NOT LISTED FOR SALE

1 Wertanen Rd Wakefield, MI 49968

Estimated Value: $149,000 - $151,885

20 Acres
$7,522 Price per Acre
871,200 Sq Ft Lot

Last Sold March 07, 2025

Last sale price $150,000

Current estimated payment $837/month

269 Days on Market

Highlights

  • Private Waterfront
  • Wetlands on Lot
  • Corner Lot: Yes
  • 20 Acre Lot
  • Wooded Lot

About This Lot

As of March 2025

Stunning Property with Iconic Waterfall in Gogebic County, Upper Peninsula. Discover a once-in-a-lifetime opportunity to own a breathtaking 20-acre parcel in Gogebic County, featuring the picturesque and renowned Root Beer Falls. Planter Creek meanders through this remarkable property, providing a serene and natural landscape. This versatile property offers potential for various uses, including commercial development (via PUD), residential, or recreational pursuits. Currently vacant, it stands ready to be transformed according to your vision. Don't miss out on this unique piece of land that promises endless possibilities.

Last Agent to Sell the Property

Brice Bossardet

EXP Realty LLC License #6502382679 Listed on: 05/17/2024

EXP Realty LLC

Last Buyer's Agent

Brice Bossardet

EXP Realty LLC License #6502382679 Listed on: 05/17/2024

EXP Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $500

Lot Details

  • 20 Acre Lot
  • Private Waterfront
  • 1,000 Feet of Waterfront
  • The property's road front is unimproved
  • Corner Lot: Yes
  • Level Lot
  • Wooded Lot
  • Finished Lot(s)
  • Property is zoned Res 402, Res 402

Property Views

  • Water Views

Community Details

Overview

  • Property is near a ravine

Recreation

  • Recreational Area
  • Water Access
  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$500

Lot Details

0

Listing Details

  • Property Sub-Type: Acreage
  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Lot Dimensions: Irregular
  • General Property Info:Waterfront3: Yes
  • Tax Info:Annual Property Tax: 500.0
  • Tax Info:Zoning3: Res 402
  • Waterfront Options:Water Access YN: Yes
  • Lot Description:Wooded: Yes
  • Lot Description:Level: Yes
  • General Property Info:Property Sub-Type2: Acreage
  • Lot Description:Ravine: Yes
  • Waterfront Options:Water Frontage3: 1000.0
  • Lot Description:Corner Lot: Yes
  • Lot Description:Wetland Area: Yes
  • Util Avail at Street Electricity Available: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Water Public Water2: Yes
  • Sewer Public Sewer2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 179900.0
  • Lot Features: Level, Ravine, Buildable, Recreational, Wetland Area, Wooded, Corner Lot
  • Road Surface Type: Paved, Unimproved
  • Water Body Name: Private - Un-Named
  • Waterfront Features: Stream/Creek
  • Waterfront: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electricity Available, None
  • Water Source: Public

Association/Amenities

  • Water Fea Amenities:Private Frontage: Yes
  • Water Fea Amenities:View: Yes

Lot Info

  • Current Use: Recreational, Hunting
  • Lot Size Acres: 20.0
  • Lot Size Area: 20.0
  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 871200.0
  • Zoning Description: Res 402
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 500.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2024
Closed on
Apr 4, 2025
Sold by
Guzin Diane
Bought by
Oak Tree Investments Llc
Seller's Agent
Brice Bossardet
EXP Realty LLC
Buyer's Agent
Brice Bossardet
EXP Realty LLC
List Price
$179,900
Sold Price
$150,000
Premium/Discount to List
-$29,900
-16.62%
Views
155
Current Estimated Value
$150,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$443
Avg. Annual Appreciation
-47.28%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Oak Tree Investments Llc $150,000 First American Title
Oak Tree Investments Llc $150,000 First American Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2025 03/07/25 Sold $150,000 -16.6% --
02/10/2025 02/10/25 Pending -- -- --
05/17/2024 05/17/24 For Sale $179,900 -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $423 $30,000 $30,000 $0
2024 $385 $15,000 $15,000 $0
2022 -- $13,000 $13,000 $0
2021 -- $13,000 $13,000 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $10,000 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2014 -- -- $0 $0
2013 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24024648

Southwestern Michigan Association of REALTORS®

APN: 53-18-000-300