NOT LISTED FOR SALE

Estimated Value: $29,755 - $149,000

0.27 Acre
$331,030 Price per Acre
11,761 Sq Ft Lot

Last Sold June 02, 2023

Last sale price $17,500

Est. 463% increase in value since last sale

Current estimated payment $522/month

20 Days on Market

About This Lot

As of June 2023

Large flat lot in downtown Michigamme. Just a few blocks from a public sandy beach and park on Lake Michigamme. There are 2 structures on the property, the former house has water, sewer, and electric connected and an open well in the back yard. With some elbow grease the house could be livable again, inside is dry and solid. There is another structure that could be used to make a great storage barn or workshop!

Last Agent to Sell the Property

Travis Ryan

FRESHDOOR REAL ESTATE License #UPAR-6502432529 Listed on: 04/26/2023

Last Buyer's Agent

Tim Keohane

GREAT LAKES & LAND OF MARQUETTE, INC. License #UPAR

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $151

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 75x150

Listing and Financial Details

  • Assessor Parcel Number 52-09-520-033-00

Property Details

Property Type

Land

Est. Annual Taxes

$151

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: VACANT LAND
  • Type Of Property: Vacant Land
  • Style: Vacant Land
  • Total Tax Amount: 151
  • Mail City: Michigamme
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: 75
  • Sideof Street: S
  • Roads: City/County, Black Top
  • Frontage Type: Road

Utilities

  • Water: Public Water
  • Sewer/Septic System: Public Sanitary
  • Fuel On Site: Electric

Schools

  • School District: Republic Michigamme Schools

Lot Info

  • Assessor Parcel Number: 52-09-520-033-00
  • Location: Main Street
  • Acreage: 0.27
  • Zoning: Residential
  • Lot Size: 75X150
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $151.00
  • Winter Tax: Year: 2022
  • Total Tax: Amount: $151.00

MLS Schools

  • School District: Republic Michigamme Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2023
Closed on
Jun 2, 2023
Sold by
Pasanen Todd
Bought by
Webster Michael J
Seller's Agent
Travis Ryan
FRESHDOOR REAL ESTATE
Buyer's Agent
Tim Keohane
GREAT LAKES & LAND OF MARQUETTE, INC.
List Price
$19,500
Sold Price
$17,500
Premium/Discount to List
-$2,000
-10.26%
Current Estimated Value
$98,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,997
Avg. Annual Appreciation
109.15%

Purchase Details

Closed on
Oct 3, 1994
Bought by
Pasanen Todd and Carl Pasanen Life Est Res
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Webster Michael J $17,500 None Listed On Document
Pasanen Todd $4,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2023 06/02/23 Sold $17,500 -10.3% --
05/16/2023 05/16/23 Pending -- -- --
04/26/2023 04/26/23 For Sale $19,500 -- --
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 $3 $9,500 $0 $0
2024 $3 $9,300 $0 $0
2023 $52 $6,500 $0 $0
2022 $233 $7,300 $0 $0
2021 $231 $7,600 $0 $0
2020 $227 $7,300 $0 $0
2019 $281 $6,800 $0 $0
2018 $280 $7,400 $0 $0
2017 $332 $7,350 $0 $0
2016 $216 $8,200 $0 $0
2015 -- $8,200 $0 $0
2014 -- $8,250 $0 $0
2012 -- $8,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50106855

Upper Peninsula Association of REALTORS®

APN: 52-09-520-033-00