NOT LISTED FOR SALE

340 Stoney Ln Michigamme Township, MI 49861

Estimated Value: $42,632

0.86 Acre
$49,572 Price per Acre
37,462 Sq Ft Lot

Last Sold January 27, 2022

Last sale price $30,000

Est. 42% increase in value since last sale

Current estimated payment $232/month

173 Days on Market

About This Lot

As of January 2022

End of season special! A big price reduction and motivated Seller make this a great opportunity. Jump on this today. This lot has year round access on a gravel private road just off a paved County Road in the town of Michigamme. The road accesses the north end of the parcel. The property has 100 feet of frontage on Lake Michigamme on the south end of the lot. The road access on the north end is on top of of a high plateau with easy access for a building site that would sit atop the bluff with awesome south facing views over Lake Michigamme. The property has lake frontage that is difficult to access but possible with a lengthy stair system similar to what you will see on the adjacent property to the east. For easy lake access, there is the township park within walking distance on the west end of the lake. Here you'll find a nice sand beach and boat launch with a dock. This property provides a great value with a convenient location, beautiful lake view building site, and actual lake front ownership.

Last Agent to Sell the Property

Rob Sullivan

NORTHERN MICHIGAN LAND BROKERS License #UPAR-6502362192 Listed on: 07/21/2021

Last Buyer's Agent

Bill Rolof

CENTURY 21 AFFILIATED License #UPAR

CENTURY 21 AFFILIATED

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2

Lot Details

  • 0.86 Acre Lot
  • Lot Dimensions are 100x383.4x100x357.4
  • Lake Front
  • Wooded Lot

Listing and Financial Details

  • Assessor Parcel Number 52-09-330-008-00

Property Details

Property Type

Land

Est. Annual Taxes

$2

Lot Details

0

Listing Details

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

Exterior Features

  • Frontage: 100
  • Lake Name: Lake Michigamme
  • Water Features: Lake Frontage, Interior Lake
  • Waterfront: Yes
  • Roads: Gravel, Private Road, Year Round

Utilities

  • Water: None
  • Sewer/Septic System: None
  • Fuel On Site: Electric

Schools

  • School District: Republic Michigamme Schools

Lot Info

  • Assessor Parcel Number: 52-09-330-008-00
  • Acreage: 0.86
  • Lot Description: Wooded
  • Lot Size: 100x383.4x100x357.4

MLS Schools

  • School District: Republic Michigamme Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Jan 20, 2022
Sold by
Property Miracle Llc
Bought by
Marsh Richard M and Marsh Monica L
Seller's Agent
Rob Sullivan
NORTHERN MICHIGAN LAND BROKERS
Buyer's Agent
Bill Rolof
CENTURY 21 AFFILIATED
List Price
$59,900
Sold Price
$30,000
Premium/Discount to List
-$29,900
-49.92%
Current Estimated Value
$42,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,632
Avg. Annual Appreciation
5.93%

Purchase Details

Closed on
Jul 14, 2021
Sold by
Glenn F Ball And Loling K Ball Revocable
Bought by
Property Miracle Llc
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
Marsh Richard M $30,000 None Listed On Document
Property Miracle Llc $15,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2022 01/27/22 Sold $30,000 -49.9% --
01/10/2022 01/10/22 Pending -- -- --
07/21/2021 07/21/21 For Sale $59,900 -- --
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 $24,300 $0 $0
2024 $2 $13,600 $0 $0
2023 $137 $13,700 $0 $0
2022 $713 $6,300 $0 $0
2021 $254 $5,300 $0 $0
2020 $283 $6,300 $0 $0
2019 $280 $5,800 $0 $0
2018 $432 $8,750 $0 $0
2017 $431 $8,750 $0 $0
2016 $463 $10,000 $0 $0
2015 -- $10,000 $0 $0
2014 -- $10,000 $0 $0
2012 -- $10,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rob Sullivan

    Seller's Agent in 2022

    Rob Sullivan

    NORTHERN MICHIGAN LAND BROKERS

    (906) 362-3337

    367 Total Sales

    Rob Sullivan
    Section Image
  • Bill Rolof

    Buyer's Agent in 2022

    Bill Rolof

    CENTURY 21 AFFILIATED

    (906) 201-2249

    61 Total Sales

    Bill Rolof
    Section Image
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10066291

Upper Peninsula Association of REALTORS®

APN: 52-09-330-008-00

Michigan Marquette County Michigamme 49861

340 Stoney Ln, Michigamme, MI

This home is located at 340 Stoney Ln, Michigamme Township, MI 49861 since 21 July 2021 and is currently estimated at $42,632. 340 Stoney Ln is a home located in Marquette County with nearby schools including Republic-Michigamme School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Upper Peninsula Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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