NOT LISTED FOR SALE

5218 S Oak Point Ln Sault Sainte Marie, MI 49783

Estimated Value: $161,906 - $512,000

2 Beds
2 Baths
1,000 Sq Ft
$288/Sq Ft Est. Value

Last Sold September 13, 2023

Last sale price $239,000 $239 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,776/month

About This Home

As of September 2023

1920's beach cottage, a beautiful location and full of character. 138 ft of sandy beachfront. Freighters, fishing and sunsets out front. 2 bedrooms , 1 1/2 baths. Several outbuildings including a newer garage with a finished 2nd story. The 2nd story has a couple double beds and a full bath. Dock included.

Last Agent to Sell the Property

Michael Gillhooley

Smith & Company Real Estate Listed on: 09/13/2023

Last Buyer's Agent

Michael Gillhooley

Smith & Company Real Estate Listed on: 09/13/2023

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,191

Year Built

1920

Lot Details

0

Listing Details

  • Home Age: 50+
  • Directions: off ferry go to 4 corners and turn South, follow to Oak Pt.
  • Listing Member Name: MICHAEL GILLHOOLEY
  • Prop. Type: A
  • Co Selling Member Short Id: 026
  • Selling Office Short Id: 004
  • Lot Description Waterfront: Yes
  • Car Storage Capacity: 2
  • Rental Information Laundry: In Garage
  • Association Special Assessment: N
  • Patio Deck: Open Deck
  • Property Style: Ranch
  • Unit 8 Half Bathrooms: 1
  • Waterfront Access: Yes
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Fireplace: Free Standing, Gas Log, In Living Room, Insert, Two
  • Interior: Ceiling Fan, Hardwood Floors, Vaulted Ceilings
  • Second Floor Total Sq Ft: 1000.00
  • Other Rooms: Bonus Room 1
  • Source of Sq Ft: Agent measurement
  • Total Three Quarter Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2

Exterior Features

  • Water Extras: Dock, Out Buildings, Satellite Direct TV, Shed
  • Water View: Yes
  • Exterior: Log - Half
  • Foundation: Block, Crawl Space
  • Window Features:Insulated Windows: Double Pane, Wood

Garage/Parking

  • OutbuildingsStorage:Additional Garage: None
  • GarageStorageType: Garage Detached

Utilities

  • Heating: Baseboard, Electric, Free Standing Fireplace, Propane
  • Water: Drilled Well

Association/Amenities

  • Association Amenities:Pond Seasonal: No

Schools

  • Junior High Dist: Sault Ste Marie

Lot Info

  • Lot Size: 138 x 302
  • Estimated Number of Acres: 0.92
  • Barrier Free: No
  • Homestead: N
  • Mineral Rights: Unknown

Green Features

  • Green Landscaping: Lawn, Outdoor Lighting, Rock

Rental Info

  • Lease V: 55300.00
  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Lot: On Island, On Water, Water View
  • Taxable Value: 47460.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2023
Closed on
Sep 20, 2023
Sold by
Blakley Charles A
Bought by
Yoder Aj and Yoder Karen
Seller's Agent
Michael Gillhooley
Smith & Company Real Estate
Buyer's Agent
Michael Gillhooley
Smith & Company Real Estate
Sold Price
$239,000
Views
3
Current Estimated Value
$288,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,477
Avg. Annual Appreciation
9.24%

Purchase Details

Closed on
Aug 21, 2007
Sold by
St Judes Childrens Research Hospital
Bought by
Blakely Charles A and Blakley Betty Ann

Purchase Details

Closed on
Dec 18, 2006
Sold by
Liv Gerald P Gerald P and Liv Gerald P Hassett Revocable
Bought by
St Jude Childrens Research Hospital
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Yoder Aj $239,000 --
Blakely Charles A $100,000 --
St Jude Childrens Research Hospital -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2023 09/13/23 Sold $239,000 -- $239 / Sq Ft

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 $3,191 $70,000 $0 $0
2024 $807 $65,800 $0 $0
2023 $2,242 $55,300 $0 $0
2022 $2,242 $45,200 $0 $0
2021 $2,155 $43,900 $0 $0
2020 $2,172 $44,400 $0 $0
2019 $2,159 $44,600 $0 $0
2018 $2,108 $43,100 $0 $0
2017 $524 $42,700 $0 $0
2016 $548 $45,100 $0 $0
2011 -- $45,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Gillhooley

    Seller's Agent in 2023

    Michael Gillhooley

    Smith & Company Real Estate

    (906) 440-7389

    249 Total Sales

    Michael Gillhooley
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Map

Michigan Chippewa County Sault Sainte Marie 49783

5218 S Oak Point Ln, Sault Sainte Marie, MI

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