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Off market
  • $769,200

    574 Red Rd, Michigamme, MI 49861

    2beds
    2baths
    1,326sqft
    SingleFamily
    Built in 1991
    1.75 Acres Lot
    $769,200 Zestimate®
    $580/sqft
    $1,574 Estimated rent

    Home value

    $769,200

    $715,000 - $823,000

    $1,574/mo

    Zestimate® history
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    Owner options

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    $1,574/mo

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    Rent Zestimate®

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    $4,708/mo

    Est. payment

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    $4,708/mo

    Est. payment

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    What's special

    ***Thank you to all of you who have shown such an interest in this amazing property. There are no showings left available. We accommodated as many people as the Sellers possibly could. Sellers request all offers to be accompanied by proof of funding or preapproval letter sent to listing agent by Sunday Aug 15th 5PM EST*** *Kindly remember that this is private property. Please do not show up without an appointment or you will be escorted from property.* Have you been dreaming of an island getaway? Here's your unique opportunity to OWN an island where you can get away and stay away... because after you visit, you may not want to leave! Enter the property by vehicle over a manmade road and enjoy a peaceful setting in a beautiful cabin nestled on 1.75 acres of land surrounded by the most beautiful lake in the area. You will feel like you've been transported to your own woodland hideaway. This quality constructed home was built in 1991 and has been meticulously kept by one owner. It boasts a new stamped metal roof. The wrap-around deck features various built-ins to enjoy different views of the lake. There is one bedroom and one full bath on each floor with an abundance of storage. The layout allows for more company as there is a living area on the second floor with a balcony overlooking the lake that could easily become a third sleeping quarters. There is electrical run to the pole barn and to every shed on the property. The barn began as a two story oversized garage with 720 sq ft of space to park and 600 sq ft of workshop above. More recently another 600 sq ft was added on with high ceilings and an oversized door at either end for easy pull through access. There is a permanent concrete dock and a large shed nearby for storing all of your water toys and lifejackets. There is another large shed on the opposite side of the property where you can keep all of your gardening/outdoor tools and gadgets. Near the house there is another area for a floating dock and a shed for water toys. Relax...and put up a hammock... or go boating, or fishing, or kayaking or go play in the workshop. There are so many possibilities with this amazing property! Whether you live here year round or only 6 months of the year, this is going to make a fantastic place for family and friends to gather...and you do not need a boat to get there!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Features
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 1,326 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Lot
    • Size: 1.75 Acres
    Details
    • Parcel number: 520932803000

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 1991

    Community & neighborhood

    Location
    • Region: Michigamme

    Price history

    DateEventPrice
    5/24/2024Pending sale$750,000$566/sqft
    Source: Upper Peninsula AOR #50142649 Report a problem
    5/23/2024Listed for sale$750,000+56.3%$566/sqft
    Source: Upper Peninsula AOR #50142649 Report a problem
    10/8/2021Sold$480,000+28%$362/sqft
    Source: RE/MAX of Michigan Solds #1129089_49861 Report a problem
    8/18/2021Pending sale$375,000$283/sqft
    Source: RE/MAX of Michigan #1129089 Report a problem
    8/18/2021Contingent$375,000$283/sqft
    Source: Upper Peninsula AOR #1129089 Report a problem
    8/10/2021Listed for sale$375,000$283/sqft
    Source: Upper Peninsula AOR #1129089 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,788 +1%$309,000 +27.3%
    2024$10,680 +214%$242,700 -5.8%
    2023$3,402 +78.6%$257,700 +25.6%
    2022$1,905 +1.6%$205,200 +35.9%
    2021$1,876 +19.6%$151,000 +9.9%
    2019$1,569 $137,400 +0.6%
    2018-- $136,600 +9.6%
    2017-- $124,650 -4.9%
    2016-- $131,100
    2015-- $131,100 -0.7%
    2014-- $132,050 +0.9%
    2012-- $130,850 -8%
    2011-- $142,300
    2010-- $142,300

    Find assessor info on the county website

    Neighborhood: 49861

    Nearby schools

    GreatSchools rating
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