NOT LISTED FOR SALE

8079 County Road 550 Marquette, MI 49855

Estimated Value: $161,000 - $561,000

4 Beds
1 Bath
1,460 Sq Ft
$207/Sq Ft Est. Value

Last Sold August 21, 2023

Last sale price $199,900 $137 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,644/month

41 Days on Market

Highlights

  • Guest House
  • Farm
  • Farmhouse Style Home
  • Second Garage
  • Wood Flooring
  • Separate Outdoor Workshop

About This Home

As of August 2023

Darling farmhouse just three miles outside of Big Bay. Being sold "AS-IS" This property is amazing.... it includes a farmhouse with attached garage, a monster detached garage (oh, and its heated), a basketball court, a sweet little garden house (formerly a pizza spot), +/- 4 acres including a portion of Alder Creek. Oh the possibilities!!! So much love has been infused into this property.... two of the three buildings have newer metal roofs, a 200 foot fence built along the highway for privacy & snow drifting, fruit trees lining the inside of the fence line just to name a few. Flooded with sunlight, you can feel the energy when you walk in this home! Upon entering you find yourself in the adorable kitchen (check out the farmhouse sink & those ridiculously fabulous floors), the full bath, main floor bedroom and tons of living / dining room space. You have an eat in kitchen, but there is space for another eating area off the kitchen which adjoins the fireplace room. So many possibilities here! Let your imagination be your guide. Upstairs are three bedrooms with so much character, love the tongue and groove paneling! The 675 square foot potting shed has a full kitchen and bath, would make an awesome MIL suite, Guest house or leave as is. It does have its own propane tank (rented), Huge potential here! This property is amazing, filled with perennials, fruit trees, maples & a portion of Alder creek! Call your agent today and make an appointment, short notice appointments are no problem. All offers are due by 12 noon on Monday 7/10/23.

Last Agent to Sell the Property

Linda Johnson

EXP REALTY OF MARQUETTE License #UPAR Listed on: 06/22/2023

EXP REALTY OF MARQUETTE

Last Buyer's Agent

Theresa Hunter

SELECT REALTY License #UPAR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1940

Lot Details

  • 4.5 Acre Lot
  • Lot Dimensions are 890x625x625
  • Fenced

Home Design

  • Farmhouse Style Home

Interior Spaces

  • 1,460 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Block Basement Construction
  • Crawl Space

Parking

  • 1 Car Garage
  • Second Garage

Outdoor Features

  • Access to stream, creek or river
  • Separate Outdoor Workshop

Utilities

  • Space Heater
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Electric Water Heater
  • Septic Tank
  • Satellite Dish

Additional Features

  • Guest House
  • Farm

Listing and Financial Details

  • Assessor Parcel Number 52.11.176.014.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$33

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type: Farm
  • Type Of Property: Single Family
  • Architecture Style: Farm House
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 1484.29
  • Total Tax Year: 2022
  • Year Built: 1940
  • Mail City: Big Bay
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Hardwood Floors, None (InteriorFeatures)
  • Appliances: Dishwasher, Dryer, Range/Oven, Washer
  • Fireplace: Yes
  • Fireplaces: LivRoom Fireplace, Wood Burning
  • Basement: Yes
  • Basement: Block, Partial
  • Bedrooms: 4
  • Bedroom 1: On 1st Floor, Dimensions: 9 x 12
  • Bedroom 2: On 2nd Floor, Dimensions: 12 x 14
  • Bedroom 3: On 2nd Floor, Dimensions: 13 x 9
  • Bedroom 4: On 2nd Floor, Dimensions: 13 x 9
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 10 x 8, On Level: First
  • Dining Room: On 1st Floor, Dimensions: 24 x 16
  • Kitchen: On 1st Floor, Dimensions: 12 x 10
  • Kitchen Floor Covering: Wood
  • Living Room: On 1st Floor, Dimensions: 25 x 14
  • Sitting Room: Dimensions: 18 x 13
  • Below Grade Sq Ft: 160
  • Above Grade Finished Sq Ft: 1460
  • Total Finished Sq Ft: 1460

Exterior Features

  • Exterior: Aluminum
  • Exterior Features: Satellite Dish, Fence Owned
  • Foundation: Crawl, Partial Basement
  • Frontage: 890
  • Road: City/County, Year Round
  • Water Features: Creek/Stream/Brook
  • Out Buildings: Garage(s), Second Garage, Guest House, Workshop

Garage/Parking

  • Garage: Attached Garage, Detached Garage
  • Garage Spaces: 1
  • Garage: Yes

Utilities

  • Heating: Wall Heat, Baseboard, Electric Heat, Space Heater
  • Heating Fuel: Electric, LP/Propane Gas
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Electric

Lot Info

  • Assessor Parcel Number: 52.11.176.014.00
  • Lot Dimensions: 890x625x625
  • Acreage: 4.5

Tax Info

  • Summer Tax: Year: 2022, Amount: $919.56
  • Winter Tax: Year: 2022, Amount: $564.73
  • Total Tax: Year: 2022, Amount: $1,484.29

MLS Schools

  • School District: Powell Township School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Aug 21, 2023
Sold by
Dewitt Ellen
Bought by
Quayle Angela B and Quayle Donald J
Seller's Agent
Linda Johnson
EXP REALTY OF MARQUETTE
Buyer's Agent
Theresa Hunter
SELECT REALTY
List Price
$249,900
Sold Price
$199,900
Premium/Discount to List
-$50,000
-20.01%
Views
1
Current Estimated Value
$301,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,815
Avg. Annual Appreciation
23.77%
Original Mortgage
$169,915
Outstanding Balance
$166,374
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$141,802

Purchase Details

Closed on
Oct 12, 2006
Bought by
Dewitt Jeffrey and Dewitt Ellen
Source: Public Records

Range of Values:

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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
Quayle Angela B $199,900 None Listed On Document
Dewitt Jeffrey $113,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quayle Angela B $169,915
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2023 08/21/23 Sold $199,900 -20.0% $137 / Sq Ft
08/02/2023 08/02/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $249,900 -- $171 / 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 $33 $112,000 $0 $0
2024 $33 $100,100 $0 $0
2023 $718 $93,800 $0 $0
2022 $1,493 $81,300 $0 $0
2021 $1,455 $70,400 $0 $0
2020 $1,433 $81,300 $0 $0
2019 $1,412 $76,800 $0 $0
2018 $1,381 $64,650 $0 $0
2017 $1,323 $64,050 $0 $0
2016 $1,314 $59,150 $0 $0
2015 -- $59,150 $0 $0
2014 -- $59,500 $0 $0
2012 -- $61,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50113218

Upper Peninsula Association of REALTORS®

APN: 52-11-176-014-00