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537 Cherry Grove Ln, Frankfort, MI, 49635

$285,000

Home List Price

$3,384*

Closing Credit

2 Bedrooms
1 Full Bath
1,056 SqFt
$270/SqFt
House

Location

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537 Cherry Grove Ln, Frankfort$285,000

Buyer Closing Credits

$3,384*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingBlacktop, Dirt, Private, Detached, Concrete Floors
Garage2 spaces
Year Built1971
HeatingForced Air
WaterfrontNone
FireplaceNone
MLS #1927458
Lot Size0.28 Acres
StatusActive
(Active U/C Taking Backups)

About 537 Cherry Grove Ln

Welcome to this charming ranch-style home in the heart of beautiful downtown Frankfort and a short distance to Betsie Bay and the stunning Lake Michigan Shoreline. Situated in a quiet neighborhood just down the road from Crystal Lake public access this home is also just one block from the city park that includes tennis/pickleball courts, basketball courts, skate park and playground for little ones. This 2 bedroom, 2 bath home could be easily converted back into a 3 bedroom home has endless potential with some updating from it’s new owner. The property features a spacious fenced-in backyard perfect for outdoor activities, gardening, or simply enjoying some privacy. The detached garage has been converted into a recreational hang out space complete with electricity could be changed back into a traditional garage. Inside, you'll find a bright and inviting living space with large windows bringing in natural light and freshly painted with tasteful neutral tones. The kitchen and dining area flows nicely onto the expansive back deck allowing for plenty of entertaining space. The primary bedroom is generously sized with a built-in bookcase/entertainment center and private bath. While the home has great bones there’s room for the new homeowner to add their personal touch and complete the home to their liking. Take advantage of this prime location with the schools and park just blocks away or by walking or biking downtown to quaint shops, restaurants, the Garden Theater, library, and the Betsie Bay bike trail. Enjoy easy access to the public beaches of Lake Michigan, Crystal Lake and the picturesque M-22, which serves as the gateway to all Northern Michigan attractions. This is a fantastic opportunity to turn your Up North living dreams into reality!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1971
  • Living Area: 1,056 SqFt

Listing Office:

  • Office Name: Century 21 Northland-Frankfort
  • Office Phone: (231) 352-7123
  • Listing Agent: Kari King

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Washer, Dryer
  • Interior: Built-In Bookcase, Fixer-Upper, Mud Room
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Deck, Sidewalk, Fenced Yard, Porch, Wood, Other

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Blacktop, Dirt, Private, Detached, Concrete Floors

Lot Features

Lot Information:

  • Lot: Wooded, Level
  • Lot Size: 0.28 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: W. on Forest Ave, right onto Bellows St, right onto Corning Ave, left onto Bellows Ave, right onto Cherry Grove LN, home will be the second one on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $285,000
  • Price Per SqFt: $270/SqFt
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Housing Market Comparison

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

Med. Sold Price

$520K

Med. Price/SqFt

$308

Avg. Days On Market

102

# of Sold Homes

5

537 Cherry Grove Ln vs Frankfort

42 DAYS ON ROCKET

-60 Days

$285,000

-$235K Less

$270/SqFt

-$39 Less

KEY TAKEAWAY

This property is $235K less than the Median Sold Price and $39/SqFt less than other homes in Frankfort, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: TAAR
  • MLS Number: #1927458

Listing Office:

  • Office Name: Century 21 Northland-Frankfort
  • Office Phone: (231) 352-7123
  • Listing Agent: Kari King

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

Listing History

Jan 18, 2011Home Sold
$123,500
Jul 07, 2009Home Sold
$47,000

Tax History

YEARPROP. TAXASSESSMENT
2021 - $106,800
2020 - $89,700
2019 - $58,700
2018 - $58,700
2017 - $61,200

History based on county public records data.

Payment Calculator

$1,490

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$921

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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-1920979
6
/10
  • Frankfort Elementary School

  • 613 Leelanau Ave

  • 0.31 miles

  • Public District Grades KG-6

High School

school-card-donut-1920980
7
/10
  • Frankfort High School

  • 534 11th St

  • 0.36 miles

  • Public District Grades 7-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,789. Typical income of Frankfort, MI residents is between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 537 Cherry Grove Ln

What is the listing price of this property?

The listing price of 537 Cherry Grove Ln property is $285,000.

What type of property is this?

The property 537 Cherry Grove Ln is a house located in Frankfort, Michigan, 49635.

Is this property for sale now?

Active Listing: 537 Cherry Grove Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 537 Cherry Grove Ln are:
Frankfort Elementary School: GreatSchools Rating 6/10
Frankfort High School: GreatSchools Rating 7/10

When was this property sold last time and for how much?

The last sale was on January 18, 2011 for $123,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 537 Cherry Grove Ln has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 537 Cherry Grove Ln is 1,056 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 537 Cherry Grove Ln is 1971.

Rocket HomesMichiganBenzie CountyFrankfort49635537 Cherry Grove Ln

This home is located at 537 Cherry Grove Ln in Frankfort, MI and zip code 49635. This 1,056 square foot home, which was built in 1971, sits on a 0.28 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 23, 2024 and is currently priced at $285,000.

In October 2024 more than 0 listings in Frankfort, MI were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 4 were sold below. The number of listings in Frankfort, MI decreased by 7.7% between September 2024 and October 2024. While the average time on the market in October 2024 was 102 days, the median list price was $520,000.

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

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