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615 Wilson Ave, Iron River, MI, 49935

4beds
1baths
1,320sqft
$89,900
$68price/sqft
$766/moest. monthly cost
$30,640/yrincome needed

About This Home

Discover the perfect blend of indoor comfort and outdoor freedom in this charming 4 bedroom home. Situated on an expansive double lot, this property offers rare "elbow room" on the edge of town. Whether you need a sun-drenched creative studio, a quiet study area, or a dedicated remote office, the flexible main-floor layout adapts to your life. Upstairs, find a cozy retreat with functional flow and ample natural light. Step outside to your private backyard oasis—ideal for gardening, entertaining, or even future expansion. Complete with a convenient 1-car detached garage for extra storage, this is a fantastic, affordable opportunity to plant your roots and grow.

Getting Around

14
WalkingCar-Dependent
0
TransitVery Limited Transit
19
BikeSomewhat Bikeable

Schools

4/10
6/10

Construction

Condition

  • Year built: 1950

Materials

  • Foundation: Basement,Stone
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Conventional Frame
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Range/Oven,Refrigerator,Washer,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Block,Stone

Bathroom1

  • Level: First
  • Area: 50

Bedroom1

  • Level: First
  • Area: 100

Bedroom2

  • Level: Second
  • Area: 156

Bedroom3

  • Level: Second
  • Area: 209

Bedroom4

  • Level: Second
  • Area: 72

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: First
  • Area: 130

Features

  • Walk-In Closet(s)
  • Finished area below ground: 0
  • Finished area above ground: 1,320

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 1,980
  • Total interior livable area: 1,320 sqft

Kitchen

  • Level: First
  • Area: 110

Living Room

  • Level: First
  • Area: 143

Office

  • Level: First
  • Area: 90

Property

Details

  • Parcel number: 05523500100
  • Special condition: Private,Standard

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: None
  • Waterfront features: None
  • Frontage type: Road
  • Frontage length: 66

Lot

  • Lot size: 8,712 sqft
  • Lot size dimensions: 66 x 135

Parking

  • Total spaces: 1
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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

  • Cold Wave
    Cold WaveVery High
  • Hail
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Hail
Lightning
Winter Weather
Strong Wind

FEMA Declared Disasters in Iron 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 $454$5,448
Home Insurance *$46$552
Property Taxes $78$936
Electricity $188$2,259
Total$766$9,192
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$26,262/yr
40% on housing$22,980/yr
45% on housing$20,426/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: 4.7%
4.7%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: -2.5%
-2.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$68This listing

vs Other Active Listings

Avg $/sqft

ZIP 49935$91
Iron County$98

vs Homes Sold Last Month

Median $/sqft

ZIP 49935
Iron County$162

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)

No zestimate history available

Price History

DateEventPrice
2026-04-10Listed for sale$89,900
2002-08-12Sold$1,500

For Sale by Agent

AgentDAWN MARGONI
BrokerageSTEPHENS REAL ESTATE-IRON RIVER

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