**Charming 24.44-Acre Parcel in Memphis, MI – Endless Possibilities Await!** Discover the perfect blend of rural charm and untapped potential with this expansive 24.44-acre parcel in the peaceful area of Memphis, MI. This versatile piece of land is a rare find, offering endless possibilities for the savvy buyer. Whether you envision a peaceful agricultural life or a stunning new home nestled in the vast land, or looking to invest in a large parcel for years to come... this property can make your dreams a reality. Don’t miss the chance to own this incredible 24.44-acre parcel. Contact us today to explore this opportunity further and begin the journey to making this land your own!
Property Details
Property Features
Listing Office:
Office Name: Keller Williams Paint Creek
Office Phone: (248) 609-8000
Listing Agent: Denise L Bellore
Virtual/3D Tour
Virtual Tour: 000 Masters Rd
Virtual Tour
Lot Features
Lot Information:
Lot Size: 24.44 Acres
School Info
Assigned Schools Information:
Capac High School, Public District Grades 9-12
Capac Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: north off M19/Masters Rd.
Price Information
Listing Price Info
Price Summary:
List Price: $225,000
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 Riley Township, MI.
This property is $113.4K less than the Median Sold Price in Riley Township, MI.
Based on homes sold in October 2024
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20240062148
Listing Office:
Office Name: Keller Williams Paint Creek
Office Phone: (248) 609-8000
Listing Agent: Denise L Bellore
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
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.
$1,190
Per Month
Principal & Interest
$1,123
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
$741
Powered By
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.
Elementary School
4
/10
Capac Elementary School
351 W Kempf Ct
Distance between this listing and this school7.82 miles
Public District Grades PK-5
High School
7
/10
Capac High School
541 N Glassford St
Distance between this listing and this school7.94 miles
Public District Grades 9-12
Assigned Schools
4
/10
Capac Elementary School
351 W Kempf Ct
Distance between this listing and this school7.82 miles
Public District Grades PK-5
Nearby Schools
7
/10
Memphis Elementary School
34165 Bordman Rd
Distance between this listing and this school3.54 miles
Public District Grades PK-5
8
/10
John F. Farrell-Emmett Elementary School
3300 Kinney Rd
Distance between this listing and this school5.24 miles
Public District Grades PK-5
Nearby Schools
6
/10
Armada Middle School
23550 Armada Center Rd
Distance between this listing and this school6.21 miles
Public District Grades 6-8
5
/10
Richmond Middle School
35250 Division Rd
Distance between this listing and this school9.55 miles
Public District Grades 5-8
6
/10
Almont Middle School
4624 Kidder Rd
Distance between this listing and this school10.80 miles
Public District Grades 5-8
Assigned Schools
7
/10
Capac High School
541 N Glassford St
Distance between this listing and this school7.94 miles
Public District Grades 9-12
Nearby Schools
7
/10
Memphis Junior/Senior High School
34130 Bordman Rd
Distance between this listing and this school3.71 miles
Public District Grades 6-12
7
/10
Armada High School
23655 Armada Center Rd
Distance between this listing and this school6.34 miles
The neighbors living near this home have an average income of $80,326. Most Riley Township, MI residents have annual incomes between $35k-100k. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 000 Masters Rd
What is the listing price of this property?
The listing price of 000 Masters Rd property is $225,000.
What type of property is this?
The property 000 Masters Rd is land located in Riley, Michigan, 48041.
Is this property for sale now?
Active Listing: 000 Masters Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 000 Masters Rd are: Capac Elementary School: GreatSchools Rating 4/10Capac High School: GreatSchools Rating 7/10
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 000 Masters Rd in Riley, MI and zip code 48041. This home sits on a 24.44 acre lot. It has been listed on Rocket Homes since August 22, 2024 and is currently priced at $225,000.
In October 2024, from all listings sold in Riley Township, MI there were more than 1 sold above asking price, over 3 sold below and more than 0 were sold right at the asked price. The inventory of homes for sale in Riley Township, MI between September 2024 and October 2024 decreased by 8.3%. The median list price of listings available in October 2024 was $338,437, while the average time on the real estate market was 29 days.
From Rocket Homes Real Estate and based on county public records data.