Sold
531 W Franklin Avenue, Reed City, MI 49677
Sold on 06/01/2026 for$165,000
MLS # 26008442 (Michigan Regional Information Center (MichRIC))
4 beds1 bath1,390 sqftBuilt 19000.24 acres
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Listing Description
Home in City of REED CITY- 4 Bedrooms- one down, 3 upstairs. 1 bath down stairs. Kitchen, dining room combo area off from deck area. Large Living room and Large Front enclosed Porch for those rainy days or summer nights to enjoy. Home is close to Downtown, Hospital, Expressway connection 131, Park, schools, and so much more. One car garage and large back yard are great to have in Small Town USA living. Near Rails to Trails for biking, snowmobiling, and walking. This home is ready for you to make it HOME with immediate occupancy at closing! Spring is the perfect time to get started on all things to make this yard and House shine...
Source: SparkMLS
About this home
Located in Reed City in Reed City, this property offers 4-bedroom, 1-bath, 1,390 sq ft, with original construction dating to 1900.
Closed at $165,000 (about $119/sq ft).
Annual property taxes run approximately $2,018 ($168/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Great Lakes Energy Cooperative; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms4
Bathrooms1
Living Area1,390 sqft
Lot Size0.24 acres
Year Built1900
Stories2
Location
CityReed City
MunicipalityRichmond Twp
Zip Code49677
CountyOsceola
School DistrictReed City
Construction & Systems
StyleTraditional
ConstructionVinyl Siding, Other
BasementPartial
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed3/5/2026
Sold Date5/31/2026
Terms AcceptedCash, Conventional
Concessions$9,900
Source: SparkMLS
Tax Information
Annual Tax$2,018
Tax Year2024
Assessed Value$30,417
Parcel #52-142-005-00
Source: SparkMLS
Legal Description
LOT 5 BLK 42 J M REED & CO'S ADD
Property Records
USDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Kathy Fleming
Reed City Realty Inc
Frequently Asked Questions about 531 W Franklin Avenue, Reed City, MI 49677
What school district is 531 W Franklin Avenue, Reed City, MI 49677 in?
Per MLS# 26008442, this property is served by Reed City. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 26008442, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 26008442, the most recent reported annual property tax for 531 W Franklin Avenue, Reed City, MI 49677 is $2,018 (2024). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 531 W Franklin Avenue, Reed City, MI 49677 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Great Lakes Energy Cooperative. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the Richmond Twp police department or the Osceola County sheriff's office.
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Monthly payment$1,070
Principal & interest$1,070
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Great Lakes Energy Cooperative
Co-op
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
531 W Franklin Avenue, Reed City, MI 49677
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Municipality
Reed City
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