NOT LISTED FOR SALE

603 Luoma Rd Wakefield, MI 49968

Estimated Value: $58,305 - $125,000

3 Beds
3 Baths
2,000 Sq Ft
$40/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $39,250 $20 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $595/month

4 Days on Market

Highlights

  • Sauna
  • Bathroom on Main Level
  • Forced Air Heating System
  • Fireplace
  • 1-Story Property
  • 1 Car Garage

About This Home

As of September 2021

Ravenhurst, the former 70's ski lodge and longtime family homestead, is ready for a new chapter! Hidden in the woods on a beautiful sloping 1.74 acre lot, this large one story home is in need updates but has loads of potential! Main floor has kitchen open to a large dining area and great room with hardwood floors, fireplace and library nook plus 3 bedrooms; one with stool & sink and cedar-lined closet, a full bath and walk-in closet. A new block foundation was added in the 70's and the full basement features a tuck-under garage, workshop area, 3 finished rooms and a bathroom with shower and large sauna. Many quirky details throughout this unique property known as Ravenhurst. Being sold "AS IS".

Last Agent to Sell the Property

Anna Bolich

NORTHERN TRAILS REALTY License #UPAR-6501200764 Listed on: 08/23/2021

Last Buyer's Agent

Anna Bolich

NORTHERN TRAILS REALTY License #UPAR-6501200764 Listed on: 08/23/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 1.74 Acre Lot
  • Lot Dimensions are 200x150

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Sauna
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Parking

  • 1 Car Garage
  • Basement Garage

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Internet Available

Community Details

  • Community Storage Space

Listing and Financial Details

  • Assessor Parcel Number 2753-23-005-500

Home Details

Home Type

Single Family

Year Built

Built in 1900

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: 2020
  • Year Built: 1900
  • Mail City: Wakefield
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable/Internet Avail., Spa/Sauna
  • Fireplace: Yes
  • Basement: Yes
  • Basement: Full
  • Bedrooms: 3
  • Bedroom 1: On Main Floor, Dimensions: 10 x 14
  • Bedroom 2: On Main Floor, Dimensions: 9 x 10
  • Bedroom 3: On Main Floor, Dimensions: 10 x 12
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Lower
  • Bathroom 3: On Level: Main
  • Room Types: First Floor Bedroom, First Flr Full Bathroom
  • Below Grade Sq Ft: 1317
  • Finished Below Grade Sq Ft: 700
  • Above Grade Finished Sq Ft: 1317
  • Total Finished Sq Ft: 2000
  • Half Bathrooms: 2

Exterior Features

  • Exterior: Wood
  • Foundation: Basement
  • Road: City/County, Year Round

Garage/Parking

  • Garage: Basement Garage
  • Garage Spaces: 1
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Electric, Oil
  • Sewer: Public Sanitary
  • Water: Public Water

Condo/Co-op/Association

  • Community Features: Storage

Lot Info

  • Assessor Parcel Number: 2753-23-005-500
  • Lot Dimensions: 200x150
  • Acreage: 1.74
  • Geo Subdivision: MI

Tax Info

  • Total Tax: Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2023
Sold by
West Ricky W and West Carrie C
Bought by
North Carrick Llc
Current Estimated Value
$79,326

Purchase Details

Listed on
Aug 23, 2021
Closed on
Sep 27, 2021
Sold by
Jacobson James Orville
Bought by
West Rick W and West Carrie C
Seller's Agent
Anna Bolich
NORTHERN TRAILS REALTY
Buyer's Agent
Anna Bolich
NORTHERN TRAILS REALTY
List Price
$39,000
Sold Price
$39,250
Premium/Discount to List
$250
0.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.60%
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
North Carrick Llc -- None Listed On Document
West Rick W $39,250 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2021 09/24/21 Sold $39,250 +0.6% $20 / Sq Ft
08/27/2021 08/27/21 Pending -- -- --
08/23/2021 08/23/21 For Sale $39,000 -- $20 / 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 $2,184 $33,553 $8,680 $24,873
2024 $1,599 $33,828 $9,556 $24,272
2023 -- $29,643 $4,978 $24,665
2022 -- $24,683 $4,978 $19,705
Source: Public Records

Agents Affiliated with this Home

  • Anna Bolich

    Seller's Agent in 2021

    Anna Bolich

    NORTHERN TRAILS REALTY

    (906) 364-3549

    149 Total Sales

    Anna Bolich
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10046042

Upper Peninsula Association of REALTORS®

APN: 53-23-005-500

Michigan Gogebic County Wakefield 49968

603 Luoma Rd, Wakefield, MI

Not Listed for Sale

Detached

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