4 months on rocket

4703 Lakepointe St, Detroit, MI, 48224

$172,500

Home List Price

$2,048*

Closing Credit

4 Bedrooms
1 Full Bath
1,218 SqFt
$142/SqFt
House

Location

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4703 Lakepointe St, Detroit$172,500

Buyer Closing Credits

$2,048*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDirect Access, Electricity, Door Opener, Attached
Attached Garage1 space
Year Built2014
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240045009
Lot Size0.16 Acres
StatusActive

About 4703 Lakepointe St

Incredibly rare opportunity to own newer construction in the City of Detroit! Built in 2014 by Habitat for Humanity, this 4 BR, 1 BA, 1,218 sqft ranch-style home on a fenced-in 90’x119’ (0.25 acre) corner lot has something for everyone. With a ramp to the front door and first floor laundry room, the property is great for someone with mobility challenges. The large eat-in kitchen w/ lots of counter and cabinet space, as well as a pantry, are very uncommon at this price point. The main level features four bedrooms and one large bathroom. The huge, unfinished 1,218 sqft basement with high ceilings and an egress window is a blank canvas for adding additional bathrooms and living space below-grade. The high-efficiency, wall-mounted, tankless water heater saves space and provides unlimited hot water on demand! The high-efficiency Carrier furnace and air exchanger, poured concrete foundation, and modern insulation / construction standards will help maximize your comfort and minimize your HVAC energy consumption. Hardwired security cameras and alarm system throughout. A back-flow prevention valve will give you peace of mind and was installed to prevent any backups in the basement. New electrical panel; service lines from the pole to house are underground. Attached 1 car garage w/ direct access to kitchen as well as man-door to back patio. Closet in kitchen has laundry hookups. Privacy fence around the entire perimeter of the property gives the feeling of having your own compound in the city! Sale includes all kitchen and laundry appliances, as well as the billiards table and accessories in basement. Up-and-coming neighborhood with new construction and revitalization all around!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 2014
  • Stories: 1
  • Living Area: 1,218 SqFt

Listing Office:

  • Office Name: KW Grosse Pointe
  • Office Phone: (313) 886-7239
  • Listing Agent: Ryan Lally

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Gas Oven, Gas Range, Refrigerator, Range Hood, Washer
  • Basement: Yes
  • Interior: Egress Window(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Fenced

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Direct Access, Electricity, Door Opener, Attached

Virtual/3D Tour

  • 3D Tour: 4703 Lakepointe St
3D Tour

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: 4703 Lakepointe St, Detroit, MI 48224

Price Information

Listing Price Info

Price Summary:

  • List Price: $172,500
  • Price Per SqFt: $142/SqFt

Tax Information:

  • Annual Amount: $2,661
  • 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

4703 Lakepointe St vs Detroit

141 DAYS ON ROCKET

+96 Days

$172,500

+$87.5K More

$142/SqFt

+$68 More

KEY TAKEAWAY

This property is $87.5K more than the Median Sold Price and $68/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: #20240045009

Listing Office:

  • Office Name: KW Grosse Pointe
  • Office Phone: (313) 886-7239
  • Listing Agent: Ryan Lally

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: 11/21/2024, 11:20:52 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

Nov 25, 2014Home Sold
$59,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,661$54,100
2020$2,493$48,200
2018$2,493$33,000
2017$56$800

History based on county public records data.

Payment Calculator

$928

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$584

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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-456663
6
/10
  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 1.09 miles

  • Public District Grades KG-5

school-card-donut-456664
1
/10
  • Marvin L Winans Academy Elementary School

  • 9740 McKinney St

  • 1.24 miles

  • Public Charter Grades KG-5

school-card-donut-456665
1
/10
  • Wayne Elementary School

  • 10633 Courville St

  • 1.41 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,254. The most common annual income of people living in Detroit, MI is less than $35k. Residents typically live in single, with kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4703 Lakepointe St

What is the listing price of this property?

The listing price of 4703 Lakepointe St property is $172,500.

What type of property is this?

The property 4703 Lakepointe St is a house located in Detroit, Michigan, 48224.

Is this property for sale now?

Active Listing: 4703 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 $2,661 (source: MLS/based on county public records data).

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

The last sale was on November 25, 2014 for $59,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4703 Lakepointe St has 4 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 4703 Lakepointe St is 1,218 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4703 Lakepointe St is 2014.

Rocket HomesMichiganWayne CountyDetroit482244703 Lakepointe St

This home is located at 4703 Lakepointe St in Detroit, MI and zip code 48224 in the Lower East neighborhood. This 1,218 square foot home, which was built in 2014, sits on a 0.16 acre lot. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 03, 2024 and is currently priced at $172,500.

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. Between September 2024 and October 2024, Detroit, MI real estate market has seen increase in the number of listings by 11.2%. Listings spent 45 days on the market in October 2024, and had a median list price of $85,000 during the same period.

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

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