Seller's Agent in 2025
Darlene Martin
SELECT REALTY
(906) 251-0166
107 Total Sales
509 Red Rd Michigamme, MI 49861
3
Beds
2.5
Baths
2,454
Sq Ft
1.73
Acres
Highlights
- Boathouse
- New Construction
- Contemporary Architecture
- Lake Front
- Deck
- Cathedral Ceiling
About This Home
As of October 2025This 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
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 29, 2025
Closed on
Oct 10, 2025
Sold by
Brinker Michael W
Bought by
Joseph R Cline And Susan J Cline Living Trust and Cline
Seller's Agent
Darlene Martin
SELECT REALTY
Buyer's Agent
Stephen Andreae
RE/MAX 1ST REALTY
List Price
$775,000
Sold Price
$744,000
Premium/Discount to List
-$31,000
-4%
Views
79
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,320
Avg. Annual Appreciation
-3.98%
Original Mortgage
$444,000
Outstanding Balance
$441,289
Interest Rate
6.56%
Mortgage Type
New Conventional
Estimated Equity
$293,391
Purchase Details
Closed on
Mar 17, 2021
Sold by
Larson and Tina
Bought by
Brinker Michael W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
3.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 27, 2019
Sold by
Lisa A Blondeau Living Trust
Bought by
Larson Scott and Larson Tina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
3.75%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $744,000 | None Listed On Document | |
| Warranty Deed | $105,000 | Odea Nordeen And Pickens Pc | |
| Warranty Deed | $70,000 | Kendricks Bordeau Keefe Seavoy |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $444,000 | New Conventional | |
| Previous Owner | $84,000 | New Conventional | |
| Previous Owner | $56,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/10/2025 10/10/25 | Sold | $744,000 | -0.7% | $303 / Sq Ft |
| 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 |
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 | $1,289 | $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 |
Source: Public Records
Agents Affiliated with this Home
-
Darlene Martin
-
Stephen Andreae
Buyer's Agent in 2025
Stephen Andreae
RE/MAX 1ST REALTY
(906) 869-0509
103 Total Sales
Map
Source: Upper Peninsula Association of REALTORS®
MLS Number: 50176674
APN: 52-09-600-031-00
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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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