3 months on rocket

312 Minnesota Ave, Ontonagon, MI, 49953

$39,000

Home List Price

$463*

Closing Credit

3 Bedrooms
1 Full Bath
1,100 SqFt
$35/SqFt
House

Location

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312 Minnesota Ave, Ontonagon$39,000

Buyer Closing Credits

$463*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage1 space
Year Built1950
HeatingNone
CoolingNone
BasementYes
WaterfrontNone
ViewNone
MLS #50152195
Lot Size0.14 Acres
StatusActive

About 312 Minnesota Ave

Great investment opportunity! This home has begun remodeling, the owner ran out of time to finish so now it is your gain! It is a 3 bedroom 1 Bath home gutted to the studs, the electric has begun and all the wiring and most of the hardware is there to finish. This blank canvas home is at the limitations of your own imagination. The dirty work has been done, most of the old plaster has been removed, several windows have been replaced. It is really a customizable home in a great location. This would be a great way to have a getaway in the U.P. at a great price. Seller is motivated and looking at all offers!

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Stories: 1
  • Living Area: 1,100 SqFt

Listing Office:

  • Office Name: DOMITROVICH REALTY, INC
  • Office Phone: (906) 884-2801
  • Listing Agent: DONALD DOMITROVICH

Interior Features

Interior Information:

  • Appliances: None
  • Basement: Yes
  • Interior: None (InteriorFeatures)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: None
  • Exterior: None (ExteriorFeatures)

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

School Info

School District Information:

  • School District: Ontonagon Area Schools

Other

Directions Information:

  • Directions: From Ontonagon Main st. East on Parker to L. on Fourth St. to L. on Minnesota, house on L.

Price Information

Listing Price Info

Price Summary:

  • List Price: $39,000
  • Price Per SqFt: $35/SqFt

Tax Information:

  • Annual Amount: $326
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$127K

Med. Price/SqFt

$79

Avg. Days On Market

69

# of Sold Homes

4

312 Minnesota Ave vs Ontonagon

98 DAYS ON ROCKET

+29 Days

$39,000

-$88K Less

$35/SqFt

-$44 Less

KEY TAKEAWAY

This property is $88K less than the Median Sold Price and $44/SqFt less than other homes in Ontonagon, MI.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Name: Upper Peninsula Assoc of Realtors
  • MLS Number: #50152195

Listing Office:

  • Office Name: DOMITROVICH REALTY, INC
  • Office Phone: (906) 884-2801
  • Listing Agent: DONALD DOMITROVICH

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. 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: 11/21/2024, 5:21:01 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$326$6,100
2020 - $5,450
2019 - $5,300

History based on county public records data.

Payment Calculator

$262

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$183

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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.

We're sorry, we currently don't have elementary school data for this listing.

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,006. Typical income of Ontonagon, MI residents is less than $35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 312 Minnesota Ave

What is the listing price of this property?

The listing price of 312 Minnesota Ave property is $39,000.

What type of property is this?

The property 312 Minnesota Ave is a house located in Ontonagon, Michigan, 49953.

Is this property for sale now?

Active Listing: 312 Minnesota 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 $326 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 312 Minnesota Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 312 Minnesota Ave is 1,100 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 312 Minnesota Ave is 1950.

Rocket HomesMichiganOntonagon CountyOntonagon49953312 Minnesota Ave

This home is located at 312 Minnesota Ave in Ontonagon, MI and zip code 49953. This 1,100 square foot home, which was built in 1950, sits on a 0.14 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 15, 2024 and is currently priced at $39,000.

Ontonagon, MI housing market in October 2024 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 4 sold below. The inventory of homes for sale in Ontonagon, MI between September 2024 and October 2024 decreased by 19.2%. The median list price of listings available in October 2024 was $127,000, while the average time on the real estate market was 69 days.

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

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