428 East Street
Rochester, MI 48307
Multi Family · MLS # 20261078651 · Listing courtesy of Century 21 Professionals
About this home
Historic residence built in summer of 1884 for Marcus Eugene Carlton and his wife Lydia. This Swiss cottage was designed by John Scott and built by Arkin & Jones. Over the years the home has had many uses from residential to business. This property offers the opportunity for a historic restoration or complete re-development. the property has 60 foot of frontage on both East Street and Water Street. The lot is 150 deep and is directly north of the Granary Live/Work Loft apartments Currently under construction.
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Rochester
Over the last 90 days, 86 homes sold in Rochester for a median of $548,750, about $198 per square foot, and the typical one went under contract in 13 days. This home is listed at $895,000, or $335 per square foot, 69% above the city median, and has been on the market 1 day. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Rochester sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $6,199 a year. A buyer who lives here would pay about $3,979 to $14,655 a year once the taxable value resets after the sale, at the 2025 homestead rate of 32.42 mills for Rochester City and Rochester schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.
Location
Similar homes in Rochester
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