NOT LISTED FOR SALE

40 acres Olson Loop Rd Iron River, MI 49935

Estimated Value: $137,000

40 Acres
$3,425 Price per Acre
1,742,400 Sq Ft Lot

Last Sold June 17, 2022

Last sale price $72,500

Est. 89% increase in value since last sale

Current estimated payment $833/month

7 Days on Market

About This Lot

As of June 2022

Forty acres of classic northwoods homestead property located on a year ‘round blacktopped country road. Make your way through the evergreen lined entrance that opens into rolling fallow farm fields cornered by the remnants of the original cut-stone foundation. Meander around the meadows that are flanked by century old apple tree groves enhanced over the years with younger additions producing fruit for fauna and family alike. Follow a deer trail into the timber and drift down the valley under towering Hemlocks, White Pine and Spruce surrounded by a crowning canopy of Maple, Black Cherry and Yellow Birch. Whether you’re looking for the perfect home site, a base in the north for your camp and adventures or a piece of the northwoods for hunting, hiking or just recharging your life. You’ll not be far from numerous area lakes and streams and thousands of acres of public access Ottawa National, as well as commercial forest lands just out your door and down the road. Power available at the road in addition to good cell signal!

Last Agent to Sell the Property

Jeff Dohl

RE/MAX NORTH COUNTRY-IR License #UPAR Listed on: 05/16/2022

RE/MAX NORTH COUNTRY-IR

Last Buyer's Agent

Jeff Dohl

RE/MAX NORTH COUNTRY-IR License #UPAR Listed on: 05/16/2022

RE/MAX NORTH COUNTRY-IR

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 40 Acre Lot
  • Lot Dimensions are 1320x1320

Listing and Financial Details

  • Assessor Parcel Number 004-171-001-00

Property Details

Property Type

Land

Est. Annual Taxes

$269

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: VACANT LAND
  • Type Of Property: Vacant Land
  • Style: Vacant Land
  • Mail City: Iron River
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: 1320
  • Roads: City/County
  • Frontage Type: Road

Utilities

  • Water: None
  • Sewer/Septic System: None

Schools

  • School District: West Iron County School District

Lot Info

  • Assessor Parcel Number: 004-171-001-00
  • Acreage: 40
  • Lot Size: 1320x1320
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $201.00
  • Winter Tax: Year: 2021, Amount: $68.00
  • Total Tax: Amount: $269.00

MLS Schools

  • School District: West Iron County School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2022
Closed on
Jun 17, 2022
Sold by
Grabowski Nicholas F
Bought by
Upper Michigan Properties Llc
Seller's Agent
Jeff Dohl
RE/MAX NORTH COUNTRY-IR
Buyer's Agent
Jeff Dohl
RE/MAX NORTH COUNTRY-IR
List Price
$72,500
Sold Price
$72,500
Total Days on Market
7
Current Estimated Value
$137,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,500
Avg. Annual Appreciation
25.40%

Purchase Details

Closed on
Oct 4, 1995
Sold by
Roth Thomas J
Bought by
Grabowski Nicholas F and Grabowski Chris
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Upper Michigan Properties Llc $72,500 --
Grabowski Nicholas F $23,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $72,500 0.0% --
05/23/2022 05/23/22 Pending -- -- --
05/16/2022 05/16/22 For Sale $72,500 -- --
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 $769 $32,000 $32,000 $0
2023 $725 $21,300 $21,300 $0
2022 $207 $20,500 $20,500 $0
2021 $269 $22,000 $22,000 $0
2020 $199 $20,000 $20,000 $0
2019 -- $20,500 $20,500 $0
2018 -- $24,000 $0 $0
2016 -- $24,000 $0 $0
2015 $5,229 $24,000 $0 $0
2014 $5,229 $25,000 $0 $0
2013 $5,229 $27,000 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeff Dohl

    Seller's Agent in 2022

    Jeff Dohl

    RE/MAX NORTH COUNTRY-IR

    (906) 367-9422

    281 Total Sales

    Jeff Dohl
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50074365

Upper Peninsula Association of REALTORS®

APN: 004-171-001-00

Michigan Iron County Iron River 49935

40 acres Olson Loop Rd, Iron River, MI

This home is located at 40 acres Olson Loop Rd, Iron River, MI 49935 since 16 May 2022 and is currently estimated at $137,000. 40 acres Olson Loop Rd 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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