$145,000
SOLD JUN 10, 2025

1450 5th St Wakefield, MI 49968

2 Beds
1.5 Baths
1,558 Sq Ft
2 Acres

Recently Sold

$93 Per Sq Ft

6 Days on Market

Highlights

  • Wooded Lot
  • Balcony
  • Porch
  • Log Cabin
  • 2 Car Detached Garage
  • Walk-In Closet

About This Home

As of June 2025

Here's a 2 bedroom, 2 bath full log home sitting on 2 Acres with great privacy! Almost too good to be true! This log home has character and comfort written all over it. You'll be greeted by a large verandah as you approach the front door. There's a nice open area for an entry that sits between the living room and kitchen. You will find main floor laundry, and a full bath just off kitchen. The living room is ample sized, and leads to the upper floor. Upstairs you will find two large bedrooms, one being a master with a balcony looking out on the landscaped yard with raised flower beds. Between the bedrooms, there is a large lighted walk-in closet. There are all new windows throughout the home. Full basement with newer furnace, and hot water heater. Electric is 100 amp. City water. Detached 2 car garage. Th

Last Agent to Sell the Property

Pete Seifert

FIRST WEBER, INC License #UPAR-6501422652 Listed on: 05/06/2025

FIRST WEBER, INC

Last Buyer's Agent

Gayle Colassaco

FIRST WEBER, INC License #UPAR

FIRST WEBER, INC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • 2 Acre Lot
  • 676 Ft Wide Lot
  • Rural Setting
  • Wooded Lot

Home Design

  • Log Cabin
  • Wood Siding

Interior Spaces

  • 1,558 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Living Room
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Basement

  • Sump Pump
  • Block Basement Construction

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Electric Water Heater
  • Septic Tank
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 53-06-504-100 & 53-06-504-200

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type: 1 to 4 Units
  • Type Of Property: Single Family
  • Architecture Style: Log Home
  • Structure Style: 2 Story
  • Total Tax Amount: 2025.27
  • Year Built: 1980
  • Mail City: Wakefield
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail., Sump Pump, Walk-In Closet
  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: Wood Burning, Free Standing Fireplace
  • Basement: Yes
  • Basement: Block
  • Bedrooms: 2
  • Bedroom 1: On Upper Floor, Dimensions: 14 x 23
  • Bedroom 2: On Upper Floor, Dimensions: 14 x 23
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: On Level: Lower
  • Room Types: First Floor Laundry, Living Room, Primary Bedroom, First Flr Lavatory, First Flr Full Bathroom, Second Flr Lavatory, Second Flr Full Bathroom
  • Below Grade Sq Ft: 506
  • Above Grade Finished Sq Ft: 1558
  • Total Finished Sq Ft: 1558
  • Half Bathrooms: 1

Exterior Features

  • Exterior: Log, Wood
  • Exterior Features: Exterior Balcony, Porch
  • Foundation: Basement
  • Frontage: 676
  • Road: City/County, Year Round
  • Out Buildings: None (OtherStructures)
  • Frontage Type: Road

Garage/Parking

  • Garage: Detached Garage, Electric in Garage, Gar Door Opener
  • Garage Spaces: 2
  • Parking: 3 or More Spaces
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Public Water at Street
  • Water Heater: Electric
  • Cooling: Ceiling Fan(s)

Lot Info

  • Assessor Parcel Number: 53-06-504-100 & 53-06-504-200
  • Zoning: Residential
  • Lot Description: Deep Lot - 150+ Ft., Large Lot - 65+ Ft., Treed
  • Lot Dimensions: Irregular
  • Acreage: 2
  • Geo Subdivision: MI
  • Site/Lot Features: Rural, Wooded, City Limits

Rental Info

  • Pet Restriction: No Restrictions

Tax Info

  • Summer Tax: Year: 2024, Amount: $1,630.46
  • Winter Tax: Year: 2024, Amount: $394.81
  • Total Tax: Amount: $2,025.27

MLS Schools

  • School District: Wakefield-Marenisco School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2025
Closed on
Jun 10, 2025
Sold by
Jones Arthur L and Cook Cheryl J
Bought by
Magley Charles and Magley Amanda
Seller's Agent
Pete Seifert
FIRST WEBER, INC
Buyer's Agent
Gayle Colassaco
FIRST WEBER, INC
List Price
$144,900
Sold Price
$145,000
Premium/Discount to List
$100
0.07%
Views
19
Current Estimated Value
$143,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,616
Avg. Annual Appreciation
-1.76%
Original Mortgage
$137,750
Outstanding Balance
$136,915
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$6,469

Purchase Details

Closed on
May 23, 2017
Sold by
Nelson David D and Chamberlain Debra A
Bought by
Jones Arthur L and Cook Cheryl J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
3.97%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Purchase History

Date Type Sale Price Title Company
Warranty Deed $145,000 Associated Title
Warranty Deed $145,000 Associated Title
Warranty Deed $3,488 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $137,750 New Conventional
Closed $137,750 New Conventional
Previous Owner $65,000 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2025 06/10/25 Sold $145,000 +0.1% $93 / Sq Ft
05/06/2025 05/06/25 For Sale $144,900 -- $93 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

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 $1,998 $56,346 $56,346 $0
2024 $1,786 $57,499 $57,499 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50173855

Upper Peninsula Association of REALTORS®

APN: 53-06-504-200