18020 Lake Rd Pelkie, MI 49958
Estimated payment $1,733/month
Total Views
4,947
2
Beds
1
Bath
1,209
Sq Ft
$245
Price per Sq Ft
Highlights
- 40 Acre Lot
- Farm
- 2 Car Detached Garage
- Houghton Elementary School Rated A
- Wood Flooring
- Eat-In Kitchen
About This Home
Location, location, location! Here is a charming 2-bedroom farmhouse/hobby farm in Tapiola! This wonderful 40-acre property offers approximately 30 acres of open fields and 5 acres of wooded land. This location is truly fantastic, being less than a mile from Otter Lake, with a public boat launch, great kayaking and fishing. The natural beauty of this area is undeniable. As you enter, you'll find a spacious and thoughtfully designed kitchen (updated in 2014), along with the bathroom, living room, and sitting/dining room. The front of the house includes a large enclosed porch, part of which has been converted into an additional (3rd) bedroom. The home received new insulation in 2024 along with new entry doors. Upstairs, you'll find two bedrooms and a landing area that could potentially be converted into a half bath. Outside, the property includes a convenient two-car garage and a large working barn. The current owners have cattle on the land. A significant feature is the large solar panel system installed on the south-facing roof of the barn. While the system doesn't include batteries, it has provided the owners with electricity for the Ontonagon REA minimum of $30 per month, as REA offers a dollar-for-dollar credit for each unit of electricity produced. Impressively, the panels have generated enough electricity for a family of four. The roof of the house was replaced in 2015. The property also boasts raspberries, blueberries, a peach and cherry tree and numerous apple trees (Cortland, Honey crisp, Yellow Transparent and others), all organically grown. Motivated Sellers! Please note that all showing requests require 24-hour notice.
Home Details
Home Type
- Single Family
Est. Annual Taxes
Year Built
- Built in 1900
Lot Details
- 40 Acre Lot
- Lot Dimensions are 1320x1320
- Rural Setting
Parking
- 2 Car Detached Garage
Home Design
- Frame Construction
- Vinyl Siding
Interior Spaces
- 1,209 Sq Ft Home
- 2-Story Property
- Entryway
- Living Room
- Wood Flooring
- Basement
- Michigan Basement
Kitchen
- Eat-In Kitchen
- Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Outdoor Features
- Shed
Farming
- Hay Barn
- Farm
Utilities
- Forced Air Heating System
- Heating System Uses Propane
- Electric Water Heater
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 010-010-018-00
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $1,275 | $73,554 | $0 | $0 |
| 2023 | $1,216 | $62,659 | $0 | $0 |
| 2022 | $2,021 | $60,633 | $0 | $0 |
| 2021 | $1,983 | $57,172 | $0 | $0 |
| 2020 | $1,823 | $55,482 | $0 | $0 |
| 2019 | $1,790 | $55,317 | $0 | $0 |
| 2018 | $1,743 | $51,561 | $0 | $0 |
| 2017 | $1,638 | $52,754 | $0 | $0 |
| 2016 | -- | $52,092 | $0 | $0 |
| 2015 | -- | $51,688 | $0 | $0 |
| 2014 | -- | $49,274 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/05/2025 06/05/25 | Price Changed | $296,000 | -8.9% | $245 / Sq Ft |
| 05/15/2025 05/15/25 | For Sale | $325,000 | -- | $269 / Sq Ft |
Source: Upper Peninsula Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $85,000 | -- |
Source: Public Records
Similar Home in Pelkie, MI
Source: Upper Peninsula Association of REALTORS®
MLS Number: 50175072
APN: 010-010-018-00
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