NOT LISTED FOR SALE

387 N South Point Ln Gwinn, MI 49841

Estimated Value: $301,000 - $408,000

2 Beds
1 Bath
1,092 Sq Ft
$321/Sq Ft Est. Value

Last Sold September 22, 2017

Last sale price $117,500 $108 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $1,839/month

67 Days on Market

Highlights

  • Lake Front
  • Bathroom on Main Level
  • Forced Air Heating System
  • Porch
  • 1-Story Property
  • 2 Car Garage

About This Home

As of September 2017

This one owner meticulously maintained home boasts 2.37 acres with 243 feet of frontage on Big Shag Lake. Bright and airy, spacious two bedroom, one bath year round home or weekend getaway. Beautiful view of the lake and a walking path to the shore. Big Shag is known for its great recreational opportunities of fishing, boating, kayaking, and waterskiing or just sit in your front yard and enjoy the lake and local wildlife in a private setting. There is a fenced garden area and you will be surrounded by amazing old growth oaks, maples, birches, cedar and hemlock trees. If you're looking for a place on Big Shag come see what this property has to offer and you could be putting the boat in the water this summer!

Last Agent to Sell the Property

Sally Steen

RE/MAX 1ST REALTY License #UPAR-6501404193 Listed on: 06/04/2017

RE/MAX 1ST REALTY

Last Buyer's Agent

Theresa Hunter

SELECT REALTY License #UPAR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14

Year Built

  • Built in 1977

Lot Details

  • 2.38 Acre Lot
  • Lot Dimensions are 243' x 426'
  • Lake Front

Parking

  • 2 Car Garage

Home Design

  • Masonite

Interior Spaces

  • 1,092 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Septic Tank
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 52-05-225-099-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$14

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 1 Story
  • Total Tax Year: 2017
  • Year Built: 1977
  • Mail City: Gwinn
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Range/Oven
  • Basement: Yes
  • Basement: Full
  • Bedrooms: 2
  • Bedroom 1: On 1st Floor, Dimensions: 11 x 17
  • Bedroom 2: On 1st Floor, Dimensions: 11 x 11
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: First
  • Room Types: First Floor Bedroom, First Flr Full Bathroom
  • Breakfast Nook: On 1st Floor, Dimensions: 11 x 10
  • Kitchen: On 1st Floor, Dimensions: 11 x 9
  • Living Room: On 1st Floor, Dimensions: 13 x 22
  • Below Grade Sq Ft: 1092
  • Above Grade Finished Sq Ft: 1092
  • Total Finished Sq Ft: 1092

Exterior Features

  • Exterior: Masonite
  • Exterior Features: Porch
  • Foundation: Basement
  • Lake Name: BIG SHAG LAKE (MITCHELL B
  • Road: City/County
  • Water Features: Lake Frontage, Interior Lake
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic

Lot Info

  • Assessor Parcel Number: 52-05-225-099-00
  • Lot Dimensions: 243' X 426'
  • Acreage: 2.38
  • Geo Subdivision: MI

Tax Info

  • Total Tax: Year: 2017

MLS Schools

  • School District: Gwinn Area Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2019
Sold by
Kangas Randy D and Kangas Gigi M
Bought by
Hedstrom Mark
Current Estimated Value
$350,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Outstanding Balance
$136,603
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$213,687
Source: Public Records

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
Hedstrom Mark -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hedstrom Mark $156,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2017 09/22/17 Sold $117,500 -24.1% $108 / Sq Ft
08/10/2017 08/10/17 Pending -- -- --
06/04/2017 06/04/17 For Sale $154,900 -- $142 / 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
2025 $14 $167,300 $0 $0
2024 $14 $137,900 $0 $0
2023 $1,311 $111,700 $0 $0
2022 $2,586 $92,700 $0 $0
2021 $2,508 $97,800 $0 $0
2020 $2,470 $92,700 $0 $0
2019 $2,001 $66,700 $0 $0
2018 $3,217 $66,850 $0 $0
2017 $2,956 $117,600 $0 $0
2016 $2,939 $115,200 $0 $0
2015 -- $115,200 $0 $0
2014 -- $116,950 $0 $0
2012 -- $123,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sally Steen

    Seller's Agent in 2017

    Sally Steen

    RE/MAX 1ST REALTY

    (906) 361-7703

    79 Total Sales

    Sally Steen
    Section Image
  • Theresa Hunter

    Buyer's Agent in 2017

    Theresa Hunter

    SELECT REALTY

    (903) 250-1981

    161 Total Sales

    Theresa Hunter
    Section Image
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10028244

Upper Peninsula Association of REALTORS®

APN: 52-05-225-099-00

Michigan Marquette County Gwinn 49841

387 N South Point Ln, Gwinn, MI

This home is located at 387 N South Point Ln, Gwinn, MI 49841 since 04 June 2017 and is currently estimated at $350,290, approximately $320 per square foot. This property was built in 1977. 387 N South Point Ln is a home located in Marquette County with nearby schools including K.I. Sawyer Elementary School and Gwinn Middle/High 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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