11 days on rocket

703 Locust St, Kalamazoo, MI, 49007

$185,000

Home List Price

$2,197*

Closing Credit

0 Baths
Multi

Location

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703 Locust St, Kalamazoo$185,000

Buyer Closing Credits

$2,197*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1920
HeatingNatural Gas, Forced Air
BasementYes
MLS #66024057651
Lot Size0.10 Acres
StatusActive

About 703 Locust St

3 Story duplex located on a quiet street in the heart of the Vine Neighborhood. This duplex has a first floor 2 bedroom unit which features 1 bedroom with egress window and a full bathroom in the basement, along with a 1/4 bath, bedroom, kitchen, dining and living room on the main level. The 2nd and 3rd floor has a spacious 4 bedroom, 1 bath apartment. Covered porch, laundry room in basement, plenty of off-street parking. Unit #1 leased at 950/mo and is month to month lease. Unit #2 is leased at 1200/mo also month to month. Both tenants pay gas and electric.

Property Details

Property Features

Property Information:

  • Year Built: 1920

Listing Office:

  • Office Name: Lukeman Group LLC
  • Office Phone: (269) 598-6567
  • Listing Agent: Joseph Lukeman

Interior Features

Interior Information:

  • Basement: Yes

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: From S Westnedge, right onto Walnut Street, then left on Locust. Home on left hand side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $185,000

Tax Information:

  • Annual Amount: $1,826
  • Tax Year: 2021
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Housing Market Comparison

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

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Kalamazoo, MI

City

Med. Sold Price

$227.3K

Med. Price/SqFt

$172

Avg. Days On Market

28

# of Sold Homes

132

703 Locust St vs Kalamazoo

11 DAYS ON ROCKET

-17 Days

$185,000

-$42.3K Less

KEY TAKEAWAY

This property is $42.3K less than the Median Sold Price in Kalamazoo, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Kalamazoo Association of REALTORS®
  • MLS Number: #66024057651

Listing Office:

  • Office Name: Lukeman Group LLC
  • Office Phone: (269) 598-6567
  • Listing Agent: Joseph Lukeman

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: 11/15/2024, 4:20:52 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

Nov 21, 2011Home Sold
$52,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,826$40,600
2020$1,759$36,500
2019$1,759$30,800
2018 - $28,800
2017 - $27,200

History based on county public records data.

Payment Calculator

$991

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$621

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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-417153
5
/10

  • El Sol Elementary School

  • 604 W Vine St

  • 0.08 miles

  • Public Magnet Grades KG-5

school-card-donut-417154
4
/10

  • Woodward School for Technology and Research

  • 606 Stuart Ave

  • 0.85 miles

  • Public Magnet Grades PK-5

school-card-donut-417155
4
/10

  • Lincoln International Studies School

  • 912 N Burdick St

  • 1.19 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,606. Typical income of Kalamazoo, MI residents is less than $35k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Kalamazoo County›Kalamazoo›49007›703 Locust St

This home is located at 703 Locust St in Kalamazoo, MI and zip code 49007 in the Vine neighborhood. This home, which was built in 1920, sits on a 0.10 acre lot. It has been listed on Rocket Homes since November 03, 2024 and is currently priced at $185,000.

Over 38 listings were sold over their listed price in October 2024 in Kalamazoo, MI. In the same period over 65 listings were sold below the listed price and 29 listings were sold for the listed price. In October 2024 in Kalamazoo, MI there were 5.7% more homes for sale than in September 2024. In October 2024, listings were on the market for 28 days. During the same period, the median list price in this real estate market was $227,301.

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

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