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2449 E 3rd St, Prescott, MI, 48756

1beds
1baths
740sqft
$68,000
$92price/sqft
$642/moest. monthly cost
$25,680/yrincome needed

About This Home

This charming 740 sq. ft. home would make a wonderful starter home or cozy up-north cottage! Featuring fresh paint and brand-new carpeting, this home is ready for its new owners. Located just a short walk from beautiful Skidway Lake, you can enjoy nearby outdoor recreation and lake activities. The property has its own well and septic system and offers plenty of storage with two backyard sheds plus additional storage on the porch. Cute, affordable, and full of potential—come take a look!

Getting Around

14
WalkingCar-Dependent
0
TransitVery Limited Transit
32
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1960

Materials

  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Basement

  • Basement: Crawl Space

Bathroom1

  • Level: Main

Bedroom1

  • Features: Carpet
  • Level: Main
  • Area: 150

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • Flooring: Carpet,Linoleum
  • Finished area below ground: 0
  • Finished area above ground: 740

Heating

  • Heating features: Wall Furnace,Natural Gas

Interior Area

  • Total structure area: 740
  • Total interior livable area: 740 sqft

Kitchen

  • Features: Linoleum
  • Level: Main
  • Area: 1

Living Room

  • Features: Carpet
  • Level: Main
  • Area: 560

Property

Details

  • Parcel number: 01008020600
  • Special condition: Private

Features

  • Levels: One
  • Stories: 1
  • Frontage type: Road
  • Frontage length: 34

Lot

  • Lot size: 5,227 sqft
  • Lot size dimensions: 34 x 131

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

  • Hail
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate

How This Home’s Risks Compare

Hail
Lightning
Strong Wind
Winter Weather
Cold Wave

FEMA Declared Disasters in Ogemaw 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 $343$4,116
Home Insurance *$60$720
Property Taxes $51$612
Electricity $188$2,259
Total$642$7,704
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$22,011/yr
40% on housing$19,260/yr
45% on housing$17,120/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: 9.1%
9.1%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.2%
0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$92This listing

vs Other Active Listings

Avg $/sqft

ZIP 48756$71
Ogemaw County$102

vs Homes Sold Last Month

Median $/sqft

ZIP 48756
Ogemaw County$104

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
2026-07-15Listed for sale$68,000

For Sale by Agent

AgentConnie J Allen
BrokerageCentury 21 Signature Realty - Bay City

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