GREAT BUILDING LOCATION just a half mile away from the south end of Elk Lake with views of Elk Lake! This 1.32 acre lot is situated between Traverse City and Elk Rapids makes it an ideal location to build your Northern Michigan dream home. Elk Rapids Schools make this an ideal location for your family or vacation home. Elevated 154' above Elk lake. Natural gas and electric at the street.
Property Details
Property Features
Listing Office:
Office Name: REMAX Of Elk Rapids
Listing Agent: Donald Fedrigon
Exterior Features
Exterior Information:
Waterfront: None
Exterior: None
Lot Features
Lot Information:
Lot Size: 1.32 Acres
Other
Directions Information:
Directions: Take Elk Lake Road to Palaestrum Road
Price Information
Listing Price Info
Price Summary:
List Price: $79,900
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Williamsburg, MI.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$466
Per Month
Principal & Interest
$399
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$306
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Mill Creek Elementary School
9039 Old M 72
Distance between this listing and this school1.96 miles
Public District Grades PK-5
6
/10
Rapid City Elementary School
5258 River Road
Distance between this listing and this school6.07 miles
Public District Grades PK-5
7
/10
Lakeland Elementary School
616 Buckley St
Distance between this listing and this school6.49 miles
Public District Grades PK-5
Nearby Schools
7
/10
Cherryland Middle School
707 E 3rd St
Distance between this listing and this school6.33 miles
Public District Grades 6-8
8
/10
Woodland School
7224 Supply Rd
Distance between this listing and this school7.80 miles
Public Charter Grades KG-8
6
/10
Traverse City East Middle School
1776 3 Mile Rd N
Distance between this listing and this school10.01 miles
Public District Grades 6-8
Nearby Schools
9
/10
Elk Rapids High School
308 Meguzee Pt
Distance between this listing and this school6.17 miles
Public District Grades 9-12
3
/10
Sunrise Academy
97 Lake St
Distance between this listing and this school6.83 miles
Public District Grades 9-12
2
/10
Traverse City High School
3962 3 Mile Rd N
Distance between this listing and this school9.03 miles
The neighbors living near this home have an average income of $76,966. The majority of Williamsburg, MI residents have income between $35k-100k annually. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 0 Palaestrum Rd
What is the listing price of this property?
The listing price of 0 Palaestrum Rd property is $79,900.
What type of property is this?
The property 0 Palaestrum Rd is land located in Williamsburg, Michigan, 49690.
Is this property for sale now?
Active Listing: 0 Palaestrum Rd is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 0 Palaestrum Rd in Williamsburg, MI and zip code 49690. This home sits on a 1.32 acre lot. It has been listed on Rocket Homes since September 23, 2024 and is currently priced at $79,900.
In October 2024 more than 2 listings in Williamsburg, MI were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 8 were sold below. The inventory of homes for sale in Williamsburg, MI between September 2024 and October 2024 increased by 1.7%. The median list price of listings available in October 2024 was $543,000, while the average time on the real estate market was 104 days.
From Rocket Homes Real Estate and based on county public records data.
Hunting
Hunting
Figure Skating
NASCAR
Dillards
Dick's Sporting Goods
Wal-Mart
Cracker Barrel
Texas Roadhouse
Hardee's
Cadillac
Subaru
Ram
News/Talk/Information
New Country
Classic Country