22 days on rocket

LOTA,B,C Grovecrest, Rochester Hills, MI, 48307

$450,000

1.12 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
MLS #20240080764
Lot Size1.12 Acres
StatusActive

About LOTA,B,C Grovecrest

Attention Builders! Explore the possibilities with this remarkable property. This 3-bedroom, 2.5-bath brick ranch located at 515 E. Avon Rd (also listed as residential see interior photos there) is situated on a rare 1.12-acre parcel, which has the potential to be divided into three 97 x 167 lots with the demo of the home. These 3 lots would front onto tree-lined Grovecrest, complete with existing sidewalks and larger upscale homes. The property features several mature trees and offers the possibility for walkout or daylight basements. This solid home could also be expanded with a second floor or additions to create a spacious estate sized home with a long, winding driveway off Avon Rd. Not ready to build just yet? This clean and updated home is move-in ready and could be rented out immediately at closing, allowing you to start generating income while you finalize your plans. The seller is open to Land Contract terms. Enjoy desirable Rochester Schools in this exceptional area, perfect for your big ideas!

Property Details

Property Features

Listing Office:

  • Office Name: National Realty Centers, Inc
  • Office Phone: (248) 724-1234
  • Listing Agent: Eric Oesterle

Lot Features

Lot Information:

  • Lot Size: 1.12 Acres

Other

Directions Information:

  • Directions: Take Avon East of Rochester Road to 515 E. Avon Rd. Sign is on Avon but lots will face Grovecrest

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
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Housing Market Comparison

See how this home compares to others in Rochester Hills, MI.

Med. Sold Price

$430K

Med. Price/SqFt

$212

Avg. Days On Market

28

# of Sold Homes

70

LOTA,B,C Grovecrest vs Rochester Hills

22 DAYS ON ROCKET

-6 Days

$450,000

+$20K More

KEY TAKEAWAY

This property is $20K more than the Median Sold Price in Rochester Hills, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240080764

Listing Office:

  • Office Name: National Realty Centers, Inc
  • Office Phone: (248) 724-1234
  • Listing Agent: Eric Oesterle

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, 10:20:52 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.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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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-397883
8
/10
  • Hampton Elementary School

  • 530 Hampton Cir

  • 1.13 miles

  • Public District Grades PK-5

school-card-donut-397884
7
/10
  • Hamlin Elementary School

  • 270 W Hamlin Rd

  • 1.23 miles

  • Public District Grades PK-5

school-card-donut-397885
5
/10
  • McGregor Elementary School

  • 1101 1st St

  • 1.41 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $110,119. The most common annual income of people living in Rochester Hills, MI is between $100k-200k. Typical family type is married, with kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Rochester Hills, MI

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Rochester Hills, MI?

The housing landscape in Rochester Hills is characterized by a mix of architectural styles, with a significant portion of single-family homes that reflect modern, colonial, and ranch designs. The market is diverse, offering a range of living options including condominiums and townhouses. The area has seen a steady growth in new developments, with a focus on family-friendly amenities and green spaces.

Is Rochester Hills, MI a good place to live?

Rochester Hills prides itself on a family-oriented atmosphere with a strong sense of community. The city is celebrated for its well-maintained parks and trails, which host a variety of outdoor activities year-round. Annual events such as the Festival of the Hills fireworks show and the Heritage Days festival at the Rochester Hills Museum at Van Hoosen Farm are local highlights that bring residents together.

Are things conveniently located in Rochester Hills, MI?

Residents of Rochester Hills benefit from a robust educational system, with numerous public and private schools serving the community, including those with specialized programs. The city is home to several healthcare facilities offering a range of services from primary care to specialized treatments. Retail and dining options are plentiful, with venues ranging from casual eateries to upscale dining reflecting the local culture. The public library system is active, providing resources and programs for all ages.

What does the transportation in Rochester Hills, MI look like?

Transportation in Rochester Hills is facilitated by a network of major roads and highways, including M-59 and I-75, which provide convenient access for commuting and travel. Public transit options are available, with bus services connecting to key areas within the city and surrounding regions. The community is bike-friendly, with dedicated lanes and trails, and walkability varies across neighborhoods. Ride-sharing services are also an option for residents, complementing the existing transportation infrastructure.

Frequently Asked Questions About LOTA,B,C Grovecrest

What is the listing price of this property?

The listing price of LOTA,B,C Grovecrest property is $450,000.

What type of property is this?

The property LOTA,B,C Grovecrest is land located in Rochester Hills, Michigan, 48307.

Is this property for sale now?

Active Listing: LOTA,B,C Grovecrest is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property LOTA,B,C Grovecrest is 1.12 acres.
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Rocket HomesMichiganOakland CountyRochester Hills48307LOTA,B,C Grovecrest

This home is located at LOTA,B,C Grovecrest in Rochester Hills, MI and zip code 48307. This home sits on a 1.12 acre lot. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $450,000.

In October 2024, from all listings sold in Rochester Hills, MI there were more than 17 sold above asking price, over 35 sold below and more than 18 were sold right at the asked price. Between September 2024 and October 2024, Rochester Hills, MI real estate market has seen increase in the number of listings by 7.5%. Listings spent 28 days on the market in October 2024, and had a median list price of $430,000 during the same period.

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

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