NOT LISTED FOR SALE

503 E Cinnabar Bessemer, MI 49911

Estimated Value: $128,000 - $211,000

5 Beds
2 Baths
4,702 Sq Ft
$34/Sq Ft Est. Value

Last Sold September 28, 2023

Last sale price $130,000 $28 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,038/month

58 Days on Market

Highlights

  • Deck
  • Fenced Yard
  • Porch
  • Wood Flooring
  • 3.9 Car Garage
  • Ceiling height of 9 feet or more

About This Home

As of September 2023

COUNTRY LIVING AT ITS BEST. This 5-bedroom, 2 full bath, plus 2-1/2 bath home located on the east end of Bessemer north of Hwy 2 on 3.9 acres is waiting for a new owner. A historic home built in 1895 was once A.D. Johnston's home and an original Sears Roebuck with original woodwork. The kitchen comes with a dinette with a large window to enjoy the morning light, formal dining room with a leaded glass window, large living room, parlor, small bedroom/office, with a half bath. Second floor features 4 additional bedrooms, full bath, with a butler stair staircase that leads up to a walk-up attic with a butler/maid's quarter and another 1/2 bath. The exterior of this home has vinyl siding, a 1 stall attached garage with auto opener and a 2-stall detached garage with a workshop. The front fenced in yard works is great for small children or your pets. You will enjoy the front enclosed porch that looks into the woods and give you that country feeling. Don't be surprised if you see a variety of wildlife roaming through the yard.

Last Agent to Sell the Property

Karen Gullan

NORTHERN TRAILS REALTY License #UPAR Listed on: 06/21/2023

Last Buyer's Agent

Karen Gullan

NORTHERN TRAILS REALTY License #UPAR Listed on: 06/21/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1895

Lot Details

  • 3.9 Acre Lot
  • Lot Dimensions are 269x632
  • Fenced Yard

Parking

  • 3.9 Car Garage

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Free Standing Fireplace
  • Basement
  • Stone Basement
  • Oven or Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Utilities

  • Radiator
  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 51-15-003-300

Home Details

Home Type

Single Family

Year Built

Built in 1895

Lot Details

3.9 Acres

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type: Residential
  • Type Of Property: Single Family
  • Architecture Style: Conventional Frame
  • Structure Style: 2 Story
  • Total Tax Amount: 1482.89
  • Year Built: 1895
  • Mail City: Bessemer
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: 9 ft + Ceilings, Hardwood Floors
  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Fireplaces: Free Standing Fireplace, Other (FireplaceFeatures)
  • Basement: Yes
  • Basement: Stone
  • Bedrooms: 5
  • Bedroom 1: On Main Floor, Dimensions: 9 x 8
  • Bedroom 1 Floor Covering: Wood
  • Bedroom 2: On 2nd Floor, Dimensions: 17 x 13
  • Bedroom 2 Floor Covering: Wood
  • Bedroom 3: On 2nd Floor, Dimensions: 18 x 9
  • Bedroom 3 Floor Covering: Wood
  • Bedroom 4: On 2nd Floor, Dimensions: 11 x 10
  • Bedroom 4 Floor Covering: Wood
  • Bedroom 5: On 3rd Floor
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Bathroom 1: Dimensions: 8 x 7, On Level: Main
  • Bathroom 2: Dimensions: 8 x 6, On Level: Second
  • Breakfast Nook: On Main Floor, Dimensions: 10 x 11
  • Breakfast Nook Floor Covering: Carpet
  • Dining Room: On Main Floor, Dimensions: 15 x 11
  • Dining Room Floor Covering: Carpet
  • Great Room: On Main Floor, Dimensions: 11 x 16
  • Kitchen: On Main Floor, Dimensions: 13 x 9
  • Kitchen Floor Covering: Carpet
  • Living Room: On Main Floor, Dimensions: 14 x 13
  • Living Room Floor Covering: Wood
  • Finished Below Grade Sq Ft: 2351
  • Half Bathrooms: 2
  • Above Grade Finished Sq Ft: 2351
  • Total Finished Sq Ft: 4702

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck, Fenced Yard, Porch
  • Foundation: Basement
  • Frontage: 269
  • Road: City/County, Paved Street, Year Round
  • Out Buildings: Garage(s)
  • Frontage Type: Road

Garage/Parking

  • Garage: Attached Garage, Detached Garage
  • Garage Spaces: 3.9
  • Garage: Yes

Utilities

  • Heating: Boiler, Radiator
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Electric

Lot Info

  • Assessor Parcel Number: 51-15-003-300
  • Zoning: Residential
  • Lot Dimensions: 269x632
  • Acreage: 3.9
  • Geo Subdivision: MI
  • Site/Lot Features: City Limits

Tax Info

  • Summer Tax: Year: 2022, Amount: $1,172.48
  • Winter Tax: Year: 2022, Amount: $310.41
  • Total Tax: Amount: $1,482.89

MLS Schools

  • School District: Bessemer City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2023
Closed on
Sep 29, 2023
Sold by
Roger A Lackman A and Roger Margaret B
Bought by
Sedgewick Gerald
Seller's Agent
Karen Gullan
NORTHERN TRAILS REALTY
Buyer's Agent
Karen Gullan
NORTHERN TRAILS REALTY
List Price
$149,000
Sold Price
$130,000
Premium/Discount to List
-$19,000
-12.75%
Views
5
Current Estimated Value
$160,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,168
Avg. Annual Appreciation
9.01%
Original Mortgage
$123,500
Outstanding Balance
$120,714
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$39,454

Purchase Details

Closed on
Dec 13, 2007
Sold by
Lackman Roger A and Lackman Margaret B
Bought by
Lackman Roger A and Lackman Margaret B
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 Buyer Sale Price Title Company
Sedgewick Gerald $130,000 --
Lackman Roger A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sedgewick Gerald $123,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2023 09/28/23 Sold $130,000 0.0% $28 / Sq Ft
08/18/2023 08/18/23 Pending -- -- --
07/11/2023 07/11/23 Price Changed $130,000 -12.8% $28 / Sq Ft
06/21/2023 06/21/23 For Sale $149,000 -- $32 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

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 $2,552 $65,732 $65,732 $0
2024 $1,519 $60,849 $60,849 $0
2023 -- $50,072 $50,072 $0
2022 $1,449 $37,086 $37,086 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50112904

Upper Peninsula Association of REALTORS®

APN: 51-15-003-300

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