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$285,000

Beds
2
Baths
2.0
sq ft
1,056

537 Cherry Grove Ln, Frankfort, MI 49635

537 Cherry Grove Ln

Frankfort, MI 49635

  • 43 days on market
Welcome to this charming ranch-style home in the heart of beautiful downtown Frankfort and a short distance to Betsie Bay and the stunning Lake Michigan Shoreline. Situated in a quiet neighborhood just down the road from Crystal Lake public access this home is also just one block from the city park that includes tennis/pickleball courts, basketball courts, skate park and playground for little ones. This 2 bedroom, 2 bath home could be easily converted back into a 3 bedroom home has endless potential with some updating from its new owner. The property features a spacious fenced-in backyard perfect for outdoor activities, gardening, or simply enjoying some privacy. The detached garage has been converted into a recreational hang out space complete with electricity could be changed back into a traditional garage. Inside, you'll find a bright and inviting living space with large windows bringing in natural light and freshly painted with tasteful neutral tones. The kitchen and dining area flows nicely onto the expansive back deck allowing for plenty of entertaining space. The primary bedroom is generously sized with a built-in bookcase/entertainment center and private bath. While the home has great bones theres room for the new homeowner to add their personal touch and complete the home to their liking. Take advantage of this prime location with the schools and park just blocks away or by walking or biking downtown to quaint shops, restaurants, the Garden Theater, library, and the Betsie Bay bike trail. Enjoy easy access to the public beaches of Lake Michigan, Crystal Lake and the picturesque M-22, which serves as the gateway to all Northern Michigan attractions. This is a fantastic opportunity to turn your Up North living dreams into reality!

Details

Property type

Single Family Residence

Est. home value

$281,252

Lot size

0.28 acres

Price per sq ft

$270

Year built

1971

Price History

09/23/2024
Realcomp

Realcomp #78080050926

Listed
$285,000
+506.38%
06/26/2009
Realcomp

Realcomp #78001087712

Sold
$47,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Frankfort-Elberta

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

John Adams Mortgage Company

Loan start date

January 2011

Original loan amount

$127,979

Est. remaining balance

$0

Interest rate

3.76%

Loan type

Not Provided, 10 year

Seller

Kelly M Hunt and Paul Hunt

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/05/2024 at 4:25 PM

Listing updated: 10/13/2024 at 9:56 AM

Listed by: Kari King, Phone #: (231) 352-7123

MLS: Realcomp #78080050926

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