NOT LISTED FOR SALE

3599 Palmquist Rd Watersmeet, MI 49969

Estimated Value: $610,000 - $731,000

4 Beds
2 Baths
2,175 Sq Ft
$305/Sq Ft Est. Value

Last Sold April 02, 2015

Last sale price $215,000 $99 Per Sq Ft

Est. 209% increase in value since last sale

Current estimated payment $3,836/month

216 Days on Market

Highlights

  • Lake Front
  • Private Lot
  • Cathedral Ceiling
  • Wood Burning Stove
  • Wooded Lot
  • 2 Fireplaces

About This Home

As of April 2015

Cisco Chain Foreclosure!! Buy at the bottom! Custom built 4 bdm, 2 ba home offers spectacular views long w/ 324+/-' of frontage on Cisco Lake; a 567 acre lake on the Cisco Chain of Lakes. The main level of the home include 2 bedrooms, 1 bath, cathedral ceilings, hickory kitchen cabinets, fieldstone fireplace and access to your both of your lakeside decks and enclosed porch area. The upper loft area has 2 bedrooms and 1 bathroom. The walkout lower level is highlighted with a finished family room that has a fieldstone fireplace that needs the finishing touches, office area and 2 utility rooms. There is pine tongue and groove throughout the home, 3 car attached garage with storage area, detached 1 car garage, storage shed, outdoor wood burner and so much more! 2.40 wooded acres of ultimate privacy! Home needs a little TLC but could be a great home in a great setting! 100's of acres of the National forest are just out your back door. What are you waiting for? Act now before its too late!

Last Agent to Sell the Property

Roy Dantonio

ELIASON REALTY - LAND O LAKES License #51030 - 90 Listed on: 08/21/2014

Last Buyer's Agent

BRET MILLER

ELIASON REALTY - LAND O LAKES

Home Details

Home Type

  • Single Family

Lot Details

  • 2.4 Acre Lot
  • Lake Front
  • The property's road front is unimproved
  • Street terminates at a dead end
  • Private Lot
  • Secluded Lot
  • Sloped Lot
  • Wooded Lot
  • Garden

Parking

  • 1 Car Garage
  • Gravel Driveway

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Log Siding
  • Cedar
  • Stone

Interior Spaces

  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Stove
  • Stone Fireplace
  • Water Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Basement Window Egress

Outdoor Features

  • Shed
  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Outdoor Furnace
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Wall Furnace
  • Drilled Well
  • Electric Water Heater

Community Details

  • Recreation Facilities

Listing and Financial Details

  • Assessor Parcel Number 2706-30-800-101

Home Details

Home Type

Single Family

Lot Details

2.4 Acres

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Surface Type: Unimproved
  • Water Body Name: CISCO
  • Ownership: Fee Simple
  • Directions: Hwy B West of Land O Lakes Approx. 9 Miles to a Right on Thousand Island LK Rd, 4.5 Miles to Roddis Road, Stay Straight on Roddis for 2.7 Miles to a Right on Palmquist Rd. Aprox. 1 Mile to #3599 on Right.
  • Above Grade Finished Sq Ft: 1650.0
  • Architectural Style: One and One Half Story
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Microwave
  • Has Basement: Exterior Entry, Egress Windows, Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 525.0
  • Fireplace Features: Multiple, Stone, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Mixed, Tile
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Dead End, Easy Access, Lake Front, Private, Secluded, Sloped, Views, Wooded
  • View: Water
  • View: Yes
  • Waterfront Features: Shoreline - Fisherman/Weeds, Lake Front
  • Waterfront: Yes
  • Construction Type: Cedar, Frame, Log Siding, Stone
  • Exterior Features: Garden, Out Building(s), Shed, Gravel Driveway
  • Foundation Details: Poured
  • Other Structures: Garage(s), Outbuilding, Shed(s)
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Detached, Garage, One Car Garage, Storage
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane, Outdoor Furnace, Wood, Wall Furnace
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Conventional Sewer
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Community Features: Quiet Area, Recreation Area, Skiing

Lot Info

  • Lot Size Sq Ft: 104544.0
  • Parcel #: 2706-30-800-101
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 6725.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2014
Closed on
Apr 1, 2015
Sold by
Lsref2 Cobalt Llc
Bought by
Gerdes James P and Gerdes Tamara E
Seller's Agent
Roy Dantonio
ELIASON REALTY - LAND O LAKES
Buyer's Agent
BRET MILLER
ELIASON REALTY - LAND O LAKES
List Price
$279,999
Sold Price
$215,000
Premium/Discount to List
-$64,999
-23.21%
Current Estimated Value
$663,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$448,702
Avg. Annual Appreciation
10.87%
Original Mortgage
$172,000
Outstanding Balance
$132,361
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$531,341

Purchase Details

Closed on
Jul 2, 2014
Sold by
Pelissero Gerald
Bought by
Lsref2 Cobalt Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Gerdes James P -- None Available
Lsref2 Cobalt Llc $264,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerdes James P $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2015 04/02/15 Sold $215,000 -23.2% $99 / Sq Ft
03/27/2015 03/27/15 Pending -- -- --
08/22/2014 08/22/14 For Sale $279,999 -- $129 / Sq Ft
Source: Greater Northwoods MLS

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 $5,122 $299,023 $147,999 $151,024
2024 $3,103 $253,058 $152,710 $100,348
2023 $2,556 $241,426 $185,515 $55,911
2022 $4,177 $179,042 $148,707 $30,335
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Roy Dantonio

    ELIASON REALTY - LAND O LAKES

    (715) 367-1718

    80 Total Sales

    Roy Dantonio
    Section Image

  • B

    Buyer's Agent in 2015

    BRET MILLER

    ELIASON REALTY - LAND O LAKES

    (715) 617-6337

    62 Total Sales

    BRET MILLER
    Section Image
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Map

Source: Greater Northwoods MLS

MLS Number: 144833

Greater Northwoods MLS

APN: 06-30-800-101

Michigan Gogebic County Watersmeet 49969

3599 Palmquist Rd, Watersmeet, MI

Not Listed for Sale

Detached

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