NOT LISTED FOR SALE

N4191 E Powell Lake Rd Wetmore, MI 49895

Estimated Value: $184,000 - $200,860

1 Bed
1 Bath
595 Sq Ft
$322/Sq Ft Est. Value

Last Sold August 18, 2022

Last sale price $175,000 $294 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,097/month

5 Days on Market

Highlights

  • Lake Front
  • Wood Flooring
  • Loft
  • Wooded Lot
  • Main Floor Bedroom
  • Sun or Florida Room

About This Home

As of August 2022

This seasonal, turn-key, cottage retains some of yesteryear's charm coupled with today's modern conveniences. It sits high on a bluff within a private, wooded, setting. The screened-in porch provides the best seat in the house -- except, of course, those experienced while seated inside around a crackling fire. There is a sizeable main floor bedroom (which was added in 1961) and a loft for overflow. The interior is timeless and classic with knotty pine walls, sustainable wood floors, and solid wood doors. The landscape consists of natural foliage and ferns, with the native lake shore accessible by a rustic wooden staircase.

Last Agent to Sell the Property

Cheryl Cox

RE/MAX SUPERIORLAND License #UPAR Listed on: 07/21/2022

RE/MAX SUPERIORLAND

Last Buyer's Agent

SHERRY MCCARTHY

SELECT REALTY License #UPAR

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 1.11 Acre Lot
  • Lot Dimensions are 200.6x264.1x200.6x241.4
  • Lake Front
  • Sloped Lot
  • Wooded Lot

Parking

  • 2 Car Parking Spaces

Home Design

  • Bungalow
  • Wood Siding

Interior Spaces

  • 595 Sq Ft Home
  • 1.5-Story Property
  • Bar Fridge
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Loft
  • Sun or Florida Room
  • Oven or Range
  • Laundry Room

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Shed

Utilities

  • Heating System Uses Wood
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 02-006-540-045-00/046-00

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

1.11 Acres

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Bungalow
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 1570.65
  • Total Tax Year: 2021
  • Year Built: 1900
  • Mail City: Wetmore
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Hardwood Floors
  • Appliances: Bar-Refrigerator, Range/Oven
  • Fireplace: Yes
  • Fireplaces: Grt Rm Fireplace, LivRoom Fireplace
  • Basement: Yes
  • Basement: Block
  • Bedrooms: 1
  • Bedroom 1: On 1st Floor, Dimensions: 12 x 11
  • Bedroom 1 Floor Covering: Linoleum
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: Main
  • Room Types: First Floor Bedroom, Loft, Sun/Florida Room, Utility/Laundry Room, First Flr Full Bathroom
  • Great Room: On 1st Floor, Dimensions: 17 x 17
  • Great Room Floor Covering: Wood
  • Kitchen: On 1st Floor, Dimensions: 11 x 7
  • Kitchen Floor Covering: Wood
  • Living Room: On 1st Floor, Dimensions: 17 x 17
  • Living Room Floor Covering: Wood
  • Above Grade Finished Sq Ft: 595
  • Total Finished Sq Ft: 595

Exterior Features

  • Exterior: Wood
  • Foundation: Crawl
  • Frontage: 200
  • Lake Name: Powell Lake
  • Road: City/County, Year Round
  • Water Features: All Sports Lake, Waterfront, Interior Lake
  • Waterfront: Yes
  • Out Buildings: Shed
  • Frontage Type: Water

Garage/Parking

  • Parking: 2 Spaces
  • Garage: No

Utilities

  • Heating Fuel: Wood
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Electric

Lot Info

  • Assessor Parcel Number: 02-006-540-045-00/046-00
  • Lot Dimensions: 200.6x264.1x200.6x241.4
  • Acreage: 1.11
  • Geo Subdivision: MI
  • Site/Lot Features: Platted, Sloping, Wooded

Tax Info

  • Summer Tax: Year: 2021, Amount: $879.39
  • Winter Tax: Year: 2021, Amount: $691.26
  • Total Tax: Year: 2021, Amount: $1,570.65

MLS Schools

  • School District: Munising Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Aug 9, 2022
Sold by
Spencer Donald
Bought by
Forbes David L and Forbes Katherine R
Seller's Agent
Cheryl Cox
RE/MAX SUPERIORLAND
Buyer's Agent
SHERRY MCCARTHY
SELECT REALTY
List Price
$125,000
Sold Price
$175,000
Premium/Discount to List
$50,000
40%
Current Estimated Value
$191,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,620
Avg. Annual Appreciation
2.63%
Source: Public Records

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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Purchase History

Date Buyer Sale Price Title Company
Forbes David L $175,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2022 08/18/22 Sold $175,000 +40.0% $294 / Sq Ft
07/26/2022 07/26/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $125,000 -- $210 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

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 $1,323 $58,000 $0 $0
2024 $1,286 $49,600 $0 $0
2023 $1,227 $44,900 $0 $0
2022 $585 $41,800 $0 $0
2021 $1,044 $41,800 $0 $0
2020 $1,022 $46,800 $0 $0
2019 $985 $40,900 $0 $0
2018 $955 $45,400 $0 $0
2017 $869 $42,400 $0 $0
2016 $863 $42,400 $0 $0
2015 $919 $42,400 $0 $0
2014 $919 $42,400 $0 $0
2013 $893 $43,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Cheryl Cox

    RE/MAX SUPERIORLAND

    Section Image
  • SHERRY MCCARTHY

    Buyer's Agent in 2022

    SHERRY MCCARTHY

    SELECT REALTY

    (906) 235-9077

    190 Total Sales

    SHERRY MCCARTHY
    Section Image
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50083610

Upper Peninsula Association of REALTORS®

APN: 02-006-540-045-00

Michigan Alger County Wetmore 49895

N4191 E Powell Lake Rd, Wetmore, MI

Not Listed for Sale

Detached

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