242 Elizabeth Ln Iron River, MI 49935
Estimated payment $2,842/month
Total Views
5,352
2
Beds
2.5
Baths
1,640
Sq Ft
$296
Price per Sq Ft
Highlights
- Lake Front
- Traditional Architecture
- 1-Story Property
- Deck
- Shed
- Ceiling height of 9 feet or more
About This Home
Your search for that perfect place to come home to; your search for a waterfront retreat with privacy, character, craftsmanship and a few acres to call your own. Whether you’re looking for your forever home or a personal sanctuary, this piece of “God’s Country” is special. From the moment you meander off the black-top, down the tree lined private gravel road and up to the haven tucked into the woods with just under six acres and 357 feet of frontage on Homan Lake you’ll not want to leave. Meticulously built with 2x6 framing and log siding this home is not only welcoming but efficient. Upon entering you’re wrapped in warm lofty wood covered walls and ceilings in the great room that’s home to the kitchen, dining and living rooms anchored by the stone fireplace and looking out at the lake. The master bedroom suite with the private bathroom is overly generous with space and its views. Family or guests are welcomed with another considerably sized bedroom with its own full bathroom. Sit on the lakeside deck, around the fire-ring on the lakeshore, or on the pontoon boat as you drift around the lake. Turn the key on this one and come relax.
Home Details
Home Type
- Single Family
Year Built
- Built in 2008
Lot Details
- 5.81 Acre Lot
- Lot Dimensions are 357x493x568x514
- Lake Front
HOA Fees
- $8 Monthly HOA Fees
Home Design
- Traditional Architecture
- Poured Concrete
- Wood Siding
Interior Spaces
- 1,640 Sq Ft Home
- 1-Story Property
- Ceiling height of 9 feet or more
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Living Room with Fireplace
- Crawl Space
Kitchen
- Oven or Range
- Microwave
Bedrooms and Bathrooms
- 2 Bedrooms
Outdoor Features
- Deck
- Shed
Utilities
- Forced Air Heating System
- Heating System Uses Propane
- Liquid Propane Gas Water Heater
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 004-167-001-08
Map
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Home Values in the Area
Average Home Value in this Area
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 | -- | $197,430 | $197,430 | $0 |
| 2024 | $2,353 | $227,650 | $227,650 | $0 |
| 2023 | $2,172 | $199,800 | $199,800 | $0 |
| 2022 | $2,068 | $138,400 | $138,400 | $0 |
| 2021 | $3,447 | $136,900 | $136,900 | $0 |
| 2020 | $1,984 | $133,500 | $133,500 | $0 |
| 2019 | -- | $143,200 | $143,200 | $0 |
| 2018 | -- | $126,300 | $0 | $0 |
| 2016 | -- | $127,600 | $0 | $0 |
| 2015 | $117,600 | $121,000 | $0 | $0 |
| 2014 | $117,600 | $112,700 | $0 | $0 |
| 2013 | $117,600 | $117,600 | $0 | $0 |
| 2012 | -- | $128,900 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/17/2025 06/17/25 | For Sale | $485,000 | -- | $296 / Sq Ft |
Source: Upper Peninsula Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $0 | No Value Available |
Source: Public Records
Similar Homes in Iron River, MI
Source: Upper Peninsula Association of REALTORS®
MLS Number: 50178662
APN: 004-167-001-08
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