4 months on rocket

525 Forest Ave, Frankfort, MI, 49635

$517,500

Home List Price

$6,145*

Closing Credit

4 Bedrooms
2 Full Baths
1,536 SqFt
$337/SqFt
House

Location

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525 Forest Ave, Frankfort$517,500

Buyer Closing Credits

$6,145*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingPrivate, None
Year Built1974
HeatingForced Air
CoolingCentral Air
WaterfrontNone
FireplaceGas
MLS #1926024
Lot Size0.17 Acres
StatusActive

About 525 Forest Ave

This is a well maintained duplex situated on a one way street in downtown Frankfort. Live in one unit and rent the other. Located just blocks from the beach, these 2 bedroom 1 bath units include access to a clean unfinished basement and a sunny backyard. Tenants currently use the alley parking and there is a potential spot for a garage. The 1536 sq ft building includes separate utilities for each unit, 2 newer forced air furnaces and air conditioning. On the west side of M 22, this quieter spot on Forest Ave is an easy stroll to downtown amenities such as shops eateries, the movie theater, marina and parks.

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex, 1 Story
  • Year Built: 1974
  • Living Area: 1,536 SqFt

Listing Office:

  • Office Name: Stapleton Realty
  • Office Phone: (231) 499-2698
  • Listing Agent: Christine Stapleton

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Washer, Dryer
  • Interior: Other
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Landscaped, Vinyl

Parking Information:

  • Attached Garage: No
  • Parking: Private, None

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: M 115 into Frankfort turns into Forest. Go past M 22 toward Lake Michigan and home is on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $517,500
  • Price Per SqFt: $337/SqFt
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Housing Market Comparison

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

Med. Sold Price

$439.9K

Med. Price/SqFt

$275

Avg. Days On Market

75

# of Sold Homes

7

525 Forest Ave vs Frankfort

127 DAYS ON ROCKET

+52 Days

$517,500

+$77.6K More

$337/SqFt

+$61 More

KEY TAKEAWAY

This property is $77.6K more than the Median Sold Price and $61/SqFt more than other homes in Frankfort, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: TAAR
  • MLS Number: #1926024

Listing Office:

  • Office Name: Stapleton Realty
  • Office Phone: (231) 499-2698
  • Listing Agent: Christine Stapleton

Copyright © 2024 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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: 12/22/2024, 3:20:55 AM 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 - $171,100
2020 - $101,400
2019 - $69,800
2018 - $55,400
2017 - $56,100

History based on county public records data.

Payment Calculator

$2,650

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,618

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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-859737
6
/10
  • Frankfort Elementary School

  • 613 Leelanau Ave

  • 0.11 miles

  • Public District Grades PK-6

school-card-donut-859738
4
/10
  • Crystal Lake Elementary School

  • 7048 Severance St

  • 6.92 miles

  • Public Magnet Grades KG-5

school-card-donut-859739
6
/10
  • Bear Lake Elementary School

  • 7748 Cody St

  • 15.46 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,250. Typical income of Frankfort, MI residents is between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 525 Forest Ave

What is the listing price of this property?

The listing price of 525 Forest Ave property is $517,500.

What type of property is this?

The property 525 Forest Ave is a house located in Frankfort, Michigan, 49635.

Is this property for sale now?

Active Listing: 525 Forest Ave is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 525 Forest Ave has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 525 Forest Ave is 1,536 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 525 Forest Ave is 1974.

Rocket HomesMichiganBenzie CountyFrankfort49635525 Forest Ave

This home is located at 525 Forest Ave in Frankfort, MI and zip code 49635. This 1,536 square foot home, which was built in 1974, sits on a 0.17 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 16, 2024 and is currently priced at $517,500.

In November 2024 more than 0 listings in Frankfort, MI were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 5 were sold below. The number of homes for sale in Frankfort, MI decreased by 20% between October 2024 and November 2024. While the average time on the market in November 2024 was 75 days, the median list price was $439,900.

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

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