NOT LISTED FOR SALE

150 Ericksons Dr Unit Lot 4 and 5 Iron River, MI 49935

Estimated Value: $293,541 - $352,000

4 Beds
2 Baths
1,800 Sq Ft
$186/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $162,000 $90 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $1,945/month

148 Days on Market

Highlights

  • Lake Front
  • Deck
  • Main Floor Bedroom
  • Chalet
  • Pole Barn
  • 2 Car Detached Garage

About This Home

As of July 2020

This up to 4 bedroom, 2 bath home (One has a jacuzzi tub) is situated on a quiet dead end road with just under 2 acres and 350 feet of frontage on Lake 16. Beautiful tongue and groove vaulted ceilings in the main living and dining areas, with a spectacular stone fireplace. Hoaglund custom-crafted wood work abounds from the kitchen cabinets to the staircase and railing leading to the loft. Full walk out basement with separate living, bedroom and kitchenette makes for great guest accommodations, or extended family space. Home comes with some furnishings. Lake front has its own boat launch, as well a large deck for entertaining. Plenty of storage space for all those toys in your large 24x30 pole building with power and concrete floor and additional 10x30 enclosed lean-to. Owner acquired the vacant lot next door and did several upgrades to the home including all new carpet in the bedroom and family area in the basement. New larger entry porch, all new paint and other cosmetic renovations. This home is priced to move!!! Lake 16 is a private lake about 50 acres. Some say it's 12' deep and others say up to 25' deep with fishing for Large mouth bass and panfish. There is very little public information posted on this lake.

Last Agent to Sell the Property

Punner Franzene

U.P. RIVERLAND REALTY License #UPAR Listed on: 11/26/2019

Last Buyer's Agent

Sharon Polich

RE/MAX NORTH COUNTRY-IR License #UPAR

RE/MAX NORTH COUNTRY-IR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,035

Year Built

  • Built in 2003

Lot Details

  • 1.85 Acre Lot
  • Lot Dimensions are 350 x 217 x 395 x 220
  • Lake Front

Parking

  • 2 Car Detached Garage

Home Design

  • Chalet
  • Stone Siding

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Gas Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Pole Barn
  • Shed
  • Porch

Utilities

  • Hot Water Heating System
  • Heating System Uses Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 001-016-015-20

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,035

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Chalet
  • Structure Style: 1 1/2 Story
  • Year Built: 2003
  • Mail City: Iron River
  • Unit Number Building Number: Lot 4 and 5
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range/Oven
  • Fireplace: Yes
  • Fireplaces: Gas Fireplace
  • Basement: Yes
  • Basement: Full, Walk Out
  • Bedrooms: 4
  • Bedroom 1: On 1st Floor, Dimensions: 11 x 12
  • Bedroom 2: On 1st Floor, Dimensions: 7 x 9
  • Bedroom 3: In Basement, Dimensions: 11 x 12
  • Bedroom 4: On 2nd Floor, Dimensions: 20 x 24
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: On Level: First
  • Bathroom 2: On Level: Basement
  • Room Types: First Floor Bedroom, First Flr Full Bathroom
  • Breakfast Nook: On 1st Floor, Dimensions: 8 x 15
  • Family Room: In Basement, Dimensions: 25 x 11
  • Kitchen: On 1st Floor, Dimensions: 7 x 12
  • Living Room: On 1st Floor, Dimensions: 13 x 15
  • Below Grade Sq Ft: 864
  • Finished Below Grade Sq Ft: 556
  • Above Grade Finished Sq Ft: 1244
  • Total Finished Sq Ft: 1800

Exterior Features

  • Exterior: Log, Stone
  • Exterior Features: Deck, Porch
  • Foundation: Basement
  • Frontage: 350
  • Lake Name: Lake 16
  • Road: Private Road
  • Water Features: Lake Frontage, Interior Lake
  • Waterfront: Yes
  • Out Buildings: Pole Barn, Shed
  • Frontage Type: Water

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Hot Water
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Private Well
  • Cooling: Ceiling Fan(s)

Lot Info

  • Assessor Parcel Number: 001-016-015-20
  • Lot Dimensions: 350 x 217 x 395 x 220
  • Acreage: 1.85
  • Geo Subdivision: MI

MLS Schools

  • School District: West Iron County School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2019
Closed on
Jun 26, 2020
Sold by
Rusty Keller
Bought by
Ramirez Robert A and Ramirez Cindy L
Seller's Agent
Punner Franzene
U.P. RIVERLAND REALTY
Buyer's Agent
Sharon Polich
RE/MAX NORTH COUNTRY-IR
List Price
$164,900
Sold Price
$162,000
Premium/Discount to List
-$2,900
-1.76%
Total Days on Market
148
Current Estimated Value
$334,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,385
Avg. Annual Appreciation
15.77%
Source: Public Records

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Range of Values:

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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
Ramirez Robert A $162,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Takalo Ronald J $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2020 07/02/20 Sold $162,000 -1.8% $90 / Sq Ft
04/22/2020 04/22/20 Pending -- -- --
11/26/2019 11/26/19 For Sale $164,900 -- $92 / 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
2024 $2,035 $129,317 $129,317 $0
2023 $1,879 $117,456 $117,456 $0
2022 $1,675 $110,165 $110,165 $0
2021 $3,069 $101,401 $101,401 $0
2020 $1,554 $96,720 $96,720 $0
2019 -- $95,440 $95,440 $0
2018 -- $87,766 $0 $0
2016 $75,597 $84,838 $0 $0
2015 $75,597 $84,838 $0 $0
2014 $75,597 $84,838 $0 $0
2013 $75,597 $84,838 $0 $0
2012 -- $84,390 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Punner Franzene

    Seller's Agent in 2020

    Punner Franzene

    U.P. RIVERLAND REALTY

    (906) 367-0960

    111 Total Sales

    Punner Franzene
    Section Image
  • Sharon Polich

    Buyer's Agent in 2020

    Sharon Polich

    RE/MAX NORTH COUNTRY-IR

    (906) 367-7093

    89 Total Sales

    Sharon Polich
    Section Image
See All Agents

Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10038738

Upper Peninsula Association of REALTORS®

APN: 001-016-015-20

Michigan Iron County Iron River 49935

150 Ericksons Dr Unit Lot 4 and 5, Iron River, MI

This home is located at 150 Ericksons Dr Unit Lot 4 and 5, Iron River, MI 49935 since 26 November 2019 and is currently estimated at $334,385, approximately $185 per square foot. This property was built in 2003. 150 Ericksons Dr Unit Lot 4 and 5 is a home located in Iron County with nearby schools including Stambaugh Elementary School, West Iron County Middle School, and West Iron County High School.

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