NOT LISTED FOR SALE

197 Midway Dr Negaunee, MI 49866

Estimated Value: $148,000 - $294,000

5 Beds
2 Baths
2,204 Sq Ft
$102/Sq Ft Est. Value

Last Sold May 29, 2024

Last sale price $120,000 $54 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $1,225/month

27 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Living Room
  • Lakeview Elementary School Rated A-
  • 3 Car Attached Garage
  • Forced Air Heating System

About This Home

As of May 2024

Cleanout and fixer-upper home nestled in a prime location! This spacious property boasts endless potential, featuring hardwood floors, a cozy gas fireplace, and convenient main floor laundry. With 4 bedrooms and 1 bath in the main home, plus a separate 1 bedroom, 1 bath above the garage, there's ample space for a growing family or guest suite. The breezeway connecting the apartment to the garage offers versatility and convenience. Imagine the possibilities for customization or renovation to suit your lifestyle needs. Situated on over 1 acre of land, this property provides plenty of space for outdoor activities and landscaping. The 3-car garage offers ample storage for vehicles, tools, or hobbies. (new garage doors needed) Home is as is, and for sure needs work. While this home requires TLC and cosmetic updates, its fantastic location and potential make it a worthwhile investment. Please note that the water is currently off in the apartment, and both the yard and home require debris removal, which will be the responsibility of the buyer after closing. All other utility is on. Showings will be confirmed for proof of funds buyers only.

Last Agent to Sell the Property

Missy Lehtomaki

RE/MAX 1ST REALTY License #UPAR Listed on: 04/03/2024

RE/MAX 1ST REALTY

Last Buyer's Agent

Missy Lehtomaki

RE/MAX 1ST REALTY License #UPAR Listed on: 04/03/2024

RE/MAX 1ST REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1949

Lot Details

  • 1.18 Acre Lot
  • 306 Ft Wide Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Frame Construction

Interior Spaces

  • 2,204 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room
  • Formal Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Breezeway

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 52-10-124-031-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$7

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type: Residential
  • Type Of Property: Single Family
  • Architecture Style: Conventional Frame
  • Structure Style: 2 Story
  • Total Tax Amount: 1104
  • Total Tax Year: 2023
  • Year Built: 1949
  • Mail City: Negaunee
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Hardwood Floors
  • Appliances: Negotiable (Appliances)
  • Fireplace: Yes
  • Fireplaces: Gas Fireplace
  • Basement: Yes
  • Basement: Full, Interior Access
  • Bedrooms: 5
  • Bedroom 1: On 1st Floor, Dimensions: 13 x 9
  • Bedroom 1 Floor Covering: Wood
  • Bedroom 2: On 1st Floor, Dimensions: 9 x 9
  • Bedroom 3: On 2nd Floor, Dimensions: 12 x 10
  • Bedroom 4: On 2nd Floor, Dimensions: 14 x 11
  • Bedroom 4 Floor Covering: Wood
  • Bedroom 5: On 2nd Floor, Dimensions: 17 x 10
  • Bedroom 5 Floor Covering: Wood
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 9 x 5, On Level: First
  • Bathroom 2: Dimensions: 8 x 4, On Level: Second
  • Room Types: Breezeway, First Floor Laundry, Living Room, Formal Dining Room
  • Dining Room: On 1st Floor, Dimensions: 12 x 12
  • Dining Room Floor Covering: Wood
  • Kitchen: On 1st Floor, Dimensions: 18 x 9
  • Laundry: On 1st Floor, Dimensions: 8 x 7
  • Living Room: On 1st Floor, Dimensions: 17 x 13
  • Living Room Floor Covering: Wood
  • Below Grade Sq Ft: 862
  • Above Grade Finished Sq Ft: 2204
  • Total Finished Sq Ft: 2204

Exterior Features

  • Exterior: Aluminum
  • Exterior Features: Fence Neighbor Owned
  • Foundation: Basement
  • Frontage: 306
  • Road: City/County
  • Out Buildings: None (OtherStructures)
  • Frontage Type: Road

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 3
  • Parking: 3 or More Spaces
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Other

Lot Info

  • Assessor Parcel Number: 52-10-124-031-00
  • Zoning: Residential
  • Lot Dimensions: 472X61x306 Irregular
  • Acreage: 1.18
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2023, Amount: $709.00
  • Winter Tax: Year: 2023, Amount: $395.00
  • Total Tax: Year: 2023, Amount: $1,104.00

MLS Schools

  • School District: Negaunee Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2024
Closed on
May 30, 2024
Sold by
Spike Allen G and Loven Bradley P
Bought by
Moore Gail H and Moore Johanna M
Seller's Agent
Missy Lehtomaki
RE/MAX 1ST REALTY
Buyer's Agent
Missy Lehtomaki
RE/MAX 1ST REALTY
List Price
$155,000
Sold Price
$120,000
Premium/Discount to List
-$35,000
-22.58%
Views
145
Current Estimated Value
$225,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,059
Avg. Annual Appreciation
73.82%
Original Mortgage
$80,000
Outstanding Balance
$66,137
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving
Estimated Equity
$176,026

Purchase Details

Closed on
Mar 12, 2024
Sold by
Fifth Third Bank National Association Ak
Bought by
Federal Home Loan Mtg Corp

Purchase Details

Closed on
Feb 15, 2024
Sold by
Deputy Sheriff In And For Marquette Coun
Bought by
Fifth Third Bank National Association

Purchase Details

Closed on
Jan 16, 2004
Bought by
Spike Allen
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
Moore Gail H $120,000 None Listed On Document
Federal Home Loan Mtg Corp -- None Listed On Document
Fifth Third Bank National Association $89,156 None Listed On Document
Spike Allen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Johanna M $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2024 05/29/24 Sold $120,000 -13.7% $54 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/23/2024 04/23/24 Price Changed $139,000 -10.3% $63 / Sq Ft
04/03/2024 04/03/24 For Sale $155,000 -- $70 / 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 $7 $124,800 $0 $0
2024 $7 $119,400 $0 $0
2023 $709 $101,500 $0 $0
2022 $1,194 $83,200 $0 $0
2021 $971 $88,300 $0 $0
2020 $926 $83,200 $0 $0
2019 $899 $74,000 $0 $0
2018 $891 $75,300 $0 $0
2017 $827 $78,900 $0 $0
2016 $807 $74,900 $0 $0
2015 -- $74,900 $0 $0
2014 -- $74,400 $0 $0
2012 -- $70,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50137520

Upper Peninsula Association of REALTORS®

APN: 52-10-124-031-00