NOT LISTED FOR SALE

10595 Red Rd Nisula, MI 49952

Estimated Value: $106,000 - $115,906

3 Beds
0.5 Bath
1,152 Sq Ft
$96/Sq Ft Est. Value

Last Sold December 22, 2023

Last sale price $80,000 $69 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $707/month

222 Days on Market

Highlights

  • Converted Barn or Barndominium
  • Deck
  • Cathedral Ceiling
  • Waterfront
  • Wooded Lot
  • Furnished

About This Home

As of December 2023

This property is a hunters dream!! The 24x48 metal pole barn constructed cabin has a great open kitchen/dining and living room area with vaulted cedar plank ceilings and an over-sized sliding glass door that leads out onto the back deck! Cozy up next to the propane gas fireplace that features hand-picked rock and a granite hearth! The cabin has 3 bunk rooms each with 3 built in beds already in place and a 1/2 bath complete with a wash basin sink and a shower! This property is located in the Silver River Reserve Association which is an all season recreational location which lends itself to this must see getaway cabin! Located in the Ottawa National Forest with access to many inland lakes, streams, hunting, hiking and snowmobile trails. The trails are 8/10 of a mile from the cabin and gives access to almost anywhere in the Upper Peninsula of Michigan by either snowmobile or ATV! This listing includes all furnishings, generator, and contents currently located inside the cabin and shed!

Last Agent to Sell the Property

Annie Fish

UP NORTH REALTY License #UPAR Listed on: 04/10/2023

Last Buyer's Agent

COREY SHANKLETON

U.P. RIVERLAND REALTY License #UPAR-6501407239

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,160

Year Built

  • Built in 2003

Lot Details

  • 10.15 Acre Lot
  • Lot Dimensions are 340x1300
  • Waterfront
  • Rural Setting
  • Lot Has A Rolling Slope
  • Wooded Lot

HOA Fees

  • $6 Monthly HOA Fees

Home Design

  • Pillar, Post or Pier Foundation
  • Metal Siding

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Window Treatments
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 0.5 Bathroom

Outdoor Features

  • Access to stream, creek or river
  • Deck
  • Shed
  • Outhouse

Farming

  • Converted Barn or Barndominium

Utilities

  • Space Heater
  • Heating System Uses Propane
  • Liquid Propane Gas Water Heater

Community Details

  • Tim Malloy HOA
  • Property is near a ravine

Listing and Financial Details

  • Assessor Parcel Number 00805204200

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,160

Year Built

Built in 2003

Lot Details

0

HOA Fees

$6 per month

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type: Residential
  • Type Of Property: Single Family
  • Architecture Style: Barn
  • Structure Style: 1 Story
  • Year Built: 2003
  • Mail City: Nisula
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: 9 ft + Ceilings, Cathedral/Vaulted Ceiling, Window Treatment(s), Furnished
  • Appliances: Range/Oven
  • Fireplace: Yes
  • Fireplaces: Gas Fireplace
  • Basement: None (Basement)
  • Bedrooms: 3
  • Bedroom 1: On Main Floor, Dimensions: 11 x 10
  • Bedroom 2: On Main Floor, Dimensions: 10 x 10
  • Bedroom 3: On Main Floor, Dimensions: 8 x 10
  • Total Bathrooms: 1
  • Kitchen: Dimensions: 16 x 22
  • Living Room: Dimensions: 14 x 22
  • Above Grade Finished Sq Ft: 1152
  • Total Finished Sq Ft: 1152
  • Half Bathrooms: 1

Exterior Features

  • Exterior: Metal Siding
  • Exterior Features: Deck, Sidewalks
  • Foundation: Piller/Post/Pier
  • Frontage: 120
  • Lake Name: Humbug Creek
  • Road: Seasonal, Private w/association
  • Water Features: Creek/Stream/Brook
  • Waterfront: Yes
  • Sideof Street: S
  • Out Buildings: Shed, Outhouse
  • Frontage Type: Water

Garage/Parking

  • Garage: No

Utilities

  • Heating: Space Heater
  • Heating Fuel: LP/Propane Gas
  • Sewer: None
  • Water: Private Well
  • Water Heater: Propane Hot Water

Condo/Co-op/Association

  • HOA Fees: 75
  • HOA Fee Frequency: Yearly
  • Community Features: Private Entry
  • Association Contact: Tim Malloy
  • Association Phone: 708-269-1226
  • Association Fee: Yes

Lot Info

  • Assessments: Yes
  • Assessor Parcel Number: 00805204200
  • Lot Dimensions: 340x1300
  • Acreage: 10.15
  • Geo Subdivision: MI
  • Site/Lot Features: Rural, Ravine, Rolling/Hilly, Wooded

Tax Info

  • SEV Year: 2021

MLS Schools

  • School District: L'anse Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2023
Closed on
Dec 20, 2023
Sold by
Kalena Jerome
Bought by
Foresman Mark A
Seller's Agent
Annie Fish
UP NORTH REALTY
Buyer's Agent
COREY SHANKLETON
U.P. RIVERLAND REALTY
List Price
$118,000
Sold Price
$80,000
Premium/Discount to List
-$38,000
-32.2%
Total Days on Market
222
Views
134
Current Estimated Value
$110,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,953
Avg. Annual Appreciation
21.35%
Original Mortgage
$64,000
Outstanding Balance
$62,923
Interest Rate
6.87%
Mortgage Type
Construction
Estimated Equity
$48,030

Purchase Details

Closed on
Oct 25, 2016
Bought by
Warnes Raymond Gilbert Trevor and Warnes Jerome Kalena

Purchase Details

Closed on
Jan 20, 2004
Bought by
Warnes Gilbert
Source: Public Records

Range of Values:

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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
Foresman Mark A $80,000 Transnation Title Agency
Warnes Raymond Gilbert Trevor -- --
Warnes Gilbert $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foresman Mark A $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Sold $80,000 -9.1% $69 / Sq Ft
11/09/2023 11/09/23 Price Changed $88,000 -10.2% $76 / Sq Ft
09/14/2023 09/14/23 Price Changed $98,000 -9.3% $85 / Sq Ft
07/06/2023 07/06/23 Price Changed $108,000 -8.5% $94 / Sq Ft
04/10/2023 04/10/23 For Sale $118,000 -- $102 / Sq Ft
Source: Upper Peninsula 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 $1,160 $41,722 $0 $0
2024 $1,148 $41,058 $0 $0
2023 $926 $36,737 $0 $0
2022 $1,095 $32,471 $0 $0
2021 $1,068 $32,668 $0 $0
2020 $1,056 $29,771 $0 $0
2019 $1,058 $28,912 $0 $0
2018 $1,035 $22,506 $0 $0
2017 $1,025 $24,179 $0 $0
2016 -- $25,447 $0 $0
2015 -- $24,218 $0 $0
2014 -- $20,347 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50106342

Upper Peninsula Association of REALTORS®

APN: 008-052-042-00