5776 Lakeview St, Detroit, MI, 48213
About This Home
Welcome to the latest offering from the Detroit Land Bank Authority. This 3 bedroom brick colonial is being offered in the historic Chandler Park community. This home needs a full rehab but once complete will make a very good investment. Be advised that this home also includes vacant lots located at 5782 and 5790 Lakeview for an additional 8000 sqft. of buildable space. Please note that the Detroit Land bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and/or lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. Please refer to DLBA proposal guidelines
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1927
Materials
- Foundation: Basement,Block
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Unfinished
Bedroom
- Level: Second
- Area: 100
- Dimensions: 10 X 10
Bedroom
- Level: Second
- Area: 120
- Dimensions: 12 X 10
Bedroom
- Level: Second
- Area: 120
- Dimensions: 12 X 10
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Features
- Finished area above ground: 1,299
Heating
- Heating features: Forced Air,Natural Gas
Interior Area
- Total interior livable area: 1,299 sqft
Kitchen
- Level: Entry
- Area: 63
- Dimensions: 9 X 7
Living Room
- Level: Entry
- Area: 168
- Dimensions: 14 X 12
Other
- Level: Second
- Area: 42
- Dimensions: 7 X 6
Property
Details
- Parcel number: W21I052404S
- Special condition: Government Owned,Short Sale No
Features
- Levels: Two
- Stories: 2
- Entry location: GroundLevel
- Pool features: None
Lot
- Lot size: 3,920 sqft
- Lot size dimensions: 40 x 101.5
Parking
- Total spaces: 2
- Parking features: Two Car Garage,Detached
- Has garage: Yes
- Attached garage spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Inland Flooding
- Strong Wind
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Wayne County and Michigan
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $63 | $756 |
| Home Insurance * | $50 | $600 |
| Property Taxes | $15 | $180 |
| Electricity | $188 | $2,259 |
| Total | $316 | $3,792 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-01-16 | Listed for sale | $12,500 |
| 2023-12-17 | Listing removed | -- |
| 2023-09-08 | Price change | $19,500 |
| 2023-08-07 | Listed for sale | $24,000 |
| 2019-09-02 | Listing removed | $10,000 |
| 2019-06-01 | Price change | $10,000 |
| 2019-02-04 | Price change | $9,500 |
| 2018-12-07 | Price change | $10,000 |
| 2018-07-21 | Price change | $12,500 |
| 2018-06-19 | Listed for sale | $15,000 |
| 2005-03-02 | Sold | $84,000 |
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