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$9,997  $7,856.34

0.67 acres | Residential Zoning

Shimmering lakes, flowing rivers, breathtaking wilderness, you’ll find it all in northern Michigan. At more than a half-acre, this 29,185 sq. ft. parcel is covered in mature, shade giving trees . The lot is made up of mostly flat, usable land with a dirt road leading in and power available at the street. Currently rests in an up-and-coming area in a rural location just 12 miles from Gaylord. The famed Lake Michigan is a quick 33 miles away. Own a piece of “God’s Country” before it’s gone!

Land Specifics Foreclosed

Property Number 10871
Size 0.67 acres
Dimensions 190.26' x 200.57' x 219.45' x 171.70' x 46.08'
Road Access Dirt Road
Slope Description Mostly Flat
Zoning Residential
Zoning Code R-1 (Single-Family Residential)
Zoning Definition

R-1 (Single-Family Residential): Permitted uses include 1 single family residence; child day care facilities. Special use permits include home based business; religious institution; bed & breakfast inn. Property setbacks: Front 15 ft, Side 5 ft, Rear 15 ft. Minimum Dwelling Size: each dwelling unit shall have a minimum of 576 sq ft of living space on the first floor.

On Property Usage/Potential
  • Homesite
  • Investment
Nearby Usage

Location

County Antrim
State Michigan
Other Maps

Additional Information

Assessor Parcel Number (APN) 05 11 425 223 00 AND 05 11 425 224 00
Estimated Annual Taxes $43.70
Home Owners Association Lake of the North Association
Annual HOA Dues $498.00
HOA Information

Located in Elmira, Michigan offering amenities such as an airport, campground, clubhouse, golf course, Harold & Pencil Lake and winter activities. http://www.lakesofthenorthhoa.com/home.asp

Legal Description

The following described premises; Township of Mancelona, County of Antrim, State of Michigan Lots 223 and 224 of Manistee Heights No. 1 as recorded in Liber 2 of Plats page 187, Antrim county.

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Finance Terms

Foreclosed
Original Price $9,997
Purchase Price $7,856.34
Interest Rate 11.7%
Loan Term 4 years 6 months
Total Monthly Payment $242.93

Due Today

Cost to Bring Current $170.45
Down Payment $0.00
Document Fee $0.00
Transfer Tax $77.78
Total Due Today: $248.23

Pay in Full Terms

Foreclosed
Original Price $9,997
Purchase Price $7,856.34
Your Pay in Full Discount -$1,571.27
Your Price Today = $6,285.07
Document Fee + $299.00
Cost to Bring Current + $170.45
Transfer Tax + $77.78
Total Due Today $6,533.30
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