Charming 2-bedroom, 1-bath home offering a comfortable and functional layout! This property features a partial basement providing additional storage space, along with a detached shed for all your outdoor equipment needs. Recent updates include some newer windows, a newer furnace, and a newer water heater, helping to enhance efficiency and peace of mind. Whether you're looking for a starter home, investment property, or downsizing opportunity, this home offers great potential at an affordable price.
Contingent
$89,900
515 E Margaret St, Iron Mountain, MI 49801
2beds
1,232sqft
Est.:
Single Family Residence
Built in 1889
6,098.4 Square Feet Lot
$-- Zestimate®
$73/sqft
$-- HOA
What's special
Newer water heaterNewer furnaceNewer windowsComfortable and functional layout
- 6 days |
- 600 |
- 25 |
Zillow last checked: 7 hours ago
Listing updated: March 31, 2026 at 12:03pm
Listed by:
NICOLLETTE HANSON 715-889-0643,
COLDWELL BANKER REAL ESTATE GROUP 906-774-1300
Source: Upper Peninsula AOR,MLS#: 50202595
Originating MLS: Upper Peninsula Assoc of Realtors
Originating MLS: Upper Peninsula Assoc of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Level: First
- Area: 168
- Dimensions: 12 x 14
Bedroom 2
- Level: Second
- Area: 360
- Dimensions: 18 x 20
Bathroom 1
- Level: First
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher, Range/Oven, Refrigerator, Electric Water Heater
Features
- None
- Basement: MI Basement,Michigan Basement
- Has fireplace: No
Interior area
- Total structure area: 1,864
- Total interior livable area: 1,232 sqft
- Finished area above ground: 1,232
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: 2 Spaces
Accessibility
- Accessibility features: Accessible Bedroom, Accessible Main Flr Bath, Accessible Entrance
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
- Waterfront features: None
- Frontage type: Road
- Frontage length: 50
Lot
- Size: 6,098.4 Square Feet
- Dimensions: .14
- Features: City Lot
Details
- Additional structures: Shed(s)
- Parcel number: 05110117000
- Zoning description: Residential
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Foundation: Basement
Condition
- New construction: No
- Year built: 1889
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sanitary
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: N/A
HOA
- Has HOA: No
Location
- Region: Iron Mountain
Financial & listing details
- Price per square foot: $73/sqft
- Tax assessed value: $68,200
- Annual tax amount: $1,605
- Date on market: 3/26/2026
- Cumulative days on market: 7 days
- Listing terms: Cash,Conventional
- Ownership: Corporation
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,196/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/26/2026 | Listed for sale | $89,900+156.9%$73/sqft |
Source:  Upper Peninsula AOR #50202595 Report a problem | ||
| 4/1/2014 | Sold | $35,000-13.6%$28/sqft |
Source: Upper Peninsula AOR #10008840 Report a problem | ||
| 5/31/2013 | Listed for sale | $40,500$33/sqft |
Source: WILD RIVERS REALTY-IM #1072960 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,545 +5.7% | $34,100 +11.1% |
| 2024 | $1,461 +5% | $30,700 +20.4% |
| 2023 | $1,391 +3.3% | $25,500 +6.7% |
| 2022 | $1,347 | $23,900 +4.8% |
| 2021 | -- | $22,800 +6% |
| 2020 | $990 | $21,500 +3.9% |
| 2019 | -- | $20,700 |
| 2018 | -- | $20,700 +1% |
| 2017 | -- | $20,500 -1.4% |
| 2016 | -- | $20,800 |
| 2014 | -- | $20,800 +5.6% |
| 2012 | -- | $19,700 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$574/mo
Principal & interest
$464
Property taxes
$110
More affordability tools
Climate risks
Neighborhood: 49801
Nearby schools
GreatSchools rating
- 5/10North Elementary SchoolGrades: K-4Distance: 0.4 mi
- 8/10Central Middle SchoolGrades: 7-8Distance: 1.1 mi
- 8/10Iron Mountain High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- District: Iron Mountain City School District
Source: Upper Peninsula AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 49801
- Michigan
- Dickinson County
- Iron Mountain
- 49801
- 515 E Margaret St
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