NOT LISTED FOR SALE

1547 Gibbs City Rd Iron River, MI 49935

Estimated Value: $221,000 - $270,000

2 Beds
1 Bath
1,008 Sq Ft
$232/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $210,000 $208 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,558/month

6 Days on Market

Highlights

  • Waterfront
  • Wood Flooring
  • Log Cabin
  • 40 Acre Lot
  • Main Floor Bedroom
  • 2 Car Detached Garage

About This Home

As of July 2023

Year 'round log cabin on the doorstep of the Ottawa National Forest! From the covered porch to the fire ring & the Jotul propane woodstove to the warm glow of the log walls you're going to love this place. All the modern amenities plus 40 acres with McColeman Creek running through it to call your own. Hardwood and Pine floors in the dining room, living room, bedroom and loft as well as knotty pine and cedar wall covering follow you throughout. Main floor bedroom and bath as well as the loft bunk room offer space enough for the family. With about 1000 square feet of peace and quiet this place would make a dandy camp or year 'round living. The cabin skirting is insulated and ready for a U.P. winter. Just 1/4 mile from the Paint River for floating or fishing, adjacent to hundreds of acres of additional public lands and 15 minutes from Iron River. Two car detached garage has a gravel floor and power run out to it. All you have to do is make memories!

Last Agent to Sell the Property

Jeff Dohl

RE/MAX NORTH COUNTRY-IR License #UPAR Listed on: 07/10/2023

RE/MAX NORTH COUNTRY-IR

Last Buyer's Agent

Jeff Dohl

RE/MAX NORTH COUNTRY-IR License #UPAR Listed on: 07/10/2023

RE/MAX NORTH COUNTRY-IR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1985

Lot Details

  • 40 Acre Lot
  • Lot Dimensions are 1320x1320
  • Waterfront

Parking

  • 2 Car Detached Garage

Home Design

  • Log Cabin
  • Pillar, Post or Pier Foundation

Interior Spaces

  • 1,008 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Exterior Basement Entry
  • Oven or Range

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Access to stream, creek or river
  • Shed
  • Porch

Utilities

  • Heating System Uses Propane
  • Tankless Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 004-058-028-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,913

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type: Residential
  • Type Of Property: Single Family
  • Architecture Style: Log Home
  • Structure Style: 1 1/2 Story
  • Year Built: 1985
  • Mail City: Iron River
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Hardwood Floors
  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Outside Entrance
  • Bedrooms: 2
  • Bedroom 1: On 1st Floor, Dimensions: 10 x 11
  • Bedroom 2: On 2nd Floor, Dimensions: 14 x 16
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: First
  • Room Types: First Floor Bedroom, First Flr Full Bathroom
  • Dining Room: On 1st Floor, Dimensions: 10 x 15
  • Kitchen: On 1st Floor, Dimensions: 10 x 11
  • Living Room: On 1st Floor, Dimensions: 14 x 15
  • Above Grade Finished Sq Ft: 1008
  • Total Finished Sq Ft: 1008

Exterior Features

  • Exterior: Log
  • Exterior Features: Porch
  • Foundation: Piller/Post/Pier
  • Frontage: 1320
  • Lake Name: Mc Colman Creek
  • Road: City/County, Year Round
  • Water Features: Creek/Stream/Brook
  • Waterfront: Yes
  • Out Buildings: Shed
  • Frontage Type: Water

Garage/Parking

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

Utilities

  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Public Water
  • Water Heater: Tankless Hot Water
  • Cooling: Ceiling Fan(s)

Lot Info

  • Assessor Parcel Number: 004-058-028-00
  • Lot Dimensions: 1320x1320
  • Acreage: 40
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $1,599.79
  • Winter Tax: Year: 2021, Amount: $539.65
  • Total Tax: Amount: $2,139.44

MLS Schools

  • School District: West Iron County School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2023
Closed on
Jul 28, 2023
Sold by
Pugh Morris L
Bought by
Yeager Trucking Llc
Seller's Agent
Jeff Dohl
RE/MAX NORTH COUNTRY-IR
Buyer's Agent
Jeff Dohl
RE/MAX NORTH COUNTRY-IR
List Price
$179,500
Sold Price
$210,000
Premium/Discount to List
$30,500
16.99%
Total Days on Market
6
Current Estimated Value
$234,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,235
Avg. Annual Appreciation
5.40%

Purchase Details

Listed on
Feb 15, 2012
Closed on
Sep 5, 2012
Sold by
Salzl Jane
Bought by
Mccabe Jr. Joseph A and Mccabe Janet G
Seller's Agent
Punner Franzene
U.P. RIVERLAND REALTY
Buyer's Agent
Jeff Dohl
RE/MAX NORTH COUNTRY-IR
List Price
$93,900
Sold Price
$72,500
Premium/Discount to List
-$21,400
-22.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.24%
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
Yeager Trucking Llc $210,000 --
Mccabe Jr. Joseph A $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Henderson Michael L $0
Previous Owner Henderson Michael L $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $210,000 +17.0% $208 / Sq Ft
07/16/2023 07/16/23 Pending -- -- --
07/10/2023 07/10/23 For Sale $179,500 +12.2% $178 / Sq Ft
09/17/2021 09/17/21 Sold $160,000 +10.3% $159 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $145,000 +100.0% $144 / Sq Ft
08/31/2012 08/31/12 Sold $72,500 -22.8% $76 / Sq Ft
07/23/2012 07/23/12 Pending -- -- --
02/15/2012 02/15/12 For Sale $93,900 -- $99 / 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 $2,913 $84,680 $84,680 $0
2023 $1,076 $70,400 $70,400 $0
2022 $1,025 $64,100 $64,100 $0
2021 $2,139 $48,800 $48,800 $0
2020 $1,582 $46,200 $46,200 $0
2019 -- $48,500 $48,500 $0
2018 -- $49,100 $0 $0
2016 -- $48,800 $0 $0
2015 $49,000 $48,600 $0 $0
2014 $49,000 $47,100 $0 $0
2013 $49,000 $49,000 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50114798

Upper Peninsula Association of REALTORS®

APN: 004-058-028-00