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3481 Coolwater Ave, Johannesburg, MI, 49751

3beds
2baths
1,536sqft
$215,000
$140price/sqft
$1,604/moest. monthly cost
$64,160/yrincome needed

About This Home

Don't miss out on this super cute home! 3 bedroom/1.5 bathroom remodeled home! Private all sports Lake Louise access is only one tenth of a mile down the road! New Furnace October 2023! Open concept living, kitchen and dining! New Kitchen features bright white cabinets with live edge butcher block countertops including all new appliances. Large bedrooms upstairs with walk-in closet storage. Pantry updated in 2026. Located in a quiet neighborhood perfect for taking walks and riding bikes this will be a great year round or vacation home! Only 11 miles to downtown Gaylord, 8 miles to Treetops and 11 miles to Otsego Resort.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Construction

Condition

  • Year built: 1977

Materials

  • Roof: Other

Type & Style

  • Home type: SingleFamily

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Freezer,Microwave,Range / Oven,Refrigerator,Washer
  • Laundry features: Main Level

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Walk - In Closet

Heating

  • Heating features: Forced air,Gas

Interior Area

  • Total interior livable area: 1,536 sqft

Property

Details

  • Parcel number: 03220000005500

Features

  • Exterior features: Shingle,Wood

Lot

  • Lot size: 0.25 Acres

Parking

  • Total spaces: 1
  • Parking features: Garage - Detached

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

  • Lightning
    LightningRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Lightning
Cold Wave
Hail
Strong Wind

FEMA Declared Disasters in Otsego 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 $1,087$13,044
Home Insurance *$93$1,116
Property Taxes $236$2,832
Electricity $188$2,259
Total$1,604$19,248
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$54,994/yr
40% on housing$48,120/yr
45% on housing$42,773/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: 5.0%
5.0%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: -2.8%
-2.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$140This listing

vs Other Active Listings

Avg $/sqft

ZIP 49751$142
Otsego County$204

vs Homes Sold Last Month

Median $/sqft

ZIP 49751
Otsego County$131

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
2026-07-01Listed for sale$215,000
2024-05-29Sold$185,000
2024-05-23Pending sale$208,000
2024-04-25Price change$208,000
2024-04-05Listed for sale$219,900
2023-10-03Listing removed--
2023-09-15Price change$220,000
2023-08-29Listed for sale$225,000
2023-08-28Listing removed--
2023-08-03Listed for sale$229,900
2022-02-04Sold$99,840
2021-12-13Price change$110,000
2021-09-24Price change$115,000
2021-06-29Price change$120,000
2021-06-11Listed for sale$124,000
2014-06-25Sold$44,900
2014-04-12Listed for sale$39,900
2013-12-16Listing removed$44,900
2013-10-02Price change$44,900
2013-09-28Price change$49,500
2013-08-21Price change$52,000
2013-07-03Listed for sale$57,900

For Sale by Owner

AgentProperty Owner

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