NOT LISTED FOR SALE

503 Spring House Ln Houghton, MI 49931

Estimated Value: $459,772 - $642,000

3 Beds
2 Baths
2,365 Sq Ft
$235/Sq Ft Est. Value

Last Sold February 02, 2017

Last sale price $266,500 $113 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $3,395/month

198 Days on Market

Highlights

  • 1.08 Acre Lot
  • Fireplace
  • 2 Car Attached Garage
  • South Range Elementary School Rated 9+
  • Porch
  • Bathroom on Main Level

About This Home

As of February 2017

A gem in the woods! All of the updates have been made to allow you to move right in. Beautifully situated on a corner lot with approximately one acre of land and one of the best landscaped lots in town, this home has great curb appeal. If you thought the outside was awesome, the interior and the improvements made will not disappoint. This home has a warm feeling with a inviting foyer, being overlooked by an upper level balcony, dining room, kitchen with breakfast nook, formal living room with fireplace, family room, office, 3/4 bathroom, and a necessary mudroom for your coats and shoes. The main floor provides a lot of necessary space, function, and will allow for different options for your needs. Upstairs you will find three very comfortable bedrooms, full bath and 'bonus' space on the balcony for a reading nook or additional office space. The lower level offers function for storage and laundry but also offers potential for additional living space with a fireplace already in place. The lower level is also a walk out to the back yard. Quality and meaningful improvements added to this the solidly constructed home include wood added to the vaulted ceilings, upgraded wood laminate flooring, kitchen configured to maximize space and has stainless appliances, new furnace in 2016, blown and spray foam insulation cutting heating costs by over 60%, hot water heater, dishwasher, microwave, dryer, remodeling to create the spacious living space on the main floor, ceiling upgrades, staining of exterior, refinished deck, sprinkler system and landscaping upgrades. The interior and exterior complement each other very well. The exterior landscaping's beauty and function will give you an opportunity to do many activities including gardening, relaxing, and entertaining on your huge, private back deck. Convenient location being in the City of Houghton and close to schools, Michigan Tech and shopping.

Last Agent to Sell the Property

David Jukuri

CENTURY 21 AFFILIATED License #UPAR Listed on: 05/31/2016

CENTURY 21 AFFILIATED

Last Buyer's Agent

Melissa Maki

COLDWELL BANKER SCHMIDT REALTORS License #UPAR-6506043229

COLDWELL BANKER SCHMIDT REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1994

Lot Details

  • 1.08 Acre Lot
  • Lot Dimensions are 240x199x237x200
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Siding
  • Cedar

Interior Spaces

  • 2,365 Sq Ft Home
  • 2-Story Property
  • Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Basement

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

Outdoor Features

  • Shed
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 3105218402400

Home Details

Home Type

Single Family

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 2 Story
  • Year Built: 1994
  • Mail City: Houghton
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Dishwasher, Disposal, Microwave, Range/Oven
  • Fireplace: Yes
  • Basement: Yes
  • Basement: Full, Walk Out
  • Bedrooms: 3
  • Bedroom 1: On 2nd Floor, Dimensions: 11 x 14
  • Bedroom 2: On 2nd Floor, Dimensions: 11 x 15
  • Bedroom 3: On 2nd Floor, Dimensions: 10 x 12
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: On Level: First
  • Bathroom 2: On Level: Second
  • Room Types: First Flr Full Bathroom
  • Dining Room: On 1st Floor, Dimensions: 9 x 12
  • Family Room: On 1st Floor, Dimensions: 14 x 13
  • Kitchen: On 1st Floor, Dimensions: 18 x 11
  • Living Room: On 1st Floor, Dimensions: 14 x 17
  • Below Grade Sq Ft: 1316
  • Above Grade Finished Sq Ft: 2365
  • Total Finished Sq Ft: 2365

Exterior Features

  • Exterior: Cedar, Wood
  • Exterior Features: Lawn Sprinkler, Porch
  • Foundation: Basement
  • Road: City/County
  • Out Buildings: Shed

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 3105218402400
  • Lot Dimensions: 240x199x237x200
  • Acreage: 1.08
  • Geo Subdivision: MI

MLS Schools

  • School District: Houghton-Portage Twp Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2016
Closed on
Jan 31, 2017
Sold by
Spiridon Bakiras
Bought by
Marino Mark P and Marino Victoria E
Seller's Agent
David Jukuri
CENTURY 21 AFFILIATED
Buyer's Agent
Melissa Maki
COLDWELL BANKER SCHMIDT REALTORS
List Price
$285,000
Sold Price
$266,500
Premium/Discount to List
-$18,500
-6.49%
Current Estimated Value
$555,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,693
Avg. Annual Appreciation
8.60%
Original Mortgage
$238,500
Outstanding Balance
$198,128
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$357,065

Purchase Details

Closed on
Nov 24, 2009
Bought by
Olsson David and Olsson Karyn
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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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
Marino Mark P $266,500 Keweenaw Title Agcy
Olsson David $219,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marino Mark P $238,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/02/2017 02/02/17 Sold $266,500 -6.5% $113 / Sq Ft
12/15/2016 12/15/16 Pending -- -- --
05/31/2016 05/31/16 For Sale $285,000 +3.6% $121 / Sq Ft
07/31/2015 07/31/15 Sold $275,000 -8.2% $116 / Sq Ft View Prior Sale
06/24/2015 06/24/15 Pending -- -- --
04/20/2015 04/20/15 For Sale $299,500 -- $127 / 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 $5,732 $203,584 $0 $0
2024 $5,556 $193,871 $0 $0
2023 $5,294 $171,543 $0 $0
2022 $6,550 $150,333 $0 $0
2021 $6,406 $144,054 $0 $0
2020 $6,316 $141,061 $0 $0
2019 $6,202 $137,568 $0 $0
2018 $6,043 $130,542 $0 $0
2017 $5,477 $123,494 $0 $0
2016 -- $120,833 $0 $0
2015 -- $124,433 $0 $0
2014 -- $121,236 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10023326

Upper Peninsula Association of REALTORS®

APN: 052-184-024-00