NOT LISTED FOR SALE

42063 N Hamar St Unit Lat 47.02679 Lon -88 Chassell, MI 49916

Estimated Value: $106,000 - $129,133

3 Beds
1 Bath
911 Sq Ft
$131/Sq Ft Est. Value

Last Sold June 26, 2015

Last sale price $42,000 $46 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $749/month

46 Days on Market

Highlights

  • Main Floor Bedroom
  • Bathroom on Main Level
  • Forced Air Heating System
  • 1 Car Detached Garage

About This Home

As of June 2015

Michigan Home For Sale! This charming home is located in the unincorporated Village of Chassell in Houghton County in Michigan's Upper Peninsula - located on Pike Bay at the south end of Portage Lake. In 1855, the land that included what was to become Chassell was acquired from the state of Michigan by the St. Mary's Canal and Land Company. The first building in the area, a log cabin, was built close to the mouth of the Sturgeon River in 1863. In 1867, New Yorker John Chassell, a French farmer, purchased farmland from the St. Mary's Canal and Land Company where the community is now located. This was a lumbering, farming and fishing community with potatoes and strawberries as the main crops. The Sturgeon River Boom Company in 1875, dug a canal to bring logs from the Sturgeon to Pike Bay. During the same time the Duluth, South Shore and Atlantic Railway had extended a line to the area with a stop at Chassell and in February 1888 Chassell's first post office was established. Today this town is know for unique retail shops, restaurants and service establishments. The soils and climate around Chassell are especially well suited for strawberries, and most of the approximately 650 acres planted in Houghton County are located in this area. The Copper Country Strawberry Festival, which is sponsored by the Chassell Lions Club, is held each year at Chassell's Centennial Park, the weekend after the 4th of July. The Park is located on the south end of Portage Lake and features 900' of shoreline, a boat launch and dock, fishing pier, swimming beach, picnic area and shelter, wetlands walkway, and a children's playground. Chassell is well-known for being located at the headwaters of the Sturgeon River. Fishing is spectacular. In the summer you can enjoy mountain biking, hiking, boating, canoeing, kayaking, hunting, bird watching, nature photography and the beautiful clear blue water of the bay. If you like to sea-kayak, Chassell is a Keweenaw Water Trail rest-stop! The Chassell Trail, (#15) takes you to Painesdale and the famed Bill Nichols Multi-Use Trail from Mass City to Houghton. This trail can be accessed using back roads. The Chassell-Houghton snowmobile trail runs along the old railroad grade. An 8K groomed Cross country ski trail, starts in Chassell. The trailhead is just west of the Heritage Center. An old-fashioned Christmas celebration is held in Chassell the second weekend in December. Immediately North and East of town along Pike Bay is a concentration of year-round and seasonal homes and cottages, some of which are rented to tourists in the summer. You enter the home through a 6x11 enclosed front Sun Porch, which leads to an open concept Living-Kitchen area. A sliding glass door wall from the kitchen's dining area leads to a concrete patio and a partially fenced-in back yard. A Bedroom and Full-Bath share the First Floor. Upstairs is a 9x16 Landing-Sitting Area, and two Bedrooms. There is a 1-Car Detached Garage. If you... Continued In Addendum

Last Listed By

Tim Keohane

GREAT LAKES & LAND OF MARQUETTE, INC. License #UPAR Listed on: 05/01/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,028

Year Built

  • 1950

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 65x90x65x90

Parking

  • 1 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 911 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 003-132-106-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,028

Year Built

1950

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 (Public Record): 19
  • Mail City: Chassell
  • Unit Number Building Number: Lat 47.02679 Lon -88.52979
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Yes
  • Basement: Full
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 6 x 15
  • Bedroom 2: On 2nd Floor, Dimensions: 7 x 10
  • Bedroom 3: On 2nd Floor, Dimensions: 9 x 10
  • 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: 13 x 13
  • Kitchen: On 1st Floor, Dimensions: 13 x 13
  • Living Room: On 1st Floor, Dimensions: 10 x 12
  • Below Grade Sq Ft: 729
  • Above Grade Finished Sq Ft: 911
  • Total Finished Sq Ft: 911

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Basement

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 1
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Electric, Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 003-132-106-00
  • Lot Dimensions: 65x90x65x90
  • Acreage: 0.15
  • Geo Subdivision: MI

MLS Schools

  • School District: Chassell Twp School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2021
Sold by
Spodeck David A and Spodeck Beverly A
Bought by
Ierulli Victor M and Geshel Alexi G
Total Days on Market
46
Current Estimated Value
$119,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,200
Outstanding Balance
$59,971
Interest Rate
2.96%
Mortgage Type
Construction
Estimated Equity
$67,790

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
Ierulli Victor M $81,500 M&M Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ierulli Victor M $65,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2015 06/26/15 Sold $42,000 -15.8% $46 / Sq Ft
06/16/2015 06/16/15 Pending -- -- --
05/01/2015 05/01/15 For Sale $49,900 -- $55 / 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 $1,028 $52,800 $0 $0
2023 $668 $45,500 $0 $0
2022 $979 $40,100 $0 $0
2021 $728 $35,500 $0 $0
2020 $1,227 $34,800 $0 $0
2019 $1,226 $32,000 $0 $0
2018 $1,184 $27,000 $0 $0
2017 $1,209 $25,100 $0 $0
2016 -- $24,500 $0 $0
2015 -- $29,800 $0 $0
2014 -- $32,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10018037

Upper Peninsula Association of REALTORS®

APN: 003-132-106-00