$72,500
SOLD AUG 31, 2012

1547 Gibbs City Rd Iron River, MI 49935

2 Beds
1 Bath
950 Sq Ft
40 Acres

Recently Sold

$76 Per Sq Ft

23% Below List Price

159 Days on Market

Highlights

  • Waterfront
  • Main Floor Bedroom
  • Fireplace
  • 40 Acre Lot
  • 2 Car Detached Garage
  • Porch

About This Home

As of July 2023

A dandy of a camp! 40 acres with McColman Creek running through it. Paint River fishing less than 1/4 mile away. Just under 800 sq. ft. of peace and quiet. Free standing fireplace and wall heater heat the camp. Appliances included. Log construction. Interior is T & G mixture wood paneling. Loft. Camp is skirted and is built on posts but owner has lived there year round. 2 car detached garage with gravel floor. Power to garage. Hunting paradise. Close enough yet away from civilization. Nice!

Last Agent to Sell the Property

Punner Franzene

U.P. RIVERLAND REALTY License #UPAR Listed on: 02/15/2012

Last Buyer's Agent

Jeff Dohl

RE/MAX NORTH COUNTRY-IR License #UPAR

RE/MAX NORTH COUNTRY-IR

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

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

Parking

  • 2 Car Detached Garage

Home Design

  • Pillar, Post or Pier Foundation

Interior Spaces

  • 950 Sq Ft Home
  • 1.5-Story Property
  • Fireplace
  • Crawl Space
  • Oven or Range

Bedrooms and Bathrooms

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

Outdoor Features

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

Utilities

  • Heating System Uses Wood
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 004-058-028-00

Home Details

Home Type

Single Family

Year Built

Built in 1985

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: 2011
  • Year Built: 1985
  • Mail City: Iron River
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Range/Oven
  • Fireplace: Yes
  • Bedrooms: 2
  • Bedroom 1: On 1st Floor, Dimensions: 10 x 11
  • Bedroom 2: On 2nd Floor, Dimensions: 15 x 17
  • 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, Dimensions: 10 x 15
  • Kitchen: On 1st Floor, Dimensions: 10 x 12
  • Living Room: On 1st Floor, Dimensions: 15 x 17
  • Above Grade Finished Sq Ft: 950
  • Total Finished Sq Ft: 950

Exterior Features

  • Exterior: Log
  • Exterior Features: Porch
  • Foundation: Crawl, Piller/Post/Pier
  • Lake Name: McColman Creek
  • Water Features: Creek/Stream/Brook
  • Waterfront: Yes
  • Out Buildings: Shed

Garage/Parking

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

Utilities

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

Lot Info

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

Tax Info

  • Total Tax: Year: 2011

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%
Current Estimated Value
$226,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,644
Avg. Annual Appreciation
8.31%

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

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $210,000 --
Warranty Deed $72,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $0 No Value Available
Previous Owner $0 No Value Available
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
2025 -- $85,050 $85,050 $0
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: 10002898

Upper Peninsula Association of REALTORS®

APN: 004-058-028-00