$43,500
SOLD MAR 13, 2025

501 Baker Ave Caspian, MI 49915

3 Beds
1 Bath
1,427 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$30 Per Sq Ft

9% Below List Price

38 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Bathroom on Main Level
  • Corner Lot
  • Eat-In Kitchen
  • Forced Air Heating System

About This Home

As of March 2025

Very unique 3 BD/1 bth home situated on a large corner lot. Main level, ordinary floor plan with extraordinary opportunities for change. Current access to the basement is through the attached garage but the main level floor plan can offer several options to install a new access directly from inside the home. Garage and basement floors are dirt leaving the option for you to cover with concrete. This is definitely a diamond in the rough needing some TLC, but the opportunities are broad. This could be an amazing forever home or extraordinary investment. Seller is willing to give an allowance to the buyer of up to $5,000 for repairs or upgrades to the home.

Last Agent to Sell the Property

Punner Franzene

U.P. RIVERLAND REALTY License #UPAR Listed on: 12/21/2024

Last Buyer's Agent

Punner Franzene

U.P. RIVERLAND REALTY License #UPAR Listed on: 12/21/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1950

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 125 x 71
  • Corner Lot

Home Design

  • Ranch Style House
  • Fixer Upper
  • Vinyl Siding

Interior Spaces

  • 1,427 Sq Ft Home
  • Carpet
  • Eat-In Kitchen

Bedrooms and Bathrooms

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

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 2 Car Attached Garage
  • Unassigned Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Electric Water Heater

Community Details

  • Palatka Subdivision

Listing and Financial Details

  • Assessor Parcel Number 36-051-132-008-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$742

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type: Fixer-Upper, Investment, Residential
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 741.75
  • Total Tax Year: 2023
  • Year Built: 1950
  • Mail City: Caspian
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: None (InteriorFeatures)
  • Appliances: Refrigerator
  • Basement: Yes
  • Basement: Block, Full, Unfinished
  • Bedrooms: 3
  • Bedroom 1: On Main Floor, Dimensions: 19 x 16
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On Main Floor, Dimensions: 17 x 16
  • Bedroom 3: On Main Floor, Dimensions: 10 x 11
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 11 x 8, On Level: Main
  • Room Types: First Flr Full Bathroom, Eat-In Kitchen
  • Kitchen: On Main Floor, Dimensions: 16 x 15
  • Laundry: On Main Floor, Dimensions: 5 x 6
  • Living Room: On Main Floor, Dimensions: 17 x 15
  • Below Grade Sq Ft: 1427
  • Above Grade Finished Sq Ft: 1427
  • Total Finished Sq Ft: 1427

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: None (ExteriorFeatures)
  • Foundation: Basement
  • Frontage: 125
  • Road: City/County, Paved Street, Year Round
  • Out Buildings: None (OtherStructures)
  • Frontage Type: Road

Garage/Parking

  • Garage: Attached Garage, Basement Access, Electric in Garage
  • Garage Spaces: 2
  • Parking: Unassigned/General
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: LP/Propane Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Electric

Lot Info

  • Assessor Parcel Number: 36-051-132-008-00
  • Zoning: Residential
  • Lot Description: Large Lot - 65+ Ft.
  • Lot Dimensions: 125 x 71
  • Acreage: 0.2
  • Geo Subdivision: MI
  • Site/Lot Features: Corner Lot, Platted, City Limits

Tax Info

  • Summer Tax: Year: 2023, Amount: $621.51
  • Winter Tax: Year: 2023, Amount: $120.24
  • Total Tax: Year: 2023, Amount: $741.75

MLS Schools

  • School District: West Iron County School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2024
Closed on
Mar 13, 2025
Sold by
Frayer Mathew
Bought by
Messling Bonnie J
Seller's Agent
Punner Franzene
U.P. RIVERLAND REALTY
Buyer's Agent
Punner Franzene
U.P. RIVERLAND REALTY
List Price
$47,600
Sold Price
$43,500
Premium/Discount to List
-$4,100
-8.61%
Views
57
Current Estimated Value
$60,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,747
Avg. Annual Appreciation
46.04%

Purchase Details

Closed on
Oct 2, 2001
Sold by
Cahee Dan
Bought by
Poikonen Russell E

Purchase Details

Closed on
May 24, 2000
Sold by
Schultz Irving A
Bought by
Cahee Dan

Purchase Details

Closed on
Apr 12, 2000
Sold by
Schultz Irving
Bought by
Schultz Irving A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Warranty Deed $43,500 --
Warranty Deed $9,000 --
Quit Claim Deed $5,500 --
Sheriffs Deed -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2025 03/13/25 Sold $43,500 -8.6% $30 / Sq Ft
12/21/2024 12/21/24 For Sale $47,600 -- $33 / 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 $632 $23,770 $23,770 $0
2024 $7 $21,160 $21,160 $0
2023 $588 $17,750 $17,750 $0
2022 $561 $15,640 $15,640 $0
2021 $717 $16,270 $16,270 $0
2020 $621 $17,060 $17,060 $0
2019 -- $16,670 $16,670 $0
2018 -- $17,760 $0 $0
2016 -- $16,240 $0 $0
2015 $17,761 $16,610 $0 $0
2014 $17,761 $17,450 $0 $0
2013 $17,761 $17,770 $0 $0
2012 -- $18,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50163433

Upper Peninsula Association of REALTORS®

APN: 051-132-008-00