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Off market
  • $99,900

    7508 Oak Dr, Republic, MI 49879

    1beds
    576sqft
    SingleFamily
    Built in 1928
    0.57 Acres Lot
    $99,900 Zestimate®
    $173/sqft
    $1,125 Estimated rent

    Home value

    $99,900

    $83,000 - $118,000

    $1,125/mo

    Zestimate® history
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    $511/mo

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    What's special

    Located on a beautiful stretch of the Michigamme is this true fixer upper you've been looking for and with a price close to $25,000 under the most recent appraisal you begin improvements with considerable equity. Most repairs are cosmetic with crooked floors likely being the most extensive project. The yard is spacious and pretty with the River being easily accessible. The water here is great for fishing and there is also a nice swimming hole right outside the home. The Michigamme is a good sized river and is also famous for excellent kayaking, canoeing and wildlife viewing. The entire region is exceptional for recreation with abundant lakes and rivers, large tracts of CFA and State Land to use and enjoy with endless trails inviting ATV's, hikers, mountain bike riders, snowmobilers and outdoor enthusiasts to be surrounded by nature. The home has a large open loft/attic with plenty of head room which could be finished into a bedroom, office or studio. A sun porch with Southern exposure stretches across the entire side of the home. The roof was replaced about 10 years ago so leaks are not a concern. The electric has been updated. There are some interesting log walls in the home which a creative decorator could highlight if a rustic theme is a consideration when updating. There is a City Sewer System here so you'll never have to worry about a septic. A big bonus is the huge "shed" which is a solid building with some rustic details that lend it to many uses such as an extra bunkhouse, a cool mancave, a nice area to gather with plenty of room for games, a pool table, furniture, an artists studio or of course storage. In any case this building lends itself to be a fun place to hang out with friends and family. This would be a very nice lot to build your own brand new dream home, and if you want to update the home some ideas could be your own getaway on the river, an excellent economical B&B to produce income, or if you've been looking for a hard to find home to flip this could be the one. Some appliances are included with a retro combination wood burning and electric stove which are expensive if you can find one. This home and the region surrounding it can provide years of fun for you and your family, with the population being very rural getting away from it all will not be a problem. Come and check it out today. Appraisal is from 2013.

    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: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Features
    • Flooring: Hardwood
    • Basement: Other
    Interior area
    • Total interior livable area: 576 sqft

    Property

    Features
    • Exterior features: Vinyl
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 0.57 Acres
    Details
    • Parcel number: 521203006700

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 1928

    Utilities & green energy

    • Electric: Yes
    • Sewer: City

    Community & HOA

    Location
    • Region: Republic

    Financial & listing details

    • Price per square foot: $173/sqft
    • Tax assessed value: $58,477
    • Annual tax amount: $1,135

    Price history

    DateEventPrice
    7/22/2022Pending sale$59,000$102/sqft
    Source: Upper Peninsula AOR #50083202 Report a problem
    7/19/2022Listed for sale$59,000+18.2%$102/sqft
    Source: Upper Peninsula AOR #50083202 Report a problem
    12/10/2020Listing removed$49,900$87/sqft
    Source: NORTHERN MICHIGAN LAND BROKERS #1124157 Report a problem
    11/18/2020Pending sale$49,900$87/sqft
    Source: NORTHERN MICHIGAN LAND BROKERS #1124157 Report a problem
    10/29/2020Listed for sale$49,900$87/sqft
    Source: NORTHERN MICHIGAN LAND BROKERS #1124157 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- --
    2023$363 -68%--
    2022$1,135 +16.7%$27,200 +6.7%
    2021$972 +3.6%$25,500 +12.8%
    2019$939 $22,600 +8.4%
    2018-- $20,850 +0.5%
    2017$1,464 $20,750 -19.6%
    2016-- $25,800
    2015-- $25,800 -5%
    2014-- $27,150 +4.2%
    2012-- $26,050 +12%
    2011-- $23,250
    2010-- $23,250
    Find assessor info on the county website

    Neighborhood: 49879

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Republic-Michigamme

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

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