7 months on rocket

405 Park Ave, Frankfort, MI, 49635

$360,000

Home List Price

$4,275*

Closing Credit

3 Bedrooms
1 Full Bath
1,140 SqFt
$316/SqFt
House

Location

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405 Park Ave, Frankfort$360,000

Buyer Closing Credits

$4,275*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingBlacktop, Detached
Garage2 spaces
Year Built1950
HeatingForced Air
WaterfrontNone
FireplaceNone
MLS #1920061
Lot Size0.50 Acres
StatusActive
(Active U/C Taking Backups)

About 405 Park Ave

This unique half acre property in Frankfort's city limits offers a rare opportunity for privacy, income, and walkability in a historic beach town. With two year-round homes and a separate 2 car garage, this is the perfect place to host your Up North family vacations, plan your retirement home while funding your dream with short-term or long-term rental income, or live full-time in a small town with big city amenities. One block east is iconic M22 and Market Square Park, to the west is Paul Oliver Memorial hospital and a short walk to Lake Michigan beach access. Directly across the street is a hidden forest stage and a public walking trail area which hosts Shakespeare in the Park. From this property, you can take a sidewalk stroll downtown for drinks (and curling lessons!) at Stormcloud Brewing Company, dinner at Birch and Maple, the Garden Theater for a movie, and the famous Frankfort Beach to watch the surfers and enjoy the sunset. The Betsie Valley Trailway is a great way to explore the region on bikes, and when the snow falls, skiing at Crystal Mountain is a short 20 minute drive away. With vintage molding, large windows, two covered porches, a large, park-like yard with flowering trees, perennials, gigantic ostrich ferns, animal visitors, and even a producing cherry tree- you may never want to leave.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow, Cottage, Raised Ranch, 1 Story
  • Year Built: 1950
  • Living Area: 1,140 SqFt

Listing Office:

  • Office Name: Coldwell Banker Schmidt Traver
  • Office Phone: (231) 631-5190
  • Listing Agent: Kurt Hubschneider

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Microwave, Washer, Dryer, Exhaust Fan
  • Interior: Bay Window(s), Pantry, Mud Room, Formal Dining Room, Exercise Room, Drywall
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Deck, Patio, Covered Porch, Landscaped, Porch, Gutters, Vinyl, Wood

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Blacktop, Detached

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.50 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

School Info

Assigned Schools Information:

  • Frankfort High School, Public District Grades 7-12
  • Frankfort Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: US31 to M115 in Benzonia. M115 west to Frankfort Blinker Light (M22). North on M22 to Park Ave. West on Park Ave to property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $360,000
  • Price Per SqFt: $316/SqFt
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Housing Market Comparison

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

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Frankfort, MI

City

Med. Sold Price

$520K

Med. Price/SqFt

$308

Avg. Days On Market

102

# of Sold Homes

5

405 Park Ave vs Frankfort

238 DAYS ON ROCKET

+136 Days

$360,000

-$160K Less

$316/SqFt

+$7 More

KEY TAKEAWAY

This property is $160K less than the Median Sold Price and $7/SqFt more than other homes in Frankfort, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: TAAR
  • MLS Number: #1920061

Listing Office:

  • Office Name: Coldwell Banker Schmidt Traver
  • Office Phone: (231) 631-5190
  • Listing Agent: Kurt Hubschneider

Copyright © 2024 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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: 11/5/2024, 3:20:49 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 - $96,600
2020 - $81,200
2019 - $70,900
2018 - $70,600
2017 - $72,400

History based on county public records data.

Payment Calculator

$1,864

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,146

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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.

Elementary School

school-card-donut-1996038
6
/10

  • Frankfort Elementary School

  • 613 Leelanau Ave

  • 0.25 miles

  • Public District Grades KG-6

High School

school-card-donut-1996039
7
/10

  • Frankfort High School

  • 534 11th St

  • 0.61 miles

  • Public District Grades 7-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,250. Most Frankfort, MI residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 405 Park Ave

What is the listing price of this property?

The listing price of 405 Park Ave property is $360,000.

What type of property is this?

The property 405 Park Ave is a house located in Frankfort, Michigan, 49635.

Is this property for sale now?

Active Listing: 405 Park Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 405 Park Ave are:
Frankfort Elementary School: GreatSchools Rating 6/10
Frankfort High School: GreatSchools Rating 7/10

How many bedrooms and bathrooms does this property have?

The property at 405 Park Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 405 Park Ave is 1,140 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 405 Park Ave is 1950.

Rocket Homes›Michigan›Benzie County›Frankfort›49635›405 Park Ave

This home is located at 405 Park Ave in Frankfort, MI and zip code 49635. This 1,140 square foot home, which was built in 1950, sits on a 0.50 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 11, 2024 and is currently priced at $360,000.

Over 0 listings were sold over their listed price in October 2024 in Frankfort, MI. In the same period over 4 listings were sold below the listed price and 0 listings were sold for the listed price. In October 2024 in Frankfort, MI there were 7.7% less homes for sale than in September 2024. The median list price of listings available in October 2024 was $520,000, while the average time on the real estate market was 102 days.

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

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