NOT LISTED FOR SALE

438 Mid Summer Dr Iron River, MI 49935

Estimated Value: $466,617 - $684,000

4 Beds
3 Baths
2,760 Sq Ft
$202/Sq Ft Est. Value

Last Sold May 16, 2017

Last sale price $299,900 $109 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,511/month

2,817 Days on Market

Highlights

  • Lake Front
  • Fireplace
  • Bathroom on Main Level
  • Main Floor Bedroom
  • 2 Car Attached Garage
  • Shed

About This Home

As of May 2017

CHICAGON LAKE! 4 bdrms, 3 baths, a master suite w/master bath and a large sitting area overlooking the lake. This home boasts 2 fireplaces, a sauna, panoramic views of the lake from most rooms, and three levels of living space. There are lower and upper decks, and a large outdoor stone barbeque pit. Enjoy 100' of beautiful frontage on Chicagon Lake, an 1100 acre all-recreational lake known for its great fishing. George Young Recreational Complex and golf course are on the south side of the lake. Home is currently used as income property; own waterfront property on one of Iron County's most desirable lakes and let the renters pay the mortgage!

Last Agent to Sell the Property

Jill Ponozzo

STEPHENS REAL ESTATE-IRON RIVER License #UPAR Listed on: 06/29/2009

Last Buyer's Agent

TROY MARGONI

STEPHENS REAL ESTATE License #UPAR

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 100x240
  • Lake Front

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 3 Full Bathrooms

Outdoor Features

  • Shed

Utilities

  • Hot Water Heating System
  • Heating System Uses Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number See addendum

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 2 Story
  • Year Built: 1985
  • Mail City: Iron River
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Basement: Yes
  • Basement: Full
  • Bedrooms: 4
  • Bedroom 1: In Basement, Dimensions: 9 x 12
  • Bedroom 2: On 1st Floor, Dimensions: 12 x 10
  • Bedroom 3: On 2nd Floor, Dimensions: 21 x 15
  • Bedroom 4: On 2nd Floor, Dimensions: 10 x 15
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Bathroom 1: On Level: First
  • Bathroom 2: On Level: Second
  • Bathroom 3: On Level: Basement
  • Room Types: First Floor Bedroom, First Flr Full Bathroom, Primary Bdrm Suite
  • Breakfast Nook: In Basement, Dimensions: 29 x 19
  • Dining Room: On 1st Floor, Dimensions: 19 x 15
  • Family Room: On 2nd Floor, Dimensions: 19 x 29
  • Kitchen: On 1st Floor, Dimensions: 8 x 9
  • Living Room: On 1st Floor, Dimensions: 19 x 15
  • Below Grade Sq Ft: 895
  • Finished Below Grade Sq Ft: 895
  • Above Grade Finished Sq Ft: 1865
  • Total Finished Sq Ft: 2760

Exterior Features

  • Exterior: Wood
  • Foundation: Basement
  • Lake Name: Chicagon Lake
  • Road: City/County
  • Water Features: Lake Frontage, Interior Lake
  • Waterfront: Yes
  • Out Buildings: Shed

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Hot Water
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Private Well

Lot Info

  • Assessor Parcel Number: See addendum
  • Lot Dimensions: 100x240
  • Acreage: 0.55
  • Geo Subdivision: MI

MLS Schools

  • School District: West Iron County School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2009
Closed on
May 17, 2017
Sold by
Whear Dale L
Bought by
Peters Todd L
Seller's Agent
Jill Ponozzo
STEPHENS REAL ESTATE-IRON RIVER
Buyer's Agent
TROY MARGONI
STEPHENS REAL ESTATE
List Price
$449,000
Sold Price
$299,900
Premium/Discount to List
-$149,100
-33.21%
Current Estimated Value
$556,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,254
Avg. Annual Appreciation
4.90%
Original Mortgage
$269,910
Outstanding Balance
$221,477
Interest Rate
3.97%
Mortgage Type
Unknown
Estimated Equity
$224,123
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
Peters Todd L $299,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peters Todd L $269,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2017 05/16/17 Sold $299,900 -33.2% $109 / Sq Ft
03/16/2017 03/16/17 Pending -- -- --
06/29/2009 06/29/09 For Sale $449,000 -- $163 / 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 -- $202,238 $202,238 $0
2024 $5,757 $185,835 $185,835 $0
2023 $5,425 $170,699 $170,699 $0
2022 $5,167 $159,960 $159,960 $0
2021 $7,111 $151,219 $151,219 $0
2020 $4,963 $145,145 $145,145 $0
2019 -- $147,924 $147,924 $0
2018 -- $138,871 $0 $0
2016 $71,146 $150,760 $0 $0
2015 $71,146 $137,886 $0 $0
2014 $71,146 $137,886 $0 $0
2013 $71,146 $137,886 $0 $0
2012 -- $137,886 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jill Ponozzo

    Seller's Agent in 2017

    Jill Ponozzo

    STEPHENS REAL ESTATE-IRON RIVER

    (906) 458-3478

    170 Total Sales

    Jill Ponozzo
    Section Image
  • TROY MARGONI

    Buyer's Agent in 2017

    TROY MARGONI

    STEPHENS REAL ESTATE

    (906) 367-1332

    108 Total Sales

    TROY MARGONI
    Section Image
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10000165

Upper Peninsula Association of REALTORS®

APN: 001-500-034-00

Michigan Iron County Iron River 49935

438 Mid Summer Dr, Iron River, MI

This home is located at 438 Mid Summer Dr, Iron River, MI 49935 since 29 June 2009 and is currently estimated at $556,154, approximately $201 per square foot. This property was built in 1985. 438 Mid Summer Dr 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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