5 months on rocket

40 Locust Ln Unit 2, Cadillac, MI, 49601

$179,900

Home List Price

$2,136*

Closing Credit

2 Bedrooms
1 Full Bath
492 SqFt
$366/SqFt
Condo
Schools Nearby

Location

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40 Locust Ln Unit 2, Cadillac$179,900

Buyer Closing Credits

$2,136*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingGravel, None
Year Built1945
HeatingNatural Gas, Wall Furnace
CoolingNatural Gas, Wall Unit(s)
WaterfrontLake, All Sports, Waterfront, Other, Public Lake
FireplaceNone
MLS #1917996
StatusActive

About 40 Locust Ln Unit 2

Beautiful all sports Lake Mitchell frontage ('over' 300 Ft of shared lakefront!), and connects to Lake Cadillac via the canal. This fully furnished, 'move-in-ready', cozy 2 bedroom cottage is an amazing deal! 'No-steps' entry, all the major kitchen appliances included! (stove, frig, dishwasher, disposal, microwave, and the 'on-demand' hot water heater). Plus granite counter tops! AND, there's nothing like the breathtaking sunset view over Lake Mitchell! It is within about 15 miles to the Caberfae Ski Lodge...and...right across the road from a groomed snowmobile trail! Only minutes from downtown, where you'll find plenty of shopping, the movie theater, some fun & unique eateries, and... gorgeous Lake Cadillac!! Don't miss out! (Identical cottage next door is also available for sale). The $200 monthly association fee covers your sewer, trash removal, snow removal, lawn care, and the heat!! (In addition, there is a storage shed that is shared with the other cottage owners).

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage, 1 Story
  • Year Built: 1945
  • Living Area: 492 SqFt

Listing Office:

  • Office Name: Coldwell Banker Schmidt-Cadillac
  • Listing Agent: Peter Nemish

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Ceiling Fan(s), Instant Hot Water
  • Interior: Granite Kitchen Tops, Solid Surface Counters, Drywall
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Lake, All Sports, Waterfront, Other, Public Lake
  • Exterior: Patio, Landscaped, Vinyl

Parking Information:

  • Attached Garage: No
  • Parking: Gravel, None

Virtual/3D Tour

  • Virtual Tour: 40 Locust Ln Unit 2

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Lot Features

Lot Information:

  • Lot: Wooded, Cleared, Level

Utilities

Utilities Information:

  • Heating: Natural Gas, Wall Furnace
  • Cooling: Natural Gas, Wall Unit(s)

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

Other

Directions Information:

  • Directions: FROM M-115 IN CADILLAC WEST AREA, GO WEST ON M-55. WATCH FOR SIGN NOT TOO FAR PAST THE PINES BOWLING ALLEY.

Price Information

Listing Price Info

Price Summary:

  • List Price: $179,900
  • Price Per SqFt: $366/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

$210K

Med. Price/SqFt

$134

Avg. Days On Market

65

# of Sold Homes

21

40 Locust Ln Unit 2 vs Cadillac

150 DAYS ON ROCKET

+85 Days

$179,900

-$30.1K Less

$366/SqFt

+$231 More

KEY TAKEAWAY

This property is $30.1K less than the Median Sold Price and $231/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: #1917996

Listing Office:

  • Office Name: Coldwell Banker Schmidt-Cadillac
  • Listing Agent: Peter Nemish

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: 5/3/2024, 8:20:36 PM 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

$965

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$606

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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.

Middle School

school-card-donut-5591157
7
/10

  • Cadillac Junior High School

  • 500 Chestnut St

  • 2.65 miles

  • Public District Grades 7-8

school-card-donut-5591158
7
/10

  • Mackinaw Trail Middle School

  • 8401 Mackinaw Trl

  • 2.97 miles

  • Public District Grades 5-6

High School

school-card-donut-5591159
7
/10

  • Cadillac Senior High School

  • 400 Linden St

  • 2.53 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. The majority of Cadillac, MI residents have income between $35k-100k annually. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 40 Locust Ln Unit 2

What is the listing price of this property?

The listing price of 40 Locust Ln Unit 2 property is $179,900.

What type of property is this?

The property 40 Locust Ln Unit 2 is a condo located in Cadillac, Michigan, 49601.

Is this property for sale now?

Active Listing: 40 Locust Ln Unit 2 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 40 Locust Ln Unit 2 are:
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 40 Locust Ln Unit 2 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 40 Locust Ln Unit 2 is 492 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40 Locust Ln Unit 2 is 1945.

Rocket Homes›Michigan›Wexford County›Cadillac›49601›40 Locust Ln Unit 2

This home is located at 40 Locust Ln Unit 2 in Cadillac, MI and zip code 49601. This 492 square foot home was built in 1945. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 05, 2023 and is currently priced at $179,900.

While more than 8 listings in Cadillac, MI in April 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 11 were sold below. The inventory of homes for sale in Cadillac, MI between March 2024 and April 2024 increased by 4.3%. In April 2024 median list price was $210,000 and the average listing age was 65 days.

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

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