4 months on rocket

863 Martin Luther King Jr St, Grand Rapids, MI, 49507

$225,000

Home List Price

$2,672*

Closing Credit

0 Baths
Multi

Location

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863 Martin Luther King Jr St, Grand Rapids$225,000

Buyer Closing Credits

$2,672*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1910
HeatingForced Air, Natural Gas
BasementYes
MLS #71024039409
Lot Size0.11 Acres
StatusActive

About 863 Martin Luther King Jr St

Up down Duplex located near MLK Park. 2bed one bath on the lower level, 3 bed 1 bath on the upper. Separate furnaces and water heaters.

Property Details

Property Features

Property Information:

  • Year Built: 1910

Listing Office:

  • Office Name: Signature Associates Kalamazoo
  • Office Phone: (269) 385-2000
  • Listing Agent: Peter K. Cachey

Interior Features

Interior Information:

  • Basement: Yes

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: Fuller south to MLK - west to property

Price Information

Listing Price Info

Price Summary:

  • List Price: $225,000
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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

$310K

Med. Price/SqFt

$185

Avg. Days On Market

22

# of Sold Homes

277

863 Martin Luther King Jr St vs Grand Rapids

147 DAYS ON ROCKET

+125 Days

$225,000

-$85K Less

KEY TAKEAWAY

This property is $85K less than the Median Sold Price in Grand Rapids, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: West Michigan Lakeshore Association of REALTORS
  • MLS Number: #71024039409

Listing Office:

  • Office Name: Signature Associates Kalamazoo
  • Office Phone: (269) 385-2000
  • Listing Agent: Peter K. Cachey

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: 12/18/2024, 5:21:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$1,190

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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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-4411379
1
/10

  • Campus Elementary School

  • 710 Benjamin Ave SE

  • 0.52 miles

  • Public District Grades PK-5

school-card-donut-4411380
6
/10

  • Congress Elementary School

  • 940 Baldwin St SE

  • 0.87 miles

  • Public District Grades PK-5

school-card-donut-4411381
8
/10

  • Grand Rapids Child Discovery Center

  • 409 Lafayette Ave SE

  • 0.91 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,400. Most Grand Rapids, MI residents have annual incomes less than $35k. Typical family type is 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›49507›863 Martin Luther King Jr St

This home is located at 863 Martin Luther King Jr St in Grand Rapids, MI and zip code 49507 in the Baxter neighborhood. This home, which was built in 1910, sits on a 0.11 acre lot. It has been listed on Rocket Homes since July 23, 2024 and is currently priced at $225,000.

Grand Rapids, MI housing market in November 2024 saw over 93 listings sold above listed price, more than 62 sold at listed price and over 122 sold below. Between October 2024 and November 2024, Grand Rapids, MI real estate market has seen decrease in the number of listings by 10.4%. The median list price of listings available in November 2024 was $310,027, while the average time on the real estate market was 22 days.

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

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