Beautiful Gladwin County Butman Township Half Acre Lot / 500 Annual HOA Grants Private Access to Lake Lancelot and Lake Lancer / Across The Street From Sugar Springs Golf Course / Discounted Golf Membership & Indoor Pool Club House Access / POA Neighborhood Allows 2 RV Campers Per Lot Or Build Your Home / New Well / Hook up For 3 Electric / 3 Sewer Hook Ups / Property Is Spectrum Cable Ready / Consumers Energy Electric / 110x230 Lot Approximate Over Half an Acre / 25 Min Houghton Lake / 25 Min West Branch / 60 Min Tawas / Enjoy Your Paradise Now!
Property Details
Property Features
Listing Office:
Office Name: Eric Stamm Team Real Estate
Office Phone: (810) 730-3434
Listing Agent: Eric Stamm
Exterior Features
Exterior Information:
Waterfront: Lake, Boat Facilities
Lot Features
Lot Information:
Lot: Corner Lot, Near Golf Course
Lot Size: 0.52 Acres
Other
Directions Information:
Directions: Round Lake Road North to East On Sugar River Road Corner Of Lexington Ave / Look For Row of Small American Flags Along Road.
Price Information
Listing Price Info
Price Summary:
List Price: $34,900
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 Gladwin, MI.
This property is $165.1K less than the Median Sold Price in Gladwin, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20240054712
Listing Office:
Office Name: Eric Stamm Team Real Estate
Office Phone: (810) 730-3434
Listing Agent: Eric Stamm
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.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$242
Per Month
Principal & Interest
$175
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
$171
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
4
/10
Gladwin Intermediate School
780 W 1st St
Distance between this listing and this school10.18 miles
Public District Grades 3-5
6
/10
Surline Elementary School
147 State St
Distance between this listing and this school14.65 miles
Public District Grades PK-4
5
/10
Beaverton Elementary School
440 S Ross St
Distance between this listing and this school17.71 miles
Public Magnet Grades KG-6
Nearby Schools
6
/10
Gladwin Junior High School
401 N Bowery Ave
Distance between this listing and this school10.46 miles
Public District Grades 6-8
4
/10
Surline Middle School
147 State St
Distance between this listing and this school14.61 miles
Public Magnet Grades 5-8
4
/10
Harrison Middle School
710 S 5th St
Distance between this listing and this school19.97 miles
Public District Grades 6-8
Nearby Schools
6
/10
Gladwin High School
1400 N Spring St
Distance between this listing and this school9.90 miles
Public District Grades 9-12
6
/10
Gladwin Community Alternative High School
3982 W M 61
Distance between this listing and this school11.12 miles
Public District Grades 9-12
1
/10
Alternative Educational Academy of Ogemaw County
2389 S M 76
Distance between this listing and this school14.55 miles
The neighbors living near this home have an average income of $55,494. Typical income of Gladwin, MI residents is between $35k-100k annually. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5492 Lexington Ave
What is the listing price of this property?
The listing price of 5492 Lexington Ave property is $34,900.
What type of property is this?
The property 5492 Lexington Ave is land located in Gladwin, Michigan, 48624.
Is this property for sale now?
Active Listing: 5492 Lexington Ave 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 5492 Lexington Ave in Gladwin, MI and zip code 48624. This home sits on a 0.52 acre lot. It has been listed on Rocket Homes since July 27, 2024 and is currently priced at $34,900.
In October 2024, from all listings sold in Gladwin, MI there were more than 4 sold above asking price, over 22 sold below and more than 4 were sold right at the asked price. The median list price of listings available in October 2024 was $200,000, while the average time on the real estate market was 63 days.
From Rocket Homes Real Estate and based on county public records data.