Last Sold Price
4 beds3,084 sqft$237/sqft
131 Drace Street, Rochester, MI 48307

Description

AMAZING Downtown Rochester Home! Located in one of the most desired areas of Rochester. Close to Paint creek trails, the parks and Downtown Restaurants. Wonderful Updates with a Stately Primary Suite. High-end luxury kitchen cabinets and appliances. From the Primary you can enjoy the natural rock gas fireplace or sit out on the second story deck overlooking the back yard. Laundry room is upstairs as well, no carpet to replace, everything is wood or tile! Detached Garage is brand new and has doors...AMAZING Downtown Rochester Home! Located in one of the most desired areas of Rochester. Close to Paint creek trails, the parks and Downtown Restaurants. Wonderful Updates with a Stately Primary Suite. High-end luxury kitchen cabinets and appliances. From the Primary you can enjoy the natural rock gas fireplace or sit out on the second story deck overlooking the back yard. Laundry room is upstairs as well, no carpet to replace, everything is wood or tile! Detached Garage is brand new and has doors in the front and back, you can enter from the rear alley or Drace Street, the second floor of the garage has tons of potential. Open house this weekend!
LISTING CLOSED: 10/18/2024 12:00 AM

  1. Listed by Michael E Jones • Brokerage DRE #6505425403 • Good Company
    P: (248) 981-4540 C: (248) 981-4540 mike@22houses.com

Property Details for 131 Drace Street

Status
MLS #
20240065390
Days on Market
23
Taxes
$9,807 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1901
Lot Size
0.17 AC / 7,405 SF
Subdivision Name
ALBERTSON ADD
Architectural Style
Colonial
Furnished
Negotiable
Waterfront
No
Senior Community
No

Recent comparable sales

Median sold price

$610,000

Avg days on market

37

Sale-to-list ratio

98.1%

Rochester, MI

9 comparable properties found

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1

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Square Feet
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Acres
$665,000 | 317 Wesley Street, Rochester, MI 48307
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Bedrooms
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Square Feet
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Acres
$632,000 | 1043 Moran Drive, Rochester, MI 48307
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Square Feet
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$570,000 | 1015 Pointe Pl Boulevard, Rochester, MI 48307
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Acres
$555,000 | 420 West 2nd Street, Rochester, MI 48307
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Square Feet
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Acres
$610,000 | 1254 Welland Drive, Rochester, MI 48306
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4
Bedrooms
3,507
Square Feet
0.28
Acres
$600,000 | 1892 Ring Neck Drive, Rochester, MI 48307
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7

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Sold 07/28/26

4
Bedrooms
2,846
Square Feet
0.23
Acres
$664,000 | 307 Drace Street, Rochester, MI 48307
1/63
8

$664,000

Sold 09/30/24

4
Bedrooms
2,960
Square Feet
0.17
Acres
$545,000 | 319 Oak Street, Rochester, MI 48307
1/27
9

$545,000

Sold 05/09/25

4
Bedrooms
2,555
Square Feet
0.28
Acres

Location

Listing Courtesy of Good Company

Sold By Stewart Team R E Partners Inc

Add your commute

Building Information for 131 Drace Street

Stories-Year Built1901Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$4,528 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,711

Property Taxes

$817

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 131 Drace Street

Summary
Location and General Information
  • Directions: Rochester rd to Drace West on Drace
  • Latitude: 42.68760648
  • Longitude: -83.13548865
  • Cross Street: Rochester and Main
  • MLS Area Major: Rochester (63152)
Taxes and HOA
  • Parcel Number: 1510429007
  • Tax Amount Summer: $8,759.00
  • Tax Amount Winter: $1,048.00
  • Tax Annual Amount: $9,807.00
  • Tax Assessed Value: $299,780.00
  • Tax Legal Description: T3N, R11E, SEC 10 ALBERTSON'S ADD LOT 64
  • Association: No
School Information
  • High School District: Rochester
Parking
  • Garage Spaces: 2.0
  • Attached Garage: No
  • Garage: Yes
  • Parking Features: Two Car Garage, Alley Access, Detached, Drive Through
Property
Lot Information
  • Frontage Length: 50.0
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Dimensions: 50.00 x 151.00
  • Lot Size Units: Acres
  • Road Frontage Feet: 50
  • Road Frontage Type: Alley, Paved
Property and Assessments
  • State Equalized Value: 299780.0
  • Living Area: 3084.0
  • Building Area Total: 3184.0
  • Above Grade Finished Area: 3084.0
  • Below Grade Total Area: 100.0
  • Class Name: Residential
  • Living Area Source: Public Records
  • New Construction: No
  • Year Built: 1901
Building Features
  • Construction Materials: Wood Siding
  • Entry Location: Ground Level
  • Foundation Details: Crawl Space, Michigan Basement
  • Levels: Three
  • Year Remodeled: 2018
  • Roof: Asphalt
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Bathrooms Total Notational: 3.0
  • Appliances: Dishwasher, Disposal, Dryer, Free Standing Gas Oven, Free Standing Refrigerator, Gas Cooktop, Range Hood, Stainless Steel Appliances, Vented Exhaust Fan, Washer, Water Softener Owned
  • Basement: Unfinished
  • Has Basement: Yes
  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 4
  • Cooling: Central Air
  • Has Cooling: Yes
  • Fireplace Features: Dining Room, Family Room, Gas, Master Bedroom, Wood Burning
  • Fireplace: Yes
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Interior Features: Programmable Thermostat, Spa Hottub
  • Rooms Total: 5
  • Spa: Yes
  • Water Heater Fuel: Natural Gas
Exterior Features
  • Patio And Porch Features: Covered, Deck
  • Pool Private: No
Room Information
Room 1
  • Room Description: Wood
  • Room Dimensions: 12x12
  • Room Length: 15.0
  • Room Width: 18.0
  • Room Level: Entry
  • Room Type: Bedroom 4
Room 2
  • Room Description: Ceramic
  • Room Flooring: Ceramic Tile
  • Room Level: Entry
  • Room Type: Bathroom 2
Room 3
  • Room Description: Ceramic
  • Room Flooring: Ceramic Tile
  • Room Level: Second
  • Room Type: Bathroom 1
Room 4
  • Room Description: Wood
  • Room Dimensions: 15x15
  • Room Length: 15.0
  • Room Width: 15.0
  • Room Flooring: Ceramic Tile
  • Room Level: Second
  • Room Type: Bedroom 2
Room 5
  • Room Dimensions: 15x18
  • Room Length: 18.0
  • Room Width: 18.0
  • Room Flooring: Wood
  • Room Level: Second
  • Room Type: Kitchen
Room 6
  • Room Description: Wood
  • Room Dimensions: 15x15
  • Room Length: 15.0
  • Room Width: 15.0
  • Room Flooring: Wood
  • Room Level: Second
  • Room Type: Bedroom 3
Room 7
  • Room Description: Wood
  • Room Dimensions: 18x18
  • Room Length: 15.0
  • Room Width: 15.0
  • Room Flooring: Wood
  • Room Level: Second
  • Room Type: Bedroom 1
Room 8
  • Room Description: Ceramic
  • Room Length: 12.0
  • Room Width: 12.0
  • Room Flooring: Wood
  • Room Level: Entry
  • Room Type: Bathroom 3
Agent
Sale and Listings
  • Public GLR Website: Yes
Rental
Rent Information
  • Existing Lease: No
  • Rent Spree: No

Property History for 131 Drace Street

DateEvent & SourcePriceAppreciation
Oct 22, 2024

Sold (Public Record)

Public Record #1544083468

$730,000

+10.4% / yr

Oct 18, 2024

Sold

Realcomp #20240065390

$730,000
Oct 18, 2024

Sold

MiRealSource #60336930

$730,000
DateEvent & SourcePrice
10/22/2024

Sold (Public Record)

Public Record #1544083468

$730,000

+10.4% / yr

10/18/2024

Sold

Realcomp #20240065390

$730,000
10/18/2024

Sold

MiRealSource #60336930

$730,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 131 Drace Street

Taxable ValueLand-Additions-Total-
Tax Record2025$9,741 ($812 / month)
Home Facts
Beds3Baths3Total Finished SqFt3,084 SqFtAbove Grade Finished SqFt3,084 SqFtUnfinished Basement SqFt878 SqFtStories2Lot Size7,579 SqFtStyleSingle Family ResidenceYear Built1901Year Renovated2016ZoningRICountyOAKLANDAPN68-15-10-429-007

Schools near 131 Drace Street

This home is within Rochester Community School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Public - 6 to 12
Public - 9 to 12
Rating
School
Distance
North Hill Elementary School
PublicPK to 5

Stoney Creek High School
Public6 to 12

Hart Middle School
Public6 to 12

John M Schultz Educational Campus
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 131 Drace Street, Rochester, MI 48307
$730,000
4
3,084
7,405
$593,000
3
2,677
7,405
$175,000
3
1,703
7,550
$135,000
3
1,100
$162,000
3
1,652
7,550
$565,000
3
2,656
7,405

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Good Company

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