$120,000
SOLD OCT 17, 2023

7129 Osier 40th Rd Rapid River, MI 49878

2 Beds
2 Baths
1,320 Sq Ft
80 Acres

Recently Sold

$91 Per Sq Ft

14% Below List Price

32 Days on Market

Highlights

  • 80 Acre Lot
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Wooded Lot
  • Porch

About This Home

As of April 2025

This property is sold As is. Everything in the property is included. The seller will not get the home up and running for any inspection. Very private 80 acres. Lets make this your homestead! Gut this one to the studs and make it your own it has lots of potential. There are 2 more small rooms up stairs that could be extra bedrooms. Full basement and 2 car garage.

Last Agent to Sell the Property

Lori Rymkos

PREMIER REAL ESTATE, INC. License #UPAR Listed on: 09/07/2023

Last Buyer's Agent

Amy Schieding

RE/MAX SUPERIORLAND License #UPAR-6502376536

RE/MAX SUPERIORLAND

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1925

Lot Details

  • 80 Acre Lot
  • Lot Dimensions are 1320x2640
  • Rural Setting
  • Wooded Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Fixer Upper
  • Poured Concrete
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,320 Sq Ft Home
  • 1.5-Story Property
  • Laundry on lower level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Liquid Propane Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 011-024-010-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,481

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type: Fixer-Upper, Residential
  • Type Of Property: Single Family
  • Architecture Style: Conventional Frame
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 1544
  • Total Tax Year: 2022
  • Year Built: 1925
  • Mail City: Rapid River
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Sump Pump
  • Basement: Yes
  • Basement: Full, Poured
  • Bedrooms: 2
  • Bedroom 1: On Main Floor, Dimensions: 11 x 9
  • Bedroom 2: On Main Floor, Dimensions: 9 x 11
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Room Types: Lower Level Laundry
  • Dining Room: Dimensions: 11 x 17
  • Kitchen: Dimensions: 13 x 13
  • Living Room: Dimensions: 13 x 13
  • Sun Room: Dimensions: 6 x 25
  • Other Room1: Dimensions: 8x7
  • Below Grade Sq Ft: 1040
  • Above Grade Finished Sq Ft: 1320
  • Total Finished Sq Ft: 1320

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Porch
  • Foundation: Basement
  • Frontage: 1320
  • Road: Country
  • Out Buildings: None (OtherStructures)
  • Frontage Type: Road

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2
  • Parking: Garage
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Propane Hot Water

Lot Info

  • Assessor Parcel Number: 011-024-010-00
  • Lot Dimensions: 1320x2640
  • Acreage: 80
  • Geo Subdivision: MI
  • Site/Lot Features: Rural, Wooded

Tax Info

  • Summer Tax: Year: 2022, Amount: $441.00
  • Winter Tax: Year: 2022, Amount: $1,103.00
  • Total Tax: Year: 2022, Amount: $1,544.00

MLS Schools

  • School District: Mid Peninsula School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2023
Closed on
Oct 17, 2023
Sold by
Faith Lutheran Church
Bought by
Kraft Mark and Kraft Sharon
Seller's Agent
Lori Rymkos
PREMIER REAL ESTATE, INC.
Buyer's Agent
Amy Schieding
RE/MAX SUPERIORLAND
List Price
$140,000
Sold Price
$120,000
Premium/Discount to List
-$20,000
-14.29%
Views
86
Current Estimated Value
$236,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,549
Avg. Annual Appreciation
49.96%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $120,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 Sold $290,000 0.0% $143 / Sq Ft
04/03/2025 04/03/25 Off Market $290,000 -- --
03/03/2025 03/03/25 For Sale $299,900 0.0% $148 / Sq Ft
02/25/2025 02/25/25 Pending -- -- --
02/11/2025 02/11/25 Price Changed $299,900 -4.8% $148 / Sq Ft
01/08/2025 01/08/25 Price Changed $314,900 -4.3% $155 / Sq Ft
10/03/2024 10/03/24 For Sale $329,000 +174.2% $162 / Sq Ft
10/17/2023 10/17/23 Sold $120,000 -14.3% $91 / Sq Ft
10/09/2023 10/09/23 Pending -- -- --
09/07/2023 09/07/23 For Sale $140,000 -- $106 / 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 $3,481 $151,300 $0 $0
2024 $943 $84,800 $0 $0
2023 $437 $76,200 $0 $0
2022 $1,519 $71,600 $0 $0
2021 $821 $71,000 $0 $0
2020 $798 $62,300 $0 $0
2019 $1,233 $59,100 $0 $0
2018 $836 $59,700 $0 $0
2017 $373 $60,711 $0 $0
2016 $958 $60,282 $0 $0
2014 -- $55,029 $0 $0
2013 -- $54,864 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50121367

Upper Peninsula Association of REALTORS®

APN: 21-011-024-010-00