NOT LISTED FOR SALE

151 E Lake St Michigamme, MI 49861

Estimated Value: $140,000 - $219,538

2 Beds
1.5 Baths
768 Sq Ft
$234/Sq Ft Est. Value

Last Sold June 13, 2019

Last sale price $144,900 $189 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,002/month

Highlights

  • Lake Front
  • Raised Ranch Architecture
  • 4 Car Detached Garage
  • Deck
  • Main Floor Bedroom
  • Bathroom on Main Level

About This Home

As of June 2019

Cute 2BR 1BA home with full walkout basement and two car detached garage on four city lots with a great view of Lake Michigamme! There is an additional lake lot on Lake Michigamme across the street with two car detached garage that comes with it. Home has two bedrooms and full bath on the main level. This would be the perfect year round home or recreational getaway! Call for an appointment today!

Last Listed By

Dale Gordon

NORTHERN MICHIGAN LAND BROKERS - H License #UPAR-6501310694 Listed on: 05/10/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $0

Year Built

  • Built in 1973

Lot Details

  • 1 Acre Lot
  • 75 Ft Wide Lot
  • Lake Front

Home Design

  • Raised Ranch Architecture
  • Wood Siding

Interior Spaces

  • 768 Sq Ft Home
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level

Parking

  • 4 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Wood

Listing and Financial Details

  • Assessor Parcel Number 52-09-510-074-00, 52-09-510-07

Home Details

Home Type

Single Family

Est. Annual Taxes

$0

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Raised Ranch
  • Year Built: 1973
  • Mail City: Michigamme
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Range/Oven
  • Basement: Yes
  • Basement: Full
  • Bedrooms: 2
  • Bedroom 1: On 1st Floor, Dimensions: 10 x 10
  • Bedroom 2: On 1st Floor, Dimensions: 9 x 9
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: On Level: First
  • Bathroom 2: On Level: Lower
  • Room Types: First Floor Bedroom, First Flr Full Bathroom
  • Kitchen: On 1st Floor, Dimensions: 11 x 15
  • Living Room: On 1st Floor, Dimensions: 12 x 15
  • Above Grade Finished Sq Ft: 1536
  • Total Finished Sq Ft: 768
  • Half Bathrooms: 1

Exterior Features

  • Exterior: Wood
  • Exterior Features: Deck
  • Foundation: Basement
  • Frontage: 75
  • Lake Name: Lake Michigamme
  • Road: City/County
  • Water Features: Lake Frontage, Interior Lake
  • Waterfront: Yes
  • Frontage Type: Water

Garage/Parking

  • Garage: Detached Garage, Gar Door Opener
  • Garage Spaces: 4
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Oil, Wood
  • Sewer: Public Sanitary
  • Water: Private Well
  • Cooling: Ceiling Fan(s)

Lot Info

  • Assessor Parcel Number: 52-09-510-074-00, 52-09-510-07
  • Acreage: 1
  • Geo Subdivision: MI

MLS Schools

  • School District: Republic Michigamme Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2023
Sold by
Chultz Cole S
Bought by
Brown Nathan and Schultz Victoria
Current Estimated Value
$179,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Outstanding Balance
$148,733
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$31,036

Purchase Details

Closed on
Jul 25, 2018
Sold by
Lorraine Gardner Phyllis
Bought by
Phyllis L Gardner Revocable Li

Range of Values:

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Average Value
Not Available
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
Brown Nathan $160,000 None Listed On Document
Phyllis L Gardner Revocable Li -- Wideman Filizetti Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Nathan $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2019 06/13/19 Sold $144,900 0.0% $189 / Sq Ft
05/10/2019 05/10/19 For Sale $144,900 -- $189 / Sq Ft
05/08/2019 05/08/19 Pending -- -- --
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
2024 $0 $1,900 $0 $0
2023 $18 $1,800 $0 $0
2022 $92 $3,300 $0 $0
2021 $99 $3,400 $0 $0
2020 $98 $3,300 $0 $0
2019 $26 $3,000 $0 $0
2018 $26 $3,000 $0 $0
2017 $26 $3,000 $0 $0
2016 $25 $3,750 $0 $0
2015 -- $3,750 $0 $0
2014 -- $3,750 $0 $0
2012 -- $3,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Upper Peninsula Association of REALTORS®

MLS Number: 10035909

Upper Peninsula Association of REALTORS®

APN: 52-09-510-073-00