$160,000
SOLD SEP 17, 2021

1547 Gibbs City Rd Iron River, MI 49935

2 Beds
1 Bath
1,008 Sq Ft
40 Acres

Recently Sold

$159 Per Sq Ft

10% Above List Price

3 Days on Market

Highlights

  • 40 Acre Lot
  • Wood Flooring
  • 2 Car Detached Garage
  • Wood Burning Stove
  • Main Floor Bedroom
  • Porch

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 wood burning stove to the log walls warm glow you're going to love this place. All the modern amenities plus 40 acres with McColman 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 bunkroom offer space enough for the family. With about 1000 square feet of peace and quiet this place would make a dandy of a camp or year 'round living. The cabin skirting is insulated and ready for a U.P. winter. Free standing fireplace and wall heater heat the camp. Just 1/4 mile from the Paint River for floating or fishing. Two car detached garage has a gravel floor and power run out to it. Cabin comes furnished so 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: 07/20/2021

RE/MAX NORTH COUNTRY-IR

Last Buyer's Agent

Jeff Dohl

RE/MAX NORTH COUNTRY-IR License #UPAR Listed on: 07/20/2021

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

Parking

  • 2 Car Detached Garage

Home Design

  • Pillar, Post or Pier Foundation

Interior Spaces

  • 1,008 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Flooring

Bedrooms and Bathrooms

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

Outdoor Features

  • Access to stream, creek or river
  • Shed
  • Built-In Barbecue
  • Porch

Utilities

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

Interior Features

  • Interior Amenities: Hardwood Floors
  • Fireplaces: Wood Stove
  • 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: BBQ/Grill Built-in, Porch
  • Foundation: Piller/Post/Pier
  • Frontage: 1320
  • Lake Name: Mc Colman Creek
  • Road: City/County, Year Round
  • Water Features: Creek/Stream/Brook
  • Out Buildings: Shed
  • Frontage Type: Water

Garage/Parking

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

Utilities

  • Heating: Space Heater
  • Sewer: Septic
  • Water: Public Water
  • Cooling: Ceiling Fan(s)

Lot Info

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

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
$248,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,935
Avg. Annual Appreciation
8.83%

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 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: 10045093

Upper Peninsula Association of REALTORS®

APN: 004-058-028-00