Outstanding potential for investors in Garfield’s Opportunity Zone. (Call for details). Seller will divide. Full access to all utilities and super convenient location for most uses. Property has over 1.5 miles of county rd frontage on the three class A roads. Garfield/Hammond/LaFranier. Partially open, partially wooded. Bifurcated and buffered by a park like natural wetland area creating separation and privacy for mixed use possibilities. Being creative is spoken here!
Property Details
Property Features
Listing Office:
Office Name: RE/MAX Bayshore
Listing Agent: Brick &, Corbett
Exterior Features
Exterior Information:
Waterfront: None
Exterior: None
Lot Features
Lot Information:
Lot: Level
Lot Size: 11.00 Acres
Other
Directions Information:
Directions: Corner of Garfield and Hammond
Price Information
Listing Price Info
Price Summary:
List Price: $695,000
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 East Bay Township, MI.
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.
$3,536
Per Month
Principal & Interest
$3,469
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
$2,150
Powered By
Advertisement
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
Courtade Elementary School
1111 Rasho Rd
Distance between this listing and this school0.91 miles
Public District Grades PK-5
4
/10
Cherry Knoll Elementary School
1800 3 Mile Rd N
Distance between this listing and this school1.69 miles
Public District Grades PK-5
3
/10
Traverse Heights Elementary School
933 Rose St
Distance between this listing and this school4.73 miles
Public District Grades PK-5
Nearby Schools
6
/10
Traverse City East Middle School
1776 3 Mile Rd N
Distance between this listing and this school1.59 miles
Public District Grades 6-8
8
/10
Woodland School
7224 Supply Rd
Distance between this listing and this school4.51 miles
Public Charter Grades KG-8
9
/10
Tcaps Montessori School
1009 S Oak St
Distance between this listing and this school6.22 miles
Public District Grades PK-7
Nearby Schools
8
/10
Grand Traverse Academy
1245 Hammond Rd E
Distance between this listing and this school1.64 miles
Public Charter Grades PK-12
2
/10
Traverse City High School
3962 3 Mile Rd N
Distance between this listing and this school2.89 miles
Public District Grades 9-12
8
/10
Central High School
1150 Milliken Dr
Distance between this listing and this school5.17 miles
The neighbors living near this home have an average income of $67,430. Residents of East Bay Township, MI typically earn between $35k-100k each year. The majority of families are married, no kids. 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 LotC Hammond
What is the listing price of this property?
The listing price of LotC Hammond property is $695,000.
What type of property is this?
The property LotC Hammond is land located in Traverse City, Michigan, 49686.
Is this property for sale now?
Active Listing: LotC Hammond 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 LotC Hammond in Traverse City, MI and zip code 49686. This home sits on a 11.00 acre lot. It has been listed on Rocket Homes since June 03, 2020 and is currently priced at $695,000.
In October 2024 more than 5 listings in East Bay Township, MI were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 8 were sold below. Between September 2024 and October 2024, East Bay Township, MI real estate market has seen increase in the number of listings by 3%. In October 2024 median list price was $429,000 and the average listing age was 55 days.
From Rocket Homes Real Estate and based on county public records data.
NASCAR
NASCAR
Soccer
College Football
Dick's Sporting Goods
Old Navy
Best Buy
Arbys
Jimmy Johns
Texas Roadhouse
GMC
Ram
Lincoln
Adult Hits
New Country
Contemporary Christian