5 months on rocket

7020 L.5 Ln, Escanaba, MI, 49829

$187,500

Home List Price

$2,227*

Closing Credit

3 Bedrooms
1 Full Bath
1,104 SqFt
$170/SqFt
House
Schools Nearby

Location

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7020 L.5 Ln, Escanaba$187,500

Buyer Closing Credits

$2,227*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage, Paved Driveway
Attached Garage2 spaces
Year Built1970
HeatingNatural Gas, Forced Air
CoolingWall/Window Unit(s)
BasementYes
WaterfrontNone
ViewNone
MLS #50130081
Lot Size0.64 Acres
StatusActive
(Keep Showing-Contgcy Appl)

About 7020 L.5 Ln

Looking for a NICE HOME to move into. Great Soo Hill location with township taxes. VERY reasonable to heat and of course with well and septic you don't have the city bills. This seller has been busy since September 2020. Newer: stove, refrigerator, wall air conditioning unit (which cools entire home), roof, siding, garage and breezeway, driveway, furnace, water heater. Interior completely painted in 2023. Seamless gutters were also added by seller. Washer and dryer included in sale. Approx. 1100 square feet of living space with everything on one level. There is a partial basement for storage which is insulated, has interior and exterior access. Large storage shed and large yard with plenty of room for a garden or extra garage etc. Nice country subdivision only minutes from Escanaba or Gladstone. Take comfort in being able to MOVE RIGHT IN!!

Property Details

Property Features

Property Information:

  • Year Built: 1970
  • Stories: 1
  • Living Area: 1,104 SqFt

Listing Office:

  • Office Name: STATE WIDE REAL ESTATE OF ESCANABA
  • Office Phone: (906) 786-1308
  • Listing Agent: MIKE HARRIS

Interior Features

Interior Information:

  • Appliances: Dryer, Range, Oven, Refrigerator, Washer
  • Basement: Yes
  • Interior: Bay Window, Cable/Internet Avail., Window Treatment(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: None
  • Exterior: Deck

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Garage, Paved Driveway

Lot Features

Lot Information:

  • Lot Size: 0.64 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

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

School District Information:

  • School District: Escanaba Area Public Schools

Other

Directions Information:

  • Directions: From Stonehouse to Danforth Rd, right on M road to stop sign, left half mile to L.5 Ln and to fire number on right

Price Information

Listing Price Info

Price Summary:

  • List Price: $187,500
  • Price Per SqFt: $170/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2.5%
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Housing Market Comparison

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

Med. Sold Price

$165.2K

Med. Price/SqFt

$103

Avg. Days On Market

37

# of Sold Homes

8

7020 L.5 Ln vs Escanaba

154 DAYS ON ROCKET

+117 Days

$187,500

+$22.2K More

$170/SqFt

+$67 More

KEY TAKEAWAY

This property is $22.2K more than the Median Sold Price and $67/SqFt more 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: #50130081

Listing Office:

  • Office Name: STATE WIDE REAL ESTATE OF ESCANABA
  • Office Phone: (906) 786-1308
  • Listing Agent: MIKE HARRIS

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: 5/22/2024, 2:20:35 AM 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 - $39,300
2020 - $37,100
2019 - $37,200
2018 - $35,800
2017 - $35,800

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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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-5814749
5
/10
  • Escanaba Junior High School

  • 500 S Lincoln Rd

  • 4.87 miles

  • Public Magnet Grades 7-8

school-card-donut-5814750
5
/10
  • Escanaba Upper Elementary School

  • 1500 Ludington St

  • 4.87 miles

  • Public District Grades 4-6

High School

school-card-donut-5814751
6
/10
  • Escanaba Area Public High School

  • 500 S Lincoln Rd

  • 4.87 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,190. The majority of Escanaba, MI residents have income between $35k-100k annually. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7020 L.5 Ln

What is the listing price of this property?

The listing price of 7020 L.5 Ln property is $187,500.

What type of property is this?

The property 7020 L.5 Ln is a house located in Escanaba, Michigan, 49829.

Is this property for sale now?

Active Listing: 7020 L.5 Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7020 L.5 Ln are:
Escanaba Junior High School: GreatSchools Rating 5/10
Escanaba Upper Elementary School: GreatSchools Rating 5/10
Escanaba Area Public High School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 7020 L.5 Ln has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 7020 L.5 Ln is 1,104 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7020 L.5 Ln is 1970.

Rocket HomesMichiganDelta CountyEscanaba498297020 L.5 Ln

This home is located at 7020 L.5 Ln in Escanaba, MI and zip code 49829. This 1,104 square foot home, which was built in 1970, sits on a 0.64 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 19, 2023 and is currently priced at $187,500.

Over 3 listings were sold over their listed price in April 2024 in Escanaba, MI. In the same period over 3 listings were sold below the listed price and 2 listings were sold for the listed price. In April 2024 in Escanaba, MI there were 52.9% more homes for sale than in March 2024. While the average time on the market in April 2024 was 37 days, the median list price was $165,250.

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

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