NOT LISTED FOR SALE

E8847 Lost Lake Rd Wetmore, MI 49895

Estimated Value: $243,000 - $255,308

2 Beds
1 Bath
869 Sq Ft
$286/Sq Ft Est. Value

Last Sold July 30, 2024

Last sale price $259,500 $299 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,620/month

11 Days on Market

Highlights

  • Lake Front
  • Camp Architecture
  • Patio
  • Sandy Beach
  • 2 Car Detached Garage
  • Shed

About This Home

As of July 2024

Escape to Paradise - A Vacation Rental That Has It All! This vacation rental cabin offers the ultimate getaway experience. Boasting a main floor bedroom with a loft bedroom for extra space, fully furnished interiors, a detached garage, and a handy shed, this property has everything you need for a comfortable and memorable stay. Prepare for adventure as this rental provides all the essentials for endless fun. Take a kayak, canoe, or paddleboat out for a scenic exploration on the popular Lost Lake, or gather with loved ones for a delicious BBQ using the grill conveniently provided. With these amenities at your fingertips, every moment will be filled with excitement and relaxation. Be confident in your choice - this property has a proven track record as a successful vacation rental with full reservations. Experience the popularity and desirability that previous guests have raved about, and create your own unforgettable memories in this sought-after retreat. What a great investment!

Last Agent to Sell the Property

Stacey Masters

RE/MAX SUPERIORLAND License #UPAR Listed on: 06/24/2024

RE/MAX SUPERIORLAND

Last Buyer's Agent

Stacey Masters

RE/MAX SUPERIORLAND License #UPAR Listed on: 06/24/2024

RE/MAX SUPERIORLAND

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1940

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 83x400
  • Lake Front
  • Sandy Beach

Parking

  • 2 Car Detached Garage

Home Design

  • Camp Architecture
  • Wood Siding

Interior Spaces

  • 869 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Shed

Utilities

  • Space Heater
  • Heating System Uses Propane
  • Sand Point Well
  • Liquid Propane Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 02-006-365-035-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,206

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type: Residential
  • Type Of Property: Single Family
  • Architecture Style: Camp
  • Structure Style: 1 Story
  • Total Tax Amount: 3062
  • Year Built: 1940
  • Mail City: Wetmore
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: None (InteriorFeatures)
  • Appliances: Range/Oven, Refrigerator
  • Basement: None (Basement)
  • Bedrooms: 2
  • Bedroom 1: On Main Floor, Dimensions: 16 x 17
  • Bedroom 2: On 2nd Floor, Dimensions: 5 x 10
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 5 x 13, On Level: Main
  • Dining Room: On Main Floor, Dimensions: 12 x 10
  • Kitchen: On Main Floor, Dimensions: 13 x 8
  • Living Room: On Main Floor, Dimensions: 12 x 12
  • Sun Room: On Main Floor, Dimensions: 7 x 20
  • Above Grade Finished Sq Ft: 869
  • Total Finished Sq Ft: 869

Exterior Features

  • Exterior: Wood
  • Exterior Features: Patio
  • Foundation: Crawl
  • Frontage: 83
  • Road: Year Round
  • Water Features: All Sports Lake, Waterfront, Interior Lake, Sandy Bottom
  • Waterfront: Yes
  • Out Buildings: Shed
  • Frontage Type: Water

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Space Heater
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Point Well
  • Water Heater: Propane Hot Water

Lot Info

  • Assessor Parcel Number: 02-006-365-035-00
  • Lot Dimensions: 83x400
  • Acreage: 0.54
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2023, Amount: $1,719.00
  • Winter Tax: Year: 2023, Amount: $1,343.00
  • Total Tax: Amount: $3,062.00

MLS Schools

  • School District: Munising Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2024
Closed on
Jul 30, 2024
Sold by
Nolan Thomas
Bought by
O'Brien Timothy and O'Brien Erica
Seller's Agent
Stacey Masters
RE/MAX SUPERIORLAND
Buyer's Agent
Stacey Masters
RE/MAX SUPERIORLAND
List Price
$259,000
Sold Price
$259,500
Premium/Discount to List
$500
0.19%
Views
20
Current Estimated Value
$248,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,731
Avg. Annual Appreciation
-3.83%

Purchase Details

Listed on
Jul 12, 2021
Closed on
Sep 7, 2021
Sold by
Veeser Loren W
Bought by
Nolan Thomas and Nolan Amie
Seller's Agent
Stacey Masters
RE/MAX SUPERIORLAND
Buyer's Agent
Stacey Masters
RE/MAX SUPERIORLAND
List Price
$169,000
Sold Price
$174,000
Premium/Discount to List
$5,000
2.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.78%
Source: Public Records

Range of Values:

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 Buyer Sale Price Title Company
O'Brien Timothy $259,500 --
Nolan Thomas $174,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2024 07/30/24 Sold $259,500 +0.2% $299 / Sq Ft
06/24/2024 06/24/24 For Sale $259,000 +48.9% $298 / Sq Ft
09/07/2021 09/07/21 Sold $174,000 +3.0% $236 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $169,000 -- $229 / 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 $3,206 $72,800 $0 $0
2024 $1,797 $69,500 $0 $0
2023 $1,719 $68,900 $0 $0
2022 $1,604 $61,800 $0 $0
2021 $2,429 $61,800 $0 $0
2020 $2,376 $62,300 $0 $0
2019 $2,290 $54,800 $0 $0
2018 $2,297 $61,000 $0 $0
2017 $2,089 $57,000 $0 $0
2016 $2,076 $57,000 $0 $0
2015 $2,209 $57,000 $0 $0
2014 $2,209 $57,000 $0 $0
2013 $2,147 $58,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stacey Masters

    Seller's Agent in 2024

    Stacey Masters

    RE/MAX SUPERIORLAND

    (906) 202-3312

    203 Total Sales

    Stacey Masters
    Section Image
See All Agents

Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50146376

Upper Peninsula Association of REALTORS®

APN: 02-006-365-035-00

Michigan Alger County Wetmore 49895

E8847 Lost Lake Rd, Wetmore, MI

This home is located at E8847 Lost Lake Rd, Wetmore, MI 49895 since 24 June 2024 and is currently estimated at $248,769, approximately $286 per square foot. This property was built in 1940. E8847 Lost Lake Rd is a home located in Alger County with nearby schools including William G. Mather Elementary School and Munising Middle/High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Upper Peninsula Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes