$72,000
6.26 Acres
Land
Erick Monzo, Norman Campbell, Listing Office: Keller Williams Realty-Great Lakes
1 / 1
Sold in 28 Days
VL Burgess Road, Memphis, MI, 48041
Closed On : Fri Dec 13 2024
$35,000
$5K Below Asking
List Price : $40,000
2.75 Acres
Land
Location
Comparable Homes
Price Details
Housing Market Comparison
See how this home compares to others in Memphis, MI.
City
Med. List Price
$304.9K
Med. Price/SqFt
$198
Avg. Days On Market
49
VL Burgess Road vs Memphis
80 DAYS ON ROCKET
+31 Days
$35,000
-$269.9K Less
KEY TAKEAWAY
This property is $269.9K less than the Median List Price in Memphis, MI.
Based on homes listed in the last 12 months
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.
Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/26/2024, 9:21:01 PM 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
$267
Per Month
Principal & Interest
$200
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$186
Powered By
Advertisement
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
7
/10
Memphis Elementary School
34165 Bordman Rd
Distance between this listing and this school4.33 miles
Public District Grades PK-5
7
/10
Orville C Krause Elementary School
23900 Armada Center Rd
Distance between this listing and this school5.44 miles
Public District Grades PK-5
8
/10
John F Farrellemmett Elementary School
3300 Kinney Rd
Distance between this listing and this school6.52 miles
Public District Grades PK-5
Neighborhood
What Are The Neighbors Like?
How much money do the neighbors make?
12%
<35k
51%
35k-100k
33%
100k-200k
4%
200k+
What level of education do the neighbors have?
- Post Secondary
- 52%
- High School
- 45%
- Masters
- 4%
What types of families live nearby?
22%
Single, No Kids
6%
Single, with Kids
43%
Married, No Kids
29%
Married, with Kids
Are the neighbors home owners or renters?
- Home Owners
- 95%
- Renters
- 5%
How old are people in this area?
14%
<11 yrs old
11%
12-17 yrs old
15%
18-34 yrs old
49%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
- Hunting
- NASCAR
- Figure Skating
Hunting
NASCAR
Figure SkatingWhere do the neighbors shop?
- Academy Sports & Outdoors
- Bass Pro Shops
- Wal-Mart
Academy Sports & Outdoors
Bass Pro Shops
Wal-MartWhere do the neighbors go to eat?
- Jimmy Johns
- Hardee's
- Applebees
Jimmy Johns
Hardee's
ApplebeesWhat do the neighbors drive?
- Chevrolet
- GMC
- Ram
Chevrolet
GMC
RamWhat do the neighbors listen to?
- New Country
- Classic Country
- Oldies
New Country
Classic Country
OldiesThe neighbors living near this home have an average income of $80,326. Typical income of Memphis, MI residents is between $35k-100k annually. Most families are married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Interested in homes like this? Let's connect.
Contact Us
(855) 200-2001Let Us Contact You
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
Rocket Homes›Michigan›Saint Clair County›Memphis›48041›VL Burgess Road
The inventory of homes for sale in Memphis, MI between October 2024 and November 2024 decreased by 23.1%. In November 2024 median list price was $304,900 and the average listing age was 49 days.
From Rocket Homes Real Estate and based on county public records data.
More Resources
More Homes For Sale in Memphis
Homes For Sale in Nearby Cities
Housing Market Reports in Saint Clair County
- Fort Gratiot Charter Township Housing Market
- Brockway Township Housing Market
- Saint Clair Township Housing Market
- Algonac Housing Market
- Yale Housing Market
- Marysville Housing Market
- East China Township Housing Market
- Clyde Township Housing Market
- Burtchville Township Housing Market
- Cottrellville Township Housing Market
- Saint Clair Housing Market
- Port Huron Housing Market