NOT LISTED FOR SALE

765 Lakewood St Detroit, MI 48215

Jefferson Chalmers Neighborhood

Estimated Value: $133,000 - $328,029

3 Beds
1.5 Baths
2,230 Sq Ft
$88/Sq Ft Est. Value

Last Sold September 07, 2018

Last sale price $26,000 $12 Per Sq Ft

Est. 658% increase in value since last sale

Current estimated payment $1,175/month

85 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Heating System Uses Steam
  • Cass Technical High School Rated 10

About This Home

As of September 2018

Beautiful brick colonial located in the Jefferson Chalmers neighborhood! This is a top to bottom gut rehab for serious investors looking to restore this home to its original beauty. Huge open attic that can be converted into additional bedrooms. One block away from the Jefferson Chalmers commercial corridor where significant development is taking place. Jefferson Chalmers has one of the strongest neighborhood associations in Detroit with well kept homes and lawns throughout the neighborhood. This is a handyman's dream property and it won't last long! BATVAI, the listing brokerage is a part of a development company that has an ownership interest in the property

Last Agent to Sell the Property

Damion Ellis

Phoenix Real Estate Co LLC License #6501408540 Listed on: 05/31/2018

Last Buyer's Agent

Enisha Brooks

Tyraa Nicole Properties LLC License #RCO-6501399491

Tyraa Nicole Properties LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1921

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40.00x129.70

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2,230 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Lakewood Blvd Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I054979S

Home Details

Home Type

Single Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 240
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2230
  • Total Sq Ft: 2230
  • Sq Ft Total Bsmt: 1000

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 40
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Steam
  • 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: 291666.6667
  • Lot Size Area: 0.12
  • Lot Dimensions: 40.00X129.70
  • Parcel Number: W21I054979S

Tax Info

  • Tax Amount Summer: 961.0000
  • Tax Amount Winter: 105.0000
  • Total Tax: 1066.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2018
Closed on
Sep 7, 2018
Sold by
Phoenix Real Estate Co Llc
Bought by
Roi Detroit Llc
Seller's Agent
Damion Ellis
Phoenix Real Estate Co LLC
Buyer's Agent
Enisha Brooks
Tyraa Nicole Properties LLC
List Price
$35,000
Sold Price
$26,000
Premium/Discount to List
-$9,000
-25.71%
Current Estimated Value
$197,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,007
Avg. Annual Appreciation
33.98%

Purchase Details

Closed on
Jan 29, 2018
Sold by
Ellis Damion and Ellis Brandon
Bought by
Phoenix Real Estate Co

Purchase Details

Closed on
Oct 23, 2017
Sold by
Sabree Eric R
Bought by
Ellis Brandon Grier Damion

Purchase Details

Closed on
Mar 15, 2013
Sold by
Marino Josephine and Korzeczek Karl
Bought by
Thomas Victoria Burt

Purchase Details

Closed on
Nov 19, 2012
Sold by
Wayne County Treasurer
Bought by
Marino Josephine
Source: Public Records

Range of Values:

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Average Value
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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
Roi Detroit Llc $26,000 None Available
Phoenix Real Estate Co -- None Available
Ellis Brandon Grier Damion $21,000 None Available
Thomas Victoria Burt -- None Available
Marino Josephine $500 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2018 09/07/18 Sold $26,000 -25.7% $12 / Sq Ft
08/24/2018 08/24/18 Pending -- -- --
05/31/2018 05/31/18 For Sale $35,000 -- $16 / 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 $1,252 $55,200 $0 $0
2024 $1,252 $38,000 $0 $0
2023 $1,215 $28,900 $0 $0
2022 $1,294 $21,000 $0 $0
2021 $1,259 $16,700 $0 $0
2020 $1,259 $14,900 $0 $0
2019 $1,240 $11,300 $0 $0
2018 $964 $11,000 $0 $0
2017 $175 $11,200 $0 $0
2016 $1,052 $9,100 $0 $0
2015 $910 $9,100 $0 $0
2013 $1,079 $10,786 $0 $0
2010 -- $15,814 $661 $15,153
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    Damion Ellis

    Phoenix Real Estate Co LLC

  • E

    Buyer's Agent in 2018

    Enisha Brooks

    Tyraa Nicole Properties LLC

    (248) 352-2585

    33 Total Sales

    Enisha Brooks
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Map

Source: Realcomp

MLS Number: 218048144

Realcomp

APN: 21-054979

Michigan Wayne County Detroit 48215 Jefferson Chalmers

765 Lakewood St, Detroit, MI

This home is located at 765 Lakewood St, Detroit, MI 48215 since 31 May 2018 and is currently estimated at $197,007, approximately $88 per square foot. This property was built in 1921. 765 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.

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.

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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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