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172 E Lincoln Ave, Cheboygan, MI, 49721

4beds
1baths
1,225sqft
$185,000
$151price/sqft
$1,477/moest. monthly cost
$59,080/yrincome needed

About This Home

4 BEDROOM WELL MAINTAINED HOME located on a double lot with a garden area. This spacious property offers plenty of room for comfortable living and outdoor activities. It is conveniently situated near shopping, schools, and bike/snowmobile trails, making it an ideal choice for families or anyone who enjoys an active lifestyle. Don't miss out on this great opportunity

Getting Around

46
WalkingCar-Dependent
0
TransitVery Limited Transit
46
BikeSomewhat Bikeable

Schools

--
East Elementary SchoolGrades K-30.6 mi
6/10
7/10

Construction

Materials

  • Foundation: Crawl

Type & Style

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

Interior

Appliances

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

Basement

  • Basement: None

Bedrooms & Bathrooms

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

Features

  • Finished area above ground: 1,225

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total structure area: 1,225
  • Total interior livable area: 1,225 sqft

Property

Details

  • Parcel number: 05200620100200

Features

  • Stories: 1
  • Patio & porch: Patio/Porch
  • Exterior features: Garden
  • Frontage type: None

Lot

  • Lot size: 0.38 Acres
  • Lot size dimensions: 165 x 100

Parking

  • Parking features: Garage
  • Has garage: Yes

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 WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Lightning
Winter Weather
Tsunami

FEMA Declared Disasters in Cheboygan 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 $935$11,220
Home Insurance *$113$1,356
Property Taxes $241$2,892
Electricity $188$2,259
Total$1,477$17,724
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$50,640/yr
40% on housing$44,310/yr
45% on housing$39,386/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: 8.1%
8.1%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$151This listing

vs Other Active Listings

Avg $/sqft

ZIP 49721$207
Cheboygan County$204

vs Homes Sold Last Month

Median $/sqft

ZIP 49721
Cheboygan 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)

No zestimate history available

Price History

DateEventPrice
2024-08-14Listed for sale$187,000

For Sale by Agent

AgentTerry Hecko
BrokerageBerkshire Hathaway Homeservices Indian River

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