NOT LISTED FOR SALE

563 Lighthouse Rd Eagle Harbor, MI 49950

Estimated Value: $291,845 - $356,000

5 Beds
4 Baths
1,912 Sq Ft
$170/Sq Ft Est. Value

Last Sold October 09, 2015

Last sale price $165,000 $86 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $2,237/month

168 Days on Market

Highlights

  • Fireplace
  • Bathroom on Main Level
  • Wood Siding
  • Porch
  • 1-Story Property

About This Home

As of October 2015

Homes like this don't become available often. Historic & charming with views of the lake and harbor. Located in the idyllic town of Eagle Harbor in Michigan's most northern Keweenaw County. Property includes four cottages. The main cottage is 1008 square feet and has 2 bedrooms, 1 full bath, and a great room featuring kitchen, dining area, and living room with a gorgeous stone fireplace built by Louis Azzi (who also worked on the building of the Keweenaw Mountain Lodge). Main cottage also features some newer local maple laminate flooring and some original hardwood floors, original wood work, some original kitchen cabinetry with marble top and some newer cabinetry made to match, bead board walls, newer stove & refrigerator, dishwasher, heated with propane wall furnace with supplemental heat provided by wood burning fireplace, newer roof, porch, patio, and fenced-in yard. "School House Cottage" is 448 square feet and has one large bedroom, 3/4 bath, kitchenette (with refrigerator & stove), and living/dining room. Heated by propane wall furnace with supplemental electric "fireplace". Original hardwood floors. This cottage features a quaint open porch with views of the harbor and big lake and is a great place to watch the world go by in this sleepy hamlet. "Sleeper Cottage" is a one-room efficiency cottage with a 3/4 bath. It has no kitchen but includes a refrigerator, microwave, and coffee pot. 2nd "Sleeper Cottage" is also a one-room efficiency cottage with a 3/4 bath. There is no permanent heat source in either Sleeper Cottage. Washing machine located in an attached shed. A storage shed is also on the property. All four cottages share the septic system. Some furniture and personal property included. Address in purchase agreement. Although not currently used as vacation rentals, you could earn some extra income from your vacation property. Or purchase with a friend and share the space! With a little updating, this could be a year-round home.

Last Agent to Sell the Property

Gretchen Janssen

RE/MAX DOUGLASS R.E.-H License #UPAR Listed on: 04/15/2015

RE/MAX DOUGLASS R.E.-H

Last Buyer's Agent

Mike Cischke

RE/MAX DOUGLASS R.E.-H License #UPAR

RE/MAX DOUGLASS R.E.-H

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,622

Year Built

  • Built in 1935

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 75x75x82x70

Home Design

  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,912 Sq Ft Home
  • 1-Story Property
  • Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathroom on Main Level
  • 4 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Septic Tank
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 4220306550014

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,622

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 1 Story
  • Total Tax Year: 2014
  • Year Built: 1935
  • Mail City: Mohawk
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Dishwasher, Range/Oven
  • Fireplace: Yes
  • Bedrooms: 5
  • Bedroom 1: On 1st Floor, Dimensions: 14 x 9
  • Bedroom 2: On 1st Floor, Dimensions: 13 x 8
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Bathroom 1: On Level: First
  • Bathroom 2: On Level: First
  • Bathroom 3: On Level: First
  • Bathroom 4: On Level: First
  • Room Types: First Floor Bedroom, First Flr Full Bathroom
  • Breakfast Nook: On 1st Floor, Dimensions: 10 x 9
  • Kitchen: On 1st Floor, Dimensions: 16 x 7
  • Living Room: On 1st Floor, Dimensions: 26 x 16
  • Above Grade Finished Sq Ft: 1912
  • Total Finished Sq Ft: 1912

Exterior Features

  • Exterior: Vinyl Siding, Wood
  • Exterior Features: Porch
  • Lake Name: Lake Superior

Garage/Parking

  • Garage: No

Utilities

  • Sewer: Septic
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 4220306550014
  • Lot Dimensions: 75x75x82x70
  • Acreage: 0.13
  • Geo Subdivision: MI

Tax Info

  • Total Tax: Year: 2014

MLS Schools

  • School District: Public Schools of Calumet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2021
Sold by
Pepper Properties Llc
Bought by
Healy Thomas and Healy Angela
Current Estimated Value
$324,461

Purchase Details

Listed on
Apr 15, 2015
Closed on
Oct 9, 2015
Sold by
Philip Mason and Philip Marcia
Bought by
Pepper Properties Llc
Seller's Agent
Gretchen Janssen
RE/MAX DOUGLASS R.E.-H
Buyer's Agent
Mike Cischke
RE/MAX DOUGLASS R.E.-H
List Price
$194,900
Sold Price
$165,000
Premium/Discount to List
-$29,900
-15.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.10%

Purchase Details

Closed on
Sep 22, 2008
Sold by
Scrutton Gratia B
Bought by
Mason Philip P and Heringa Mason Marcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.52%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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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
Healy Thomas $290,000 --
Pepper Properties Llc $165,000 --
Mason Philip P $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mason Philip P $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2015 10/09/15 Sold $165,000 -15.3% $86 / Sq Ft
09/30/2015 09/30/15 Pending -- -- --
04/15/2015 04/15/15 For Sale $194,900 -- $102 / 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 $5,622 $129,396 $36,053 $93,343
2024 -- $111,540 $18,027 $93,513
2023 -- $107,931 $18,027 $89,904
2022 -- $114,413 $18,027 $96,386
2021 $0 $45,506 $17,078 $28,428
2020 -- -- $17,078 $28,911
2019 -- -- $17,192 $28,764
2018 -- -- $15,180 $38,938
2017 -- -- $15,180 $39,188
2016 -- -- $15,180 $39,600
2015 -- -- $15,180 $35,461
2014 -- -- $15,180 $43,432
2013 -- -- $15,180 $43,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10017514

Upper Peninsula Association of REALTORS®

APN: 203-06-550-014