26 days on rocket

116 Lake St, Kalamazoo, MI, 49001

$55,000

Home List Price

$653*

Closing Credit

4 Bedrooms
1 Full Bath
1,480 SqFt
$37/SqFt
House

Location

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116 Lake St, Kalamazoo$55,000

Buyer Closing Credits

$653*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGravel
Year Built1907
HeatingForced Air, Natural Gas
BasementYes
MLS #66024060462
Lot Size0.11 Acres
StatusActive

About 116 Lake St

Four bedroom 1 bath house near the corner of Lake and Burdick. Off street parking and large back yard. Main floor bathroom and Laundry hook-ups.. Property does need some work as reflected in the listing price. The home is city certified. This area has a high water table and basement is wet. NO FHA finiancing

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1907
  • Stories: 2
  • Living Area: 1,480 SqFt

Listing Office:

  • Office Name: i-VEST Real Estate Group
  • Office Phone: (269) 488-1600
  • Listing Agent: Bonnie k Granado

Interior Features

Interior Information:

  • Appliances: Refrigerator, Range
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Gravel

Lot Features

Lot Information:

  • Lot: Flag Lot
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: From I94, heading north on Portage, take a right on Lake St. Take lake almost to Burdick street

Price Information

Listing Price Info

Price Summary:

  • List Price: $55,000
  • Price Per SqFt: $37/SqFt

Tax Information:

  • Annual Amount: $1,266
  • Tax Year: 2021
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Housing Market Comparison

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

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Kalamazoo, MI

City

Med. Sold Price

$230.3K

Med. Price/SqFt

$141

Avg. Days On Market

22

# of Sold Homes

117

116 Lake St vs Kalamazoo

26 DAYS ON ROCKET

+4 Days

$55,000

-$175.3K Less

$37/SqFt

-$105 Less

KEY TAKEAWAY

This property is $175.3K less than the Median Sold Price and $105/SqFt less than other homes in Kalamazoo, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Kalamazoo Association of REALTORS
  • MLS Number: #66024060462

Listing Office:

  • Office Name: i-VEST Real Estate Group
  • Office Phone: (269) 488-1600
  • Listing Agent: Bonnie k Granado

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: 12/17/2024, 11:56:03 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$1,266$33,500
2020$1,100$30,200
2019$1,100$24,200
2018 - $20,600
2017 - $20,800

History based on county public records data.

Payment Calculator

$342

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$231

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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-4324954
5
/10

  • El Sol Elementary School

  • 604 W Vine St

  • 0.62 miles

  • Public Magnet Grades KG-5

school-card-donut-4324955
3
/10

  • Edison Academy

  • 924 Russell St

  • 0.71 miles

  • Public Magnet Grades PK-5

school-card-donut-4324956
2
/10

  • Washington Writers' Academy

  • 1919 Portage St

  • 0.71 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,978. The majority of Kalamazoo, MI residents have income less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 116 Lake St

What is the listing price of this property?

The listing price of 116 Lake St property is $55,000.

What type of property is this?

The property 116 Lake St is a house located in Kalamazoo, Michigan, 49001.

Is this property for sale now?

Active Listing: 116 Lake St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,266 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 116 Lake St has 4 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 116 Lake St is 1,480 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 116 Lake St is 1907.

Rocket Homes›Michigan›Kalamazoo County›Kalamazoo›49001›116 Lake St

This home is located at 116 Lake St in Kalamazoo, MI and zip code 49001 in the Edison neighborhood. This 1,480 square foot home, which was built in 1907, sits on a 0.11 acre lot. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $55,000.

In November 2024 more than 25 listings in Kalamazoo, MI were sold above the asking price. During the same period more than 25 listings were sold at asking price, while more than 67 were sold below. The number of listings in Kalamazoo, MI decreased by 4% between October 2024 and November 2024. In November 2024 median list price was $230,336 and the average listing age was 22 days.

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

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