NOT LISTED FOR SALE

490 Deer Lake Rd Ishpeming, MI 49849

Estimated Value: $462,000 - $739,000

4 Beds
3.5 Baths
4,357 Sq Ft
$126/Sq Ft Est. Value

Last Sold November 04, 2020

Last sale price $325,000 $75 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,876/month

364 Days on Market

Highlights

  • Sauna
  • Main Floor Bedroom
  • Home Office
  • Deck
  • Whirlpool Bathtub
  • 4 Car Garage

About This Home

As of November 2020

You will appreciate the best of both worlds, town and camp in one place with inspirational views of Deer Lake from this beautiful home!! Spectrum Cable / Internet, only 1.5 miles from U.S. 41 and only 15 minutes from Marquette. Large master suite overlooking the lake! New Roof on Home and Garage/Barn with 2 HVAC units. Check out the horse barn that has been converted into a large 3 car garage, plenty of storage for your toys. Great snowmobile and cross country trails. Near Bell Memorial Hospital, schools and shopping. Wonderful layout! One entire area of this lovely home is an entertainers dream! Large game room, hot tub and sauna! You will be surrounded by beautiful woods, nature, and breathtaking sunsets. There is also an abundance of wildlife right out your door - Deer, Loons, Eagles, Fox, Ducks and Turtles to name a few! Deer Lake Basin has earned a reputation as a fishery that hosts high catch rates of walleye and northern pike. This lake is comprised of two elongated basins that provide more than 900 acres of quality fishing. The property sits on approximately 2 acres with an additional 1.5 acres included with the land lease for a total of almost 3.5 acres and 1000ft of lake frontage.

Last Agent to Sell the Property

Gina Feltner Bouws

RE/MAX 1ST REALTY License #UPAR-297275 Listed on: 07/29/2019

RE/MAX 1ST REALTY

Last Buyer's Agent

Adam Karki

RE/MAX 1ST REALTY License #UPAR

RE/MAX 1ST REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47

Year Built

  • Built in 1964

Lot Details

  • 1.95 Acre Lot
  • Lot Dimensions are 715x119

Home Design

  • Tri-Level Property
  • Brick Exterior Construction
  • Masonite

Interior Spaces

  • 4,357 Sq Ft Home
  • Fireplace
  • Window Treatments
  • Home Office
  • Sauna
  • Partial Basement

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • Whirlpool Bathtub

Parking

  • 4 Car Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Propane
  • Septic Tank
  • Internet Available

Community Details

  • Community Storage Space

Listing and Financial Details

  • Assessor Parcel Number 52-07-133-005-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$47

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: Tri-Level
  • Total Tax Year: 2018
  • Year Built: 1964
  • Mail City: Ishpeming
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Cable/Internet Avail., Window Treatment(s), Spa/Sauna
  • Appliances: Dishwasher, Range/Oven
  • Fireplace: Yes
  • Basement: Yes
  • Basement: Partial
  • Bedrooms: 4
  • Bedroom 1: On Upper Floor, Dimensions: 28 x 16
  • Bedroom 2: On Upper Floor, Dimensions: 16 x 12
  • Bedroom 3: On Upper Floor, Dimensions: 15 x 13
  • Bedroom 4: On Lower Floor, Dimensions: 19 x 11
  • Bathrooms Description: Whirlpool/Hot Tub
  • Full Bathrooms: 3
  • Total Bathrooms: 4
  • Bathroom 1: On Level: Upper
  • Bathroom 2: On Level: Upper
  • Bathroom 3: On Level: Lower
  • Bathroom 4: On Level: Lower
  • Room Types: First Floor Bedroom, Home Office, First Flr Full Bathroom, Primary Bdrm Suite
  • Dining Room: On Main Floor, Dimensions: 22 x 13
  • Family Room: On Lower Floor, Dimensions: 25 x 25
  • Kitchen: On Main Floor, Dimensions: 24 x 12
  • Living Room: On Lower Floor, Dimensions: 20 x 19
  • Below Grade Sq Ft: 538
  • Above Grade Finished Sq Ft: 4357
  • Total Finished Sq Ft: 4357
  • Half Bathrooms: 1

Exterior Features

  • Exterior: Aluminum, Brick, Masonite
  • Exterior Features: Deck, Porch
  • Foundation: Partial Basement
  • Frontage: 715
  • Lake Name: Deer Lake
  • Road: City/County
  • Out Buildings: Barn
  • Frontage Type: Water

Garage/Parking

  • Garage: Attached Garage, Detached Garage, Gar Door Opener
  • Garage Spaces: 4
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Private Well
  • Cooling: Central A/C, Exhaust Fan

Condo/Co-op/Association

  • Community Features: Storage

Lot Info

  • Assessor Parcel Number: 52-07-133-005-00
  • Lot Dimensions: 715x119
  • Acreage: 1.95
  • Geo Subdivision: MI

Tax Info

  • Total Tax: Year: 2018

MLS Schools

  • School District: Ishpeming Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2019
Closed on
Oct 21, 2020
Sold by
Feller Thomas P and Feller Diane K
Bought by
Mcgrath Owen and Mcgrath Savannah
Seller's Agent
Gina Feltner Bouws
RE/MAX 1ST REALTY
Buyer's Agent
Adam Karki
RE/MAX 1ST REALTY
List Price
$379,900
Sold Price
$325,000
Premium/Discount to List
-$54,900
-14.45%
Current Estimated Value
$547,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,579
Avg. Annual Appreciation
11.04%
Original Mortgage
$260,000
Outstanding Balance
$230,835
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$316,744

Purchase Details

Closed on
Oct 6, 1995
Bought by
Feller Thomas and Feller Diane
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
Mcgrath Owen $325,000 Odea Nordeen And Pickens Pc
Feller Thomas $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgrath Owen $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2020 11/04/20 Sold $325,000 -14.5% $75 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
07/29/2019 07/29/19 For Sale $379,900 -- $87 / 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 $47 $257,200 $0 $0
2024 $47 $234,700 $0 $0
2023 $1,929 $201,900 $0 $0
2022 $5,603 $202,200 $0 $0
2021 $5,441 $180,300 $0 $0
2020 $4,919 $202,200 $0 $0
2019 $4,837 $200,700 $0 $0
2018 $4,735 $196,300 $0 $0
2017 $4,624 $210,900 $0 $0
2016 $4,564 $198,200 $0 $0
2015 -- $198,200 $0 $0
2014 -- $198,200 $0 $0
2012 -- $198,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10037648

Upper Peninsula Association of REALTORS®

APN: 52-07-133-005-00