NOT LISTED FOR SALE

505 Chicago Mine Rd Wakefield, MI 49968

Estimated Value: $114,639 - $152,000

2 Beds
1 Bath
1,031 Sq Ft
$130/Sq Ft Est. Value

Last Sold October 04, 2017

Last sale price $50,000 $48 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $917/month

106 Days on Market

Highlights

  • Main Floor Bedroom
  • Bathroom on Main Level
  • Wood Siding
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of October 2017

Great Location! Great neighborhood! Enjoy all of the amenities that Sunday Lake has to offer from this charming 2 bedroom, 1 bath home. The lake can be viewed from both living and dining areas through a large picture window. Solid pine wood work and hardwood floors thru out the home. All windows are main floor have been replaced with new vinyl ones. 2nd floor has a huge bonus room waiting to be finished. This is property includes two lots plus a two stall garage. The basement has a tendency of being wet in the spring and during heavy rains. A little TLC and this would be a great investment!

Last Agent to Sell the Property

Jane Carlson-Ballone

THE REAL ESTATE STORE License #UPAR Listed on: 05/05/2017

THE REAL ESTATE STORE

Last Buyer's Agent

Jane Carlson-Ballone

THE REAL ESTATE STORE License #UPAR Listed on: 05/05/2017

THE REAL ESTATE STORE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,464

Year Built

  • Built in 1947

Lot Details

  • 0.81 Acre Lot
  • Lot Dimensions are 208x170

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Siding
  • Cedar

Interior Spaces

  • 1,031 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 53-07-501-200

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,464

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 1 1/2 Story
  • Year Built: 1947
  • Mail City: Wakefield
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Range/Oven
  • Basement: Yes
  • Basement: Full
  • Bedrooms: 2
  • Bedroom 1: On 1st Floor, Dimensions: 14 x 10
  • Bedroom 2: On 1st Floor, Dimensions: 9 x 11
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: First
  • Room Types: First Floor Bedroom, First Flr Full Bathroom
  • Breakfast Nook: On 1st Floor, Dimensions: 10 x 11
  • Family Room: On 2nd Floor
  • Kitchen: On 1st Floor, Dimensions: 8 x 15
  • Living Room: On 1st Floor, Dimensions: 19 x 12
  • Below Grade Sq Ft: 1031
  • Above Grade Finished Sq Ft: 1531
  • Total Finished Sq Ft: 1031

Exterior Features

  • Exterior: Cedar, Wood
  • Foundation: Basement
  • Lake Name: View of Sunday Lake
  • Road: City/County

Garage/Parking

  • Garage: Detached 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: 53-07-501-200
  • Lot Dimensions: 208x170
  • Acreage: 0.81
  • Geo Subdivision: MI

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2025
Sold by
Neu David O and Neu Cynthia L
Bought by
Neu David O and Neu Cynthia L
Current Estimated Value
$133,660

Purchase Details

Closed on
Dec 14, 2020
Sold by
Mettille David J and Mettille Thomas L
Bought by
Neu David and Neu Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 5, 2017
Closed on
Sep 28, 2017
Sold by
Mcguire Patrick J and Mcguire Sara C
Bought by
Mettille David J and Mettille Thomas L
Seller's Agent
Jane Carlson-Ballone
THE REAL ESTATE STORE
Buyer's Agent
Jane Carlson-Ballone
THE REAL ESTATE STORE
List Price
$54,900
Sold Price
$50,000
Premium/Discount to List
-$4,900
-8.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.32%
Original Mortgage
$45,000
Interest Rate
3.86%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Neu David O -- None Listed On Document
Neu David O -- None Listed On Document
Neu David $60,000 Accommodation
Mettille David J -- Associated Title & Closing S
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Neu David $48,000
Previous Owner Mettille David J $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2017 10/04/17 Sold $50,000 -8.9% $48 / Sq Ft
08/19/2017 08/19/17 Pending -- -- --
05/05/2017 05/05/17 For Sale $54,900 -- $53 / 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 $2,464 $51,438 $6,127 $45,311
2024 $1,947 $49,695 $12,170 $37,525
2022 -- $30,700 $10,941 $19,759
2021 -- $29,097 $5,471 $23,626
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $5,471 $22,065
2017 -- -- $0 $0
2016 -- -- $0 $0
2014 -- -- $0 $0
2013 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jane Carlson-Ballone

    THE REAL ESTATE STORE

    (906) 285-2082

    46 Total Sales

    Jane Carlson-Ballone
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10027434

Upper Peninsula Association of REALTORS®

APN: 53-07-501-200

Michigan Gogebic County Wakefield 49968

505 Chicago Mine Rd, Wakefield, MI

This home is located at 505 Chicago Mine Rd, Wakefield, MI 49968 since 05 May 2017 and is currently estimated at $133,660, approximately $129 per square foot. This property was built in 1947. 505 Chicago Mine Rd is a home located in Gogebic County with nearby schools including Wakefield-Marenisco School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Upper Peninsula Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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