NOT LISTED FOR SALE

159 Golden Lake Trail Iron River, MI 49935

Estimated Value: $276,430 - $358,000

3 Beds
2 Baths
1,440 Sq Ft
$223/Sq Ft Est. Value

Last Sold October 06, 2023

Last sale price $265,000 $184 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,081/month

2 Days on Market

Highlights

  • Lake Front
  • Deck
  • Breakfast Area or Nook
  • Sauna
  • Cottage
  • 1 Car Detached Garage

About This Home

As of October 2023

Longing for the lake life? Looking for the perfect weekend getaway? Or maybe you've been searching for the perfect vacation property to rent out? This spacious 3 bedroom, 2 bath split-level cottage is nestled amongst mature trees on over half an acre, with nearly 100 ft of frontage on gorgeous Golden Lake. This property has been used as an AirBnB for the past year and a half, with a great rental history. Full-rec Golden Lake is approximately 285 acres and offers great fishing, too.

Last Agent to Sell the Property

TROY MARGONI

STEPHENS REAL ESTATE License #UPAR Listed on: 08/28/2023

Last Buyer's Agent

Dawn Margoni

STEPHENS REAL ESTATE License #UPAR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1970

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 98x258x88x247
  • Lake Front
  • Rural Setting

Parking

  • 1 Car Detached Garage

Home Design

  • Cottage
  • Split Level Home
  • Tri-Level Property
  • Wood Siding

Interior Spaces

  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Sauna

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven or Range
  • Microwave

Flooring

  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Partial Basement
  • Block Basement Construction

Outdoor Features

  • Access To Lake
  • Deck

Utilities

  • Radiator
  • Boiler Heating System
  • Heating System Uses Propane
  • Drilled Well
  • Liquid Propane Gas Water Heater
  • Septic Tank
  • Internet Available

Community Details

  • Lindahls Of Golden Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 007-640-008-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,303

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type: Residential
  • Type Of Property: Single Family
  • Architecture Style: Split Level, Cottage
  • Structure Style: Tri-Level
  • Year Built: 1970
  • Mail City: Iron River
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Microwave, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Fireplaces: LivRoom Fireplace, Wood Burning
  • Basement: Yes
  • Basement: Block, Partially Finished
  • Bedrooms: 3
  • Bedroom 1: On Upper Floor, Dimensions: 11 x 10
  • Bedroom 2: On Upper Floor, Dimensions: 10 x 9
  • Bedroom 3: On Lower Floor, Dimensions: 11 x 19
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Lower
  • Room Types: Living Room, Breakfast Nook/Room, Eat-In Kitchen
  • Breakfast Nook: On Upper Floor, Dimensions: 9 x 9
  • Breakfast Nook Floor Covering: Linoleum
  • Kitchen: On Upper Floor, Dimensions: 9 x 14
  • Kitchen Floor Covering: Linoleum
  • Laundry: On Lower Floor
  • Living Room: On Main Floor, Dimensions: 14 x 19
  • Living Room Floor Covering: Vinyl
  • Below Grade Sq Ft: 460
  • Finished Below Grade Sq Ft: 400
  • Above Grade Finished Sq Ft: 1040
  • Total Finished Sq Ft: 1440

Exterior Features

  • Exterior: Wood
  • Exterior Features: Deck, Sidewalks
  • Foundation: Partial Basement
  • Frontage: 98
  • Lake Name: Golden Lake
  • Road: City/County, Year Round
  • Water Features: Lake Frontage, Lake/River Access, Water View, Waterfront, Interior Lake
  • Waterfront: Yes
  • Out Buildings: Garage(s), Sauna
  • Frontage Type: Water

Garage/Parking

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

Utilities

  • Heating: Boiler, Radiator
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Drilled Well
  • Water Heater: Propane Hot Water

Lot Info

  • Assessor Parcel Number: 007-640-008-00
  • Zoning: Residential
  • Lot Dimensions: 98x258x88x247
  • Acreage: 0.54
  • Geo Subdivision: MI
  • Site/Lot Features: Rural

Tax Info

  • Summer Tax: Year: 2022, Amount: $708.15
  • Winter Tax: Year: 2022, Amount: $495.96
  • Total Tax: Amount: $1,204.11

MLS Schools

  • School District: West Iron County School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2023
Closed on
Oct 6, 2023
Sold by
Lehmann Edward
Bought by
Pollack Richard and Pollack Diane
Seller's Agent
TROY MARGONI
STEPHENS REAL ESTATE
Buyer's Agent
Dawn Margoni
STEPHENS REAL ESTATE
List Price
$279,000
Sold Price
$265,000
Premium/Discount to List
-$14,000
-5.02%
Total Days on Market
2
Views
29
Current Estimated Value
$321,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,608
Avg. Annual Appreciation
12.29%

Purchase Details

Listed on
Sep 24, 2021
Closed on
Mar 3, 2022
Sold by
Kill Margaret A
Bought by
Lehmann Edward and Lehmann Kurt
Seller's Agent
Punner Franzene
U.P. RIVERLAND REALTY
Buyer's Agent
TROY MARGONI
STEPHENS REAL ESTATE
List Price
$229,900
Sold Price
$190,000
Premium/Discount to List
-$39,900
-17.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.60%
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
Pollack Richard $265,000 --
Lehmann Edward $190,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2023 10/06/23 Sold $265,000 -5.0% $184 / Sq Ft
08/28/2023 08/28/23 For Sale $279,000 +46.8% $194 / Sq Ft
03/11/2022 03/11/22 Sold $190,000 -17.4% $132 / Sq Ft
01/22/2022 01/22/22 Pending -- -- --
09/24/2021 09/24/21 For Sale $229,900 -- $160 / 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 $3,303 $96,000 $96,000 $0
2023 $1,513 $94,600 $94,600 $0
2022 $1,507 $82,400 $82,400 $0
2021 $1,944 $86,041 $86,041 $0
2020 $1,448 $75,604 $75,604 $0
2019 -- $74,146 $74,146 $0
2018 -- $77,811 $0 $0
2016 $37,986 $82,310 $0 $0
2015 $37,986 $82,310 $0 $0
2014 $37,986 $82,310 $0 $0
2013 $37,986 $102,310 $0 $0
2012 -- $102,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • TROY MARGONI

    Seller's Agent in 2023

    TROY MARGONI

    STEPHENS REAL ESTATE

    (906) 367-1332

    112 Total Sales

    TROY MARGONI
    Section Image
  • Dawn Margoni

    Buyer's Agent in 2023

    Dawn Margoni

    STEPHENS REAL ESTATE

    (906) 367-5060

    192 Total Sales

    Dawn Margoni
    Section Image
  • Punner Franzene

    Seller's Agent in 2022

    Punner Franzene

    U.P. RIVERLAND REALTY

    (906) 367-0960

    111 Total Sales

    Punner Franzene
    Section Image
See All Agents

Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50120261

Upper Peninsula Association of REALTORS®

APN: 007-640-008-00

Michigan Iron County Iron River 49935

159 Golden Lake Trail, Iron River, MI

This home is located at 159 Golden Lake Trail, Iron River, MI 49935 since 28 August 2023 and is currently estimated at $321,608, approximately $223 per square foot. This property was built in 1970. 159 Golden Lake Trail 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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Upper Peninsula Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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