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6810 Banks Ave, Onaway, MI, 49765

1beds
1baths
580sqft
$69,900
$121price/sqft
$607/moest. monthly cost
$24,280/yrincome needed

About This Home

Perfect location if you're looking for an Up North Retreat, close to Tower Pond, Kleiber Pond, State Land, hunting and fishing. This one bedroom cabin offers a pull down staircase for additional storage. Great size yard for relaxing and entertainment. Walking distance to Tower Pond and boat landing.

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

3/10
Onaway Elementary SchoolGrades K-53.6 mi
5/10
Onaway Middle SchoolGrades 6-83.6 mi
4/10
Onaway Senior High SchoolGrades 9-123.6 mi

Construction

Condition

  • Property condition: Fixer

Materials

  • Foundation: Crawl

Type & Style

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

Interior

Appliances

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

Basement

  • Basement: None

Bedrooms & Bathrooms

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

Features

  • Ceiling Fan(s)
  • Window features: Drapes
  • Flooring: Hardwood
  • Finished area above ground: 580

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total structure area: 580
  • Total interior livable area: 580 sqft

Property

Details

  • Parcel number: 231V0500600100

Features

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

Lot

  • Lot size: 10,018 sqft
  • Lot size dimensions: 120 x 100

Parking

  • Parking features: RV Access/Parking

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
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Hail
Lightning
Strong Wind
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 $353$4,236
Home Insurance *$40$480
Property Taxes $26$312
Electricity $188$2,259
Total$607$7,284
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$20,811/yr
40% on housing$18,210/yr
45% on housing$16,186/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

$121This listing

vs Other Active Listings

Avg $/sqft

ZIP 49765$89
Cheboygan County$206

vs Homes Sold Last Month

Median $/sqft

ZIP 49765
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
2026-08-14Price change$66,000
2026-07-27Listed for sale$69,900

For Sale by Agent

AgentDebbie J Artrip
BrokerageCardinal Real Estate

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