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Backup Offers

2505 Loraine St, Jackson, MI, 49202

$199,900

Home List Price

$2,374*

Closing Credit

4 Bedrooms
2 Full Baths
1,680 SqFt
$119/SqFt
House
Schools Nearby

Location

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2505 Loraine St, Jackson$199,900

Buyer Closing Credits

$2,374*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDoor Opener, Detached
Garage2 spaces
Year Built1955
HeatingNatural Gas, Forced Air
CoolingCeiling Fan(s), Central Air
BasementYes
MLS #55024017826
Lot Size0.39 Acres
StatusAccepting Backup Offers
(Contingent - Continue To Show)

About 2505 Loraine St

H&B Due Friday 4/19 @5PM* Sprawling ranch ready for new homeowners! Loaded with everything you've been waiting for featuring over 1680 sq ft of main floor living, 4 bedrooms, 2 full baths upstairs with a non-conforming bedroom in the basement, finished basement with a sweet vintage dry bar, HARD WOOD FLOORS UNDER CARPET UPSTAIRS! Furnace new in 2021, double lot with access to the property from Loraine St and Denecourt Ave, large back yard for entertaining, four seasons room off the kitchen/laundry room, main floor laundry that can easily be moved back down to basement if needed, the list goes on. Don't miss out, schedule your showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1955
  • Stories: 1
  • Living Area: 1,680 SqFt

Listing Office:

  • Office Name: C-21 Affiliated - Jackson
  • Office Phone: (517) 888-0050
  • Listing Agent: Logan Everett

Interior Features

Interior Information:

  • Appliances: Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Basement: Yes
  • Interior: Cable Available, Laundry Facility, Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Door Opener, Detached

Lot Features

Lot Information:

  • Lot Size: 0.39 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Ceiling Fan(s), Central Air

Other

Directions Information:

  • Directions: Just before corner of Loraine St & Denecourt Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,900
  • Price Per SqFt: $119/SqFt

Tax Information:

  • Annual Amount: $2,054
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$174.9K

Med. Price/SqFt

$130

Avg. Days On Market

66

# of Sold Homes

77

2505 Loraine St vs Jackson

14 DAYS ON ROCKET

-52 Days

$199,900

+$24.9K More

$119/SqFt

-$11 Less

KEY TAKEAWAY

This property is $24.9K more than the Median Sold Price and $11/SqFt less than other homes in Jackson, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Jackson Area Association of REALTORS®
  • MLS Number: #55024017826

Listing Office:

  • Office Name: C-21 Affiliated - Jackson
  • Office Phone: (517) 888-0050
  • Listing Agent: Logan Everett

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: 4/30/2024, 1:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,054$68,000
2020$1,821$64,600
2019$1,572$60,900
2018$1,522$60,700
2017$1,522$54,500

History based on county public records data.

Payment Calculator

$1,065

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$666

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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-3727367
4
/10
  • Hunt Elementary School

  • 1143 N Brown St

  • 0.85 miles

  • Public Magnet Grades PK-5

school-card-donut-3727368
2
/10
  • Frost Elementary School

  • 1226 S Wisner St

  • 1.74 miles

  • Public District Grades KG-5

school-card-donut-3727369
3
/10
  • Northeast Elementary School

  • 1024 Fleming Ave

  • 2.93 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,043. Residents of Jackson, MI typically earn between $35k-100k each year. Typical family type 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

Frequently Asked Questions About 2505 Loraine St

What is the listing price of this property?

The listing price of 2505 Loraine St property is $199,900.

What type of property is this?

The property 2505 Loraine St is a house located in Jackson, Michigan, 49202.

Is this property for sale now?

Accepting Backup Offers: 2505 Loraine St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,054 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2505 Loraine St has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2505 Loraine St is 1,680 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2505 Loraine St is 1955.

Rocket HomesMichiganJackson CountyJackson492022505 Loraine St

This home is located at 2505 Loraine St in Jackson, MI and zip code 49202. This 1,680 square foot home, which was built in 1955, sits on a 0.39 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $199,900.

In March 2024 more than 19 listings in Jackson, MI were sold above the asking price. During the same period more than 23 listings were sold at asking price, while more than 35 were sold below. Between February 2024 and March 2024, Jackson, MI real estate market has seen increase in the number of listings by 2%. In March 2024 median list price was $174,976 and the average listing age was 66 days.

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

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