WELCOME HOME! You'll love this spacious new construction in Marshall Field Subdivision. Enjoy entertaining in the great room with dual door walls that lead to a covered patio and large backyard. Open concept kitchen / dining room. Kitchen has white shaker cabinets, quartz counter tops and island. All appliances included (appliances will be installed prior to closing). Dual doors open to a large master bedroom with master bath and w-i-c. Mud room and laundry on main level. Two car garage. Low maintenance exterior. Builder to Provide CofO / Builder Warranty / Limited availability in Marshall Field Subdivision.
This property is $165K more than the Median Sold Price and $56/SqFt more than other homes in Newport, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20230092880
Listing Office:
Office Name: Carol Bollo & Assoc-Grosse Ile
Office Phone: (734) 671-1150
Listing Agent: Victoria Kacorzyk
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,114
Per Month
Principal & Interest
$2,047
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
$1,296
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
North Elementary School
8281 N Dixie Hwy
Distance between this listing and this school3.33 miles
Public District Grades KG-4
2
/10
Arborwood Elementary School
1135 Riverview Ave
Distance between this listing and this school4.75 miles
Public District Grades PK-6
5
/10
Manor Elementary School
1731 W Lorain St
Distance between this listing and this school6.36 miles
Public District Grades PK-6
Nearby Schools
4
/10
Jefferson Middle School
5102 N Stoney Creek Rd
Distance between this listing and this school0.81 miles
Public District Grades 7-8
7
/10
Triumph Academy
3000 Vivian Rd
Distance between this listing and this school3.31 miles
Public Charter Grades KG-8
3
/10
Monroe Middle School
503 Washington St
Distance between this listing and this school6.10 miles
Public District Grades 7-8
Nearby Schools
5
/10
Jefferson High School
5707 Williams Rd
Distance between this listing and this school0.71 miles
Public District Grades 9-12
5
/10
Airport Senior High School
11330 Grafton Rd
Distance between this listing and this school7.16 miles
Public District Grades 9-12
3
/10
Monroe High School
901 Herr Rd
Distance between this listing and this school7.61 miles
The neighbors living near this home have an average income of $89,286. Typical income of Newport, MI residents is between $35k-100k annually. The majority of families are married, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5406 Lancer Ct
What is the listing price of this property?
The listing price of 5406 Lancer Ct property is $409,999.
What type of property is this?
The property 5406 Lancer Ct is a house located in Newport, Michigan, 48166.
Is this property for sale now?
Active Listing: 5406 Lancer Ct is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $1,489 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 5406 Lancer Ct has 3 bedrooms and 2 full and 1 half bathrooms.
What is the square footage of this property?
The property 5406 Lancer Ct is 1,927 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 5406 Lancer Ct is 2023.
This home is located at 5406 Lancer Ct in Newport, MI and zip code 48166. This 1,927 square foot home, which was built in 2023, sits on a 0.71 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 31, 2023 and is currently priced at $409,999.
In March 2024 more than 0 listings in Newport, MI were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 1 were sold below. The number of listings in Newport, MI increased by 34.4% between February 2024 and March 2024. The median list price of listings available in March 2024 was $244,950, while the average time on the real estate market was 78 days.
From Rocket Homes Real Estate and based on county public records data.