For Sale
V/L S DEARING RD 40 Acres Vacant Land S Dearing, Spring Arbor, MI 49283
$500,000
MLS # 21043160 (Michigan Regional Information Center (MichRIC))
40 acres
1 / 31
Listing Description
INCREDIBLE 40 ACRE DEVELOPMENT OPPORTUNITY IN POPULAR WESTERN SCHOOL DISTRICT. Cleared & level landscape with an outstanding potential for Mixed Use/Multi-family Residential development. Located in the heart of Spring Arbor, home of renowned Spring Arbor University & between M-60 & King Roads. This ideal location is approximately 2 miles from Western High School & 1 mile from Bean & Warner Elementary Schools. Dearing Road is in a highly desired area of residential subdivisions, apartments, office and retail properties plus only minutes to I-94 for commuters. Over 1326 Feet of Paved Frontage. Natural gas, community water and sewer lines are available for connection at the road. Seller has preliminary plans for up to 99 residential dwellings. Let new homeowners explore the Falling Waters
Source: SparkMLS
About this home
Listed at $500,000.
Annual property taxes run approximately $1,680 ($140/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Listing Property Details
Property TypeLand
Property SubtypeAcreage
Bathrooms0
Lot Size40 acres
Location
CitySpring Arbor
MunicipalitySpring Arbor Twp
Zip Code49283
CountyJackson
School DistrictWestern
Construction & Systems
WaterPublic
SewerPublic Sewer
UtilitiesNatural Gas Available, None
Sale & Financing
Listed12/22/2019
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$2,995
Tax Year2024
State Equalized Value$44,600
Taxable Value$43,317
Assessed Value$82,366
Parcel #000-12-15-151-001-04
Source: Public Records
Legal Description
SEC 15 T3S R2W
Property Records
USDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Stephanie Bosanac-Mortimer
RE/MAX Mid-Michigan R.E.
Frequently Asked Questions about V/L S DEARING RD 40 Acres Vacant Land S Dearing, Spring Arbor, MI 49283
Which school district serves V/L S DEARING RD 40 Acres Vacant Land S Dearing, Spring Arbor, MI 49283?
Per MLS# 21043160, V/L S DEARING RD 40 Acres Vacant Land S Dearing, Spring Arbor, MI 49283 is in the Western boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Western directly to confirm enrollment eligibility.
What financing options are available for V/L S DEARING RD 40 Acres Vacant Land S Dearing, Spring Arbor, MI 49283?
Per MLS# 21043160, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at V/L S DEARING RD 40 Acres Vacant Land S Dearing, Spring Arbor, MI 49283?
Per public tax records, annual property taxes for this property are $2,995 (2024). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, V/L S DEARING RD 40 Acres Vacant Land S Dearing, Spring Arbor, MI 49283 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
What utilities serve V/L S DEARING RD 40 Acres Vacant Land S Dearing, Spring Arbor, MI 49283?
Per Michigan Public Service Commission service territory data: Sewer: Public Sewer. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Spring Arbor Twp police department or the Jackson County sheriff's office.
Tax Estimate
$
Annual tax$1,680
Monthly$140
Millage rate37.6732 mills
Municipality: Spring Arbor
School district: WESTERN SCHOOL DISTRICT
County: Jackson
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
BETATax History
View SEV, Taxable Value, and uncapping difference for this parcel — Jackson County public records.
Mortgage Calculator
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Monthly payment$3,383
Principal & interest$3,243
Property taxes$140
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Property
V/L S DEARING RD 40 Acres Vacant Land S Dearing, Spring Arbor, MI 49283
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County
Jackson County
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