This Long Lake Peninsula wooded lot has been waiting for you. Shared access to Long Lake with boat ramp, dock and beach area. Community park with baseball field, beach volleyball, pavilion and playground right across the street! This was originally 5 lots on 2.26 acres. it's about the location and access. The majority of this property is on wetlands and due diligence will be required. Priced accordingly. it's one great site that is actually two separate lots, with with separate tax ID#'s totaling 2.26 acres
Property Details
Property Features
Listing Office:
Office Name: REO-TCFront-233021
Office Phone: (231) 947-9800
Listing Agent: Richard Barrett
Exterior Features
Exterior Information:
Waterfront: Lake, All Sports
Exterior: None
Lot Features
Lot Information:
Lot Size: 2.26 Acres
Other
Directions Information:
Directions: Secor Rd until it turns into N South Long Lake Rd. Turn right on Outer Dr, Turn right on Shady Lane until it ends at Cedar Dr. Property immediately on right,
Price Information
Listing Price Info
Price Summary:
List Price: $38,000
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 Traverse City, 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.
$257
Per Month
Principal & Interest
$190
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
$180
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
5
/10
Westwoods Elementary School
1500 Fisher Rd
Distance between this listing and this school1.70 miles
Public District Grades PK-5
4
/10
Silver Lake Elementary School
5858 Culver Rd
Distance between this listing and this school2.45 miles
Public District Grades PK-5
5
/10
Long Lake Elementary School
7600 N Long Lake Rd
Distance between this listing and this school2.86 miles
Public District Grades PK-5
Nearby Schools
7
/10
Traverse City West Middle School
3950 Silver Lake Rd
Distance between this listing and this school4.93 miles
Public District Grades 6-8
9
/10
Tcaps Montessori School
1009 S Oak St
Distance between this listing and this school6.67 miles
Public District Grades PK-7
6
/10
Traverse City East Middle School
1776 3 Mile Rd N
Distance between this listing and this school9.24 miles
Public District Grades 6-8
Nearby Schools
8
/10
West Senior High School
5376 N Long Lake Rd
Distance between this listing and this school3.84 miles
Public District Grades 9-12
6
/10
The Greenspire School
1026 Red Dr
Distance between this listing and this school5.56 miles
Public Charter Grades 6-12
8
/10
Central High School
1150 Milliken Dr
Distance between this listing and this school8.53 miles
The neighbors living near this home have an average income of $85,739. The most common annual income of people living in Traverse City, MI is between $35k-100k. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1388 Cedar Dr
What is the listing price of this property?
The listing price of 1388 Cedar Dr property is $38,000.
What type of property is this?
The property 1388 Cedar Dr is land located in Traverse City, Michigan, 49685.
Is this property for sale now?
Active Listing: 1388 Cedar Dr 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 1388 Cedar Dr in Traverse City, MI and zip code 49685. This home sits on a 2.26 acre lot. It has been listed on Rocket Homes since May 13, 2024 and is currently priced at $38,000.
While more than 8 listings in Traverse City, MI in November 2024 were sold above asking price, there were more than 20 listings sold at asking price, and more than 54 were sold below. In November 2024 in Traverse City, MI there were 8.3% less homes for sale than in October 2024. While the average time on the market in November 2024 was 84 days, the median list price was $450,000.
From Rocket Homes Real Estate and based on county public records data.
Hunting
Hunting
Figure Skating
NASCAR
Dillards
Dick's Sporting Goods
Dollar General
Cracker Barrel
Texas Roadhouse
Applebees
Cadillac
Subaru
Ram
News/Talk/Information
New Country
Classic Country