NOT LISTED FOR SALE

361 Red Rd Michigamme, MI 49861

Estimated Value: $450,000 - $503,000

3 Beds
2.5 Baths
2,669 Sq Ft
$180/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $375,000 $141 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,681/month

14 Days on Market

Highlights

  • Lake Front
  • Main Floor Bedroom
  • Porch
  • Deck
  • Fireplace
  • Bathroom on Main Level

About This Home

As of April 2021

Absolutely phenomenal lake front, turnkey home/cabin with year round access to beautiful Lake Michigamme. Lake Michigamme is a 4,292 acre sportsman's paradise and the crown jewel of Marquette and Baraga counties. Fishing, boating, waterskiing, jet skiing, parasailing, swimming, etc. This outstanding property features 150' of gorgeous lake frontage and a 6.14 acre wooded lot. A fully insulated and finished 12'x 20' lakeside building featuring electricity and a wooden deck. Home is a 1-1/2 story with walkout basement. 3 large bedrooms and 2.5 bathrooms. 1 bed and bath on each floor for your convenience. The main floor features the master bedroom and a full bathroom. The home sports an enormous 27' x 28' Great Room (living/dining room). Its vaulted ceiling is framed by a wall of lake facing windows. There are multiple sliding glass patio doors out to the large 2 sided wrap around deck. The open concept kitchen features Hickory cabinets throughout, a Jenn-Air grill top convection oven, Whirlpool refrigerator (with ice and water), built in Hot Point dishwasher and a garbage disposal. Upper level has a large bedroom, 1/2 bathroom and a nice 9' x 10' balcony overlooking the enormous Great Room. The walk-out lower level has a lake facing 18' x 26' family room with a beautiful (porcelain) cast iron wood stove, large nonconforming bedroom, large bathroom, laundry room (with washer and dryer hookups), and a mechanical/storage room. Bryant high efficiency forced air furnace. No worries about storage as there are multiple large closets on every floor of this home. Large storage shed for your outdoor yard toys. AT&T hardline phone and internet. 2+ miles from the nearest gas station / party store and historical restaurant. This entire home has been meticulously crafted with an eye to detail and will not disappoint.

Last Listed By

Daniel Menard

COLDWELL BANKER SCHMIDT REALTORS License #UPAR Listed on: 02/06/2021

COLDWELL BANKER SCHMIDT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32

Year Built

  • Built in 2003

Lot Details

  • 6.14 Acre Lot
  • Lot Dimensions are 150' x 639.38' x 150' x 5
  • Lake Front

Home Design

  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Fireplace

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Shed
  • Porch

Utilities

  • Humidifier
  • Forced Air Heating System
  • Heating System Uses Wood
  • Heating System Uses Propane
  • Septic Tank

Community Details

  • Community Storage Space

Listing and Financial Details

  • Assessor Parcel Number 52-09-330-053-20

Home Details

Home Type

Single Family

Est. Annual Taxes

$32

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 1 1/2 Story
  • Year Built: 2003
  • Mail City: Michigamme
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal
  • Fireplace: Yes
  • Basement: Yes
  • Basement: Full, Walk Out
  • Bedrooms: 3
  • Bedroom 1: On Upper Floor, Dimensions: 15 x 16
  • Bedroom 2: On Main Floor, Dimensions: 12 x 13
  • Bedroom 3: On Lower Floor, Dimensions: 11 x 13
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Bathroom 1: On Level: Upper
  • Bathroom 2: On Level: Main
  • Bathroom 3: On Level: Lower
  • Room Types: First Floor Bedroom, First Flr Full Bathroom
  • Family Room: On Lower Floor, Dimensions: 18 x 26
  • Kitchen: On 1st Floor, Dimensions: 10 x 10
  • Living Room: On 1st Floor, Dimensions: 27 x 28
  • Below Grade Sq Ft: 1077
  • Finished Below Grade Sq Ft: 1077
  • Above Grade Finished Sq Ft: 1592
  • Total Finished Sq Ft: 2669
  • Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck, Porch
  • Foundation: Basement
  • Frontage: 150
  • Lake Name: Lake Michigamme
  • Road: City/County, Year Round
  • Water Features: Lake Frontage, Interior Lake
  • Waterfront: Yes
  • Out Buildings: Shed
  • Frontage Type: Water

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air, Humidifier
  • Heating Fuel: LP/Propane Gas, Wood
  • Sewer: Septic
  • Water: Private Well
  • Cooling: Ceiling Fan(s)

Condo/Co-op/Association

  • Community Features: Storage

Lot Info

  • Assessor Parcel Number: 52-09-330-053-20
  • Lot Dimensions: 150' x 639.38' x 150' x 5
  • Acreage: 6.14
  • Geo Subdivision: MI

Tax Info

  • Total Tax: Year: 2020

MLS Schools

  • School District: Republic Michigamme Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2021
Closed on
Apr 23, 2021
Sold by
Bulinski Patrick P and Bulinski Lori A
Bought by
Kimple John E and Kimple Loranda L
Seller's Agent
Daniel Menard
COLDWELL BANKER SCHMIDT REALTORS
Buyer's Agent
Cynthia Spafford
UPPER PENINSULA NC
List Price
$399,900
Sold Price
$375,000
Premium/Discount to List
-$24,900
-6.23%
Total Days on Market
14
Current Estimated Value
$480,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,811
Avg. Annual Appreciation
18.86%
Original Mortgage
$300,000
Outstanding Balance
$276,087
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$476,312

Purchase Details

Closed on
Jul 21, 2006
Bought by
Bulinski Patrick and Bulinski Lori

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
Kimple John E $375,000 Bensinger Cotant & Menkes Pc
Bulinski Patrick $353,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kimple John E $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Sold $375,000 -6.2% $141 / Sq Ft
02/20/2021 02/20/21 Pending -- -- --
02/06/2021 02/06/21 For Sale $399,900 -- $150 / 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 $32 $236,500 $0 $0
2023 $2,008 $239,200 $0 $0
2022 $8,447 $211,100 $0 $0
2021 $8,267 $186,600 $0 $0
2020 $8,145 $211,100 $0 $0
2019 $8,056 $185,200 $0 $0
2018 $8,019 $180,600 $0 $0
2017 $7,877 $159,950 $0 $0
2016 $8,228 $170,200 $0 $0
2015 -- $170,200 $0 $0
2014 -- $171,750 $0 $0
2012 -- $172,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10042829

Upper Peninsula Association of REALTORS®

APN: 52-09-330-053-20