NOT LISTED FOR SALE

8318 25 3 Ln Rapid River, MI 49878

Estimated Value: $309,000 - $369,000

3 Beds
1.5 Baths
1,722 Sq Ft
$192/Sq Ft Est. Value

Last Sold November 06, 2024

Last sale price $308,500 $179 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,852/month

27 Days on Market

Highlights

  • Guest House
  • Wood Burning Stove
  • Main Floor Bedroom
  • River Front
  • Wooded Lot
  • Furnished

About This Home

As of November 2024

Discover your ideal waterfront retreat or vacation home with this conveniently located property offering year-round access. Just a short stroll from Garth Bluff Grocery, this charming home features a spacious living room with a stunning Natural Stone fireplace and large picture windows that flood the space with natural light. With 3 bedrooms and 2 bathrooms, this home also includes a sizable family room currently utilized as a 4th bedroom. The kitchen is a highlight, complete with a Earth Stove wood burner, ample cupboard space, and an island for casual dining. The main floor is home to the primary bedroom and a full bathroom, while two additional bedrooms are located upstairs. A convenient half-bath is situated just off the kitchen. The property also boasts a 2-car detached garage with both 110 & 220 electricity, fully insulated and chimney ready for your wood burner and a shed for extra storage. A standout feature is the bonus 24'x24' guest cottage with 576 sqft, which includes a living room, eat-in kitchen, 2 bedrooms, and a full bath. Perfect for hosting guests, the cottage is ideally located near the water. Guest cottage has electric and propane heat. Enjoy 150' of waterfront with your own private sand beach, an 80' Roll-In Jack Dock, plus 3 wood extensions, and unparalleled access to the Whitefish River and Little Bay de Noc. This area is renowned for supreme Walleye fishing, kayaking, boating, swimming, duck hunting and is conveniently close to the Hiawatha National Forest for trail riding and excellent deer hunting. The property comes fully furnished for your convenience, with all furniture and appliances included. Updates include: New Roofs on all structures in 2018. water supply pump in 2018, H2O Heaters in 2019 & 2022, New carpet and Vinyl in Guest Cottage. Garage painted in 2023. Don't miss out - Call today to schedule a showing!

Last Agent to Sell the Property

Kathleen Sullivan

KEY REALTY DELTA COUNTY LLC License #UPAR-6501439551 Listed on: 08/29/2024

KEY REALTY DELTA COUNTY LLC

Last Buyer's Agent

Nonmember Delta

UPPER PENINSULA DELTA License #UPAR

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 2.05 Acre Lot
  • Lot Dimensions are 100'x837.40'x150.04'x950'
  • River Front
  • Rural Setting
  • Wooded Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,722 Sq Ft Home
  • 1.5-Story Property
  • Furnished
  • Ceiling Fan
  • Wood Burning Stove
  • Family Room
  • Living Room with Fireplace
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Wood
  • Heating System Uses Propane
  • Gas Water Heater
  • Septic Tank

Additional Features

  • Guest House
  • Property is near a Great Lake

Listing and Financial Details

  • Assessor Parcel Number 012-183-045-00

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type: Residential
  • Type Of Property: Single Family
  • Architecture Style: Conventional Frame
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 2637.58
  • Total Tax Year: 2023
  • Year Built: 1957
  • Mail City: Rapid River
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Furnished
  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: LivRoom Fireplace, Wood Stove
  • Basement: None (Basement)
  • Bedrooms: 3
  • Bedroom 1: On Main Floor, Dimensions: 11 x 10
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On 2nd Floor, Dimensions: 11 x 9
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: On 2nd Floor, Dimensions: 13 x 9
  • Bedroom 3 Floor Covering: Carpet
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: On Level: Main
  • Room Types: Family Room, First Flr Primary Bedroom, Living Room, First Flr Lavatory, First Flr Full Bathroom
  • Family Room: On Main Floor, Dimensions: 10 x 18
  • Family Room Floor Covering: Carpet
  • Kitchen: On Main Floor, Dimensions: 12 x 20
  • Kitchen Floor Covering: Linoleum
  • Living Room: On Main Floor, Dimensions: 23 x 20
  • Living Room Floor Covering: Carpet
  • Below Grade Sq Ft: 1416
  • Above Grade Finished Sq Ft: 1722
  • Total Finished Sq Ft: 1722
  • Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Patio
  • Foundation: Crawl
  • Frontage: 100
  • Lake Name: Whitefish River Bowl
  • Road: City/County, Year Round
  • Water Features: River Frontage, Waterfront, Great Lake
  • Waterfront: Yes
  • Out Buildings: Shed, Guest House
  • Frontage Type: Road

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2
  • Parking: 3 or More Spaces
  • Garage: Yes

Utilities

  • Heating: Baseboard, Hot Water
  • Heating Fuel: Natural Gas, LP/Propane Gas, Wood
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s), Window Unit(s)

Lot Info

  • Assessor Parcel Number: 012-183-045-00
  • Zoning: Residential
  • Lot Description: Deep Lot - 150+ Ft.
  • Lot Dimensions: 100'x837.40'x150.04'x950'
  • Encroachment: Yes
  • Acreage: 2.05
  • Geo Subdivision: MI
  • Site/Lot Features: Rural, Wooded

Tax Info

  • Summer Tax: Year: 2023, Amount: $614.33
  • Winter Tax: Year: 2023, Amount: $2,023.25
  • Total Tax: Year: 2023, Amount: $2,637.58

MLS Schools

  • School District: Rapid River Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2024
Closed on
Nov 7, 2024
Sold by
Treu Anthony S
Bought by
Viets Kathryn E
Seller's Agent
Kathleen Sullivan
KEY REALTY DELTA COUNTY LLC
Buyer's Agent
Nonmember Delta
UPPER PENINSULA DELTA
List Price
$330,000
Sold Price
$308,500
Premium/Discount to List
-$21,500
-6.52%
Views
76
Current Estimated Value
$332,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,592
Avg. Annual Appreciation
6.73%

Purchase Details

Listed on
Jun 18, 2018
Closed on
Sep 18, 2018
Sold by
Theodore Kelly
Bought by
Treu Anthony S and Treu Debra J
Seller's Agent
Lori Rymkos
PREMIER REAL ESTATE, INC.
Buyer's Agent
Sarah Wilson
PREMIER REAL ESTATE, INC.
List Price
$129,000
Sold Price
$104,000
Premium/Discount to List
-$25,000
-19.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Viets Kathryn E $308,500 --
Treu Anthony S $104,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2024 11/06/24 Sold $308,500 -0.5% $179 / Sq Ft
09/25/2024 09/25/24 Pending -- -- --
09/12/2024 09/12/24 Price Changed $310,000 -6.1% $180 / Sq Ft
08/29/2024 08/29/24 For Sale $330,000 +217.3% $192 / Sq Ft
09/18/2018 09/18/18 Sold $104,000 -19.4% $60 / Sq Ft View Prior Sale
08/09/2018 08/09/18 Pending -- -- --
06/18/2018 06/18/18 For Sale $129,000 -- $75 / 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 $1,255 $113,200 $0 $0
2024 $644 $114,100 $0 $0
2023 $614 $115,700 $0 $0
2022 $2,519 $103,000 $0 $0
2021 $2,439 $73,400 $0 $0
2020 $2,389 $70,900 $0 $0
2019 $2,315 $68,100 $0 $0
2018 $1,248 $62,300 $0 $0
2017 $472 $75,441 $0 $0
2016 $1,166 $75,152 $0 $0
2014 -- $72,204 $0 $0
2013 -- $72,692 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50153727

Upper Peninsula Association of REALTORS®

APN: 21-012-183-045-00