4 years on rocket

V/L S Dearing Rd, Spring Arbor, MI, 49283

$500,000

40.00 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
MLS #55021043160
Lot Size40.00 Acres
StatusActive

About V/L S Dearing Rd

INCREDIBLE 40 ACRE DEVELOPMENT OPPORTUNITY IN POPULAR WESTERN SCHOOL DISTRICT. Cleared & level landscape with an outstanding potential for Mixed Use/Multi-family Residential development. Located in the heart of Spring Arbor, home of renowned Spring Arbor University & between M-60 & King Roads. This ideal location is approximately 2 miles from Western High School & 1 mile from Bean & Warner Elementary Schools. Dearing Road is in a highly desired area of residential subdivisions, apartments, office and retail properties plus only minutes to I-94 for commuters. Over 1326 Feet of Paved Frontage. Natural gas, community water and sewer lines are available for connection at the road. Seller has preliminary plans for up to 99 residential dwellings. Let new homeowners explore the Failing Waters paved recreational trails for biking, walking & running with easy access. Additional 2.63 acres adjacent land potentially available with building that could serve as sales office & frontage on M-60. Current use is Agricultural.

Property Details

Property Features

Listing Office:

  • Office Name: RE/MAX MID-MICHIGAN R.E.
  • Office Phone: (517) 788-2633
  • Listing Agent: Stephanie Bosanac-Mortimer

Lot Features

Lot Information:

  • Lot Size: 40.00 Acres

Other

Directions Information:

  • Directions: N of M60 & South of King Road

Price Information

Listing Price Info

Price Summary:

  • List Price: $500,000
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Housing Market Comparison

See how this home compares to others in Spring Arbor, MI.

Med. Sold Price

$269.7K

Med. Price/SqFt

$194

Avg. Days On Market

37

# of Sold Homes

5

V/L S Dearing Rd vs Spring Arbor

1796 DAYS ON ROCKET

+1759 Days

$500,000

+$230.2K More

KEY TAKEAWAY

This property is $230.2K more than the Median Sold Price in Spring Arbor, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Jackson Area Association of REALTORS®
  • MLS Number: #55021043160

Listing Office:

  • Office Name: RE/MAX MID-MICHIGAN R.E.
  • Office Phone: (517) 788-2633
  • Listing Agent: Stephanie Bosanac-Mortimer

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: 11/23/2024, 3:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,563

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

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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-908468
5
/10
  • Warner Elementary School

  • 118 Star Rd

  • 0.56 miles

  • Public District Grades KG-5

school-card-donut-908469
7
/10
  • Bean Elementary School

  • 3201 Noble Rd

  • 0.79 miles

  • Public District Grades KG-5

school-card-donut-908470
4
/10
  • Dibble Elementary School

  • 3450 Kibby Rd

  • 4.20 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,389. Most Spring Arbor, MI residents have annual incomes less than $35k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About V/L S Dearing Rd

What is the listing price of this property?

The listing price of V/L S Dearing Rd property is $500,000.

What type of property is this?

The property V/L S Dearing Rd is land located in Spring Arbor, Michigan, 49283.

Is this property for sale now?

Active Listing: V/L S Dearing Rd is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property V/L S Dearing Rd is 40.00 acres.
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Rocket HomesMichiganJackson CountySpring Arbor49283V/L S Dearing Rd

This home is located at V/L S Dearing Rd in Spring Arbor, MI and zip code 49283. This home sits on a 40.00 acre lot. It has been listed on Rocket Homes since December 24, 2019 and is currently priced at $500,000.

While more than 2 listings in Spring Arbor, MI in October 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 2 were sold below. Between September 2024 and October 2024, Spring Arbor, MI real estate market has seen decrease in the number of listings by 22.2%. Listings spent 37 days on the market in October 2024, and had a median list price of $269,750 during the same period.

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

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