NOT LISTED FOR SALE

606 Portage St Houghton, MI 49931

Estimated Value: $164,000 - $180,000

3 Beds
1 Bath
1,296 Sq Ft
$134/Sq Ft Est. Value

Last Sold February 14, 2020

Last sale price $85,000 $66 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $1,094/month

161 Days on Market

Highlights

  • Fenced Yard
  • 1 Car Detached Garage
  • Solar Heating System
  • Houghton Elementary School Rated A
  • Home Security System
  • Forced Air Heating System

About This Home

As of February 2020

Early 20th-century bungalow close to campus and schools. Owner remodeled home to vintage 1950s in 2008 to retain the character of the home and yard. The home has been updated for energy efficiency, with energy-efficient windows, 1kw net-metered solar system that can be expanded, an on-demand gas water heater, 200-amp electrical and additional insulation. The furnace is older but runs well and was inspected on August 19, 2019. Average annual heating cost is well below $700. Electrical use has been under $600 annually. The basement is of old-school design, commonly called a "wet basement" where channels direct water along the perimeter to a French drain at the lower end of the basement. Due to recent rain events, a sump has been added to assist in water removal. The home has three bedrooms and a bath upstairs. Closets are lacking, so one bedroom has been used as a walk-in. All rooms have original softwood painted floors meant to be covered with linoleum or oriental carpets, or easily be resurfaced with laminate. The downstairs has birch wainscot in the living room and the original 1950s kitchen, all with 10-foot ceilings. The home sits on two city lots set up for two home gardens and privacy. Picket fencing and hop trellising protect the gardens from deer. Grapes, raspberries, rhubarb, asparagus, hops, herbs and fruit trees are among the perennial plants in the yard. The property has a detached one-car garage and an outdoor parking pad. Two additional lots on Portage Street come with the property. They provide an additional buffer or can be developed for a single home or duplex. Here is a breakdown of the utilities from 2015 through 2018. The solar was put in in fall 2016, and the electrical use reflects that. Also note to any buyers that net metering is limited to existing systems like this one until the laws change. Plus a homeowner can add up to another 19 Kw of panels. This is a 1Kw system. The 3 year average for ALL Utilities is $1522 per year -- water, gas and electricity. I used the 3-year average because the solar panels were not installed in 2015, and that year was $180 higher than the years since.

Last Agent to Sell the Property

Allan Baker

ALLAN'S REALTY License #UPAR-6502366701 Listed on: 08/27/2019

Last Buyer's Agent

Allan Baker

ALLAN'S REALTY License #UPAR-6502366701 Listed on: 08/27/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,093

Year Built

  • Built in 1945

Lot Details

  • 5.73 Acre Lot
  • Fenced Yard

Parking

  • 1 Car Detached Garage

Home Design

  • Cedar

Interior Spaces

  • 1,296 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Home Security System

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Eco-Friendly Details

  • Solar Heating System

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 052-395-002-00 & 052-395-021-2

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,093

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 2 Story
  • Year Built: 1945
  • Mail City: Houghton
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail., Security System
  • Basement: Yes
  • Basement: Full
  • Bedrooms: 3
  • Bedroom 1: On Upper Floor, Dimensions: 13 x 11
  • Bedroom 2: On Upper Floor, Dimensions: 7 x 11
  • Bedroom 3: On Upper Floor, Dimensions: 13 x 9
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: Upper
  • Kitchen: Dimensions: 12 x 14
  • Living Room: On Main Floor, Dimensions: 20 x 24
  • Below Grade Sq Ft: 440
  • Above Grade Finished Sq Ft: 1296
  • Total Finished Sq Ft: 1296

Exterior Features

  • Exterior: Cedar
  • Exterior Features: Fenced Yard
  • Foundation: Basement
  • Road: City/County

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 1
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas, Solar
  • Sewer: Public Sanitary
  • Water: Public Water
  • Cooling: Ceiling Fan(s)

Lot Info

  • Assessor Parcel Number: 052-395-002-00 & 052-395-021-2
  • Lot Dimensions: 175x100+75x100
  • Acreage: 5.73
  • Geo Subdivision: MI

MLS Schools

  • School District: Houghton-Portage Twp Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2019
Closed on
Feb 14, 2020
Sold by
Maki Paul A and Maki Louise A
Bought by
Hiltunen Louise K
Seller's Agent
Allan Baker
ALLAN'S REALTY
Buyer's Agent
Allan Baker
ALLAN'S REALTY
List Price
$105,000
Sold Price
$85,000
Premium/Discount to List
-$20,000
-19.05%
Current Estimated Value
$173,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,302
Avg. Annual Appreciation
13.36%

Purchase Details

Closed on
Sep 30, 2008
Sold by
Roy Adeline A
Bought by
Maki Paul A and Maki Louise A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hiltunen Louise K $85,000 Transnation Title Agency
Maki Paul A $45,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2020 02/14/20 Sold $85,000 -19.0% $66 / Sq Ft
02/04/2020 02/04/20 Pending -- -- --
08/27/2019 08/27/19 For Sale $105,000 -- $81 / 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 $2,093 $65,933 $0 $0
2024 $1,614 $58,888 $0 $0
2023 $1,538 $46,906 $0 $0
2022 $1,903 $41,787 $0 $0
2021 $1,861 $40,126 $0 $0
2020 $1,745 $38,765 $0 $0
2019 $1,713 $26,742 $0 $0
2018 $1,674 $26,758 $0 $0
2017 $1,606 $27,474 $0 $0
2016 -- $26,321 $0 $0
2015 -- $25,326 $0 $0
2014 -- $25,308 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10038102

Upper Peninsula Association of REALTORS®

APN: 052-395-002-00