new - 3 days on rocket

901 Spring St, Luther, MI, 49656

$40,000

Home List Price

$475*

Closing Credit

0 Baths
1,300 SqFt
$31/SqFt
House

Location

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901 Spring St, Luther$40,000

Buyer Closing Credits

$475*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached
Year Built1968
HeatingForced Air
MLS #71024059307
Lot Size1.20 Acres
StatusActive

About 901 Spring St

OPPORTUNITY!!! With an estimated ARV of nearly $150,000, this ranch-style home presents the savvy investor with an incredible opportunity. Sitting on 1.2 acres, this property features a brand-new roof down to the rafters, all-new windows, new stud framing, and new doors. Both electric and water have been run to the home and just need to be connected. Whether you're planning a fix-and-flip or looking to make this a permanent residence, you won't be disappointed!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1968
  • Stories: 1
  • Living Area: 1,300 SqFt

Listing Office:

  • Office Name: Besteman Properties Group Inc.
  • Office Phone: (616) 724-3000
  • Listing Agent: Anthony Johnson

Interior Features

Interior Information:

  • Interior: Laundry Facility

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 1.20 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: US 131 S to Luther Exit, W to State Rd, S to State St, Right on Cherry to Spring

Price Information

Listing Price Info

Price Summary:

  • List Price: $40,000
  • Price Per SqFt: $31/SqFt
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Housing Market Comparison

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

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Luther, MI

City

Med. Sold Price

$177.5K

Med. Price/SqFt

$117

Avg. Days On Market

30

# of Sold Homes

1

901 Spring St vs Luther

3 DAYS ON ROCKET

-27 Days

$40,000

-$137.5K Less

$31/SqFt

-$86 Less

KEY TAKEAWAY

This property is $137.5K less than the Median Sold Price and $86/SqFt less than other homes in Luther, MI.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Name: West Michigan Lakeshore Association of REALTORS®
  • MLS Number: #71024059307

Listing Office:

  • Office Name: Besteman Properties Group Inc.
  • Office Phone: (616) 724-3000
  • Listing Agent: Anthony Johnson

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: 11/17/2024, 9:20:52 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 - $18,000
2020 - $18,500
2019 - $17,200
2018 - $19,100
2017 - $17,300

History based on county public records data.

Payment Calculator

$267

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$186

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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-546870
5
/10

  • Pine River Area Elementary School

  • 408 W Gilbert St

  • 11.39 miles

  • Public District Grades PK-3

school-card-donut-546871
7
/10

  • Forest View Elementary School

  • 7840 S 25 Mile Rd

  • 13.60 miles

  • Public District Grades PK-5

school-card-donut-546872
2
/10

  • Baldwin Elementary School

  • 525 4th St

  • 13.64 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 $36,278. Typical income of Luther, MI residents is less than $35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 901 Spring St

What is the listing price of this property?

The listing price of 901 Spring St property is $40,000.

What type of property is this?

The property 901 Spring St is a house located in Luther, Michigan, 49656.

Is this property for sale now?

Active Listing: 901 Spring St is For Sale (Active/New) which means the seller is accepting offers.

What is the square footage of this property?

The property 901 Spring St is 1,300 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 901 Spring St is 1968.

Rocket Homes›Michigan›Lake County›Luther›49656›901 Spring St

This home is located at 901 Spring St in Luther, MI and zip code 49656. This 1,300 square foot home, which was built in 1968, sits on a 1.20 acre lot. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $40,000.

Over 0 listings were sold over their listed price in October 2024 in Luther, MI. In the same period over 1 listings were sold below the listed price and 0 listings were sold for the listed price. The inventory of homes for sale in Luther, MI between September 2024 and October 2024 increased by 5.3%. In October 2024, listings were on the market for 30 days. During the same period, the median list price in this real estate market was $177,500.

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

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