NOT LISTED FOR SALE

8602 Old Wilsey Bay 12 Ln Rapid River, MI 49878

Estimated Value: $61,000 - $270,000

-- Bed
-- Bath
560 Sq Ft
$307/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $140,000 $250 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,278/month

40 Days on Market

Highlights

  • Waterfront
  • Shed
  • Gas Fireplace
  • Porch

About This Home

As of August 2021

Perfect getaway - own your very own 200' of sand beach with a brand new two-story bunkhouse waiting for you to come in and finish it to your liking. The bunkhouse has propane heat with a Jotul gas stove/fireplace to take the chill out the air. Most of the 7.82 acres is wooded and located behind the bunkhouse with the property butting up to Federal land. This property has something for everyone...boating, fishing, swimming, hunting, bird watching or just enjoying a picnic on the beach. The property has a septic in place, electric service and a gravel camper pad with 30 amp service all set for your camper to pull in. Two sheds on the property offer plenty of storage. Of note, the road is plowed year round, there are full time residents past this property. The beach frontage is across the road, but the road is a less traveled road.

Last Agent to Sell the Property

Amber Carlson

UPWARDS REAL ESTATE License #UPAR Listed on: 05/14/2021

Last Buyer's Agent

Cheryl Cox

RE/MAX SUPERIORLAND License #UPAR

RE/MAX SUPERIORLAND

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,059

Year Built

  • Built in 2020

Lot Details

  • 7.82 Acre Lot
  • Lot Dimensions are 208.53x1735.98x199.32x167
  • Waterfront

Home Design

  • Slab Foundation

Interior Spaces

  • 560 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace

Outdoor Features

  • Shed
  • Porch

Additional Features

  • Property is near a Great Lake
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 003-058-010-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,059

Year Built

Built in 2020

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: 2020
  • Mail City: Rapid River
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplaces: Gas Fireplace
  • Above Grade Finished Sq Ft: 560

Exterior Features

  • Exterior Features: Porch
  • Foundation: Slab
  • Frontage: 208
  • Lake Name: Lake Michigan
  • Road: City/County, Year Round
  • Water Features: Lake Frontage, Great Lake
  • Waterfront: Yes
  • Out Buildings: Shed
  • Frontage Type: Water

Garage/Parking

  • Garage: No

Utilities

  • Sewer: Septic
  • Water: None

Lot Info

  • Assessor Parcel Number: 003-058-010-00
  • Lot Dimensions: 208.53x1735.98x199.32x167
  • Acreage: 7.82
  • Geo Subdivision: MI

Tax Info

  • Total Tax: Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Aug 6, 2021
Sold by
Lorenzoni Ralph W
Bought by
Bjorklund Alden W and Bjorklund Janet R
Seller's Agent
Amber Carlson
UPWARDS REAL ESTATE
Buyer's Agent
Cheryl Cox
RE/MAX SUPERIORLAND
List Price
$160,000
Sold Price
$140,000
Premium/Discount to List
-$20,000
-12.5%
Current Estimated Value
$201,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,908
Avg. Annual Appreciation
5.29%

Purchase Details

Closed on
May 1, 2000

Purchase Details

Closed on
Nov 1, 1999

Purchase Details

Closed on
Jul 12, 1999

Purchase Details

Closed on
Jan 5, 1999
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
Bjorklund Alden W $140,000 --
-- -- --
-- -- --
-- -- --
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $140,000 -12.5% $250 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $160,000 -- $286 / 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 $2,059 $67,500 $0 $0
2024 $477 $56,200 $0 $0
2023 $453 $45,300 $0 $0
2022 $1,876 $38,500 $0 $0
2021 $1,087 $22,300 $0 $0
2020 $1,041 $21,500 $0 $0
2019 $1,028 $21,500 $0 $0
2018 $1,023 $21,500 $0 $0
2017 $233 $22,500 $0 $0
2016 $959 $22,500 $0 $0
2014 -- $25,000 $0 $0
2013 -- $25,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10043987

Upper Peninsula Association of REALTORS®

APN: 21-003-058-010-00