NOT LISTED FOR SALE

5497 N Straits Hwy Cheboygan, MI 49721

Estimated Value: $436,000 - $520,000

1.26 Acres
$385,378 Price per Acre
54,886 Sq Ft Lot

Last Sold April 09, 2020

Last sale price $250,000 $82 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,902/month

29 Days on Market

Highlights

  • Second Garage
  • Ranch Style House
  • Lower Floor Utility Room
  • Vaulted Ceiling
  • Home Office
  • Workshop

About This Lot

As of April 2020

Beautifully done 4 bedroom 2 bath home situated near Mullett Lake, Topinabee, Indian River and Cheboygan. This home was completely updated. New Kitchen with Cherry Cabinets, Granite Counter Tops and Stainless Steel Appliances (2017) New floors and Carpet(2015), Basement Kitchen, Dining and living room all updated and new ((2014). Central Air, New forced air ducts expansion (2018), New Septic and Field (2018). Basement has two sets of french doors for walk-outs. The detached garage is Frame Construction, insulated and larger then 3 car capacity. Finally, access to the Rails and Trails is right across the street. So much to list. This is a must see. Call today.

Last Agent to Sell the Property

Dan O'Hare

Real Estate One Indian River Brokerage Phone: 231.238.7400 License #6506046314 Listed on: 02/03/2020

Real Estate One Indian River

Last Buyer's Agent

Randy Ernst

Berkshire Hathaway HomeServices-Cheboygan License #6501385372

Berkshire Hathaway HomeServices-Cheboygan

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,639

Year Built

  • Built in 1978

Lot Details

  • 1.26 Acre Lot

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Siding
  • Vinyl Construction Material

Interior Spaces

  • 3,048 Sq Ft Home
  • Vaulted Ceiling
  • Living Room
  • Dining Room
  • Home Office
  • Workshop
  • Lower Floor Utility Room
  • Tile Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Parking

  • 2 Car Attached Garage
  • Second Garage
  • Heated Garage
  • Driveway

Utilities

  • Forced Air Heating System
  • Pellet Stove burns compressed wood to generate heat
  • Well
  • Septic Tank
  • Septic System
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 130-003-300-002-01
  • Tax Block SEC 3

Community Details

Overview

  • T36n/R2w Subdivision

Recreation

  • Separate Outdoor Workshop
  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$2,639

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Directions: From I75: Straits Hwy through Topinabee to sign on left.
  • Garage Yn: Yes
  • Lot Size: 1.26 acres
  • Prop. Type: Residential
  • Bedroom 1 Level: 1st
  • Bedroom 2 Level: 1st
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • Year Built: 1978
  • Attribution Contact: 231.238.7400
  • PropertySubType: Residential Lot
  • Road Frontage Type: None
  • ResoLaundryFeatures: Lower Level
  • Lot Size Acres: 1.26
  • Road Surface Type: Paved, Maintained
  • NAV29_Unit_1_Appliances: Washer, Range/Oven, Refrigerator, Microwave, Garbage Disposal, Dryer, Dishwasher
  • Co List Office Phone: 231-238-7400
  • MLS Status: Closed
  • Subdivision Name: T36N/R2W
  • Above Grade Finished Sq Ft: 1932.0
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Old MLS
  • Reso Window Features: Egress Windows
  • Contract Information:Short Sale: No
  • Property Information Waterfront: No
  • General Property Information Lot Size Dimensions: 1.26 acres
  • Property Information Total Bathrooms2: 2.0
  • Property Information:Style2: Ranch
  • Property Information Construction: Frame
  • Water Well2: Yes
  • Sewer:Septic2: Yes
  • Foundation Basement2: Yes
  • Basement Specifics Full: Yes
  • Exterior:Vinyl2: Yes
  • Appliances Equipmt Dishwasher2: Yes
  • Appliances Equipmt Microwave2: Yes
  • Appliances Equipmt RangeOven: Yes
  • HeatingAir Central Air2: Yes
  • HeatingAir Forced Air3: Yes
  • HeatingAir Natural Gas4: Yes
  • General Property Information:Acres: 1.26
  • Other Rooms Workshop2: Yes
  • Appliances Equipmt Dryer2: Yes
  • Appliances Equipmt Washer2: Yes
  • Appliances Equipmt Garbage Disposal2: Yes
  • LaundryLaundryLowerLevel: Yes
  • Basement Specifics Full-Finished: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Basement: Full, Finished
  • BasementSpecificsBasementSize: 34x36
  • Interior Amenities: Vaulted Ceiling(s), Walk-In Closet(s), 1st Flr Master Bdrm
  • Bedroom 3 Level: 1st
  • Bedroom 4 Level: lower
  • Utility Room Level: lower
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Tile
  • Interior Features Walk - In Closet: Yes
  • Interior Features 1st Flr Master Bdrm: Yes
  • Other Rooms:Office2: Yes
  • Interior Features Vaulted Ceilings2: Yes
  • Interior Features Tile Floor: Yes
  • Interior Features Egress Windows: Yes
  • Interior Features Pellet Stove: Yes

Exterior Features

  • Exterior Features: Extra Garage, Paved Driveways, Satellite Dish, Shed, Workshop
  • Waterfront: No
  • Construction Type: Vinyl
  • Foundation Details: Basement
  • Exterior Features:Shed: Yes
  • Exterior Features Paved Driveways: Yes
  • Exterior Features Workshop: Yes
  • Exterior Features:Satellite Dish: Yes

Garage/Parking

  • Property Information:Garage Stall2: 2
  • Property Information:Garage Type2: Attached/HTD

Utilities

  • Sewer: Septic Tank
  • Heating: Central Air, Forced Air, Natural Gas, Pellet Stove
  • HeatingYN: Yes

Schools

  • Junior High Dist: Cheboygan Area

Lot Info

  • Lot Size Sq Ft: 54885.6
  • ResoLotSizeUnits: Acres
  • Parcel Number: 130-003-300-002-01
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: SEC 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2020
Closed on
Apr 9, 2020
Sold by
Struthers Larry
Bought by
Isard David D and Tracy
Seller's Agent
Dan O'Hare
Real Estate One Indian River
Buyer's Agent
Randy Ernst
Berkshire Hathaway HomeServices-Cheboygan
Sold Price
$250,000
Current Estimated Value
$485,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,576
Avg. Annual Appreciation
13.26%
Original Mortgage
$200,000
Outstanding Balance
$178,705
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$306,871

Purchase Details

Listed on
Oct 20, 2014
Closed on
Nov 7, 2014
Sold by
Walter D Walter D and Mikula Brenda S
Bought by
Struthers Larry W and Struthers Kathleen J
Buyer's Agent
Roger Kopernik
Exit Realty Premier
Sold Price
$176,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.69%

Purchase Details

Closed on
Apr 11, 2014
Sold by
Walter D Walter D and Mikula Brenda S
Bought by
Mikula Self Trusteed Living Revocable

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,050
Interest Rate
4.33%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 22, 2007
Sold by
Magnus Robert
Bought by
Mikula Walter and Mikula Brenda

Purchase Details

Closed on
Jan 3, 2002
Sold by
Poznanski Charles
Bought by
Magnus Robert and Magnus Yvonne
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
Isard David D $250,000 --
Struthers Larry W $176,000 --
Mikula Self Trusteed Living Revocable -- --
Mikula Walter $176,000 --
Magnus Robert $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Isard David D $200,000
Previous Owner Struthers Larry $202,190
Previous Owner Struthers Kathleen J $208,000
Previous Owner Mikula Walter D $147,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2020 04/09/20 Sold $250,000 +42.0% $82 / Sq Ft
03/03/2020 03/03/20 Pending -- -- --
11/07/2014 11/07/14 Sold $176,000 -- $58 / Sq Ft
10/10/2014 10/10/14 Pending -- -- --
Source: Water Wonderland Board 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 $2,639 $194,900 $0 $0
2024 $1,680 $186,200 $0 $0
2023 $1,610 $148,500 $0 $0
2022 $1,560 $118,100 $0 $0
2021 $2,379 $103,300 $0 $103,300
2020 $693 $0 $0 $0
2019 $25 $91,900 $3,700 $88,200
2018 $24 $85,100 $0 $0
2017 $24 $0 $0 $0
2016 $24 $82,200 $0 $0
2015 -- $84,800 $0 $0
2014 -- $70,100 $0 $0
2012 -- $66,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 321143

Water Wonderland Board of REALTORS®

APN: 130-003-300-002-01