006$18,500
2020$957$18,500
2018$957$19,200
2017$953$19,600

History based on county public records data.

Payment Calculator

$429

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$284

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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-934272
6
/10

  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 1.20 miles

  • Public District Grades KG-5

school-card-donut-934273
1
/10

  • Marvin L Winans Academy Elementary School

  • 9740 McKinney St

  • 1.58 miles

  • Public Charter Grades KG-5

school-card-donut-934274
1
/10

  • Wayne Elementary School

  • 10633 Courville St

  • 1.64 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,634. The majority of Detroit, MI residents have income less than $35k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48215›4600 Lakewood St

This home is located at 4600 Lakewood St in Detroit, MI and zip code 48215 in the Chandler Park neighborhood. This 2,078 square foot home, which was built in 1951, sits on a 0.28 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since January 16, 2024 and is currently priced at $72,500.

In November 2024, from all listings sold in Detroit, MI there were more than 94 sold above asking price, over 247 sold below and more than 55 were sold right at the asked price. The number of homes for sale in Detroit, MI increased by 2% between October 2024 and November 2024. While the average time on the market in November 2024 was 49 days, the median list price was $85,016.

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

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