NOT LISTED FOR SALE

194 Reitmeyer Drive Rd Iron River, MI 49935

Estimated Value: $61,640 - $229,000

2 Beds
1 Bath
678 Sq Ft
$163/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $60,000 $88 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $634/month

9 Days on Market

Highlights

  • Lake Front
  • Ranch Style House
  • Shed
  • Sauna
  • 2 Car Detached Garage
  • Space Heater

About This Home

As of August 2023

120 Foot lot on Hanna Webb with adjacent .65 acres and cabin. Cabin features 2 bedrooms, bath and sauna and a combined kitchen and living room area. The cabin needs repairing and TLC, but is in sound condition. There is a 3+ car garage. Very private spot.

Last Agent to Sell the Property

Karen Anderson

U.P. RIVERLAND REALTY License #UPAR-6502137938 Listed on: 07/22/2023

Last Buyer's Agent

Stephen Remondini

STEPHENS REAL ESTATE-IRON RIVER License #UPAR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1972

Lot Details

  • 1.75 Acre Lot
  • Lot Dimensions are 120x300x200x300
  • Lake Front

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 678 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Sauna
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed

Utilities

  • Space Heater
  • Heating System Uses Wood
  • Heating System Uses Propane

Listing and Financial Details

  • Assessor Parcel Number 001-230-010-00 & 015-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$578

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type: Residential
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Year Built: 1972
  • Mail City: Iron River
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Spa/Sauna
  • Appliances: Range/Oven
  • Fireplace: Yes
  • Fireplaces: LivRoom Fireplace, Wood Burning
  • Basement: None (Basement)
  • Bedrooms: 2
  • Bedroom 1: On 1st Floor, Dimensions: 15 x 14
  • Bedroom 2: On 1st Floor, Dimensions: 12 x 13
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: First
  • Kitchen: On 1st Floor, Dimensions: 12 x 13
  • Living Room: On 1st Floor, Dimensions: 12 x 13
  • Above Grade Finished Sq Ft: 678
  • Total Finished Sq Ft: 678

Exterior Features

  • Exterior: Wood
  • Exterior Features: None (ExteriorFeatures)
  • Foundation: Slab
  • Frontage: 120
  • Lake Name: Hanna Webb Lake
  • Road: Gravel, Seasonal
  • Water Features: Lake Frontage, No Wake Lake, Interior Lake
  • Waterfront: Yes
  • Out Buildings: Shed, Garage(s)
  • Frontage Type: Water

Garage/Parking

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

Utilities

  • Heating: Space Heater
  • Heating Fuel: LP/Propane Gas, Wood
  • Sewer: None
  • Water: Not to Property (Water)
  • Water Heater: None

Lot Info

  • Assessor Parcel Number: 001-230-010-00 & 015-00
  • Lot Dimensions: 120x300x200x300
  • Acreage: 1.75
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $959.75
  • Winter Tax: Year: 2022, Amount: $375.58
  • Taxable Value: 26613
  • Total Tax: Amount: $1,335.23
  • SEV Year: 2023

MLS Schools

  • School District: West Iron County School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2023
Closed on
Aug 25, 2023
Sold by
Bradley James D
Bought by
Sartorelli Thaddeus and Sartorelli Jenny
Seller's Agent
Karen Anderson
U.P. RIVERLAND REALTY
Buyer's Agent
Stephen Remondini
STEPHENS REAL ESTATE-IRON RIVER
List Price
$75,000
Sold Price
$60,000
Premium/Discount to List
-$15,000
-20%
Total Days on Market
9
Views
1
Current Estimated Value
$110,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,410
Avg. Annual Appreciation
41.14%
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
Sartorelli Thaddeus $60,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $60,000 -20.0% $88 / Sq Ft
07/31/2023 07/31/23 Pending -- -- --
07/22/2023 07/22/23 For Sale $75,000 -- $111 / 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 $578 $16,802 $16,802 $0
2023 $297 $15,922 $15,922 $0
2022 $283 $15,609 $15,609 $0
2021 $389 $14,365 $14,365 $0
2020 $272 $14,213 $14,213 $0
2019 -- $14,795 $14,795 $0
2018 -- $15,670 $0 $0
2016 $7,565 $26,073 $0 $0
2015 $7,565 $26,073 $0 $0
2014 $7,565 $26,073 $0 $0
2013 $7,565 $26,073 $0 $0
2012 -- $26,073 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50116459

Upper Peninsula Association of REALTORS®

APN: 001-230-010-00