1427 Lakeshore Dr, Muskegon, MI

$250,000

13 days on rocket

Sale Pending

1427 Lakeshore Dr, Muskegon, MI, 49441

$250,000

Home List Price

$2,969*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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1427 Lakeshore Dr, Muskegon$250,000

Buyer Closing Credits

$2,969*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1912
HeatingNatural Gas, Forced Air
BasementYes
MLS #71023134714
Lot Size0.16 Acres
StatusSale Pending
(Pending)

About 1427 Lakeshore Dr

Discover an exceptional investment opportunity at 1427 Lakeshore Drive. This triplex property is strategically situated on a prime corner lot, mere steps away from the vibrant shopping scene of Lakeside and the bustling downtown Muskegon. Each of the three units is equipped with a refrigerator and oven. Units B and C feature month-to-month tenants, and the seller pays all utility expenses. Unit A, a studio apartment, is currently unoccupied. Meanwhile, Unit B, a one-bedroom unit, is currently leased at $600 per month, and Unit C, a two-bedroom unit, is leased at $650 per month. Don't miss out on this fantastic investment opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 1912

Listing Office:

  • Office Name: Core Realty Partners LLC
  • Office Phone: (231) 375-5273
  • Listing Agent: Kirk Antekeier

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Cable Available

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: Laketon or Shoreline Drive to Lakeshore Drive to Corner of Vernon Place

Price Information

Listing Price Info

Price Summary:

  • List Price: $250,000

Tax Information:

  • Annual Amount: $2,745
  • Tax Year: 2021
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Housing Market Comparison

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

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Muskegon, MI

City

Med. Sold Price

$166K

Med. Price/SqFt

$138

Avg. Days On Market

37

# of Sold Homes

91

1427 Lakeshore Dr vs Muskegon

13 DAYS ON ROCKET

-24 Days

$250,000

+$83.9K More

KEY TAKEAWAY

This property is $83.9K more than the Median Sold Price in Muskegon, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: West Michigan Lakeshore Association of REALTORS®
  • MLS Number: #71023134714

Listing Office:

  • Office Name: Core Realty Partners LLC
  • Office Phone: (231) 375-5273
  • Listing Agent: Kirk Antekeier

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 © 2023 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: 10/3/2023, 10:20:45 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,745$54,800
2020$2,766$47,900
2019$2,493$42,700
2018$2,477$43,800
2017$2,477$41,800

History based on county public records data.

Payment Calculator

$1,315

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

6.375% / 6.68%

Total Monthly Payment

$816

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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.

Nearby Schools

school-card-donut
4
/10

  • Lakeside Elementary School

  • 2312 Denmark St

  • 1.21 miles

  • Public District Grades KG-6

school-card-donut
5
/10

  • Campbell Elementary School

  • 1355 Greenwich Rd

  • 1.69 miles

  • Public District Grades PK-5

school-card-donut
6
/10

  • Lincoln Park Elementary School

  • 2951 Leon St

  • 1.94 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,387. The most common annual income of people living in Muskegon, MI is between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Nims, Muskegon

What type of housing is available in Nims, Muskegon?

The large proportion of single detached homes in the housing stock of Nims is an important part of its character. Most housing in this neighborhood was built pre-1960, during its most significant building boom. This part of the city has a good variety of unit sizes, ranging from lofts to four or more bedrooms. Roughly 60% of the population of this neighborhood own their home while the remainder are renters.

Is Nims, Muskegon a good place to live?

Most areas in Nims are quiet, as the streets are generally quite calm.

Are things conveniently located in Nims, Muskegon?

Both primary and secondary schools are convenient to reach on foot from any location in this part of Muskegon. When it comes to eating, a supermarket is ordinarily accessible within a short walk from most homes for sale in Nims. Additionally, residents won't have to go far to take advantage of the nearest cafe, and a limited selection of restaurants can be found in Nims as well.

What does the transportation in Nims, Muskegon look like?

Cars are a reasonably good means of transportation in Nims. Parking is generally easy. Traveling on foot is not especially feasible for house buyers in Nims because few common errands can be run without the use of a vehicle.

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Rocket Homes›Michigan›Muskegon County›Muskegon›49441›1427 Lakeshore Dr

This home is located at 1427 Lakeshore Dr in Muskegon, MI and zip code 49441 in the Nims neighborhood. This home, which was built in 1912, sits on a 0.16 acre lot. It has been listed on Rocket Homes since September 19, 2023 and is currently priced at $250,000.

Muskegon, MI housing market in September 2023 saw over 33 listings sold above listed price, more than 26 sold at listed price and over 32 sold below. The inventory of homes for sale in Muskegon, MI between August 2023 and September 2023 decreased by 0.9%. In September 2023, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $166,078.

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

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