NOT LISTED FOR SALE

5720 Gratiot Lake Dr Mohawk, MI 49950

Estimated Value: $254,000 - $307,000

2 Beds
1 Bath
898 Sq Ft
$304/Sq Ft Est. Value

Last Sold June 20, 2016

Last sale price $160,000 $178 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,785/month

42 Days on Market

Highlights

  • Lake Front
  • Wood Burning Stove
  • Fireplace
  • Pier or Dock
  • 2 Car Detached Garage
  • Bathroom on Main Level

About This Home

As of June 2016

Wonderful opportunity to acquire a well cared for family getaway on beautiful Gratiot Lake in Keweenaw County! This clean, comfortable 2 BR 1 BA cottage features a knotty pine interior, large full bath, a freestanding woodstove, propane hot water heat, and a beautiful family room overlooking the 100' of lake frontage. Home warranty included for peace of mind. The 28 x 26 two car garage has heat, and features wonderful guest quarters on the 2nd floor where you'll find two more bedrooms, a kitchenette, bath/shower and living room. Newer 182' drilled well and septic system, both approved by the health department. Outside there is an additional shed with a shop and sauna, and an additional boathouse for additional storage. Gratiot Lake is one of the gems of the Keweenaw, being over 1,400 acres in size, and features fantastic fishing for walleye, smallmouth, perch, pike, tiger musky and more! This is a quiet lake, with most of the shoreline owned by conservancy, preventing any future development. This is the way Keweenaw County was meant to be enjoyed!

Last Agent to Sell the Property

Josh Stein

NORTHERN MICHIGAN LAND BROKERS - H License #UPAR-6502371572 Listed on: 03/29/2016

Last Buyer's Agent

Joel Rastello

CENTURY 21 AFFILIATED License #UPAR-292848

CENTURY 21 AFFILIATED

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,048

Year Built

  • Built in 1926

Lot Details

  • 0.33 Acre Lot
  • Lake Front

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 898 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Wood Burning Stove
  • Crawl Space

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Shed

Utilities

  • Hot Water Heating System
  • Heating System Uses Wood
  • Heating System Uses Propane
  • Septic Tank

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 42-201-05-105-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,048

Year Built

Built in 1926

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: 2015
  • Year Built: 1926
  • Mail City: Mohawk
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal
  • Fireplace: Yes
  • Fireplaces: Wood Stove
  • Bedrooms: 2
  • Bedroom 1: On 1st Floor, Dimensions: 11 x 14
  • Bedroom 2: On 1st Floor, Dimensions: 11 x 10
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: First
  • Room Types: First Floor Bedroom, First Flr Full Bathroom
  • Dining Room: On 1st Floor, Dimensions: 17 x 12
  • Kitchen: On 1st Floor, Dimensions: 11 x 8
  • Living Room: On 1st Floor, Dimensions: 17 x 12
  • Above Grade Finished Sq Ft: 898
  • Total Finished Sq Ft: 898

Exterior Features

  • Exterior: Wood
  • Foundation: Crawl
  • Lake Name: Gratiot Lake
  • Water Features: Dock/Pier Facility, Lake Frontage, Interior Lake
  • Waterfront: Yes
  • Out Buildings: Shed

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Hot Water
  • Heating Fuel: LP/Propane Gas, Wood
  • Sewer: Septic
  • Water: Private Well

Lot Info

  • Assessor Parcel Number: 42-201-05-105-023
  • Lot Dimensions: 100*137*100*150
  • Acreage: 0.33

Tax Info

  • Total Tax: Year: 2015

MLS Schools

  • School District: Public Schools of Calumet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2016
Closed on
Jun 20, 2016
Sold by
Allen Hochstein
Bought by
Clevenger
Seller's Agent
Josh Stein
NORTHERN MICHIGAN LAND BROKERS - H
Buyer's Agent
Joel Rastello
CENTURY 21 AFFILIATED
List Price
$175,000
Sold Price
$160,000
Premium/Discount to List
-$15,000
-8.57%
Current Estimated Value
$272,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,988
Avg. Annual Appreciation
5.93%

Purchase Details

Closed on
Mar 17, 2006
Sold by
Hochstein Eleanor B and Hochstein Alan W
Bought by
Hochstein Eleanor B and Hochstein Allan W
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
Clevenger $160,000 --
Hochstein Eleanor B -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2016 06/20/16 Sold $160,000 -8.6% $178 / Sq Ft
05/10/2016 05/10/16 Pending -- -- --
03/29/2016 03/29/16 For Sale $175,000 -- $195 / 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 $4,048 $119,614 $50,000 $69,614
2024 -- $92,648 $25,000 $67,648
2023 -- $88,162 $23,500 $64,662
2022 -- $101,644 $22,500 $79,144
2021 $0 $91,299 $23,750 $67,549
2020 -- -- $23,750 $67,228
2019 -- -- $23,750 $46,812
2018 -- -- $23,750 $51,918
2017 -- -- $23,750 $53,438
2016 -- -- $23,750 $28,080
2015 -- -- $23,750 $24,586
2014 -- -- $27,500 $25,220
2013 -- -- $30,000 $25,480
Source: Public Records

Agents Affiliated with this Home

  • Josh Stein

    Seller's Agent in 2016

    Josh Stein

    NORTHERN MICHIGAN LAND BROKERS - H

    (906) 370-4898

    387 Total Sales

    Josh Stein
    Section Image
  • Joel Rastello

    Buyer's Agent in 2016

    Joel Rastello

    CENTURY 21 AFFILIATED

    57 Total Sales

    Joel Rastello
    Section Image
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10022275

Upper Peninsula Association of REALTORS®

APN: 201-05-150-023

Michigan Keweenaw County Mohawk 49913

5720 Gratiot Lake Dr, Mohawk, MI

This home is located at 5720 Gratiot Lake Dr, Mohawk, MI 49950 since 29 March 2016 and is currently estimated at $272,988, approximately $303 per square foot. This property was built in 1926. 5720 Gratiot Lake Dr is a home located in Keweenaw County with nearby schools including C.L.K. Elementary School, Washington Middle School, and Horizons Alternative High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Upper Peninsula Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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