NOT LISTED FOR SALE

720 Lakewood St Detroit, MI 48215

Jefferson Chalmers Neighborhood

Estimated Value: $191,000 - $252,016

4 Beds
1.5 Baths
2,816 Sq Ft
$79/Sq Ft Est. Value

Last Sold April 03, 2020

Last sale price $121,500 $43 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,288/month

160 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • 2 Car Detached Garage

About This Home

As of April 2020

Unique opportunity to own one of the largest houses in Jefferson Chalmers!! This stately four bedroom Colonial boasts hardwood floors throughout, roomy kitchen, half bath on entry level. Spacious bedrooms with large closets and connected storage rooms. Two car garage, full basement and attic space provide ample storage. Recently occupied, move in ready. Some cosmetic updates needed, but this has the potential to be a standout property in this increasingly desirable and rapidly developing neighborhood. Tremendous price per square foot value on an extra wide 60 x 140 lot!

Last Agent to Sell the Property

Ben Ness

Clyde Realty LLC License #6501394137 Listed on: 10/04/2019

Co-Listed By

Alex Lauer

Clyde Realty LLC License #6501387117

Last Buyer's Agent

David Rabior

Clyde Realty LLC License #6501406276

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1920

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 60.00x140.00

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2,816 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association
  • Marshland Blvd Sub Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number W21I054473S

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,250

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 3 Story
  • Warranty: Yes
  • Year Built: 1920
  • State Equalized Value: 16000.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2816
  • Total Sq Ft: 2816
  • Sq Ft Total Bsmt: 600

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 60
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 662631.5789
  • Lot Size Area: 0.19
  • Lot Dimensions: 60.00X140.00
  • Parcel Number: W21I054473S

Tax Info

  • Tax Amount Summer: 1139.0000
  • Tax Amount Winter: 111.0000
  • Total Tax: 1250.0000
  • Taxable Value: 11674.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2019
Closed on
Apr 3, 2020
Sold by
Eastlawn Llc
Bought by
Deck William
Seller's Agent
Ben Ness
Clyde Realty LLC
Buyer's Agent
David Rabior
Clyde Realty LLC
List Price
$139,900
Sold Price
$121,500
Premium/Discount to List
-$18,400
-13.15%
Current Estimated Value
$207,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,023
Avg. Annual Appreciation
11.88%
Original Mortgage
$85,050
Outstanding Balance
$75,224
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$146,030

Purchase Details

Closed on
Sep 13, 2018
Sold by
Brown Anthony
Bought by
Eastlawn Llc

Purchase Details

Closed on
Oct 26, 2016
Sold by
Sabree Eric R
Bought by
Brown Anthony

Purchase Details

Closed on
Nov 16, 2012
Sold by
Wayne County Treasurer
Bought by
Belmont Properties Of Michigan
Source: Public Records

Range of Values:

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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
Deck William $121,500 Ata National Title Group Llc
Eastlawn Llc -- Great Lakes Title Of Michiga
Brown Anthony $12,200 None Available
Belmont Properties Of Michigan $2,607 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deck William $85,050
Previous Owner Hills Alonzo J $19,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2020 04/03/20 Sold $121,500 -3.5% $43 / Sq Ft
03/12/2020 03/12/20 Pending -- -- --
02/24/2020 02/24/20 Price Changed $125,900 -0.5% $45 / Sq Ft
02/04/2020 02/04/20 Price Changed $126,500 -0.8% $45 / Sq Ft
01/06/2020 01/06/20 Price Changed $127,500 -1.8% $45 / Sq Ft
11/19/2019 11/19/19 Price Changed $129,900 -3.0% $46 / Sq Ft
11/12/2019 11/12/19 Price Changed $133,900 -0.7% $48 / Sq Ft
11/07/2019 11/07/19 Price Changed $134,900 -1.2% $48 / Sq Ft
10/28/2019 10/28/19 Price Changed $136,500 -2.4% $48 / Sq Ft
10/04/2019 10/04/19 For Sale $139,900 -- $50 / 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 $1,810 $87,700 $0 $0
2024 $1,810 $60,300 $0 $0
2023 $1,758 $45,800 $0 $0
2022 $1,882 $32,500 $0 $0
2021 $1,828 $25,900 $0 $0
2020 $1,827 $23,200 $0 $0
2019 $1,798 $17,600 $0 $0
2018 $1,139 $16,000 $0 $0
2017 $217 $16,400 $0 $0
2016 $1,248 $11,300 $0 $0
2015 $1,130 $11,300 $0 $0
2013 $1,333 $13,330 $0 $0
2010 -- $19,544 $1,017 $18,527
Source: Public Records

Agents Affiliated with this Home

  • Ben Ness

    Seller's Agent in 2020

    Ben Ness

    Clyde Realty LLC

    (313) 230-0510

    22 in this area

    402 Total Sales

    Section Image
  • Alex Lauer

    Seller Co-Listing Agent in 2020

    Alex Lauer

    Clyde Realty LLC

    (313) 230-0510

    25 in this area

    378 Total Sales

    Section Image
  • David Rabior

    Buyer's Agent in 2020

    David Rabior

    Clyde Realty LLC

    (586) 329-8618

    360 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 219105787

Realcomp

APN: 21-054473

Michigan Wayne County Detroit 48215 Jefferson Chalmers

720 Lakewood St, Detroit, MI

This home is located at 720 Lakewood St, Detroit, MI 48215 since 04 October 2019 and is currently estimated at $221,254, approximately $78 per square foot. This property was built in 1920. 720 Lakewood St is a home located in Wayne County with nearby schools including Carstens Academy of Aquatic Science, Edward 'Duke' Ellington Conservatory of Music and Art, and Charles L. Spain Elementary-Middle School.

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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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