NOT LISTED FOR SALE

413 University Rd Iron River, MI 49935

Estimated Value: $158,000 - $345,000

1 Bed
1 Bath
576 Sq Ft
$392/Sq Ft Est. Value

Last Sold October 17, 2022

Last sale price $145,000 $252 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,238/month

3 Days on Market

Highlights

  • Wood Burning Stove
  • 1-Story Property
  • Heating Available
  • Cottage

About This Home

As of October 2022

Beautiful little log cabin in the woods! Sitting adjacent to thousands of acres of Ottawa National Forest and near Golden Lake, James, Tamarack and Smoky Lakes as well as the Paint River North & South Branches and Cooks Run River. Cedar log siding and metal roof on the outside, Spruce tongue & groove interior paneling on the walls with Coretec luxury vinyl flooring under foot & vaulted ceilings above...this compact northwoods escape is all you need. The kitchen comes complete with dishes, pots & pans and flatware and there's a closet already plumbed for a washer & room for a dryer. The bedroom features an additional loft sleeping space above the closet. Snowmobile and ATV is a dream with Trail #2 just a mile and a half down the road. This incredibly insulated cabin is easy to keep comfy with the baseboard electric heat, then bring it to your desired level of toastiness with the wood fired woodstove as you ready for your next adventure. Local wi-fi internet provider has a tower on the property giving you the option of great available signal for working remotely...when you want. Original cabin was from the Michigan State University Forestry property on Golden Lake, but was moved and completely renovated from the studs up in 1996 and sits on crawlspace with installed liner and de-humidification system. 6" drilled well and 1000 gallon septic system insure worry-free cabin stays whether short term or full-time. This would make a GREAT Airbnb/VRBO property. Schedule a look today!

Last Agent to Sell the Property

Jeff Dohl

RE/MAX NORTH COUNTRY-IR License #UPAR Listed on: 09/01/2022

RE/MAX NORTH COUNTRY-IR

Last Buyer's Agent

Sharon Polich

RE/MAX NORTH COUNTRY-IR License #UPAR

RE/MAX NORTH COUNTRY-IR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1960

Lot Details

  • 2.11 Acre Lot
  • Lot Dimensions are 715 x 310 x 659

Home Design

  • Cottage
  • Log Cabin
  • Camp Architecture

Interior Spaces

  • 576 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Basement

  • Block Basement Construction
  • Crawl Space

Utilities

  • Heating Available
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 007-275-013-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$366

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Log Home, Cottage, Camp
  • Structure Style: 1 Story
  • Total Tax Amount: 366
  • Year Built: 1960
  • Mail City: Iron River
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Microwave, Range/Oven
  • Fireplaces: Wood Stove
  • Basement: Yes
  • Basement: Block
  • Bedrooms: 1
  • Bedroom 1: Dimensions: 9 x 9
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: Main
  • Above Grade Finished Sq Ft: 576
  • Total Finished Sq Ft: 576

Exterior Features

  • Exterior: Log
  • Foundation: Crawl
  • Frontage: 715
  • Road: City/County, Gravel, Year Round
  • Frontage Type: Road

Garage/Parking

  • Garage: No

Utilities

  • Heating: Electric Heat
  • Sewer: Septic
  • Water: Private Well

Lot Info

  • Assessor Parcel Number: 007-275-013-00
  • Lot Dimensions: 715 x 310 x 659
  • Acreage: 2.11
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $276.00
  • Winter Tax: Year: 2021, Amount: $90.00
  • Total Tax: Amount: $366.00

MLS Schools

  • School District: West Iron County School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Oct 17, 2022
Sold by
Nieminen John M
Bought by
Million Lee Ann
Seller's Agent
Jeff Dohl
RE/MAX NORTH COUNTRY-IR
Buyer's Agent
Sharon Polich
RE/MAX NORTH COUNTRY-IR
List Price
$125,000
Sold Price
$145,000
Premium/Discount to List
$20,000
16%
Current Estimated Value
$225,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,760
Avg. Annual Appreciation
15.85%
Source: Public Records

Range of Values:

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Average Value
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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
Million Lee Ann $145,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2022 10/17/22 Sold $145,000 +16.0% $252 / Sq Ft
09/01/2022 09/01/22 For Sale $125,000 -- $217 / 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
2025 -- $35,700 $35,700 $0
2024 $650 $44,400 $44,400 $0
2023 $600 $37,500 $37,500 $0
2022 $284 $32,000 $32,000 $0
2021 $366 $34,018 $34,018 $0
2020 $273 $27,839 $27,839 $0
2019 -- $27,169 $27,169 $0
2018 -- $24,417 $0 $0
2016 $7,160 $11,940 $0 $0
2015 $7,160 $11,940 $0 $0
2014 $7,160 $11,940 $0 $0
2013 $7,160 $11,940 $0 $0
2012 $311 $11,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50088831

Upper Peninsula Association of REALTORS®

APN: 007-275-013-00