NOT LISTED FOR SALE

8227 Garth Point Ln Rapid River, MI 49878

Estimated Value: $167,752 - $336,000

2 Beds
1 Bath
1,392 Sq Ft
$171/Sq Ft Est. Value

Last Sold October 11, 2013

Last sale price $109,900 $79 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $1,334/month

97 Days on Market

Highlights

  • Lake Front
  • Fireplace
  • Bathroom on Main Level
  • Ranch Style House
  • 2 Car Attached Garage
  • Shed

About This Home

As of October 2013

Here's your opportunity to own property on Little Bay de Noc at such an affordable price. Year round or seasonal . . . still a great buy to have a large lot with green grass and sandy ridge. Garth Point location is close to main highway for commuting to work, close to the Tri-Township School and not far from Rapid River's boat launch. Home offers a big back mud room entrance/breezeway between house and garage, good size eat-in kitchen and living room with fireplace. Views of the lake are there from the living room, kitchen and attached 14x12 sunroom. Newer furnace is located in partial basement along with a wood stove for back up heat. Home needs some updating, but these are changes a new homeowner can make as time goes on. The opportunity of lake front ownership is right here on Garth Point!

Last Agent to Sell the Property

Judy Granger

COLDWELL BANKER SCHMIDT ESCANABA License #UPAR Listed on: 06/01/2013

COLDWELL BANKER SCHMIDT ESCANABA

Last Buyer's Agent

Dave Harris

STATE WIDE REAL ESTATE OF ESCANABA License #UPAR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $522

Year Built

  • Built in 1960

Lot Details

  • 0.71 Acre Lot
  • Lot Dimensions are 95x307x100x317
  • Lake Front

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House

Interior Spaces

  • 1,392 Sq Ft Home
  • Fireplace
  • Partial Basement
  • Oven or Range

Bedrooms and Bathrooms

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

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Septic Tank
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 21-012-182-063-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$522

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Year Built: 1960
  • Mail City: Rapid River
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Range/Oven
  • Fireplace: Yes
  • Basement: Yes
  • Basement: Partial
  • Bedrooms: 2
  • Bedroom 1: On 1st Floor, Dimensions: 12 x 12
  • Bedroom 2: On 1st Floor, Dimensions: 12 x 12
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: First
  • Room Types: First Floor Bedroom, First Flr Full Bathroom
  • Family Room: On 1st Floor, Dimensions: 15 x 11
  • Kitchen: On 1st Floor, Dimensions: 13 x 12
  • Living Room: On 1st Floor, Dimensions: 16 x 17
  • Below Grade Sq Ft: 612
  • Above Grade Finished Sq Ft: 1392
  • Total Finished Sq Ft: 1392

Exterior Features

  • Exterior: Aluminum
  • Foundation: Partial Basement
  • Lake Name: Little Bay De Noc
  • Water Features: Lake Frontage, Interior Lake
  • Waterfront: Yes
  • Out Buildings: Shed

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Septic
  • Water: Private Well

Lot Info

  • Assessor Parcel Number: 21-012-182-063-00
  • Lot Dimensions: 95x307x100x317
  • Acreage: 0.71
  • Geo Subdivision: MI

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2013
Closed on
Oct 10, 2013
Sold by
Burklund James C and Lane Annamarie C
Bought by
Carlson Terry and Carlson Kay
Seller's Agent
Judy Granger
COLDWELL BANKER SCHMIDT ESCANABA
Buyer's Agent
Dave Harris
STATE WIDE REAL ESTATE OF ESCANABA
List Price
$134,900
Sold Price
$109,900
Premium/Discount to List
-$25,000
-18.53%
Current Estimated Value
$246,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,128
Avg. Annual Appreciation
6.58%
Original Mortgage
$87,920
Outstanding Balance
$66,295
Interest Rate
4.59%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$172,393

Purchase Details

Closed on
Aug 29, 2005
Bought by
Burkland James C and Burkland Joanne L
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
Carlson Terry -- --
Burkland James C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carlson Terry $87,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2013 10/11/13 Sold $109,900 -18.5% $79 / Sq Ft
09/06/2013 09/06/13 Pending -- -- --
06/01/2013 06/01/13 For Sale $134,900 -- $97 / 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 $522 $71,500 $0 $0
2024 $508 $64,800 $0 $0
2023 $485 $59,400 $0 $0
2022 $1,234 $54,700 $0 $0
2021 $1,195 $43,000 $0 $0
2020 $1,166 $40,400 $0 $0
2019 $1,120 $39,700 $0 $0
2018 $1,094 $37,900 $0 $0
2017 $447 $40,093 $0 $0
2016 $1,139 $43,355 $0 $0
2014 -- $45,781 $0 $0
2013 -- $46,305 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Judy Granger

    COLDWELL BANKER SCHMIDT ESCANABA

    Section Image

  • D

    Buyer's Agent in 2013

    Dave Harris

    STATE WIDE REAL ESTATE OF ESCANABA

    (906) 420-4508

    77 Total Sales

    Dave Harris
    Section Image
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10008843

Upper Peninsula Association of REALTORS®

APN: 21-012-182-063-00

Michigan Delta County Rapid River 49878

8227 Garth Point Ln, Rapid River, MI

Not Listed for Sale

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