$85,500
SOLD MAR 23, 2021

431 Lincoln Ave Unit Silver City Ontonagon, MI 49953

2 Beds
1.5 Baths
1,317 Sq Ft
0.98 Acres

Recently Sold

$65 Per Sq Ft

13% Below List Price

268 Days on Market

Highlights

  • Wood Burning Stove
  • Fireplace
  • Bathroom on Main Level
  • Main Floor Bedroom
  • 1 Car Attached Garage
  • Shed

About This Home

As of July 2023

CHARMING POTENTIAL VACATION get-away, a Quality of Life opportunity, which could also be a revenue property ..or..as a vacation rental ..currently offered through VRBO.......or retirement home...cozy and efficient.........whatever your choice, the home is ready to own and occupy....in this small resort community of Silver City..across the road from the shores of majestic and awesome Lake Superior and at the gateway to the Porcupine Mt. State Park...where year'round recreational opportunities abound..skiing, snow shoeing, snowmobiling, hiking, swimming, searching for agates, fishing, kayaking and boating..and very near the Silver City Marina for access to the lake..the current owners have enjoyed a successful year of four-season vacation guests, the home has recently been renovated...adding a 1/2 bath, connection to Village water system, new sump pump and water heater ..take the opportunity to view the home...suggested additional use for the property can include a camping and /or guest site on the large lot at the back of the home... ..which includes an 'executive bunkhouse'...the location is premier, conveniently located at similar distances from Houghton/Hancock and Ironwood, minutes from the charming Village of Ontonagon, with shops and services...and from the community of White Pine, also with restaurants and limited services...

Last Agent to Sell the Property

Karen Lahti

RE/MAX DOUGLASS R.E.-H License #UPAR Listed on: 05/04/2020

RE/MAX DOUGLASS R.E.-H

Last Buyer's Agent

Gretchen Janssen

RE/MAX DOUGLASS R.E.-H License #UPAR

RE/MAX DOUGLASS R.E.-H

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,621

Year Built

  • Built in 1928

Lot Details

  • 0.98 Acre Lot
  • Lot Dimensions are 285x150

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Siding
  • Cedar

Interior Spaces

  • 1,317 Sq Ft Home
  • 1.5-Story Property
  • Fireplace
  • Wood Burning Stove
  • Partial Basement
  • Oven or Range

Bedrooms and Bathrooms

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

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Wood
  • Septic Tank
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 6641 03 459 002 10

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,621

Year Built

Built in 1928

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
  • Total Tax Year: 2020
  • Year Built: 1928
  • Mail City: Ontonagon
  • Unit Number Building Number: Silver City
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Range/Oven
  • Fireplace: Yes
  • Fireplaces: Wood Stove
  • Basement: Yes
  • Basement: Partial
  • Bedrooms: 2
  • Bedroom 1: On 1st Floor, Dimensions: 9 x 22
  • Bedroom 2: On 1st Floor, Dimensions: 11 x 11
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: On Level: First
  • Bathroom 2: On Level: First
  • Room Types: First Floor Bedroom, First Flr Full Bathroom
  • Dining Room: On 1st Floor, Dimensions: 10 x 9
  • Kitchen: Dimensions: 13 x 11
  • Living Room: On 1st Floor, Dimensions: 18 x 12
  • Below Grade Sq Ft: 576
  • Above Grade Finished Sq Ft: 1317
  • Total Finished Sq Ft: 1317
  • Half Bathrooms: 1

Exterior Features

  • Exterior: Cedar, Vinyl Siding
  • Foundation: Partial Basement
  • Lake Name: Lake Superior across the
  • Road: City/County, Year Round
  • Out Buildings: Shed

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 1
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas, Wood
  • Sewer: Septic
  • Water: Private Well

Lot Info

  • Assessor Parcel Number: 6641 03 459 002 10
  • Lot Dimensions: 285x150
  • Acreage: 0.98
  • Geo Subdivision: MI

Tax Info

  • Total Tax: Year: 2020

MLS Schools

  • School District: Ontonagon Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2023
Closed on
Jun 29, 2023
Sold by
Spry Don T
Bought by
Little Bear Creek Property Llc
Seller's Agent
Karen Lahti
RE/MAX DOUGLASS R.E.-H
Buyer's Agent
Karen Lahti
RE/MAX DOUGLASS R.E.-H
List Price
$170,000
Sold Price
$165,000
Premium/Discount to List
-$5,000
-2.94%
Current Estimated Value
$159,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,838
Avg. Annual Appreciation
-7.10%

Purchase Details

Listed on
May 4, 2020
Closed on
Mar 19, 2021
Sold by
Lenef Donald M
Bought by
Spry Don T and Spry Katrina L
Seller's Agent
Karen Lahti
RE/MAX DOUGLASS R.E.-H
Buyer's Agent
Gretchen Janssen
RE/MAX DOUGLASS R.E.-H
List Price
$98,000
Sold Price
$85,500
Premium/Discount to List
-$12,500
-12.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.25%

Purchase Details

Listed on
Aug 3, 2018
Closed on
Aug 23, 2018
Sold by
Ross Boogaard
Bought by
Spry Don T and Spry Katrina L
Seller's Agent
Karen Lahti
RE/MAX DOUGLASS R.E.-H
Buyer's Agent
Karen Lahti
RE/MAX DOUGLASS R.E.-H
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.23%

Purchase Details

Listed on
Jan 25, 2015
Closed on
Sep 9, 2015
Sold by
Kowalski Michael J
Bought by
Lenef Donald M and Ibsen Joy M
Seller's Agent
Karen Lahti
RE/MAX DOUGLASS R.E.-H
Buyer's Agent
Josh Stein
NORTHERN MICHIGAN LAND BROKERS - H
List Price
$63,500
Sold Price
$62,000
Premium/Discount to List
-$1,500
-2.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.64%

Purchase Details

Closed on
Jul 31, 2006
Sold by
Yaklovich David F and Yaklovich Brenda
Bought by
Kowalski Michael J
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $165,000 --
Warranty Deed $85,500 --
Grant Deed $75,000 --
Grant Deed $62,000 --
Deed $42,000 --
Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2023 07/06/23 Sold $165,000 -2.9% $120 / Sq Ft
06/25/2023 06/25/23 Pending -- -- --
06/19/2023 06/19/23 For Sale $170,000 +98.8% $124 / Sq Ft
03/23/2021 03/23/21 Sold $85,500 -12.8% $65 / Sq Ft
01/27/2021 01/27/21 Pending -- -- --
05/04/2020 05/04/20 For Sale $98,000 +30.7% $74 / Sq Ft
08/27/2018 08/27/18 Sold $75,000 -6.1% $57 / Sq Ft
08/03/2018 08/03/18 For Sale $79,900 +28.9% $61 / Sq Ft
07/10/2018 07/10/18 Pending -- -- --
09/11/2015 09/11/15 Sold $62,000 -2.4% $47 / Sq Ft
07/07/2015 07/07/15 Pending -- -- --
01/25/2015 01/25/15 For Sale $63,500 -- $48 / 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 $2,621 $72,040 $0 $0
2023 $712 $41,620 $0 $0
2022 $678 $37,200 $0 $0
2021 $867 $33,900 $0 $0
2020 $1,365 $30,600 $0 $0
2019 $1,353 $28,450 $0 $0
2018 -- $22,650 $0 $0
2017 -- $22,450 $0 $0
2016 -- $22,350 $0 $0
2015 -- $19,700 $0 $0
2014 -- $19,750 $0 $0
2013 -- $19,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10039940

Upper Peninsula Association of REALTORS®

APN: 03-459-002-10