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8121 Colorado St Unit C, Oscoda, MI, 48750

4beds
2baths
1,404sqft
$109,000
$78price/sqft
$875/moest. monthly cost
$35,000/yrincome needed

About This Home

This appealing 4-bedroom, 1.5-bath home offers 1,404 square feet of living space plus a 729 square -foot unfinished basement, providing plenty of room to grow, relax, or invest. Tucked against a peaceful wooded backdrop, the backyard opens directly to scenic trails leading to the Ausable River--perfect for nature lovers and outdoor enthusiasts. Inside, you'll find original pecan flooring that adds warmth and character, along with natural gas forced-air heating and central A/C for year-round comfort. Step outside to a small concrete patio, ideal for quiet mornings or evening gatherings surrounded by nature. This home does need a bit of TLC, but with the right vision, it has incredible potential to become something truly special. Whether you're looking for a first home, a summer getaway, or a smart investment property, this is an opportunity you won't want to miss. Additional highlights include a garage and low HOA fees of just $77/month. Bring your ideas and make this hidden gem your own! Seller says bring me a reasonable offer!!

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

6/10
8/10
Oscoda Area High SchoolGrades 7-121.5 mi

Construction

Condition

  • Year built: 1960

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,404
  • Total interior livable area: 1,404 sqft

Property

Details

  • Parcel number: 066O7000033300

Parking

  • Total spaces: 1
  • Parking features: Other

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 WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Winter Weather
Cold Wave
Lightning
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 $551$6,612
Home Insurance *$57$684
Property Taxes $79$948
Electricity $188$2,259
Total$875$10,500
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$30,000/yr
40% on housing$26,250/yr
45% on housing$23,333/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

$78This listing

vs Other Active Listings

Avg $/sqft

ZIP 48750$144
Iosco County$139

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
2026-04-12Listed for sale$109,000
2025-10-14Listing removed$112,000
2025-07-15Listed for sale$112,000
2024-12-09Listing removed$115,000
2024-05-12Listed for sale$115,000
2022-05-03Sold$89,900
2007-05-18Sold$60,000

For Sale by Agent

AgentDebbie Lewis
BrokerageAbram Realty

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