NOT LISTED FOR SALE

1506 Ravine Side Dr Houghton, MI 49931

Estimated Value: $428,000 - $542,000

4 Beds
2.5 Baths
1,786 Sq Ft
$268/Sq Ft Est. Value

Last Sold May 08, 2018

Last sale price $271,500 $152 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,085/month

173 Days on Market

Highlights

  • Fireplace
  • Porch
  • Forced Air Heating and Cooling System
  • Houghton Elementary School Rated A
  • Shed
  • 2 Car Garage

About This Home

As of May 2018

4 bedroom, 3 bath home in a wonderful location with a very private woodland setting yet minutes from town . Very nice layout with grand open foyer, large updated eat in kitchen ,convenient utility and 1/2 bath formal living overlooking the ravine and dining room. Also beautiful view from the back deck . Please be sure to spend some time outside on your viewing as you can hear the babbling of the creek below. The lower level family room is huge ! And even has walk out patio area and fireplace... Many large windows so you can feel like you are connected to the outdoors. The upstairs has large master bath walk in closet with addition cedar lined storage room, and 3 other nice sized bedrooms. The home is set back from the road with an elegant long driveway... It is so appealing that it has been used in a National Snow removal commercial in the past and is slated for another commercial during the week of January 22, 2018

Last Agent to Sell the Property

Julie Waara

NORTHERN MICHIGAN LAND BROKERS - H License #UPAR-6501374217 Listed on: 09/23/2017

Last Buyer's Agent

Laurel Maki

CENTURY 21 AFFILIATED License #UPAR

CENTURY 21 AFFILIATED

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,531

Year Built

  • Built in 1993

Lot Details

  • 1.65 Acre Lot

Parking

  • 2 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Walk-Out Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 052-184-004-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,531

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 2 Story
  • Total Tax Year: 2017
  • Year Built: 1993
  • Mail City: Houghton
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Dishwasher, Disposal, Microwave, Range/Oven
  • Fireplace: Yes
  • Basement: Yes
  • Basement: Walk Out
  • Bedrooms: 4
  • Bedroom 1: On 2nd Floor, Dimensions: 19 x 13
  • Bedroom 2: On 2nd Floor, Dimensions: 13 x 10
  • Bedroom 3: On 2nd Floor, Dimensions: 10 x 12
  • Bedroom 4: On 2nd Floor, Dimensions: 10 x 11
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Bathroom 1: On Level: Second
  • Bathroom 2: On Level: Second
  • Bathroom 3: On Level: First
  • Room Types: Primary Bdrm Suite
  • Dining Room: On 1st Floor, Dimensions: 10 x 13
  • Family Room: On Lower Floor, Dimensions: 38 x 13
  • Kitchen: On 1st Floor, Dimensions: 20 x 14
  • Living Room: On 1st Floor, Dimensions: 18 x 14
  • Below Grade Sq Ft: 646
  • Finished Below Grade Sq Ft: 494
  • Above Grade Finished Sq Ft: 1858
  • Total Finished Sq Ft: 1786
  • Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Porch
  • Lake Name: n
  • Road: City/County
  • Out Buildings: Shed

Garage/Parking

  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 052-184-004-00
  • Acreage: 1.65
  • Geo Subdivision: MI

Tax Info

  • Total Tax: Year: 2017

MLS Schools

  • School District: Houghton-Portage Twp Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2017
Closed on
May 3, 2018
Sold by
Joachim Gernot A and Joachim Julia M
Bought by
Tang Xiaohu and Chunxiu Yu
Seller's Agent
Julie Waara
NORTHERN MICHIGAN LAND BROKERS - H
Buyer's Agent
Laurel Maki
CENTURY 21 AFFILIATED
List Price
$299,000
Sold Price
$271,500
Premium/Discount to List
-$27,500
-9.2%
Current Estimated Value
$479,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,688
Avg. Annual Appreciation
7.94%
Original Mortgage
$217,200
Outstanding Balance
$128,845
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$350,343
Source: Public Records

Range of Values:

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Average Value
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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
Tang Xiaohu $271,500 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tang Xiaohu $217,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2018 05/08/18 Sold $271,500 -9.2% $152 / Sq Ft
03/15/2018 03/15/18 Pending -- -- --
09/23/2017 09/23/17 For Sale $299,000 -- $167 / 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 $6,531 $178,602 $0 $0
2024 $5,038 $171,294 $0 $0
2023 $4,800 $151,339 $0 $0
2022 $5,938 $132,352 $0 $0
2021 $5,808 $126,827 $0 $0
2020 $5,727 $124,233 $0 $0
2019 $5,623 $121,194 $0 $0
2018 $5,396 $124,779 $0 $0
2017 $5,129 $117,792 $0 $0
2016 -- $115,187 $0 $0
2015 -- $119,080 $0 $0
2014 -- $115,978 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10030003

Upper Peninsula Association of REALTORS®

APN: 052-184-004-00