1 month on rocket

5217 Lakeview St, Detroit, MI, 48213

$49,990

Home List Price

$594*

Closing Credit

2 Full Baths
1,680 SqFt
$30/SqFt
Multi

Location

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5217 Lakeview St, Detroit$49,990

Buyer Closing Credits

$594*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOneCarGarage
Garage1 space
Year Built1928
HeatingForced Air, Natural Gas
BasementYes
MLS #20240081967
Lot Size0.09 Acres
StatusActive

About 5217 Lakeview St

Incredible opportunity to add to your rental portfolio. This duplex is located in corner of Morningside, minutes away from Grosse Pointe. This unit needs repairs to get it rent ready. Perfect opportunity for section 8.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1928
  • Living Area: 1,680 SqFt

Listing Office:

  • Office Name: Zest Realty LLC
  • Office Phone: (248) 270-8238
  • Listing Agent: David Sierra

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: Located Off Of E. Warren Ave & Dickerson Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $49,990
  • Price Per SqFt: $30/SqFt

Tax Information:

  • Annual Amount: $1,146
  • 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

5217 Lakeview St vs Detroit

34 DAYS ON ROCKET

-15 Days

$49,990

-$35K Less

$30/SqFt

-$38 Less

KEY TAKEAWAY

This property is $35K less than the Median Sold Price and $38/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: #20240081967

Listing Office:

  • Office Name: Zest Realty LLC
  • Office Phone: (248) 270-8238
  • Listing Agent: David Sierra

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: 12/3/2024, 12:20:56 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

Apr 01, 2019Home Sold
$79,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,146$5,950
2020$810$7,500
2018$810$6,600
2017$819$6,600

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-3499488
1
/10

  • Wayne Elementary School

  • 10633 Courville St

  • 1.44 miles

  • Public District Grades PK-5

school-card-donut-3499489
1
/10

  • Marvin L Winans Academy Elementary School

  • 9740 McKinney St

  • 1.51 miles

  • Public Charter Grades KG-5

school-card-donut-3499490
6
/10

  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 1.66 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 $20,300. The majority of Detroit, MI residents have income less than $35k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48213›5217 Lakeview St

This home is located at 5217 Lakeview St in Detroit, MI and zip code 48213 in the Chandler Park neighborhood. This 1,680 square foot home, which was built in 1928, sits on a 0.09 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since October 30, 2024 and is currently priced at $49,990.

In November 2024 more than 94 listings in Detroit, MI were sold above the asking price. During the same period more than 55 listings were sold at asking price, while more than 247 were sold below. The number of homes for sale in Detroit, MI increased by 2% between October 2024 and November 2024. The median list price of listings available in November 2024 was $85,016, while the average time on the real estate market was 49 days.

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

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