1,300 feet of Portage Lake waterfront located in Ripley and about 0.6 miles east of the lift bridge on M-26. This property has great views of the lift bridge and the City of Houghton. There is unlimited potential for development with about 7.5 acres of land to include approximately 300' of M-26 highway frontage. The parcel is being sold "as is" and all offers will be responded to within 72 hours of receipt.
Property Details
Property Features
Listing Office:
Office Name: STATE WIDE OF HOUGHTON
Office Phone: (906) 482-6955
Listing Agent: DICK WALRATH
Exterior Features
Exterior Information:
Waterfront: Lake Front, Waterfront, Lake
View: Lake, Water
Lot Features
Lot Information:
Lot Size: 7.50 Acres
School Info
School District Information:
School District: Hancock Public Schools
Other
Directions Information:
Directions: RT ON M-26 OFF LIFT BRIDGE TO EAST 0.6 MI TO PROPERTY ON THE RIGHT
Price Information
Listing Price Info
Price Summary:
List Price: $1,500,000
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 Hancock, MI.
This property is $1.3M more than the Median Sold Price in Hancock, MI.
Based on homes sold in November 2024
MLS Details
MLS Information:
MLS Name: Upper Peninsula Assoc of Realtors
MLS Number: #50156910
Listing Office:
Office Name: STATE WIDE OF HOUGHTON
Office Phone: (906) 482-6955
Listing Agent: DICK WALRATH
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.
Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/22/2024, 7:21:00 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
YEAR
PROP. TAX
ASSESSMENT
2021
-
$23,011
2020
-
$22,522
2019
-
$46,189
2018
-
$35,395
2017
-
$36,215
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$7,554
Per Month
Principal & Interest
$7,487
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
$4,564
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
7
/10
Houghton Elementary School
203 W Jacker Ave
Distance between this listing and this school1.16 miles
Public District Grades KG-5
6
/10
Barkell Elementary School
1201 N Elevation St
Distance between this listing and this school1.71 miles
Public District Grades KG-5
8
/10
South Range Elementary School
2 Whealkate Dr
Distance between this listing and this school5.81 miles
Public District Grades KG-6
Nearby Schools
7
/10
Houghton Middle School
1603 Gundlach Rd
Distance between this listing and this school1.39 miles
Public District Grades 6-8
7
/10
E. B. Holman Elementary School
50870 Holman School Rd
Distance between this listing and this school7.86 miles
Public Magnet Grades KG-8
6
/10
Washington Middle School
57070 Mine St
Distance between this listing and this school9.56 miles
Public District Grades 6-8
Nearby Schools
9
/10
Houghton Portage Township High School
1603 Gundlach Rd
Distance between this listing and this school1.33 miles
Public District Grades 9-12
6
/10
Hancock Middle/High School
501 Campus Dr
Distance between this listing and this school1.58 miles
Public District Grades 6-12
8
/10
Dollar Baytamarack City Area K12 School
48475 Maple St
Distance between this listing and this school2.45 miles
The neighbors living near this home have an average income of $39,970. Typical income of Hancock, MI residents is less than $35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 20675 Royce Rd
What is the listing price of this property?
The listing price of 20675 Royce Rd property is $1,500,000.
What type of property is this?
The property 20675 Royce Rd is land located in Hancock, Michigan, 49930.
Is this property for sale now?
Active Listing: 20675 Royce 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 20675 Royce Rd in Hancock, MI and zip code 49930. This home sits on a 7.50 acre lot. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $1,500,000.
Over 1 listings were sold over their listed price in November 2024 in Hancock, MI. In the same period over 4 listings were sold below the listed price and 2 listings were sold for the listed price. Between October 2024 and November 2024, Hancock, MI real estate market has seen decrease in the number of listings by 13.6%. Listings spent 37 days on the market in November 2024, and had a median list price of $192,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. 
Hunting
Hunting
Pro Wrestling
NASCAR
Wal-Mart
Academy Sports & Outdoors
Dollar General
Hardee's
Jimmy Johns
Little Caesars
Ram
Chevrolet
Dodge
Classic Country
New Country