NOT LISTED FOR SALE

18896 Herman Rd Unit Lat 46.70875 Lon -88 Lanse, MI 49946

Estimated Value: $314,184 - $397,000

5 Beds
3 Baths
2,322 Sq Ft
$153/Sq Ft Est. Value

Last Sold November 23, 2015

Last sale price $146,000 $63 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $2,060/month

610 Days on Market

Highlights

  • Waterfront
  • Wood Burning Stove
  • Fireplace
  • 51.2 Acre Lot
  • Pole Barn
  • Porch

About This Home

As of November 2015

164 Acre Michigan Hobby Farm For Sale - This beautiful rural property is located in central Baraga County, in Michigan’s Upper Peninsula! It has 3,900 feet of frontage on both sides of Daults Creek for some awesome trout fishing at your front door! This creek originates in the "high country". Its waters flow north-westerly to join (with six other creeks) the Falls River, about two miles south of its mouth, and then flows into Lake Superior. Just a few feet north of the property is the Daults Creek Water Falls, a 15-20 foot falls. The property is located centrally "as the Crow Flies" between the Village of L'Anse on Lake Superior, and the Historic Village of Herman, which was a flourishing early 1900s community that supported the areas lumber camps and productive farms. The primary access to Herman Village during that time was via the Duluth South Shore and Atlantic Railway. Now, called the Canadian National, a section of this railway, passes through the property. There are trails throughout the varied terrain, and the boundaries of the three parcels have been blazed and marked. The area provides excellent black bear, whitetail deer, and grouse hunting. The homes main floor features a large 14x21 Living Room, with adjoining 12x13 Den that has custom built bookcase/cabinets. The galley style Kitchen opens to a 12x17 Dining Area which also has custom built china display cabinets. This country style room also has a free standing wood stove for heating with a flat surface for cooking. A 7x8 Food Pantry/Utility Room, and a 3/4 Bath complete the first floor. A wide oak wood stairway leads to the second floor central "Landing Room" which is ideal for a reading/studying/relaxing area. There are 5 Bedrooms on this floor and a Full Bath. The Main Bedroom is "L Shaped" with an 8x11 wing, and an 11x12 wing. This room leads to the 5th Bedroom, which is now being used as an Office. Below level is a 18x34 block basement, with a walk-out entrance to the back yard. The metal and wood sided home is surrounded by a 338 Square Foot full covered sidewalk around the house, for lounging and entertaining. There are beautiful views in every direction of the surrounding lawns, gardens, fruit trees, and berry patches. Attached to the home is a 16x27 1-Car Garage, and a 17x27 Work Shop that has a 1/2 Bath, and loft mezzanine area. This "Hobby Farm" includes an 8x18 Garden Shed, a 12x20 Guest House and a 50x75 Metal Storage Building (with 15-foot high door) that was built by the former owner to store his tree service heavy equipment. This property is quiet and beautiful, though only minutes away from shopping, hospital, and schools. PRICED BELOW APPRAISED VALUE!! Please make your appointment for a private home and property tour today!

Last Agent to Sell the Property

Tim Keohane

GREAT LAKES & LAND OF MARQUETTE, INC. License #UPAR Listed on: 02/03/2014

Last Buyer's Agent

Tim Keohane

GREAT LAKES & LAND OF MARQUETTE, INC. License #UPAR Listed on: 02/03/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,094

Year Built

  • Built in 1985

Lot Details

  • 51.2 Acre Lot
  • Lot Dimensions are 1660x2350x1320x1514
  • Waterfront

Parking

  • 1 Car Garage

Home Design

  • Wood Siding

Interior Spaces

  • 2,322 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Wood Burning Stove
  • Oven or Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathroom on Main Level

Basement

  • Walk-Out Basement
  • Partial Basement

Outdoor Features

  • Access to stream, creek or river
  • Pole Barn
  • Shed
  • Porch

Utilities

  • Hot Water Heating System
  • Heating System Uses Wood
  • Heating System Uses Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 07-004-372-017-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,094

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 2 Story
  • Year Built: 1985
  • Mail City: L'Anse
  • Unit Number Building Number: Lat 46.70875 Lon -88.42522
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Range/Oven
  • Fireplace: Yes
  • Fireplaces: Wood Stove
  • Basement: Yes
  • Basement: Walk Out, Partial
  • Bedrooms: 5
  • Bedroom 1: On 2nd Floor, Dimensions: 16 x 18
  • Bedroom 2: On 2nd Floor, Dimensions: 9 x 15
  • Bedroom 3: On 2nd Floor, Dimensions: 11 x 12
  • Bedroom 4: On 2nd Floor, Dimensions: 8 x 11
  • Bedroom 5: On 2nd Floor, Dimensions: 9 x 15
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Bathroom 1: On Level: First
  • Bathroom 2: On Level: Second
  • Bathroom 3: On Level: First
  • Room Types: First Flr Full Bathroom
  • Breakfast Nook: On 1st Floor, Dimensions: 12 x 17
  • Kitchen: On 1st Floor, Dimensions: 7 x 13
  • Living Room: On 1st Floor, Dimensions: 14 x 21
  • Below Grade Sq Ft: 620
  • Above Grade Finished Sq Ft: 2322
  • Total Finished Sq Ft: 2322
  • Half Bathrooms: 2

Exterior Features

  • Exterior: Aluminum, Wood
  • Exterior Features: Porch
  • Foundation: Partial Basement
  • Lake Name: Daults Creek
  • Water Features: Creek/Stream/Brook
  • Waterfront: Yes
  • Out Buildings: Pole Barn, Shed

Garage/Parking

  • Garage Spaces: 1
  • Garage: Yes

Utilities

  • Heating: Hot Water
  • Heating Fuel: LP/Propane Gas, Wood
  • Sewer: Septic
  • Water: Private Well

Lot Info

  • Assessor Parcel Number: 07-004-372-017-00
  • Lot Dimensions: 1660x2350x1320x1514
  • Acreage: 51.2
  • Geo Subdivision: MI

MLS Schools

  • School District: L'anse Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2014
Closed on
Nov 12, 2015
Sold by
Eric Olsen
Bought by
Hemmila Jeffrey R and Hemmila Kristin T
Seller's Agent
Tim Keohane
GREAT LAKES & LAND OF MARQUETTE, INC.
Buyer's Agent
Tim Keohane
GREAT LAKES & LAND OF MARQUETTE, INC.
List Price
$339,000
Sold Price
$146,000
Premium/Discount to List
-$193,000
-56.93%
Current Estimated Value
$355,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,592
Avg. Annual Appreciation
9.41%
Source: Public Records

Range of Values:

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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
Hemmila Jeffrey R $146,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2015 11/23/15 Sold $146,000 -56.9% $63 / Sq Ft
10/06/2015 10/06/15 Pending -- -- --
02/03/2014 02/03/14 For Sale $339,000 -- $146 / 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 $2,094 $115,542 $0 $0
2024 $1,654 $97,142 $0 $0
2023 $1,575 $81,484 $0 $0
2022 $16 $76,841 $0 $0
2021 $1,885 $75,883 $0 $0
2020 $1,864 $72,981 $0 $0
2019 $1,829 $71,553 $0 $0
2018 -- $63,418 $0 $63,418
2017 -- $62,114 $0 $0
2016 -- $61,560 $0 $0
2015 -- $61,376 $0 $0
2014 -- $60,410 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10011895

Upper Peninsula Association of REALTORS®

APN: 004-372-017-00