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$118,500

Beds
3
Baths
1.5
sq ft
1,248

5992 Lakewood St, Detroit, MI 48213

5992 Lakewood St

Detroit, MI 48213

  • 90 days on market
    • Price drop $9,400↓
This beautifully maintained brick home offers charm and convenience in a quiet neighborhood, perfect for those seeking both comfort and accessibility. Featuring 3 spacious bedrooms and 1 full bath upstairs plus 1/2 bath in the basement, the home boasts timeless features such as a natural fireplace in the living room, adding warmth and character. Hardwood floors lie beneath the carpet, just waiting to be uncovered. The adorable kitchen adds a cozy touch, while basement provides extra space for storage or recreation. Outside, you'll find lovely flower gardens and a large backyard, ideal for relaxing or entertaining. Close to expressways for an easy commute, with furniture and appliances available for purchase at an additional price. Don't miss this opportunity to own a classic home in a prime location.

Details

Property type

Single Family Residence

Est. home value

$108,144

Lot size

4,356 sq ft

Price per sq ft

$95

Year built

1926

Annual property taxes

$788

Price History

12/13/2024
Realcomp

Realcomp #20240071403

Price change
$118,500
-7.35%
10/26/2024
Realcomp

Realcomp #20240071403

Price change
$127,900
-1.61%
10/04/2024
Realcomp

Realcomp #20240071403

Price change
$129,999
-7.14%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Detroit

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

One Detroit Cu

Loan start date

May 2023

Original loan amount

$30,000

Est. remaining balance

Not provided

Interest rate

5.9%

Loan type

Credit Line (Revolving), 10 year

Seller

Rosa L Williams

Lender

One Detroit Cu

Loan start date

May 2023

Original loan amount

$30,000

Est. remaining balance

Not provided

Interest rate

5.9%

Loan type

Credit Line (Revolving), 10 year

Seller

Rosa L Williams

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/22/2024 at 4:15 PM

Listing updated: 12/13/2024 at 3:40 PM

Listed by: Jeff Glover, KW Professionals Phone #: (734) 459-4700

MLS: Realcomp #20240071403

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