2 months on rocket

5992 Lakewood St, Detroit, MI, 48213

$118,500

Home List Price

$1,407*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,248 SqFt
$95/SqFt
House

Location

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5992 Lakewood St, Detroit$118,500

Buyer Closing Credits

$1,407*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOneCarGarage, Detached
Garage1 space
Year Built1926
HeatingNatural Gas, Steam
BasementYes
MLS #20240071403
Lot Size0.10 Acres
StatusActive

About 5992 Lakewood St

This beautifully maintained brick home offers charm and convenience in a quiet neighborhood, perfect for those seeking both comfort and accessibility. Featuring 3 spacious bedrooms and 1 full bath upstairs plus 1/2 bath in the basement, the home boasts timeless features such as a natural fireplace in the living room, adding warmth and character. Hardwood floors lie beneath the carpet, just waiting to be uncovered. The adorable kitchen adds a cozy touch, while basement provides extra space for storage or recreation. Outside, you'll find lovely flower gardens and a large backyard, ideal for relaxing or entertaining. Close to expressways for an easy commute, with furniture and appliances available for purchase at an additional price. Don't miss this opportunity to own a classic home in a prime location.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1926
  • Living Area: 1,248 SqFt

Listing Office:

  • Office Name: KW Professionals
  • Office Phone: (734) 459-4700
  • Listing Agent: Jeff Glover, Nahed Yousif

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Steam

Other

Directions Information:

  • Directions: 1-94 to Alter

Price Information

Listing Price Info

Price Summary:

  • List Price: $118,500
  • Price Per SqFt: $95/SqFt

Tax Information:

  • Annual Amount: $1,085
  • 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

5992 Lakewood St vs Detroit

88 DAYS ON ROCKET

+39 Days

$118,500

+$33.4K More

$95/SqFt

+$27 More

KEY TAKEAWAY

This property is $33.4K more than the Median Sold Price and $27/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: #20240071403

Listing Office:

  • Office Name: KW Professionals
  • Office Phone: (734) 459-4700
  • Listing Agent: Jeff Glover, Nahed Yousif

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, 5:21:03 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$1,085$7,500
2020$711$8,000
2018$711$6,900
2017$720$6,900

History based on county public records data.

Payment Calculator

$659

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$422

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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-880861
1
/10

  • Wayne Elementary School

  • 10633 Courville St

  • 0.98 miles

  • Public District Grades PK-5

school-card-donut-880862
1
/10

  • Marvin L Winans Academy Elementary School

  • 9740 McKinney St

  • 1.14 miles

  • Public Charter Grades KG-5

school-card-donut-880863
1
/10

  • Carleton Elementary School

  • 11724 Casino St

  • 1.95 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 $31,383. Typical income of Detroit, MI residents is less than $35k annually. Typical family type is single, no kids. 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 5992 Lakewood St

What is the listing price of this property?

The listing price of 5992 Lakewood St property is $118,500.

What type of property is this?

The property 5992 Lakewood St is a house located in Detroit, Michigan, 48213.

Is this property for sale now?

Active Listing: 5992 Lakewood 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 $1,085 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5992 Lakewood St has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 5992 Lakewood St is 1,248 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5992 Lakewood St is 1926.

Rocket Homes›Michigan›Wayne County›Detroit›48213›5992 Lakewood St

This home is located at 5992 Lakewood St in Detroit, MI and zip code 48213 in the Chandler Park neighborhood. This 1,248 square foot home, which was built in 1926, sits on a 0.10 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 24, 2024 and is currently priced at $118,500.

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. Between October 2024 and November 2024, Detroit, MI real estate market has seen increase in the number of listings by 2%. In November 2024, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $85,016.

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

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