4 months on rocket

116 W Locust St, Morenci, MI, 49256

$150,000

Home List Price

$1,781*

Closing Credit

3 Full Baths
2,983 SqFt
$50/SqFt
Multi

Location

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116 W Locust St, Morenci$150,000

Buyer Closing Credits

$1,781*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingAssigned Spaces
Year Built1950
HeatingNatural Gas, Forced Air, Separate Meters
CoolingCeiling Fan(s)
BasementYes
MLS #56050148262
Lot Size0.52 Acres
StatusActive

About 116 W Locust St

Very nice 3 unit in Morenci - Call Today

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1950
  • Stories: 2
  • Living Area: 2,983 SqFt

Listing Office:

  • Office Name: Foundation Realty, LLC
  • Office Phone: (517) 266-8888
  • Listing Agent: Wendy Warner-Stern

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 3

Exterior Features

Parking Information:

  • Parking: Assigned Spaces

Lot Features

Lot Information:

  • Lot Size: 0.52 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Separate Meters
  • Cooling: Ceiling Fan(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $150,000
  • Price Per SqFt: $50/SqFt

Tax Information:

  • Annual Amount: $2,101
  • Tax Year: 2021
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Housing Market Comparison

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

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Morenci, MI

City

Med. Sold Price

$130K

Med. Price/SqFt

$97

Avg. Days On Market

41

# of Sold Homes

9

116 W Locust St vs Morenci

125 DAYS ON ROCKET

+84 Days

$150,000

+$20K More

$50/SqFt

-$47 Less

KEY TAKEAWAY

This property is $20K more than the Median Sold Price and $47/SqFt less than other homes in Morenci, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Lenawee County Association of REALTORS®
  • MLS Number: #56050148262

Listing Office:

  • Office Name: Foundation Realty, LLC
  • Office Phone: (517) 266-8888
  • Listing Agent: Wendy Warner-Stern

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: 11/15/2024, 1:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 12, 2020Home Sold
$72,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,101$40,500
2019$2,266$49,100
2018$2,155$44,500
2017$2,142$44,100

History based on county public records data.

Payment Calculator

$816

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$516

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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-353628
4
/10

  • Morenci Elementary School

  • 517 E Locust St

  • 0.36 miles

  • Public District Grades PK-4

school-card-donut-353629
4
/10

  • Fayette Elementary School

  • 400 E Gamble Rd

  • 6.68 miles

  • Public District Grades PK-6

school-card-donut-353630
5
/10

  • Ruth Mcgregor Elementary School

  • 6850 Sand Creek Hwy

  • 8.93 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,118. The majority of Morenci, MI residents have income between $35k-100k annually. The majority of families are married, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Lenawee County›Morenci›49256›116 W Locust St

This home is located at 116 W Locust St in Morenci, MI and zip code 49256. This 2,983 square foot home, which was built in 1950, sits on a 0.52 acre lot. Features: 3 bathrooms. It has been listed on Rocket Homes since July 12, 2024 and is currently priced at $150,000.

Over 4 listings were sold over their listed price in October 2024 in Morenci, MI. In the same period over 3 listings were sold below the listed price and 2 listings were sold for the listed price. In October 2024 in Morenci, MI there were 14.3% more homes for sale than in September 2024. Listings spent 41 days on the market in October 2024, and had a median list price of $130,000 during the same period.

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

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