NOT LISTED FOR SALE

512 E Broad St Unit Lat 46.75345 Lon -88 Lanse, MI 49946

Estimated Value: $178,000 - $183,579

5 Beds
1.5 Baths
2,106 Sq Ft
$85/Sq Ft Est. Value

Last Sold December 28, 2016

Last sale price $92,000 $44 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,128/month

238 Days on Market

Highlights

  • Main Floor Bedroom
  • Fireplace
  • Hot Water Heating System
  • 1 Car Detached Garage
  • Bathroom on Main Level

About This Home

As of December 2016

MICHIGAN VILLAGE HOME WITH TRADITIONAL GEORGIAN STYLE ARCHITECTURE FOR SALE! This home is located in the Village of L'Anse, which is located on the southern end of Lake Superior's Keweenaw Bay. This area is rich in history, and was settled first by native Americans, and later by French explorers, trappers, loggers, and missionaries. It is a great area, with a cultural mingling of people of many nationalities who were drawn to the areas mining, lumbering, and agricultural opportunities. Today tourism is key. A deep water Marina and "Big Lake" boating, fishing, and swimming is just "down the street". Several waterfalls, camp sites, X-Country ski trail, hunting tracts, and many tourist attractions that offer sightseeing, bring people into the area in every season. If you are looking for the Upper Peninsula lifestyle, this captivating house bespeaks formality and permanence! The Georgian style, with its long history in America, is among our country’s most consistently popular styles. It is admired for its rectangular, symmetrical design, classic proportions, and simple formality. Research about this home reveals that is was built in 1924 by a Finnish Craftsman, with all local help, for a wealthy Lumber Man and his Family. The fine wood interior features in the home were hand selected from the Owner's timber lands! This home has a centrally located front door, evenly spaced double-hung windows and a simple hip roof. The five double-hung rectangular, evenly spaced, windows across the house’s façade, typifies the Georgian style. Georgian style usually meant brick - and this beautiful home has just that, a low-maintenance masonry exterior! The Front Entrance - A portico - is an open porch with a roof structure supported by columns. The interior of Georgians are traditionally arranged according to strict symmetry and proportion. This all begins with the centrally located entrance, hallway and staircase around which the interior rooms are positioned. These balanced geometries are seen in this home. The front door opens into a foyer, which then leads to the central hall with a staircase around which the interior rooms are positioned. (A door at the back of the hall, to the right of the staircase, leads to an entrance to the back yard.) A formally defined Living or Great Room is situated off the central hall and is just one of many highlights of this regal home. The room has Double French Doors, hand crafted decorative moldings with rich stains that preserve and showcase the natural beauty of the grain, re-finished hardwood flooring, and a warm and inviting (electric) fireplace with a masonry surround and mantle piece. It will be the site of many gatherings! On the opposite side of the Grand Hall are another set of Double French Doors that lead to a formal Dining Area, and Kitchen, which features more locally selected birch veneer cabinetry. A 9x14 Room off the Dining Area has an original masonry wall and "eye brow" window. Currently... Cont

Last Agent to Sell the Property

Tim Keohane

GREAT LAKES & LAND OF MARQUETTE, INC. License #UPAR Listed on: 03/14/2016

Last Buyer's Agent

Tim Keohane

GREAT LAKES & LAND OF MARQUETTE, INC. License #UPAR Listed on: 03/14/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,090

Year Built

  • Built in 1924

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 75x150

Parking

  • 1 Car Detached Garage

Interior Spaces

  • 2,106 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Basement Fills Entire Space Under The House
  • Oven or Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 07-044-701-005-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,090

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 2 Story
  • Year Built: 1924
  • Mail City: L'Anse
  • Unit Number Building Number: Lat 46.75345 Lon -88.44803
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Range/Oven
  • Fireplace: Yes
  • Basement: Yes
  • Basement: Full
  • Bedrooms: 5
  • Bedroom 1: On 2nd Floor, Dimensions: 12 x 13
  • Bedroom 2: On 2nd Floor, Dimensions: 12 x 13
  • Bedroom 3: On 2nd Floor, Dimensions: 10 x 12
  • Bedroom 4: On 2nd Floor, Dimensions: 10 x 11
  • Bedroom 5: On 1st Floor, Dimensions: 9 x 14
  • Full Bathrooms: 1
  • 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
  • Breakfast Nook: On 1st Floor, Dimensions: 12 x 14
  • Kitchen: On 1st Floor, Dimensions: 11 x 12
  • Living Room: On 1st Floor, Dimensions: 13 x 25
  • Below Grade Sq Ft: 918
  • Above Grade Finished Sq Ft: 2106
  • Total Finished Sq Ft: 2106
  • Half Bathrooms: 1

Exterior Features

  • Foundation: Basement
  • Lake Name: Lake Superior
  • Road: City/County

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 1
  • Garage: Yes

Utilities

  • Heating: Hot Water
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 07-044-701-005-00
  • Lot Dimensions: 75x150
  • Acreage: 0.25
  • Geo Subdivision: MI

MLS Schools

  • School District: L'anse Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2016
Closed on
Dec 9, 2016
Sold by
Rankinen Irene M
Bought by
Johnson Jeremy A and Johnson Samantha J
Seller's Agent
Tim Keohane
GREAT LAKES & LAND OF MARQUETTE, INC.
Buyer's Agent
Tim Keohane
GREAT LAKES & LAND OF MARQUETTE, INC.
List Price
$99,500
Sold Price
$92,000
Premium/Discount to List
-$7,500
-7.54%
Current Estimated Value
$179,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,860
Avg. Annual Appreciation
7.93%

Purchase Details

Closed on
Nov 1, 1989
Bought by
Rankinen Irene M
Source: Public Records

Range of Values:

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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
Johnson Jeremy A $92,000 --
Rankinen Irene M $28,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2016 12/28/16 Sold $92,000 -7.5% $44 / Sq Ft
11/07/2016 11/07/16 Pending -- -- --
03/14/2016 03/14/16 For Sale $99,500 -- $47 / 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 $2,090 $76,373 $0 $0
2024 $1,807 $69,424 $0 $0
2023 $1,723 $52,836 $0 $0
2022 $189 $45,555 $0 $0
2021 $1,944 $45,799 $0 $0
2020 $1,919 $45,075 $0 $0
2019 $1,246 $45,154 $0 $0
2018 -- $43,194 $0 $43,194
2017 -- $45,044 $0 $0
2016 -- $32,933 $0 $0
2015 -- $32,835 $0 $0
2014 -- $32,318 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10022202

Upper Peninsula Association of REALTORS®

APN: 044-701-005-00