19 days on rocket

5057 Milky Way, Shelby, MI, 48316

$470,000

Home List Price

$5,581*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,106 SqFt
$223/SqFt
House
Schools Nearby

Location

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5057 Milky Way, Shelby Charter Township$470,000

Buyer Closing Credits

$5,581*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingAttached
Attached Garage2 spaces
Year Built1966
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
WaterfrontNavigable Water, Seawall
FireplaceNatural, Family Room
MLS #20240021110
Lot Size0.41 Acres
StatusActive

About 5057 Milky Way

Open House Saturday & Sunday April 13 - 14 from 1-3 Welcome to your dream home with breathtaking views of Twilight Lake! This beautifully maintained property is move-in ready and boasts a long list of impressive home improvements. Featuring an open floor concept, the spacious living room dazzles with hardwood floors, leading to an updated kitchen, nook, and bar area equipped with stainless steel appliances. Enjoy the convenience of a first-floor laundry room and half bath. The renovated bathrooms and walkout lower level with a bar and kitchen area, complete with granite countertops and ample storage, offer endless possibilities. Step outside to relax on the deck or patio, surrounded by nature. With newer roof and windows (2018), this home is a gem. Ask for the extensive list of upgrades! 45-60 days possession. Gas grill and basement refrigerator excluded. Don't miss out – schedule your viewing today! Dream Home Lake View Move In Ready. #HomeImprovements #Renovated #RealEstate Exclude: (Gas Grill& Basement Refrigerator),

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1966
  • Stories: 1
  • Living Area: 2,106 SqFt

Listing Office:

  • Office Name: Real Estate One-Rochester
  • Office Phone: (248) 652-6500
  • Listing Agent: Linda K Rea

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave
  • Basement: Yes
  • Fireplace: Natural, Family Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Navigable Water, Seawall

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached

Lot Features

Lot Information:

  • Lot Size: 0.41 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Eisenhower High School, Public District Grades 10-12
  • Switzer Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: 24 Mile / EW of Mound.

Price Information

Listing Price Info

Price Summary:

  • List Price: $470,000
  • Price Per SqFt: $223/SqFt

HOA Fees:

  • Amount: $300
  • Frequency: Annually
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Housing Market Comparison

See how this home compares to others in Shelby Charter Township, MI.

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Shelby Charter Township, MI

City

Med. Sold Price

$339.9K

Med. Price/SqFt

$192

Avg. Days On Market

31

# of Sold Homes

39

5057 Milky Way vs Shelby Charter Township

19 DAYS ON ROCKET

-12 Days

$470,000

+$130K More

$223/SqFt

+$31 More

KEY TAKEAWAY

This property is $130K more than the Median Sold Price and $31/SqFt more than other homes in Shelby Charter Township, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240021110

Listing Office:

  • Office Name: Real Estate One-Rochester
  • Office Phone: (248) 652-6500
  • Listing Agent: Linda K Rea

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, 5:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Rate/APR

7.5% / 6.68%

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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-3245518
7
/10

  • Switzer Elementary School

  • 53200 Shelby Rd

  • 0.60 miles

  • Public District Grades PK-6

High School

school-card-donut-3245519
8
/10

  • Eisenhower High School

  • 6500 25 Mile Rd

  • 0.74 miles

  • Public District Grades 10-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,596. The most common annual income of people living in Shelby Charter Township, MI is between $35k-100k. Most families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5057 Milky Way

What is the listing price of this property?

The listing price of 5057 Milky Way property is $470,000.

What type of property is this?

The property 5057 Milky Way is a house located in Shelby, Michigan, 48316.

Is this property for sale now?

Active Listing: 5057 Milky Way is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5057 Milky Way are:
Switzer Elementary School: GreatSchools Rating 7/10
Eisenhower High School: GreatSchools Rating 8/10

How many bedrooms and bathrooms does this property have?

The property at 5057 Milky Way has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 5057 Milky Way is 2,106 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5057 Milky Way is 1966.

Rocket Homes›Michigan›Macomb County›Shelby Charter Township›48316›5057 Milky Way

This home is located at 5057 Milky Way in Shelby, MI and zip code 48316. This 2,106 square foot home, which was built in 1966, sits on a 0.41 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 10, 2024 and is currently priced at $470,000.

Shelby Charter Township, MI housing market in March 2024 saw over 18 listings sold above listed price, more than 5 sold at listed price and over 16 sold below. Between February 2024 and March 2024, Shelby Charter Township, MI real estate market has seen increase in the number of listings by 16.3%. While the average time on the market in March 2024 was 31 days, the median list price was $339,950.

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

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