NOT LISTED FOR SALE

5585 N Red Maple St Irons, MI 49644

Estimated Value: $439,000 - $618,000

5 Beds
2 Baths
3,500 Sq Ft
$153/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $380,000 $109 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,689/month

75 Days on Market

Highlights

  • 329 Feet of Waterfront
  • Deck
  • Porch
  • Maid or Guest Quarters
  • Traditional Architecture
  • Tankless Water Heater

About This Home

As of September 2021

Optimal views of lovely Loon Lake from living room, dining room, kitchen and all 5 bedrooms. 1+ acre lot with 329' feet of peaceful lake frontage. End-of-road privacy. Move-in ready on day of closing. Fully furnished, including kitchenware, linens, even paper products. New 95% efficient furnace with 6 heating zones. Permanently installed whole house backup generator. New well. Unfinished great room with vaulted ceiling, waiting to be transformed into additional living space or possible duplex. Huge deck extends width of property from driveway to boat dock and covers 2-stall carport. Plus a fixer-upper cabin on hill with specular view of lake and cute-as-a-bug potential. Paddleboat, row boat, canoe are included. Within 2 miles of 2 restaurants, gas station and corner store.

Last Agent to Sell the Property

Jenna Mahoney

Essential Real Estate License #6506049050 Listed on: 05/30/2021

Last Buyer's Agent

Nonmember Agent

Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,300

Year Built

  • Built in 1955

Lot Details

  • 1.11 Acre Lot
  • 329 Feet of Waterfront
  • Lake Front

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,500 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace

Kitchen

  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Water Access
  • Deck
  • Porch

Utilities

  • Heating System Uses Propane
  • Heating System Uses Wood
  • Heating System Powered By Leased Propane
  • Radiant Heating System
  • Baseboard Heating
  • Power Generator
  • Well
  • Tankless Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,300

Year Built

Built in 1955

Lot Details

1.11 Acres

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1955
  • General Property Info:Basement: No
  • General Property Info:Main Level Primary: Yes
  • Waterfront Options:Water Access YN: Yes
  • Manufactured:Manufactured YN: No
  • Waterfront Options:Water Frontage3: 329.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Oven, Microwave, Dryer, Washer, Range
  • Interior Amenities: In-Law Floorplan, LP Tank Rented
  • Fireplace Features: Wood Burning, Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Crawl Space, Partial
  • LivingArea: 3500.0

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 396500.0
  • Patio and Porch Features: Deck, Porch
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Loon Lake
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel

Utilities

  • Electric: Generator
  • Heating: Baseboard, Radiant
  • Heating: Yes
  • Utilities: Cable Available, Electricity Available, Phone Available
  • Water Source: Well

Lot Info

  • Lot Size Acres: 1.11
  • Lot Size Area: 1.11
  • Lot Dimensions: 210x300 ROUGH IRR
  • Lot Size Sq Ft: 48352.0

Tax Info

  • Tax Annual Amount: 5300.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2021
Closed on
Sep 9, 2021
Sold by
Field Gary L
Bought by
Corbin Charles F and Corbin Tiffany J
Seller's Agent
Jenna Mahoney
Essential Real Estate
Buyer's Agent
Nonmember Agent
Non Member
List Price
$420,000
Sold Price
$380,000
Premium/Discount to List
-$40,000
-9.52%
Current Estimated Value
$536,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,958
Avg. Annual Appreciation
7.99%

Purchase Details

Closed on
Sep 26, 2008
Sold by
Bartoletti Verna J
Bought by
Field Gary L and Field Dolly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Corbin Charles F $380,000 --
Field Gary L $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Field Gary L $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2021 09/10/21 Sold $380,000 -9.5% $109 / Sq Ft
05/30/2021 05/30/21 For Sale $420,000 -- $120 / Sq Ft
Source: MichRIC

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 $11,108 $322,900 $0 $0
2024 $106 $282,600 $0 $0
2022 $10,513 $217,700 $0 $0
2021 $5,589 $191,700 $0 $0
2020 $5,372 $166,600 $0 $0
2019 $5,230 $157,300 $0 $0
2018 $5,139 $146,400 $0 $0
2017 $4,807 $147,900 $0 $0
2016 $4,972 $148,500 $0 $0
2015 -- $141,600 $0 $0
2014 -- $141,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 21019902

MichRIC

APN: 05-003-028-50

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