6 months on rocket

Sale Pending

240 N Franke Ln, Cadillac, MI, 49601

$389,900

Home List Price

$4,630*

Closing Credit

3 Bedrooms
1 Full Bath
1,248 SqFt
$312/SqFt
House
Schools Nearby

Location

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240 N Franke Ln, Cadillac$389,900

Buyer Closing Credits

$4,630*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingPrivate, Attached, Door Opener, Heated
Attached Garage2 spaces
Year Built1977
HeatingNatural Gas, Hot Water, Baseboard
CoolingNatural Gas
WaterfrontPrivate Frontage, All Sports, Waterfront
FireplaceNone
MLS #1916450
Lot Size0.15 Acres
StatusSale Pending
(Pending)

About 240 N Franke Ln

120' FRONTAGE ON ALL SPORTS LAKE! Beautiful setting on Lake Mitchell an all sports lake with great fishing, boating and easy access to Lake Cadillac, 15 minutes to Caberfae, close to the trail system and state land, restaurants, downtown and trails! This adorable 3 bed 2 bath home has been completely updated and move in ready. As you enter the home you will be greeted by a NEWLY UPDATED KITCHEN/DINING/LIVING AREA. With so many cupboards, lots of counter space and a peninsula, this well-appointed kitchen is perfect for the family or entertaining guests. Enjoy the additional bonus space with panoramic lake views in either the sunroom or the lake facing deck. This home offers main floor living with a nice sized master suite and master bath, all bedrooms have been updated with new carpet and fresh paint. This home boosts a large yard, with panoramic lake views, in a private serene setting, perfect for guests, kids and pets! Enjoy the bonus space in the attached heated & insulated garage! This property offers the perfect balance of Lake Living and convenience, minimal upkeep with this quaint with so much to offer, 240 Franke Lane is truly a must-see property!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch, 1 Story
  • Year Built: 1977
  • Living Area: 1,248 SqFt

Listing Office:

  • Office Name: City2Shore Real Estate Northern Michigan
  • Listing Agent: Jenni Johnson

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave
  • Interior: Breakfast Nook, Other
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Private Frontage, All Sports, Waterfront
  • Exterior: Deck, Multi-Level Decking, Covered Porch, Aluminum

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Private, Attached, Door Opener, Heated

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water, Baseboard
  • Cooling: Natural Gas

School Info

Assigned Schools Information:

  • Cadillac Senior High School, Public District Grades 9-12
  • Cadillac Junior High School, Public District Grades 7-8
  • Mackinaw Trail Middle School, Public District Grades 5-6
  • Forest View Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: M-115 to, M55 west, N. Lake Mitchell Dr., Left on Franke Rd. Right on Franke Lane

Price Information

Listing Price Info

Price Summary:

  • List Price: $389,900
  • Price Per SqFt: $312/SqFt
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Housing Market Comparison

See how this home compares to others in Cadillac, MI.

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Cadillac, MI

City

Med. Sold Price

$208K

Med. Price/SqFt

$135

Avg. Days On Market

140

# of Sold Homes

14

240 N Franke Ln vs Cadillac

206 DAYS ON ROCKET

+66 Days

$389,900

+$181.9K More

$312/SqFt

+$177 More

KEY TAKEAWAY

This property is $181.9K more than the Median Sold Price and $177/SqFt more than other homes in Cadillac, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: TAAR
  • MLS Number: #1916450

Listing Office:

  • Office Name: City2Shore Real Estate Northern Michigan
  • Listing Agent: Jenni Johnson

Copyright © 2024 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. 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. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 2:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,013

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,235

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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

school-card-donut-2814405
2
/10

  • Forest View Elementary School

  • 7840 South 25 Mile Rd

  • 4.67 miles

  • Public District Grades PK-4

Middle School

school-card-donut-2814406
7
/10

  • Cadillac Junior High School

  • 500 Chestnut St

  • 3.75 miles

  • Public District Grades 7-8

school-card-donut-2814407
7
/10

  • Mackinaw Trail Middle School

  • 8401 Mackinaw Trl

  • 4.14 miles

  • Public District Grades 5-6

High School

school-card-donut-2814408
7
/10

  • Cadillac Senior High School

  • 400 Linden St

  • 3.61 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,426. Typical income of Cadillac, MI residents is between $35k-100k annually. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 240 N Franke Ln

What is the listing price of this property?

The listing price of 240 N Franke Ln property is $389,900.

What type of property is this?

The property 240 N Franke Ln is a house located in Cadillac, Michigan, 49601.

Is this property for sale now?

Sale Pending: 240 N Franke Ln is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 240 N Franke Ln are:
Forest View Elementary School: GreatSchools Rating 2/10
Cadillac Junior High School: GreatSchools Rating 7/10
Mackinaw Trail Middle School: GreatSchools Rating 7/10
Cadillac Senior High School: GreatSchools Rating 7/10

How many bedrooms and bathrooms does this property have?

The property at 240 N Franke Ln has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 240 N Franke Ln is 1,248 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 240 N Franke Ln is 1977.

Rocket Homes›Michigan›Wexford County›Cadillac›49601›240 N Franke Ln

This home is located at 240 N Franke Ln in Cadillac, MI and zip code 49601. This 1,248 square foot home, which was built in 1977, sits on a 0.15 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 05, 2023 and is currently priced at $389,900.

While more than 4 listings in Cadillac, MI in March 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 9 were sold below. The number of homes for sale in Cadillac, MI decreased by 1.4% between February 2024 and March 2024. In March 2024, listings were on the market for 140 days. During the same period, the median list price in this real estate market was $208,000.

From Rocket Homes Real Estate and based on county public records data.

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