NOT LISTED FOR SALE

4801 Lakewood St Detroit, MI 48215

Fox Creek Neighborhood

Estimated Value: $105,000 - $209,000

3 Beds
3 Baths
1,754 Sq Ft
$93/Sq Ft Est. Value

Last Sold February 20, 2023

Last sale price $169,000 $96 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,045/month

140 Days on Market

Highlights

  • Porch
  • Forced Air Heating System
  • Dogs and Cats Allowed
  • Cass Technical High School Rated 10
  • Hot Water Heating System

About This Home

As of February 2023

Back on the Market!!! Buyers finances fells through....FHA appraisal has been completed!!! Beautiful updated brick multi-family with 2 large units upper/lower. This multi-family home gives each resident their own entrance and common basement area. Each unit features a kitchen, dining room, living room, 2 bedrooms and a full bath. Both units are ready for immediate occupancy. Great opportunity to live in one unit and rent the other or rent both for passive income. Well kept and ready for you!!! Full finished basement with a kitchen, bathroom and 2 Spacious bedrooms with its own entrance. Don't miss this one! BATVAI Close to major freeways and a short walk to bus stops. Warranty Deed at closing.

Last Agent to Sell the Property

Alicia Beasley

Keller Williams Realty Great Lakes License #MISPE-6501411726 Listed on: 08/25/2022

Keller Williams Realty Great Lakes

Co-Listed By

Thomas A. Rea, Jr.

Keller Williams Realty Great Lakes License #MISPE-6501232358

Last Buyer's Agent

Daniel Ericksen

Signature Sotheby's International Realty GPF License #RCO-6501408419

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1928

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 48 x 130

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Hot Water Heating System
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 21054793

Community Details

Overview

  • 2 Units
  • Jefferson Park Land Co Ltd Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$773

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 773
  • Year Built: 1928
  • Mail City: Detroit
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Type: Block
  • Bedrooms: 3
  • Bathroom Description: Basement Bath
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Estimated Sq Ft: 1754

Exterior Features

  • Construction: Brick
  • Exterior Features: Porch
  • Foundation Type: Basement
  • Roads: City/County

Utilities

  • Water: Public Water At Street
  • Fuel Type: Natural Gas
  • Heating System: Forced Air, Hot Water
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary, Public At Street

Condo/Co-op/Association

  • Community Amenities: Dogs Allowed, Cats Allowed

Lot Info

  • Assessor Parcel Number: 21054793
  • Lot Dimensions: 48 x 130
  • Acreage: 0.14
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $715.00
  • Winter Tax: Year: 2021, Amount: $58.00
  • Total Tax: Amount: $773.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Detroit City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2022
Closed on
Feb 15, 2023
Sold by
J & N Brothers Properties Llc
Bought by
Potts Patricia
Seller's Agent
Alicia Beasley
Keller Williams Realty Great Lakes
Buyer's Agent
Daniel Ericksen
Signature Sotheby's International Realty GPF
List Price
$169,000
Sold Price
$169,000
Views
13
Current Estimated Value
$162,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,376
Avg. Annual Appreciation
-3.88%
Original Mortgage
$165,938
Outstanding Balance
$161,486
Interest Rate
6.15%
Mortgage Type
FHA
Estimated Equity
-$7,927

Purchase Details

Closed on
Nov 13, 2014
Sold by
Wayne County Treasurer
Bought by
J & N Brothers Properties Llc

Purchase Details

Closed on
Feb 6, 2011
Sold by
Rodgers Lawrence Annie Ruth and Rodgers Lawrence John
Bought by
Lawrence Annie Ruth and Lawrence Deborah
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Potts Patricia $169,000 Regions Title
J & N Brothers Properties Llc $4,100 None Available
Lawrence Annie Ruth -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potts Patricia $165,938
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2023 02/20/23 Sold $169,000 0.0% $96 / Sq Ft
01/12/2023 01/12/23 Pending -- -- --
12/06/2022 12/06/22 For Sale $169,000 0.0% $96 / Sq Ft
10/12/2022 10/12/22 Pending -- -- --
08/25/2022 08/25/22 For Sale $169,000 -- $96 / Sq Ft
Source: Michigan Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,732 $25,300 $0 $0
2023 $749 $16,500 $0 $0
2022 $791 $15,400 $0 $0
2021 $773 $13,500 $0 $0
2020 $772 $13,500 $0 $0
2019 $763 $12,500 $0 $0
2018 $684 $13,700 $0 $0
2017 $107 $14,100 $0 $0
2016 $738 $5,900 $0 $0
2015 $590 $5,900 $0 $0
2013 $691 $6,906 $0 $0
2010 -- $10,124 $879 $9,245
Source: Public Records

Agents Affiliated with this Home

  • Alicia Beasley

    Seller's Agent in 2023

    Alicia Beasley

    Keller Williams Realty Great Lakes

    (313) 334-2130

    2 in this area

    50 Total Sales

    Alicia Beasley
    Section Image

  • T

    Seller Co-Listing Agent in 2023

    Thomas A. Rea, Jr.

    Keller Williams Realty Great Lakes

    1 in this area

    8 Total Sales

    Thomas A. Rea, Jr.
    Section Image
  • Daniel Ericksen

    Buyer's Agent in 2023

    Daniel Ericksen

    Signature Sotheby's International Realty GPF

    (248) 376-2231

    1 in this area

    125 Total Sales

    Daniel Ericksen
    Section Image

  • D

    Buyer's Agent in 2023

    Daniel Treder

    Signature Sotheby's International Realty GPF

    (248) 470-8590

    1 in this area

    74 Total Sales

    Daniel Treder
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50088030

Michigan Multiple Listing Service

APN: 21-054793

Michigan Wayne County Detroit 48215 Fox Creek

4801 Lakewood St, Detroit, MI

This home is located at 4801 Lakewood St, Detroit, MI 48215 since 25 August 2022 and is currently estimated at $162,624, approximately $92 per square foot. This property was built in 1928. 4801 Lakewood St is a home located in Wayne County with nearby schools including Edward 'Duke' Ellington Conservatory of Music and Art, Carstens Academy of Aquatic Science, and Charles L. Spain Elementary-Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Michigan Multiple Listing Service Source MLS: MiRealSource
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