3 months on rocket

516 Ames St, Elk Rapids, MI, 49629

$199,000

Home List Price

$2,363*

Closing Credit

2 Bedrooms
1 Full Bath
800 SqFt
$249/SqFt
House

Location

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516 Ames St, Elk Rapids$199,000

Buyer Closing Credits

$2,363*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1929
HeatingNatural Gas, Forced Air, Zoned
CoolingCentral Air
MLS #20240060139
Lot Size0.18 Acres
StatusActive

About 516 Ames St

Don't miss this charming cottage home nestled in the heart of Elk Rapids. This spacious cottage features vaulted tongue-and-groove ceilings in the living room, creating a bright and open atmosphere. Enjoy a newly updated bathroom, Vinyl Plank Flooring throughout, a built-in sound system, a new tankless hot water heater, and new 3-zone mini-split heating. Explore the convenience of walking to nearby attractions, including 3 lakes (E. Grand Traverse, Elk Lake, and Bass Lake), the popular Pearls restaurant across the street, and a short walk to Short's Brewery. Also within walking distance are Elk Rapids Country Club, tennis courts, school, and town amenities. Everything you need is just steps away, and Torch Lake is only a 10-minute drive. Brand new front door and porch were just installed.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1929
  • Stories: 1
  • Living Area: 800 SqFt

Listing Office:

  • Office Name: RE/MAX Platinum
  • Office Phone: (810) 227-4600
  • Listing Agent: Tim A Cox

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Zoned
  • Cooling: Central Air

Other

Directions Information:

  • Directions: South side of Ames East of Rviershore

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,000
  • Price Per SqFt: $249/SqFt

Tax Information:

  • Annual Amount: $1,065
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Elk Rapids, MI.

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Elk Rapids, MI

City

Med. Sold Price

$425K

Med. Price/SqFt

$280

Avg. Days On Market

44

# of Sold Homes

6

516 Ames St vs Elk Rapids

99 DAYS ON ROCKET

+55 Days

$199,000

-$226K Less

$249/SqFt

-$31 Less

KEY TAKEAWAY

This property is $226K less than the Median Sold Price and $31/SqFt less than other homes in Elk Rapids, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240060139

Listing Office:

  • Office Name: RE/MAX Platinum
  • Office Phone: (810) 227-4600
  • Listing Agent: Tim A Cox

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: 11/23/2024, 8:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 13, 2016Home Sold
$52,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,065$32,300
2019$1,065$31,100
2018$1,051$28,300
2017$1,031$26,700

History based on county public records data.

Payment Calculator

$1,061

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$663

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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-849673
7
/10

  • Lakeland Elementary School

  • 616 Buckley St

  • 0.12 miles

  • Public District Grades PK-5

school-card-donut-849674
7
/10

  • Old Mission Peninsula School

  • 2699 Island View Rd

  • 6.31 miles

  • Public Charter Grades KG-6

school-card-donut-849675
6
/10

  • Rapid City Elementary School

  • 5258 River Road

  • 7.20 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,951. Typical income of Elk Rapids, MI residents is less than $35k annually. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 516 Ames St

What is the listing price of this property?

The listing price of 516 Ames St property is $199,000.

What type of property is this?

The property 516 Ames St is a house located in Elk Rapids, Michigan, 49629.

Is this property for sale now?

Active Listing: 516 Ames 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 2020 is $1,065 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 13, 2016 for $52,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 516 Ames St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 516 Ames St is 800 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 516 Ames St is 1929.

Rocket Homes›Michigan›Antrim County›Elk Rapids›49629›516 Ames St

This home is located at 516 Ames St in Elk Rapids, MI and zip code 49629. This 800 square foot home, which was built in 1929, sits on a 0.18 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 15, 2024 and is currently priced at $199,000.

In October 2024, from all listings sold in Elk Rapids, MI there were more than 1 sold above asking price, over 4 sold below and more than 1 were sold right at the asked price. In October 2024 in Elk Rapids, MI there were 10% more homes for sale than in September 2024. In October 2024 median list price was $425,000 and the average listing age was 44 days.

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

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