NOT LISTED FOR SALE

5423 Finns Spur Rd Chatham, MI 49816

Estimated Value: $237,781 - $261,000

3 Beds
1 Bath
1,050 Sq Ft
$238/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $285,000 $271 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $1,444/month

Highlights

  • Sauna
  • Deck
  • Farm
  • 40 Acre Lot
  • Wood Burning Stove
  • Wooded Lot

About This Home

As of May 2024

Check out this beautiful homestead on a gorgeous 40 acres of great mix of farm fields and a 10 acre wooded plot. These fields are all tilled and ready for you to plant or for your farm animals to graze upon. These fields have harvested a great yield in the past of a large variety of vegetable's and grains as well as maple syrup in the spring. The older farm house has undergone some extensive improvements in the last 2-3 years such as new underground electric service and 220 electrical service to the pump house as well as a new water pump and pressure tank. Other improvements to this 3-4 bedroom farm house include refinishing the original hardwood floors throughout, refinishing the original wood trim around doors and windows as well as re-glazing the windows. The current owners take great pride in "refurbishing not replacing" and have done an excellent job restoring the natural beauty of this home. You'll love the beauty inside and outside with an abundance of apple trees, lilacs galore, some of the biggest maple and oak you'll ever see as well as a nice variety of other perennials.

Last Agent to Sell the Property

Andi Goriesky

SELECT REALTY License #UPAR Listed on: 05/23/2024

Last Buyer's Agent

Cynthia Spafford

UPPER PENINSULA NC License #UPAR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1919

Lot Details

  • 40 Acre Lot
  • Lot Dimensions are 1320 x 1320
  • Rural Setting
  • Wooded Lot
  • Garden

Home Design

  • Farmhouse Style Home
  • Fixer Upper
  • Brick Exterior Construction
  • Poured Concrete
  • Asbestos

Interior Spaces

  • 1,050 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Stove
  • Living Room with Fireplace
  • Sauna
  • Freezer
  • Wood Flooring
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Porch

Farming

  • Horse or Livestock Barn
  • Farm

Utilities

  • Forced Air Heating System
  • Heating System Uses Wood
  • Heating System Uses Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 02-008-127-026-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,389

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type: Fixer-Upper, Farm, Residential
  • Type Of Property: Single Family
  • Architecture Style: Farm House
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 1319
  • Year Built: 1919
  • Mail City: Chatham
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Hardwood Floors
  • Appliances: Freezer
  • Fireplace: Yes
  • Fireplaces: LivRoom Fireplace, Wood Stove
  • Basement: Yes
  • Basement: Poured, Partial
  • Bedrooms: 3
  • Bedroom 1: On Main Floor, Dimensions: 13 x 14
  • Bedroom 1 Floor Covering: Wood
  • Bedroom 2: On Upper Floor, Dimensions: 11 x 7
  • Bedroom 2 Floor Covering: Wood
  • Bedroom 3: On Upper Floor, Dimensions: 11 x 10
  • Bedroom 3 Floor Covering: Wood
  • Room Types: First Floor Bedroom
  • Kitchen: On Main Floor, Dimensions: 15 x 15
  • Kitchen Floor Covering: Wood
  • Living Room: On Main Floor, Dimensions: 15 x 13
  • Living Room Floor Covering: Wood
  • Below Grade Sq Ft: 600
  • Above Grade Finished Sq Ft: 1050
  • Total Finished Sq Ft: 1050

Exterior Features

  • Exterior: Brick, Asbestos
  • Exterior Features: Deck, Porch, Garden Area
  • Foundation: Basement, Michigan Basement, Partial Basement
  • Frontage: 1320
  • Road: City/County, Paved Street, Year Round
  • Out Buildings: Barn, Workshop, Sauna
  • Frontage Type: Road

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: LP/Propane Gas, Wood
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: None

Lot Info

  • Farm Features: Dairy Barn, Horse Barn
  • Assessor Parcel Number: 02-008-127-026-00
  • Zoning: Residential
  • Lot Description: Deep Lot - 150+ Ft.
  • Lot Dimensions: 1320 X 1320
  • Acreage: 40
  • Geo Subdivision: MI
  • Site/Lot Features: Rural, Farm, Platted, Wooded

Tax Info

  • Summer Tax: Year: 2023, Amount: $773.00
  • Winter Tax: Year: 2023, Amount: $546.00
  • Total Tax: Amount: $1,319.00

MLS Schools

  • School District: Superior Central Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
May 24, 2024
Sold by
Hiser Kenneth
Bought by
Mckelvey Ramani and Mckelvey Michelle R
Seller's Agent
Andi Goriesky
SELECT REALTY
Buyer's Agent
Cynthia Spafford
UPPER PENINSULA NC
List Price
$285,000
Sold Price
$285,000
Current Estimated Value
$249,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,609
Avg. Annual Appreciation
-9.60%

Purchase Details

Listed on
Jun 7, 2022
Closed on
Jul 13, 2022
Sold by
Kariniemi Jacob T
Bought by
Hiser Kenneth and Goulding Alina
Seller's Agent
Craig Heinonen
COLDWELL BANKER SCHMIDT REALTORS
Buyer's Agent
Cynthia Spafford
UPPER PENINSULA NC
List Price
$250,000
Sold Price
$205,000
Premium/Discount to List
-$45,000
-18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.38%
Source: Public Records

Range of Values:

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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
Mckelvey Ramani $285,000 --
Hiser Kenneth $205,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $285,000 0.0% $271 / Sq Ft
05/23/2024 05/23/24 For Sale $285,000 +39.0% $271 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
07/14/2022 07/14/22 Sold $205,000 -6.8% $195 / Sq Ft
06/22/2022 06/22/22 Price Changed $220,000 -12.0% $210 / Sq Ft
06/07/2022 06/07/22 For Sale $250,000 -- $238 / 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 $1,389 $62,200 $0 $0
2024 $810 $52,100 $0 $0
2023 $773 $50,600 $0 $0
2022 $510 $50,100 $0 $0
2021 $1,187 $50,100 $0 $0
2020 $1,165 $47,300 $0 $0
2019 $1,165 $44,400 $0 $0
2018 $1,091 $41,500 $0 $0
2017 $1,040 $41,600 $0 $0
2016 $1,012 $41,600 $0 $0
2015 $1,161 $40,500 $0 $0
2014 $1,161 $40,400 $0 $0
2013 $1,143 $40,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andi Goriesky

    Seller's Agent in 2024

    Andi Goriesky

    SELECT REALTY

    (906) 361-4655

    214 Total Sales

    Andi Goriesky
    Section Image

  • C

    Buyer's Agent in 2024

    Cynthia Spafford

    UPPER PENINSULA NC

    (906) 228-4870

    292 Total Sales

    Cynthia Spafford
    Section Image
  • Craig Heinonen

    Seller's Agent in 2022

    Craig Heinonen

    COLDWELL BANKER SCHMIDT REALTORS

    (906) 231-3635

    392 Total Sales

    Craig Heinonen
    Section Image
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50143185

Upper Peninsula Association of REALTORS®

APN: 02-008-127-026-00

Michigan Alger County Chatham 49816

5423 Finns Spur Rd, Chatham, MI

This home is located at 5423 Finns Spur Rd, Chatham, MI 49816 since 23 May 2024 and is currently estimated at $249,391, approximately $237 per square foot. This property was built in 1919. 5423 Finns Spur Rd is a home located in Alger County with nearby schools including Superior Central 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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