509 Red Rd Michigamme, MI 49861
Estimated payment $3,990/month
Highlights
- Boathouse
- New Construction
- Contemporary Architecture
- Lake Front
- Deck
- Cathedral Ceiling
About This Home
This newly built Modern-Style Waterfront Home, suitable for year-round living or as a seasonal cottage, has recently been appraised and is listed below its appraised value. It's the perfect blend of craftsmanship, functionality, and natural beauty, making it an ideal get-a-way for those who appreciate natural warm wood accents & recreation. The open-concept layout showcases a spacious Great Room with 8' high patio doors with transom windows above. The kitchen features a large Quartz island with seating, farmhouse sink and a pantry door that acts as a decorative element, adding warmth and a touch of vintage. Large sliding doors take you to the Trex deck that extends the entire length of the home, perfect for entertaining or enjoying peaceful days overlooking the lake. Under this deck, a rubber membrane was installed to channel water to a gutter to create a dry space - perfect for rainy days or a future screen room. Every bedroom (3) offers stunning views of the lake, the 3rd bedroom, featuring a double French glass door, is a flexible space ideal for a home office. The beautifully landscaped yard includes native plants and a slate fire pit area near the water edge. Morning sunrises are beautiful - plan to swim, boat, fish, kayak and enjoy all this beautiful lake has to offer. The rolling dock and boathouse are bonuses to this property. Additional features include a storage shed (8x12), a prepped/compacted 26 x 32 garage pad, coil installed for AC and Generator ready. Anyone who views this home will recognize it's value immediately....it should be YOU!!
Home Details
Home Type
- Single Family
Est. Annual Taxes
Year Built
- Built in 2022 | New Construction
Lot Details
- 1.73 Acre Lot
- Lot Dimensions are 171 x 369 x 68x107x268
- Lake Front
- Rural Setting
- Irregular Lot
- Sloped Lot
HOA Fees
- $33 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Frame Construction
- Cement Siding
Interior Spaces
- 1-Story Property
- Wet Bar
- Bar Fridge
- Cathedral Ceiling
- Great Room
- Family Room
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Farmhouse Sink
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Boathouse
- Deck
- Patio
- Shed
Utilities
- Forced Air Heating System
- Heating System Uses Propane
- Drilled Well
- Liquid Propane Gas Water Heater
- Septic Tank
Community Details
- Cardinal Point Subdivision
Listing and Financial Details
- Assessor Parcel Number 52-09-600-031-00
Map
Home Values in the Area
Average Home Value in this Area
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 | $28 | $108,200 | $0 | $0 |
| 2024 | $28 | $85,600 | $0 | $0 |
| 2023 | $790 | $85,800 | $0 | $0 |
| 2022 | $1,686 | $47,200 | $0 | $0 |
| 2021 | $1,742 | $36,400 | $0 | $0 |
| 2020 | $2,256 | $47,200 | $0 | $0 |
| 2019 | $2,067 | $42,900 | $0 | $0 |
| 2018 | $2,838 | $57,800 | $0 | $0 |
| 2017 | $3,386 | $68,750 | $0 | $0 |
| 2016 | $2,777 | $73,050 | $0 | $0 |
| 2015 | -- | $73,050 | $0 | $0 |
| 2014 | -- | $73,050 | $0 | $0 |
| 2012 | -- | $73,050 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/04/2025 09/04/25 | Pending | -- | -- | -- |
| 08/11/2025 08/11/25 | Price Changed | $749,000 | -3.4% | $305 / Sq Ft |
| 05/29/2025 05/29/25 | For Sale | $775,000 | -- | $316 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $105,000 | Odea Nordeen And Pickens Pc | |
| Warranty Deed | $70,000 | Kendricks Bordeau Keefe Seavoy |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $387,000 | New Conventional | |
| Closed | $340,000 | Construction | |
| Closed | $84,000 | New Conventional | |
| Previous Owner | $56,000 | New Conventional |
Source: Upper Peninsula Association of REALTORS®
MLS Number: 50176674
APN: 52-09-600-031-00
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