Historic stone house property with unique features in Kalkaska. Let's break it down the information: Home Description: Structure: Three-room stone house with a wood stove. Utilities: No plumbing, water is capped in the cellar. Cellar: Michigan cellar. Outhouse: Permitted by the city. Fixer Upper: The property needs renovation. Property Features: Shed: Stick-built shed in the back with a root cellar. Utilities: City water and sewer are available. Vegetation: Large mature White Pines on the property. Lot: Double lot, potential for splitting. Location: Corner lot, walking distance to a party store, beer garden, and downtown Kalkaska. Additional Information: City Regulations: The outhouse is allowed by the city. Amenities: Proximity to a party store, beer garden, and downtown Kalkaska. Development Potential: Possibility to split the double lot. Considering it's a fixer-upper, there is real potential for renovation and modernization of the property. The roof is in good shape.
Property Details
Property Features
Listing Office:
Office Name: REO-Cadillac-233028
Office Phone: (231) 645-0488
Listing Agent: Lisa Russell
Exterior Features
Exterior Information:
Waterfront: None
Exterior: None
Lot Features
Lot Information:
Lot: Level, Cleared, Corner Lot
Lot Size: 0.43 Acres
Other
Directions Information:
Directions: From Kalkaska, the intersection of 131 and Oak Street turn east. The road will curve and become Lynn Street. Sign on the left(north side).
Price Information
Listing Price Info
Price Summary:
List Price: $69,900
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 Kalkaska, MI.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$416
Per Month
Principal & Interest
$349
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
$276
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
3
/10
Cherry Street Intermediate School
315 S Cherry St
Distance between this listing and this school0.50 miles
Public District Grades 4-5
8
/10
Birch Street Elementary School
309 N Birch St
Distance between this listing and this school0.91 miles
Public District Grades PK-3
6
/10
Rapid City Elementary School
5258 River Road
Distance between this listing and this school8.97 miles
Public District Grades PK-5
Nearby Schools
4
/10
Kalkaska Middle School
1700 W Kalkaska Rd
Distance between this listing and this school1.14 miles
Public District Grades 6-8
3
/10
Forest Area Middle School
7661 Shippy Rd SW
Distance between this listing and this school11.16 miles
Public District Grades 4-8
8
/10
Woodland School
7224 Supply Rd
Distance between this listing and this school13.07 miles
Public Charter Grades KG-8
Nearby Schools
5
/10
Kalkaska High School
109 N Birch St
Distance between this listing and this school0.79 miles
Public District Grades 9-12
5
/10
Forest Area High School
7661 Shippy Rd SW
Distance between this listing and this school11.16 miles
Public District Grades 9-12
9
/10
Elk Rapids High School
308 Meguzee Pt
Distance between this listing and this school15.66 miles
The neighbors living near this home have an average income of $47,606. Typical income of Kalkaska, MI residents is between $35k-100k 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 503 Lynn St
What is the listing price of this property?
The listing price of 503 Lynn St property is $69,900.
What type of property is this?
The property 503 Lynn St is land located in Kalkaska, Michigan, 49646.
Is this property for sale now?
Active Listing: 503 Lynn St is For Sale (Active/New) which means the seller is accepting offers.
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 503 Lynn St in Kalkaska, MI and zip code 49646. This home sits on a 0.43 acre lot. It has been listed on Rocket Homes since December 17, 2023 and is currently priced at $69,900.
In October 2024 more than 1 listings in Kalkaska, MI were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 3 were sold below. Between September 2024 and October 2024, Kalkaska, MI real estate market has seen decrease in the number of listings by 5.7%. Listings spent 54 days on the market in October 2024, and had a median list price of $240,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.