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Sold for $248,000
  • $248,000

    527 Lakewood St, Detroit, MI 48215

    3beds
    1,687sqft
    Single Family Residence
    Built in 1925
    5,227 Square Feet Lot
    $249,900 Zestimate®
    $147/sqft
    $1,518 Estimated rent

    Home value

    $249,900

    $235,000 - $265,000

    $1,518/mo

    Zestimate® history
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    What's special

    Brick hearthModern updatesLarge backyardModern ceiling fansHook upsFull privacy fenceNeighborhood grocery
    Beautifully designed home in Jefferson Chalmers offering modern updates & original character at a fantastic price! The living room has a wood burning fireplace, brick hearth, custom shelving surrounding the mantle, new ceiling fan, refinished original hardwood floors, & three large windows that flood the room in natural light. The living room opens to the dining room with hardwood floors, three large windows, & a modern chandelier that centers the room. Off of the dining room is a brand new stylish kitchen with custom cabinetry, quartz countertops & backsplash, large stainless steel sink, Italian stainless steel appliances, modern wall sconces, floating shelves, & windows that let in extra sunshine. A brand new lavatory and foyer with custom bench round out the first floor. The second floor has three bedrooms, each with spacious closets, modern ceiling fans, and hardwood floors. The full bathroom on the second floor was restored with a new vanity, lighting, sink, faucet, & shower/bath fixtures while keeping the character of the original bathtub, ceramic tile floor & built in cabinet. The hallway on the second floor has a built in linen cabinet. Original doors & glass hardware handles are located throughout the home. Full basement has rooms for storage & hook ups for washer and dryer. Large backyard with storage shed & full privacy fence offers a lovely space for a future homeowner to make their own. Brand new roof, gutters, furnace, air-conditioner, & electrical updates. Drop your kayak in on the nearby canals! Lakewood street has one of best tree canopies of mature sycamore trees in the entire city. Walk to three parks on the Detroit River, Coriander Kitchen & Farm on the canals, Marshall's Bar, Yellowlight Donuts, Detroit Soul BBQ, & Neighborhood Grocery. Close to retail district in Grosse Pointe Park & Detroit's West Village. Commute to downtown Detroit in 18 mins via car, 35 minutes via bicycle, & 38 minutes via bus. Property is located in a FEMA designated flood plain. Financing will require flood insurance.

    Zillow last checked:

    Listing updated:

    Listed by:

    Gustaf Andreasen 313-690-3368,

    @properties Christie's Int'l R.E. Detroit

    Bought with:

    Ryan Thero, 6501431007

    KW Domain

    Source: Realcomp II,MLS#: 20230097443MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Heating
    • Forced Air, Natural Gas
    Appliances
    • Included: Dishwasher, Free Standing Gas Oven, Free Standing Refrigerator
    Features
    • Basement: Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,687 sqft
    • Finished area above ground: 1,687

    Property

    Parking
    • Parking features: No Garage
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: GroundLevelwSteps
    • Pool features: None
    Lot
    • Size: 5,227 Square Feet
    • Dimensions: 40.00 x 130.00
    Details
    • Parcel number: W21I055007S
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Foundation: Basement, Brick Mortar
    Condition
    • New construction: No
    • Year built: 1925
    • Major remodel year: 2023

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: LAKEWOOD BLVD ADDITION (PLATS)
    HOA
    • Has HOA: No
    Location
    • Region: Detroit

    Financial & listing details

    • Price per square foot: $147/sqft
    • Tax assessed value: $9,956
    • Annual tax amount: $924
    • Date on market: 11/15/2023
    • Cumulative days on market: 41 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Warranty Deed
    • Exclusions: Exclusion(s) Do Not Exist

    Price history

    DateEventPrice
    1/22/2024Sold$248,000-0.8%$147/sqft
    Source: Realcomp II #20230097443 Report a problem
    12/27/2023Pending sale$250,000$148/sqft
    Source: Realcomp II #20230097443 Report a problem
    12/13/2023Listing removed--
    Source: Realcomp II #20230097443 Report a problem
    11/15/2023Listed for sale$250,000+177.8%$148/sqft
    Source: Realcomp II #20230097443 Report a problem
    6/30/2023Sold$90,000-30.8%$53/sqft
    Source: Realcomp II #20221038841 Report a problem
    5/18/2023Pending sale$130,000$77/sqft
    Source: Realcomp II #20221038841 Report a problem
    3/14/2023Price change$130,000-3.6%$77/sqft
    Source: Realcomp II #20221038841 Report a problem
    2/2/2023Price change$134,900-3.6%$80/sqft
    Source: Realcomp II #20221038841 Report a problem
    12/31/2022Price change$139,900-3.5%$83/sqft
    Source: Realcomp II #20221038841 Report a problem
    9/9/2022Listed for sale$145,000+504.2%$86/sqft
    Source: Realcomp II #20221038841 Report a problem
    11/13/2015Sold$24,000$14/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $43,400 +31.9%
    2024-- $32,900 +36.5%
    2023-- $24,100 +26.2%
    2022-- $19,100 +13.7%
    2021-- $16,800
    2020$587 -29.6%$16,800 +34.4%
    2019$833 $12,500 +11.6%
    2018$833 $11,200 -2.6%
    2017-- $11,500 +36.9%
    2016$727 $8,400
    2015$727 -26.8%$8,400 -15.5%
    2013$994 +36.6%$9,939 -31.8%
    2010$727 $14,571 -18%
    2009-- $17,769 -14.5%
    2008-- $20,782
    2007-- $20,782 +5.5%
    2005$107 $19,699 +3%
    2004-- $19,125
    Find assessor info on the county website

    Neighborhood: Jefferson Chalmers

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $249,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $249,900