NOT LISTED FOR SALE

5010 Portage Cove Houghton, MI 49931

Estimated Value: $387,000 - $961,000

3 Beds
2.5 Baths
2,256 Sq Ft
$327/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $505,000 $224 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,915/month

329 Days on Market

Highlights

  • Lake Front
  • Ranch Style House
  • 3 Car Attached Garage
  • Deck
  • Wood Flooring
  • Bathroom on Main Level

About This Home

As of December 2020

Beautiful waterfront home on Portage Lake and minutes from Michigan Technological University's campus! This 3 to 4 bedroom home is so comfortable and provides the opportunity for one level living with an open concept floor plan designed to enjoy the water view from many areas. Appreciate and enjoy many of the other features of this home including wood floors in kitchen, floor to ceiling two-sided gas fireplace in the living room and 4-season sunroom, water views from many areas of the home, granite counters, central air, six panel doors, foyer, mudroom and more! The loft is open to living room and serves as a great office, family room or guest area. This home may not have a basement but there is still plenty of storage in the attic space above the garage and accessed through the loft area. The exterior of the home is also to be enjoyed with 2 decks, nice open yard between the house and the lake, sandy beach area, paved drive, in-ground sprinkler system and close proximity to recreational trail access points. The most recent updates include renovated bathrooms with granite counter-tops, new mudroom, additional garage bay, newer carpet in living room, sunroom and bedrooms, newer appliances and newer high efficiency furnace. You will say WOW to the expansive view looking across the lake where you can watch the fall colors change, the lights of the ski hill and the glittering water of Portage Lake!

Last Agent to Sell the Property

KRISTINE WEIDNER (JUKURI)

CENTURY 21 AFFILIATED License #UPAR-6502319714 Listed on: 10/30/2019

CENTURY 21 AFFILIATED

Last Buyer's Agent

Greg Oestreich

CENTURY 21 AFFILIATED License #UPAR

CENTURY 21 AFFILIATED

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 0.72 Acre Lot
  • 154 Ft Wide Lot
  • Lake Front
  • Sprinkler System

Parking

  • 3 Car Attached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 2,256 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Wood Flooring
  • Crawl Space

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Internet Available

Community Details

  • Community Storage Space

Listing and Financial Details

  • Assessor Parcel Number 31-052-635-010-06

Home Details

Home Type

Single Family

Year Built

Built in 1998

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
  • Total Tax Year: 2019
  • Year Built: 1998
  • Mail City: Houghton
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable/Internet Avail., Hardwood Floors
  • Appliances: Dishwasher, Disposal, Microwave
  • Fireplace: Yes
  • Fireplaces: Gas Fireplace
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 12 x 12
  • Bedroom 2: On 1st Floor, Dimensions: 13 x 10
  • Bedroom 3: On 1st Floor, Dimensions: 10 x 10
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Bathroom 1: On Level: First
  • Bathroom 2: On Level: First
  • Bathroom 3: On Level: First
  • Room Types: First Floor Bedroom, First Flr Full Bathroom, Primary Bdrm Suite
  • Breakfast Nook: On 1st Floor, Dimensions: 12 x 10
  • Family Room: On 2nd Floor, Dimensions: 24 x 11
  • Kitchen: On 1st Floor, Dimensions: 12 x 12
  • Living Room: On 1st Floor, Dimensions: 30 x 16
  • Other Room1: Dimensions: 12x9, On Level: First
  • Above Grade Finished Sq Ft: 2256
  • Total Finished Sq Ft: 2256
  • Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck, Lawn Sprinkler
  • Foundation: Crawl
  • Frontage: 154
  • Lake Name: Portage Lake
  • Road: City/County
  • Water Features: Lake Frontage, Interior Lake
  • Waterfront: Yes
  • Frontage Type: Water

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 3
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Cooling: Ceiling Fan(s), Central A/C

Condo/Co-op/Association

  • Community Features: Storage

Lot Info

  • Assessor Parcel Number: 31-052-635-010-06
  • Lot Dimensions: 154x225x150x188+/-
  • Acreage: 0.72
  • Geo Subdivision: MI

Tax Info

  • Total Tax: Year: 2019

MLS Schools

  • School District: Houghton-Portage Twp Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2019
Closed on
Dec 1, 2020
Sold by
Carter Jason R and Carter Kathryn R
Bought by
Krueger Timothy
Seller's Agent
KRISTINE WEIDNER (JUKURI)
CENTURY 21 AFFILIATED
Buyer's Agent
Greg Oestreich
CENTURY 21 AFFILIATED
List Price
$585,000
Sold Price
$505,000
Premium/Discount to List
-$80,000
-13.68%
Current Estimated Value
$736,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,794
Avg. Annual Appreciation
7.77%
Original Mortgage
$479,500
Outstanding Balance
$427,659
Interest Rate
2.8%
Mortgage Type
Construction
Estimated Equity
$309,135

Purchase Details

Listed on
Jul 9, 2012
Closed on
Oct 17, 2012
Bought by
Carter Jason R and Carter Kathryn R
Seller's Agent
Joanne Yeo
RE/MAX DOUGLASS R.E.-H
Buyer's Agent
KRISTINE WEIDNER (JUKURI)
CENTURY 21 AFFILIATED
List Price
$475,000
Sold Price
$410,000
Premium/Discount to List
-$65,000
-13.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.60%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Krueger Timothy $505,000 Keweenaw Title Agcy
Carter Jason R $410,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krueger Timothy $479,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/04/2020 12/04/20 Sold $505,000 -13.7% $224 / Sq Ft
09/23/2020 09/23/20 Pending -- -- --
10/30/2019 10/30/19 For Sale $585,000 +42.7% $259 / Sq Ft
10/22/2012 10/22/12 Sold $410,000 -13.7% $238 / Sq Ft View Prior Sale
08/09/2012 08/09/12 Pending -- -- --
07/09/2012 07/09/12 For Sale $475,000 -- $276 / 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 $12,519 $329,732 $0 $0
2024 $9,656 $313,979 $0 $0
2023 $9,200 $278,154 $0 $0
2022 $11,382 $258,947 $0 $0
2021 $11,132 $240,022 $0 $0
2020 $13,758 $228,585 $0 $0
2019 $9,782 $214,557 $0 $0
2018 $9,531 $205,885 $0 $0
2017 $9,408 $209,407 $0 $0
2016 -- $202,712 $0 $0
2015 -- $200,941 $0 $0
2014 -- $209,513 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Buyer's Agent in 2020

    Greg Oestreich

    CENTURY 21 AFFILIATED

    Section Image

  • J

    Seller's Agent in 2012

    Joanne Yeo

    RE/MAX DOUGLASS R.E.-H

See All Agents

Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10038555

Upper Peninsula Association of REALTORS®

APN: 052-635-010-06

Michigan Houghton County Houghton 49931

5010 Portage Cove, Houghton, MI

Not Listed for Sale

Detached

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