This property is $80K less than the Median Sold Price in Lake, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Greater Lansing Association of REALTORS®
MLS Number: #280367
Listing Office:
Office Name: Jason Mitchell Real Estate Group-Lansing
Office Email: thomas@jasonmitchellgroup.com
Listing Agent: Matthew Smith
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
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.
$366
Per Month
Principal & Interest
$299
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
$246
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
Farwell Elementary School
268 E Ohio St
Distance between this listing and this school8.33 miles
Public Magnet Grades KG-4
3
/10
Robert M. Larson Elementary School
455 W Spruce St
Distance between this listing and this school10.78 miles
Public District Grades KG-2
4
/10
Clare Primary School
205 E Wheaton Ave
Distance between this listing and this school12.70 miles
Public District Grades KG-4
Nearby Schools
4
/10
Farwell Middle School
500 E Ohio St
Distance between this listing and this school8.46 miles
Public Magnet Grades 5-8
4
/10
Harrison Middle School
710 S 5th St
Distance between this listing and this school10.99 miles
Public District Grades 6-8
5
/10
Clare Middle School
209 E State St
Distance between this listing and this school12.75 miles
Public District Grades 5-8
Nearby Schools
1
/10
Farwell Timberland Alternative High School
2655 W Ludington Dr
Distance between this listing and this school5.81 miles
Public District Grades 9-12
6
/10
Farwell High School
399 E Michigan St
Distance between this listing and this school8.42 miles
Public Magnet Grades 9-12
2
/10
Harrison Alternative Education
710 S 5th St
Distance between this listing and this school10.99 miles
The neighbors living near this home have an average income of $28,417. Typical income of Lake, MI residents is less than $35k annually. The majority of families are married, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 0 Ridgeway Trail
What is the listing price of this property?
The listing price of 0 Ridgeway Trail property is $59,900.
What type of property is this?
The property 0 Ridgeway Trail is land located in Lake, Michigan, 48632.
Is this property for sale now?
Active Listing: 0 Ridgeway Trail 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 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 0 Ridgeway Trail in Lake, MI and zip code 48632. This home sits on a 0.30 acre lot. It has been listed on Rocket Homes since May 04, 2024 and is currently priced at $59,900.
Over 1 listings were sold over their listed price in April 2024 in Lake, MI. In the same period over 4 listings were sold below the listed price and 0 listings were sold for the listed price. Between March 2024 and April 2024, Lake, MI real estate market has seen increase in the number of listings by 50%. In April 2024, listings were on the market for 87 days. During the same period, the median list price in this real estate market was $139,950.
From Rocket Homes Real Estate and based on county public records data.