This premier 4.15 acre site would be a party to a site condominium split. It is an excellent opportunity for any user that seeks visibility to the highly trafficked and critical intersection of US-131 and Centre in Portage, MI as this intersection serves as an important artery to booming Texas Township to the west and Portage to the east. Any user will get the benefit of having a significant amount of the necessary site development costs already covered by way of the existing improvements.
Property Details
Property Features
Listing Office:
Office Name: Callander Commercial
Office Phone: (269) 349-1000
Listing Agent: Matthew H Callander
Lot Features
Lot Information:
Lot Size: 4.15 Acres
Other
Directions Information:
Directions: Located on 12th Street between Centre & US131
Price Information
Listing Price Info
Price Summary:
List Price: $990,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Portage, MI.
This property is $705K more than the Median Sold Price in Portage, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Greater Kalamazoo Association of REALTORS®
MLS Number: #66023141415
Listing Office:
Office Name: Callander Commercial
Office Phone: (269) 349-1000
Listing Agent: Matthew H Callander
Disclaimer: 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.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$5,009
Per Month
Principal & Interest
$4,942
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,035
Powered By
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Moorsbridge Elementary School
7361 Moorsbridge Rd
Distance between this listing and this school1.26 miles
Public District Grades PK-5
6
/10
12th Street Elementary School
6501 S 12th St
Distance between this listing and this school1.28 miles
Public District Grades PK-5
5
/10
Amberly Elementary School
6637 Amberly St
Distance between this listing and this school1.82 miles
Public District Grades PK-5
Nearby Schools
9
/10
Portage West Middle School
7145 Moorsbridge Rd
Distance between this listing and this school1.31 miles
Public District Grades 6-8
6
/10
Oakland Academy
6325 Oakland Dr
Distance between this listing and this school2.46 miles
Public Charter Grades KG-8
9
/10
Portage Central Middle School
8305 S Westnedge Ave
Distance between this listing and this school3.10 miles
Public District Grades 6-8
Nearby Schools
9
/10
Portage Central High School
8135 S Westnedge Ave
Distance between this listing and this school3.18 miles
Public District Grades 9-12
1
/10
Portage Community High School
1010 W Milham Ave
Distance between this listing and this school3.20 miles
Public District Grades 9-12
8
/10
Portage Northern High School
1000 Idaho Ave
Distance between this listing and this school3.33 miles
The neighbors living near this home have an average income of $126,346. Most Portage, MI residents have annual incomes between $100k-200k. The majority of families are married, with kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7951 S 12th St
What is the listing price of this property?
The listing price of 7951 S 12th St property is $990,000.
What type of property is this?
The property 7951 S 12th St is land located in Portage, Michigan, 49024.
Is this property for sale now?
Active Listing: 7951 S 12th St is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 7951 S 12th St in Portage, MI and zip code 49024. This home sits on a 4.15 acre lot. It has been listed on Rocket Homes since November 08, 2023 and is currently priced at $990,000.
While more than 13 listings in Portage, MI in October 2024 were sold above asking price, there were more than 10 listings sold at asking price, and more than 26 were sold below. In October 2024 in Portage, MI there were 3.2% less homes for sale than in September 2024. While the average time on the market in October 2024 was 30 days, the median list price was $285,000.
From Rocket Homes Real Estate and based on county public records data.