NOT LISTED FOR SALE

186 Osterlund Rd Iron River, MI 49935

Estimated Value: $202,000 - $288,000

2 Beds
1 Bath
1,152 Sq Ft
$207/Sq Ft Est. Value

Sale Details

Date Sold: May 9, 2025

Last sale price $189,900 $165 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,414 / mo

18 Days on Market

Highlights

  • 2,504,700 Sq Ft lot
  • Wooded Lot
  • 2 Car Detached Garage
  • Private Lot
  • Cathedral Ceiling
  • Hot Water Heating System

About This Home

As of May 2025

Nature’s Finest!! Perfection is hard to come by with land and this outstanding tract of land just about nails it! This impressive 57-acre tract has a topography that caters to the outdoor enthusiast with laced trails throughout and a gorgeous terrain that creates an exceptional wildlife corridor. There are towering stands of timber, heavy deer traffic for the avid hunter and ATV and snowmobile trails at your doorstep. Ski hills, waterfalls and many area lakes nearby for additional summer & winter recreation. For the handyman in the family, the property also includes a 2 bedroom, 1 bath home with full basement, wrap around deck and 2 car detached garage. With some TLC to the home, this phenomenal recreational property that showcases fabulous privacy in the beautiful Upper Peninsula is your ticket North!

Last Agent to Sell the Property

Rachel MARTIN

REDMAN REALTY GROUP, LLC License #60346 - 90 Listed on: 04/21/2025

Last Buyer's Agent

STEPHEN REMONDINI

STEPHENS REAL ESTATE License #110570 - 94

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2000

Lot Details

  • 57.5 Acre Lot
  • South Facing Home
  • Private Lot
  • Secluded Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,152 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Stone Fireplace
  • Gas Fireplace
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

  • Heating System Uses Propane
  • Hot Water Heating System
  • Well
  • Propane Water Heater

Listing and Financial Details

  • Assessor Parcel Number 007-064-008-00

Home Details

Home Type

Single Family

Year Built

Built in 2000

Lot Details

57.5 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Town Road
  • Ownership: Fee Simple
  • Directions: HWY 70 East to left on HWY 139 which turns into M189. Left on Osterlund Rd to property on right
  • Above Grade Finished Sq Ft: 1152.0
  • Architectural Style: One and One Half Story
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Property Attached Yn: No
  • Year Built: 2000
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Propane Water Heater, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Buildable, Private, Rolling Slope, Secluded, Wooded
  • Waterfront: No
  • Construction Type: Wood Siding
  • Direction Faces: South
  • Foundation Details: Block
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Two Car Garage, Driveway

Utilities

  • Heating: Hot Water, Propane
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Conventional Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Skiing

Lot Info

  • Current Use: Hunting
  • Lot Size Sq Ft: 2504700.0
  • Parcel #: 007-064-008-00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2025
Closed on
May 8, 2025
Sold by
Bought by
Seller's Agent
Rachel MARTIN
REDMAN REALTY GROUP, LLC
Buyer's Agent
STEPHEN REMONDINI
STEPHENS REAL ESTATE
List Price
$189,900
Sold Price
$189,900
Views
25
Current Estimated Value
$238,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,681
Avg. Annual Appreciation
21.34%

Purchase Details

Listed on
Jul 26, 2023
Closed on
Jul 24, 2023
Sold by
Bought by
Seller's Agent
Nicole Hebert
KELLER WILLIAMS CLASSIC REALTY NW
Buyer's Agent
Nicole Hebert
KELLER WILLIAMS CLASSIC REALTY NW
List Price
$20,000
Sold Price
$20,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
246.78%
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$20,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed --
Closed --
Closed --
Closed --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/09/2025 05/09/25 Sold $189,900 0.0% $165 / Sq Ft
04/21/2025 04/21/25 For Sale $189,900 +849.5% $165 / Sq Ft
07/26/2023 07/26/23 For Sale $20,000 0.0% $17 / Sq Ft
07/19/2023 07/19/23 Sold $20,000 -- $17 / Sq Ft View Prior Sale
06/30/2023 06/30/23 Pending -- -- --
Source: Greater Northwoods MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,499 $90,900 $90,900 $0
2024 $16 $120,400 $120,400 $0
2023 $1,467 $98,000 $98,000 $0
2022 $1,398 $87,500 $87,500 $0
2021 $2,303 $84,592 $84,592 $0
2020 $1,378 $86,852 $86,852 $0
2019 -- $84,697 $84,697 $0
2018 -- $82,152 $0 $0
2016 $84,992 $91,160 $0 $0
2015 $84,992 $91,160 $0 $0
2014 $84,992 $91,160 $0 $0
2013 $84,992 $91,160 $0 $0
2012 $2,246 $91,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 211493

Greater Northwoods MLS

APN: 007-064-008-00

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