2 years on rocket

8625 Palaestrum Rd, Williamsburg, MI, 49690

$89,500

2.07 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

WaterfrontNone
MLS #1894222
Lot Size2.07 Acres
StatusActive

About 8625 Palaestrum Rd

GREAT BUILDING LOCATION just a half mile away from the south end of Elk Lake with views of Elk Lake! This 2 acre lot is situated between Traverse City and Elk Rapids makes it an ideal location to build your Northern Michigan dream home. Elk Rapids Schools make this an ideal location for your family or vacation home. Elevated 154' above Elk lake.

Property Details

Property Features

Listing Office:

  • Office Name: REMAX Of Elk Rapids
  • Listing Agent: Donald Fedrigon

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: None

Lot Features

Lot Information:

  • Lot Size: 2.07 Acres

School Info

Assigned Schools Information:

  • Elk Rapids High School, Public District Grades 9-12
  • Cherryland Middle School, Public District Grades 6-8
  • Mill Creek Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Take Elk Lake Road to Palaestrum Road

Price Information

Listing Price Info

Price Summary:

  • List Price: $89,500

Tax Information:

  • Annual Amount: $3,655
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$371.5K

Med. Price/SqFt

$244

Avg. Days On Market

55

# of Sold Homes

4

8625 Palaestrum Rd vs Williamsburg

913 DAYS ON ROCKET

+858 Days

$89,500

-$282K Less

KEY TAKEAWAY

This property is $282K less than the Median Sold Price in Williamsburg, MI.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Name: TAAR
  • MLS Number: #1894222

Listing Office:

  • Office Name: REMAX Of Elk Rapids
  • Listing Agent: Donald Fedrigon

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: 4/20/2024, 7:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,655$229,200
2020$3,877$230,200
2019 - $218,100
2018 - $195,900
2017 - $192,000

History based on county public records data.

Payment Calculator

$514

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$335

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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.

Elementary School

school-card-donut-913912
8
/10
  • Mill Creek Elementary School

  • 9039 Old M 72

  • 2.33 miles

  • Public District Grades PK-5

Middle School

school-card-donut-913913
7
/10
  • Cherryland Middle School

  • 707 E 3rd St

  • 6.11 miles

  • Public District Grades 6-8

High School

school-card-donut-913914
8
/10
  • Elk Rapids High School

  • 308 Meguzee Pt

  • 5.92 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $76,966. Residents of Williamsburg, MI typically earn between $35k-100k each year. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8625 Palaestrum Rd

What is the listing price of this property?

The listing price of 8625 Palaestrum Rd property is $89,500.

What type of property is this?

The property 8625 Palaestrum Rd is land located in Williamsburg, Michigan, 49690.

Is this property for sale now?

Active Listing: 8625 Palaestrum Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 8625 Palaestrum Rd are:
Mill Creek Elementary School: GreatSchools Rating 8/10
Cherryland Middle School: GreatSchools Rating 7/10
Elk Rapids High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,655 (source: MLS/based on county public records data).

How much acreage is this property?

The property 8625 Palaestrum Rd is 2.07 acres.
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Rocket HomesMichiganGrand Traverse CountyWilliamsburg496908625 Palaestrum Rd

This home is located at 8625 Palaestrum Rd in Williamsburg, MI and zip code 49690. This home sits on a 2.07 acre lot. It has been listed on Rocket Homes since October 19, 2021 and is currently priced at $89,500.

While more than 1 listings in Williamsburg, MI in March 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 2 were sold below. Between February 2024 and March 2024, Williamsburg, MI real estate market has seen increase in the number of listings by 16.7%. In March 2024, listings were on the market for 55 days. During the same period, the median list price in this real estate market was $371,500.

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

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