NOT LISTED FOR SALE

45518 Rabbit Bay Rd Lake Linden, MI 49945

Estimated Value: $506,000 - $593,000

3 Beds
2 Baths
1,709 Sq Ft
$314/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $281,000 $164 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,314/month

Highlights

  • Waterfront
  • Porch
  • Bathroom on Main Level
  • Ranch Style House
  • 2 Car Attached Garage
  • Shed

About This Home

As of June 2016

This well maintained 3 BR 2 BA home sits on 247 feet of the nicest sugar sand beach that you'll find on the Keweenaw Peninsula. The Rabbit Bay area features a private dead end road location, stunning shoreline, views of Rabbit Island, and you can start each day with an incredible sunrise. The cedar sided home features over 1,700 square feet of living space, tile floors, plenty of windows, open floor plan, new roof in 2015, large family rec room, and interior updates throughout. Outside you'll love the huge deck/patio overlooking the lake. The huge maintained yard is truly beautiful, and you'll also admire the towering mature white pine along the lakeshore. This is truly as good as it gets on Lake Superior.

Last Agent to Sell the Property

Josh Stein

NORTHERN MICHIGAN LAND BROKERS - H License #UPAR-6502371572 Listed on: 05/04/2016

Last Buyer's Agent

Josh Stein

NORTHERN MICHIGAN LAND BROKERS - H License #UPAR-6502371572 Listed on: 05/04/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,899

Lot Details

  • 1.4 Acre Lot
  • Waterfront

Parking

  • 2 Car Attached Garage

Home Design

  • 1,709 Sq Ft Home
  • Ranch Style House
  • Slab Foundation
  • Cedar

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Outdoor Features

  • Shed
  • Porch

Utilities

  • Hot Water Heating System
  • Heating System Uses Propane
  • Septic Tank

Additional Features

  • Oven or Range
  • Property is near a Great Lake

Listing and Financial Details

  • Assessor Parcel Number 31-014-165-006-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,899

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Year Built: 19
  • Mail City: Lake Linden
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Range/Oven
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 12 x 10
  • Bedroom 2: On 1st Floor, Dimensions: 12 x 10
  • Bedroom 3: On 1st Floor, Dimensions: 12 x 12
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room Types: First Floor Bedroom, First Flr Full Bathroom
  • Breakfast Nook: On 1st Floor, Dimensions: 17 x 6
  • Family Room: On 1st Floor, Dimensions: 24 x 11
  • Kitchen: On 1st Floor, Dimensions: 17 x 13
  • Living Room: On 1st Floor, Dimensions: 17 x 12
  • Above Grade Finished Sq Ft: 1709
  • Total Finished Sq Ft: 1709

Exterior Features

  • Exterior: Cedar
  • Exterior Features: Porch
  • Foundation: Slab
  • Lake Name: Lake Superior
  • Water Features: Lake Frontage, Great Lake
  • Waterfront: Yes
  • Out Buildings: Shed

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Hot Water
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Private Well

Lot Info

  • Assessor Parcel Number: 31-014-165-006-00
  • Lot Dimensions: 247*227*99*154*254
  • Acreage: 1.4
  • Geo Subdivision: MI

MLS Schools

  • School District: Lake Linden Hubbell School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2016
Closed on
Jun 30, 2016
Sold by
Teresa Frankovich
Bought by
Colling Timothy K and Colling Trisha S
Seller's Agent
Josh Stein
NORTHERN MICHIGAN LAND BROKERS - H
Buyer's Agent
Josh Stein
NORTHERN MICHIGAN LAND BROKERS - H
List Price
$299,500
Sold Price
$281,000
Premium/Discount to List
-$18,500
-6.18%
Current Estimated Value
$537,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,477
Avg. Annual Appreciation
7.31%
Original Mortgage
$224,800
Outstanding Balance
$179,941
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$357,536

Purchase Details

Closed on
Jan 14, 2009
Bought by
Frankovich Teresa
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
Colling Timothy K $281,000 Copper Range Abs & Title
Frankovich Teresa $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colling Timothy K $224,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2016 06/30/16 Sold $281,000 -6.2% $164 / Sq Ft
05/04/2016 05/04/16 For Sale $299,500 -- $175 / Sq Ft
05/03/2016 05/03/16 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 $4,899 $224,577 $0 $0
2024 $2,921 $196,974 $0 $0
2023 $2,784 $168,023 $0 $0
2022 $4,465 $157,532 $0 $0
2021 $4,162 $151,985 $0 $0
2020 $4,225 $153,624 $0 $0
2019 $4,565 $159,061 $0 $0
2018 $4,033 $155,337 $0 $0
2017 $3,816 $145,488 $0 $0
2016 -- $147,599 $0 $0
2015 -- $149,300 $0 $0
2014 -- $147,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Josh Stein

    Seller's Agent in 2016

    Josh Stein

    NORTHERN MICHIGAN LAND BROKERS - H

    (906) 370-4898

    392 Total Sales

    Josh Stein
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10023046

Upper Peninsula Association of REALTORS®

APN: 014-165-006-00

Michigan Houghton County Lake Linden 49945

45518 Rabbit Bay Rd, Lake Linden, MI

This home is located at 45518 Rabbit Bay Rd, Lake Linden, MI 49945 since 04 May 2016 and is currently estimated at $537,477, approximately $314 per square foot. 45518 Rabbit Bay Rd is a home located in Houghton County with nearby schools including Lake Linden-Hubbell Schools.

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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