4 months on rocket

502 Claremont St, Buchanan, MI, 49107

$379,000

Home List Price

$4,501*

Closing Credit

5 Bedrooms
3 Partial Baths
22,134 SqFt
$17/SqFt
House

Location

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502 Claremont St, Buchanan$379,000

Buyer Closing Credits

$4,501*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAsphalt
Year Built1958
HeatingBaseboard, Electric, Forced Air
CoolingWall Unit(s)
BasementYes
MLS #69024044202
Lot Size1.21 Acres
StatusActive

About 502 Claremont St

Welcome to the opportunity to own this historic elementary school in Buchanan, MI built in the 1950's and offering endless possibilities for the savvy investor, entrepreneur of make it your home. Boasting over 22,000 square feet, this property is a blank canvas just waiting to be transformed into your dream venture. Whether you're looking to create a unique residential space, a commercial development, or a community center, this property is a rare find that can be customized to meet your specific needs. Currently zoned as multi-use and has 36 on-site parking spots with additional street parking available. Mechanicals are in working order along with roof work being completed. This property is in a location that offers easy access to local amenities, attractions.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1958
  • Stories: 3
  • Living Area: 22,134 SqFt

Listing Office:

  • Office Name: R1 Property Group
  • Listing Agent: Jen Tabor

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Basement: Yes
  • Flooring Type: Carpet

Bedroom and Bathroom Information:

  • Partial Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Parking: Asphalt

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 1.21 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Electric, Forced Air
  • Cooling: Wall Unit(s)

Other

Directions Information:

  • Directions: Rynearson then south on Claremont. Building on right side

Price Information

Listing Price Info

Price Summary:

  • List Price: $379,000
  • Price Per SqFt: $17/SqFt
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Housing Market Comparison

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

Med. Sold Price

$239.9K

Med. Price/SqFt

$133

Avg. Days On Market

43

# of Sold Homes

13

502 Claremont St vs Buchanan

141 DAYS ON ROCKET

+98 Days

$379,000

+$139K More

$17/SqFt

-$116 Less

KEY TAKEAWAY

This property is $139K more than the Median Sold Price and $116/SqFt less than other homes in Buchanan, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Southwestern Michigan Association of REALTORS
  • MLS Number: #69024044202

Listing Office:

  • Office Name: R1 Property Group
  • Listing Agent: Jen Tabor

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 © 2025 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: 1/10/2025, 10:21:06 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 - -

History based on county public records data.

Payment Calculator

$1,959

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,203

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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-27
6
/10
  • Moccasin Elementary School

  • 410 Moccasin St

  • 0.86 miles

  • Public District Grades 2-4

school-card-donut-28
6
/10
  • Ballard Elementary School

  • 1601 W Chicago Rd

  • 3.73 miles

  • Public District Grades PK-5

school-card-donut-29
5
/10
  • Brandywine Elementary School

  • 2428 S 13th St

  • 6.19 miles

  • Public District Grades 3-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,543. Most Buchanan, MI residents have annual incomes less than $35k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 502 Claremont St

What is the listing price of this property?

The listing price of 502 Claremont St property is $379,000.

What type of property is this?

The property 502 Claremont St is a house located in Buchanan, Michigan, 49107.

Is this property for sale now?

Active Listing: 502 Claremont 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 502 Claremont St has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 502 Claremont St is 22,134 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 502 Claremont St is 1958.

Rocket Homes›Michigan›Berrien County›Buchanan›49107›502 Claremont St

This home is located at 502 Claremont St in Buchanan, MI and zip code 49107. This 22,134 square foot home, which was built in 1958, sits on a 1.21 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 22, 2024 and is currently priced at $379,000.

Over 3 listings were sold over their listed price in December 2024 in Buchanan, MI. In the same period over 6 listings were sold below the listed price and 4 listings were sold for the listed price. Between November 2024 and December 2024, Buchanan, MI real estate market has seen decrease in the number of listings by 10%. While the average time on the market in December 2024 was 43 days, the median list price was $239,950.

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

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