NOT LISTED FOR SALE

361 Brule Mountain Rd Iron River, MI 49935

Estimated Value: $232,000 - $279,000

8 Beds
4 Baths
2,312 Sq Ft
$111/Sq Ft Est. Value

Sale Details

Date Sold: May 1, 2025

Last sale price $205,000 $89 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,740 / mo

8 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Loft
  • Wooded Lot
  • Main Floor Bedroom
  • Community Wi-Fi

About This Home

As of May 2025

Conveniently located across from the Ski Brule Mountain Lodge, this 4-story, side by side duplex allows for 6 sleeping areas on each side with 2 main floor bedrooms and 3/4 baths. The second levels consist of two bedrooms and 2 full baths, then there are two additional lofts on each side totaling 4 levels. Sleeps 12+ people on each side. Nestled in and surrounded by Maples you can literally ski out the door across the street to the Ski Brule lodge and slopes. You can view the slopes while sitting around the fire pit or from the wrap around decks when grilling. Hot tub fixtures are installed should you decide to add hot tubs. The storage building can house your equipment whether staying short or long term. There's even wood surplus to feed the free-standing wood stove/fireplace in the large living rooms. The pass-through doors provide privacy for each unit OR if your party is extremely large, can be left open for “pass-through” to each unit. Unit 1 (Left side) has a washer and dryer, while Unit 2 (Right side) has the electric sauna. Floor plans will show the layout of each unit. These units come fully furnished and fully equipped, along with renters scheduled for the future. Current owner often uses one unit for personal use, yet the rental income is very lucrative. Bookings/income can be shared as a contract contingency. You can control the income and availability to rent around your schedule of use. Garbage pickup is available, Starlink Wi-Fi installed. Unit 1 has a new fridge and kitchen table/chairs. This investment property is fully maintained by the owner including the cleaning however, new owner can opt in for a fee, to the Ski Brule Management program if desired. These units are not used only for the Ski Brule fans, they are used for summer vacationers as well just looking to get away from it all. This is a great investment opportunity whether you choose to utilize one unit for yourself or rent both out. Stairs to home are gradual and easy to navigate. With year-round access, a view to the slopes, tucked in the woods with no close neighbors, and plenty of activities in this area, your investment will benefit all who use it, including yourself!

Last Agent to Sell the Property

Punner Franzene

U.P. RIVERLAND REALTY License #UPAR Listed on: 03/09/2025

Last Buyer's Agent

Punner Franzene

U.P. RIVERLAND REALTY License #UPAR Listed on: 03/09/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 28,314 Sq Ft Lot
  • Lot Dimensions are 175x215x55x188
  • Rural Setting
  • Sloped Lot
  • Wooded Lot

Parking

  • Unassigned Parking

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Loft

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Main Floor Bedroom
  • 4 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Shed

Utilities

  • Baseboard Heating
  • Separate Meters
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 36007-690-007-00

Community Details

Overview

  • 2 Units
  • Plat Of Brule Mountain Subdivision

Amenities

  • Community Wi-Fi

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

0.65 Acres

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type: Duplex, Investment
  • Type Of Property: Multi-Family
  • Structure Style: More Than 2 Stories
  • Styles: Conventional Frame
  • Sub Structure Types: Shed
  • Total Tax Amount: 3818.02
  • Total Tax Year: 2024
  • Year Built: 1981
  • Mail City: Iron River
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Interior Balcony, Cathedral/Vaulted Ceiling, Window Treatment(s)
  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 8
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Sub Room Description: First Floor Bedroom, First Floor Laundry, Living Room, Loft
  • Source of Sq Ft: Cubicasa

Exterior Features

  • Construction: Wood
  • Exterior Features: Deck
  • Frontage: 175
  • Foundation Type: Crawl
  • Roads: City/County, Paved Street, Year Round

Garage/Parking

  • Parking: Unassigned/General

Utilities

  • Water: Public Water
  • Water Heater: Electric
  • Cooling System: Ceiling Fan(s)
  • Fuel Type: Electric, Wood
  • Heating System: Baseboard, Electric Heat
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Septic

Condo/Co-op/Association

  • Community Amenities: Wi-Fi Available

Lot Info

  • Assessor Parcel Number: 36007-690-007-00
  • Location: Rural
  • Lot Dimensions: 175x215x55x188
  • Acreage: 0.65
  • Lot Description: Deep Lot - 150+ Ft., Platted, Sloping, Wooded
  • Zoning: Multi-Family, Commercial
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2024, Amount: $2,882.52
  • Winter Tax: Year: 2024, Amount: $935.50
  • Total Tax: Year: 2024, Amount: $3,818.02

Multi Family

  • Total Units: 2

MLS Schools

  • School District: West Iron County School District

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
Mar 9, 2025
Closed on
May 1, 2025
Sold by
Bought by
Seller's Agent
Punner Franzene
U.P. RIVERLAND REALTY
Buyer's Agent
Punner Franzene
U.P. RIVERLAND REALTY
List Price
$214,900
Sold Price
$205,000
Premium/Discount to List
-$9,900
-4.61%
Views
9
Current Estimated Value
$257,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,723
Avg. Annual Appreciation
22.23%

Purchase Details

Listed on
Jun 3, 2024
Closed on
May 30, 2024
Sold by
Bought by
Seller's Agent
Punner Franzene
U.P. RIVERLAND REALTY
Buyer's Agent
Punner Franzene
U.P. RIVERLAND REALTY
List Price
$140,000
Sold Price
$140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.37%

Purchase Details

Listed on
Jan 20, 2021
Closed on
Jun 29, 2021
Sold by
Bought by
Seller's Agent
Danelle Dove
RE/MAX NORTH COUNTRY
Buyer's Agent
Jeff Dohl
RE/MAX NORTH COUNTRY-IR
List Price
$159,500
Sold Price
$145,000
Premium/Discount to List
-$14,500
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.19%

Purchase Details

Closed on
Dec 29, 2020
Sold by
Bought by

Purchase Details

Closed on
Jan 10, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
6.4%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
$205,000 --
$19,385 --
$145,000 --
$150,000 --
$147,500 --
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
Previous Owner $0
Previous Owner $0
Closed $0
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
05/01/2025 05/01/25 Sold $205,000 -4.6% $89 / Sq Ft
03/09/2025 03/09/25 For Sale $214,900 +53.5% $93 / Sq Ft
06/03/2024 06/03/24 For Sale $140,000 0.0% $62 / Sq Ft
05/31/2024 05/31/24 Sold $140,000 -3.4% $62 / Sq Ft View Prior Sale
05/24/2024 05/24/24 Pending -- -- --
06/30/2021 06/30/21 Sold $145,000 -9.1% $65 / Sq Ft View Prior Sale
05/19/2021 05/19/21 Pending -- -- --
01/20/2021 01/20/21 For Sale $159,500 -- $71 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

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 $4,275 $124,600 $124,600 $0
2024 $29 $124,000 $124,000 $0
2023 $2,717 $79,800 $79,800 $0
2022 $3,595 $105,600 $105,600 $0
2021 $3,429 $77,596 $77,596 $0
2020 $2,554 $74,566 $74,566 $0
2019 -- $85,377 $85,377 $0
2018 -- $83,070 $0 $0
2016 $81,210 $81,210 $0 $0
2015 $81,210 $81,210 $0 $0
2014 $81,210 $81,210 $0 $0
2013 $81,210 $81,210 $0 $0
2012 -- $81,210 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50168277

Upper Peninsula Association of REALTORS®

APN: 007-690-007-00

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