$140,000
SOLD AUG 1, 2025

8982 U S 2 Rapid River, MI 49878

2 Beds
1 Bath
1,440 Sq Ft
4.31 Acres

Recently Sold

$97 Per Sq Ft

12% Above List Price

12 Days on Market

Highlights

  • Spa
  • Wooded Lot
  • 2 Car Attached Garage
  • Deck
  • Main Floor Bedroom
  • Patio

About This Home

As of August 2025

Bi-level home with attached breezeway and garage. Home is set off the highway and property is wooded with 4.31 acres. Solid structure that has a lot to offer. Home is vinyl sided. Sliding glass doors on both sides of the home. At the front large deck. At the back of the home there is a detached covered patio with a hot tub. Upper level has 2 good sized bedrooms, large living room and large kitchen with dining area. Lower level has family room (22x18) with egress window and free standing fire place. Utility area of the lower level has laundry and lots of storage. Garage appears to be insulated, has electric, nice work bench and modine heater. This home has suffered water damage when propane tank went dry during winter months. Rehab will need to be done by buyer. Seller can not make any repair. Seller is accepting offers until July 12, 2025 @ 4 p.m.

Last Agent to Sell the Property

Wendy Holzenkamp

COLDWELL BANKER SCHMIDT ESCANABA License #UPAR-6501296852 Listed on: 07/03/2025

COLDWELL BANKER SCHMIDT ESCANABA

Last Buyer's Agent

Dominic Aos

PREMIER REAL ESTATE, INC. License #UPAR-6501453629

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1971

Lot Details

  • 4.31 Acre Lot
  • Lot Dimensions are 300 x 350
  • Rural Setting
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Split Level Home
  • Bi-Level Home
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Family Room with Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

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

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Partially Finished Basement

  • Interior Basement Entry
  • Sump Pump
  • Block Basement Construction
  • Basement Window Egress

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Breezeway

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 012-184-026-00

Home Details

Home Type

Single Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type: Residential
  • Type Of Property: Single Family
  • Architecture Style: Split Level, Conventional Frame
  • Structure Style: Bi-Level
  • Total Tax Amount: 2035
  • Total Tax Year: 2024
  • Year Built: 1971
  • Mail City: Rapid River
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: None (InteriorFeatures)
  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: FamRoom Fireplace, Wood Burning, Free Standing Fireplace
  • Basement: Yes
  • Basement: Block, Egress/Daylight Windows, Partially Finished, Interior Access, Sump Pump
  • Bedrooms: 2
  • Bedroom 1: On Main Floor, Dimensions: 9 x 11
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On Main Floor, Dimensions: 9 x 14
  • Bedroom 2 Floor Covering: Carpet
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: Main, Flooring: Laminate
  • Room Types: Breezeway, Family Room, First Floor Bedroom, Lower Level Laundry, First Flr Full Bathroom
  • Dining Room: On Main Floor, Dimensions: 8 x 9
  • Dining Room Floor Covering: Laminate
  • Kitchen: On Main Floor, Dimensions: 16 x 8
  • Kitchen Floor Covering: Laminate
  • Living Room: On Main Floor, Dimensions: 20 x 12
  • Living Room Floor Covering: Laminate
  • Below Grade Sq Ft: 960
  • Finished Below Grade Sq Ft: 480
  • Above Grade Finished Sq Ft: 960
  • Total Finished Sq Ft: 1440

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck, Patio, Spa/Hot Tub
  • Foundation: Basement
  • Frontage: 300
  • Road: Access, Paved Street, Year Round
  • Out Buildings: Other (OtherStructures)
  • Frontage Type: Road

Garage/Parking

  • Garage: Attached Garage, Electric in Garage
  • Garage Spaces: 2
  • Parking: 2 Spaces, Garage
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Private Point
  • Water Heater: Electric

Lot Info

  • Assessor Parcel Number: 012-184-026-00
  • Zoning: Residential
  • Lot Dimensions: 300 x 350
  • Acreage: 4.31
  • Geo Subdivision: MI
  • Site/Lot Features: Rural, Wooded

Tax Info

  • Summer Tax: Year: 2024, Amount: $474.00
  • Winter Tax: Year: 2024, Amount: $1,561.00
  • Total Tax: Year: 2024, Amount: $2,035.00

MLS Schools

  • School District: Rapid River Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2014
Closed on
Jan 15, 2015
Sold by
Anthony J Anthony J and Lajoye Robyn
Bought by
Khollman Tom
Seller's Agent
Judy Granger
COLDWELL BANKER SCHMIDT ESCANABA
Buyer's Agent
Judy Granger
COLDWELL BANKER SCHMIDT ESCANABA
List Price
$119,900
Sold Price
$119,900
Current Estimated Value
$140,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,000
Avg. Annual Appreciation
1.49%
Original Mortgage
$121,000
Interest Rate
3.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $121,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2025 08/01/25 Sold $140,000 +12.0% $97 / Sq Ft
07/15/2025 07/15/25 Pending -- -- --
07/03/2025 07/03/25 For Sale $125,000 +4.3% $87 / Sq Ft
01/15/2015 01/15/15 Sold $119,900 0.0% $76 / Sq Ft View Prior Sale
12/09/2014 12/09/14 Pending -- -- --
09/10/2014 09/10/14 For Sale $119,900 +15.3% $76 / Sq Ft
11/12/2013 11/12/13 Sold $104,000 -9.5% $69 / Sq Ft View Prior Sale
09/13/2013 09/13/13 Pending -- -- --
08/27/2013 08/27/13 For Sale $114,900 -- $77 / 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 $487 $59,200 $0 $0
2024 $474 $53,500 $0 $0
2023 $452 $57,300 $0 $0
2022 $1,853 $49,400 $0 $0
2021 $1,114 $37,400 $0 $0
2020 $1,301 $46,800 $0 $0
2019 $1,250 $46,100 $0 $0
2018 $1,221 $42,300 $0 $0
2017 $500 $46,968 $0 $0
2016 $1,236 $44,485 $0 $0
2014 -- $46,502 $0 $0
2013 -- $46,976 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50180717

Upper Peninsula Association of REALTORS®

APN: 21-012-184-026-00