NOT LISTED FOR SALE

108 Olson Loop Rd Iron River, MI 49935

Estimated Value: $137,842 - $205,000

2 Beds
1 Bath
995 Sq Ft
$167/Sq Ft Est. Value

Last Sold March 06, 2015

Last sale price $37,000 $37 Per Sq Ft

Est. 350% increase in value since last sale

Current estimated payment $931/month

184 Days on Market

Highlights

  • 33 Acre Lot
  • 1 Car Detached Garage
  • Space Heater
  • Main Floor Bedroom
  • Bathroom on Main Level

About This Home

As of March 2015

Rustic old fixer upper (or tear it downer) homestead set on a nicely wooded 33 acres. Good trail system and mature trees. Mixed woods with Maple, Basswood, Poplar and some pines. Home is in need of repairs... especially the roof. Solid basement with potential for a getaway in the U.P. if you are handy.

Last Agent to Sell the Property

Danelle Dove

RE/MAX NORTH COUNTRY License #UPAR Listed on: 07/31/2014

RE/MAX NORTH COUNTRY

Last Buyer's Agent

Michael Leonard

U.P. RIVERLAND REALTY License #UPAR

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • 33 Acre Lot
  • Lot Dimensions are 1320x1120

Parking

  • 1 Car Detached Garage

Home Design

  • Masonite

Interior Spaces

  • 995 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Utilities

  • Space Heater
  • Heating System Uses Wood
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 3600416601800

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 1 1/2 Story
  • Total Tax Year: 2014
  • Year Built: 1945
  • Mail City: Iron River
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Microwave, Range/Oven
  • Basement: Yes
  • Basement: Full
  • Bedrooms: 2
  • Bedroom 1: On 1st Floor, Dimensions: 9 x 13
  • Bedroom 2: On 2nd Floor, Dimensions: 10 x 12
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: First
  • Room Types: First Floor Bedroom, First Flr Full Bathroom
  • Breakfast Nook: On 1st Floor
  • Kitchen: On 1st Floor, Dimensions: 12 x 15
  • Living Room: On 1st Floor, Dimensions: 12 x 20
  • Below Grade Sq Ft: 875
  • Above Grade Finished Sq Ft: 995
  • Total Finished Sq Ft: 995

Exterior Features

  • Exterior: Masonite
  • Foundation: Basement

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 1
  • Garage: Yes

Utilities

  • Heating: Space Heater
  • Heating Fuel: Wood
  • Sewer: Septic
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 3600416601800
  • Lot Dimensions: 1320x1120
  • Acreage: 33
  • Geo Subdivision: MI

Tax Info

  • Total Tax: Year: 2014

MLS Schools

  • School District: West Iron County School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2014
Closed on
Mar 6, 2015
Sold by
Wesley Wesley
Bought by
Wegner Chad E
Seller's Agent
Danelle Dove
RE/MAX NORTH COUNTRY
Buyer's Agent
Michael Leonard
U.P. RIVERLAND REALTY
List Price
$48,500
Sold Price
$37,000
Premium/Discount to List
-$11,500
-23.71%
Current Estimated Value
$166,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,461
Avg. Annual Appreciation
15.00%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wegner Chad E -- Peninsula Title & Abstract
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2015 03/06/15 Sold $37,000 -23.7% $37 / Sq Ft
01/31/2015 01/31/15 Pending -- -- --
07/31/2014 07/31/14 For Sale $48,500 -- $49 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $687 $50,520 $50,520 $0
2024 $667 $52,610 $52,610 $0
2023 $677 $45,400 $45,400 $0
2022 $645 $41,200 $41,200 $0
2021 $1,075 $40,400 $40,400 $0
2020 $619 $38,500 $38,500 $0
2019 -- $39,700 $39,700 $0
2018 -- $39,900 $0 $0
2016 -- $39,200 $0 $0
2015 $17,731 $38,800 $0 $0
2014 $17,731 $37,700 $0 $0
2013 $17,731 $39,700 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Danelle Dove

    Seller's Agent in 2015

    Danelle Dove

    RE/MAX NORTH COUNTRY

    (906) 367-6331

    331 Total Sales

    Danelle Dove
    Section Image

  • M

    Buyer's Agent in 2015

    Michael Leonard

    U.P. RIVERLAND REALTY

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10015062

Upper Peninsula Association of REALTORS®

APN: 004-166-018-00

Michigan Iron County Iron River 49935

108 Olson Loop Rd, Iron River, MI

Not Listed for Sale

Detached

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