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V.5 Ln, Rapid River, MI, 49878

$135,000

11.00 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
WaterfrontRiver Front
ViewRiver
MLS #50135110
Lot Size11.00 Acres
StatusActive

About V.5 Ln

Beautiful 11 acre Parcel on the Whitefish River. High land suitable for building on the southern part of the property. *Property Part of Larger Parcel, subject to land division approval from Masonville Township. Just Parcel C being sold. More pictures coming soon.

Property Details

Property Features

Listing Office:

  • Office Name: EXP REALTY LLC
  • Office Phone: (269) 600-4397
  • Listing Agent: TIMOTHY LEBEAU

Exterior Features

Exterior Information:

  • Waterfront: River Front
  • View: River

Lot Features

Lot Information:

  • Lot: Rural Area
  • Lot Size: 11.00 Acres

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: From US HWY 2 head north on COUNTY RD 509 and north on Y RD. West on Forrest service road 8009 and that turns into V.5 Lane. V.5 LN runs through parcel C, the southern most parcel. There are poles where one parcel ends and the next begins and a private property sign on a tree to mark the back.

Price Information

Listing Price Info

Price Summary:

  • List Price: $135,000

Agent Commission:

  • Buyer's Agent Commission: 4%
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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

$174.5K

Med. Price/SqFt

$140

Avg. Days On Market

21

V.5 Ln vs Rapid River

54 DAYS ON ROCKET

+33 Days

$135,000

-$39.5K Less

KEY TAKEAWAY

This property is $39.5K less than the Median List Price in Rapid River, MI.

Based on homes listed in March 2024

MLS Details

MLS Information:

  • MLS Name: Upper Peninsula Assoc of Realtors
  • MLS Number: #50135110

Listing Office:

  • Office Name: EXP REALTY LLC
  • Office Phone: (269) 600-4397
  • Listing Agent: TIMOTHY LEBEAU

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: 4/29/2024, 9:25:22 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

$741

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$471

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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.

High School

school-card-donut-3007254
7
/10

  • Tri-Township School

  • 10070 Us Highway 2

  • 2.30 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 $51,537. The majority of Rapid River, MI residents have income between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About V.5 Ln

What is the listing price of this property?

The listing price of V.5 Ln property is $135,000.

What type of property is this?

The property V.5 Ln is land located in Rapid River, Michigan, 49878.

Is this property for sale now?

Active Listing: V.5 Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for V.5 Ln are:
Tri-Township School: GreatSchools Rating 7/10

How much acreage is this property?

The property V.5 Ln is 11.00 acres.
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Rocket Homes›Michigan›Delta County›Rapid River›49878›V.5 Ln

This home is located at V.5 Ln in Rapid River, MI and zip code 49878. This home sits on a 11.00 acre lot. It has been listed on Rocket Homes since March 06, 2024 and is currently priced at $135,000.

The median list price of listings available in March 2024 was $174,500, while the average time on the real estate market was 21 days.

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

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