NOT LISTED FOR SALE

378 Red Rd Michigamme Township, MI 49861

Estimated Value: $384,125 - $1,320,000

3 Beds
1 Bath
1,350 Sq Ft
$461/Sq Ft Est. Value

Last Sold November 22, 2023

Last sale price $325,000 $241 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,367/month

Highlights

  • Beach Front
  • Sandy Beach
  • Chalet
  • Boat Facilities
  • Access To Lake
  • Deck

About This Home

As of November 2023

Welcome to the breathtaking shores of Lake Michigamme. This beautiful retreat offers a serene and peaceful atmosphere, perfect for those looking to escape the hustle and bustle of everyday life. The cottage features three spacious bedrooms, providing ample space for you and your loved ones to rest and rejuvenate. The camp comes furnished and each bedroom is tastefully decorated and appointed with comfortable beds to ensure a good night's sleep, The sunroom is an ideal spot to relax and enjoy your morning coffee while taking in panoramic views of the lake. Another highlight of this charming cottage is the cozy fireplace, which serves as the centerpiece of the living area. Gather around with your family and friends, curl up with a book, or simply bask in the warmth of the crackling fire during chilly evenings. For those seeking a little bit of adventure, the loft area offers a great place to unwind and have some fun. Whether you want to play board games, watch movies, or simply have a quiet space to yourself, the loft provides the perfect escape

Last Agent to Sell the Property

Scott Syrjala

COLDWELL BANKER SCHMIDT REALTORS License #UPAR-6501436518 Listed on: 11/26/2023

COLDWELL BANKER SCHMIDT REALTORS

Last Buyer's Agent

Scott Syrjala

COLDWELL BANKER SCHMIDT REALTORS License #UPAR-6501436518 Listed on: 11/26/2023

COLDWELL BANKER SCHMIDT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2005

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 85x144x81x153
  • Beach Front
  • Lake Front
  • Property fronts an easement
  • Sandy Beach
  • Sloped Lot
  • Wooded Lot
  • Garden

Parking

  • 3 Car Parking Spaces

Home Design

  • Chalet
  • Vinyl Siding

Interior Spaces

  • 1,350 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Window Treatments
  • Great Room
  • Living Room with Fireplace
  • Loft
  • Wood Flooring
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Access To Lake
  • Boat Facilities
  • Balcony
  • Deck
  • Shed
  • Porch

Utilities

  • Heating System Uses Wood
  • Radiant Heating System
  • Baseboard Heating
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 52-09-330-057-50

Home Details

Home Type

Single Family

Est. Annual Taxes

$5

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type: Residential
  • Type Of Property: Single Family
  • Architecture Style: Chalet
  • Structure Style: 1 1/2 Story
  • Flood Insurance: Unknown
  • Flood Plain: Unknown
  • Total Tax Amount: 5516
  • Total Tax Year: 2022
  • Year Built: 2005
  • Mail City: Michigamme
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: 9 ft + Ceilings, Interior Balcony, Cathedral/Vaulted Ceiling, Hardwood Floors, Window Treatment(s)
  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: LivRoom Fireplace, Wood Burning
  • Basement: None (Basement)
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 10 x 12
  • Bedroom 2: On 1st Floor, Dimensions: 11 x 12
  • Bedroom 3: On Upper Floor, Dimensions: 12 x 18
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 6 x 9, On Level: First
  • Room Types: First Floor Laundry, First Flr Primary Bedroom, Great Room, Loft, First Flr Full Bathroom, Eat-In Kitchen
  • Above Grade Finished Sq Ft: 1350
  • Total Finished Sq Ft: 1350

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck, Porch, Garden Area
  • Foundation: Crawl
  • Frontage: 81
  • Lake Name: Lake Michigamme
  • Road: City/County, Gravel, Year Round
  • Water Features: All Sports Lake, Boat Facility, Lake Frontage, Lake/River Access, Water View, Waterfront, Beach Access, Beach Front, Interior Lake, Sandy Bottom
  • Waterfront: Yes
  • Out Buildings: Shed
  • Frontage Type: Water

Garage/Parking

  • Parking: 3 or More Spaces
  • Garage: No

Utilities

  • Heating: Baseboard, Electric Heat, Radiant
  • Heating Fuel: Electric, Wood
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Electric

Lot Info

  • Assessor Parcel Number: 52-09-330-057-50
  • Zoning: Residential
  • Lot Description: Treed
  • Lot Dimensions: 85x144x81x153
  • Acreage: 0.36
  • Geo Subdivision: MI
  • Site/Lot Features: Easement, Sloping, Wooded

Tax Info

  • Summer Tax: Year: 2022, Amount: $3,563.00
  • Winter Tax: Year: 2022, Amount: $1,953.00
  • Total Tax: Year: 2022, Amount: $5,516.00

MLS Schools

  • School District: Republic Michigamme Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2023
Closed on
Nov 21, 2023
Sold by
Cooper Thad and Cooper Suellen
Bought by
Kinnunen William D and Kinnunen Deborah A
Seller's Agent
Scott Syrjala
COLDWELL BANKER SCHMIDT REALTORS
Buyer's Agent
Scott Syrjala
COLDWELL BANKER SCHMIDT REALTORS
List Price
$325,000
Sold Price
$325,000
Current Estimated Value
$622,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,031
Avg. Annual Appreciation
44.10%
Original Mortgage
$260,000
Outstanding Balance
$190,991
Interest Rate
7.57%
Mortgage Type
Balloon
Estimated Equity
$436,277

Purchase Details

Closed on
Aug 18, 2021
Sold by
Koch Jerome P and Koch Linda
Bought by
Cooper Thad and Cooper Suellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2000
Bought by
Koch Jerome and Koch Linda
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kinnunen William D $325,000 Transnation Title Agency
Cooper Thad $260,000 Numinen Deforge & Toutant Pc
Koch Jerome $14,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kinnunen William D $260,000
Previous Owner Cooper Thad $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2023 11/26/23 For Sale $325,000 0.0% $241 / Sq Ft
11/22/2023 11/22/23 Sold $325,000 -- $241 / Sq Ft
10/22/2023 10/22/23 Pending -- -- --
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 $48 $182,000 $0 $0
2024 $48 $145,000 $0 $0
2023 $1,237 $135,200 $0 $0
2022 $5,516 $121,500 $0 $0
2021 $4,448 $107,800 $0 $0
2020 $4,383 $121,500 $0 $0
2019 $4,334 $106,500 $0 $0
2018 $4,315 $104,700 $0 $0
2017 $4,239 $92,500 $0 $0
2016 $4,159 $98,400 $0 $0
2015 -- $98,400 $0 $0
2014 -- $99,250 $0 $0
2012 -- $97,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50128608

Upper Peninsula Association of REALTORS®

APN: 52-09-330-057-50