NOT LISTED FOR SALE

1082 W Little Shag Lake Rd Gwinn, MI 49841

Estimated Value: $193,000 - $266,000

2 Beds
1 Bath
941 Sq Ft
$234/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $146,000 $155 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,202/month

10 Days on Market

Highlights

  • Lake Front
  • Fireplace
  • Wood Siding
  • Wood Burning Stove
  • Ceiling Fan

About This Home

As of November 2020

Great lakefront opportunity on Little Shag Lake. This cabin has been owned in the same family for two generations and now provides an awesome opportunity for your family. There is 100 feet of frontage with a slight drop of about 8 ft from the level grade to the water. There is a poured retaining wall with cement steps leading down to a sauna building set on timbers in the water. Crystal clear water and hard bottom provide great swimming. The old cabin has been well maintained and everything appears solid. With some finish work, this would make a neat and clean lake cottage. There is a side entryway that access a large living area with a wood stove and front views toward the lake. There is a kitchen and dining area with a kitchen sink, stove and refrigerator. A rear entry off the kitchen provides a nice storage area and potential bathroom. There is a point well that was recently replaced along with a new pump and tank. A new septic system has been installed and is ready to be connected. Upstairs, you'll find two good sized bedrooms. The place is functional as is, but hold a lot of potential for someone who is up for a few projects. This is located on the east shore of Little Shag Lake within walking distance from Tall Timbers and the Up North Lodge. A snowmobile and ATV trail is just down the road as well. Great lake frontage is not easy to come by and this provides that with a solid building and improvements to work with.

Last Agent to Sell the Property

Rob Sullivan

NORTHERN MICHIGAN LAND BROKERS License #UPAR-6502362192 Listed on: 08/31/2020

Last Buyer's Agent

Adam Karki

RE/MAX 1ST REALTY License #UPAR

RE/MAX 1ST REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10

Year Built

  • Built in 1930

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 100x180x100x210
  • Lake Front

Home Design

  • Wood Siding

Interior Spaces

  • 2 Bedrooms
  • 941 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Fireplace
  • Wood Burning Stove

Basement

  • Partial Basement
  • Crawl Space

Utilities

  • Heating System Uses Wood
  • Radiant Heating System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 52-05-131-029-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$10

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 1 1/2 Story
  • Year Built: 1930
  • Mail City: Gwinn
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplaces: Wood Stove
  • Basement: Yes
  • Basement: Partial
  • Bedrooms: 2
  • Bedroom 1: On 2nd Floor, Dimensions: 13 x 17
  • Bedroom 2: On 2nd Floor, Dimensions: 12 x 17
  • Breakfast Nook: On 1st Floor, Dimensions: 9 x 8
  • Kitchen: On 1st Floor, Dimensions: 15 x 8
  • Living Room: On 1st Floor, Dimensions: 19 x 18
  • Below Grade Sq Ft: 30
  • Above Grade Finished Sq Ft: 941
  • Total Finished Sq Ft: 941

Exterior Features

  • Exterior: Wood
  • Foundation: Partial Basement, Crawl
  • Frontage: 100
  • Lake Name: Little Shag Lake
  • Road: City/County
  • Water Features: Lake Frontage, Interior Lake
  • Waterfront: Yes
  • Out Buildings: Barn
  • Frontage Type: Water

Garage/Parking

  • Garage: No

Utilities

  • Heating: Radiant
  • Heating Fuel: Wood
  • Sewer: Septic
  • Cooling: Ceiling Fan(s)

Lot Info

  • Assessor Parcel Number: 52-05-131-029-00
  • Lot Dimensions: 100x180x100x210
  • Acreage: 0.45
  • Geo Subdivision: MI

MLS Schools

  • School District: Gwinn Area Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2022
Sold by
Michael Haanpaa Roddy
Bought by
Kurin Lawrence and Kurin Kelly
Current Estimated Value
$220,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Outstanding Balance
$68,423
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$151,946

Purchase Details

Listed on
Aug 31, 2020
Closed on
Nov 10, 2020
Sold by
Simo William D and Simo Yvonne B
Bought by
Haanpaa Roddy Michael
Seller's Agent
Rob Sullivan
NORTHERN MICHIGAN LAND BROKERS
Buyer's Agent
Adam Karki
RE/MAX 1ST REALTY
List Price
$149,900
Sold Price
$146,000
Premium/Discount to List
-$3,900
-2.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.03%
Original Mortgage
$96,000
Interest Rate
3.65%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Kurin Lawrence $176,000 Odea Nordeen And Pickens Pc
Haanpaa Roddy Michael $146,000 Murphy F Gregory
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kurin Lawrence $158,400
Previous Owner Haanpaa Roddy Michael $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $146,000 -2.6% $155 / Sq Ft
09/10/2020 09/10/20 Pending -- -- --
08/31/2020 08/31/20 For Sale $149,900 -- $159 / 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 $10 $74,000 $0 $0
2024 $10 $69,100 $0 $0
2023 $930 $61,600 $0 $0
2022 $2,819 $44,500 $0 $0
2021 $1,729 $55,200 $0 $0
2020 $1,253 $44,500 $0 $0
2019 $1,198 $38,300 $0 $0
2018 $1,169 $47,200 $0 $0
2017 $1,106 $47,200 $0 $0
2016 $1,100 $46,250 $0 $0
2015 -- $46,250 $0 $0
2014 -- $46,950 $0 $0
2012 -- $49,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10041629

Upper Peninsula Association of REALTORS®

APN: 52-05-131-029-00