NOT LISTED FOR SALE

516 Red Rd Michigamme Township, MI 49861

Estimated Value: $300,794 - $505,000

2 Beds
1 Bath
620 Sq Ft
$587/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $136,000 $219 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $1,886/month

732 Days on Market

Highlights

  • Lake Front
  • Pole Barn
  • Fireplace
  • Pier or Dock
  • 2 Car Detached Garage
  • Porch

About This Home

As of May 2018

Over 300' of frontage on (arguably) the most beautiful lake in the Upper Peninsula! You won't own the whole lake when you purchase this get-a-way, but you'll feel like you do! You can't see any of your neighbors from the dock, or the camp:) The hand crafted log cabin was built in the early fifties by skilled artisans. Includes a beautiful stone wood burning fireplace in the great room. And, if two bedrooms aren't enough, there's a guest loft in the detached garage for extra guest. With over an acre of ground, finding room to ad on or rebuild are distinct possibilities.

Last Agent to Sell the Property

Terry Huffman

RE/MAX 1ST REALTY License #UPAR Listed on: 03/28/2016

RE/MAX 1ST REALTY

Last Buyer's Agent

Stephen Andreae

RE/MAX 1ST REALTY License #UPAR-6501403476

RE/MAX 1ST REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34

Year Built

  • Built in 1950

Lot Details

  • 1.5 Acre Lot
  • Lot Dimensions are 335x233x366x101
  • Lake Front

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 620 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Crawl Space
  • Oven or Range

Bedrooms and Bathrooms

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

Outdoor Features

  • Pole Barn
  • Porch

Utilities

  • Space Heater
  • Heating System Uses Wood
  • Radiant Heating System
  • Septic Tank

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 520960002900

Home Details

Home Type

Single Family

Est. Annual Taxes

$34

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 1 Story
  • Total Tax Year: 2017
  • Year Built: 1950
  • Mail City: Michigamme
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Range/Oven
  • Fireplace: Yes
  • Bedrooms: 2
  • Bedroom 1: On 1st Floor, Dimensions: 8 x 10
  • Bedroom 2: On 1st Floor, Dimensions: 8 x 10
  • 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: 7 x 9
  • Kitchen: On 1st Floor, Dimensions: 7 x 9
  • Living Room: On 1st Floor, Dimensions: 13 x 15
  • Above Grade Finished Sq Ft: 620
  • Total Finished Sq Ft: 620

Exterior Features

  • Exterior: Log
  • Exterior Features: Porch
  • Foundation: Crawl
  • Frontage: 335
  • Lake Name: Lake Michigamme
  • Road: City/County
  • Water Features: Dock/Pier Facility, Lake Frontage, Interior Lake
  • Waterfront: Yes
  • Out Buildings: Pole Barn
  • Frontage Type: Water

Garage/Parking

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

Utilities

  • Heating: Radiant, Space Heater
  • Heating Fuel: Wood
  • Sewer: Septic
  • Water: Private Well

Lot Info

  • Assessor Parcel Number: 520960002900
  • Lot Dimensions: 335x233x366x101
  • Acreage: 1.5
  • Geo Subdivision: MI

Tax Info

  • Total Tax: Year: 2017

MLS Schools

  • School District: Republic Michigamme Schools

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

Mortgage History

Date Status Borrower Loan Amount
Closed Sundell Ronald C $113,000
Closed Sundell Ronald C $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2018 05/31/18 Sold $136,000 -30.3% $219 / Sq Ft
03/30/2018 03/30/18 Pending -- -- --
03/28/2016 03/28/16 For Sale $195,000 -- $315 / 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 $34 $135,000 $0 $0
2024 $34 $103,900 $0 $0
2023 $966 $104,400 $0 $0
2022 $4,308 $122,000 $0 $0
2021 $4,478 $93,600 $0 $0
2020 $5,329 $122,000 $0 $0
2019 $5,270 $109,400 $0 $0
2018 $2,099 $135,300 $0 $0
2017 $2,062 $125,350 $0 $0
2016 $2,023 $132,950 $0 $0
2015 -- $132,950 $0 $0
2014 -- $133,050 $0 $0
2012 -- $132,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Terry Huffman

    Seller's Agent in 2018

    Terry Huffman

    RE/MAX 1ST REALTY

    (906) 360-8258

    257 Total Sales

    Section Image
  • Stephen Andreae

    Buyer's Agent in 2018

    Stephen Andreae

    RE/MAX 1ST REALTY

    (906) 869-0509

    114 Total Sales

    Section Image
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10022164

Upper Peninsula Association of REALTORS®

APN: 52-09-600-029-00

Michigan Marquette County Michigamme 49861

516 Red Rd, Michigamme, MI

This home is located at 516 Red Rd, Michigamme Township, MI 49861 since 28 March 2016 and is currently estimated at $363,699, approximately $586 per square foot. This property was built in 1950. 516 Red Rd is a home located in Marquette County with nearby schools including Republic-Michigamme 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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