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506 Wood St, Stockbridge, MI, 49285

$125,000

Home List Price

$1,484*

Closing Credit

0 Baths
Multi

Location

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506 Wood St, Stockbridge$125,000

Buyer Closing Credits

$1,484*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingDriveway, Gravel
Year Built1890
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #24050378
Lot Size0.20 Acres
StatusActive

About 506 Wood St

*Income property* This 2 unit property net $1,175 a month ($750/$425) and if you do the ROI is a great investment. The lower unit has a large dinning room, kitched and family room. The upper unit is a little smaller, but has a roomy kitchen, family room and Bedroom. Both have a consistent rental history and could command even higher rents. Two units at this price are hard to find. Call now for your personal tour.

Property Details

Property Features

Property Information:

  • Year Built: 1890

Listing Office:

  • Office Name: KW Professionals
  • Office Phone: (810) 224-7900
  • Listing Agent: James Bruney

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Driveway, Gravel

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Take Wood st

Price Information

Listing Price Info

Price Summary:

  • List Price: $125,000

Tax Information:

  • Annual Amount: $2,262
  • Tax Year: 2021
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Housing Market Comparison

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

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Stockbridge, MI

City

Med. Sold Price

$310K

Med. Price/SqFt

$170

Avg. Days On Market

42

# of Sold Homes

4

506 Wood St vs Stockbridge

51 DAYS ON ROCKET

+9 Days

$125,000

-$185K Less

KEY TAKEAWAY

This property is $185K less than the Median Sold Price in Stockbridge, MI.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #24050378

Listing Office:

  • Office Name: KW Professionals
  • Office Phone: (810) 224-7900
  • Listing Agent: James Bruney

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 11:50:54 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$2,262$46,800
2020$2,191$45,500
2019$2,142$41,300
2018$2,068$37,700
2017$2,068$36,700

History based on county public records data.

Payment Calculator

$691

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$441

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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.

Nearby Schools

school-card-donut-350673
5
/10

  • Heritage School

  • 222 Western St

  • 0.44 miles

  • Public District Grades 3-6

school-card-donut-350674
5
/10

  • Dansville Elementary School

  • 1264 Adams St

  • 9.77 miles

  • Public District Grades PK-5

school-card-donut-350675
3
/10

  • East Jackson Elementary School

  • 4340 Walz Rd

  • 11.95 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 $57,449. Typical income of Stockbridge, MI residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Ingham County›Stockbridge›49285›506 Wood St

This home is located at 506 Wood St in Stockbridge, MI and zip code 49285. This home, which was built in 1890, sits on a 0.20 acre lot. It has been listed on Rocket Homes since September 24, 2024 and is currently priced at $125,000.

Stockbridge, MI housing market in October 2024 saw over 0 listings sold above listed price, more than 3 sold at listed price and over 1 sold below. The number of homes for sale in Stockbridge, MI increased by 8.3% between September 2024 and October 2024. In October 2024, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $310,000.

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

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