NOT LISTED FOR SALE

5750 Lakewood St Detroit, MI 48213

Chandler Park Neighborhood

Estimated Value: $45,000 - $86,000

2 Beds
1 Bath
1,219 Sq Ft
$55/Sq Ft Est. Value

Last Sold August 04, 2020

Last sale price $8,000 $7 Per Sq Ft

Est. 745% increase in value since last sale

Current estimated payment $440/month

5 Days on Market

Highlights

  • No HOA
  • 1 Car Detached Garage
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • 1-Story Property

About This Home

As of August 2020

This property has an amazing potential to be an investment. NEEDS REHAB.

Last Agent to Sell the Property

Mohamed Sobh

Ace of Real Estate LLC License #6502426338 Listed on: 07/17/2020

Last Buyer's Agent

Alex Farhat

Keller Williams Legacy License #RCO-6501361826

Keller Williams Legacy

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40.00x108.00

Parking

  • 1 Car Detached Garage

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,219 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Lower Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Werner's Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I054705S

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Level: 1 Story
  • Year Built: 1925
  • State Equalized Value: 7100.0000
  • Entry Location: Lower Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 4
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1219
  • Total Sq Ft: 1219
  • Sq Ft Total Bsmt: 975

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl, Wood
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: 1 Assigned Space, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 100000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 40.00X108.00
  • Parcel Number: W21I054705S

Tax Info

  • Tax Amount Summer: 801.0000
  • Tax Amount Winter: 67.0000
  • Total Tax: 868.0000
  • Taxable Value: 7100.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2023
Sold by
Lagos Yolanda
Bought by
Lagos-Martinez Mary Ann
Current Estimated Value
$67,584

Purchase Details

Closed on
Sep 14, 2021
Sold by
Lagos Max
Bought by
Lagos Yolanda

Purchase Details

Closed on
Jul 26, 2018
Sold by
Wilkins Realty Llc
Bought by
Smith Jamiel

Purchase Details

Closed on
Nov 16, 2017
Sold by
Sabree Eric R
Bought by
Wilkins Realty Llc

Purchase Details

Closed on
Dec 4, 2014
Sold by
Treasurer Of The Charter County Of Wayne
Bought by
United Community Housing Coalition
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
Lagos-Martinez Mary Ann -- None Listed On Document
Lagos Yolanda -- None Available
Smith Jamiel -- None Available
Wilkins Realty Llc $1,000 None Available
United Community Housing Coalition $1,600 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2020 08/04/20 Sold $8,000 -20.0% $7 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $10,000 -- $8 / Sq Ft
Source: Realcomp

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
2025 $885 $22,500 $0 $0
2024 $885 $19,000 $0 $0
2023 $858 $15,400 $0 $0
2022 $908 $11,700 $0 $0
2021 $886 $7,400 $0 $0
2020 $880 $7,900 $0 $0
2019 $868 $7,100 $0 $0
2018 $533 $6,200 $0 $0
2017 $71 $6,200 $0 $0
2016 $569 $3,900 $0 $0
2015 $390 $3,900 $0 $0
2013 $452 $4,518 $0 $0
2010 -- $6,623 $800 $5,823
Source: Public Records

Agents Affiliated with this Home

  • Mohamed Sobh

    Seller's Agent in 2020

    Mohamed Sobh

    Ace of Real Estate LLC

    (313) 703-0093

    57 Total Sales

    Mohamed Sobh
    Section Image
  • Alex Farhat

    Buyer's Agent in 2020

    Alex Farhat

    Keller Williams Legacy

    (313) 932-4111

    1 in this area

    120 Total Sales

    Alex Farhat
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2200055869

Realcomp

APN: 21-054705

Michigan Wayne County Detroit 48213 Chandler Park

5750 Lakewood St, Detroit, MI

This home is located at 5750 Lakewood St, Detroit, MI 48213 since 17 July 2020 and is currently estimated at $67,584, approximately $55 per square foot. This property was built in 1925. 5750 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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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