NOT LISTED FOR SALE

8545 Schaawe Lake 24th Ln Rapid River, MI 49878

Estimated Value: $108,000 - $453,000

4 Beds
3 Baths
2,454 Sq Ft
$135/Sq Ft Est. Value

Last Sold August 26, 2021

Last sale price $310,000 $126 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,311/month

24 Days on Market

Highlights

  • Lake Front
  • 2 Car Attached Garage
  • Bathroom on Main Level
  • Deck
  • Walk-In Closet
  • Built-In Barbecue

About This Home

As of August 2021

Motivated Sellers!! Secluded, quality built cedar log home on Schaawe Lake! This 4 bedroom, 3 full bath home sits on 11.55 acres with approximately 250 feet of water frontage on Schaawe Lake. Since 2019 the owners have finished the basement adding a 23x18 family room, two bedrooms and a bathroom. Other updates include replacing all kitchen appliances with stainless steel and moving the laundry to the main floor with a new washer and dryer in the finished breezeway. The open kitchen/dining area is perfect for dinner time. The spacious 21'x18' living room, features skylights, vaulted ceilings, and beautiful oversize cedar beams. There is also a 10x8 bonus area off of the living room that is currently being used as a bar area, but could also be an office. Upstairs there are two bedrooms. The primary bedroom has a large walk-in closet that leads into the bathroom. The basement has been finished and finished and has a walk-out to the backyard. The 32'X32' attached garage, with 10'overhead doors and a 12' ceiling has plenty of room for your vehicles and toys. The shoreline is approximately 700' from the house and could be cleared of trees to gain view of the water. Schaawe Lake is a private lake known for great large mouth bass, perch, northern pike, and bluegill fishing. Otters, turtles and deer are fun to watch when kayaking on the lake. Watching wildlife from the front porch of this home is a favorite past-time with plenty of turkeys and deer. A bonus to this property is that it butts up to the 1000's of acres of Hiawatha National Forest waiting for you to explore! Don't miss your chance to see this property!

Last Agent to Sell the Property

Amber Carlson

UPWARDS REAL ESTATE License #UPAR Listed on: 06/21/2021

Last Buyer's Agent

Amber Carlson

UPWARDS REAL ESTATE License #UPAR Listed on: 06/21/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,261

Year Built

  • Built in 1990

Lot Details

  • 11.55 Acre Lot
  • 247 Ft Wide Lot
  • Lake Front

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Built-In Barbecue

Utilities

  • Cooling System Mounted To A Wall/Window
  • Hot Water Heating System
  • Heating System Uses Propane
  • Septic Tank
  • Internet Available

Community Details

  • Community Storage Space

Listing and Financial Details

  • Assessor Parcel Number 006-108-005-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,261

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 2 Story
  • Total Tax Year: 2020
  • Year Built: 1990
  • Mail City: Rapid River
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail., Walk-In Closet
  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Basement: Yes
  • Basement: Full, Walk Out
  • Bedrooms: 4
  • Bedroom 1: On 1st Floor, Dimensions: 14 x 12
  • Bedroom 2: On 1st Floor, Dimensions: 10 x 10
  • Bedroom 3: In Basement, Dimensions: 14 x 13
  • Bedroom 4: In Basement, Dimensions: 14 x 12
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Bathroom 1: On Level: First
  • Bathroom 2: On Level: Second
  • Bathroom 3: On Level: Basement
  • Room Types: First Floor Laundry, First Flr Full Bathroom, Primary Bdrm Suite
  • Breakfast Nook: On 1st Floor, Dimensions: 14 x 12
  • Family Room: In Basement, Dimensions: 23 x 18
  • Kitchen: On 1st Floor, Dimensions: 13 x 12
  • Living Room: On 1st Floor, Dimensions: 21 x 18
  • Below Grade Sq Ft: 1040
  • Finished Below Grade Sq Ft: 813
  • Above Grade Finished Sq Ft: 1641
  • Total Finished Sq Ft: 2454

Exterior Features

  • Exterior: Log, Cinder Block
  • Exterior Features: Deck, BBQ/Grill Built-in
  • Foundation: Basement
  • Frontage: 247
  • Lake Name: Schaawe Lake
  • Road: City/County, Year Round
  • Water Features: Lake Frontage, Interior Lake
  • Waterfront: Yes
  • Frontage Type: Water

Garage/Parking

  • Garage: Attached Garage, Gar Door Opener
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Hot Water
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Cooling: Ceiling Fan(s), Wall/Window A/C

Condo/Co-op/Association

  • Community Features: Storage

Lot Info

  • Assessor Parcel Number: 006-108-005-00
  • Lot Dimensions: 52.97 x 194.4 x 2248.12 x
  • Acreage: 11.55
  • Geo Subdivision: MI

Tax Info

  • Total Tax: Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2021
Closed on
Aug 26, 2021
Sold by
Smith Joseph M
Bought by
Faler Stephen and Blake Kelly
Seller's Agent
Amber Carlson
UPWARDS REAL ESTATE
Buyer's Agent
Amber Carlson
UPWARDS REAL ESTATE
List Price
$329,000
Sold Price
$310,000
Premium/Discount to List
-$19,000
-5.78%
Current Estimated Value
$343,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,831
Avg. Annual Appreciation
1.72%

Purchase Details

Listed on
Aug 5, 2019
Closed on
Dec 3, 2019
Sold by
Richards Earl P
Bought by
Smith Joseph M and Smith Lisa L
Seller's Agent
Scott Moiser
KEY REALTY DELTA COUNTY LLC
Buyer's Agent
Sarah Wilson
PREMIER REAL ESTATE, INC.
List Price
$289,000
Sold Price
$268,400
Premium/Discount to List
-$20,600
-7.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.69%

Purchase Details

Closed on
Mar 29, 2012
Sold by
Richards Earl P and Richards Patricia A
Bought by
Richards Earl P and Richards Patricia A
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
Faler Stephen $310,000 --
Smith Joseph M $268,400 --
Richards Earl P -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2021 08/26/21 Sold $310,000 -5.8% $126 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $329,000 +22.6% $134 / Sq Ft
12/05/2019 12/05/19 Sold $268,400 -7.1% $177 / Sq Ft
11/05/2019 11/05/19 Pending -- -- --
08/05/2019 08/05/19 For Sale $289,000 -- $190 / 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 $5,261 $254,700 $0 $0
2024 $1,979 $194,300 $0 $0
2023 $1,888 $187,300 $0 $0
2022 $4,856 $161,400 $0 $0
2021 $4,131 $137,100 $0 $0
2020 $4,174 $140,000 $0 $0
2019 $3,841 $106,500 $0 $0
2018 $3,751 $100,700 $0 $0
2017 $863 $101,200 $0 $0
2016 $3,557 $76,800 $0 $0
2014 -- $85,337 $0 $0
2013 -- $80,803 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10044617

Upper Peninsula Association of REALTORS®

APN: 21-006-108-005-00