$735,000
SOLD JUL 8, 2024

574 Red Rd Michigamme, MI 49861

2 Beds
2 Baths
1,233 Sq Ft
1.74 Acres

Recently Sold

$596 Per Sq Ft

2% Below List Price

Highlights

  • Lake Front
  • Island Location
  • Deck
  • Sandy Beach
  • Chalet
  • Wood Burning Stove

About This Home

As of July 2024

Escape to your own secluded paradise with this unique island retreat. Imagine arriving by a private drive to find a serene cabin, nestled on 1.75 acres of pristine woodland surrounded by the area's most breathtaking lake. This meticulously maintained home, built in 1991, and newly remodeled, features a stamped metal roof and a wrap-around deck with built-ins offering picturesque views of the water. Inside, you'll find one bedroom and one full bath on each floor, with ample storage and a versatile living area on the second floor that could serve as an additional sleeping space. The property includes a well-equipped pole barn, originally a two-story oversized garage with 600 sq ft workshop above. It is complete with high ceilings and oversized doors for easy access. Electrical connections extend to the barn and all sheds, ensuring convenience for all your projects and storage needs. A permanent concrete dock and multiple sheds provide ample space for storing water toys, lifejackets, and gardening tools. Whether you prefer to relax in a hammock, go boating, fishing, or kayaking, or tinker in the workshop, this island haven offers endless possibilities. Ideal for year-round living or seasonal escapes, this property is perfect for creating cherished memories with family and friends, and best of all, no boat is required to reach your retreat. If you would like the opportunity to own a larger family estate, please view 572 and 576 Red Rd for sale by the same owner.

Last Agent to Sell the Property

Sindy Jensen

RE/MAX 1ST REALTY License #UPAR

RE/MAX 1ST REALTY

Last Buyer's Agent

Sindy Jensen

RE/MAX 1ST REALTY License #UPAR

RE/MAX 1ST REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1991

Lot Details

  • 1.74 Acre Lot
  • 1,700 Ft Wide Lot
  • Lake Front
  • Sandy Beach
  • Street terminates at a dead end
  • Rural Setting
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Garden

HOA Fees

  • $40 Monthly HOA Fees

Home Design

  • Chalet
  • Wood Siding

Interior Spaces

  • 1,233 Sq Ft Home
  • 1.5-Story Property
  • Skylights
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Entryway
  • Living Room with Fireplace
  • Den

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry
  • Sump Pump
  • Crawl Space

Parking

  • 4 Car Detached Garage
  • Heated Garage
  • Workshop in Garage

Outdoor Features

  • Access To Lake
  • Balcony
  • Deck
  • Pole Barn
  • Separate Outdoor Workshop
  • Shed
  • Porch

Location

  • Island Location

Utilities

  • Heating System Uses Wood
  • Baseboard Heating
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 52-09-328-030-00

Community Details

Overview

  • Association fees include hoa
  • Marsha Meyer HOA
  • Cardinal Point Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$5

Year Built

Built in 1991

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type: Residential
  • Type Of Property: Single Family
  • Architecture Style: Chalet
  • Structure Style: 1 1/2 Story
  • Year Built: 1991
  • Mail City: Michigamme
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Hardwood Floors, Sump Pump, Skylights
  • Appliances: Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: LivRoom Fireplace, Wood Stove, Wood Burning
  • Basement: Yes
  • Basement: Interior Access, Sump Pump, Unfinished
  • Bedrooms: 2
  • Bedroom 1: On 1st Floor, Dimensions: 12 x 12
  • Bedroom 1 Floor Covering: Wood
  • Bedroom 2: On 2nd Floor, Dimensions: 15 x 15
  • Bedroom 2 Floor Covering: Carpet
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 7 x 8, On Level: First, Flooring: Ceramic
  • Bathroom 2: Dimensions: 6 x 8, On Level: Second, Flooring: Ceramic
  • Room Types: Den/Study/Lib, Entry, First Floor Bedroom, First Floor Laundry, Living Room, First Flr Full Bathroom, Second Flr Full Bathroom, Pantry, Eat-In Kitchen
  • Family Room: On 2nd Floor, Dimensions: 15 x 16
  • Family Room Floor Covering: Carpet
  • Kitchen: On 1st Floor, Dimensions: 12 x 16
  • Kitchen Floor Covering: Wood
  • Laundry: On 1st Floor, Dimensions: 3 x 2
  • Living Room: On 1st Floor, Dimensions: 14 x 16
  • Living Room Floor Covering: Wood
  • Below Grade Sq Ft: 56
  • Above Grade Finished Sq Ft: 1233
  • Total Finished Sq Ft: 1233

Exterior Features

  • Exterior: Wood
  • Exterior Features: Exterior Balcony, Deck, Porch, Garden Area
  • Foundation: Crawl, Partial Basement
  • Frontage: 1700
  • Lake Name: Lake Michigamme
  • Road: City/County, Gravel, Paved Street, Private Road, Year Round, Private w/association
  • Water Features: All Sports Lake, Island, Lake Frontage, Lake/River Access, Water View, Waterfront, Interior Lake, Sandy Bottom
  • Waterfront: Yes
  • Out Buildings: Pole Barn, Shed, Workshop
  • Frontage Type: Water

Garage/Parking

  • Garage: Detached Garage, Electric in Garage, Heated Garage, Workshop
  • Garage Spaces: 4
  • Garage: Yes

Utilities

  • Heating: Baseboard, Electric Heat
  • Heating Fuel: Electric, Wood
  • Sewer: Septic
  • Water: Other-See Remarks
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Includes: Hoa
  • HOA Fees: 480
  • HOA Fee Frequency: Yearly
  • Community Features: Park
  • Association Contact: Marsha Meyer
  • Association Phone: (734) 904-4043
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 52-09-328-030-00
  • Zoning: Residential
  • Lot Description: Deep Lot - 150+ Ft., Large Lot - 65+ Ft., Treed, Unpaved
  • Lot Dimensions: islands
  • Acreage: 1.74
  • Geo Subdivision: MI
  • Site/Lot Features: Dead End, Rural, Subdivision, Rolling/Hilly, Wooded

Tax Info

  • Summer Tax: Year: 2023, Amount: $2,155.00
  • Winter Tax: Year: 2023, Amount: $3,097.00
  • Total Tax: Year: 2023, Amount: $5,252.00
  • SEV Year: 2023

MLS Schools

  • School District: Republic Michigamme Schools

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2024 07/08/24 Sold $735,000 -2.0% $596 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
05/23/2024 05/23/24 For Sale $750,000 +56.3% $608 / Sq Ft
10/08/2021 10/08/21 Sold $480,000 +28.0% $362 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
08/09/2021 08/09/21 For Sale $375,000 -- $283 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

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 $75 $244,700 $0 $0
2023 $2,155 $246,900 $0 $0
2022 $9,608 $167,100 $0 $0
2021 $1,924 $151,000 $0 $0
2020 $1,894 $167,100 $0 $0
2019 $1,573 $137,400 $0 $0
2018 $1,584 $136,600 $0 $0
2017 $1,559 $124,650 $0 $0
2016 $1,521 $131,100 $0 $0
2015 -- $131,100 $0 $0
2014 -- $132,050 $0 $0
2012 -- $130,850 $0 $0
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $735,000 None Listed On Document
Warranty Deed $480,000 None Listed On Document
Source: Public Records

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50142649

Upper Peninsula Association of REALTORS®

APN: 52-09-328-030-00