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2557 Lake Ottawa Rd, Iron River, MI, 49935

$289,900

Home List Price

$3,443*

Closing Credit

3 Bedrooms
1 Full Bath
1,120 SqFt
$259/SqFt
House

Location

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2557 Lake Ottawa Rd, Iron River$289,900

Buyer Closing Credits

$3,443*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage2 spaces
Year Built1970
HeatingPropane, Forced Air
CoolingNone
BasementYes
WaterfrontLake Front, Waterfront
FireplaceLivRoom Fireplace, Wood Burning
ViewLake, Water
MLS #50148995
Lot Size33.60 Acres
StatusActive
(Keep Showing-Contgcy Appl)

About 2557 Lake Ottawa Rd

Check out this off grid home that sits on 33 acres of land! This home is located on Bennan Lake which is close to Lake Ottawa. Ottawa National forest is located on two sides of this parcel. This property is very private and Bennan Lake only has a couple private property owners on the lake. Home has a great deck for entertaining, screened in covered porch with storage underneath. First floor hosts a kitchen, formal dining room, living room with a wood burning fireplace, two bedrooms, and a full bath. Downstairs has a drive under garage that was converted into a work shop, an unfinished family room, unfinished bedroom, in the workshop room/laundry area there is the utility area which has the furnace, battery bank for the solar and the Kohler home generator. This home has a well, septic, and solar power/Kohler whole home generator. Seller currently accesses the property on a Federal Forest Road 3119. She does renew a road permit annually. This home is located 6 miles from Downtown Iron River. Don't let this property pass you by. Call to schedule an appointment today!

Property Details

Property Features

Property Information:

  • Year Built: 1970
  • Stories: 1
  • Living Area: 1,120 SqFt

Listing Office:

  • Office Name: STEPHENS REAL ESTATE-IRON RIVER
  • Office Phone: (906) 265-7325
  • Listing Agent: STEPHEN REMONDINI

Interior Features

Interior Information:

  • Appliances: Dryer, Microwave, Range, Oven, Washer
  • Basement: Yes
  • Interior: Skylights, None (InteriorFeatures)
  • Fireplace: LivRoom Fireplace, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake Front, Waterfront
  • View: Lake, Water
  • Exterior: None (ExteriorFeatures)

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Trees
  • Lot Size: 33.60 Acres

Utilities

Utilities Information:

  • Heating: Propane, Forced Air
  • Cooling: None

School Info

School District Information:

  • School District: West Iron County School District

Other

Directions Information:

  • Directions: From Iron River head West on US2. Turn left onto Highway M 73. Turn right onto Lake Ottawa Road. Turn Left onto Forest Road 3119. Continue straight to gate on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $289,900
  • Price Per SqFt: $259/SqFt
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Housing Market Comparison

See how this home compares to others in Iron River, MI.

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Iron River, MI

City

Med. Sold Price

$87.5K

Med. Price/SqFt

$70

Avg. Days On Market

36

# of Sold Homes

6

2557 Lake Ottawa Rd vs Iron River

153 DAYS ON ROCKET

+117 Days

$289,900

+$202.4K More

$259/SqFt

+$189 More

KEY TAKEAWAY

This property is $202.4K more than the Median Sold Price and $189/SqFt more than other homes in Iron River, MI.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Name: Upper Peninsula Assoc of Realtors
  • MLS Number: #50148995

Listing Office:

  • Office Name: STEPHENS REAL ESTATE-IRON RIVER
  • Office Phone: (906) 265-7325
  • Listing Agent: STEPHEN REMONDINI

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/19/2024, 3:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 26, 2008Home Sold
$250,000

Tax History

YEARPROP. TAXASSESSMENT
2021 - $113,814
2020 - $105,161
2019 - $106,151
2018 - $101,700

History based on county public records data.

Payment Calculator

$1,514

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$936

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-152015
3
/10

  • Stambaugh Elementary School

  • 700 Washington Ave

  • 2.77 miles

  • Public District Grades PK-6

school-card-donut-152016
5
/10

  • Florence Elementary School

  • 5844 Bill Anderson Dr

  • 23.83 miles

  • Public District Grades PK-6

school-card-donut-152017
4
/10

  • Northland Pines Elementary-Eagle River

  • 1700 Pleasure Island Rd

  • 29.00 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,500. The majority of Iron River, MI residents have income between $35k-100k annually. Most families are married, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2557 Lake Ottawa Rd

What is the listing price of this property?

The listing price of 2557 Lake Ottawa Rd property is $289,900.

What type of property is this?

The property 2557 Lake Ottawa Rd is a house located in Iron River, Michigan, 49935.

Is this property for sale now?

Active Listing: 2557 Lake Ottawa Rd is For Sale (Active/New) which means the seller is accepting offers.

When was this property sold last time and for how much?

The last sale was on February 26, 2008 for $250,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2557 Lake Ottawa Rd has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 2557 Lake Ottawa Rd is 1,120 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2557 Lake Ottawa Rd is 1970.

Rocket Homes›Michigan›Iron County›Iron River›49935›2557 Lake Ottawa Rd

This home is located at 2557 Lake Ottawa Rd in Iron River, MI and zip code 49935. This 1,120 square foot home, which was built in 1970, sits on a 33.60 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 18, 2024 and is currently priced at $289,900.

In November 2024 more than 0 listings in Iron River, MI were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 4 were sold below. Between October 2024 and November 2024, Iron River, MI real estate market has seen decrease in the number of listings by 15.6%. In November 2024, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $87,500.

From Rocket Homes Real Estate and based on county public records data.

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