NOT LISTED FOR SALE

888 Lakewood St Detroit, MI 48215

Jefferson Chalmers Neighborhood

Estimated Value: $211,000 - $379,000

5 Beds
2.5 Baths
2,700 Sq Ft
$110/Sq Ft Est. Value

Last Sold August 10, 2023

Last sale price $326,000 $121 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $1,998/month

296 Days on Market

Highlights

  • Outdoor Pool
  • Colonial Architecture
  • 2 Car Detached Garage
  • Cass Technical High School Rated 10
  • No HOA
  • Hot Water Heating System

About This Home

As of August 2023

Completely renovated stately colonial located and quickly up and coming community of Jefferson Chalmers. This 1922 colonial has been renovated back to is charming glory not one part of this home has been untouched all you need to do is move right in. Updates that you have to see to believe and that include, brand new kitchen, brand new bathrooms, all new windows, new furnace & A/C, new electrical, refinished floors so much more. Endless charm and character throughout from its front sitting room perfect for your morning coffee, large family room with natural fireplace, open concept kitchen perfect for entertaining plus the third floor that can easily be used as the primary suite or just a bonus living room. Steps from the water and the award wining restaurant Coriander do not let this one pass you by.

Last Agent to Sell the Property

Spencer Ray

Jim Saros Real Estate Services License #6501409153 Listed on: 10/07/2022

Last Buyer's Agent

Spencer Ray

Jim Saros Real Estate Services License #6501409153 Listed on: 10/07/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1922 | Remodeled in 2022

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 40.00 x 154.00

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2,700 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Additional Features

  • Outdoor Pool
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number W21I054494S
  • $3,100 Seller Concession

Community Details

Overview

  • No Home Owners Association
  • Marshland Blvd Sub Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,070

Year Built

Built in 1922 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 3 Story
  • Assessment: 240.00
  • Year Built: 1922
  • State Equalized Value: 26400.0000
  • Year Renovated: 2022
  • Entry Location: Ground Level w/Steps
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Room Count: 14
  • Total Bedrooms: 5
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2700
  • Total Sq Ft: 2700
  • Sq Ft Total Bsmt: 628

Exterior Features

  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Pool – Community
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 40
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Hot Water
  • Sewer: Sewer at Street
  • Water Source: Water at Street

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.14
  • Lot Dimensions: 40.00 x 154.00
  • Parcel Number: W21I054494S

Tax Info

  • Tax Amount Summer: 958.0000
  • Tax Amount Winter: 112.0000
  • Total Tax: 1070.0000
  • Taxable Value: 11804.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Aug 10, 2023
Sold by
888 Lakewood Llc
Bought by
Chamberlain Kristopher
Seller's Agent
Spencer Ray
Jim Saros Real Estate Services
Buyer's Agent
Spencer Ray
Jim Saros Real Estate Services
List Price
$369,900
Sold Price
$326,000
Premium/Discount to List
-$43,900
-11.87%
Views
258
Current Estimated Value
$296,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,898
Avg. Annual Appreciation
-0.88%
Original Mortgage
$309,700
Outstanding Balance
$304,135
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$15,972

Purchase Details

Listed on
Oct 7, 2022
Closed on
Aug 3, 2023
Sold by
Korzeezek Karl and Korzeezek Josephine
Bought by
888 Lakewood L L C
Seller's Agent
Spencer Ray
Jim Saros Real Estate Services
Buyer's Agent
Spencer Ray
Jim Saros Real Estate Services
List Price
$369,900
Sold Price
$326,000
Premium/Discount to List
-$43,900
-11.87%
Views
258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,700
Outstanding Balance
$304,135
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$15,972

Purchase Details

Closed on
Jan 12, 2022
Sold by
Touchstone Realty Llc
Bought by
888 Lakewood Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2021
Sold by
Spirit Of Excellence Church Of God In Ch
Bought by
Touchstone Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2021
Sold by
Marino Josephine and Korzeczek Karl
Bought by
Spirit Of Excellence Chr Of God In Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2018
Sold by
Marino Josephine
Bought by
Marino Josephine and Korzeczek Karl

Purchase Details

Closed on
Nov 19, 2012
Sold by
Wayne County Treasurer
Bought by
Marino Josephine and Korzeczek Karl

Purchase Details

Closed on
Mar 8, 2006
Sold by
Henry Samuel L
Bought by
Wells Fargo Bank Na and Home Equity Loan Asset Backed Certificat
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
Chamberlain Kristopher $326,000 None Listed On Document
888 Lakewood L L C -- None Listed On Document
888 Lakewood Llc $95,000 None Listed On Document
Touchstone Realty Llc $15,000 None Listed On Document
Spirit Of Excellence Chr Of God In Chris -- None Available
Marino Josephine -- None Available
Marino Josephine $3,117 None Available
Wells Fargo Bank Na $95,656 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chamberlain Kristopher $309,700
Previous Owner Touchstone Realty Llc $62,000
Previous Owner Henry Samuel L $89,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2023 08/10/23 Sold $326,000 -8.1% $121 / Sq Ft
07/31/2023 07/31/23 Pending -- -- --
04/28/2023 04/28/23 Price Changed $354,900 -4.1% $131 / Sq Ft
03/03/2023 03/03/23 For Sale $369,900 +13.5% $137 / Sq Ft
03/02/2023 03/02/23 Off Market $326,000 -- --
01/25/2023 01/25/23 Price Changed $369,900 -2.6% $137 / Sq Ft
01/04/2023 01/04/23 Price Changed $379,900 -5.0% $141 / Sq Ft
10/10/2022 10/10/22 Price Changed $399,999 0.0% $148 / Sq Ft
10/07/2022 10/07/22 For Sale $399,900 -- $148 / 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 $4,642 $109,200 $0 $0
2024 $4,642 $75,000 $0 $0
2023 $3,912 $47,700 $0 $0
2022 $1,306 $33,300 $0 $0
2021 $1,270 $26,400 $0 $0
2020 $1,270 $22,800 $0 $0
2019 $1,251 $16,800 $0 $0
2018 $1,099 $16,500 $0 $0
2017 $207 $16,900 $0 $0
2016 $1,204 $10,800 $0 $0
2015 $1,080 $10,800 $0 $0
2013 $1,277 $12,773 $0 $0
2010 -- $18,728 $538 $18,190
Source: Public Records

Agents Affiliated with this Home

  • Spencer Ray

    Seller's Agent in 2023

    Spencer Ray

    Jim Saros Real Estate Services

    (313) 886-9030

    8 in this area

    198 Total Sales

    Spencer Ray
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Map

Source: Realcomp

MLS Number: 20221049588

Realcomp

APN: 21-054494

Michigan Wayne County Detroit 48215 Jefferson Chalmers

888 Lakewood St, Detroit, MI

This home is located at 888 Lakewood St, Detroit, MI 48215 since 07 October 2022 and is currently estimated at $296,102, approximately $109 per square foot. This property was built in 1922. 888 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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