NOT LISTED FOR SALE

E8980 Powell Lake Rd Wetmore, MI 49895

Estimated Value: $246,908 - $270,000

2 Beds
1.5 Baths
1,100 Sq Ft
$238/Sq Ft Est. Value

Last Sold September 29, 2021

Last sale price $199,900 $182 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,586/month

7 Days on Market

Highlights

  • Lake Front
  • Sauna
  • Main Floor Bedroom
  • Pier or Dock
  • Deck
  • 1 Car Detached Garage

About This Home

As of September 2021

Just what you have been waiting for - cozy cottage on Powell Lake. Features include wrap around deck with 12x12 step down area for patio table that overlooks the lake, huge semi-circle patio, fire pit, steps leading to dock and great swimming off the raft. Cottage includes huge great room with vaulted ceiling, with 13 x 19 bedroom above, partial basement has an outside access on lake side, contains 1/2 bath, furnace/hot water heater area and sauna with shower. Detached buildings include 28x32 garage plus 10x20 storage building for toys, wood, etc. Range, 2 refrigerators, stack washer/dryer and microwave are included in sale.

Last Agent to Sell the Property

JoAnn Carlson

BIG C REALTY-M License #UPAR Listed on: 08/07/2021

Last Buyer's Agent

Amy Schieding

RE/MAX SUPERIORLAND License #UPAR-6502376536

RE/MAX SUPERIORLAND

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,435

Year Built

  • Built in 1950

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 100x141x218x90
  • Lake Front

Parking

  • 1 Car Detached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1,100 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Sauna

Bedrooms and Bathrooms

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

Basement

  • Walk-Out Basement
  • Partial Basement

Outdoor Features

  • Deck
  • Patio
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Septic Tank

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 02-006-540-018-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,435

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 1 1/2 Story
  • Year Built: 1950
  • Mail City: Wetmore
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Spa/Sauna
  • Basement: Yes
  • Basement: Walk Out, Partial
  • Bedrooms: 2
  • Bedroom 1: On 1st Floor, Dimensions: 8 x 9
  • Bedroom 2: On 2nd Floor, Dimensions: 13 x 19
  • 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
  • Kitchen: On 1st Floor, Dimensions: 10 x 11
  • Living Room: On 1st Floor, Dimensions: 19 x 19
  • Below Grade Sq Ft: 400
  • Above Grade Finished Sq Ft: 1100
  • Total Finished Sq Ft: 1100
  • Half Bathrooms: 1

Exterior Features

  • Exterior: Wood
  • Exterior Features: Deck, Patio
  • Foundation: Partial Basement
  • Frontage: 100
  • Lake Name: Powell Lake
  • Road: City/County, Year Round
  • Water Features: Dock/Pier Facility, Lake Frontage, Interior Lake
  • Waterfront: Yes
  • Out Buildings: Shed
  • Frontage Type: Water

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 1
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Cooling: Ceiling Fan(s)

Lot Info

  • Assessor Parcel Number: 02-006-540-018-00
  • Lot Dimensions: 100x141x218x90
  • 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
Aug 7, 2021
Closed on
Sep 29, 2021
Sold by
Johnson Donald P
Bought by
Hugener Patrick B
Seller's Agent
JoAnn Carlson
BIG C REALTY-M
Buyer's Agent
Amy Schieding
RE/MAX SUPERIORLAND
List Price
$199,900
Sold Price
$199,900
Current Estimated Value
$260,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,708
Avg. Annual Appreciation
7.15%
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
Hugener Patrick B $199,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2021 09/29/21 Sold $199,900 0.0% $182 / Sq Ft
08/14/2021 08/14/21 Pending -- -- --
08/07/2021 08/07/21 For Sale $199,900 -- $182 / 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 $2,435 $106,500 $0 $0
2024 $1,468 $92,000 $0 $0
2023 $1,403 $85,400 $0 $0
2022 $1,988 $70,000 $0 $0
2021 $1,459 $70,000 $0 $0
2020 $1,418 $78,600 $0 $0
2019 $1,349 $68,800 $0 $0
2018 $1,302 $65,200 $0 $0
2017 $1,113 $60,900 $0 $0
2016 $1,601 $60,900 $0 $0
2015 $2,227 $60,900 $0 $0
2014 $2,227 $60,900 $0 $0
2013 $2,108 $60,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10045644

Upper Peninsula Association of REALTORS®

APN: 02-006-540-018-00