NOT LISTED FOR SALE

N4270 Powell Lake Rd Wetmore, MI 49895

Estimated Value: $326,000 - $405,000

3 Beds
2.5 Baths
2,644 Sq Ft
$138/Sq Ft Est. Value

Last Sold September 13, 2019

Last sale price $175,000 $66 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $2,175/month

348 Days on Market

Highlights

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

About This Home

As of September 2019

Beautiful year round 3 bedroom, 2.5 bath home on 100' of Powell Lake sand frontage with dock. Open style living area with cathedral ceilings. New laminate flooring throughout upper level. Gas fireplace in living area overlooking lake. Master bedroom with master bath just off living room. Great access for swimming, and fishing! Property has a shed, two car detached garage and electric sauna located near the beachfront.

Last Agent to Sell the Property

Donald Willson

NORTHERN MICHIGAN LAND BROKERS License #UPAR-6501273552 Listed on: 09/13/2018

Last Buyer's Agent

Donald Willson

NORTHERN MICHIGAN LAND BROKERS License #UPAR-6501273552 Listed on: 09/13/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,951

Year Built

  • Built in 1970

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 100x330
  • Lake Front

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Sauna
  • Walk-Out Basement

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Porch

Utilities

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

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 006-570-065-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,951

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 2 Story
  • Total Tax Year: 2017
  • Year Built: 1970
  • Mail City: Wetmore
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Spa/Sauna
  • Appliances: Dishwasher, Disposal, Range/Oven
  • Fireplace: Yes
  • Fireplaces: Gas Fireplace
  • Basement: Yes
  • Basement: Walk Out
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 12 x 12
  • Bedroom 2: On 2nd Floor, Dimensions: 10 x 21
  • Bedroom 3: On 2nd Floor, Dimensions: 11 x 11
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Bathroom 1: On Level: First
  • Bathroom 2: On Level: Second
  • Bathroom 3: On Level: First
  • Room Types: First Floor Bedroom, First Flr Full Bathroom, Primary Bdrm Suite
  • Dining Room: On 1st Floor, Dimensions: 9 x 11
  • Family Room: On 2nd Floor, Dimensions: 18 x 18
  • Kitchen: On 1st Floor, Dimensions: 10 x 10
  • Living Room: On 1st Floor, Dimensions: 21 x 25
  • Below Grade Sq Ft: 1300
  • Finished Below Grade Sq Ft: 1300
  • Above Grade Finished Sq Ft: 1344
  • Total Finished Sq Ft: 2644
  • Half Bathrooms: 1

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • Heating Fuel: Other (FuelType), LP/Propane Gas
  • Sewer: Septic
  • Water: Private Well

Lot Info

  • Assessor Parcel Number: 006-570-065-00
  • Lot Dimensions: 100x330
  • Acreage: 1
  • Geo Subdivision: MI

Tax Info

  • Total Tax: Year: 2017

MLS Schools

  • School District: Munising Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2018
Closed on
Sep 13, 2019
Sold by
Niemi William E
Bought by
Thompson Edward Gehr
Seller's Agent
Donald Willson
NORTHERN MICHIGAN LAND BROKERS
Buyer's Agent
Donald Willson
NORTHERN MICHIGAN LAND BROKERS
List Price
$220,000
Sold Price
$175,000
Premium/Discount to List
-$45,000
-20.45%
Current Estimated Value
$363,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,877
Avg. Annual Appreciation
12.77%
Source: Public Records

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
Thompson Edward Gehr $175,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2019 09/13/19 Sold $175,000 -20.5% $66 / Sq Ft
08/27/2019 08/27/19 Pending -- -- --
09/13/2018 09/13/18 For Sale $220,000 -- $83 / 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 $2,951 $132,600 $0 $0
2024 $1,780 $117,200 $0 $0
2023 $1,701 $100,000 $0 $0
2022 $1,341 $83,400 $0 $0
2021 $2,061 $83,400 $0 $0
2020 $2,354 $96,600 $0 $0
2019 $1,693 $71,700 $0 $0
2018 $1,729 $76,900 $0 $0
2017 $1,478 $71,900 $0 $0
2016 $1,472 $71,900 $0 $0
2015 $1,707 $71,900 $0 $0
2014 $1,707 $71,900 $0 $0
2013 $1,647 $72,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10033640

Upper Peninsula Association of REALTORS®

APN: 02-006-570-065-00