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Sale Pending

1203 Rathbone St SW, Wyoming, MI, 49509

$279,900

Home List Price

$3,324*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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1203 Rathbone St SW, Wyoming$279,900

Buyer Closing Credits

$3,324*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1925
HeatingNatural Gas, Forced Air, Space Heater(s)
BasementYes
MLS #65024013307
Lot Size0.13 Acres
StatusSale Pending
(Pending)

About 1203 Rathbone St SW

Investment opportunity! This updated duplex in Wyoming is the perfect chance to make a passive income. The first floor unit offers 3 beds, 1 full bath, and separate laundry. It has been freshly painted and the kitchen features new base cabinets, countertops, subway tile backsplash, and new vinyl plank flooring. The bathroom has been updated with a new toilet, vanity, and new vinyl plank floors. The lower unit rents for $1,485 month to month. The upstairs unit offers 2 bedroom and one full bath and it's vacant, so you could live in it and get the majority of your mortgage paid from rent. There's a large living room and decently sized kitchen. The laundry for the upper unit is found in the basement.Other features include; newer vinyl siding, new furnace, separate gas and electric meters, shed, partially fenced yard, and parking off alley. Seller reserves washer/dryer and refrigerator first floor it's the tenants. Seller is a licensed Realtor in the state of Michigan.

Property Details

Property Features

Property Information:

  • Year Built: 1925

Listing Office:

  • Office Name: Independence Realty (Main)
  • Office Phone: (616) 669-0463
  • Listing Agent: Jason Titus

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Cable Available

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Space Heater(s)

School Info

Assigned Schools Information:

  • Lee High School, Public District Grades 9-12
  • Lee Middle School, Public District Grades 6-8
  • Godfrey Elementary School, Public District Grades 3-5

Other

Directions Information:

  • Directions: North off Chicago Dr. on Nagel to Rathbone, the W. to property

Price Information

Listing Price Info

Price Summary:

  • List Price: $279,900

Tax Information:

  • Annual Amount: $1,334
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Wyoming, MI.

Med. Sold Price

$258.5K

Med. Price/SqFt

$227

Avg. Days On Market

39

# of Sold Homes

49

1203 Rathbone St SW vs Wyoming

39 DAYS ON ROCKET

-0 Day

$279,900

+$21.3K More

KEY TAKEAWAY

This property is $21.3K more than the Median Sold Price in Wyoming, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Regional Alliance of REALTORS®
  • MLS Number: #65024013307

Listing Office:

  • Office Name: Independence Realty (Main)
  • Office Phone: (616) 669-0463
  • Listing Agent: Jason Titus

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 3:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 13, 2015Home Sold
$24,000
Nov 22, 2011Home Sold
$18,000
Jun 28, 2001Home Sold
$94,800

Tax History

YEARPROP. TAXASSESSMENT
2021$1,334$62,600
2020$1,333$51,900
2019$1,257$43,800
2018$1,226$34,100
2017$1,632$32,100

History based on county public records data.

Payment Calculator

$1,464

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$906

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2378478
2
/10
  • Godfrey Elementary School

  • 1920 Godfrey Ave SW

  • 0.55 miles

  • Public District Grades 3-5

Middle School

school-card-donut-2378479
5
/10
  • Lee Middle School

  • 1335 Lee St SW

  • 0.38 miles

  • Public District Grades 6-8

High School

school-card-donut-2378480
3
/10
  • Lee High School

  • 1335 Lee St SW

  • 0.38 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,832. The most common annual income of people living in Wyoming, MI is between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket HomesMichiganKent CountyWyoming495091203 Rathbone St SW

This home is located at 1203 Rathbone St SW in Wyoming, MI and zip code 49509. This home, which was built in 1925, sits on a 0.13 acre lot. It has been listed on Rocket Homes since March 20, 2024 and is currently priced at $279,900.

In March 2024 more than 32 listings in Wyoming, MI were sold above the asking price. During the same period more than 13 listings were sold at asking price, while more than 4 were sold below. Between February 2024 and March 2024, Wyoming, MI real estate market has seen decrease in the number of listings by 1.6%. In March 2024, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $258,536.

From Rocket Homes Real Estate and based on county public records data.

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