1 year on rocket

824 Lake Michigan Dr NW, Grand Rapids, MI, 49504

$750,000

Home List Price

$8,906*

Closing Credit

0 Baths
Multi

Location

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824 Lake Michigan Dr NW, Grand Rapids$750,000

Buyer Closing Credits

$8,906*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1923
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
MLS #65023000455
Lot Size0.31 Acres
StatusActive

About 824 Lake Michigan Dr NW

Great investment opportunity on the west side of Grand Rapids. Corner lot commercial/Industrial/Multi-Family opportunity! Stand Alone building with three apartments upstairs, fenced yard, open commercial/industrial/retail space. Great owner user and redevelopment opportunity. All showings must be during normal business hours M-F 10am-4:00pm. Additional multi-family could be developed depending on plans and city approvals.Showings to be during Business hours only M-F 10am-4pm and Sat by appointment.

Property Details

Property Features

Property Information:

  • Year Built: 1923

Listing Office:

  • Office Name: Gantos Group LLC
  • Office Phone: (616) 957-5500
  • Listing Agent: Michael R Gantos

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Other, Cable Available

Lot Features

Lot Information:

  • Lot Size: 0.31 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: W on Lake Michigan from US131. Property on S side of the road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $750,000

Tax Information:

  • Annual Amount: $5,136
  • Tax Year: 2021
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Housing Market Comparison

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

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Grand Rapids, MI

City

Med. Sold Price

$309.8K

Med. Price/SqFt

$232

Avg. Days On Market

20

# of Sold Homes

301

824 Lake Michigan Dr NW vs Grand Rapids

688 DAYS ON ROCKET

+668 Days

$750,000

+$440.1K More

KEY TAKEAWAY

This property is $440.1K more than the Median Sold Price in Grand Rapids, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Regional Alliance of REALTORS®
  • MLS Number: #65023000455

Listing Office:

  • Office Name: Gantos Group LLC
  • Office Phone: (616) 957-5500
  • Listing Agent: Michael R Gantos

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: 11/24/2024, 2:20:51 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 19, 2000Home Sold
$95,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,136$190,800
2020$5,136$188,800
2019$4,856$140,900
2018$4,881$131,700
2017$4,650$128,300

History based on county public records data.

Payment Calculator

$3,811

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,315

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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-1054699
4
/10

  • Sibley School

  • 943 Sibley St NW

  • 0.15 miles

  • Public District Grades PK-5

school-card-donut-1054700
4
/10

  • Stocking Elementary School

  • 863 7th St NW

  • 0.86 miles

  • Public District Grades PK-5

school-card-donut-1054701
4
/10

  • Southwest Community Campus School

  • 801 Oakland Ave SW

  • 1.25 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,532. Residents of Grand Rapids, MI typically earn between $35k-100k each year. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Kent County›Grand Rapids›49504›824 Lake Michigan Dr NW

This home is located at 824 Lake Michigan Dr NW in Grand Rapids, MI and zip code 49504 in the South West Area Neighbors neighborhood. This home, which was built in 1923, sits on a 0.31 acre lot. It has been listed on Rocket Homes since January 06, 2023 and is currently priced at $750,000.

In October 2024 more than 114 listings in Grand Rapids, MI were sold above the asking price. During the same period more than 62 listings were sold at asking price, while more than 124 were sold below. Between September 2024 and October 2024, Grand Rapids, MI real estate market has seen increase in the number of listings by 8.6%. Listings spent 20 days on the market in October 2024, and had a median list price of $309,869 during the same period.

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

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