$180,000
$19K PRICE DROP

N4178 Powell Lake Rd Wetmore, MI 49895

Estimated payment $1,172/month

Total Views 6,466
5 Beds
2 Baths
1,944 Sq Ft
$93 Price per Sq Ft

Highlights

  • Lake Front
  • Deck
  • Wood Flooring
  • Sandy Beach
  • Ranch Style House
  • 2 Car Detached Garage

About This Home

HUGE PRICE REDUCTION - NOW ONLY $180,000.00 Great opportunity to live year round on spring fed Powell Lake. This property has great potential with updated well and septic (new 2003), a 28 x 32 detached garage, and cottage with 5 bedrooms (with 2 additional sleeping areas in the loft not included in sq. ft) two bath, basement under a portion of the building and crawl space under the rest. Property has been vacant for a few years and is being sold "AS IS". Flat roof portion of the building has had some water damage in some of the rooms.

Listing Agent

JoAnn Carlson

BIG C REALTY-M License #UPAR Listed on: 05/03/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1979

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 100x147x123x171
  • Lake Front
  • Sandy Beach

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Wood Siding

Interior Spaces

  • 1,944 Sq Ft Home
  • Entryway
  • Living Room
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Wood
  • Drilled Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • Plat 1 Of Powell Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-006-540-006-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,136

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type: Residential
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 2136
  • Total Tax Year: 2024
  • Year Built: 1979
  • Mail City: Wetmore
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: DSL Available, Hardwood Floors
  • Appliances: None (Appliances)
  • Basement: Yes
  • Basement: Block
  • Bedrooms: 5
  • Bedroom 1: On 1st Floor, Dimensions: 7 x 9
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On 1st Floor, Dimensions: 9 x 12
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: On 1st Floor, Dimensions: 8 x 11
  • Bedroom 3 Floor Covering: Carpet
  • Bedroom 4: On 1st Floor, Dimensions: 9 x 13
  • Bedroom 4 Floor Covering: Carpet
  • Bedroom 5: On 1st Floor, Dimensions: 10 x 13
  • Bedroom 5 Floor Covering: Carpet
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 8 x 5, On Level: First, Flooring: Linoleum
  • Bathroom 2: Dimensions: 10 x 5, On Level: First, Flooring: Linoleum
  • Room Types: Entry, First Floor Bedroom, Living Room, First Flr Full Bathroom, Eat-In Kitchen
  • Dining Room: On 1st Floor, Dimensions: 12 x 15
  • Dining Room Floor Covering: Linoleum
  • Family Room: On 1st Floor, Dimensions: 15 x 17
  • Family Room Floor Covering: Carpet
  • Kitchen: On 1st Floor, Dimensions: 9 x 8
  • Kitchen Floor Covering: Linoleum
  • Living Room: On 1st Floor, Dimensions: 26 x 14
  • Living Room Floor Covering: Wood
  • Below Grade Sq Ft: 936
  • Above Grade Finished Sq Ft: 1944
  • Total Finished Sq Ft: 1944

Exterior Features

  • Exterior: Wood
  • Exterior Features: Deck
  • Foundation: Basement, Crawl
  • Frontage: 100
  • Lake Name: Powell Lake
  • Road: City/County, Paved Street, Year Round
  • Water Features: All Sports Lake, Lake Frontage, Waterfront, Interior Lake, Sandy Bottom
  • Waterfront: Yes
  • Out Buildings: Garage(s)
  • Frontage Type: Water

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2
  • Parking: 3 or More Spaces, Garage
  • Garage: Yes

Utilities

  • Heating Fuel: Electric, Wood
  • Sewer: Septic
  • Water: Drilled Well
  • Water Heater: Electric

Lot Info

  • Assessor Parcel Number: 02-006-540-006-00
  • Zoning: Residential
  • Lot Dimensions: 100x147x123x171
  • Acreage: 0.41
  • Geo Subdivision: MI
  • Site/Lot Features: Subdivision, Platted

Tax Info

  • Summer Tax: Year: 2024, Amount: $1,197.00
  • Winter Tax: Year: 2024, Amount: $939.00
  • Total Tax: Year: 2024, Amount: $2,136.00

MLS Schools

  • School District: Munising Public Schools

Map

Range of Values:

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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,136 $48,500 $0 $0
2024 $1,197 $82,600 $0 $0
2023 $886 $76,700 $0 $0
2022 $765 $70,500 $0 $0
2021 $1,290 $70,500 $0 $0
2020 $1,254 $81,000 $0 $0
2019 $1,193 $71,100 $0 $0
2018 $1,152 $66,900 $0 $0
2017 $984 $62,500 $0 $0
2016 $980 $62,500 $0 $0
2015 $1,116 $62,500 $0 $0
2014 $1,116 $62,500 $0 $0
2013 $1,074 $63,100 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 Price Changed $180,000 -9.5% $93 / Sq Ft
05/03/2025 05/03/25 For Sale $199,000 -- $102 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50173756

Upper Peninsula Association of REALTORS®

APN: 02-006-540-006-00