4 months on rocket

5291 Lodewyck St, Detroit, MI, 48224

$60,000

Home List Price

$713*

Closing Credit

2 Bedrooms
1 Full Bath
749 SqFt
$80/SqFt
House

Location

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5291 Lodewyck St, Detroit$60,000

Buyer Closing Credits

$713*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached
Garage1 space
Year Built1938
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240049234
Lot Size0.10 Acres
StatusActive

About 5291 Lodewyck St

This cozy brick ranch style home on a well-kept street in the Cornerstone neighborhood of Detroit can be best described as "more than meets the eye!" This home has an efficient interior layout which means low utilities and is in a strong community with the amenities of Grosse Pointe just minutes away including major grocery stores, shops, and restaurants just around the corner. Balduck Park is also within a pleasant walking distance. This home would make an excellent addition to any investment portfolio. TENANT OCCUPIED, PLEASE DO NOT APPROACH HOME WITHOUT A CONFIRMED SHOWING BY A LICENSED AGENT.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1938
  • Stories: 1
  • Living Area: 749 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices The Loft Warehouse
  • Office Phone: (313) 658-6400
  • Listing Agent: Lionez Kimber

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: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: I94 east to Moross Rd, southeast to Chandler Park Dr, west to Lodewyck, south to destination.

Price Information

Listing Price Info

Price Summary:

  • List Price: $60,000
  • Price Per SqFt: $80/SqFt

Tax Information:

  • Annual Amount: $1,960
  • 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

$73

Avg. Days On Market

45

# of Sold Homes

475

5291 Lodewyck St vs Detroit

134 DAYS ON ROCKET

+89 Days

$60,000

-$25K Less

$80/SqFt

+$6 More

KEY TAKEAWAY

This property is $25K less than the Median Sold Price and $6/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: #20240049234

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices The Loft Warehouse
  • Office Phone: (313) 658-6400
  • Listing Agent: Lionez Kimber

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, 11:55:52 PM 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$1,960$13,900
2020$972$12,500
2018$972$9,700
2017$968$9,900

History based on county public records data.

Payment Calculator

$367

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$246

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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-467104
1
/10

  • Distinctive College Preparatory

  • 19360 Harper Ave

  • 1.09 miles

  • Public Charter Grades KG-6

school-card-donut-467105
1
/10

  • Tyrone Elementary School

  • 19525 Tyrone St

  • 1.19 miles

  • Public Magnet Grades 4-6

school-card-donut-467106
4
/10

  • John Monteith Elementary School

  • 1275 Cook Rd

  • 1.29 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 $53,125. Most Detroit, MI residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5291 Lodewyck St

What is the listing price of this property?

The listing price of 5291 Lodewyck St property is $60,000.

What type of property is this?

The property 5291 Lodewyck St is a house located in Detroit, Michigan, 48224.

Is this property for sale now?

Active Listing: 5291 Lodewyck 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 $1,960 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5291 Lodewyck St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5291 Lodewyck St is 749 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5291 Lodewyck St is 1938.

Rocket Homes›Michigan›Wayne County›Detroit›48224›5291 Lodewyck St

This home is located at 5291 Lodewyck St in Detroit, MI and zip code 48224 in the Lower East neighborhood. This 749 square foot home, which was built in 1938, sits on a 0.10 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 10, 2024 and is currently priced at $60,000.

In October 2024 more than 125 listings in Detroit, MI were sold above the asking price. During the same period more than 93 listings were sold at asking price, while more than 257 were sold below. The inventory of homes for sale in Detroit, MI between September 2024 and October 2024 increased by 11.2%. In October 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $85,000.

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

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