NOT LISTED FOR SALE

52145 Canal Rd Houghton, MI 49931

Estimated Value: $392,000 - $736,258

4 Beds
2 Baths
3,438 Sq Ft
$172/Sq Ft Est. Value

Last Sold June 26, 2023

Last sale price $653,500 $190 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $3,617/month

41 Days on Market

Highlights

  • New Construction
  • Waterfront
  • Deck
  • Houghton Elementary School Rated A
  • Craftsman Architecture
  • Patio

About This Home

As of June 2023

Introducing your dream home, a stunning new ICF construction, with a beautiful private beach area with 160ft+/- of water frontage perfect for summer fun! This hidden gem is just 6 minutes away from the vibrant city of Houghton, offering a serene and tranquil lifestyle while still close to all the amenities you need but with Stanton taxes! This custom-built 4 bedroom, 2 full bath, 2 half bath, 1 office home is designed with long-term durability and efficiency in mind. Its Insulated Concrete Formed exterior walls provide an optimum sound-blocking and energy-efficient environment, giving you peace of mind and allowing you to save on your energy bills! The interior of this home has been tastefully decorated by local interior home design company, Harbor and Pine. Buyers will appreciate the open concept living space that is both functional and aesthetically pleasing. With great central cooling for the summer, you can relax in comfort and enjoy the gorgeous sunrises on the composite deck in front. The large walk-out basement leads to the front yard, offering possibilities for expansion, and potential to be converted into another living space. The basement also features washer and dryer hookups in the downstairs bath, which can be gas or electric, just like the ones upstairs. Furthermore, the home features an oversized septic system, providing extra capacity for future expansions such as a waterfront cabin which the seller had thoughts of constructing. Framed Sauna is ready to be finished to the next homeowners liking! Basement bathroom will be completed. Showings to commence THURSDAY. Info believed accurate but not warranted. Buyer to verify all info. Lot size, sq footage etc are estimated. Seller may have recording devices present. By entering property you consent to being recorded. Seller requests 72 hrs response time on offers. Seller, at seller's sole discretion, with or without notice, reserves the right to set and/or modify offer deadlines. By appt only

Last Agent to Sell the Property

Devin Raasio

CENTURY 21 AFFILIATED License #UPAR-6501445701 Listed on: 05/08/2023

CENTURY 21 AFFILIATED

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 1.08 Acre Lot
  • 160 Ft Wide Lot
  • Waterfront

Home Design

  • Craftsman Architecture
  • Ranch Style House
  • Wood Siding

Interior Spaces

  • Ceiling height of 9 feet or more
  • Electric Fireplace
  • Walk-Out Basement
  • Dishwasher

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Drilled Well
  • Liquid Propane Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 013-158-050-25 &013-158-049-00

Home Details

Home Type

Single Family

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type: 1 to 4 Units
  • Type Of Property: Single Family
  • Architecture Style: Ranch, Craftsman
  • New Construction: Yes
  • Total Tax Amount: 3119.18
  • Year Built: 2021
  • Mail City: Houghton
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: 9 ft + Ceilings, Ceramic Floors
  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Fireplaces: Electric Fireplace
  • Basement: Yes
  • Basement: Walk Out
  • Bedrooms: 4
  • Bedroom 1: On Main Floor, Dimensions: 15 x 15
  • Bedroom 1 Floor Covering: Vinyl
  • Bedroom 2: On Main Floor, Dimensions: 12 x 12
  • Bedroom 2 Floor Covering: Vinyl
  • Bedroom 3: On Main Floor, Dimensions: 12 x 12
  • Bedroom 3 Floor Covering: Vinyl
  • Bedroom 4: On Lower Floor, Dimensions: 16 x 12
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Bathroom 1: Dimensions: 15 x 9, On Level: Main, Flooring: Ceramic
  • Bathroom 2: Dimensions: 8 x 6, On Level: Main, Flooring: Ceramic
  • Dining Room: On Main Floor, Dimensions: 13 x 9
  • Dining Room Floor Covering: Vinyl
  • Great Room: On Main Floor, Dimensions: 20 x 19
  • Great Room Floor Covering: Vinyl
  • Kitchen: On Main Floor, Dimensions: 14 x 11
  • Kitchen Floor Covering: Vinyl
  • Laundry: On Main Floor, Dimensions: 10 x 6
  • Laundry Room Floor Covering: Ceramic
  • Living Room: In Basement, Dimensions: 16 x 12
  • Below Grade Sq Ft: 1862
  • Finished Below Grade Sq Ft: 1576
  • Half Bathrooms: 2
  • Above Grade Finished Sq Ft: 1862
  • Total Finished Sq Ft: 3438

Exterior Features

  • Exterior: Wood
  • Exterior Features: Deck, Patio
  • Construction: Incomplete
  • Foundation: Basement
  • Frontage: 160
  • Lake Name: Portage Canal
  • Road: Paved Street, Year Round
  • Water Features: Waterfront
  • Waterfront: Yes
  • Out Buildings: Shed
  • Frontage Type: Water

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Drilled Well
  • Water Heater: Propane Hot Water
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 013-158-050-25 &013-158-049-00
  • Lot Dimensions: 47x133x212x154x232 cont.
  • Acreage: 1.08
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $1,402.91
  • Winter Tax: Year: 2022, Amount: $1,716.27
  • Total Tax: Amount: $3,119.18

MLS Schools

  • School District: Houghton-Portage Twp Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2023
Closed on
Jun 26, 2023
Sold by
Seppala Stephen P and Seppala Kayla M
Bought by
White Thomas M and Gedda Kaela
Seller's Agent
Devin Raasio
CENTURY 21 AFFILIATED
List Price
$659,000
Sold Price
$653,500
Premium/Discount to List
-$5,500
-0.83%
Current Estimated Value
$592,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$61,081
Avg. Annual Appreciation
-3.93%
Original Mortgage
$518,400
Outstanding Balance
$505,849
Interest Rate
6.71%
Mortgage Type
Construction
Estimated Equity
$86,570

Purchase Details

Closed on
Dec 18, 2020
Sold by
Rivers Sharon L
Bought by
Seppala Stephen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
2.7%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 1, 2000
Bought by
Usitalo Robert A and Usitalo Sharon L
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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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
White Thomas M $653,500 Attorney Only
Seppala Stephen P $130,000 Simplifile Lc E-Recording
Usitalo Robert A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Thomas M $518,400
Previous Owner Seppala Stephen P $97,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2023 06/26/23 Sold $653,500 -0.8% $190 / Sq Ft
06/19/2023 06/19/23 Pending -- -- --
05/08/2023 05/08/23 For Sale $659,000 -- $192 / 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 $6,048 $234,200 $0 $0
2024 $2,764 $224,200 $0 $0
2023 $2,570 $227,900 $0 $0
2022 $1,725 $71,600 $0 $0
2021 $118 $4,200 $0 $0
2020 $195 $4,200 $0 $0
2019 $195 $4,200 $0 $0
2018 $193 $4,400 $0 $0
2017 $189 $4,700 $0 $0
2016 -- $4,700 $0 $0
2015 -- $4,700 $0 $0
2014 -- $4,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50108017

Upper Peninsula Association of REALTORS®

APN: 013-158-050-25