NOT LISTED FOR SALE

5652 Gratiot Lake Dr Mohawk, MI 49950

Estimated Value: $507,092 - $834,000

2.6 Acres
$248,567 Price per Acre
113,256 Sq Ft Lot

Last Sold August 31, 2018

Last sale price $150,000

Est. 331% increase in value since last sale

Current estimated payment $4,229/month

1,166 Days on Market

About This Lot

As of August 2018

Unbelievable waterfront parcel on desirable Gratiot Lake in Keweenaw County! This pristine property features over 451 feet of waterfront for more than enough space and privacy to suit your needs. A quality driveway leads to a three car garage with loft storage, a drilled well, and newer septic system. Beautiful site work with a mix of open, and towering white pine and balsam poplar. Utilities available and enjoy year round county road access. Expansive views over a 1,400+ acre lake with great fishing for walleye, smallmouth bass, northern pike, perch, tiger musky and more. This is the largest inland lake in all of Keweenaw County. This is a special property.

Last Listed By

Josh Stein

NORTHERN MICHIGAN LAND BROKERS - H License #UPAR-6502371572 Listed on: 06/01/2015

Property Details

Property Type

  • Land

Year Built

  • 2021

Lot Details

  • 2.6 Acre Lot
  • 451 Ft Wide Lot
  • Lake Front
  • Wooded Lot

Utilities

  • Septic Tank

Property Details

Property Type

Land

Year Built

2021

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: VACANT LAND
  • Type Of Property: Vacant Land
  • Mail City: Mohawk
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2021

Exterior Features

  • Frontage: 451
  • Lake Name: Gratiot Lake
  • Water Features: Lake Frontage, Interior Lake
  • Waterfront: Yes
  • Roads: City/County, Gravel

Utilities

  • Sewer/Septic System: Septic
  • Fuel On Site: Electric

Schools

  • School District: Public Schools Of Calumet

Lot Info

  • Assessor Parcel Number: TBA
  • Acreage: 2.6
  • Lot Description: Wooded
  • Lot Size: 451*637*951*
  • Geo Subdivision: MI

MLS Schools

  • School District: Public Schools of Calumet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2015
Closed on
Aug 30, 2018
Sold by
Greenshore Llc
Bought by
Asher Dorothy J
Seller's Agent
Josh Stein
NORTHERN MICHIGAN LAND BROKERS - H
Buyer's Agent
Josh Stein
NORTHERN MICHIGAN LAND BROKERS - H
List Price
$380,000
Sold Price
$150,000
Premium/Discount to List
-$230,000
-60.53%
Total Days on Market
1166
Current Estimated Value
$646,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$496,273
Avg. Annual Appreciation
22.40%

Purchase Details

Closed on
Sep 7, 2007
Sold by
Peck Reynold B and Peck Donna L
Bought by
Parcae Llc

Range of Values:

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Average Value
Not Available
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
Asher Dorothy J $150,000 --
Parcae Llc $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peck Reyunold B $236,414
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2018 08/31/18 Sold $150,000 -60.5% --
08/10/2018 08/10/18 Pending -- -- --
06/01/2015 06/01/15 For Sale $380,000 -- --
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 -- $214,912 $54,500 $160,412
2023 -- $188,102 $51,740 $136,362
2022 -- $190,203 $51,900 $138,303
2021 $0 $83,260 $56,200 $27,060
2020 -- -- $56,200 $27,276
2019 -- -- $56,200 $47,999
2018 -- -- $72,623 $29,230
2017 -- -- $72,623 $30,086
2016 -- -- $72,623 $30,402
2015 -- -- $72,623 $26,619
2014 -- -- $83,948 $27,306
2013 -- -- $91,498 $27,587
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10055306

Upper Peninsula Association of REALTORS®

APN: 201-05-250-009