NOT LISTED FOR SALE

698 E River Dr Lanse, MI 49946

Estimated Value: $293,000 - $302,000

3 Beds
2 Baths
1,332 Sq Ft
$223/Sq Ft Est. Value

Last Sold June 27, 2025

Last sale price $300,000 $225 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,834/month

34 Days on Market

Highlights

  • River Front
  • Wood Burning Stove
  • Cathedral Ceiling
  • Deck
  • Ranch Style House
  • Wood Flooring

About This Home

As of June 2025

This inviting home sits on 110 feet of frontage along the beautiful Falls River, offering a peaceful setting with just the right touch of natural charm. Step inside through a covered entry into a small foyer that opens to a warm, open-concept kitchen, dining, and living space. The living room features a cozy gas fireplace, and a free standing wood stove while the dining area includes French doors that lead to a spacious deck—perfect for relaxing or entertaining. The home is accented with beautiful wood floors and slate tile in the entryway. Convenient main-floor laundry is located just off the kitchen, near the interior access to the finished garage, which includes a handy workbench. Down the hall, you’ll find three bedrooms and a full bath. The primary bedroom includes its own private bath and a walk-in closet. The basement is a major bonus—clean, dry, fully insulated and heated, with high ceilings and loads of potential for additional living space or a rec room. The yard is beautifully landscaped with a mix of perennials, an apple tree, and crabapple trees. A smaller back deck overlooks the river, and a cedar-chip path leads down to the water’s edge. The sellers have enjoyed swimming in the river’s natural swimming hole in summer once the spring currents settle. In early spring, enjoy the unique sight of expert kayakers navigating the rushing Falls River! Located within the Village of L’Anse, this property has that serene, woodsy Upper Peninsula feel while still being just a stone’s throw from downtown conveniences. A rare blend of privacy and proximity!

Last Agent to Sell the Property

Annie Fish

UP NORTH REALTY License #UPAR Listed on: 05/11/2025

Last Buyer's Agent

Christopher Coponen

CENTURY 21 AFFILIATED License #UPAR

CENTURY 21 AFFILIATED

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 110x189x105x193
  • River Front

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Siding
  • Vinyl Trim
  • Radon Mitigation System

Interior Spaces

  • 1,332 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Gas Fireplace
  • Window Treatments
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Porch

Utilities

  • Zoned Heating
  • Space Heater
  • Baseboard Heating
  • Hot Water Heating System
  • Boiler Heating System
  • Heating System Uses Propane
  • Electric Water Heater
  • Internet Available

Community Details

  • Village Of L'anse Plat Of Falls River No. 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 044-672-024-00

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type: Residential
  • Type Of Property: Single Family
  • Architecture Style: Ranch, Conventional Frame
  • Structure Style: 1 Story
  • Total Tax Year: 2017
  • Year Built: 2001
  • Mail City: L'Anse
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: 9 ft + Ceilings, Cable/Internet Avail., Cathedral/Vaulted Ceiling, Hardwood Floors, Walk-In Closet, Window Treatment(s), Radon Mitigation System
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: Gas Fireplace, LivRoom Fireplace, Wood Stove
  • Basement: Yes
  • Basement: Block, Full, Interior Access, Radon System
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 11 x 15
  • Bedroom 1 Floor Covering: Laminate
  • Bedroom 2: On 1st Floor, Dimensions: 11 x 13
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: On 1st Floor, Dimensions: 11 x 10
  • Bedroom 3 Floor Covering: Carpet
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 6 x 8, On Level: First, Flooring: Linoleum
  • Bathroom 2: Dimensions: 5 x 8, On Level: First, Flooring: Linoleum
  • Room Types: First Floor Bedroom, First Floor Laundry, First Flr Full Bathroom, Primary Bdrm Suite, Eat-In Kitchen
  • Dining Room: On 1st Floor, Dimensions: 12 x 9
  • Dining Room Floor Covering: Wood
  • Kitchen: On 1st Floor, Dimensions: 12 x 9
  • Kitchen Floor Covering: Wood
  • Living Room: On 1st Floor, Dimensions: 15 x 16
  • Living Room Floor Covering: Wood
  • Below Grade Sq Ft: 1332
  • Above Grade Finished Sq Ft: 1332
  • Total Finished Sq Ft: 1332

Exterior Features

  • Exterior: Vinyl Siding, Vinyl Trim
  • Exterior Features: Deck, Porch
  • Foundation: Basement
  • Frontage: 110
  • Lake Name: Falls River
  • Road: City/County, Paved Street, Year Round
  • Water Features: River Frontage
  • Waterfront: Yes
  • Sideof Street: W
  • Out Buildings: None (OtherStructures)
  • Frontage Type: Water

Garage/Parking

  • Garage: Attached Garage, Electric in Garage, Gar Door Opener
  • Garage Spaces: 2
  • Parking: 2 Spaces, Garage
  • Garage: Yes

Utilities

  • Heating: Baseboard, Boiler, Hot Water, Space Heater, Zoned Heating
  • Heating Fuel: LP/Propane Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Electric
  • Cooling: Ceiling Fan(s)

Lot Info

  • Assessor Parcel Number: 044-672-024-00
  • Zoning: Residential
  • Lot Dimensions: 110x189x105x193
  • Acreage: 0.48
  • Geo Subdivision: MI
  • Site/Lot Features: City Limits

Tax Info

  • Total Tax: Year: 2017

MLS Schools

  • School District: L'anse Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2018
Closed on
Jun 1, 2018
Sold by
Karen Svalya
Bought by
Pracht Dale H
Seller's Agent
Tracy Kahkonen
UP NORTH REALTY
Buyer's Agent
Tracy Kahkonen
UP NORTH REALTY
List Price
$186,000
Sold Price
$171,000
Premium/Discount to List
-$15,000
-8.06%
Current Estimated Value
$297,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,523
Avg. Annual Appreciation
7.57%

Purchase Details

Closed on
Feb 3, 2011
Sold by
Svalya Karen Sue
Bought by
Svalya Karen Sue

Purchase Details

Closed on
Nov 7, 2009
Sold by
Overley Robert and Overley Sue Ann
Bought by
Svalya Karen S
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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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
Pracht Dale H $171,000 --
Svalya Karen Sue -- --
Svalya Karen S $150,000 Copper Range Abstract &Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2025 06/27/25 Sold $300,000 -3.2% $225 / Sq Ft
05/11/2025 05/11/25 For Sale $310,000 +81.3% $233 / Sq Ft
06/01/2018 06/01/18 Sold $171,000 -8.1% $128 / Sq Ft View Prior Sale
05/18/2018 05/18/18 Pending -- -- --
03/01/2018 03/01/18 For Sale $186,000 -- $140 / 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 $3,300 $126,315 $0 $0
2024 $3,075 $110,393 $0 $0
2023 $2,932 $88,034 $0 $0
2022 $62 $77,519 $0 $0
2021 $3,318 $80,175 $0 $0
2020 $3,275 $76,923 $0 $0
2019 $2,182 $77,467 $0 $0
2018 -- $87,422 $0 $87,422
2017 -- $85,624 $0 $0
2016 -- $84,861 $0 $0
2015 -- $84,608 $0 $0
2014 -- $83,276 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50174315

Upper Peninsula Association of REALTORS®

APN: 044-672-024-00