3 months on rocket

331 N 12th St, Escanaba, MI, 49829

$114,900

Home List Price

$1,364*

Closing Credit

5 Bedrooms
2 Full Baths
1,818 SqFt
$63/SqFt
Multi
Schools Nearby

Location

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331 N 12th St, Escanaba$114,900

Buyer Closing Credits

$1,364*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Garage1 space
Year Built1900
HeatingForced Air
BasementYes
WaterfrontNone
ViewNone
MLS #50133551
Lot Size0.16 Acres
StatusActive

About 331 N 12th St

Great investment opportunity hitting the market in downtown Escanaba! New owners would need to install flooring, finish drywall repair and paint walls, install appliances. Both sides are vacant and with a little bit of elbow grease and some financial investment, the two bedroom side could rent out for $750/mo and the 3 bedroom $850/mo. There is plenty of storage in the basement and garage. Only 3 blocks off of main street, very close to the Upper Elementary school. Owner/occupant would be a great idea as well, live in one side and rent out the other to cover the cost of your entire mortgage. Extreme potential in this place on a big corner lot!

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Stories: 1
  • Living Area: 1,818 SqFt

Listing Office:

  • Office Name: EXP REALTY LLC
  • Office Phone: (269) 600-4397
  • Listing Agent: TIMOTHY LEBEAU

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: None

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

School Info

Assigned Schools Information:

  • Escanaba Area Public High School, Public District Grades 9-12
  • Escanaba Upper Elementary School, Public District Grades 4-6
  • Escanaba Junior High School, Public Magnet Grades 7-8

School District Information:

  • School District: Escanaba Area Public Schools

Other

Directions Information:

  • Directions: From Stephenson Ave to 3rd Ave N to 12th St N

Price Information

Listing Price Info

Price Summary:

  • List Price: $114,900
  • Price Per SqFt: $63/SqFt

Agent Commission:

  • Buyer's Agent Commission: 3%
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Housing Market Comparison

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

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Escanaba, MI

City

Med. Sold Price

$165.2K

Med. Price/SqFt

$103

Avg. Days On Market

37

# of Sold Homes

8

331 N 12th St vs Escanaba

90 DAYS ON ROCKET

+53 Days

$114,900

-$50.3K Less

$63/SqFt

-$40 Less

KEY TAKEAWAY

This property is $50.3K less than the Median Sold Price and $40/SqFt less than other homes in Escanaba, MI.

Based on homes sold in April 2024

MLS Details

MLS Information:

  • MLS Name: Upper Peninsula Assoc of Realtors
  • MLS Number: #50133551

Listing Office:

  • Office Name: EXP REALTY LLC
  • Office Phone: (269) 600-4397
  • Listing Agent: TIMOTHY LEBEAU

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/15/2024, 2:20:52 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 - $34,400
2020 - $35,200
2019 - $34,800
2018 - $34,300
2017 - $33,760

History based on county public records data.

Payment Calculator

$641

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$411

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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.

Middle School

school-card-donut-1451062
5
/10

  • Escanaba Upper Elementary School

  • 1500 Ludington St

  • 0.29 miles

  • Public District Grades 4-6

school-card-donut-1451063
5
/10

  • Escanaba Junior High School

  • 500 S Lincoln Rd

  • 0.94 miles

  • Public Magnet Grades 7-8

High School

school-card-donut-1451064
6
/10

  • Escanaba Area Public High School

  • 500 S Lincoln Rd

  • 0.94 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $19,325. Typical income of Escanaba, MI residents is less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Delta County›Escanaba›49829›331 N 12th St

This home is located at 331 N 12th St in Escanaba, MI and zip code 49829. This 1,818 square foot home, which was built in 1900, sits on a 0.16 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 15, 2024 and is currently priced at $114,900.

While more than 3 listings in Escanaba, MI in April 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 3 were sold below. Between March 2024 and April 2024, Escanaba, MI real estate market has seen increase in the number of listings by 52.9%. In April 2024, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $165,250.

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

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