Sold
5059 LAKEVIEW Street, Detroit, MI 48213
Sold on 02/14/2025 for$75,000
MLS # 20240084787 (Realcomp)
4 beds2 baths1,688 sqftBuilt 19290.1 acres
1 / 24
Listing Description
Charming 4-bedroom, 1.5-bath home ready for a new owner! This property features a cozy working fireplace and offers great potential with a little TLC. BATVAI (Buyer’s Agent to Verify All Information). Perfect for those looking to customize their dream space or for a savvy investor.
Source: SparkMLS
About this home
4-bedroom, 2-bath, 1,688 sq ft home in Chandler Park in Detroit built in 1929.
Final sale price: $75,000 (about $44/sq ft).
Annual property taxes run approximately $1,656 ($138/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Broadband is available with download speeds up to 1,200 Mbps from 8 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms4
Bathrooms2
Living Area1,688 sqft
Lot Size0.1 acres
Year Built1929
Stories2
Location
CityDetroit
Zip Code48213
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
BasementMichigan Basement
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed11/8/2024
Sold Date2/13/2025
Original Price$140,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$1,096
Tax Year2025
State Equalized Value$25,800
Assessed Value$25,800
Homestead (PRE)100%
Parcel #21052500.
Source: Public Records
Legal Description
W LAKEVIEW 934 JEFFERSON PARK LAND CO LIMITED SUB NO 1 L50 P78 PLATS, W C R 21/755 40 X 108
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Lashawn Peterson
EXP Realty Main
Frequently Asked Questions about 5059 LAKEVIEW Street, Detroit, MI 48213
What school district is 5059 LAKEVIEW Street, Detroit, MI 48213 in?
Per MLS# 20240084787, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 20240084787, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20240084787, the most recent reported annual property tax for 5059 LAKEVIEW Street, Detroit, MI 48213 is $782. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 5059 LAKEVIEW Street, Detroit, MI 48213 eligible for USDA financing?
Per USDA Rural Development boundary data, 5059 LAKEVIEW Street, Detroit, MI 48213 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 5059 LAKEVIEW Street, Detroit, MI 48213 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Is fiber internet available at 5059 LAKEVIEW Street, Detroit, MI 48213?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 5059 LAKEVIEW Street, Detroit, MI 48213. The maximum advertised download speed is 1.2 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Wayne County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
Tax Estimate
$
Annual tax$1,656
Monthly$138
Millage rate64.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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%
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Monthly payment$754
Principal & interest$616
Property taxes$138
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
1.2 Gbps
Upload
35 Mbps
CableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
8 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
5059 LAKEVIEW Street, Detroit, MI 48213
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Neighborhood
Chandler Park
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Community
Detroit
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County
Wayne County
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