NOT LISTED FOR SALE

5484 Petermann Ln Mohawk, MI 49950

Estimated Value: $124,000

4 Beds
2.5 Baths
1,848 Sq Ft
$67/Sq Ft Est. Value

Last Sold July 29, 2016

Last sale price $400,000 $216 Per Sq Ft

Current estimated payment $811/month

4 Days on Market

Highlights

  • Lake Front
  • 19.5 Acre Lot
  • Fireplace
  • Pier or Dock
  • Main Floor Bedroom
  • Porch

About This Home

As of July 2016

Gratiot Lake, a jewel of the Keewenaw. It is the largest lake in Keweenaw County with over 1438 acres with a maximum depth of 78 feet and an average of 25-30 feet deep. Great fishing for bass, walleye, northern pike, muskie, perch, blue gills and trout. It has 4 inlet streams including Little Gratiot River which flows into Lac La Belle. Management of the lake is by DNR Fisheries Division. There are two homes on the property. The main home has 967 SF on the first floor and 881 on the second floor, a wood deck approximately 219 SF. It was built in 1941 and then remodeled by the owner in 1980. Most recent improvements include a metal roof within the past 5 years as well as new windows and patio door about 12 years ago. The exterior has aluminum siding. The guest cottage is a single story with 2 bedrooms, 1 bath approximately 507 SF and a 124 SF wood deck overlooking the lake. There are 2 sheds, and an oversized garage about 800 SF and a boat house about 333 SF. The house and the cottage have their own well and septic system. The cottage is heated by a propane space heater whereas the house is a propane hot water heater.

Last Listed By

Sharon Suppelsa

CENTURY 21 AFFILIATED License #UPAR-6501383110 Listed on: 05/20/2016

CENTURY 21 AFFILIATED

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 19.5 Acre Lot
  • Lake Front

Parking

  • 2 Car Garage

Interior Spaces

  • 2-Story Property
  • Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Shed
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Hot Water Heating System
  • Septic Tank
  • Internet Available

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 201-05-250-015 and 201-08-150-

Home Details

Home Type

Single Family

Year Built

Built in 1940

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: 1940
  • Mail City: Mohawk
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Dishwasher, Microwave, Range/Oven
  • Fireplace: Yes
  • Basement: Yes
  • Basement: Partial
  • Bedrooms: 4
  • Bedroom 1: On 2nd Floor, Dimensions: 12 x 14
  • Bedroom 2: On 2nd Floor, Dimensions: 12 x 14
  • Bedroom 3: On 1st Floor, Dimensions: 14 x 18
  • Bedroom 4: On 1st Floor, Dimensions: 11 x 18
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Bathroom 1: On Level: Second
  • Bathroom 2: On Level: First
  • Bathroom 3: On Level: First
  • Room Types: First Floor Bedroom, First Flr Full Bathroom
  • Breakfast Nook: On 1st Floor, Dimensions: 9 x 14
  • Family Room: On 1st Floor, Dimensions: 11 x 13
  • Kitchen: On 1st Floor, Dimensions: 9 x 10
  • Living Room: On 1st Floor, Dimensions: 7 x 9
  • Finished Below Grade Sq Ft: 1848
  • Above Grade Finished Sq Ft: 1848
  • Total Finished Sq Ft: 1848
  • Half Bathrooms: 1

Exterior Features

  • Exterior: Aluminum
  • Exterior Features: Porch
  • Foundation: Partial Basement, Crawl
  • Lake Name: Gratiot Lake
  • Water Features: Dock/Pier Facility, Lake Frontage, Interior Lake
  • Waterfront: Yes
  • Out Buildings: Shed

Garage/Parking

  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air, Hot Water
  • Heating Fuel: Electric, LP/Propane Gas
  • Sewer: Septic
  • Water: Private Well

Lot Info

  • Assessor Parcel Number: 201-05-250-015 and 201-08-150-
  • Lot Dimensions: 494 Front FEET Irregular
  • Acreage: 19.5
  • Geo Subdivision: MI

MLS Schools

  • School District: Public Schools of Calumet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2016
Closed on
Jul 29, 2016
Sold by
Kaeding Edward & C Trust
Bought by
Jamison Daniel L
Seller's Agent
Sharon Suppelsa
CENTURY 21 AFFILIATED
Buyer's Agent
Darrell Guitar
CENTURY 21 AFFILIATED
List Price
$424,900
Sold Price
$400,000
Premium/Discount to List
-$24,900
-5.86%
Total Days on Market
4
Current Estimated Value
$124,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$276,000

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
Jamison Daniel L $400,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2016 07/29/16 Sold $400,000 -5.9% $216 / Sq Ft
05/24/2016 05/24/16 Pending -- -- --
05/20/2016 05/20/16 For Sale $424,900 -- $230 / 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
2024 -- $20,000 $20,000 $0
2023 -- $20,000 $20,000 $0
2022 -- $20,000 $20,000 $0
2021 -- $20,000 $20,000 $0
2020 -- -- $20,000 $0
2019 -- -- $20,000 $0
2018 -- -- $7,840 $0
2017 -- -- $7,840 $0
2016 -- -- $7,840 $0
2015 -- -- $7,840 $0
2014 -- -- $3,136 $0
2013 -- -- $3,136 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10023210

Upper Peninsula Association of REALTORS®

APN: 201-05-250-015