NOT LISTED FOR SALE

24703 Soggy Bottom Rd Michigamme, MI 49861

Estimated Value: $52,461 - $206,000

1 Bed
-- Bath
572 Sq Ft
$228/Sq Ft Est. Value

Last Sold May 23, 2019

Last sale price $26,000 $45 Per Sq Ft

Est. 401% increase in value since last sale

Current estimated payment $746/month

252 Days on Market

Highlights

  • Lake Front
  • 1-Story Property
  • Wood Siding
  • Shed
  • 1 Car Garage
  • Heating System Uses Wood

About This Home

As of May 2019

Southern exposure lakefront property on the border of Marquette and Baraga counties. This property has 118 feet of shoreline on beautiful Lake Ruth. Included is a modest fish camp that can be immediately used. This area is a mecca for Anglers. Ruth Lake (a 192-Acre, 36-Feet Deep lake) is a highly clear water lake and is just to the west of the property. It is fed by four creeks. There are some islands in the lake. The bottom is 40% sand, 30% rock rubble and 30% silt, where you can expect to find a good number of Largemouth bass and Walleyes. Some Bluegills, Bullheads, Burbot, Pumpkinseeds, Rock bass, Smallmouth bass and Northern pike are also caught in this lake. Lake Ruth empties into Lake George, via a small creek. George Lake (a 160-Acre, 40-Feet Deep lake) which connects via a narrow channel to Beaufort Lake (462-Acre, 35-Feet Deep lake) is across the US Highway from Ruth lake. Beaufort to the south is the largest lake in the Three Lakes chain. It covers 462 acres and has a maximum depth of 35 feet. This lake also contains Northern pike, Perch, Smallmouth and Rock bass, and Walleyes. Further on to the south is Petticoat Lake. This lake is 73 acres in size and about 25 feet deep. It produces Northern pike, Perch, Pumkinseed sunfish, Smallmouth bass, and some Walleye. If you want to adventure to other nearby areas that offer outdoor activities, you will want to see the Canyon Falls - known as the "Grand Canyon of the Upper Peninsula" - just a few minutes up the highway. A well-maintained hiking trail there allows exploring by all ages. Lake Michigamme the largest lake in the area, about 10 minutes away, covers 4,292 acres and reaches a depth of over 70 feet. An "All Sports" Lake, fishing is available here, as well as swimming and boating! The north-east corner of the property touches Copper County State Forest Lands, which are adjacent to thousands more acres of Corporate CFA Lands, for walk-in access for hunting, trapping, and more lake and stream fishing in season. Craig Lake State Park is only a few miles away to the north-east. Moose, Black Bear, Whitetail Deer, Beaver, Bobcat, Coyote, Ruffed grouse, and Varying hare are common here. Sightings of Moose are also possible in the area. The main east-west Multi-Use State Trail No. 8 for year-round motor sports, and the North Country Trail for hiking and horseback riding are a few minutes away. The wooded parcel has power and telephone available. For your convenience, there are cabin and motel rentals, a grocery-gas station, marine sales and service, snowmobile service and bar-restaurants close by.

Last Listed By

Matt Meehleder

GREAT LAKES AND LAND REAL ESTATE COMPANY License #UPAR Listed on: 08/14/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $285

Year Built

  • Built in 1940

Lot Details

  • 0.45 Acre Lot
  • 118 Ft Wide Lot
  • Lake Front

Parking

  • 1 Car Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1 Bedroom
  • 572 Sq Ft Home
  • 1-Story Property

Additional Features

  • Shed
  • Heating System Uses Wood

Listing and Financial Details

  • Assessor Parcel Number 005-067-022-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$285

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 1 Story
  • Year Built: 1940
  • Mail City: Michigamme
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bedrooms: 1
  • Above Grade Finished Sq Ft: 572
  • Total Finished Sq Ft: 572

Exterior Features

  • Exterior: Log, Wood
  • Frontage: 118
  • Lake Name: Lake Ruth
  • Road: City/County
  • Water Features: Lake Frontage, Interior Lake
  • Waterfront: Yes
  • Out Buildings: Shed
  • Frontage Type: Water

Garage/Parking

  • Garage Spaces: 1
  • Garage: Yes

Utilities

  • Heating Fuel: Electric, Wood
  • Sewer: None
  • Water: None

Lot Info

  • Assessor Parcel Number: 005-067-022-00
  • Lot Dimensions: 118x200x82 irreg
  • Acreage: 0.45
  • Geo Subdivision: MI

MLS Schools

  • School District: Republic Michigamme Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2018
Closed on
May 22, 2019
Sold by
Carr James H
Bought by
Collins Danny A and Collins Nicole T
Seller's Agent
Matt Meehleder
GREAT LAKES AND LAND REAL ESTATE COMPANY
Buyer's Agent
Matt Meehleder
GREAT LAKES AND LAND REAL ESTATE COMPANY
List Price
$36,800
Sold Price
$26,000
Premium/Discount to List
-$10,800
-29.35%
Total Days on Market
252
Current Estimated Value
$130,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,154

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
Collins Danny A $26,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2019 05/23/19 Sold $26,000 -29.3% $45 / Sq Ft
04/23/2019 04/23/19 Pending -- -- --
08/14/2018 08/14/18 For Sale $36,800 -- $64 / 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
2024 $285 $35,232 $0 $0
2023 $271 $18,473 $0 $0
2022 $1,501 $18,353 $0 $0
2021 $820 $17,060 $0 $0
2020 $1,075 $34,335 $0 $0
2019 $617 $34,776 $0 $0
2018 -- $13,817 $0 $13,817
2017 -- $13,533 $0 $0
2016 -- $13,413 $0 $0
2015 -- $13,373 $0 $0
2014 -- $13,163 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10033402

Upper Peninsula Association of REALTORS®

APN: 005-067-022-00