NOT LISTED FOR SALE

789 Lakewood St Detroit, MI 48215

Jefferson Chalmers Neighborhood

Estimated Value: $179,000 - $282,000

4 Beds
1.5 Baths
2,112 Sq Ft
$109/Sq Ft Est. Value

Last Sold April 10, 2020

Last sale price $170,000 $80 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,323/month

10 Days on Market

Highlights

  • Colonial Architecture
  • Ground Level Unit
  • No HOA
  • Cass Technical High School Rated 10

About This Home

As of April 2020

Nicely restored Colonial on a great block in Jefferson Chalmers! Sturdy brick 4 bedroom boasts stunning hardwood floors, spacious bedrooms, updated kitchen with granite countertops. Finished third floor would make perfect studio or play room. Superbly located in this rising neighborhood, recently designated a National Treasure! Walking distance to Detroit River, A.B. Ford Park, Jefferson Ave. Grosse Pointe amenities at your fingertips! $2500 appliance credit with full price offer!

Last Agent to Sell the Property

Ben Ness

Clyde Realty LLC License #6501394137 Listed on: 02/16/2020

Co-Listed By

Alex Lauer

Clyde Realty LLC License #6501387117

Last Buyer's Agent

Tim Plevin

Real Estate One-St Clair Shrs License #RCO-6501080265

Real Estate One-St Clair Shrs

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1921

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40.00x130.00
  • Property fronts a private road

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2,112 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Location

  • Ground Level Unit

Utilities

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

Community Details

  • No Home Owners Association
  • Lakewood Blvd Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I054976S
  • $6,800 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$836

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 3 Story
  • Year Built: 1921
  • State Equalized Value: 12700.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Room Count: 14
  • Total Bedrooms: 4
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2112
  • Total Sq Ft: 2112
  • Sq Ft Total Bsmt: 900

Exterior Features

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

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Radiant
  • 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: 1408333.3333
  • Lot Size Area: 0.12
  • Lot Dimensions: 40.00X130.00
  • Parcel Number: W21I054976S

Tax Info

  • Tax Amount Summer: 772.0000
  • Tax Amount Winter: 64.0000
  • Total Tax: 836.0000
  • Taxable Value: 6728.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2020
Closed on
May 21, 2020
Sold by
Wright Robert Lee and Wright Laura E
Bought by
Wright Robert Lee and Wright Laura E
Seller's Agent
Ben Ness
Clyde Realty LLC
Buyer's Agent
Tim Plevin
Real Estate One-St Clair Shrs
List Price
$169,000
Sold Price
$170,000
Premium/Discount to List
$1,000
0.59%
Current Estimated Value
$230,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,045
Avg. Annual Appreciation
4.33%
Original Mortgage
$166,920
Outstanding Balance
$149,202
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$64,563

Purchase Details

Listed on
Feb 16, 2020
Closed on
Apr 9, 2020
Sold by
Zitadelle Properties Inc
Bought by
Writht Robert Lee and Writht Laura E
Seller's Agent
Ben Ness
Clyde Realty LLC
Buyer's Agent
Tim Plevin
Real Estate One-St Clair Shrs
List Price
$169,000
Sold Price
$170,000
Premium/Discount to List
$1,000
0.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,920
Outstanding Balance
$149,202
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$64,563

Purchase Details

Closed on
Dec 10, 2007
Sold by
Bank Of New York
Bought by
Zitadelle Properties Inc

Purchase Details

Closed on
Sep 26, 2007
Sold by
Federal National Mortgage Association
Bought by
Bank Of New York and Cwabs Inc Asset Backed Notes Series 2006

Purchase Details

Closed on
Apr 11, 2007
Sold by
Mortgage Electronic Registration Systems
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 28, 2007
Sold by
Glover Jessie D and Payne Karen L
Bought by
Mortgage Electronic Registration Systems
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
Wright Robert Lee -- None Available
Writht Robert Lee $170,000 Ata National Title Group Llc
Zitadelle Properties Inc $14,500 Attorneys Title Agency Llc
Bank Of New York -- None Available
Federal National Mortgage Association -- None Available
Mortgage Electronic Registration Systems $117,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Laura E $14,643
Open Wright Robert Lee $34,932
Open Wright Robert L $51,900
Open Wright Robert Lee $166,920
Closed Wright Robert Lee $5,658
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2020 04/10/20 Sold $170,000 +0.6% $80 / Sq Ft
02/26/2020 02/26/20 Pending -- -- --
02/16/2020 02/16/20 For Sale $169,000 -- $80 / 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 $846 $64,400 $0 $0
2024 $846 $44,300 $0 $0
2023 $820 $33,600 $0 $0
2022 $867 $24,300 $0 $0
2021 $847 $19,400 $0 $0
2020 $847 $17,000 $0 $0
2019 $835 $12,700 $0 $0
2018 $746 $12,700 $0 $0
2017 $122 $13,000 $0 $0
2016 $807 $10,400 $0 $0
2015 $636 $10,400 $0 $0
2013 $1,232 $12,323 $0 $0
2010 -- $18,066 $661 $17,405
Source: Public Records

Agents Affiliated with this Home

  • Ben Ness

    Seller's Agent in 2020

    Ben Ness

    Clyde Realty LLC

    (313) 230-0510

    21 in this area

    400 Total Sales

    Ben Ness
    Section Image
  • Alex Lauer

    Seller Co-Listing Agent in 2020

    Alex Lauer

    Clyde Realty LLC

    (313) 230-0510

    24 in this area

    379 Total Sales

    Alex Lauer
    Section Image

  • T

    Buyer's Agent in 2020

    Tim Plevin

    Real Estate One-St Clair Shrs

    (586) 850-0723

    34 Total Sales

    Tim Plevin
    Section Image
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Map

Source: Realcomp

MLS Number: 2200012667

Realcomp

APN: 21-054976

Michigan Wayne County Detroit 48215 Jefferson Chalmers

789 Lakewood St, Detroit, MI

This home is located at 789 Lakewood St, Detroit, MI 48215 since 16 February 2020 and is currently estimated at $230,045, approximately $108 per square foot. This property was built in 1921. 789 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.

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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