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Schoolcraft 49087
324 West Street
$396,900
● House - Off Market

324 West Street

Schoolcraft, MI 49087
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,597 Ft²
$399,900
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Pride in ownership shines throughout this 4 BR, 3 1/2 BA Ranch w/finished basement, in-ground pool and additional detached garage. Enjoy a large vaulted family room w/fireplace & slider to the pool area, kitchen with beautiful cabinets, granite & stainless, pantry & wood floor, formal dining w/built-in china cabinet, living w/an additional FP, 3 BR's on the main level with a primary suite w/beautiful Amish made built-ins, walk-in shower & soaker tub, main level laundry & spacious finished basement to include a 4th BR & BA, 2 living areas and an additional laundry room, work room and plenty of storage space for a total of over 3500 sq' of finished living space. Home also includes a pool house, carport & shed. Estate Sale 9-28, 29, 30.  Seller is ready for whowings
Unit Size
3,597 Ft²
Days on Market
-
Land Size
0.74 acres
Price per sqft
$111
Property Type
House
Property Taxes
$396
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MichRIC MLS #23136009)

Price History

Date / Event Date Event Price
Dec 6, 2023 Sold
Premium
Sold
Sep 28, 2023 Listed by HOWARD HANNA REAL ESTATE SERVI $399,900
Listed by HOWARD HANNA REAL ESTATE SERVI

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,852
  • Garage Type: 7
  • Garage Square Area: 1,160
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 31,799
  • Total Building Area: 1,852
  • Building Area: 1,852
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,852
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ORIGINAL - VILLAGE OF SCHOOLCR
  • Land Acres: 0000000730
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: S 1-18 VILLAGE OF SCHOOLCRAFT ORIGINAL PLAT LOTS 7 7-80

Neighborhood

  • School District Name: Schoolcraft Community Schools
  • School Tax School District: SCHOOLCRAFT
  • Census Tract: 006102

Zoning

  • Zoning: PH679-4304

Geography

  • District: 57
  • Parcel: 14-18-377-010
  • Lot: 7
  • Municipality: SCHOOLCRAFT VILLAGE
  • Latitude: 42.1175
  • Longitude: -85.6409

    Address

  • Full Address: 324 West St
  • Address - House Number: 324
  • Address - Street Name: West
  • Address - Suffix Type: St
  • State: MI
  • City Name: Schoolcraft
  • Carrier Code: R014
  • 4-Digit Zip Code: 9624
  • Zip Code: 49087

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $268,449

    Appraisal Valuation

  • Standard Deviation: 0.0922
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 91
  • Final Value: 401,132
  • High Value: 438,154
  • Low Value: 364,110

    Market Valuation

  • Market Total Value: $292,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $146,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 17, 2023
  • Current Sale Recording Date: Dec 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 28969
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Schoolcraft

Stats & Trends

Median Asking:

$214,500

Sale Price/ft²

$153

Below Asking

0.02%

Average Days on Market

53

Average Home Size

1774 ft²

Average Home Age

136.3 years

Currently For Sale

6 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Currently no nearby rentals
MichRIC

Listed by: SHERRY HOOD, HOWARD HANNA REAL ESTATE SERVI
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23136009
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 324 West Street built and last sold?
The property at 324 West Street was built in 1950 and last sold on Nov 17, 2023 for $396,900.
How much is this home worth?
The estimated value of the home located at 324 West Street is $412,399.
What are some comparable homes to 324 West Street?
There are currently no comparable homes to 324 West Street.
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