$128,000
$1K PRICE DROP

502 Luoma Rd Wakefield, MI 49968

Estimated payment $777/month

Total Views 1,902
3 Beds
1 Bath
1,300 Sq Ft
$98 Price per Sq Ft

Highlights

  • Popular Property
  • Open Floorplan
  • 1 Car Attached Garage
  • Above Ground Pool
  • Enclosed patio or porch
  • Living Room

About This Home

WESTERN UPPER MICHIGAN FAMILY HOME & SLED / UTV RIDING HEADQUARTERS. Check out this 3 BR/1BA roomy home just out of town! This home has plenty of space for you with 3 bedrooms and 1 bathroom upstairs on a very large double + lot (over an acre) that is very private yet close to the City of Wakefield, right smack dab in recreation paradise! This property features newer windows, an attractive and modern kitchen, formal dining room, very large bathroom, maintenance free vinyl siding, huge entry porch, and a metal roof. The pool is included and is ready for backyard parties this Summer! You'll appreciate the high ceilings in this place and all of the natural light throughout the home. Upstairs bedrooms will need some painting to finish to your liking. The garage and shop are attached and have tons of room to stash your sleds or UTVS, trail 2 is right out out the door less than a mile and the extra lot has room to park trailers, or to build on, enjoy as it is or sell. The choice is yours. There's even a water spring with rocks in the back yard! You'll appreciate the privacy here with room for everyone to play in that huge yard. Lots of value here, this home will not last long. Wakefield is an awesome town on the move, skiing and snowboarding are just out of the door here as well as biking, waterfalls, Lake Superior and more. Available now just in time for Summer, make it yours and call today! The U.P. is calling.

Last Listed By

Dan Hafenbredl

Listed on: 05/15/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $699

Year Built

  • 0

Lot Details

  • 1.15 Acre Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Laminate Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Oven

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Above Ground Pool
  • Enclosed patio or porch
  • Shed

Utilities

  • Heating System Uses Steam
  • Radiant Heating System
  • Heating System Uses Propane

Community Details

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$699

Year Built

0

Lot Details

0

Parking

1

Listing Details

  • BuildingCommunityPool: Yes
  • Directions To Property: From Downtown Wakefield head South to Luoma Rd. and head to the East, property is on the South side of the road # 502. Look for Flying Eagle Realty sign.
  • ExteriorEnclosedPorch: Yes
  • ExteriorPatio: Yes
  • FloorLaminate: Yes
  • HamletID: 0
  • HeatFuelPropane: Yes
  • HeatTypeRadiant: Yes
  • HeatTypeSteam: Yes
  • InteriorAmps: 0
  • LandFrontageInFeet: 0
  • LandRentAmount: 0
  • LastPriceValue: 129000
  • Lot Size Acres: 1.15
  • Number Of Stories: 2
  • OutbuildingShed: Yes
  • PercentageOfTaxThatIsDeductable: 0
  • PoolAboveGround: Yes
  • PropertyCity: Wakefield
  • Property Class: 210
  • Prop. Type: House (Detached)
  • PropertyZipCode: 49968
  • PropertyZoneType: 100
  • Renovation Year: 0
  • RoofMetal: Yes
  • Dining Room: Yes
  • Foyer: Yes
  • SForSaleAndRForRental: S
  • SidingVinyl: Yes
  • USStateAbbreviation: MI
  • WaterSourceType: Municipal
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 0

Interior Features

  • ApplianceOven: Yes
  • ApplianceRefrigerator: Yes
  • BasementAreaSquareFootage: 0
  • Basement Type: Full
  • BasementUnfinished: Yes
  • Kitchen Type: Open
  • Fireplaces: 0
  • Number of Rooms: 9
  • Living Room: Yes
  • AboveArea Sq Ft: 1300

Exterior Features

  • Construction Type: Frame
  • Has Pool: Yes

Garage/Parking

  • AttachedParking: 0
  • Garage Type: Attached
  • Numberof Garage Spaces: 1

Utilities

  • Sewer Type: Municipal
  • Utilities: 0

Condo/Co-op/Association

  • HOA Fees: 0
  • Units in Building: 0

Schools

  • School District: Wakefield-Marenisco School District
  • School District: Wakefield-Marenisco School District

Lot Info

  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 3
  • Total Taxes: 0

Tax Info

  • Tax Year: 0

Map

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

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
2024 $699 $39,834 $2,802 $37,032
2022 -- $28,789 $5,604 $23,185
2021 -- $27,168 $2,802 $24,366
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $2,802 $22,756
2017 -- -- $0 $0
2016 -- -- $0 $0
2014 -- -- $0 $0
2013 -- -- $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2025 06/05/25 Price Changed $128,000 -0.8% $98 / Sq Ft
05/15/2025 05/15/25 For Sale $129,000 -- $99 / Sq Ft
Source: My State MLS

Mortgage History

Date Status Loan Amount Loan Type
Closed $35,000 Credit Line Revolving
Source: Public Records

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See All Homes in Wakefield

Source: My State MLS

MLS Number: 11496736

APN: 53-12-500-700

Michigan Gogebic County Wakefield 49968

502 Luoma Rd, Wakefield, MI

This home is located at 502 Luoma Rd, Wakefield, MI 49968 and is currently priced at $128,000, approximately $98 per square foot. 502 Luoma Rd is a home with nearby schools including Wakefield-Marenisco School.

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Nearby Homes
Listing Agent
Dan Hafenbredl
Section Image
(906) 287-3108