NOT LISTED FOR SALE

E8863 S Lost Lake Rd Unit Lat/Long: 46.29315, Wetmore, MI 49895

Estimated Value: $202,909 - $347,000

3 Beds
1.5 Baths
1,540 Sq Ft
$182/Sq Ft Est. Value

Last Sold June 19, 2017

Last sale price $120,550 $78 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $1,695/month

545 Days on Market

Highlights

  • Lake Front
  • Porch
  • Shed
  • Pier or Dock
  • Bathroom on Main Level
  • 1-Story Property

About This Home

As of June 2017

Own this solidly built home/camp on one of the prime spots on Lost Lake. The property includes a spacious deck overlooking the water and a walk-out basement. The lake bottom is firm sand great for wading and swimming. Lost Lake itself is a 106-acre lake. Islands and coves for exploration and fishing give the lake lots of character. Or you can just sit on the deck and enjoy the view.

Last Listed By

Stephen Nebel

RE/MAX SUPERIORLAND License #UPAR Listed on: 11/25/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,669

Year Built

  • Built in 1972

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 94x120x88x159
  • Lake Front

Home Design

  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Outdoor Features

  • Shed
  • Porch

Utilities

  • Hot Water Heating System
  • Heating System Uses Propane
  • Septic Tank

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 02-006-365-022-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,669

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 1 Story
  • Year Built: 1972
  • Mail City: Wetmore
  • Unit Number Building Number: Lat/Long: 46.29315, -86.65902
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven
  • Basement: Yes
  • Basement: Full
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 12 x 13
  • Bedroom 2: On 1st Floor, Dimensions: 8 x 10
  • Bedroom 3: On 1st Floor, Dimensions: 9 x 12
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: On Level: First
  • Bathroom 2: On Level: Basement
  • Room Types: First Floor Bedroom, First Flr Full Bathroom
  • Breakfast Nook: On 1st Floor, Dimensions: 8 x 9
  • Family Room: In Basement, Dimensions: 12 x 26
  • Kitchen: On 1st Floor, Dimensions: 9 x 10
  • Living Room: On 1st Floor, Dimensions: 13 x 21
  • Other Room1: Dimensions: 9x12, On Level: Basement
  • Below Grade Sq Ft: 1120
  • Finished Below Grade Sq Ft: 420
  • Above Grade Finished Sq Ft: 1120
  • Total Finished Sq Ft: 1540
  • Half Bathrooms: 1

Exterior Features

  • Exterior: Wood
  • Exterior Features: Porch
  • Foundation: Basement, Slab
  • Lake Name: Lost Lake
  • Road: City/County
  • Water Features: Dock/Pier Facility, Lake Frontage, Interior Lake
  • Waterfront: Yes
  • Out Buildings: Shed

Garage/Parking

  • Garage: No

Utilities

  • Heating: Hot Water
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Private Well

Lot Info

  • Assessor Parcel Number: 02-006-365-022-00
  • Lot Dimensions: 94x120x88x159
  • Acreage: 0.28
  • Geo Subdivision: MI

MLS Schools

  • School District: Munising Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2015
Closed on
Jun 19, 2017
Sold by
Tidd Myrtle L
Bought by
Kolb Michael F and Kolb Jennifer L
Seller's Agent
Stephen Nebel
RE/MAX SUPERIORLAND
Buyer's Agent
Stacey Masters
RE/MAX SUPERIORLAND
List Price
$139,900
Sold Price
$120,550
Premium/Discount to List
-$19,350
-13.83%
Total Days on Market
545
Current Estimated Value
$280,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,086
Avg. Annual Appreciation
10.49%

Range of Values:

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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
Kolb Michael F $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lafave Larry $89,491
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2017 06/19/17 Sold $120,550 -13.8% $78 / Sq Ft
05/23/2017 05/23/17 Pending -- -- --
11/25/2015 11/25/15 For Sale $139,900 -- $91 / 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
2024 $1,669 $69,500 $0 $0
2023 $1,593 $64,900 $0 $0
2022 $1,427 $59,500 $0 $0
2021 $2,546 $59,500 $0 $0
2020 $2,490 $67,900 $0 $0
2019 $2,401 $59,700 $0 $0
2018 $2,329 $53,800 $0 $0
2017 $1,956 $50,300 $0 $0
2016 $1,487 $50,300 $0 $0
2015 $1,194 $50,300 $0 $0
2014 $1,194 $50,300 $0 $0
2013 $1,155 $50,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Stephen Nebel

    RE/MAX SUPERIORLAND

  • Stacey Masters

    Buyer's Agent in 2017

    Stacey Masters

    RE/MAX SUPERIORLAND

    (906) 202-3312

    210 Total Sales

    Stacey Masters
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Map

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Source: Upper Peninsula Association of REALTORS®

MLS Number: 10020929

Upper Peninsula Association of REALTORS®

APN: 02-006-365-022-00

Michigan Alger County Wetmore 49895

E8863 S Lost Lake Rd Unit Lat/Long: 46.29315,, Wetmore, MI

Homes for Sale in Wetmore, MI

This home is located at E8863 S Lost Lake Rd Unit Lat/Long: 46.29315,, Wetmore, MI 49895 since 25 November 2015 and is currently estimated at $280,636, approximately $182 per square foot. This property was built in 1972. E8863 S Lost Lake Rd Unit Lat/Long: 46.29315, 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.