NOT LISTED FOR SALE

7040 Bengston Republic, MI 49879

Estimated Value: $158,000 - $176,118

2 Beds
1 Bath
1,012 Sq Ft
$162/Sq Ft Est. Value

Sale Details

Date Sold: March 1, 2023

Last sale price $135,000 $133 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $938 / mo

65 Days on Market

Highlights

  • Guest House
  • River Front
  • Ranch Style House
  • Access To Lake
  • Wooded Lot
  • Workshop

About This Home

As of March 2023

This well built and well maintained home sits on a picturesque and spacious 3 acre lot fronting the beautiful and majestic Michigamme River. Not only do enjoy all the Big Waters have to offer you have another clean and clear stream steadily flowing right across your own back yard. The home is move in ready and is easy to maintain. You own a parcel of land across the street as well ensuring you will never have a neighbor straight across from you, but you also own a nice shed and a handy workshop in need of some repair, but still a great space. Another building next to the garage could make a tini guesthouse, a play house for kids, a potting shed, summer kitchen or more. This property is an Estate and the former residents could not maintain keeping the frontage to the River open so you can choose whether to keep a private back yard or open it up for a better view of the river. The home was extensively remodeled within the last 10 years or so. The kitchen is big and bright and there is plenty of room for you to use your own style and flare to make it your own. The living room had enough space the owners used part of it for and office and the garage is huge with high ceilings and lots of room. The basement is like a blank slate with tons of room to finish in any way you might like. Maybe some extra bedrooms, a rec room or man cave, a craft room, media room, workshop or you name it, you have the room for it. Your neighborhood is quiet and peaceful and the atmosphere is delightful with plenty of privacy. All the shopping you want is less than a half hour away in Ishpeming, but you will find nice conveniences right in Republic. This could also make a wonderful "camp" or second home with Fishing right out your door and thousands of acres of State and CFA land for you to enjoy surrounding your property. Kayaking, snowmobiling, biking, hunting, fishing, hiking, swimming, riding ATV's abounds right here. Visit and enjoy all there is to offer in a great waterfront property.

Last Agent to Sell the Property

Brian Olson

NORTHERN MICHIGAN LAND BROKERS License #UPAR Listed on: 11/08/2022

Last Buyer's Agent

Nick Racine

RE/MAX 1ST REALTY License #UPAR

RE/MAX 1ST REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1967

Lot Details

  • 3 Acre Lot
  • Lot Dimensions are 76x400x750x720
  • River Front
  • Rural Setting
  • Irregular Lot
  • Sloped Lot
  • Wooded Lot
  • Garden

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,012 Sq Ft Home
  • Window Treatments
  • Bay Window
  • Living Room
  • Workshop

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Basement

  • Interior Basement Entry
  • Block Basement Construction

Outdoor Features

  • Access To Lake
  • Access to stream, creek or river
  • Separate Outdoor Workshop
  • Shed
  • Porch

Utilities

  • Radiator
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Propane
  • Liquid Propane Gas Water Heater
  • Septic Tank

Additional Features

  • Wheelchair Access
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 521203004100 & 521203004000

Home Details

Home Type

Single Family

Year Built

Built in 1967

Lot Details

3 Acres

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Year Built: 1967
  • Mail City: Republic
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Bay Window, Window Treatment(s), Accessibility Features
  • Appliances: Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement: Block, Interior Access
  • Bedrooms: 2
  • Bedroom 1: On Main Floor, Dimensions: 11 x 11
  • Bedroom 2: On Main Floor, Dimensions: 11 x 9
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: Main
  • Room Types: First Floor Bedroom, First Flr Primary Bedroom, Living Room, Lower Level Laundry, Unfinished Room, Utility/Laundry Room, Workshop, Primary Bedroom, Primary Bathroom, First Flr Full Bathroom, Other-See Remarks, Pantry, Eat-In Kitchen
  • Kitchen: On Main Floor, Dimensions: 20 x 17
  • Laundry: In Basement, Dimensions: 24 x 22
  • Living Room: On Main Floor, Dimensions: 25 x 11
  • Below Grade Sq Ft: 1012
  • Above Grade Finished Sq Ft: 1012
  • Total Finished Sq Ft: 1012

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Wheelchair Access, Porch, Garden Area
  • Foundation: Basement
  • Frontage: 400
  • Lake Name: Michigamme River & Creek
  • Road: City/County, Paved Street, Year Round
  • Water Features: Creek/Stream/Brook, Lake/River Access, River Frontage, Water View, Waterfront
  • Waterfront: Yes
  • Out Buildings: Shed, Guest House, Workshop
  • Frontage Type: Water

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 2
  • Parking: 3 or More Spaces, Garage, Paved Driveway
  • Garage: Yes

Utilities

  • Heating: Baseboard, Hot Water, Radiator
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Propane Hot Water

Lot Info

  • Assessor Parcel Number: 521203004100 & 521203004000
  • Zoning: Residential, Recreational
  • Lot Dimensions: 76x400x750x720
  • Acreage: 3
  • Geo Subdivision: MI
  • Site/Lot Features: Rural, Irregular, Sloping, Wooded

MLS Schools

  • School District: Republic Michigamme Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2022
Closed on
Feb 24, 2023
Sold by
Rankinen Family Trust and Rankinen Lynn M
Bought by
Putnam John
Seller's Agent
Brian Olson
NORTHERN MICHIGAN LAND BROKERS
Buyer's Agent
Nick Racine
RE/MAX 1ST REALTY
List Price
$139,900
Sold Price
$135,000
Premium/Discount to List
-$4,900
-3.5%
Current Estimated Value
$164,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,030
Avg. Annual Appreciation
6.40%
Original Mortgage
$130,950
Outstanding Balance
$126,408
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$37,622
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
Putnam John $132,400 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Putnam John $130,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2023 03/01/23 Sold $135,000 -3.5% $133 / Sq Ft
01/12/2023 01/12/23 Pending -- -- --
11/08/2022 11/08/22 For Sale $139,900 -- $138 / 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
2025 $898 $65,000 $0 $0
2024 $9 $57,800 $0 $0
2023 $387 $48,000 $0 $0
2022 $952 $39,000 $0 $0
2021 $955 $37,400 $0 $0
2020 $948 $39,000 $0 $0
2019 $897 $35,600 $0 $0
2018 $920 $33,700 $0 $0
2017 $937 $33,950 $0 $0
2016 $927 $44,150 $0 $0
2015 -- $44,150 $0 $0
2014 -- $45,450 $0 $0
2012 -- $43,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50095468

Upper Peninsula Association of REALTORS®

APN: 52-12-030-040-00

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