NOT LISTED FOR SALE

803 Luoma Rd Wakefield, MI 49968

Estimated Value: $61,000 - $101,000

3 Beds
1 Bath
960 Sq Ft
$81/Sq Ft Est. Value

Last Sold November 06, 2023

Last sale price $70,000 $73 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $564/month

51 Days on Market

Highlights

  • Wood Burning Stove
  • 3 Car Garage
  • Heating System Uses Natural Gas

About This Home

As of November 2023

Home with 2 garages & a large yard!! This 3 br 1 bath home features a newer 24x24 garage in the yard and a 16x22 garage up by the road. The 1.5 acre yard has apple trees and a couple of formerly used garden plots. The home offers a front entry foyer and a very large living room. The main level also has a smaller formal dining room, the full bath with a tub/shower and the kitchen. All three bedrooms upstairs have the original hardwood floors and closets. There is also a small landing upstairs for bonus space. The basement has easy access via the back porch or from the outside entrance. The home has a relatively newer Natural Gas forced air furnace, 100amp circuit breakers and a woodstove if you like to heat that way. This is a little more private setting yet not too far from town. Take a look at this one soon!

Last Agent to Sell the Property

Nancy Zak

ZAK'S REALTY, INC Listed on: 09/15/2023

Last Buyer's Agent

NON NON MEMBER

NON-MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,151

Year Built

  • Built in 1945

Lot Details

  • 1.5 Acre Lot

Parking

  • 3 Car Garage

Home Design

  • Frame Construction

Interior Spaces

  • 1.5-Story Property
  • Wood Burning Stove

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Luther L Wright High School

Utilities

  • Heating System Uses Natural Gas
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 53-23-005-200

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,151

Year Built

Built in 1945

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Ownership: Fee Simple
  • Directions: From downtown Ironwood on Aurora St., take Lowell St., N to Cloverland Drive. Turn E, that is also US Hwy 2. Cont. into Wakefield, MI. At the stop light turn R on Sunday Lake St. (County Rd. 519) turn E on Luoma Rd. to the home on the left.
  • Above Grade Finished Sq Ft: 960.0
  • Architectural Style: One and One Half Story
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Property Attached Yn: No
  • Year Built: 1945
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: -1.0
  • Fireplace Features: Wood Burning
  • Fireplace: No

Exterior Features

  • Waterfront: No
  • Construction Type: Frame

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Garage
  • Total Parking Spaces: 3.0

Utilities

  • Heating: Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • High School: GO Luther L Wright

Lot Info

  • Lot Size Sq Ft: 65340.0
  • Parcel #: 53-23-005-200

Tax Info

  • Tax Annual Amount: 1151.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Nov 7, 2023
Sold by
Johns Diana R and Nikula Leah R
Bought by
Savage Rachel
Seller's Agent
Nancy Zak
ZAK'S REALTY, INC
Buyer's Agent
NON NON MEMBER
NON-MEMBER
List Price
$75,000
Sold Price
$70,000
Premium/Discount to List
-$5,000
-6.67%
Views
75
Current Estimated Value
$77,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,649
Avg. Annual Appreciation
11.95%
Original Mortgage
$63,000
Outstanding Balance
$62,133
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$23,732

Purchase Details

Closed on
Apr 30, 2004
Sold by
Johns Kenneth R and Johns Bertha S
Bought by
Johns Stanley R and Johns Dale W
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
Savage Rachel $56,000 --
Savage Rachel $14,000 None Listed On Document
Johns Stanley R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Savage Rachel $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2023 11/06/23 Sold $70,000 -6.7% $73 / Sq Ft
09/15/2023 09/15/23 For Sale $75,000 -- $78 / Sq Ft
Source: Greater Northwoods MLS

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 $1,687 $35,989 $3,745 $32,244
2024 $1,167 $36,362 $945 $35,417
2023 -- $32,755 $5,000 $27,755
2022 -- $26,631 $5,000 $21,631
2021 -- $25,156 $1,900 $23,256
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $1,900 $23,479
2017 -- -- $0 $0
2016 -- -- $0 $0
2014 -- -- $0 $0
2013 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2023

    Nancy Zak

    ZAK'S REALTY, INC

    Section Image

  • N

    Buyer's Agent in 2023

    NON NON MEMBER

    NON-MEMBER

See All Agents

Map

Source: Greater Northwoods MLS

MLS Number: 203819

Greater Northwoods MLS

APN: 53-23-005-200

Michigan Gogebic County Wakefield 49968

803 Luoma Rd, Wakefield, MI

This home is located at 803 Luoma Rd, Wakefield, MI 49968 since 15 September 2023 and is currently estimated at $77,649, approximately $80 per square foot. This property was built in 1945. 803 Luoma Rd is a home located in Gogebic County with nearby schools including Wakefield-Marenisco School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Northwoods MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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