Spacious building lot located right between Lake City and Cadillac, and short distance to Clam River access! Beautiful private setting, nice quiet neighborhood, on paved roads! Lots of trees, plus underground utilities including electric, natural gas, DSL, and phone. NICE! (Building & use restrictions) Current use is Residential.
Property Details
Property Features
Listing Office:
Office Name: Coldwell Banker Schmidt Cadillac
Office Phone: (231) 775-1737
Listing Agent: Peter J Nemish
Lot Features
Lot Information:
Lot: Level, Wooded
Lot Size: 1.03 Acres
Other
Directions Information:
Directions: From Cadillac go towards Lake City to Dickerson Rd, go north to Blue Rd, go west to River Woods Rd., go north to lot on right.
Price Information
Listing Price Info
Price Summary:
List Price: $16,900
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 Lake City, MI.
This property is $218K less than the Median Sold Price in Lake City, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: West Central Association of REALTORS®
MLS Number: #72023013708
Listing Office:
Office Name: Coldwell Banker Schmidt Cadillac
Office Phone: (231) 775-1737
Listing Agent: Peter J Nemish
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.
$152
Per Month
Principal & Interest
$85
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
$117
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
Lake City Elementary School
5534 W Davis Rd
Distance between this listing and this school5.19 miles
Public District Grades KG-5
7
/10
McBain Elementary School
107 E Maple St
Distance between this listing and this school5.60 miles
Public District Grades PK-5
7
/10
Franklin Elementary School
505 Lester St
Distance between this listing and this school6.45 miles
Public District Grades PK-5
Nearby Schools
6
/10
Lake City Middle School
251 Russell St
Distance between this listing and this school5.40 miles
Public District Grades 6-8
6
/10
McBain Middle School
107 E Maple St
Distance between this listing and this school5.64 miles
Public District Grades 6-8
7
/10
Mackinaw Trail Middle School
8401 S Mackinaw Trl
Distance between this listing and this school7.83 miles
Public District Grades 6-7
Nearby Schools
5
/10
Lake City High School
251 Russell St
Distance between this listing and this school5.40 miles
Public District Grades 9-12
8
/10
McBain High School
107 E Maple St
Distance between this listing and this school5.65 miles
Public District Grades 9-12
3
/10
Cadillac Innovation High School
221 Granite St
Distance between this listing and this school7.11 miles
The neighbors living near this home have an average income of $43,846. Residents of Lake City, MI typically earn between $35k-100k each year. The majority of families are single, no kids. 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 LOT25 River Woods Rd
What is the listing price of this property?
The listing price of LOT25 River Woods Rd property is $16,900.
What type of property is this?
The property LOT25 River Woods Rd is land located in Lake City, Michigan, 49651.
Is this property for sale now?
Active Listing: LOT25 River Woods Rd is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property LOT25 River Woods Rd is 1.03 acres.
Interested in LOT25 River Woods Rd? Let's connect.
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 LOT25 River Woods Rd in Lake City, MI and zip code 49651. This home sits on a 1.03 acre lot. It has been listed on Rocket Homes since April 28, 2023 and is currently priced at $16,900.
Over 4 listings were sold over their listed price in October 2024 in Lake City, MI. In the same period over 3 listings were sold below the listed price and 3 listings were sold for the listed price. The number of homes for sale in Lake City, MI decreased by 17.2% between September 2024 and October 2024. While the average time on the market in October 2024 was 74 days, the median list price was $234,900.
From Rocket Homes Real Estate and based on county public records data.