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9955 U.65
Rapid River, MI 49878
$380,000
Conventional
Property
Bedroom
3
Bathroom
2
Property Type
Conventional
Square ft
1500
Property Description
Gorgeous, well kept home on 200' of frontage on the mouth of the Whitefish River with easy access to Little Bay De Noc. This Home features 3 good sized bedrooms with good closet space plus a spacious bonus room that is currently being used as a gym and it also accesses the electric sauna. The open concept is a plus and there is natural light and views of the river from almost every room. The kitchen has oak cabinets, an island and stainless steel appliances. The 5 burner oven /range is a duo so it has electric oven and NG stovetop. There is a built in desk perfect as a work or homework station. The living room accesses the covered porch and features a freestanding natural gas fireplace and large windows. The home has solid 6 panel doors, ceramic flooring in the baths and oak hardwood flooring in living room, hall way and kitchen. The home has central air but you can open the French patio door and feel the breeze come in off the river too. All railings around porches are vinyl and Trex decking which just add to the fact that this home is very maintenance free. The fence is vinyl also. The heated garage is 24 x 32 & is insulated and finished. The no name creek runs on the side of the lot. There is a 10' x 12' shed for storage and the metal large garage near the river has an overhead door and is big enough to store a fishing boat and extras plus there is a dock out front. This home is also generator ready. There are so many great features to this home and it needs to be seen to be appreciated. All offers will be held and presented on May 9th, 2024. Seller reserves the right to accept an offer prior to that date.
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential
Year Built
2013
MLS Number
50140371
Location
Address
9955 U.65
City
Rapid River
State
MI
Zip Code
49878
County
DELTA
Listing
Provider
COLDWELL BANKER PRO, original listing
Name
COLDWELL BANKER PRO
Phone
(906) 786-5972
Office Name
COLDWELL BANKER SCHMIDT ESCANABA
Office Phone
(906) 786-5972
Agent Name
AMY DYER

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.