ADDITIONAL INFORMATION – Middle Island Point 8

Legal Description

Campsite #8, Middle Island Point, Marquette Township., Marquette, MI

Middle Island Camper’s Association

Location: 2 miles by road to NMU; 3 to Marquette General Hospital, 1.5 the City Limit of Marquette, MI; 4 to the downtown. The SE corner of the property touches the City Limit of Marquette.

Total acreage: 562-acre re Marquette County Equalization

Legal structure: A non-profit stock corporation owned by its members.

Middle Island Point #8, This Home

Built 1930. Current owner purchased in 1965. Substantial improvements were completed in 1974

3290 square feet; 1645 SF living area above grade, 1645 SF in full basement with finished family room, 3 bedrooms, laundry, bath and work- room.

4 bedrooms

2 three-piece bathrooms (with double sinks in the basement bathroom)

2 fireplaces, one gas, one wood insert

Three patio/decks

Four-season sun porch

Asphalt driveway

2-car garage with heater and full attic storage space

Forced air heating (propane)

Central air conditioning

Sauna, separate and unique, and hot tub

150’ linear feet of north facing seawall

Electric boat winch

Low taxes

GPS coordinates: 46.589897,-87.426910

Room Dimensions (rounded):

Main floor

Living Room 23x27

Dining Area 12x16

Den 14x19

Sun Room 10x11

Kitchen 8x18

Master BR 12x15

Master Bath 10x13

Entry 6x13

Lower floor

Family Room 18x26 with fireplace & exterior door

BR 12x13

BR 9x13

BR 11x15

Bath 7x12

Shop 12x16

Furnace 10x12

Garage 25x32

School District: Marquette

MIP Dues & Assessments

$300/year

No current assessments

Taxes

Tax ID: 52-08-003-001-08 Wallace Pearson Trust

2012 “Summer” taxes $741.09; “Winter” taxes $965.37 = $1,706.46 total.

Note taxes will change on sale.

Well

Depth 40 feet deep, drilled in 1989 by Kleiman Well Drilling, producing 25 gal/m of fresh water. It is shared with MIP 9. This is an excellent well.

List Price</B>: $675,000

Appraisals:

August 8, 2008, it was appraised at $1,250,000.

June 16, 2011 it was appraised at the list price by the same appraiser, reflecting the substantial changes in the real estate market since his previous appraisal. It is listed at this appraised price.

Appraiser comments:

Home is of good quality throughout and is in generally good condition. There are no substantial items of deferred maintenance or repairs needed.

The scarcity of sales in the neighborhood is not the result of low demand, but rather lack of supply.

The immediate neighborhood is comprised of a very exclusive private community where the residents own a share of the whole, which includes approximately 561.7 acres (as estimated by Marquette County GIS), and then lease their home sites from the Association.

Homes in this neighborhood virtually never reach the open market, but are sold by word of mouth.

Note: Both appraisals are on file in the listing office and are available for inspection by serious potential purchasers.

Attached to the website in are several PDF files you can download:

A floor plan of the first floor

An aerials of Middle Island Point and one of Partridge Island from Marquette Equalization GIS, and an aerial from Google Earth.

Also attached are two documents, MEMORIES, which you should read), and ADDITIONAL INFORMATION with room dimensions, taxes, and more.

VIEWING IS BY APPOINTMENT ONLY

Dick Huey, Huey Real Estate 906-228-8889 or 1-800-733-4839

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The information presented in this web site is and by nature will likely always be a work in progress subject to errors, omissions and revision. It is intended as a primer for those interested in buying U.P. real estate and contains personal observations and opinions with which others may disagree. It was obtained from sources deemed reliable, but is not warranted by Dick Huey or Huey Real Estate.