Seize the chance to create your dream home on this exceptional vacant lot with 68 feet of prime frontage on Sherman Lake. This property is perfectly suited for a walk-out construction, allowing you to maximize the stunning lake views and enjoy seamless access to the water from your future home. This lot not only offers a serene lakeside lifestyle but also falls within the award-winning Gull Lake School System. With ample space to design a custom home that fits your lifestyle, you can create a personal oasis that takes full advantage of the beautiful surroundings. Whether you envision a modern retreat or a cozy family getaway, this property provides the perfect foundation for your vision. Call the listing agent today to schedule your showing.
Property Details
Property Features
Listing Office:
Office Name: Michigan Top Producers
Office Phone: (269) 222-2550
Listing Agent: Austin W Spieth
Exterior Features
Exterior Information:
Waterfront: Lake
Lot Features
Lot Information:
Lot Size: 0.22 Acres
Other
Directions Information:
Directions: From M 89 go South on N 38th St. Take N Sherman Lake Dr. to the property.
Price Information
Listing Price Info
Price Summary:
List Price: $259,900
Tax Information:
Annual Amount: $3,653
Tax Year: 2021
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 Augusta, MI.
This property is $59.9K more than the Median Sold Price in Augusta, MI.
Based on homes sold in October 2024
MLS Details
MLS Information:
MLS Name: Greater Kalamazoo Association of REALTORS®
MLS Number: #66024053626
Listing Office:
Office Name: Michigan Top Producers
Office Phone: (269) 222-2550
Listing Agent: Austin W Spieth
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,365
Per Month
Principal & Interest
$1,298
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
$846
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Thomas M Ryan Intermediate School
9562 M 89
Distance between this listing and this school2.92 miles
Public District Grades 3-5
5
/10
Galesburg - Augusta Primary School
315 W Battle Creek St
Distance between this listing and this school5.24 miles
Public District Grades KG-3
1
/10
Comstock Elementary School
1423 N 28th St
Distance between this listing and this school6.19 miles
Public District Grades KG-5
Nearby Schools
4
/10
Galesburg - Augusta Middle School
750 W Van Buren St
Distance between this listing and this school1.75 miles
Public District Grades 4-7
7
/10
Gull Lake Middle School
9550 M 89
Distance between this listing and this school3.14 miles
Public District Grades 4-8
9
/10
STEM Academy
175 Hunt St
Distance between this listing and this school6.71 miles
Public District Grades KG-8
Nearby Schools
4
/10
Gull Lake Gateway Academy
10100 E D Ave
Distance between this listing and this school2.69 miles
Public District Grades 9-12
8
/10
Gull Lake High School
7753 N 34th St
Distance between this listing and this school2.80 miles
Public District Grades 8-12
2
/10
Galesburgaugusta Alternative Education
1076 N 37th St
Distance between this listing and this school3.80 miles
The neighbors living near this home have an average income of $93,040. Residents of Augusta, MI typically earn between $100k-200k each year. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 12320 N Sherman Lake Dr
What is the listing price of this property?
The listing price of 12320 N Sherman Lake Dr property is $259,900.
What type of property is this?
The property 12320 N Sherman Lake Dr is land located in Augusta, Michigan, 49012.
Is this property for sale now?
Active Listing: 12320 N Sherman Lake Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $3,653 (source: MLS/based on county public records data).
How much acreage is this property?
The property 12320 N Sherman Lake Dr is 0.22 acres.
Interested in 12320 N Sherman Lake Dr? Let's connect.
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 12320 N Sherman Lake Dr in Augusta, MI and zip code 49012. This home sits on a 0.22 acre lot. It has been listed on Rocket Homes since October 11, 2024 and is currently priced at $259,900.
Augusta, MI housing market in October 2024 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 3 sold below. Between September 2024 and October 2024, Augusta, MI real estate market has seen increase in the number of listings by 38.5%. In October 2024 median list price was $200,000 and the average listing age was 18 days.
From Rocket Homes Real Estate and based on county public records data.
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. 
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