4 months on rocket

130 N 7 Mile Rd, Midland, MI, 48640

$175,000

Home List Price

$2,078*

Closing Credit

3 Bedrooms
1 Full Bath
1,400 SqFt
$125/SqFt
House

Location

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130 N 7 Mile Rd, Midland$175,000

Buyer Closing Credits

$2,078*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGravel, None
Year Built1963
HeatingForced Air
WaterfrontNone
FireplacePellet
MLS #1924733
Lot Size1.00 Acres
StatusActive

About 130 N 7 Mile Rd

Frustrated with current interest rates? A little more than half of this purchase price is an assumable mortgage at 3.19%! If you qualify, and if the current mortgage is released, this is an FHA assumption for around $99,000 of the purchase price, the rest (minus any down payment and closing costs) would be financed at the current rate of interest. A nice opportunity to save some money on interest! Beautifully remodeled country home on an acre. Bathroom and kitchen have granite counters, and kitchen appliances are included in the sale: range, refrigerator, microwave, dishwasher new 2023. Full basement with newer furnace 2022, fan and spray foam 2020, plumbing, and sump 2020. Pellet stove. Newer windows, insulation, septic tank and drainfield 2022, central air 2023. Washer and dryer excluded. Propane tank is owned and included. City water assessment in taxes.

Property Details

Property Features

Property Information:

  • Architectural Style: 1 Story
  • Year Built: 1963
  • Living Area: 1,400 SqFt

Listing Office:

  • Office Name: COLDWELL BANKER MT. PLEASANT REALTY
  • Office Phone: (989) 773-5972
  • Listing Agent: Marnie Basney

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Exhaust Fan, Ceiling Fan(s), Electric Water Heater, Satellite Dish
  • Interior: Pantry, Granite Bath Tops, Granite Kitchen Tops, Mud Room, Formal Dining Room, Workshop, Drywall
  • Fireplace: Pellet

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Deck, Countryside View, Gutters, Vinyl

Parking Information:

  • Attached Garage: No
  • Parking: Gravel, None

Lot Features

Lot Information:

  • Lot: Wooded, Level
  • Lot Size: 1.00 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: M-20 East 20 mi to 7 Mile Rd, N .2 mi to property on R/East side

Price Information

Listing Price Info

Price Summary:

  • List Price: $175,000
  • Price Per SqFt: $125/SqFt

Tax Information:

  • Annual Amount: $1,986
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$240K

Med. Price/SqFt

$131

Avg. Days On Market

21

# of Sold Homes

23

130 N 7 Mile Rd vs Midland

130 DAYS ON ROCKET

+109 Days

$175,000

-$65K Less

$125/SqFt

-$7 Less

KEY TAKEAWAY

This property is $65K less than the Median Sold Price and $7/SqFt less than other homes in Midland, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CMIAR
  • MLS Number: #1924733

Listing Office:

  • Office Name: COLDWELL BANKER MT. PLEASANT REALTY
  • Office Phone: (989) 773-5972
  • Listing Agent: Marnie Basney

Copyright © 2024 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 8:20:55 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

Dec 06, 2016Home Sold
$112,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,986$51,600
2020$2,001$53,100
2019$1,987$50,900
2018$2,059$46,700
2017$1,548$48,900

History based on county public records data.

Payment Calculator

$941

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$591

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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.

Nearby Schools

school-card-donut-921898
6
/10
  • Floyd School

  • 725 S 8 Mile Rd

  • 1.95 miles

  • Public District Grades PK-5

school-card-donut-921899
8
/10
  • Pine River Elementary School

  • 1894 E Pine River Rd

  • 4.88 miles

  • Public District Grades 3-5

school-card-donut-921900
5
/10
  • Meridian Elementary School

  • 3353 N Meridian Rd

  • 6.64 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,519. Typical income of Midland, MI residents is less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 130 N 7 Mile Rd

What is the listing price of this property?

The listing price of 130 N 7 Mile Rd property is $175,000.

What type of property is this?

The property 130 N 7 Mile Rd is a house located in Midland, Michigan, 48640.

Is this property for sale now?

Active Listing: 130 N 7 Mile Rd 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 $1,986 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 6, 2016 for $112,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 130 N 7 Mile Rd has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 130 N 7 Mile Rd is 1,400 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 130 N 7 Mile Rd is 1963.

Rocket HomesMichiganMidland CountyMidland48640130 N 7 Mile Rd

This home is located at 130 N 7 Mile Rd in Midland, MI and zip code 48640. This 1,400 square foot home, which was built in 1963, sits on a 1.00 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 13, 2024 and is currently priced at $175,000.

In November 2024 more than 7 listings in Midland, MI were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 14 were sold below. The number of homes for sale in Midland, MI decreased by 13.9% between October 2024 and November 2024. In November 2024 median list price was $240,000 and the average listing age was 21 days.

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

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