15 days on rocket

8935 County 513 T Rd, Rapid River, MI, 49878

$575,000

Home List Price

$6,828*

Closing Credit

7 Bedrooms
7 Full Baths
Multi
Schools Nearby

Location

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8935 County 513 T Rd, Rapid River$575,000

Buyer Closing Credits

$6,828*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Garage3 spaces
Year Built1930
HeatingOther
WaterfrontLake Front, Waterfront
ViewLake, Water
MLS #50141219
Lot Size26.77 Acres
StatusActive

About 8935 County 513 T Rd

Fantastic Income Opportunity! Seven Cabins w/ additional 2 bedroom single family home that is currently used as living quarters for the owners of the Vagabond Resort & Campground. Cabins are available daily or weekly. Five cabins are 2 bedrooms and Two cabins are 1 bedroom. Property also features 59 campsites, playground, fish cleaning station, water access, laundry/shower/bathroom facilities, water, electric, and dump station. 11 campsites are available with water, electric and sewer. 17 campsites are available with water and electric. 13 campsites are available with electric only. 18 campsites are rustic. Daily rates and weekly rates are available. There are 5 septic systems on the property and 3 drilled wells. If you want to work where you live and enjoy outdoor recreational activities this is worth a look! Also listed under MLS #50141217 & 50141218

Property Details

Property Features

Property Information:

  • Year Built: 1930
  • Stories: 1

Listing Office:

  • Office Name: COLDWELL BANKER SCHMIDT ESCANABA
  • Office Phone: (906) 786-5972
  • Listing Agent: WENDY HOLZENKAMP

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 7
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Waterfront: Lake Front, Waterfront
  • View: Lake, Water

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 26.77 Acres

Utilities

Utilities Information:

  • Heating: Other

School Info

Assigned Schools Information:

  • Tri-Township School, Public District Grades KG-12

School District Information:

  • School District: Rapid River Public Schools

Other

Directions Information:

  • Directions: Head East towards Rapid River traveling about 17 miles to a right on County Road 513; travel about 3 miles to campground on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $575,000

Agent Commission:

  • Buyer's Agent Commission: 2.5%
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Housing Market Comparison

See how this home compares to others in Rapid River, MI.

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Rapid River, MI

City

Med. List Price

$232.6K

Med. Price/SqFt

$113

Avg. Days On Market

18

8935 County 513 T Rd vs Rapid River

15 DAYS ON ROCKET

-3 Days

$575,000

+$342.3K More

KEY TAKEAWAY

This property is $342.3K more than the Median List Price in Rapid River, MI.

Based on homes listed in April 2024

MLS Details

MLS Information:

  • MLS Name: Upper Peninsula Assoc of Realtors
  • MLS Number: #50141219

Listing Office:

  • Office Name: COLDWELL BANKER SCHMIDT ESCANABA
  • Office Phone: (906) 786-5972
  • Listing Agent: WENDY HOLZENKAMP

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/22/2024, 11:20:37 PM 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 - $185,600
2020 - $165,300
2019 - $162,600
2018 - $153,700
2017 - $153,300

History based on county public records data.

Payment Calculator

$2,937

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,790

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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.

High School

school-card-donut-411561
7
/10

  • Tri-Township School

  • 10070 Us Highway 2

  • 3.37 miles

  • Public District Grades KG-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,312. Residents of Rapid River, MI typically earn between $35k-100k each year. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Delta County›Rapid River›49878›8935 County 513 T Rd

This home is located at 8935 County 513 T Rd in Rapid River, MI and zip code 49878. This home, which was built in 1930, sits on a 26.77 acre lot. Features: 7 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since May 07, 2024 and is currently priced at $575,000.

The inventory of homes for sale in Rapid River, MI between March 2024 and April 2024 increased by 350%. The median list price of listings available in April 2024 was $232,650, while the average time on the real estate market was 18 days.

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

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