2 months on rocket

912 Velma Dr, Farwell, MI, 48622

$119,000

Home List Price

$1,413*

Closing Credit

2 Bedrooms
1 Full Bath
780 SqFt
$153/SqFt
House

Location

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912 Velma Dr, Farwell$119,000

Buyer Closing Credits

$1,413*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1950
HeatingElectric, Natural Gas, Baseboard, Floor Furnace
BasementYes
WaterfrontLake
MLS #72024047464
Lot Size0.16 Acres
StatusActive

About 912 Velma Dr

Check out this beautiful little neighborhood around all-sports Lake 13 in Farwell. You can sit on your porch and enjoy the view from this completely remodeled 2 bedroom home. There's plenty of extra space for storage in the large shed, or in the unfinished attic, which has the potential for two more rooms. There is a great backyard for pets, kids, or relaxing in peace. The home is clean, comfortable, and ready for you to move right in. It also comes with a free one year home warranty so you can buy with confidence. Call today to see it in person!

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Stories: 1
  • Living Area: 780 SqFt

Listing Office:

  • Office Name: Keller Williams Northern Michigan Hometown
  • Office Phone: (231) 250-0884
  • Listing Agent: Chris Jane

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Basement: Yes
  • Interior: Laundry Facility

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Lake

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Electric, Natural Gas, Baseboard, Floor Furnace

Other

Directions Information:

  • Directions: From 115 go north on N Superior St to west on Surrey, then a quick right on Velma. Almost to the end, on the left at the sign.

Price Information

Listing Price Info

Price Summary:

  • List Price: $119,000
  • Price Per SqFt: $153/SqFt
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Housing Market Comparison

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

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Farwell, MI

City

Med. Sold Price

$243.5K

Med. Price/SqFt

$126

Avg. Days On Market

92

# of Sold Homes

10

912 Velma Dr vs Farwell

75 DAYS ON ROCKET

-17 Days

$119,000

-$124.5K Less

$153/SqFt

+$26 More

KEY TAKEAWAY

This property is $124.5K less than the Median Sold Price and $26/SqFt more than other homes in Farwell, MI.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Name: West Central Association of REALTORS®
  • MLS Number: #72024047464

Listing Office:

  • Office Name: Keller Williams Northern Michigan Hometown
  • Office Phone: (231) 250-0884
  • Listing Agent: Chris Jane

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: 11/23/2024, 11:55:51 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 - $20,975
2020 - $18,236
2019 - $18,111

History based on county public records data.

Payment Calculator

$661

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$423

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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-1016681
4
/10

  • Farwell Elementary School

  • 268 E Ohio St

  • 1.50 miles

  • Public Magnet Grades KG-3

school-card-donut-1016682
4
/10

  • Clare Primary School

  • 205 E Wheaton Ave

  • 5.36 miles

  • Public District Grades KG-4

school-card-donut-1016683
3
/10

  • Robert M Larson Elementary School

  • 455 W Spruce St

  • 11.19 miles

  • Public District Grades KG-2

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,142. The most common annual income of people living in Farwell, MI is less than $35k. Typical family type is married, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 912 Velma Dr

What is the listing price of this property?

The listing price of 912 Velma Dr property is $119,000.

What type of property is this?

The property 912 Velma Dr is a house located in Farwell, Michigan, 48622.

Is this property for sale now?

Active Listing: 912 Velma Dr is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 912 Velma Dr has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 912 Velma Dr is 780 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 912 Velma Dr is 1950.

Rocket Homes›Michigan›Clare County›Farwell›48622›912 Velma Dr

This home is located at 912 Velma Dr in Farwell, MI and zip code 48622. This 780 square foot home, which was built in 1950, sits on a 0.16 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 09, 2024 and is currently priced at $119,000.

While more than 0 listings in Farwell, MI in October 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 7 were sold below. The number of listings in Farwell, MI increased by 14.3% between September 2024 and October 2024. While the average time on the market in October 2024 was 92 days, the median list price was $243,500.

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

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