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8435 Wolf Creek Rd, Herron, MI, 49744

0beds
0baths
2,700sqft
$400,000
$148price/sqft
$2,795/moest. monthly cost
$111,800/yrincome needed

About This Home

Properties like this come up once in a lifetime. Here is your opportunity to own 81 + acres with over 1000 ft of frontage on Wolf creek, combination of woods and tillable ground that has been previously leased. Buck rubs, and heavy deer sign throughout the property. Foundation with framed 2 story house and 2+ car attached garage waiting for someone's imagination on how to complete, or plenty of beautiful building sites overlooking Wolf Creek. You can hear the riffling water from the creek at the current building. There is a 135' drilled well close to the current structure without the pump system and a septic tank in the ground creek side of the structure.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
19
BikeSomewhat Bikeable

Schools

6/10
Wilson Community SchoolGrades K-53.5 mi
6/10
8/10
Alpena High SchoolGrades 8-1210.3 mi

Construction

Condition

  • Property condition: Under Construction,Fixer

Materials

  • Foundation: Basement

Type & Style

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

Interior

Appliances

  • Laundry features: None

Basement

  • Has basement: Yes
  • Basement: Full

Features

  • Finished area above ground: 1,600

Heating

  • Heating features: None

Interior Area

  • Total structure area: 2,700
  • Total interior livable area: 2,700 sqft

Property

Details

  • Parcel number: 08203200032000
  • Zoning: 101 Ag-improved
  • Special condition: Estate

Features

  • Stories: 2
  • Patio & porch: Patio/Porch
  • On waterfront: Yes
  • Waterfront features: Creek
  • Waterbody name: Wolf Creek

Lot

  • Lot size: 81 Acres
  • Features: Natural
  • Lot size dimensions: 81.4

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 FloodingModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Lightning
Tsunami

FEMA Declared Disasters in Alpena 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 $2,022$24,264
Home Insurance *$143$1,716
Property Taxes $336$4,032
Electricity $294$3,534
Total$2,795$33,540
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$95,828/yr
40% on housing$83,850/yr
45% on housing$74,533/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: 6.6%
6.6%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 2.2%
2.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$148This listing

vs Other Active Listings

Avg $/sqft

ZIP 49744
Alpena County$206

vs Homes Sold Last Month

Median $/sqft

ZIP 49744$243
Alpena County$85

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
2025-11-14Listed for sale$455,000

For Sale by Agent

AgentGrace M. Marshall
BrokerageUpNorth Property Services

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