NOT LISTED FOR SALE

551 Lake St Negaunee, MI 49866

Estimated Value: $208,000 - $241,000

3 Beds
1.5 Baths
1,301 Sq Ft
$171/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $149,400 $115 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,205/month

79 Days on Market

Highlights

  • Deck
  • Fenced Yard
  • Shed
  • Lakeview Elementary School Rated A-
  • Porch
  • Forced Air Heating System

About This Home

As of January 2021

Cute move in ready three bedroom two bath home located in a great neighborhood in Negaunee. Main floor offers a living room, large kitchen with stainless steel appliances, dining room and bathroom. Upstairs has all three bedrooms with one being a walk through which could make a great nursery or play room and a full bathroom. Clean full basement is perfect for storage. Outside offers a large deck allowing you to relax while watching the kids or animals play in your fenced in yard and two sheds. Don't forget to add this wonderful home to your list of homes to see!

Last Agent to Sell the Property

Adam Karki

RE/MAX 1ST REALTY License #UPAR Listed on: 10/02/2020

RE/MAX 1ST REALTY

Last Buyer's Agent

Adam Karki

RE/MAX 1ST REALTY License #UPAR Listed on: 10/02/2020

RE/MAX 1ST REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50 x 108
  • Fenced Yard

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,301 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Shed
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 52-53-090-062-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$15

Year Built

Built in 1900

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: 1900
  • Mail City: Negaunee
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail., Window Treatment(s)
  • Basement: Yes
  • Basement: Full
  • Bedrooms: 3
  • Bedroom 1: On 2nd Floor, Dimensions: 14 x 11
  • Bedroom 2: On 2nd Floor, Dimensions: 9 x 13
  • Bedroom 3: On 2nd Floor, Dimensions: 8 x 13
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: On Level: Second
  • Bathroom 2: On Level: First
  • Dining Room: On 1st Floor, Dimensions: 12 x 12
  • Kitchen: On 1st Floor, Dimensions: 17 x 13
  • Living Room: On 1st Floor, Dimensions: 14 x 13
  • Below Grade Sq Ft: 685
  • Above Grade Finished Sq Ft: 1301
  • Total Finished Sq Ft: 1301
  • Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck, Fenced Yard, Porch
  • Foundation: Basement
  • Road: City/County
  • Out Buildings: Shed

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 52-53-090-062-00
  • Lot Dimensions: 50 x 108
  • Acreage: 0.12
  • Geo Subdivision: MI

MLS Schools

  • School District: Negaunee Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Jan 15, 2021
Sold by
Abrams Nathan J and Abrams Cassie L
Bought by
Herman Alex W
Seller's Agent
Adam Karki
RE/MAX 1ST REALTY
Buyer's Agent
Adam Karki
RE/MAX 1ST REALTY
List Price
$144,900
Sold Price
$149,400
Premium/Discount to List
$4,500
3.11%
Current Estimated Value
$222,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,274
Avg. Annual Appreciation
8.98%
Original Mortgage
$141,930
Outstanding Balance
$127,252
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$95,422

Purchase Details

Closed on
Nov 27, 2013
Bought by
Abrams Nathan and Cassie Lahtinen
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Herman Alex W $149,400 --
Abrams Nathan $103,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herman Alex W $141,930
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $149,400 +3.1% $115 / Sq Ft
12/20/2020 12/20/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $144,900 +352.8% $111 / Sq Ft
07/23/2012 07/23/12 Sold $32,000 -35.9% $24 / Sq Ft
07/03/2012 07/03/12 Pending -- -- --
02/01/2012 02/01/12 For Sale $49,900 -- $37 / 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 $15 $95,500 $0 $0
2024 $15 $84,600 $0 $0
2023 $1,408 $73,400 $0 $0
2022 $2,874 $64,300 $0 $0
2021 $1,777 $71,150 $0 $0
2020 $1,729 $64,300 $0 $0
2019 $1,698 $63,550 $0 $0
2018 $1,674 $58,750 $0 $0
2017 $1,649 $59,200 $0 $0
2016 $1,622 $57,050 $0 $0
2015 -- $57,050 $0 $0
2014 -- $38,000 $0 $0
2012 -- $36,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10042134

Upper Peninsula Association of REALTORS®

APN: 52-53-090-062-00