The subject property is the location of the former Phillips School situated within the city of Norton Shroes. Current zoning is SUD (Special Use District). The property is comprised of 5+ acres improved with a 42,000 SF school building. The building has not been occupied since at least 2010 and is in a state of disrepair. The value is in the land, which could be redeveloped for a variety of uses. Potential uses include residential development (with approval from the municipality). Brownfield incentives could be available for site clearing/demolition activities associated with redevelopment of the parcel.
Property Details
Property Features
Listing Office:
Office Name: Core Realty Partners LLC
Office Phone: (231) 375-5273
Listing Agent: Bryan D Bench
Lot Features
Lot Information:
Lot: Level
Lot Size: 5.24 Acres
Other
Directions Information:
Directions: US31 to Sherman, W on Sherman, N on Worden, E on Broadway to site.
Price Information
Listing Price Info
Price Summary:
List Price: $199,000
Tax Information:
Annual Amount: $1,618
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Norton Shores, MI.
This property is $66.7K less than the Median Sold Price in Norton Shores, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: West Michigan Lakeshore Association of REALTORS®
MLS Number: #71024057928
Listing Office:
Office Name: Core Realty Partners LLC
Office Phone: (231) 375-5273
Listing Agent: Bryan D Bench
Disclaimer: 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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,061
Per Month
Principal & Interest
$994
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$663
Powered By
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Oakview Elementary School
1420 Madison St
Distance between this listing and this school1.76 miles
Public District Grades PK-5
7
/10
Shettler School
2187 Shettler Rd
Distance between this listing and this school1.85 miles
Public District Grades KG-5
2
/10
Moon Elementary School
1826 Hoyt St
Distance between this listing and this school1.89 miles
Public District Grades PK-5
Nearby Schools
2
/10
Muskegon Middle School
1150 Amity Ave
Distance between this listing and this school2.43 miles
Public District Grades 6-8
4
/10
Timberland Academy
2574 McLaughlin Ave
Distance between this listing and this school2.52 miles
Public Charter Grades KG-8
2
/10
Orchard View Middle School
35 S Sheridan Dr
Distance between this listing and this school3.64 miles
Public Magnet Grades 6-8
Nearby Schools
1
/10
Muskegon Heights Academy
2441 Sanford St
Distance between this listing and this school1.95 miles
Public Charter Grades 7-12
1
/10
Orchard View Community Education
35 S Sheridan Dr
Distance between this listing and this school2.19 miles
Public District Grades 9-12
2
/10
Muskegon Covenant Academy
125 Catherine Ave
Distance between this listing and this school2.39 miles
The neighbors living near this home have an average income of $38,065. The majority of Norton Shores, MI residents have income between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1442 E Broadway Ave
What is the listing price of this property?
The listing price of 1442 E Broadway Ave property is $199,000.
What type of property is this?
The property 1442 E Broadway Ave is land located in Norton Shores, Michigan, 49444.
Is this property for sale now?
Active Listing: 1442 E Broadway Ave 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 $1,618 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1442 E Broadway Ave in Norton Shores, MI and zip code 49444. This home sits on a 5.24 acre lot. It has been listed on Rocket Homes since November 05, 2024 and is currently priced at $199,000.
While more than 9 listings in Norton Shores, MI in October 2024 were sold above asking price, there were more than 11 listings sold at asking price, and more than 10 were sold below. The inventory of homes for sale in Norton Shores, MI between September 2024 and October 2024 increased by 28.4%. Listings spent 14 days on the market in October 2024, and had a median list price of $265,733 during the same period.
From Rocket Homes Real Estate and based on county public records data.