M
Seller's Agent in 2024
Mike Borsum
RE/MAX DOUGLASS R.E.-H
(906) 370-6738
30 Total Sales
Estimated Value: $443,000 - $523,000
3
Beds
2
Baths
2,220
Sq Ft
$218/Sq Ft
Est. Value
Highlights
- Marina
- Pier or Dock
- Cathedral Ceiling
- Boat Facilities
- Deck
- Main Floor Bedroom
About This Home
As of July 2024Spectacular custom-built Koski log home on Lake Superior! This 3-bedroom, 2-bath (2,200 sq ft finished living space) is located on a little over 2 beautiful acres and 227’ of Keweenaw Bay frontage, offering plenty of privacy, yet is very accessible. This house has been meticulously cared for, and pride of ownership is evident. This home is located in the historic village of Pequaming (Henry Ford’s summer bungalow is located 3 houses down). The main level includes the main bedroom, a full bath, and an open kitchen with granite countertops and new appliances, as well as the living room area showcasing great cathedral ceilings. Upstairs the loft is open and presently occupied with two desks and a workout area but could easily be re-configured to suit your needs. 2 bedrooms, a full bathroom, and the laundry area, are located downstairs and features a walkout entrance leading down towards the fantastic yard and shoreline. House has a spacious 3-car garage and storage shed for all your toys. Most of the building materials for the home, i.e., logs, lumber, stones, etc. were from local sources. Significant improvements have been made in the last 10 years. A manual home generator system (generator available to purchase separately) will keep your power on regardless of outages. This house/area is the perfect place to enjoy the northern woods and Lake Superior. From your balcony or lakefront windows enjoy watching deer, moose, fox, loons, bald eagles, turkeys, northern lights, and big lake freighters. From your dock or your boat, you are able to enjoy fishing for trout, salmon, walleye, and bass. In the winter enjoy a cross-country ski trail across street. From this west-facing house enjoy spectacular sunsets, cool lake breezes, and warm fires inside (Regency wood stove) and outside (at firepit). The beach is a rocky beach (accessible and swimmable), and sand beaches are within 1 mile (1st Sand Beach) and 2 miles (2nd Sand Beach). A marina is located 1⁄2 mile south in Pequaming and offers boat launching and dockage (very small and private- 7 boats moored at the marina last year). Come see this Spectacular custom-built Koski log home on Lake Superior!
Last Agent to Sell the Property
RE/MAX DOUGLASS R.E.-H License #UPAR-6501278088 Listed on: 05/02/2024
Home Details
Home Type
- Single Family
Year Built
- Built in 1990
Lot Details
- 2.04 Acre Lot
- 227 Ft Wide Lot
- Rural Setting
- Cleared Lot
Parking
- 3 Car Detached Garage
Home Design
- Log Cabin
- Poured Concrete
Interior Spaces
- 1.5-Story Property
- Cathedral Ceiling
- Wood Burning Fireplace
- Free Standing Fireplace
- Window Treatments
- Living Room with Fireplace
- Home Office
- Loft
Kitchen
- Eat-In Kitchen
- Oven or Range
- Microwave
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- Bathroom on Main Level
- 2 Full Bathrooms
Laundry
- Laundry on lower level
- Dryer
- Washer
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Outdoor Features
- Boat Facilities
- Deck
- Patio
- Shed
- Porch
Location
- Property is near a Great Lake
Utilities
- Forced Air Heating System
- Heating System Uses Wood
- Heating System Uses Propane
- Liquid Propane Gas Water Heater
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 004-282-018-10
Community Details
Amenities
- Laundry Facilities
Recreation
- Pier or Dock
- Marina
- Beach
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 29, 2013
Closed on
May 27, 2013
Sold by
Szymanski Thomas
Bought by
Fahnenstiel Gary L and Fahnenstiel Holli A
Seller's Agent
Mike Borsum
RE/MAX DOUGLASS R.E.-H
Buyer's Agent
Mike Borsum
RE/MAX DOUGLASS R.E.-H
List Price
$220,000
Sold Price
$220,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,610
Avg. Annual Appreciation
6.46%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fahnenstiel Gary L | $220,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/19/2024 07/19/24 | Sold | $555,000 | -3.3% | $250 / Sq Ft | |
| 06/12/2024 06/12/24 | Pending | -- | -- | -- | |
| 05/02/2024 05/02/24 | For Sale | $574,000 | +160.9% | $259 / Sq Ft | |
| 05/31/2013 05/31/13 | Sold | $220,000 | 0.0% | $111 / Sq Ft | View Prior Sale |
| 04/05/2013 04/05/13 | Pending | -- | -- | -- | |
| 03/29/2013 03/29/13 | For Sale | $220,000 | -- | $111 / Sq Ft |
Source: Upper Peninsula Association of REALTORS®
Tax History Compared to Growth
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 | $7,750 | $195,288 | $0 | $0 |
| 2024 | $2,903 | $183,550 | $0 | $0 |
| 2023 | $2,765 | $138,096 | $0 | $0 |
| 2022 | $166 | $131,573 | $0 | $0 |
| 2021 | $3,309 | $131,737 | $0 | $0 |
| 2020 | $3,272 | $131,781 | $0 | $0 |
| 2019 | $3,211 | $132,172 | $0 | $0 |
| 2018 | -- | $111,324 | $0 | $111,324 |
| 2017 | -- | $109,035 | $0 | $0 |
| 2016 | -- | $108,063 | $0 | $0 |
| 2015 | -- | $107,740 | $0 | $0 |
| 2014 | -- | $115,378 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Borsum
-
CHRIS FELTNER
Buyer's Agent in 2024
CHRIS FELTNER
SELECT REALTY
(906) 458-7141
55 Total Sales
Map
Source: Upper Peninsula Association of REALTORS®
MLS Number: 50140789
APN: 004-282-018-10
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