NOT LISTED FOR SALE

5900 Lenox St Detroit, MI 48213

Chandler Park Neighborhood

Estimated Value: $64,000 - $137,000

4 Beds
2 Baths
2,060 Sq Ft
$43/Sq Ft Est. Value

Last Sold November 13, 2023

Last sale price $55,000 $27 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $660/month

13 Days on Market

Highlights

  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • 1 Car Garage

About This Home

As of November 2023

Welcome to this incredible investment opportunity in the heart of Chandler Park, Detroit's strong rental market area. This 2-family home features 2 bedrooms and 1 bathroom in each unit, offering the perfect blend of comfort and potential high rental income.

Located near the new Tony Hawk skatepark and Chandler Park Marshlands.


Don't miss out on this golden opportunity to invest in one of Detroit's most sought-after rental areas. Contact us today to schedule a viewing and take the first step toward a rewarding investment.

Seller has furnaces and water heaters in storage. They will be included for pickup by buyer after closing. Buyer will need to install.

Information deemed reliable but not guaranteed. Buyer's agent to verify all information.

Last Agent to Sell the Property

Brent Maxwell

Propfoxx License #6501345023 Listed on: 09/27/2023

Last Buyer's Agent

Joe Hammel

Keller Williams Somerset License #6501422602

Keller Williams Somerset

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1930

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 37.00 x 100.00

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,060 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number W21I049862S

Community Details

Overview

  • 2 Units
  • Parkside Manor Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,108

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: 340.00
  • Year Built: 1930
  • State Equalized Value: 17000.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2060
  • Total Sq Ft: 2060
  • Sq Ft Total Bsmt: 1008

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 1

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Water at Street

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.09
  • Lot Dimensions: 37.00 x 100.00
  • Parcel Number: W21I049862S
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 2800

Tax Info

  • Tax Amount Summer: 1005.0000
  • Tax Amount Winter: 103.0000
  • Total Tax: 1108.0000
  • Taxable Value: 10949.0000

Multi Family

  • Gross Scheduled Income: 33600.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2023
Closed on
Nov 13, 2023
Sold by
Merriman Holdings Llc
Bought by
58Th Group Midwest Llc
Seller's Agent
Brent Maxwell
Propfoxx
Buyer's Agent
Joe Hammel
Keller Williams Somerset
List Price
$58,000
Sold Price
$55,000
Premium/Discount to List
-$3,000
-5.17%
Views
2
Current Estimated Value
$88,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,667
Avg. Annual Appreciation
9.26%
Original Mortgage
$82,223
Interest Rate
7.57%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 5, 2018
Sold by
Jacobs Koletsy Family Trust
Bought by
Merriman Holdings Llc

Purchase Details

Closed on
Apr 28, 2017
Sold by
Kerrigan John
Bought by
Jacobs Koletsky Family Trust

Purchase Details

Closed on
Nov 5, 2014
Sold by
Nationstar Mortgage Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 1, 2014
Sold by
Davis Addie
Bought by
Nationstar Mortgage Llc and Champion Mortgage Company

Purchase Details

Closed on
Mar 7, 2007
Sold by
Davis Addie and Brown Cheyenne
Bought by
Davis Addie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,500
Interest Rate
6.43%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 30, 2003
Sold by
Davis Kenneth and Drew Sherolyn
Bought by
Davis Addie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 28, 2003
Sold by
Lewis Crystal and Lewis Jerome
Bought by
Davis Addie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
58Th Group Midwest Llc $55,000 None Listed On Document
58Th Group Midwest Llc $55,000 None Listed On Document
Merriman Holdings Llc $8,500 None Available
Jacobs Koletsky Family Trust $55,000 Fidelity National Title
Federal National Mortgage Association -- Change Of Title Inc
Nationstar Mortgage Llc $111,668 Change Of Title Inc
Davis Addie -- None Available
Davis Addie -- H & H Title Inc
Davis Addie -- H & H Title Inc
Davis Addie -- H & H Title Inc
Davis Addie -- H & H Title Inc
Davis Addie -- H & H Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 58Th Group Midwest Llc $82,223
Previous Owner Davis Addie $160,500
Previous Owner Davis Addie $160,500
Previous Owner Brown Cheyenne $64,000
Previous Owner Davis Addie $39,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2023 11/13/23 Sold $55,000 -5.2% $27 / Sq Ft
10/10/2023 10/10/23 Pending -- -- --
09/27/2023 09/27/23 For Sale $58,000 +1346.0% $28 / Sq Ft
03/20/2016 03/20/16 Sold $4,011 +33.7% $2 / Sq Ft
03/04/2016 03/04/16 Pending -- -- --
02/26/2016 02/26/16 For Sale $3,000 -- $1 / 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 $2,119 $31,700 $0 $0
2024 $2,119 $26,800 $0 $0
2023 $1,225 $21,800 $0 $0
2022 $1,297 $17,000 $0 $0
2021 $1,265 $10,600 $0 $0
2020 $1,278 $11,400 $0 $0
2019 $1,260 $10,400 $0 $0
2018 $1,064 $9,400 $0 $0
2017 $180 $9,500 $0 $0
2016 $1,175 $12,400 $0 $0
2015 $1,240 $12,400 $0 $0
2013 $1,269 $14,531 $0 $0
2010 -- $21,304 $662 $20,642
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Brent Maxwell

    Propfoxx

    Section Image
  • Joe Hammel

    Buyer's Agent in 2023

    Joe Hammel

    Keller Williams Somerset

    (330) 844-5209

    4 in this area

    1,017 Total Sales

    Joe Hammel
    Section Image

  • J

    Seller's Agent in 2016

    John Koerner

    Premier Realty Professionals, Inc

    (313) 220-2291

    18 Total Sales

    John Koerner
    Section Image

  • W

    Buyer's Agent in 2016

    William Schulze

    GSA Elite Realty

    (248) 739-0439

    23 Total Sales

    William Schulze
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20230082545

Realcomp

APN: 21-049862

Michigan Wayne County Detroit 48213 Chandler Park

5900 Lenox St, Detroit, MI

This home is located at 5900 Lenox St, Detroit, MI 48213 since 27 September 2023 and is currently estimated at $88,667, approximately $43 per square foot. This property was built in 1930. 5900 Lenox 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
Copyright 2025 Realcomp II Ltd. Shareholders
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

Nearby Homes