NOT LISTED FOR SALE

1162 W Little Shag Lake Rd Gwinn, MI 49841

Estimated Value: $259,964 - $400,000

2 Beds
1 Bath
924 Sq Ft
$358/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $165,000 $179 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $1,755/month

54 Days on Market

Highlights

  • Lake Front
  • Deck
  • Fireplace
  • Pier or Dock
  • 2 Car Detached Garage
  • Bathroom on Main Level

About This Home

As of August 2020

Log cabin on highly sought after Little Shag Lake with sand beach. Rustic living room with stone fireplace to maintain the cabin feeling yet updated kitchen and dining area give you the modern comforts. The large bedrooms upstairs provide lots of room for your family and friends to come make memories with you. Enjoy the views while eating in your dining area or from the new wrap around deck. Large pole building can be used as a garage or to store your boat or other toys. Metal roofs on both the cabin and pole building give you peace of mind during the winter months when you don't have to worry about the snow load. Schedule your showing today!

Last Agent to Sell the Property

Adam Karki

RE/MAX 1ST REALTY License #UPAR Listed on: 05/25/2020

RE/MAX 1ST REALTY

Last Buyer's Agent

Gina Feltner Bouws

RE/MAX 1ST REALTY License #UPAR-297275

RE/MAX 1ST REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13

Year Built

  • Built in 1933

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 112x228x93x278
  • Lake Front

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 924 Sq Ft Home
  • 1.5-Story Property
  • Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Partial Basement

Outdoor Features

  • Deck

Utilities

  • Septic Tank
  • Internet Available

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 52-05-600-014-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$13

Year Built

Built in 1933

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: 1933
  • Mail City: Gwinn
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Dishwasher, Range/Oven
  • Fireplace: Yes
  • Basement: Yes
  • Basement: Walk Out, Partial
  • Bedrooms: 2
  • Bedroom 1: On 2nd Floor, Dimensions: 12 x 15
  • Bedroom 2: On 2nd Floor, Dimensions: 16 x 10
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: First
  • Room Types: First Flr Full Bathroom
  • Breakfast Nook: On 1st Floor, Dimensions: 11 x 9
  • Kitchen: On 1st Floor, Dimensions: 11 x 13
  • Living Room: On 1st Floor, Dimensions: 13 x 11
  • Below Grade Sq Ft: 264
  • Above Grade Finished Sq Ft: 924
  • Total Finished Sq Ft: 924

Exterior Features

  • Exterior: Log, Wood
  • Exterior Features: Deck
  • Foundation: Partial Basement
  • Frontage: 112
  • Lake Name: Little Shag Lake
  • Road: City/County
  • Water Features: Dock/Pier Facility, Lake Frontage, Interior Lake
  • Waterfront: Yes
  • Frontage Type: Water

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Sewer: Septic

Lot Info

  • Assessor Parcel Number: 52-05-600-014-00
  • Lot Dimensions: 112x228x93x278
  • Acreage: 0.6
  • Geo Subdivision: MI

MLS Schools

  • School District: Gwinn Area Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2020
Closed on
Aug 21, 2020
Sold by
Herrala and Susan
Bought by
Lane Troy
Seller's Agent
Adam Karki
RE/MAX 1ST REALTY
Buyer's Agent
Gina Feltner Bouws
RE/MAX 1ST REALTY
List Price
$174,900
Sold Price
$165,000
Premium/Discount to List
-$9,900
-5.66%
Current Estimated Value
$330,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,491
Avg. Annual Appreciation
14.88%
Original Mortgage
$165,000
Outstanding Balance
$146,759
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$182,508

Purchase Details

Closed on
Aug 7, 1992
Bought by
Sheppard Lori
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
Lane Troy $165,000 Murphy F Gregory
Sheppard Lori -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lane Troy $90,000
Open Lane Troy $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $165,000 -5.7% $179 / Sq Ft
07/18/2020 07/18/20 Pending -- -- --
05/25/2020 05/25/20 For Sale $174,900 -- $189 / 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 $13 $125,200 $0 $0
2024 $13 $112,800 $0 $0
2023 $1,023 $87,900 $0 $0
2022 $2,019 $68,600 $0 $0
2021 $1,957 $62,500 $0 $0
2020 $1,012 $68,600 $0 $0
2019 $1,529 $66,800 $0 $0
2018 $1,492 $62,350 $0 $0
2017 $1,412 $49,050 $0 $0
2016 $1,404 $44,250 $0 $0
2015 -- $44,250 $0 $0
2014 -- $44,900 $0 $0
2012 -- $44,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Adam Karki

    Seller's Agent in 2020

    Adam Karki

    RE/MAX 1ST REALTY

    (906) 360-5420

    458 Total Sales

    Adam Karki
    Section Image
  • Gina Feltner Bouws

    Buyer's Agent in 2020

    Gina Feltner Bouws

    RE/MAX 1ST REALTY

    (615) 364-9529

    390 Total Sales

    Gina Feltner Bouws
    Section Image
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10039856

Upper Peninsula Association of REALTORS®

APN: 52-05-600-014-00

Michigan Marquette County Gwinn 49841

1162 W Little Shag Lake Rd, Gwinn, MI

This home is located at 1162 W Little Shag Lake Rd, Gwinn, MI 49841 since 25 May 2020 and is currently estimated at $330,491, approximately $357 per square foot. This property was built in 1933. 1162 W Little Shag Lake Rd is a home located in Marquette County with nearby schools including K.I. Sawyer Elementary School and Gwinn Middle/High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Upper Peninsula Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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