$194,500

503 Oak St Norway, MI 49870

$2,310
Closing credit¹
3 beds
1 full, 1 partial
1,916 sqft
0.3 acres
$102 / sqft
House

Property details

About 503 Oak St

Don’t miss this charming 3-bedroom, 1.5-bath home perched on a 0.25-acre corner lot with an elevated view of beautiful Lake View! Offering a sense of privacy with a mature hedge fence surrounding much of the property, this home is designed for both comfort and convenience. The fully fenced backyard features a patio area perfect for outdoor entertaining, plus a 2-car detached garage, a storage shed, and a durable metal shingle roof for added peace of mind. Inside, the spacious open-concept kitchen flows into the formal dining room — ideal for hosting or family gatherings. All three bedrooms are located on the upper level, including one with a private half-bath. The basement provides a non-conforming room, laundry area, and abundant storage space. This is a wonderful opportunity to enjoy incredible views, versatile living spaces, and a welcoming place to call home!

Highlights

Home typeSingle Family Residence
HeatingNatural Gas, Forced Air
StatusActive
CoolingCentral Air
Size1,916 sqft
BasementYes
Lot size0.25 Acres
Year built1940
Parking1 Space, Garage, On Street
MLS #50172781
Garage2 spaces
WaterfrontWater View
ViewWater

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Dryer, Microwave, Range, Oven, Refrigerator, Washer
  • Basement: Yes
  • Interior: None (InteriorFeatures)
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Attached Garage: No
  • Private Pool: No
  • Parking: 1 Space, Garage, On Street
  • Waterfront: Water View
  • View: Water
  • Exterior: Patio
  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air
  • List Price: $194,500
  • Price/SqFt: $101
  • Directions: Coming West from US2 into Norway continue straight for about 1.5 miles. Take a right (right after S&S Auto). Continue straight, property is on the right at the end of the block.
  • Year Built: 1940
  • Stories: 1
  • Living Area: 1,916 SqFt
  • School District: Norway-Vulcan Area Schools
  • Lot Size: 0.25 Acres
  • MLS Number: 50172781
  • MLS Name: Upper Peninsula Assoc of Realtors
  • Office Name: RE/MAX NORTH COUNTRY
  • Office Phone: (877) 875-6331
  • Office Email: danelle.dove@remax.net
  • Listing Agent: JORDYN LEONARDUZZI

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2025, 5:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home with a front lawn

$194,500

503 Oak St

$2,310

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$98,200$-
2023$75,100$-
2022$65,800$-
2021$65,300$-
2020$46,000$-
2019$42,300$-
2018$42,300$-

History based on county public records data.

Nearby schools

8

Norway Elementary School

Public Magnet PK-5

0.3 mi

300 Section St

5

Niagara Elementary School

Public District PK-6

4.9 mi

700 Jefferson Ave

4

North Elementary School

Public District KG-4

7.8 mi

900 5th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $40,741. Most Norway, MI residents have annual incomes between $35k-100k. The majority of families are single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

41%
<35k
46%
35k-100k
12%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

44%
Single, No Kids
14%
Single, with Kids
24%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
8%
12-17 yrs old
17%
18-34 yrs old
41%
35-64 yrs old
19%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • Pro WrestlingPro Wrestling
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • RamRam
  • DodgeDodge
  • ChevroletChevrolet

What do the neighbors listen to?

  • Classic CountryClassic Country
  • CountryCountry
  • New CountryNew Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 503 Oak St

The listing price of 503 Oak St property is $194,500.

The property 503 Oak St is a house located in Norway, Michigan, 49870.

Active Listing: 503 Oak St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 503 Oak St are: Norway Elementary School (GreatSchools Rating 8/10), Niagara Elementary School (GreatSchools Rating 5/10), North Elementary School (GreatSchools Rating 4/10), Vulcan Middle School (GreatSchools Rating 6/10), Kingsford Middle School (GreatSchools Rating 6/10), Central Middle School (GreatSchools Rating 5/10), Norway High School (GreatSchools Rating 8/10), Niagara High School (GreatSchools Rating 6/10), Imk Community Education (GreatSchools Rating 1/10).

The property at 503 Oak St has 3 bedrooms and 1 full and 1 half bathrooms.

The property 503 Oak St is 1,916 SqFt (source: MLS/tax record).

The year of construction for 503 Oak St is 1940.

This home is located at 503 Oak St in Norway, MI and zip code 49870. This 1,916 square foot home, which was built in 1940, sits on a 0.25 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 28, 2025 and is currently priced at $194,500.

From Rocket Homes Real Estate and based on county public records data.

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