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Sold for $142,000
  • $142,000

    124 E Lake, Michigamme, MI 49861-0193

    2beds
    960sqft
    Single Family Residence
    Built in 1970
    0.29 Acres Lot
    $195,000 Zestimate®
    $148/sqft
    $1,266 Estimated rent

    Home value

    $195,000

    $181,000 - $211,000

    $1,266/mo

    Zestimate® history
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    What's special

    This absolutely adorable home is nestled in the sleepy little town of Michigamme. It was meticulously designed and has been maintained with an eye for detail. Current owner has simply moved out of state. 1/2 log exterior siding with a large covered front porch and a raised back deck. Open concept and vaulted ceilings offer a feeling of warmth and comfort. Numerous large (triple pane) windows, a sliding glass door, and a functional fireplace greet you upon entry. The main floor features: A large living/dining room with sliding glass door access to rear deck. An eat in kitchen with raised island, refrigerator, microwave and a Jenn Aire range (lifetime guarantee). Hand crafted rock finials on the kitchen cabinets as well as the curtain rods throughout. Main floor offers one (1) very large bedroom with walk in closet (that is plumbed for another 1/2 bath) plus built-in book shelves. This was once 2 bedrooms and could very easily be converted back. Full bathroom with tub/shower and a Toto toilet (Japanese Bidet). The basement was just demo'd back to stud walls due to a burst water heater this past winter (2022). ServePro just performed a proper mitigation process! Documentation available. The basement is plumbed for a 2nd full bath with a raised (for proper grade) toilet. Laundry room with washer and dryer. Large hand made wooden bar. The basement can be reconfigured to new owners preference. 29x24' garage with a 16x7'garage door. This is a heated garage with it own Ruud furnace. This furnace is also the source of heat for the large 28x23' bedroom/zen room upstairs! An amazing space. Built-in benches and large gable windows on each end. Access to this space is via the raised back deck. This could easily be converted into an Airbnb space. The spacious yard boasts large Irish Raspberries, Martha Washington Asparagus, New England Blueberries and various flowers. Home being sold "AS-IS" with all items remaining included. Welcome to your new home!

    Zillow last checked:

    Listing updated:

    Listed by:

    EXP REALTY LLC

    Bought with:

    RE/MAX 1ST REALTY

    Source: eXp Realty,MLS#: 50115508

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • LP/Propane Gas, Wood, Baseboard, Boiler, Hot Water
    Cooling
    • None
    Appliances
    • Included: Dryer, Microwave, Range/Oven, Refrigerator, Washer, Electric Water Heater
    Features
    • 9 ft + Ceilings, Cathedral/Vaulted Ceiling, Sump Pump, Walk-In Closet
    • Flooring: Ceramic Floors, Hardwood Floors
    • Windows: Window Treatment(s)
    • Basement: Block, Egress/Daylight Windows, Full, Outside Entrance, Walk Out, Interior Access, Sump Pump
    • Has fireplace: Yes
    • Fireplace features: LivRoom Fireplace
    Interior area
    • Total interior livable area: 960 sqft
    • Finished area below ground: 960

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached Garage, Electric in Garage, Heated Garage, Off Street, Workshop, 3 or More Spaces
    • Garage spaces: 2
    Features
    • Levels: One
    • Patio & porch: Deck, Porch
    • Waterfront features: None
    • Body of water: Lake Michigamme
    • Frontage length: 84
    Lot
    • Size: 0.29 Acres
    • Features: Rural, City Limits
    • Topography: Sloping
    • Residential vegetation: Wooded
    Details
    • Additional structures: Garage(s)
    • Parcel number: 520950008600
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch, Conventional Frame
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    Condition
    • Year built: 1970

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Other

    Community & HOA

    Community
    • Subdivision: MI, none
    HOA
    • Has HOA: No
    Location
    • Region: Michigamme

    Financial & listing details

    • Price per square foot: $148/sqft
    • Tax assessed value: $148,000
    • Annual tax amount: $1,048
    • Date on market: 12/23/2025
    • Cumulative days on market: 39 days
    • Listing terms: Cash,Conventional
    • Ownership: Private
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/11/2023Sold$142,000+5.2%$148/sqft
    Source: RE/MAX of Michigan Solds #50115508_49861 Report a problem
    7/21/2023Pending sale$135,000$141/sqft
    Source: Upper Peninsula AOR #50115508 Report a problem
    7/18/2023Contingent$135,000$141/sqft
    Source: Upper Peninsula AOR #50115508 Report a problem
    7/16/2023Listed for sale$135,000+138.9%$141/sqft
    Source: Upper Peninsula AOR #50115508 Report a problem
    5/27/1998Sold$56,500$59/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,006 +79.6%$74,000 +10.6%
    2024$1,117 +84.2%$66,900 +77.9%
    2023$607 -44.5%$37,600 +2.7%
    2022$1,092 +1.6%$36,600 -16.8%
    2021$1,076 -0.1%$44,000 +9.5%
    2019$1,076 $40,200 -1.3%
    2018-- $40,750 +0.6%
    2017-- $40,500 -4.3%
    2016-- $42,300
    2015-- $42,300 -1.3%
    2014-- $42,850 +0.2%
    2012-- $42,750 -3%
    2011-- $44,050
    2010-- $44,050
    Find assessor info on the county website

    Neighborhood: 49861

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Republic Michigamme Schools
    • Middle: same
    • High: same
    • District: Republic Michigamme Schools

    Source: eXp Realty. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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