NOT LISTED FOR SALE

E8994 Powell Lake Rd Wetmore, MI 49895

Estimated Value: $400,206 - $474,000

3 Beds
2.5 Baths
2,550 Sq Ft
$172/Sq Ft Est. Value

Last Sold July 08, 2021

Last sale price $320,000 $125 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,655/month

7 Days on Market

Highlights

  • Lake Front
  • 2 Car Attached Garage
  • Forced Air Heating System
  • Main Floor Bedroom
  • Bathroom on Main Level
  • Gas Fireplace

About This Home

As of July 2021

LAKEFRONT LIVING! 2550 sqft, 3BR, 2.5 BA on 100’ of sand beach on beautiful Powell Lake which is a short drive from Munising and a year round paved road. The home has been completely remodeled and consists of main floor having an open kitchen, dining & living area with solid bamboo flooring. Kitchen has custom cabinets & heated tile floor. Living room has gas fireplace and a great view of the lake with access to the deck. Master bedroom with French doors accessing front deck, attached bath with walk in tiled shower, clawfoot tub, granite vanity top & heated tile floor. Main floor laundry and ½ bath. Upper level has 2 large bedrooms (one with a lakeside private balcony) and full bath with tiled walk-in shower, corner tub and granite vanity top. So many updates have been done such as roof, retaining wall and access drive to the lake, back- up generator, well, garage floor and 2 entry doors, and spray foam insulation. There’s a 2 car attached garage and large entry area. All this in the heart of the Hiawatha National Forest. Enjoy all of the recreational activities the U.P. has to offer right out your door!

Last Listed By

Amy Schieding

RE/MAX SUPERIORLAND License #UPAR-6502376536 Listed on: 05/21/2021

RE/MAX SUPERIORLAND

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,739

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 100x130x120x126
  • Lake Front

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,550 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02-006-540-020-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,739

Lot Details

0

Listing Details

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

Interior Features

  • Appliances: Dishwasher, Microwave
  • Fireplace: Yes
  • Fireplaces: Gas Fireplace
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 12 x 23
  • Bedroom 2: On 2nd Floor, Dimensions: 14 x 16
  • Bedroom 3: On 2nd Floor, Dimensions: 12 x 14
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Bathroom 1: On Level: First
  • Bathroom 2: On Level: First
  • Bathroom 3: On Level: First
  • Room Types: First Floor Bedroom, First Flr Full Bathroom, Primary Bdrm Suite
  • Dining Room: On 1st Floor, Dimensions: 11 x 15
  • Kitchen: On 1st Floor, Dimensions: 12 x 14
  • Living Room: On 1st Floor, Dimensions: 15 x 25
  • Above Grade Finished Sq Ft: 2550
  • Total Finished Sq Ft: 2550
  • Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl Siding
  • Frontage: 100
  • Lake Name: Powell Lake
  • Road: City/County, Year Round
  • Water Features: Lake Frontage, Interior Lake
  • Waterfront: Yes
  • Frontage Type: Water

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Electric, LP/Propane Gas
  • Sewer: Septic

Lot Info

  • Assessor Parcel Number: 02-006-540-020-00
  • Lot Dimensions: 100x130x120x126
  • Acreage: 0.29
  • Geo Subdivision: MI

MLS Schools

  • School District: Munising Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Jul 8, 2021
Sold by
Earl Willard L
Bought by
Kinnunen David
Seller's Agent
Amy Schieding
RE/MAX SUPERIORLAND
Buyer's Agent
Stacey Masters
RE/MAX SUPERIORLAND
List Price
$320,000
Sold Price
$320,000
Total Days on Market
7
Current Estimated Value
$437,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,735
Avg. Annual Appreciation
8.81%

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
Kinnunen David $320,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2021 07/08/21 Sold $320,000 0.0% $125 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $320,000 -- $125 / 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 $2,739 $173,700 $0 $0
2023 $2,618 $159,300 $0 $0
2022 $2,260 $96,200 $0 $0
2021 $2,298 $96,200 $0 $0
2020 $2,234 $112,000 $0 $0
2019 $2,125 $98,600 $0 $0
2018 $2,051 $91,300 $0 $0
2017 $1,753 $85,300 $0 $0
2016 $1,746 $85,300 $0 $0
2015 $3,567 $85,300 $0 $0
2014 $3,567 $85,300 $0 $0
2013 $3,467 $85,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amy Schieding

    Seller's Agent in 2021

    Amy Schieding

    RE/MAX SUPERIORLAND

    (906) 202-0340

    366 Total Sales

    Amy Schieding
    Section Image
  • Stacey Masters

    Buyer's Agent in 2021

    Stacey Masters

    RE/MAX SUPERIORLAND

    (906) 202-3312

    210 Total Sales

    Stacey Masters
    Section Image
See All Agents

Map

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Source: Upper Peninsula Association of REALTORS®

MLS Number: 10043824

Upper Peninsula Association of REALTORS®

APN: 02-006-540-020-00

Michigan Alger County Wetmore 49895

E8994 Powell Lake Rd, Wetmore, MI

Homes for Sale in Wetmore, MI

This home is located at E8994 Powell Lake Rd, Wetmore, MI 49895 since 21 May 2021 and is currently estimated at $437,735, approximately $171 per square foot. E8994 Powell 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.