3 months on rocket

5850 E M 55, Cadillac, MI, 49601

$157,000

Home List Price

$1,864*

Closing Credit

2 Bedrooms
1 Full Bath
1,080 SqFt
$145/SqFt
House

Location

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5850 E M 55, Cadillac$157,000

Buyer Closing Credits

$1,864*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached
Year Built1940
HeatingElectric, Natural Gas, Baseboard, Forced Air
CoolingCeiling Fan(s)
MLS #72024038643
Lot Size0.23 Acres
StatusActive

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1940
  • Stories: 1
  • Living Area: 1,080 SqFt

Listing Office:

  • Office Name: Crossroads Realty of Michigan
  • Office Phone: (231) 832-8322
  • Listing Agent: Gary B Bailey Sr

Interior Features

Interior Information:

  • Appliances: Microwave, Range, Refrigerator
  • Interior: Laundry Facility

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Electric, Natural Gas, Baseboard, Forced Air
  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: Property on S Side of M-55.West of M-115 (approx 1 mile).

Price Information

Listing Price Info

Price Summary:

  • List Price: $157,000
  • Price Per SqFt: $145/SqFt

Tax Information:

  • Annual Amount: $1,209
  • Tax Year: 2021
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Housing Market Comparison

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

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Cadillac, MI

City

Med. Sold Price

$224.4K

Med. Price/SqFt

$140

Avg. Days On Market

60

# of Sold Homes

21

5850 E M 55 vs Cadillac

118 DAYS ON ROCKET

+58 Days

$157,000

-$67.4K Less

$145/SqFt

+$5 More

KEY TAKEAWAY

This property is $67.4K less than the Median Sold Price and $5/SqFt more than other homes in Cadillac, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: West Central Association of REALTORS®
  • MLS Number: #72024038643

Listing Office:

  • Office Name: Crossroads Realty of Michigan
  • Office Phone: (231) 832-8322
  • Listing Agent: Gary B Bailey Sr

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: 11/21/2024, 4:20:52 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$1,209$23,900
2020 - $23,500
2019 - $22,100
2018 - $21,900
2017 - $20,600

History based on county public records data.

Payment Calculator

$851

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$537

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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-354857
4
/10

  • Lincoln Elementary School

  • 125 Ayer St

  • 3.52 miles

  • Public District Grades KG-5

school-card-donut-354858
7
/10

  • Franklin Elementary School

  • 505 Lester St

  • 3.76 miles

  • Public District Grades PK-5

school-card-donut-354859
7
/10

  • Forest View Elementary School

  • 7840 S 25 Mile Rd

  • 5.94 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 $49,045. Residents of Cadillac, MI typically earn between $35k-100k each year. Typical family type is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5850 E M 55

What is the listing price of this property?

The listing price of 5850 E M 55 property is $157,000.

What type of property is this?

The property 5850 E M 55 is a house located in Cadillac, Michigan, 49601.

Is this property for sale now?

Active Listing: 5850 E M 55 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 2021 is $1,209 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5850 E M 55 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5850 E M 55 is 1,080 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5850 E M 55 is 1940.

Rocket Homes›Michigan›Wexford County›Cadillac›49601›5850 E M 55

This home is located at 5850 E M 55 in Cadillac, MI and zip code 49601. This 1,080 square foot home, which was built in 1940, sits on a 0.23 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 26, 2024 and is currently priced at $157,000.

Over 7 listings were sold over their listed price in October 2024 in Cadillac, MI. In the same period over 11 listings were sold below the listed price and 3 listings were sold for the listed price. The number of homes for sale in Cadillac, MI increased by 21.2% between September 2024 and October 2024. While the average time on the market in October 2024 was 60 days, the median list price was $224,416.

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

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