NOT LISTED FOR SALE

17047 Silver Rd Michigamme, MI 49861

Estimated Value: $516,199 - $836,000

3 Beds
2 Baths
2,064 Sq Ft
$316/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $420,000 $203 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,727/month

20 Days on Market

Highlights

  • Lake Front
  • Spa
  • Porch
  • Greenhouse
  • 2 Car Detached Garage
  • Patio

About This Home

As of August 2022

Over 250 feet with 1.4 acres on Lake Michigamme located at the end of Silver Road lying on the south side of a point with east south/east facing sunrise views. This turn key property sits on a high ridgeline with easy stair and drivable trail road access to a large flat area that is lakeside. Awesome lake access with small gravel bottom that is in a fairly protected bay which is key on this massive and sometimes rough inland lake. The home has a main bedroom with large closet, full bath and laundry on the main level. A beautiful three season room with large attached deck provide awesome lake views. The kitchen, living and dining room all flow together and have lake views as well. The walkout basement has two standard bedroom with an additional non conforming bedroom and an office or craft room. There is a 3/4 bath along with a bar area and living room which directly access the lower patio which contains a hot tub. A large detached garage and greenhouse complete the buildings. The entire parcel has wonderful landscaping, flower beds, and viewing/sitting areas. There is trex decked stair leading down the ridge to the lake. An ATV or golf cart could easy drive down the path also. This is technically seasonal access but the Sellers have and a few neighbors still do plow and live hear year round. Whether a summer cottage or your new full time home, this property is outstanding in every way. Showing can start June 16th. Any/all offers to be submitted by 6/24 at 12pm.

Last Agent to Sell the Property

Rob Sullivan

NORTHERN MICHIGAN LAND BROKERS License #UPAR-6502362192 Listed on: 06/15/2022

Last Buyer's Agent

Daniel Menard

COLDWELL BANKER SCHMIDT REALTORS License #UPAR

COLDWELL BANKER SCHMIDT REALTORS

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

Year Built

  • Built in 2003

Lot Details

  • 1.4 Acre Lot
  • 252 Ft Wide Lot
  • Lake Front
  • Street terminates at a dead end

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Gas Fireplace
  • Living Room with Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Block Basement Construction

Outdoor Features

  • Spa
  • Patio
  • Greenhouse
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Liquid Propane Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 52-12-304-003-09

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$32

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Modular
  • Structure Style: 1 Story
  • Total Tax Amount: 3849.26
  • Year Built: 2003
  • Mail City: Michigamme
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: Basement Fireplace, Gas Fireplace, LivRoom Fireplace
  • Basement: Yes
  • Basement: Block, Full, Walk Out
  • Bedrooms: 3
  • Bedroom 1: On Main Floor, Dimensions: 11 x 13
  • Bedroom 2: In Basement, Dimensions: 13 x 7
  • Bedroom 3: In Basement, Dimensions: 13 x 9
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 10 x 6, On Level: Main
  • Bathroom 2: Dimensions: 6 x 8, On Level: Basement
  • Room Types: First Floor Laundry, First Flr Primary Bedroom, Basement Full Bath
  • Dining Room: On Main Floor, Dimensions: 14 x 11
  • Kitchen: On Main Floor, Dimensions: 12 x 11
  • Living Room: On Main Floor, Dimensions: 15 x 17
  • Sun Room: On Main Floor, Dimensions: 12 x 12
  • Other Room1: Dimensions: 9x10, On Level: Basement
  • Other Room 2: Dimensions: 14x25, On Level: Basement
  • Below Grade Sq Ft: 1064
  • Finished Below Grade Sq Ft: 1000
  • Above Grade Finished Sq Ft: 1064
  • Total Finished Sq Ft: 2064

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Patio, Porch, Spa/Hot Tub
  • Foundation: Basement
  • Frontage: 252
  • Lake Name: Lake Michigamme
  • Road: Private Road
  • Water Features: All Sports Lake, Interior Lake
  • Out Buildings: Greenhouse

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Propane Hot Water

Lot Info

  • Assessor Parcel Number: 52-12-304-003-09
  • Zoning: Residential
  • Lot Dimensions: 1.4 acres
  • Acreage: 1.4
  • Geo Subdivision: MI
  • Site/Lot Features: Dead End

Tax Info

  • Summer Tax: Year: 2021, Amount: $1,857.49
  • Winter Tax: Year: 2022, Amount: $1,987.77
  • Total Tax: Amount: $3,849.26
  • SEV Year: 2022

MLS Schools

  • School District: Republic Michigamme Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Aug 5, 2022
Sold by
Bergin William F and Livi Nancy
Bought by
Racine Amy E and Brown Paul K
Seller's Agent
Rob Sullivan
NORTHERN MICHIGAN LAND BROKERS
Buyer's Agent
Daniel Menard
COLDWELL BANKER SCHMIDT REALTORS
List Price
$430,000
Sold Price
$420,000
Premium/Discount to List
-$10,000
-2.33%
Current Estimated Value
$680,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,174
Avg. Annual Appreciation
15.65%
Original Mortgage
$336,000
Outstanding Balance
$321,582
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$329,968

Purchase Details

Closed on
Nov 9, 2000
Bought by
Bergin William and Bergin Nancy
Source: Public Records

Range of Values:

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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
Racine Amy E $420,000 Transnation Title Agency
Bergin William $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Racine Amy E $336,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2022 08/05/22 Sold $420,000 -2.3% $203 / Sq Ft
07/05/2022 07/05/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $430,000 -- $208 / 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 $32 $216,000 $0 $0
2024 $32 $212,700 $0 $0
2023 $2,005 $200,500 $0 $0
2022 $3,836 $161,400 $0 $0
2021 $3,845 $169,200 $0 $0
2020 $3,820 $161,400 $0 $0
2019 $3,613 $151,300 $0 $0
2018 $3,707 $172,850 $0 $0
2017 $3,671 $172,050 $0 $0
2016 $3,573 $210,200 $0 $0
2015 -- $210,200 $0 $0
2014 -- $161,300 $0 $0
2012 -- $155,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50078678

Upper Peninsula Association of REALTORS®

APN: 52-12-304-003-09