7 months on rocket

1313 Terrace St, Muskegon, MI, 49442

$80,000

Home List Price

$950*

Closing Credit

0 Baths
Multi

Location

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1313 Terrace St, Muskegon$80,000

Buyer Closing Credits

$950*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1800
HeatingNatural Gas, Forced Air
BasementYes
MLS #71024014924
Lot Size0.11 Acres
StatusActive

About 1313 Terrace St

Duplex with many possibilites. Live in one and rent the other. #1313 is 3 bedroom/ 2 bath currently rented for $525/mo, tenant pays gas & electric. #1315 is 1 bedroom/1 bath currently rented for $460, utilities paid by owner.

Property Details

Property Features

Property Information:

  • Year Built: 1800

Listing Office:

  • Office Name: Bellabay Realty LLC
  • Office Phone: (231) 571-9004
  • Listing Agent: Frank Galindo

Interior Features

Interior Information:

  • Basement: Yes

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: From US 31, east on Laketon, right on Terrace

Price Information

Listing Price Info

Price Summary:

  • List Price: $80,000

Tax Information:

  • Annual Amount: $1,015
  • Tax Year: 2021
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Housing Market Comparison

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

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Muskegon, MI

City

Med. Sold Price

$185.5K

Med. Price/SqFt

$161

Avg. Days On Market

29

# of Sold Homes

119

1313 Terrace St vs Muskegon

237 DAYS ON ROCKET

+208 Days

$80,000

-$105.5K Less

KEY TAKEAWAY

This property is $105.5K less than the Median Sold Price in Muskegon, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: West Michigan Lakeshore Association of REALTORS®
  • MLS Number: #71024014924

Listing Office:

  • Office Name: Bellabay Realty LLC
  • Office Phone: (231) 571-9004
  • Listing Agent: Frank Galindo

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: 11/22/2024, 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

Tax History

YEARPROP. TAXASSESSMENT
2021$1,015$21,400
2020$975$17,200
2019$945$16,000
2018$932$16,400
2017$932$16,800

History based on county public records data.

Payment Calculator

$467

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$306

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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-484403
2
/10

  • Moon Elementary School

  • 1826 Hoyt St

  • 0.67 miles

  • Public District Grades PK-5

school-card-donut-484404
4
/10

  • Oakview Elementary School

  • 1420 Madison St

  • 1.06 miles

  • Public District Grades PK-5

school-card-donut-484405
4
/10

  • Marquette Elementary School

  • 480 Bennett St

  • 1.60 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,750. The majority of Muskegon, MI residents have income less than $35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Muskegon County›Muskegon›49442›1313 Terrace St

This home is located at 1313 Terrace St in Muskegon, MI and zip code 49442 in the McLaughlin neighborhood. This home, which was built in 1800, sits on a 0.11 acre lot. It has been listed on Rocket Homes since March 29, 2024 and is currently priced at $80,000.

In October 2024, from all listings sold in Muskegon, MI there were more than 37 sold above asking price, over 54 sold below and more than 28 were sold right at the asked price. In October 2024 in Muskegon, MI there were 3% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $185,571, while the average time on the real estate market was 29 days.

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

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