NOT LISTED FOR SALE

626 Lake St Negaunee, MI 49866

Estimated Value: $177,589 - $273,000

4 Beds
4 Baths
2,588 Sq Ft
$90/Sq Ft Est. Value

Last Sold October 19, 2021

Last sale price $100,000 $39 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $1,306/month

Highlights

  • 9 Acre Lot
  • Lakeview Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of October 2021

This four plex has always been rented. It is in an area with many single family homes. The roof was replace around 15 years ago.

Last Agent to Sell the Property

James Bradbury

RE/MAX 1ST REALTY License #UPAR-6501355423 Listed on: 09/03/2021

RE/MAX 1ST REALTY

Last Buyer's Agent

Kellie Hillier-Genschaw

RE/MAX 1ST REALTY License #UPAR

RE/MAX 1ST REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $35

Year Built

  • Built in 1880

Lot Details

  • 9 Acre Lot
  • Lot Dimensions are 50x106

Parking

  • 3 Car Parking Spaces

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 53-090-087-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$35

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Year Built: 1880
  • Mail City: Negaunee
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Estimated Sq Ft: 2588

Exterior Features

  • Roads: City/County, Year Round

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

  • Water: Public Water
  • Fuel Type: Electric, Natural Gas
  • Heating System: Forced Air
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 53-090-087-00
  • Lot Dimensions: 50x106
  • Acreage: 9
  • Geo Subdivision: MI

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Negaunee Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2023
Sold by
Patterson Jerad R and Patterson Holly L
Bought by
H & J Property Group Llc
Current Estimated Value
$238,047

Purchase Details

Listed on
Sep 3, 2021
Closed on
Oct 19, 2021
Sold by
Njb Llc
Bought by
H & J Property Group Llc
Seller's Agent
James Bradbury
RE/MAX 1ST REALTY
Buyer's Agent
Kellie Hillier-Genschaw
RE/MAX 1ST REALTY
List Price
$129,900
Sold Price
$100,000
Premium/Discount to List
-$29,900
-23.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.84%
Original Mortgage
$80,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 1996
Source: Public Records

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
H & J Property Group Llc -- None Listed On Document
H & J Property Group Llc $100,000 None Listed On Document
-- $57,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner H & J Property Group Llc $80,000
Previous Owner Njb Llc $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2021 10/19/21 Sold $100,000 -23.0% $39 / Sq Ft
09/03/2021 09/03/21 For Sale $129,900 -- $50 / Sq Ft
09/02/2021 09/02/21 Pending -- -- --
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 $35 $105,600 $0 $0
2024 $35 $91,600 $0 $0
2023 $2,931 $77,900 $0 $0
2022 $4,446 $63,400 $0 $0
2021 $3,273 $65,450 $0 $0
2020 $3,198 $63,400 $0 $0
2019 $3,140 $62,800 $0 $0
2018 $3,087 $58,750 $0 $0
2017 $3,035 $59,250 $0 $0
2016 $2,992 $56,800 $0 $0
2015 -- $56,800 $0 $0
2014 -- $53,750 $0 $0
2012 -- $50,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10072530

Upper Peninsula Association of REALTORS®

APN: 52-53-090-087-00