1 month on rocket

20560 N Lake Rd, Gregory, MI, 48137

$289,000

Home List Price

$3,432*

Closing Credit

3 Full Baths
1,464 SqFt
$197/SqFt
Multi

Location

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20560 N Lake Rd, Gregory$289,000

Buyer Closing Credits

$3,432*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1980
HeatingElectric, Radiant, Separate Meters
CoolingWall Unit(s)
BasementYes
MLS #56050158864
Lot Size2.00 Acres
StatusActive

About 20560 N Lake Rd

Great investment opportunity. Fantastic location. Peaceful nature retreat surround. 2 acres of land with all sorts of wildlife deer, turkey sandhill cranes, and other assorted wildlife. One block to Potawatami Bike Trail access. Boarders on 40,000 acres of Pinckney Recreation Area and across the street is Burt Shurly Camp. Only a 10 minute drive to Chelsea, 25 minute drive to Ann Arbor. 2 units are leased with a potential third unit downstairs. Unit 1 has 2 bedrooms, 1 bath and hardwood floors. Unit 2 has 1 bedroom, 1 bath and hardwood floors. Walk out basement offers more space.

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 1980
  • Stories: 1
  • Living Area: 1,464 SqFt

Listing Office:

  • Office Name: Howard Hanna Real Estate Services-Tecumseh
  • Office Phone: (517) 424-4444
  • Listing Agent: Robert Fox

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3

Lot Features

Lot Information:

  • Lot Size: 2.00 Acres

Utilities

Utilities Information:

  • Heating: Electric, Radiant, Separate Meters
  • Cooling: Wall Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $289,000
  • Price Per SqFt: $197/SqFt

Tax Information:

  • Annual Amount: $3,817
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Gregory, MI.

Med. Sold Price

$350K

Med. Price/SqFt

$206

Avg. Days On Market

44

# of Sold Homes

4

20560 N Lake Rd vs Gregory

30 DAYS ON ROCKET

-14 Days

$289,000

-$61K Less

$197/SqFt

-$10 Less

KEY TAKEAWAY

This property is $61K less than the Median Sold Price and $10/SqFt less than other homes in Gregory, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Lenawee County Association of REALTORS®
  • MLS Number: #56050158864

Listing Office:

  • Office Name: Howard Hanna Real Estate Services-Tecumseh
  • Office Phone: (517) 424-4444
  • Listing Agent: Robert Fox

IDXDisclaimer: 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.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 9:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,817$105,000
2020$2,976$93,600
2019$3,374$92,100
2018$712$93,600
2017$3,300$92,900

History based on county public records data.

Payment Calculator

$1,510

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$933

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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.

Nearby Schools

school-card-donut-247324
7
/10
  • South Meadows Elementary School

  • 335 Pierce St

  • 6.00 miles

  • Public District Grades 3-5

school-card-donut-247325
5
/10
  • Navigator Upper Elementary School

  • 2150 E M 36

  • 7.40 miles

  • Public District Grades 4-5

school-card-donut-247326
9
/10
  • Farley Hill Elementary School

  • 8110 Farley Rd

  • 7.89 miles

  • Public District Grades KG-3

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,654. Most Gregory, MI residents have annual incomes between $35k-100k. Typical family type is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesMichiganLivingston CountyGregory4813720560 N Lake Rd

This home is located at 20560 N Lake Rd in Gregory, MI and zip code 48137. This 1,464 square foot home, which was built in 1980, sits on a 2.00 acre lot. Features: 3 bathrooms. It has been listed on Rocket Homes since October 21, 2024 and is currently priced at $289,000.

While more than 0 listings in Gregory, MI in October 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 2 were sold below. In October 2024 in Gregory, MI there were 5% more homes for sale than in September 2024. In October 2024 median list price was $350,000 and the average listing age was 44 days.

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

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