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5556 Lakeview St, Detroit, MI, 48213

$170,000

Home List Price

$2,019*

Closing Credit

5 Bedrooms
2 Full Baths
1,596 SqFt
$107/SqFt
House

Location

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5556 Lakeview St, Detroit$170,000

Buyer Closing Credits

$2,019*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
Year Built1928
HeatingNatural Gas, ENERGY STAR Qualified Equipment
BasementYes
MLS #20240086474
Lot Size0.09 Acres
StatusActive

About 5556 Lakeview St

This newly remodeled 5 bedroom, 2 full bath home. Comes with complete appliances on purchase. The car in the picture comes is included in the sale. If that's not a deal! Way worth the value. Oh, did I forget to mention a year's warranty. A fence backyard and many more. Hurry up ! Detroit's grant for twenty five Thousand is still available About this vehicle 2016 Kia optima EX Sedan 4D Brand new engine installed at Feldman Kia. Basically 0 miles Power Windows, Power Locks, Power Mirrors, Cruise Control, Satellite, Temperature/Compass, Custom Driver Settings, Steering Wheel Controls, Keyless Entry, Tilt Steering, Traction Control, Wood Trim, Push Start, Heated Steering Wheel, Memory Seat Driven 112,600 miles Automatic transmission Exterior color: Black · Interior color: Grey 5/5 overall NHTSA safety rating Fuel type: Gasoline 24.0 MPG city · 35.0 MPG highway · 28.0 MPG combined This vehicle is paid off Clean title This vehicle has no significant damage or problems. Many City of Detroit properties allow for stacking of down payment assistance programs for first time buyers. · $25,000 from City of Detroit PLUS · $5,000 Home for Good program PLUS · Up to $3,500 in closing cost assistance. CITY OF DETROIT $25,000 You must be a homebuyer who has not held an interest in property in the last 3 years. You must prove that you resided in the city of Detroit for the last 12 months OR lost a home due to property tax foreclosure within the City of Detroit between the period of 2010-2016. Your total household income may not exceed 300% of the national poverty level for your household size issued annually by the Department of Health and Human Services. See the table below for You must complete the required HUD-approved homebuyer education. You must purchase a 1–2-unit property or condominium in the City of Detroit as your primary residence and plan for it to remain as your primary residence for the next 3 years. You must contribute a minimum of $1,000 towards the purchase of the property.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow, Colonial
  • Year Built: 1928
  • Stories: 2
  • Living Area: 1,596 SqFt

Listing Office:

  • Office Name: S&P Realty
  • Office Phone: (734) 333-7219
  • Listing Agent: Crystal Washington

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, ENERGY STAR Qualified Equipment

Other

Directions Information:

  • Directions: Follow I-96 Express/Jeffries Fwy, I-96 E and I-94 E to E Edsel Ford Service Dr E. Take exit 222A from I-94 E

Price Information

Listing Price Info

Price Summary:

  • List Price: $170,000
  • Price Per SqFt: $107/SqFt

Tax Information:

  • Annual Amount: $1,435
  • 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

5556 Lakeview St vs Detroit

1 DAY ON ROCKET

-44 Days

$170,000

+$85K More

$107/SqFt

+$33 More

KEY TAKEAWAY

This property is $85K more than the Median Sold Price and $33/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: #20240086474

Listing Office:

  • Office Name: S&P Realty
  • Office Phone: (734) 333-7219
  • Listing Agent: Crystal Washington

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: 11/17/2024, 6:20:51 AM 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$1,435$7,800
2020 - $8,400

History based on county public records data.

Payment Calculator

$916

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$576

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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-355524
1
/10
  • Wayne Elementary School

  • 10633 Courville St

  • 1.31 miles

  • Public District Grades PK-5

school-card-donut-355525
1
/10
  • Marvin L Winans Academy Elementary School

  • 9740 McKinney St

  • 1.42 miles

  • Public Charter Grades KG-5

school-card-donut-355526
6
/10
  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 1.78 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,923. The most common annual income of people living in Detroit, MI is less than $35k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5556 Lakeview St

What is the listing price of this property?

The listing price of 5556 Lakeview St property is $170,000.

What type of property is this?

The property 5556 Lakeview St is a house located in Detroit, Michigan, 48213.

Is this property for sale now?

Active Listing: 5556 Lakeview 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 $1,435 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5556 Lakeview St has 5 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5556 Lakeview St is 1,596 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5556 Lakeview St is 1928.

Rocket HomesMichiganWayne CountyDetroit482135556 Lakeview St

This home is located at 5556 Lakeview St in Detroit, MI and zip code 48213 in the Chandler Park neighborhood. This 1,596 square foot home, which was built in 1928, sits on a 0.09 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 16, 2024 and is currently priced at $170,000.

In October 2024, from all listings sold in Detroit, MI there were more than 125 sold above asking price, over 257 sold below and more than 93 were sold right at the asked price. The number of homes for sale in Detroit, MI increased by 11.2% between September 2024 and October 2024. While the average time on the market in October 2024 was 45 days, the median list price was $85,000.

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

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