NOT LISTED FOR SALE

5040 County Road 581 Ishpeming, MI 49849

Estimated Value: $128,000 - $176,037

2 Beds
1 Bath
1,316 Sq Ft
$115/Sq Ft Est. Value

Sale Details

Date Sold: May 9, 2022

Last sale price $120,000 $91 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $895 / mo

163 Days on Market

Highlights

  • Sauna
  • Main Floor Bedroom
  • Space Heater
  • Deck
  • 2 Car Detached Garage

About This Home

As of May 2022

The Yurt is currently used as a vacation rental where it generates around $20,000 a year in gross income. It has potential for even more depending on how the new owner wishes to market it. Currently set up to sleep a maximum of 6 guests. This luxury yurt is no ordinary yurt. There's so many custom features and extra details put into making this a home. Schwalback Kitchens designed the kitchen cabinets. Costing just over 7k. The Corian countertops serves multiple purposes. Not only to look great, the non-porous design make them highly bacteria, mildew, mold and stain resistant. The main level flooring is made out of bamboo, costing another 3k. Bamboo is said to be harder than many types of hardwood, making it a great choice for someone wanting low maintenance in high traffic area's. Take the bull nose oak spiral staircase to the lower level. This is where you'll find the custom built sauna, and gorgeous bathroom. There's just to much to talk about here. But if you take the time to read

Last Agent to Sell the Property

ROBERT PLOTEZKA

KELLER WILLIAMS FIRST UP License #UPAR-6501417990 Listed on: 11/08/2021

KELLER WILLIAMS FIRST UP

Last Buyer's Agent

ROBERT PLOTEZKA

KELLER WILLIAMS FIRST UP License #UPAR-6501417990 Listed on: 11/08/2021

KELLER WILLIAMS FIRST UP

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2009

Lot Details

  • 2.15 Acre Lot
  • 487 Ft Wide Lot

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 1.5-Story Property
  • Sauna

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Basement

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

Outdoor Features

  • Deck

Utilities

  • Space Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 52-16-217-013-05

Home Details

Home Type

Single Family

Year Built

Built in 2009

Lot Details

2.15 Acres

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 1 1/2 Story
  • Year Built: 2009
  • Mail City: Tilden-WI
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Spa/Sauna
  • Basement: Yes
  • Basement: Full, Walk Out
  • Bedrooms: 2
  • Bedroom 1: On Main Floor, Dimensions: 10 x 10
  • Bedroom 2: In Basement, Dimensions: 10 x 10
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: Basement
  • Room Types: First Floor Bedroom
  • Below Grade Sq Ft: 658
  • Finished Below Grade Sq Ft: 658
  • Above Grade Finished Sq Ft: 658
  • Total Finished Sq Ft: 1316

Exterior Features

  • Exterior Features: Deck
  • Foundation: Basement
  • Frontage: 487
  • Road: City/County, Year Round
  • Out Buildings: Barn

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Space Heater
  • Sewer: Septic
  • Water: Private Well

Lot Info

  • Assessor Parcel Number: 52-16-217-013-05
  • Lot Dimensions: 487xirregular
  • Acreage: 2.15
  • Geo Subdivision: MI

MLS Schools

  • School District: NICE Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2024
Sold by
Burt Vincent Norman
Bought by
Brown Blake
Current Estimated Value
$151,509

Purchase Details

Listed on
Nov 8, 2021
Closed on
May 9, 2022
Sold by
Lachapelle Donald P
Bought by
Burt Vincent Norman
Seller's Agent
ROBERT PLOTEZKA
KELLER WILLIAMS FIRST UP
Buyer's Agent
ROBERT PLOTEZKA
KELLER WILLIAMS FIRST UP
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.03%

Purchase Details

Closed on
Mar 30, 2006
Bought by
Lachapelle Donald
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
Brown Blake $114,000 None Listed On Document
Burt Vincent Norman $120,000 Odea Nordeen And Pickens Pc
Lachapelle Donald $35,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2022 05/09/22 Sold $120,000 -4.0% $91 / Sq Ft
04/01/2022 04/01/22 For Sale $125,000 +4.2% $95 / Sq Ft
03/31/2022 03/31/22 Off Market $120,000 -- --
11/08/2021 11/08/21 For Sale $125,000 -- $95 / 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 $1,103 $73,200 $0 $0
2024 $10 $64,700 $0 $0
2023 $649 $64,900 $0 $0
2022 $923 $53,300 $0 $0
2021 $1,665 $53,900 $0 $0
2020 $883 $53,300 $0 $0
2019 $868 $52,900 $0 $0
2018 $904 $57,200 $0 $0
2017 $874 $57,200 $0 $0
2016 $873 $57,700 $0 $0
2015 -- $57,700 $0 $0
2014 -- $57,700 $0 $0
2012 -- $44,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10046487

Upper Peninsula Association of REALTORS®

APN: 52-16-217-013-05

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