See Home Value
Michigamme 49861
423 S Brook Street
$224,386*
House - Off Market

423 S Brook Street

Michigamme, MI 49861
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1536 Sqft
$203,000 - $247,000
Reference Base Price*
-0.27%
Since Aug 1, 2023
National-US
Primary Model
Transfer

About This Property

Phenomenal Lake Michigamme Frontage! 1.85a. lot with 152' of East facing frontage.  Beautiful sunrises every morning:)   Poured concrete pier and garage (Sal's Boathouse) right on the shoreline. County maintained year round access with electricity, city sewer, and drilled well. Garage (Sal's Boathouse) needs a new roof but is 100% salvageable!  This building is worth it's weight in gold and is grandfathered construction.  It  has its own separate, metered electrical source with and breaker panel. EPA, DNR, current building and zoning codes would never allow another to be built this close to the water. Home was built in 1975 and is a 32' x 48' raised ranch.  It will require TLC but is a large solid building for someone with the right vision.  100a. electrical panel with breakers.  Propane hot water boiler and electric heat as backup.  Home will not lend itself to RD, FHA or VA type financing that requires inspections due to deferred maintenance. There is also a second, large collapsed garage on site that should be avoided.  Seller accepts no liability for any injury while touring property. Seller reserves the right to remove some personal items but property comes with most all of the current contents.  This property is being sold "AS-IS"! Renovate or detonate... choice is yours.  They aren't making anymore Lake Michigamme waterfrontage. Grab it while you can!!!

The manager has listed the unit size as 1536 square feet.
Unit Size
1,536Ft²
Days on Market
-
Land Size
1.85 acres
Price per sqft
$146
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1975

Price History

Date / Event Date Event Price
Jul 13, 2023 No longer available -
No longer available
Jun 7, 2023 In contract -
In contract
May 23, 2023 Price Decreased $225,000
↓ $15K (6.3%)
Price Decreased
May 1, 2023 Listed $240,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,536
  • Garage Type: Garage
  • Garage Square Area: 1,088
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 80,031
  • Lot Size Frontage Feet: 1,520
  • Total Building Area: 1,536
  • Building Area: 1,536
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,536
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.837
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: SEC 30 T48N R30W THE S 245' OF N 375' OF THAT PART OF GOV'T LOT #2 LYING W OF CO RD IP & E OF BARNUM ST PLAT OF MICHIGAMME; ALSO A PART COM 1258.1' S & 1840.6' E OF NW COR OF SEC 30; TH N24DEG57' E 19' TO POB TH N24DEG57' E 152 TH S53DEG14'E TO LAKE

Neighborhood

  • School District Name: Republic-Michigamme Schools
  • School Tax School District: REP-MICHIGAMME
  • Census Tract: 002300

Zoning

  • Zoning: LSR

Geography

  • Parcel: 52-09-330-004-00
  • Meridian: SEC 30 TWN 48N RNG 30W
  • Municipality: MICHIGAMME TWP
  • Latitude: 46.5319
  • Longitude: -88.1093

    Address

  • Full Address: 423 S Brook St
  • Address - House Number: 423
  • Street Direction: S
  • Address - Street Name: Brook
  • Address - Suffix Type: St
  • State: MI
  • City Name: Michigamme
  • Carrier Code: H001
  • 4-Digit Zip Code: 8000
  • Zip Code: 49861

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,200
  • Tax Rate Code Area: MICHIGAMME

    Appraisal Valuation

  • Standard Deviation: 0.1035
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 89
  • Final Value: 226,427
  • High Value: 249,867
  • Low Value: 202,987

    Market Valuation

  • Market Total Value: $252,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $126,000



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Michigamme


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Frequently Asked Questions

When was property at 423 South Brook Street built and last sold?
The property at 423 South Brook Street was built in 1975 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 423 South Brook Street is $249,083.
What are some comparable homes to 423 South Brook Street?
There are currently no comparable homes to 423 South Brook Street.

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