NOT LISTED FOR SALE

N3853 Peninsula Point Rd Munising, MI 49862

Estimated Value: $318,000 - $617,000

3 Beds
1.5 Baths
1,660 Sq Ft
$287/Sq Ft Est. Value

Last Sold December 04, 2014

Last sale price $210,000 $127 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $2,942/month

508 Days on Market

Highlights

  • Lake Front
  • 2 Car Detached Garage
  • Bathroom on Main Level
  • Ranch Style House
  • Porch
  • Shed

About This Home

As of December 2014

As sunrise brings the day, the sunsets will take your breath away!! This gorgeous stick built home located on the point on 16 Mile Lake has everything you need. Spacious living areas, new kitchen and appliances, hard wood floors, premium windows, metal roof, and hot water heat. 200 ft of Lake frontage, with landscaped lawn, flower gardens, detached 2 car spacious garage and storage building. A house for all seasons - wrap around deck to sit outside and enjoy the beauty of the lake, hot-water heat throughout, and finished basement with hand-picked stone wall gas fire place to feel cozy on those cold winter nights. Enjoy year round recreation on this all-sports lake with fishing, boating, jet-skiing and swimming. Close to snowmobile trails and National Forest Lands for all your hunting.

Last Agent to Sell the Property

KIM CROMELL

PICTURED ROCKS REAL ESTATE License #UPAR Listed on: 04/22/2013

Co-Listed By

Sean Boyak

BIG C REALTY-M License #UPAR

Last Buyer's Agent

Kelli Konrad

LAND AND LAKES REAL ESTATE CO. License #UPAR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,059

Year Built

  • Built in 1960

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 200x120
  • Lake Front

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Gas Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Shed
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 001-214-073-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,059

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Year Built: 1960
  • Mail City: Munising
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range/Oven
  • Fireplace: Yes
  • Fireplaces: Gas Fireplace
  • Basement: Yes
  • Basement: Full, Walk Out
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 10 x 22
  • Bedroom 2: On 1st Floor, Dimensions: 11 x 12
  • Bedroom 3: In Basement, Dimensions: 9 x 17
  • 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: 12 x 17
  • Family Room: In Basement, Dimensions: 25 x 12
  • Kitchen: On 1st Floor, Dimensions: 9 x 11
  • Living Room: On 1st Floor, Dimensions: 21 x 15
  • Below Grade Sq Ft: 777
  • Finished Below Grade Sq Ft: 645
  • Above Grade Finished Sq Ft: 1015
  • Total Finished Sq Ft: 1660
  • Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Porch
  • Foundation: Basement
  • Lake Name: Sixteen Mile Lake
  • Water Features: Lake Frontage, Interior Lake
  • Waterfront: Yes
  • Out Buildings: Shed

Garage/Parking

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

Utilities

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

Lot Info

  • Assessor Parcel Number: 001-214-073-00
  • Lot Dimensions: 200x120
  • Acreage: 0.55
  • Geo Subdivision: MI

MLS Schools

  • School District: Munising Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2013
Closed on
Dec 4, 2014
Sold by
Loretta
Bought by
Gordon Jon Craig and Gordon Debra Lynne
Seller's Agent
KIM CROMELL
PICTURED ROCKS REAL ESTATE
Buyer's Agent
Kelli Konrad
LAND AND LAKES REAL ESTATE CO.
List Price
$270,000
Sold Price
$210,000
Premium/Discount to List
-$60,000
-22.22%
Current Estimated Value
$476,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,754
Avg. Annual Appreciation
7.86%
Original Mortgage
$157,500
Interest Rate
3.99%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Gordon Jon Craig -- Alger Abstract & Title
Reff Loretta -- Alger Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Reff Loretta $157,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2014 12/04/14 Sold $210,000 -22.2% $127 / Sq Ft
09/12/2014 09/12/14 Pending -- -- --
04/22/2013 04/22/13 For Sale $270,000 -- $163 / 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 $5,059 $161,200 $0 $0
2024 $1,640 $142,400 $0 $0
2023 $1,565 $133,000 $0 $0
2022 $4,396 $128,300 $0 $0
2021 $4,396 $128,300 $0 $0
2020 $4,209 $123,700 $0 $0
2019 $4,014 $94,100 $0 $0
2018 $4,615 $110,400 $0 $0
2017 $4,737 $111,900 $0 $0
2016 $4,581 $111,900 $0 $0
2015 $1,537 $118,000 $0 $0
2014 $1,537 $118,000 $0 $0
2013 $1,479 $118,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10007835

Upper Peninsula Association of REALTORS®

APN: 02-001-214-073-00