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For Sale

$130,000

N5301 Rumely Rd.
Rumely, MI 49826

Bed 4 br
Bathroom 1 ba
Sqft 1,296 sqft
Offers considered through Wednesday May 11, 2022 3 pm. Nicely set surrounded by a Maple Grove in the farming community of Rumely you will find this simple, yet solid Finnish Farm Home in need of some TLC with 35 acres of land. With some cleaning there is no known reason you couldn't move right in. There is a newer nice 2 car garage with a garage door opener. This home is an Estate, with the executor never having lived in the home. The Estate will not be doing any repairs, cleaning, testing or septic pumping. The home is sold "As Is". The Estate is still in the process of removing some items from the home and garage. All offers will be considered, but offers with rebates or financing other than conventional or cash would be difficult for the buyer since the home is unlikely to qualify for a VA Loan or any type of financing in which a lender could ask for repairs. The main floor has hardwood floors which appear to be in good condition. A Refrigerator, Range, Washer and Dryer are included. Their condition is unknown. The kitchen is small and possibly a two chair table could fit, but it would be tight. It is likely previous families had an eating table in the living room. You can see in the basement that some electric upgrades have taken place along with a lot of newer plumbing. There is evidence of water, but no evidence of flooding. The third bedroom at the top of the stairs on the second level might best be suited for an office, play area or reading room since you have to walk through it to get to the other bedroom. The well visually appears to be a modern well system and it appears the water tank is newer. There is no septic information and it will be up to the buyer to gather information they want about it. Buyers will also have to do their own research concerning internet and cable services. The current heating system is electric baseboard, but there once was a forced air furnace in the basement and venting is still apparent. Continued description in addendum... Read More

Market Status
Sale Pending
Last Updated
August 11, 2022

Property Type
Single Family Home
Year Built
1940
Bedrooms
4 BR
Baths
1 full BA
Stories
2
Refrigerator
-
Washer
-
Dryer
-
Oven
-
Basement
-
Heating System
Baseboard; Zoned
Stories
2.0
Heating Fuel
Electric
Exterior Construction
Asphalt
Garage
Detached
Parking
Open
Property Type
Residential; Single Family Detached
Additional Areas
Bedroom; Bedroom; Bedroom; Bedroom; Full Bath

Local Market Conditions

There are currently 91 properties for sale in the Alger County, MI area with the average listing price of $428,599. This represents a decrease of -1.0% over the previous week. The 3 bedroom homes saw the largest decrease in the average listing price over the previous week with a -2.1% decrease. To learn more about the Alger County, MI area, contact a local expert!

Market Snapshot for Alger County, MI

Avg. Listing Price

$428,599

Wk ending Aug 13

$-4,294

-1.0%

w-o-w

91

1

Average Listing Price for Alger County, MI
No. BedroomsNo. Beds Week Ending
(Aug 13)
w-o-w Week Ending
(Aug 6)
Week Ending
(Jul 30)
Week Ending
(Jul 23)
All PropertiesAll $428,599 -1.0% $432,893 $453,145 $467,867
1 bedroom1 BR $380,280 -0.3% $381,280 $381,280 $284,633
2 bedrooms2 BR $242,572 +0.0% $242,572 $228,172 $231,887
3 bedrooms3 BR $412,295 -2.1% $421,232 $424,295 $449,054
4 bedrooms4 BR $586,142 +0.0% $586,142 $650,338 $663,905

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Listing Provided By:

BRIAN OLSON

NORTHERN MICHIGAN LAND BROKERS

Phone
This $130,000 Single Family Home at N5301 Rumely Rd. in Rumely, MI is presented by BRIAN OLSON. This $130,000 Single Family Home, located in the 49826 zip code, has the following property features: Exterior Construction, Additional Areas, Heating System, Stories. This N5301 Rumely Rd. Single Family Home is listed under MLS listing number 50072815, has 4 beds, 1 baths, and has a listing price of $130,000. You can find more Rumely homes for sale here.

Copyright © 2022 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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