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N4178 Powell Lake Rd, Wetmore, MI, 49895

$225,000

Home List Price

$2,672*

Closing Credit

5 Bedrooms
2 Full Baths
1,500 SqFt
$150/SqFt
House

Location

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N4178 Powell Lake Rd, Wetmore$225,000

Buyer Closing Credits

$2,672*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking3 or More Spaces
Garage2 spaces
Year Built1965
HeatingWood, Other
CoolingNone
BasementYes
WaterfrontLake, Lake Front, Waterfront, Beach, Sandy Bottom
ViewLake, Water
MLS #50131679
Lot Size0.41 Acres
StatusActive

About N4178 Powell Lake Rd

DESIRABLE POWELL LAKE! Year- round paved road and only a short distance from Munising. This lake is in the heart of the woods, but with all the conveniences you want. The cottage needs a little of your time which will turn into a great investment. Floor plan consists of a large lake side living room (25x14) with old hardwood floors that would look beautiful resurfaced. Family room with sliding doors to the deck. Kitchen and spacious dining area, 2 bathrooms and 5 bedrooms! So much space for you to fix up and make it your own! There is also a large loft area (not included in square footage), very usable space. Partial block foundation basement for great storage. 28x30 detached garage, drilled well and septic. Nicely situated with a gradual approach to the 100’ of beautiful frontage. Great swimming and fishing lake! Let your imagination run wild! House sold "AS IS" condition.

Property Details

Property Features

Property Information:

  • Year Built: 1965
  • Stories: 1
  • Living Area: 1,500 SqFt

Listing Office:

  • Office Name: RE/MAX SUPERIORLAND
  • Office Phone: (906) 387-4530
  • Listing Agent: AMY SCHIEDING

Interior Features

Interior Information:

  • Appliances: Other
  • Basement: Yes
  • Interior: DSL Available, Hardwood Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

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

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: 3 or More Spaces

Lot Features

Lot Information:

  • Lot Size: 0.41 Acres

Utilities

Utilities Information:

  • Heating: Wood, Other
  • Cooling: None

School Info

School District Information:

  • School District: Munising Public Schools

Other

Directions Information:

  • Directions: At intersection M28 and Hwy 13 head south on Hwy 13 (about 6 miles) - turn right. Follow road til "Y" in road by the mail boxes - continue straight, house will be on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $225,000
  • Price Per SqFt: $150/SqFt

Tax Information:

  • Annual Amount: $1,298
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Wetmore, MI.

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Wetmore, MI

City

Med. List Price

$362K

Med. Price/SqFt

$278

Avg. Days On Market

216

N4178 Powell Lake Rd vs Wetmore

308 DAYS ON ROCKET

+92 Days

$225,000

-$137K Less

$150/SqFt

-$128 Less

KEY TAKEAWAY

This property is $137K less than the Median List Price and $128/SqFt less than other homes in Wetmore, MI.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Upper Peninsula Assoc of Realtors
  • MLS Number: #50131679

Listing Office:

  • Office Name: RE/MAX SUPERIORLAND
  • Office Phone: (906) 387-4530
  • Listing Agent: AMY SCHIEDING

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: 11/21/2024, 2:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,298$70,500
2020$1,193$81,000
2019$1,140$71,100
2018$984$66,900
2017$1,116$62,500

History based on county public records data.

Payment Calculator

$1,190

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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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-316490
6
/10

  • William G Mather Elementary School

  • 411 Elm Ave

  • 7.16 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,130. Typical income of Wetmore, MI residents is between $35k-100k annually. Residents typically live in married, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About N4178 Powell Lake Rd

What is the listing price of this property?

The listing price of N4178 Powell Lake Rd property is $225,000.

What type of property is this?

The property N4178 Powell Lake Rd is a house located in Wetmore, Michigan, 49895.

Is this property for sale now?

Active Listing: N4178 Powell Lake Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,298 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at N4178 Powell Lake Rd has 5 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property N4178 Powell Lake Rd is 1,500 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for N4178 Powell Lake Rd is 1965.

Rocket Homes›Michigan›Alger County›Wetmore›49895›N4178 Powell Lake Rd

This home is located at N4178 Powell Lake Rd in Wetmore, MI and zip code 49895. This 1,500 square foot home, which was built in 1965, sits on a 0.41 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 18, 2024 and is currently priced at $225,000.

In October 2024 in Wetmore, MI there were 11.1% less homes for sale than in September 2024. The median list price of listings available in October 2024 was $362,000, while the average time on the real estate market was 216 days.

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

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