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7501 Colby, Bancroft, MI 48414

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For Sale

$32,000

1 beds • 1 baths • 650 sqft

Estimated Payment

$ 245 /mo. †

6.67% APR for 30 yrs.
$959 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $49.23
    Price per square foot

  • Over 50 Years Old
    Age

  • Fireplace
    Heating System

Explore this Property

Looking for a project? This property has plenty of potential. Room to add on. Just under a half acre. Nice location close to I-69. Start your journey today. Easy to show. Buyer's agent to verify all information. Schedule your showing and let your imagination go.
MLS# 50164400

Courtesy Of CB Professionals
650 PURDY LANE, MORRICE, MI
(517) 625-4488

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Bungalow
  • Exterior Type
    Block
  • Fireplace
    Fireplace
  • Heating System
    Fireplace
  • Lot Size
    0.4 Acres
  • Rooms
    Kitchen, Living Room

Map and Directions

Directions to 7501 Colby, Bancroft, MI 48414

Home seller CENTURY 21 Affiliated

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Affiliated

(517) 887-0800
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $165
  • Property Taxes
    $79
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $245

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

We don't have all the school attendance zone information for this listing. Contact a local CENTURY 21 office for more information.

Other Nearby Schools Distance Type Grades School Rating
Morrice Area High School 3.6 miles Public 7-12 C+
Morrice Area Elementary School 3.8 miles Public PK-6 C-
Perry High School 5.3 miles Public 9-12 B-
Perry Middle School 5.4 miles Public 5-8 C
Spring Vale Christian School 5.5 miles Private KG-12
Perry Elementary School 5.7 miles Public PK-4 C+

Morrice Area High School

Distance: 3.6 miles

Type Public

Grades: 7-12

C+

Morrice Area Elementary School

Distance: 3.8 miles

Type Public

Grades: PK-6

C-

Perry High School

Distance: 5.3 miles

Type Public

Grades: 9-12

B-

Perry Middle School

Distance: 5.4 miles

Type Public

Grades: 5-8

C

Spring Vale Christian School

Distance: 5.5 miles

Type Private

Grades: KG-12

Perry Elementary School

Distance: 5.7 miles

Type Public

Grades: PK-4

C+

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Bancroft, MI 48414

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Bancroft, MI 48414

This community’s employment is highest in the sales and construction industries. The area’s overall household expenses are above the national average.

83° July
Hottest Average Month
15° January
Coldest Average Month
944 Total Households in Area
0.3% Increase in population since the year 2010
31.2%
of households
have children
33 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Bancroft, MI 48414

Bancroft, MI 48414 has a population of 2,486 people in 944 households with a median age of 44.1 years old.

0.3%
Increase in population
since the year 2010
Population is Trending up
955
Total households as of 2010
1.2%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 44.1 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 93%
Hispanic 3%
Other <1%
Native American <1%
Asian <1%
Black <1%
The most prevalent ethnicity is White at 93%, followed by Hispanic at 3%, Other at <1%, and Native American at <1%.

Economics
for Bancroft, MI 48414

78 /sq mi
Population Density
$68,583 /yr
Median Household Income
$160,000
Median Sales Price
33 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 18.79% of the households.

Transportation to Work

  • Drive 94%
  • Work from Home 5%
  • Walk or Bike 1%
  • Public Transit 0%

Occupancy by Type

Owned 864 85%
Rented 80 8%
Vacant 76 7%

White vs Blue Collar Jobs







White Collar 58%
Blue Collar 42%

Family & Education Facts
for Bancroft, MI 48414

44.1 Median Age

Average Household Size

2.6
persons per
household

57.2%

Married Households

Community Population By Education

High School Graduate 32%
Some College 27%
Associates Degree 16%
Bachelors Degree 13%
Some High School 7%
Graduate Degree 4%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 32.2% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
31.3% of households have children

Weather
for Bancroft, MI 48414

The weather for this area ranges from a high of 83° F in July to a low of 15° F in January

83° July
Hottest Average Month
15° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
15°
30°
Feb
16°
33°
Mar
24°
43°
Apr
35°
57°
May
46°
69°
Jun
55°
79°
Jul
60°
83°
Aug
58°
81°
Sep
51°
73°
Oct
40°
61°
Nov
31°
47°
Dec
20°
34°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 Greater Shiawassee Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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