Commercial vacant land!! 2 acre corner parcel with 255 ft frontage on N. Lapeer Rd (M-24) and 354 ft frontage on Coulter. M-24 offers high traffic on a Class A road that's excellent for many commercial uses. Land contract terms: $15,000 down, $900 monthly with 8.5% interest rate on a 5 year balloon. Located across from Mike Nolan Farms Farm Equipment Sales.
Property Details
Property Features
Listing Office:
Office Name: Coldwell Banker Professionals
Office Phone: (810) 664-8524
Listing Agent: Jack Smith
Interior Features
Interior Information:
Basement: No
Exterior Features
Parking Information:
Attached Garage: No
Lot Features
Lot Information:
Lot Size: 2.08 Acres
Other
Directions Information:
Directions: M-24 north of Lapeer, S to corner of M-24 and Coulter Rd
Price Information
Listing Price Info
Price Summary:
List Price: $125,000
Tax Information:
Annual Amount: $2,016
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 Lapeer, MI.
This property is $135K less than the Median Sold Price in Lapeer, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20240051944
Listing Office:
Office Name: Coldwell Banker Professionals
Office Phone: (810) 664-8524
Listing Agent: Jack Smith
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.
$691
Per Month
Principal & Interest
$624
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
$441
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
6
/10
Lynch Elementary School
2035 Roods Lake Rd
Distance between this listing and this school2.47 miles
Public Magnet Grades KG-5
7
/10
Schickler Elementary School
2020 W Oregon St
Distance between this listing and this school4.04 miles
Public District Grades KG-5
6
/10
Turrill Elementary School
785 S Elm St
Distance between this listing and this school4.96 miles
Public District Grades PK-5
Nearby Schools
8
/10
Chatfield School
231 Lake Dr
Distance between this listing and this school5.00 miles
Public Charter Grades KG-8
5
/10
Rolland-Warner 6-7 Campus
3145 W Genesee St
Distance between this listing and this school5.12 miles
Public District Grades 6-7
4
/10
Lakeville Middle School
11107 Washburn Rd
Distance between this listing and this school8.45 miles
Public District Grades 5-8
Nearby Schools
1
/10
Zemmer 8-9 Campus
1920 W Oregon St
Distance between this listing and this school4.23 miles
Public District Grades 8-9
2
/10
Center for Innovation
170 Millville Rd
Distance between this listing and this school4.51 miles
Public District Grades KG-12
6
/10
Lapeer High School
933 S Saginaw St
Distance between this listing and this school5.46 miles
The neighbors living near this home have an average income of $52,052. The majority of Lapeer, MI residents have income between $35k-100k annually. Most families are married, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2991 N Lapeer Rd
What is the listing price of this property?
The listing price of 2991 N Lapeer Rd property is $125,000.
What type of property is this?
The property 2991 N Lapeer Rd is land located in Lapeer, Michigan, 48446.
Is this property for sale now?
Active Listing: 2991 N Lapeer Rd 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 $2,016 (source: MLS/based on county public records data).
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 2991 N Lapeer Rd in Lapeer, MI and zip code 48446. This home sits on a 2.08 acre lot. It has been listed on Rocket Homes since July 18, 2024 and is currently priced at $125,000.
Lapeer, MI housing market in November 2024 saw over 4 listings sold above listed price, more than 8 sold at listed price and over 11 sold below. The number of listings in Lapeer, MI increased by 5.1% between October 2024 and November 2024. In November 2024 median list price was $260,000 and the average listing age was 42 days.
From Rocket Homes Real Estate and based on county public records data.