NOT LISTED FOR SALE

511 Chicago Mine Rd Wakefield, MI 49968

Estimated Value: $127,654 - $176,000

4 Beds
2 Baths
1,300 Sq Ft
$122/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $49,000 $38 Per Sq Ft

Est. 224% increase in value since last sale

Current estimated payment $918/month

4 Days on Market

Highlights

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

About This Home

As of June 2016

CLASSIC 2 STORY HOME IN A GREAT LOCATION What a great family house! Across from the Little League field and Sunday Lake sits this lovely cedar sided home full of natural daylight and beautiful hardwood floors calling your name. One bedroom on the main level has a full bath with walk-in shower, cedar lined closets and a beautiful built-in for extra storage. This is a bonus room that could have many uses such as a den or family room too. An eat-in kitchen if you so choose along with a built-in hutch and more built-in storage. The large kitchen pantry has room enough for the washer and dryer for added convenience. Formal dining room with hardwood floors or use as the kids play room. Upstairs has 3 bedrooms and a full bath. Sitting on an acre leaves plenty of room to roam in the yard with mature maple trees, an apple tree, flower beds, even an outdoor fireplace and a large shed with a workshop. Full basement with exterior access, newer furnace (natural gas is not hooked up but is available), metal roof and some newer replacement windows. 2 car garage sitting on a nice sized lot across the road gives room to expand or even put in a garden. Don't miss out come take a look today!

Last Agent to Sell the Property

Gayle Colassaco

FIRST WEBER, INC License #UPAR Listed on: 04/16/2016

FIRST WEBER, INC

Last Buyer's Agent

Shirley Carpenedo

SILVER PROPERTIES-EXP REALTY License #UPAR

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1901

Lot Details

  • 1.03

Parking

  • 2 Car Detached Garage

Home Design

  • Cedar

Interior Spaces

  • 1,300 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Basement

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Internet Available

Additional Features

  • Shed
  • 1.03 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 53-07-501-300 & 53-07-501-810

Home Details

Home Type

Single Family

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 2 Story
  • Total Tax Year: 2015
  • Year Built: 1901
  • Mail City: Wakefield
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Range/Oven
  • Basement: Yes
  • Basement: Full, Walk Out
  • Bedrooms: 4
  • Bedroom 1: On 1st Floor, Dimensions: 14 x 13
  • Bedroom 2: On 2nd Floor, Dimensions: 15 x 8
  • Bedroom 3: On 2nd Floor, Dimensions: 14 x 9
  • Bedroom 4: On 2nd Floor, Dimensions: 9 x 7
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: On Level: First
  • Bathroom 2: On Level: Second
  • Room Types: First Floor Bedroom, First Floor Laundry, First Flr Full Bathroom, Primary Bdrm Suite
  • Dining Room: On 1st Floor, Dimensions: 14 x 12
  • Kitchen: On 1st Floor, Dimensions: 14 x 11
  • Living Room: On 1st Floor, Dimensions: 15 x 13
  • Below Grade Sq Ft: 900
  • Above Grade Finished Sq Ft: 1300
  • Total Finished Sq Ft: 1300

Exterior Features

  • Exterior: Cedar
  • Foundation: Basement
  • Lake Name: Sunday Lake
  • Out Buildings: Shed

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • Heating Fuel: Oil
  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 53-07-501-300 & 53-07-501-810
  • Lot Dimensions: 224x154 & 112x96
  • Acreage: 1.03
  • Geo Subdivision: MI

Tax Info

  • Total Tax: Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2025
Sold by
Rezabek Michael D
Bought by
Rezabek Michael D and Rezabek Andrea
Current Estimated Value
$158,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,884
Outstanding Balance
$152,221
Interest Rate
6.77%
Mortgage Type
VA
Estimated Equity
$6,693

Purchase Details

Listed on
Apr 16, 2016
Closed on
Jun 30, 2016
Sold by
Thill Michael F and Thill Amy Lou
Bought by
Rezabek Michael D
Seller's Agent
Gayle Colassaco
FIRST WEBER, INC
Buyer's Agent
Shirley Carpenedo
SILVER PROPERTIES-EXP REALTY
List Price
$49,900
Sold Price
$49,000
Premium/Discount to List
-$900
-1.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.98%
Original Mortgage
$50,050
Interest Rate
3.58%
Mortgage Type
VA

Purchase Details

Closed on
Jun 18, 2010
Sold by
Grasso Rita and Grasso Rita M
Bought by
Thill Michael F and Thill Amy Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,750
Interest Rate
5.05%
Mortgage Type
New Conventional
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
Rezabek Michael D -- None Listed On Document
Rezabek Michael D -- None Listed On Document
Rezabek Michael D $49,000 Associated Title & Closing S
Thill Michael F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rezabek Michael D $152,884
Closed Rezabek Michael D $152,884
Previous Owner Rezabek Michael D $50,050
Previous Owner Thill Michael F $23,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2016 06/30/16 Sold $49,000 -1.8% $38 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
04/16/2016 04/16/16 For Sale $49,900 -- $38 / 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 $1,099 $47,857 $12,029 $35,828
2024 $983 $45,899 $12,624 $33,275
2022 -- $23,806 $11,348 $12,458
Source: Public Records

Agents Affiliated with this Home

  • Gayle Colassaco

    Seller's Agent in 2016

    Gayle Colassaco

    FIRST WEBER, INC

    (906) 364-0621

    197 Total Sales

    Gayle Colassaco
    Section Image

  • S

    Buyer's Agent in 2016

    Shirley Carpenedo

    SILVER PROPERTIES-EXP REALTY

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10022191

Upper Peninsula Association of REALTORS®

APN: 53-07-501-300

Michigan Gogebic County Wakefield 49968

511 Chicago Mine Rd, Wakefield, MI

Not Listed for Sale

Detached

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