2 months on rocket

2516 5th St, Muskegon Heights, MI, 49444

$187,500

Home List Price

$2,227*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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2516 5th St, Muskegon Heights$187,500

Buyer Closing Credits

$2,227*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingGarages
Year Built1930
HeatingNatural Gas, Forced Air
BasementYes
MLS #65024008394
Lot Size0.29 Acres
StatusActive

About 2516 5th St

Unlock incredible potential with this 4-Unit Multi-Family home! Presently, three of the four units are occupied, promising immediate returns on investment. The property has a nice full-sized basement offering abundant storage and convenient washer and dryer facilities. Positioned on a spacious double-wide lot, a garage is situated on the left side for added connivence. Enjoy its location within walking distance of parks and biking distance of Sherman and Henry, making it an enticing opportunity for investors.

Property Details

Property Features

Property Information:

  • Year Built: 1930

Listing Office:

  • Office Name: Keller Williams GR East
  • Office Phone: (616) 575-1800
  • Listing Agent: Laura A Cole

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Cable Available

Exterior Features

Parking Information:

  • Parking: Garages

Lot Features

Lot Information:

  • Lot Size: 0.29 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: West on Sherman, North on 5th, home is on the East side of street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $187,500

Tax Information:

  • Annual Amount: $1,692
  • Tax Year: 2021
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Housing Market Comparison

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

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Muskegon Heights, MI

City

Med. Sold Price

$76.4K

Med. Price/SqFt

$75

Avg. Days On Market

42

# of Sold Homes

11

2516 5th St vs Muskegon Heights

68 DAYS ON ROCKET

+26 Days

$187,500

+$111K More

KEY TAKEAWAY

This property is $111K more than the Median Sold Price in Muskegon Heights, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Regional Alliance of REALTORS®
  • MLS Number: #65024008394

Listing Office:

  • Office Name: Keller Williams GR East
  • Office Phone: (616) 575-1800
  • Listing Agent: Laura A Cole

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: 4/29/2024, 12:25:22 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

Dec 14, 2020Home Sold
$150,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,692$32,000
2020$1,622$28,300
2019$1,504$31,300
2018$1,491$27,300
2017$1,491$23,600

History based on county public records data.

Payment Calculator

$1,003

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$629

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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-3096449
3
/10

  • Moon Elementary School

  • 1826 Hoyt St

  • 0.97 miles

  • Public District Grades PK-6

school-card-donut-3096450
5
/10

  • Campbell Elementary School

  • 1355 Greenwich Rd

  • 1.57 miles

  • Public District Grades PK-5

school-card-donut-3096451
4
/10

  • Oakview Elementary School

  • 1420 Madison St

  • 2.00 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,814. Residents of Muskegon Heights, MI typically earn less than $35k each year. Residents typically live in single, no kids family. 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 Homes›Michigan›Muskegon County›Muskegon Heights›49444›2516 5th St

This home is located at 2516 5th St in Muskegon Heights, MI and zip code 49444. This home, which was built in 1930, sits on a 0.29 acre lot. It has been listed on Rocket Homes since February 20, 2024 and is currently priced at $187,500.

While more than 3 listings in Muskegon Heights, MI in March 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 4 were sold below. In March 2024 in Muskegon Heights, MI there were 2.1% less homes for sale than in February 2024. Listings spent 42 days on the market in March 2024, and had a median list price of $76,450 during the same period.

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

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