This property is $210K less than the Median Sold Price in Midland, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Bay County REALTOR Association
MLS Number: #50162881
Listing Office:
Office Name: Ayre/Rhinehart-Midland
Office Phone: (989) 631-7000
Listing Agent: Tyler Snyder
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: 12/18/2024, 3:21:10 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
YEAR
PROP. TAX
ASSESSMENT
2021
$286
$16,500
2020
$282
$16,500
2019
$273
$16,500
2018
$266
$16,500
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$217
Per Month
Principal & Interest
$150
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
$156
Powered By
Advertisement
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
6
/10
Siebert Elementary School
5700 Siebert St
Distance between this listing and this school0.42 miles
Public Magnet Grades KG-5
8
/10
Woodcrest Elementary School
5500 Drake St
Distance between this listing and this school1.03 miles
Public Magnet Grades KG-5
6
/10
Adams Elementary School
1005 Adams Dr
Distance between this listing and this school1.17 miles
Public Magnet Grades KG-5
Nearby Schools
8
/10
Jefferson Middle School
800 W Chapel Ln
Distance between this listing and this school0.43 miles
Public District Grades 6-8
8
/10
Northeast Middle School
1305 E Sugnet Rd
Distance between this listing and this school1.58 miles
Public District Grades 6-8
6
/10
Bullock Creek Middle School
644 S Badour Rd
Distance between this listing and this school4.44 miles
Public District Grades 6-8
Nearby Schools
8
/10
Herbert Henry Dow High School
3901 N Saginaw Rd
Distance between this listing and this school1.82 miles
Public District Grades 9-12
7
/10
Midland High School
1301 Eastlawn Dr
Distance between this listing and this school2.07 miles
Public District Grades 9-12
2
/10
Windover High School
919 Smith Rd
Distance between this listing and this school2.92 miles
The neighbors living near this home have an average income of $50,556. Most Midland, MI residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5001 Russell St
What is the listing price of this property?
The listing price of 5001 Russell St property is $30,000.
What type of property is this?
The property 5001 Russell St is land located in Midland, Michigan, 48640.
Is this property for sale now?
Active Listing: 5001 Russell St 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 $286 (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 5001 Russell St in Midland, MI and zip code 48640. This home sits on a 0.19 acre lot. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $30,000.
While more than 7 listings in Midland, MI in November 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 14 were sold below. In November 2024 in Midland, MI there were 13.9% less homes for sale than in October 2024. While the average time on the market in November 2024 was 21 days, the median list price was $240,000.
From Rocket Homes Real Estate and based on county public records data.