Sold
Last Sold Price
50,529 Lot Size1.16 Acres
540 Red Road, Michigamme, MI 49861
LandProperty Type
1.16 acresLot Size

Description

112’ of Lake Michigamme frontage on a nicely wooded 1.16 acre parcel. Property also offers a large 26x36 pole building just off the road that could be used as garage space, boat storage or a huge workshop area. This is a great spot to build your dream home or weekend getaway. Also see MLS#'s 1116764 and 1116765.112’ of Lake Michigamme frontage on a nicely wooded 1.16 acre parcel. Property also offers a large 26x36 pole building just off the road that could be used as garage space, boat storage or a huge workshop area. This is a great spot to build your dream home or weekend getaway. Also see MLS#'s 1116764 and 1116765.
  • Listed by: FRAN SEVEGNEY 906.869.7465 fran7e@gmail.com • RE/MAX 1ST REALTY
Listing closed: 08/28/2020 12:00 AM • Source: MiRealSource, MLS#: 10063251

Recent comparable sales

Median sold price

$35,750

Avg days on market

119

Sale-to-list ratio

86.1%

Michigamme, MI

9 comparable properties found

$64,000 | Tbd 15-acres Tbd 15-acres Green Road, Michigamme, MI 49861
1/26
1

$64,000

Sold 09/11/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
15
Acres
$61,000 | Tbd Timberland Trail, Michigamme, MI 49861
1/12
2

$61,000

Sold 12/22/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
40
Acres
$35,000 | Tbd South Brook Street, Michigamme, MI 49861
1/6
3

$35,000

Sold 07/17/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.26
Acres
$10,000 | 106 West Railroad Street, Michigamme, MI 49861
1/6
4

$10,000

Sold 09/10/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.36
Acres
$22,500 | Tbd West Street, Michigamme, MI 49861
1/14
5

$22,500

Sold 02/13/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
19.83
Acres
$9,000 | Tbd West Main Street, Michigamme, MI 49861
1/10
6

$9,000

Sold 07/17/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.21
Acres
$6,500 | 337 3rd Street, Michigamme, MI 49861
1/8
7

$6,500

Sold 01/30/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.26
Acres
$180,500 | 16928 Gold Road, Michigamme, MI 49861
1/17
8

$180,500

Sold 10/08/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.55
Acres
$36,500 | 25483 Nelson Street, Unit LAT 46 535909 LON 88 133, Michigamme, MI 49861
1/50
9

$36,500

Sold 10/17/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1
Acres

Location

Listing Courtesy of RE/MAX 1ST REALTY

Sold By SELECT REALTY

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Payment Calculator

$799 per month

30 year fixed, 6.55% Interest

Principal and Interest

$508

Property Taxes

$291

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 540 Red Road

Property Details
  • MLS Type: Land
  • Waterfront Features: Lake Front, Lake
  • Has Waterfront: Yes
  • Zoning: LSR
Building Information
  • Lot Size: 1.16 AC
Summary
Location and General Information
  • Directions: US41 W, past Lake Michigamme, South on Main St to Mesnard, West to Cardinal/Red Rd, South to drive on Left.
  • Latitude: 46.525363
  • Longitude: -88.06771
  • MLS Area Major: Michigamme Twp (52018)
  • Water Body Name: Lake Michigamme
Taxes and HOA
  • Parcel Number: 52-09-600-008-00
  • Tax Year: 2020
Virtual Tour
Property
Lot Information
  • Frontage Length: 112.0
  • Lot Size Acres: 1.16
  • Road Responsibility: Public Maintained Road
Property and Assessments
  • Property Type: Land
Building Features
  • Other Structures: Barn(s)
Utilities
  • Utilities: Electricity Available, Sewer Not Available

Property History for 540 Red Road

DateEvent & SourcePriceAppreciation
Aug 28, 2020

Sold

MiRealSource #10063251

$99,900
Jul 16, 2020

Contract Signed

MiRealSource #10063251

Aug 1, 2019

Listed (Active)

MiRealSource #10063251

$109,900
DateEvent & SourcePrice
08/28/2020

Sold

MiRealSource #10063251

$99,900
07/16/2020

Contract Signed

MiRealSource #10063251

08/01/2019

Listed (Active)

MiRealSource #10063251

$109,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 540 Red Road

Taxable ValueLand-Additions-Total-
Tax Record2025$3,487 ($291 / month)
Home Facts
Beds2Baths1Total Finished SqFt1,238 SqFtAbove Grade Finished SqFt1,238 SqFtUnfinished Basement SqFt1,238 SqFtStories1Lot Size36,571 SqFtStyleSingle Family ResidenceYear Built1978Year Renovated1978ZoningLSRCountyMARQUETTEAPN52-09-600-007-00

Schools near 540 Red Road

This home is within Republic-Michigamme Schools.
Rating
School
Type
Grades
Distance
Public - PK to 12
Rating
School
Distance
Republic-Michigamme School
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 540 Red Road, Michigamme, MI 49861
$99,900
50,529
4
1
1,512
49,915
3
1
1,344
51,557
2
2
1,130
56,165
4
2.5
2,994
114,122
2
1,288
15,699

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of RE/MAX 1ST REALTY

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.