A rare find with this half acre lot where you will find yourself tucked in a quiet part of town yet walking distance to Lake Michigan, Betsie Bay and the flourishing downtown City of Frankfort. This gently sloping property is bordered on three sides with hardwoods and evergreens providing privacy, seasonal beauty for you to enjoy and is the perfect spot for your future homesite. Ready to be built on the lot offers nearby utilities available including electric, natural gas, city water/sewer and cable tv and wifi at your convenience. Just blocks away from schools, restaurants, shops, hospital, library, the Betsie Bay bike trail, public beaches of Lake Michigan, Crystal Lake and the scenic M-22 drive leading you to Sleeping Bear National Park. Don't miss this opportunity for your future dream home to be in the heart of everything that makes Northern Michigan such a special place to call home.
Property Details
Property Features
Listing Office:
Office Name: Century 21 Northland-Frankfort
Listing Agent: Kari King
Exterior Features
Exterior Information:
Waterfront: None
Exterior: None
Lot Features
Lot Information:
Lot: Level, Sloped, Cleared
Lot Size: 0.53 Acres
School Info
Assigned Schools Information:
Frankfort High School, Public District Grades 7-12
Frankfort Elementary School, Public District Grades KG-6
Other
Directions Information:
Directions: From M-115 heading towards Frankfort turn right onto 11th and follow to the stop sign at the intersection of Elm, proceed west lot is on the right. Follow to real estate sign.
Price Information
Listing Price Info
Price Summary:
List Price: $184,500
What can I afford?
Understand what home price range makes sense for your budget.
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.
$988
Per Month
Principal & Interest
$921
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
$620
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.
Elementary School
9
/10
Frankfort Elementary School
613 Leelanau Ave
Distance between this listing and this school0.67 miles
Public District Grades KG-6
High School
7
/10
Frankfort High School
534 11th St
Distance between this listing and this school0.19 miles
Public District Grades 7-12
Assigned Schools
9
/10
Frankfort Elementary School
613 Leelanau Ave
Distance between this listing and this school0.67 miles
Public District Grades KG-6
Nearby Schools
3
/10
Crystal Lake Elementary School
7048 Severence St
Distance between this listing and this school6.23 miles
Public Magnet Grades KG-5
7
/10
Bear Lake Elementary School
7748 Cody St
Distance between this listing and this school15.60 miles
Public District Grades PK-6
Nearby Schools
5
/10
Benzie Central Middle School
9300 Homestead Rd
Distance between this listing and this school8.24 miles
Public Magnet Grades 7-8
5
/10
Brethren Middle School
4400 Highbridge Rd
Distance between this listing and this school25.20 miles
Public District Grades 6-8
4
/10
John F. Kennedy Elementary School
550 Maple St
Distance between this listing and this school27.96 miles
Public District Grades 4-6
Assigned Schools
7
/10
Frankfort High School
534 11th St
Distance between this listing and this school0.19 miles
Public District Grades 7-12
Nearby Schools
1
/10
Benzie Academy
7282 Hoadley Rd
Distance between this listing and this school7.26 miles
Public District Grades 9-12
5
/10
Benzie Central Sr. High School
9300 Homestead Rd
Distance between this listing and this school8.24 miles
The neighbors living near this home have an average income of $43,789. The majority of Benzie County, MI residents have income between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 0 Elm St
What is the listing price of this property?
The listing price of 0 Elm St property is $184,500.
What type of property is this?
The property 0 Elm St is land located in Frankfort, Michigan, 49635.
Is this property for sale now?
Active Listing: 0 Elm St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 0 Elm St are: Frankfort Elementary School: GreatSchools Rating 9/10Frankfort High School: GreatSchools Rating 7/10
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 Elm St in Frankfort, MI and zip code 49635. This home sits on a 0.53 acre lot. It has been listed on Rocket Homes since March 20, 2024 and is currently priced at $184,500.
In March 2024 more than 4 listings in Benzie County, MI were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 7 were sold below. The inventory of homes for sale in Benzie County, MI between February 2024 and March 2024 increased by 56.4%. In March 2024, listings were on the market for 108 days. During the same period, the median list price in this real estate market was $332,500.
From Rocket Homes Real Estate and based on county public records data.