NOT LISTED FOR SALE

501 Water St Negaunee, MI 49866

Estimated Value: $173,000 - $247,000

2 Beds
1 Bath
1,294 Sq Ft
$162/Sq Ft Est. Value

Last Sold July 01, 2021

Last sale price $145,000 $112 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,136/month

8 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Bathroom on Main Level
  • Lakeview Elementary School Rated A-
  • Fenced Yard
  • 1-Story Property

About This Home

As of July 2021

Move in ready City of Negaunee home in a convenient location! Just steps from LaCombe Field, enjoy taking in baseball games through the summer months! The Negaunee football field, downtown, and the Iron Ore Heritage Trail are just a short walk or bike away! Pioneer Days will be a joy here, walk to the parade route, and sit on the new deck to enjoy the fireworks! This single level, 2 bed / 1 bath home is spacious with nearly 1300 finished square feet of living space! The open floor plan concept offers great entertaining space, a large living room with hardwood floors, an expansive kitchen with plenty of counter & cabinet space, a corner window with loads of natural light, and a dining area! Two bedrooms and a full bathroom can be found down the hall from the kitchen. A mudroom opens to the new deck which offers access to the fenced in yard. Downstairs is the laundry room, access to the drive under garage and utility room, and a large finished area that makes a great theatre room/family room/flex space! This home offers great living space, a location that is tough to beat, and is move in ready! Check out the 3D virtual tour!

Last Agent to Sell the Property

Craig Heinonen

COLDWELL BANKER SCHMIDT REALTORS License #UPAR Listed on: 05/10/2021

COLDWELL BANKER SCHMIDT REALTORS

Last Buyer's Agent

Bradley Argall

RE/MAX 1ST REALTY License #UPAR-6501400975

RE/MAX 1ST REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11

Year Built

  • Built in 1956

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 44x100
  • Fenced Yard

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

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

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 1 Car Garage
  • Basement Garage

Outdoor Features

  • Deck

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 52-53-070-001-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$11

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 1 Story
  • Year Built: 1956
  • Mail City: Negaunee
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable/Internet Avail., Hardwood Floors
  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Basement: Yes
  • Basement: Full, Walk Out
  • Bedrooms: 2
  • Bedroom 1: On 1st Floor, Dimensions: 12 x 12
  • Bedroom 2: On 1st 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: 7 x 8
  • Family Room: In Basement, Dimensions: 15 x 24
  • Kitchen: On 1st Floor, Dimensions: 8 x 13
  • Living Room: On 1st Floor, Dimensions: 13 x 18
  • Below Grade Sq Ft: 520
  • Finished Below Grade Sq Ft: 436
  • Above Grade Finished Sq Ft: 858
  • Total Finished Sq Ft: 1294

Exterior Features

  • Exterior: Aluminum
  • Exterior Features: Deck, Fenced Yard
  • Foundation: Basement
  • Road: City/County, Year Round

Garage/Parking

  • Garage: Basement Garage
  • Garage Spaces: 1
  • Garage: Yes

Utilities

  • Heating: Hot Water
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Cooling: Ceiling Fan(s)

Lot Info

  • Assessor Parcel Number: 52-53-070-001-00
  • Lot Dimensions: 44x100
  • Acreage: 0.1
  • Geo Subdivision: MI

MLS Schools

  • School District: Negaunee Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2021
Closed on
Jul 1, 2021
Sold by
Rhianna Carne
Bought by
Heidtman Kathleen H
Seller's Agent
Craig Heinonen
COLDWELL BANKER SCHMIDT REALTORS
Buyer's Agent
Bradley Argall
RE/MAX 1ST REALTY
List Price
$139,900
Sold Price
$145,000
Premium/Discount to List
$5,100
3.65%
Current Estimated Value
$209,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,977
Avg. Annual Appreciation
7.33%
Original Mortgage
$126,000
Outstanding Balance
$114,954
Interest Rate
2.98%
Estimated Equity
$80,107

Purchase Details

Closed on
Apr 20, 2012
Bought by
Koskey Laura
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
Heidtman Kathleen H $145,000 Odea Nordeen And Pickens Pc
Koskey Laura $79,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heidtman Kathleen H $126,000
Previous Owner Carne Rhianna A $106,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2021 07/01/21 Sold $145,000 +3.6% $112 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $139,900 -- $108 / 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 $11 $68,950 $0 $0
2024 $11 $60,950 $0 $0
2023 $1,052 $53,700 $0 $0
2022 $2,183 $44,300 $0 $0
2021 $1,891 $46,200 $0 $0
2020 $1,840 $44,300 $0 $0
2019 $1,816 $43,700 $0 $0
2018 $1,740 $41,450 $0 $0
2017 $1,764 $41,800 $0 $0
2016 $1,524 $38,900 $0 $0
2015 -- $38,900 $0 $0
2014 -- $36,150 $0 $0
2012 -- $34,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10043653

Upper Peninsula Association of REALTORS®

APN: 52-53-070-001-00