NOT LISTED FOR SALE

12946 S Straits Hwy Wolverine, MI 49799

Estimated Value: $255,142

3 Beds
1 Bath
5,330 Sq Ft
$48/Sq Ft Est. Value

Last Sold February 22, 2024

Last sale price $325,000 $61 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $1,611/month

295 Days on Market

Highlights

  • Deck
  • Patio
  • Forced Air Heating and Cooling System
  • Snowmobile Trail
  • Living Room
  • Dining Room

About This Home

As of February 2024

This rare and unique 2 in 1 business opportunity offers a bar/restaurant on the main floor plus a 3 bedroom, 1 bathroom apartment above for multiple revenue streams, including short-term and long-term rental use. This spacious 3 bedroom, 1 bath 1700sqft rustic setting apartment is situated on the second floor of a commercial space, primarily used and set for a bar/restaurant, centrally located in the heart of Wolverine. The apartment features a spacious open dining/living concept, large bedrooms with ample storage, has washer and dryer hookup, and has a same floor patio/deck area, plus a separate entrance from the downstairs commercial entrance, and off street parking. The bar/restaurant is start-up ready with several beverage coolers, commercial size ice maker, bar stools and dining room seating, and TV's & stage for ideal and popular entertainment. Rustic interiors create a cozy atmosphere thanks to wooden elements, handmade accessories, high ceilings, & warm hues. The commercial kitchen is ready for use and comes equipped with pizza oven, flat top grill, fryers, salad fridge station, new walk-in cooler, several deep storage freezers, and wash station. This space is centrally located within minutes of state forest campgrounds, the sturgeon river, a golf course, and I-75 which is a major interstate traveled by thousands of people daily; an ideal location with consistent traffic. Real estate, liquor license, & restaurant equipment, furnishings & décor included in sale, some exceptions apply. New furnace and central air installed within the last 2 years.

Last Agent to Sell the Property

Kendra Manning

Coldwell Banker Schmidt- Harbor Springs Listed on: 05/03/2023

Coldwell Banker Schmidt- Harbor Springs

Co-Listed By

Jennifer Burr

Coldwell Banker Schmidt - Boyne City License #6501365186

Last Buyer's Agent

Non member Emmet

Emmet Association of Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,109

Lot Details

  • Property is zoned C-1 Commerial

Home Design

  • Wood Frame Construction
  • Rolled or Hot Mop Roof

Interior Spaces

  • 5,330 Sq Ft Home
  • 2-Story Property
  • Family Room on Second Floor
  • Living Room
  • Dining Room
  • Second Floor Utility Room
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Snowmobile Trail

Listing and Financial Details

  • Assessor Parcel Number 253-V13-003-001-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,109

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 05/03/2023
  • Section: 6
  • Second Address Number: 12946
  • Directions: Downtown Wolverine on the west side of S Straits Hwy.
  • Price per Sq Ft: 60.98
  • OFFICELIST_STATE: MI
  • Street Designation: Highway
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Cable, Central Air, Deck, Patio, Range, Refrigerator, Near Snowmobile Trails
  • Total Finished Sq Ft: 5330
  • Master Bedroom: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: N/A
  • Total Rooms: 7
  • Basement: Block, Full
  • Dining Room: On Level: Upper
  • Kitchen: On Level: Upper
  • Family Room: On Level: Upper
  • Living Room: On Level: Upper
  • Above Grade Finished Sq Ft: 5330
  • Bathroom 1: On Level: Upper
  • Bathroom 2: On Level: N/A
  • Number Of Bedrooms: 3
  • Full Bathrooms: 1
  • Rooms 1: On Level: Upper
  • Rooms 2: On Level: Upper

Exterior Features

  • Construction: Wood Frame/Site Built, Two Story +
  • Roof: Rolled
  • Waterfront Water Access: Neither

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Wolverine
  • School District: Wolverine

Lot Info

  • Zoning: C-1 Commerial

Tax Info

  • Assessor Parcel Number: 253-V13-003-001-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2012
Sold by
Steven Steven
Bought by
Unthank Robert and Unthank Carol
Current Estimated Value
$255,142

Purchase Details

Closed on
Oct 29, 2008
Sold by
Rochester Robert
Bought by
Mauldon Steven and Mauldon Jill
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
Unthank Robert $130,000 --
Mauldon Steven $120,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2024 02/22/24 Sold $325,000 -18.8% $61 / Sq Ft
09/12/2023 09/12/23 Price Changed $400,000 -20.0% $75 / Sq Ft
05/03/2023 05/03/23 For Sale $500,000 -- $94 / Sq Ft
Source: Northern Michigan MLS

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 $3,109 $106,700 $0 $0
2024 $1,372 $98,500 $0 $0
2023 $1,311 $81,300 $0 $0
2022 $1,249 $66,000 $0 $0
2021 $2,643 $66,900 $66,900 $0
2020 $2,628 $65,000 $65,000 $0
2019 $1,997 $64,300 $64,300 $0
2018 $2,503 $53,300 $0 $0
2017 $2,438 $53,000 $0 $0
2016 $2,411 $50,600 $0 $0
2015 -- $47,200 $0 $0
2014 -- $46,300 $0 $0
2012 -- $46,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Kendra Manning

    Coldwell Banker Schmidt- Harbor Springs

    (231) 838-2566

    17 Total Sales

    Kendra Manning
    Section Image
  • Jennifer Burr

    Seller Co-Listing Agent in 2024

    Jennifer Burr

    Coldwell Banker Schmidt - Boyne City

    (231) 675-0157

    270 Total Sales

    Jennifer Burr
    Section Image

  • N

    Buyer's Agent in 2024

    Non member Emmet

    Emmet Association of Realtors

See All Agents

Map

Source: Northern Michigan MLS

MLS Number: 470913

Northern Michigan MLS

APN: 253-V13-003-001-00

Michigan Cheboygan County Wolverine 49799

12946 S Straits Hwy, Wolverine, MI

This home is located at 12946 S Straits Hwy, Wolverine, MI 49799 since 03 May 2023 and is currently estimated at $255,142, approximately $47 per square foot. 12946 S Straits Hwy is a home located in Cheboygan County with nearby schools including Wolverine Elementary School and Wolverine 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.

Northern Michigan MLS 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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