NOT LISTED FOR SALE

1543 E Martin Lake Trail Gwinn, MI 49841

Estimated Value: $124,000 - $232,000

3 Beds
1 Bath
996 Sq Ft
$186/Sq Ft Est. Value

Last Sold July 18, 2022

Last sale price $200,000 $201 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $1,005/month

8 Days on Market

Highlights

  • Lake Front
  • Deck
  • Shed
  • Chalet
  • Cathedral Ceiling
  • Baseboard Heating

About This Home

As of July 2022

Adorable, clean, and quaint cabin on Martin Lake! Meticulously maintained inside and out. Entering from the lake side you encounter the cabins open living area with corner propane woodstove, vaulted ceilings, and bright windows! There is a sunroom that also makes a beautiful primary bedroom with large windows and sliding glass door leading out to the deck. The homes second bedroom is also on the main level as well as the bathroom. The upper level is the third bedroom loft area! You will be impressed with the panoramic views of the lake and the easy access to the water’s edge! Martin Lake is a no wake lake, and its depth varies but has been measured in areas at 18-20 feet deep. Fishermen will find a variety of fish including northern pike, perch, crappie, largemouth bass, sunfish, and blue gill. The largest fish from the dock was caught on Father’s Day 2019: 32.5 inches! Located with an abundance of state hunting land just outside your door, over 2,000 acres and located less than 1/2 mile from major snowmobile trails! No matter where you decide to sit and relax, the deck, the dock or floating in the water, you will love to call this cabin your getaway! ALL OFFERS DUE SUNDAY, JUNE 5, 2022 BY 12:00 P.M. RESPONSE BY MONDAY JUNE 6, 2022 BY 5:00 P.M

Last Agent to Sell the Property

Cheryl Jackson

RE/MAX 1ST REALTY License #UPAR Listed on: 05/27/2022

RE/MAX 1ST REALTY

Last Buyer's Agent

Craig Goff

KELLER WILLIAMS FIRST UP License #UPAR-6501437750

KELLER WILLIAMS FIRST UP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1997

Lot Details

  • 1.43 Acre Lot
  • 350 Ft Wide Lot
  • Lake Front

Home Design

  • Chalet
  • Pillar, Post or Pier Foundation

Interior Spaces

  • 996 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Crawl Space
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Shed

Utilities

  • Heating System Uses Propane
  • Baseboard Heating
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 52-05-006-021-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$12

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Chalet
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 2715.14
  • Year Built: 1997
  • Mail City: Gwinn
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cathedral/Vaulted Ceiling
  • Appliances: Range/Oven, Refrigerator
  • Fireplace: Yes
  • Fireplaces: LivRoom Fireplace
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 11 x 15
  • Bedroom 2: On 1st Floor, Dimensions: 11 x 11
  • Bedroom 3: On 2nd Floor, Dimensions: 15 x 12
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 9 x 7, On Level: First
  • Dining Room: On 1st Floor, Dimensions: 9 x 11
  • Kitchen: On 1st Floor, Dimensions: 9 x 8
  • Living Room: On 1st Floor, Dimensions: 15 x 11
  • Above Grade Finished Sq Ft: 996
  • Total Finished Sq Ft: 996

Exterior Features

  • Exterior Features: Deck
  • Foundation: Crawl, Piller/Post/Pier
  • Frontage: 350
  • Lake Name: Martin Lake
  • Road: Private Road, Seasonal
  • Water Features: Lake Frontage, Water View, Waterfront, Interior Lake
  • Waterfront: Yes
  • Out Buildings: Shed
  • Frontage Type: Water

Garage/Parking

  • Garage: No

Utilities

  • Heating: Baseboard, Electric Heat
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Private Well

Lot Info

  • Assessor Parcel Number: 52-05-006-021-00
  • Zoning: Residential
  • Lot Dimensions: 350 (full to come)
  • Acreage: 1.43

Tax Info

  • Summer Tax: Year: 2021, Amount: $623.00
  • Winter Tax: Year: 2021, Amount: $2,092.14
  • Taxable Value: 54857
  • Total Tax: Amount: $2,715.14
  • SEV Year: 2021

MLS Schools

  • School District: Gwinn Area Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Jul 18, 2022
Sold by
Harvey Joseph P and Harvey Kami J
Bought by
Truscott Michael and Truscott Susan
Seller's Agent
Cheryl Jackson
RE/MAX 1ST REALTY
Buyer's Agent
Craig Goff
KELLER WILLIAMS FIRST UP
List Price
$195,900
Sold Price
$200,000
Premium/Discount to List
$4,100
2.09%
Current Estimated Value
$185,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,333
Avg. Annual Appreciation
-1.56%
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
Truscott Michael $200,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2022 07/18/22 Sold $200,000 +2.1% $201 / Sq Ft
06/04/2022 06/04/22 Pending -- -- --
05/27/2022 05/27/22 For Sale $195,900 +78.1% $197 / Sq Ft
07/25/2019 07/25/19 Sold $110,000 -5.6% $126 / Sq Ft
06/25/2019 06/25/19 Pending -- -- --
06/19/2019 06/19/19 For Sale $116,500 -- $133 / 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 $12 $93,800 $0 $0
2024 $12 $79,700 $0 $0
2023 $1,102 $73,000 $0 $0
2022 $2,802 $54,100 $0 $0
2021 $2,715 $82,600 $0 $0
2020 $2,676 $54,100 $0 $0
2019 $1,550 $38,700 $0 $0
2018 $1,512 $40,200 $0 $0
2017 $1,432 $38,400 $0 $0
2016 $1,423 $37,100 $0 $0
2015 -- $37,100 $0 $0
2014 -- $37,650 $0 $0
2012 -- $40,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50076265

Upper Peninsula Association of REALTORS®

APN: 52-05-006-021-00