520 W University Drive

About this home

LAND CONTRACT AVAILBLE! ZONED 0-2/R-1 R/2 New: flooring and kitchen cabinets! Downtown Rochester living or investment or enjoy living in downtown! 3 full baths and 3 large bedrooms recently rented for 2400/mo

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 $429,900, or $246 per square foot, 24% above the city median, and has been on the market 2 days. 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 $5,028 a year. A buyer who lives here would pay about $2,917 to $7,039 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

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