NOT LISTED FOR SALE

722 E River Dr Unit Lot 21 Lanse, MI 49946

Estimated Value: $43,861 - $133,000

0.53 Acre
$157,145 Price per Acre
23,087 Sq Ft Lot

Last Sold June 21, 2017

Last sale price $26,000

Est. 220% increase in value since last sale

Current estimated payment $479/month

2 Days on Market

About This Lot

As of June 2017

MICHIGAN RIVERFRONT PROPERTY FOR SALE! This property has 100+/- feet of frontage on the Falls River, by the Village of L'Anse, in Baraga County, in Michigan's Upper Peninsula. The river flows into the southern end of Lake Superior's Keweenaw Bay. This is a Blue Ribbon trout stream, and because several remarkable falls are located along the Falls River it is an attraction that draws Baraga County Tourists. The Falls River was well named. There are a lot of small waterfalls along this river - By some counts there are a dozen falls, although some are quite small. The river has four main waterfalls, the Lower Falls just west of the Village, the Middle Falls, a half mile upstream (follow the path upstream that runs alongside a high bluff), the Un-named Falls by the US-41 bridge, and the largest is Power House Falls (about 1.5 miles south of the Village). This falls is 15-Feet High and 40-Feet Wide. There are many other drops of various sizes between Power House Falls and the Upper Unnamed Falls. The final three drops are located in the city itself, and there is a parking lot and a signed trail leading upstream from US-41 by the Falls River Bridge that takes you first to the Lower falls, and then to the Middle falls. The Upper Un-Named falls, a five foot drop, is just south of where US-41 crosses the Falls River. Spring Steelhead anglers report good bites on this river. If you don't fish, you can just relax and enjoy the sound of the flowing water! The Village of L'Anse is only minutes away. Here you can boat, fish and swim on the largest fresh water lake in the world. Fall color tours and hiking Little Mountain are popular and in winter there are cross country skiing and snowmobiling opportunities in the area. There is an older mobile home on the property that has little value. A driveway and level building site is in place for a new home. Power and Village utilities are available at the road side.

Last Agent to Sell the Property

Tim Keohane

GREAT LAKES & LAND OF MARQUETTE, INC. License #UPAR Listed on: 06/06/2017

Last Buyer's Agent

Tim Keohane

GREAT LAKES & LAND OF MARQUETTE, INC. License #UPAR Listed on: 06/06/2017

Property Details

Property Type

  • Land

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 100x228x96x246
  • River Front
  • Lot Has A Rolling Slope

Listing and Financial Details

  • Assessor Parcel Number 044-672-021-00

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: VACANT LAND
  • Type Of Property: Vacant Land
  • Mail City: L'Anse
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lake Name: Falls River
  • Water Features: River Frontage
  • Waterfront: Yes
  • Roads: City/County, Paved Street

Utilities

  • Water: Public Water, None
  • Sewer/Septic System: Public Sanitary
  • Fuel On Site: Electric, Natural Gas

Lot Info

  • Assessor Parcel Number: 044-672-021-00
  • Acreage: 0.53
  • Lot Description: Rolling/Hilly
  • Lot Size: 100x228x96x246
  • Geo Subdivision: MI

MLS Schools

  • School District: L'anse Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2019
Sold by
Joe Treadeau
Bought by
John Lee R and John Christina Lee
Current Estimated Value
$83,287

Purchase Details

Listed on
Jun 6, 2017
Closed on
Jun 20, 2017
Sold by
Uren Daniel K
Bought by
Treadeau Joe
Seller's Agent
Tim Keohane
GREAT LAKES & LAND OF MARQUETTE, INC.
Buyer's Agent
Tim Keohane
GREAT LAKES & LAND OF MARQUETTE, INC.
List Price
$34,800
Sold Price
$26,000
Premium/Discount to List
-$8,800
-25.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.62%

Purchase Details

Closed on
Sep 1, 1995
Bought by
Uren Daniel K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
John Lee R $27,000 --
Treadeau Joe $26,000 --
Uren Daniel K $35,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2017 06/21/17 Sold $26,000 -25.3% --
06/08/2017 06/08/17 Pending -- -- --
06/06/2017 06/06/17 For Sale $34,800 -- --
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 $515 $17,088 $0 $0
2024 $480 $13,350 $0 $0
2023 $481 $13,350 $0 $0
2022 $92 $13,350 $0 $0
2021 $568 $13,350 $0 $0
2020 $568 $13,350 $0 $0
2019 $619 $13,350 $0 $0
2018 -- $13,350 $0 $13,350
2017 -- $27,406 $0 $0
2016 -- $27,162 $0 $0
2015 -- $27,081 $0 $0
2014 -- $26,655 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10059452

Upper Peninsula Association of REALTORS®

APN: 044-672-021-00