2 years on rocket

3231 Ray Rd, Fenton, MI, 48430

$850,000

Home List Price

$10,000*

Closing Credit

5 Full Baths
3,477 SqFt
$244/SqFt
Multi
Schools Nearby

Location

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3231 Ray Rd, Fenton$850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
Year Built1900
HeatingForced Air, Hot Water
MLS #2220004051
Lot Size21.59 Acres
StatusActive

About 3231 Ray Rd

Five (5) unit apartment building on 21.59 acres with room for expansion. This property also has a 5,000 sq pole barn that has a concrete floor, electricity, spray foam insulation ($30,000), a bathroom, and an office. The pole barn is not rented and can provide extra income of approximately $2,500.00 per month. For additional income, there is also a billboard which currently receives $800.00 per month for one side and $375.00 per month for the other. In addition to that, this 21.59 acre property has approximately 1,385 feet of frontage on US-23, and approximately 20 acres for farming with income of approximately $900.00 per year. Some updates in the farmhouse include some new flooring, bathroom tile and paint. This is an excellent investment opportunity. CITY WATER IS COMING TO THOMPSON RD THIS SUMMER & TORREY RD NEXT SUMMER! DO NOT DISTURB THE TENANTS! ALL RESIDENTIAL UNITS ARE OCCUPIED! NO SHOWINGS WITHOUT AN ACCEPTED OFFER. All information is estimated and should be verified.

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex, Farmhouse
  • Year Built: 1900
  • Stories: 1
  • Living Area: 3,477 SqFt

Listing Office:

  • Office Name: Van Esley Real Estate Inc
  • Office Phone: (734) 459-7570
  • Listing Agent: David D Misko

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 5

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 21.59 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Hot Water

School Info

Assigned Schools Information:

  • Lake Fenton High School, Public Magnet Grades 9-12
  • Lake Fenton Middle School, Public Magnet Grades 6-8
  • Torrey Hill Intermediate School, Public Magnet Grades 3-5

Other

Directions Information:

  • Directions: US-23 to Thompson Rd, East on Thompson Rd to Torrey Rd, North on Torrey Rd to Ray Rd, West on Ray Rd to property

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000
  • Price Per SqFt: $244/SqFt

Tax Information:

  • Annual Amount: $6,460
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$345K

Med. Price/SqFt

$205

Avg. Days On Market

23

# of Sold Homes

35

3231 Ray Rd vs Fenton

830 DAYS ON ROCKET

+807 Days

$850,000

+$505K More

$244/SqFt

+$38 More

KEY TAKEAWAY

This property is $505K more than the Median Sold Price and $38/SqFt more than other homes in Fenton, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #2220004051

Listing Office:

  • Office Name: Van Esley Real Estate Inc
  • Office Phone: (734) 459-7570
  • Listing Agent: David D Misko

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: 5/3/2024, 6:20:37 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$6,460$180,900
2019$6,459$167,700
2018$6,301$159,300
2017$6,008$160,600

History based on county public records data.

Payment Calculator

$4,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

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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-5510172
7
/10
  • Torrey Hill Intermediate School

  • 12410 Torrey Rd

  • 1.59 miles

  • Public Magnet Grades 3-5

Middle School

school-card-donut-5510173
8
/10
  • Lake Fenton Middle School

  • 11425 Torrey Rd

  • 0.81 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-5510174
5
/10
  • Lake Fenton High School

  • 4070 Lahring Rd

  • 1.86 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $87,576. Residents of Fenton, MI typically earn between $35k-100k each year. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket HomesMichiganGenesee CountyFenton484303231 Ray Rd

This home is located at 3231 Ray Rd in Fenton, MI and zip code 48430. This 3,477 square foot home, which was built in 1900, sits on a 21.59 acre lot. Features: 5 bathrooms. It has been listed on Rocket Homes since January 24, 2022 and is currently priced at $850,000.

Over 15 listings were sold over their listed price in April 2024 in Fenton, MI. In the same period over 14 listings were sold below the listed price and 6 listings were sold for the listed price. The inventory of homes for sale in Fenton, MI between March 2024 and April 2024 increased by 19.2%. Listings spent 23 days on the market in April 2024, and had a median list price of $345,000 during the same period.

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

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