5 months on rocket

427 Water St, Manistee, MI, 49660

$175,900

Home List Price

$2,089*

Closing Credit

1 Partial Bath
3,328 SqFt
$53/SqFt
House

Location

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427 Water St, Manistee$175,900

Buyer Closing Credits

$2,089*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1907
HeatingNatural Gas, Steam
BasementYes
MLS #67024038315
Lot Size0.09 Acres
StatusActive

About 427 Water St

There is a growing demand for residential housing, and this historic building offers a unique solution to this pressing issue. By converting the building into residential units, investors have the opportunity to contribute to alleviating the housing shortage in Manistee. Given the rapid economic growth in Manistee and its prime location near the Manistee River Boardwalk and Lake Michigan's 1st Street Beach (Voted ''Best beach in Michigan'' USA Today), this property holds immense potential.

Property Details

Property Features

Property Information:

  • Architectural Style: Historic
  • Year Built: 1907
  • Stories: 2
  • Living Area: 3,328 SqFt

Listing Office:

  • Office Name: Dwelling Realty - KW Northern Michigan
  • Office Phone: (231) 887-4455
  • Listing Agent: Jermaine Elizabeth Sullivan

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1

Lot Features

Lot Information:

  • Lot: Corner Lot, Wooded
  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Steam

Other

Directions Information:

  • Directions: In downtown Manistee at the Southeast corner of Oak and Water Streets

Price Information

Listing Price Info

Price Summary:

  • List Price: $175,900
  • Price Per SqFt: $53/SqFt
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Housing Market Comparison

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

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Manistee, MI

City

Med. Sold Price

$231K

Med. Price/SqFt

$150

Avg. Days On Market

29

# of Sold Homes

18

427 Water St vs Manistee

150 DAYS ON ROCKET

+121 Days

$175,900

-$55.1K Less

$53/SqFt

-$97 Less

KEY TAKEAWAY

This property is $55.1K less than the Median Sold Price and $97/SqFt less than other homes in Manistee, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Mason Oceana Manistee Board of REALTORS
  • MLS Number: #67024038315

Listing Office:

  • Office Name: Dwelling Realty - KW Northern Michigan
  • Office Phone: (231) 887-4455
  • Listing Agent: Jermaine Elizabeth Sullivan

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: 12/22/2024, 2:21:08 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 - $75,500
2020 - $55,600
2019 - $50,700
2018 - $46,000
2017 - $40,900

History based on county public records data.

Payment Calculator

$945

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$594

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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-989616
5
/10

  • John F Kennedy Elementary School

  • 550 Maple St

  • 0.44 miles

  • Public District Grades 3-5

school-card-donut-989617
6
/10

  • Bear Lake Elementary School

  • 7748 Cody St

  • 14.85 miles

  • Public District Grades PK-6

school-card-donut-989618
4
/10

  • Knd Elementary School

  • 4400 Highbridge Rd

  • 15.48 miles

  • Public Magnet Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,000. Residents of Manistee, MI typically earn between $35k-100k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 427 Water St

What is the listing price of this property?

The listing price of 427 Water St property is $175,900.

What type of property is this?

The property 427 Water St is a house located in Manistee, Michigan, 49660.

Is this property for sale now?

Active Listing: 427 Water St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 427 Water St has 1 bathroom..

What is the square footage of this property?

The property 427 Water St is 3,328 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 427 Water St is 1907.

Rocket Homes›Michigan›Manistee County›Manistee›49660›427 Water St

This home is located at 427 Water St in Manistee, MI and zip code 49660. This 3,328 square foot home, which was built in 1907, sits on a 0.09 acre lot. Features: 1 bathroom. It has been listed on Rocket Homes since July 25, 2024 and is currently priced at $175,900.

Over 3 listings were sold over their listed price in November 2024 in Manistee, MI. In the same period over 10 listings were sold below the listed price and 5 listings were sold for the listed price. The number of listings in Manistee, MI decreased by 10.3% between October 2024 and November 2024. In November 2024, listings were on the market for 29 days. During the same period, the median list price in this real estate market was $231,000.

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

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