NOT LISTED FOR SALE

4130 State Highway M35 Escanaba, MI 49829

Estimated Value: $156,009

7 Beds
6 Baths
3,464 Sq Ft
$45/Sq Ft Est. Value

Last Sold August 12, 2022

Last sale price $126,000 $36 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,062/month

11 Days on Market

Highlights

  • Waterfront
  • 1.3 Acre Lot
  • Space Heater

About This Home

As of August 2022

Property is sold as is! Seller is not hooking up anything for a home inspection. Bring your dreams to life with this unique piece of property! In the past it was used for a vacation rental business but this 1.3 acre lot would be a great spot for your dream home! Take in the beauty of Lake Michigan along the nearly 300 feet of sand beach. This property features 5 different buildings. There are 4 studio cabins, one of which is completely remodeled and ready to live in while you work on the property or build your home. Many of these units contain a natural gas wall furnace for year-round living. The 5th cabin is the largest and is currently set up as two units but could be turned into a single family home. The unfinished cabins need a lot of work but with the right vision this could be a great summer getaway! This property is just waiting for you to make it your own!

Last Agent to Sell the Property

Lori Rymkos

PREMIER REAL ESTATE, INC. License #UPAR Listed on: 07/15/2022

Last Buyer's Agent

Lori Rymkos

PREMIER REAL ESTATE, INC. License #UPAR Listed on: 07/15/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Lot Details

  • 1.3 Acre Lot
  • Lot Dimensions are 80x214x159x320x220
  • Waterfront
  • Rural Setting

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Full Bathrooms

Location

  • Property is near a Great Lake

Utilities

  • Space Heater
  • Mound Septic
  • Internet Available

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 21-009-061-050-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,764

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 2563
  • Total Tax Year: 2021
  • Mail City: Escanaba
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Range/Oven, Refrigerator
  • Bedrooms: 7
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Estimated Sq Ft: 3464

Exterior Features

  • Construction: Vinyl Siding
  • Frontage: 293
  • Lake Name: Lake Michigan
  • Water Features: Lake Frontage, Water View, Waterfront, Great Lake
  • Waterfront: Yes
  • Foundation Type: Crawl, Slab
  • Roads: City/County, Year Round

Utilities

  • Water: Private Well
  • Fuel Type: Natural Gas
  • Heating System: Space Heater
  • Sewer/Septic System: Mound Septic

Lot Info

  • Assessor Parcel Number: 21-009-061-050-00
  • Location: Rural
  • Lot Dimensions: 80x214x159x320x220
  • Acreage: 1.3
  • Zoning: Residential
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $651.00
  • Winter Tax: Year: 2021, Amount: $1,912.00
  • Total Tax: Year: 2021, Amount: $2,563.00

Multi Family

  • Total Units: 6

MLS Schools

  • School District: Escanaba Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2022
Closed on
Aug 12, 2022
Sold by
Spriks Michael
Bought by
Biggs Daniel C and Biggs Katherine L
Seller's Agent
Lori Rymkos
PREMIER REAL ESTATE, INC.
Buyer's Agent
Lori Rymkos
PREMIER REAL ESTATE, INC.
List Price
$99,900
Sold Price
$126,000
Premium/Discount to List
$26,100
26.13%
Current Estimated Value
$156,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,009
Avg. Annual Appreciation
7.11%

Purchase Details

Closed on
Jul 31, 2006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.83%
Mortgage Type
Commercial
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
Biggs Daniel C $126,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spriks Michael G $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2022 08/12/22 Sold $126,000 +26.1% $36 / Sq Ft
07/26/2022 07/26/22 Pending -- -- --
07/15/2022 07/15/22 For Sale $99,900 -- $29 / 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 $2,764 $66,900 $0 $0
2024 $720 $66,300 $0 $0
2023 $687 $61,700 $0 $0
2022 $2,590 $59,400 $0 $0
2021 $2,563 $90,900 $0 $0
2020 $2,538 $87,700 $0 $0
2019 $2,457 $87,200 $0 $0
2018 $2,402 $84,300 $0 $0
2017 $603 $75,200 $0 $0
2016 $2,306 $54,800 $0 $0
2014 -- $58,600 $0 $0
2013 -- $61,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50083244

Upper Peninsula Association of REALTORS®

APN: 21-009-061-050-00