BLACK RIVER 3.5 ACRE WATERFRONT LOT FOR SALE WITH 225' FRONTAGE ON THE INLAND WATERWAY. LOT 10. This is a new development with other lots available. As you enter the development you can see the care that went in to keep the park like appearance. The road maintenance agreement is in place, and we are maintaining county zoning. There is no HOA. Seller will consider a Land Contract. 20% down, 6% interest, Two options, 10 years straight, or 15 year amortization, 5 year balloon. There is a steep slope to the water. Shoreline photos are close, but are not guaranteed. Call today for more information.
Property Details
Property Features
Property Information:
Architectural Style: BOCA Allowed
Listing Office:
Office Name: Exit Realty Premier
Office Phone: (231) 597-8000
Listing Agent: Roger J Kopernik
Lot Features
Lot Information:
Lot Size: 3.50 Acres
Other
Directions Information:
Directions: From Cheboygan East State Street to Butler Rd. to N Black River Road. (approx 2-3 miles on N Black River Rd. Sign and ingress/egress rd. to the parcels will be on the Right. Follow to the end and turn right. Parcel 10 is the fifth lot down on the left.
Price Information
Listing Price Info
Price Summary:
List Price: $169,000
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 Cheboygan, 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.
$911
Per Month
Principal & Interest
$844
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
$573
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
3
/10
Onaway Elementary School
4549 M 33
Distance between this listing and this school9.34 miles
Public Magnet Grades KG-5
6
/10
Cheboygan Intermediate School
905 W Lincoln Ave
Distance between this listing and this school14.24 miles
Public District Grades 3-5
3
/10
Inland Lakes Elementary School
4363 S Straits Hwy
Distance between this listing and this school15.98 miles
Public District Grades KG-5
Nearby Schools
5
/10
Onaway Middle School
4549 M 33
Distance between this listing and this school9.39 miles
Public Magnet Grades 6-8
8
/10
Cheboygan Middle School
905 W Lincoln Ave
Distance between this listing and this school14.24 miles
Public District Grades 6-7
Nearby Schools
1
/10
Presque Isle Academy
20830 Cedar St
Distance between this listing and this school8.56 miles
Public Charter Grades 9-12
7
/10
Onaway Senior High School
4549 M 33
Distance between this listing and this school9.41 miles
Public District Grades 9-12
4
/10
Inverness Academy
7461 N Straits Hwy
Distance between this listing and this school12.36 miles
The neighbors living near this home have an average income of $45,731. Residents of Cheboygan, MI typically earn between $35k-100k each year. The most common type of family is married, 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 OFF N Black River Rd # 10
What is the listing price of this property?
The listing price of OFF N Black River Rd # 10 property is $169,000.
What type of property is this?
The property OFF N Black River Rd # 10 is land located in Cheboygan, Michigan, 49721.
Is this property for sale now?
Active Listing: OFF N Black River Rd # 10 is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property OFF N Black River Rd # 10 is 3.50 acres.
Interested in OFF N Black River Rd # 10? 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 OFF N Black River Rd # 10 in Cheboygan, MI and zip code 49721. This home sits on a 3.50 acre lot. It has been listed on Rocket Homes since May 08, 2023 and is currently priced at $169,000.
In October 2024, from all listings sold in Cheboygan, MI there were more than 4 sold above asking price, over 11 sold below and more than 1 were sold right at the asked price. In October 2024 in Cheboygan, MI there were 1.1% less homes for sale than in September 2024. While the average time on the market in October 2024 was 26 days, the median list price was $220,000.
From Rocket Homes Real Estate and based on county public records data.