NOT LISTED FOR SALE

438 Mid Summer Dr Iron River, MI 49935

Iron River Area

Estimated Value: $491,926 - $611,000

4 Beds
3 Baths
2,760 Sq Ft
$200/Sq Ft Est. Value

Sale Details

Date Sold: May 16, 2017

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

Est. 84% increase in value since last sale

Current estimated payment $3,730 / mo

2817 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

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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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • 23,958 Sq Ft 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
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number See addendum

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

0.55 Acres

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

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
Jun 29, 2009
Closed on
May 17, 2017
Sold by
Bought by
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
$552,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,832
Avg. Annual Appreciation
6.86%
Original Mortgage
$269,910
Outstanding Balance
$214,334
Interest Rate
3.97%
Estimated Equity
$338,398
Source: Public Records

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
$299,900 --
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
Open $269,910
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
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

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
2026 $8,376 $245,454 $245,454 $0
2025 $5,920 $202,238 $202,238 $0
2024 $77 $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 Real Estate Agent - STEPHENS REAL ESTATE-IRON RIVER

    Seller's Agent in 2017

    Jill Ponozzo

    STEPHENS REAL ESTATE-IRON RIVER

    (906) 458-3478

    117 Total Sales

    Jill Ponozzo
    Section Image
  • TROY MARGONI Real Estate Agent - STEPHENS REAL ESTATE

    Buyer's Agent in 2017

    TROY MARGONI

    STEPHENS REAL ESTATE

    (906) 367-1332

    92 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

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