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327 W Lake St, Michigamme, MI, 49861

$131,000

Home List Price

$1,556*

Closing Credit

3 Bedrooms
1 Full Bath
1,098 SqFt
$119/SqFt
House

Location

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327 W Lake St, Michigamme$131,000

Buyer Closing Credits

$1,556*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking3 or More Spaces
Attached Garage3 spaces
Year Built1972
HeatingPropane, Wood, Forced Air, Zoned
CoolingCeiling Fan(s), None
BasementYes
WaterfrontNone
ViewNone
MLS #50155521
Lot Size0.51 Acres
StatusActive

About 327 W Lake St

What a super find in the quaint little town of Michigamme. This 3- bedroom 1- bath, bi-level home is situated on a double lot that is among the nicest in town. Year round access from Lake Street as well as the ally in the the rear. Huge, healthy apple trees and a beautiful expansive lawn. Oversized garage for tinkering and all of your toys. This home was constructed in 1970"s. 200 amp electrical service, drilled well and municipal sewer. This home is within 1/4 mile of the Majestic Lake Michigamme and all of the recreational options it has to offer... fishing, boating, waterskiing, kayaking, etc. For all of the Snowmobiler's & ORV folks, Trail 8 is just up the road to the West. Mountain Bikers will be happy to now that the Iron Ore Heritage Trail is approximately 1/4 mile to the West as well! This property has been lovingly cared for and is ready to welcome its next family. Push lawn mower and snowblower included for the right offer. Taxes will change with purchase and are not $0. This information has been secured from sources we believe to be reliable, but we make no representation or warranties, expressed or implied, as to the accuracy of the information. References to square footage, lot size and dimensions are approximate. Buyer must verify the information and bears all risk for inaccuracies. All offers due by 9/24 @12 noon.

Property Details

Property Features

Property Information:

  • Year Built: 1972
  • Stories: 2
  • Living Area: 1,098 SqFt

Listing Office:

  • Office Name: COLDWELL BANKER SCHMIDT REALTORS
  • Office Phone: (906) 225-5992
  • Listing Agent: DANIEL MENARD

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Oven, Refrigerator, Washer, Water Softener
  • Basement: Yes
  • Interior: None (InteriorFeatures)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: None
  • Exterior: Porch

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: 3 or More Spaces

Lot Features

Lot Information:

  • Lot: Trees
  • Lot Size: 0.51 Acres

Utilities

Utilities Information:

  • Heating: Propane, Wood, Forced Air, Zoned
  • Cooling: Ceiling Fan(s), None

School Info

School District Information:

  • School District: Republic Michigamme Schools

Other

Directions Information:

  • Directions: US HWY 41 to Michigamme. Max St. to West on Railroad St, South on Mesnard, East on W. Lake St. 2nd home in on your Left

Price Information

Listing Price Info

Price Summary:

  • List Price: $131,000
  • Price Per SqFt: $119/SqFt

Tax Information:

  • Annual Amount: $685
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Michigamme, MI.

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Michigamme, MI

City

Med. List Price

$317.5K

Med. Price/SqFt

$258

Avg. Days On Market

61

327 W Lake St vs Michigamme

62 DAYS ON ROCKET

+1 Day

$131,000

-$186.5K Less

$119/SqFt

-$140 Less

KEY TAKEAWAY

This property is $186.5K less than the Median List Price and $140/SqFt less than other homes in Michigamme, MI.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Name: Upper Peninsula Assoc of Realtors
  • MLS Number: #50155521

Listing Office:

  • Office Name: COLDWELL BANKER SCHMIDT REALTORS
  • Office Phone: (906) 225-5992
  • Listing Agent: DANIEL MENARD

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/18/2024, 6:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021 - $42,100
2020 - $40,300
2019$685$38,300
2018$614$37,400
2017$661$37,200

History based on county public records data.

Payment Calculator

$721

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$459

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-751025
5
/10

  • Birchview School

  • 663 Poplar St

  • 21.50 miles

  • Public District Grades PK-4

school-card-donut-751026
6
/10

  • Lakeview School

  • 200 Croix St

  • 23.97 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,017. Residents of Michigamme, MI typically earn between $35k-100k each year. Residents typically live in married, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 327 W Lake St

What is the listing price of this property?

The listing price of 327 W Lake St property is $131,000.

What type of property is this?

The property 327 W Lake St is a house located in Michigamme, Michigan, 49861.

Is this property for sale now?

Active Listing: 327 W Lake St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $685 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 327 W Lake St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 327 W Lake St is 1,098 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 327 W Lake St is 1972.

Rocket Homes›Michigan›Marquette County›Michigamme›49861›327 W Lake St

This home is located at 327 W Lake St in Michigamme, MI and zip code 49861. This 1,098 square foot home, which was built in 1972, sits on a 0.51 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 17, 2024 and is currently priced at $131,000.

The inventory of homes for sale in Michigamme, MI between September 2024 and October 2024 increased by 25%. The median list price of listings available in October 2024 was $317,500, while the average time on the real estate market was 61 days.

From Rocket Homes Real Estate and based on county public records data.

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