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3931 Forest Rd, Oscoda, MI, 48750

3beds
2baths
1,456sqft
$199,900
$137price/sqft
$1,559/moest. monthly cost
$62,360/yrincome needed

About This Home

Well maintained three bedroom home located just minutes from town and the AuSable River. Knotty pine living and dining area provides a warm "Up North" feel when you enter the home. Nice open floor plan with the main bedroom on one end of the home with the remaining two bedrooms at the other end. The main bedroom has a private bath while the two other bedrooms share another. Stove, refrigerator, washer and dryer are included with the sale. Another bonus to this location is the wildlife. Deer and turkey are found in the neighborhood. If viewing wildlife is a hobby, this location will meet your needs. Oscoda offers many recreational opportunities. The ORV trail head off Grass Lake Rd. is just a short ride from this location, as is Foote Pond and VanEtten Lake. If golf is your game, Lakewood Shores Golf Resort is sure to please! Should you be looking for a cottage in the north or year around living, this may be the one!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

6/10
8/10
Oscoda Area High SchoolGrades 7-122.7 mi

Construction

Condition

  • Year built: 1984

Materials

  • Roof: Asphalt

Type & Style

  • Home type: SingleFamily

Interior

Appliances

  • Appliances included: Dryer,Range / Oven,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Tile,Carpet,Laminate

Heating

  • Heating features: Forced air,Gas

Interior Area

  • Total interior livable area: 1,456 sqft

Property

Details

  • Parcel number: 021T3000001700

Features

  • Exterior features: Shingle,Vinyl

Lot

  • Lot size: 0.43 Acres

Parking

  • Parking features: Garage - Attached

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Hail
    HailModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Winter Weather
Cold Wave
Inland Flooding
Lightning
Strong Wind
Hail
Tornado
Tsunami

FEMA Declared Disasters in Iosco County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,010$12,120
Home Insurance *$105$1,260
Property Taxes $256$3,072
Electricity $188$2,259
Total$1,559$18,708
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$53,451/yr
40% on housing$46,770/yr
45% on housing$41,573/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.4%
9.4%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.1%
1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$137This listing

vs Other Active Listings

Avg $/sqft

ZIP 48750$142
Iosco County$138

vs Homes Sold Last Month

Median $/sqft

ZIP 48750
Iosco County$137

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-11-01Price change$219,000
2025-10-05Price change$228,000
2025-09-10Listed for sale$240,000
2018-06-29Sold$51,900
2018-06-21Pending sale$54,900
2018-04-03Listed for sale$54,900
2017-11-04Listing removed$59,500
2017-05-03Listed for sale$59,500

For Sale by Owner

AgentProperty Owner

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