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3888 S F41, Mikado, MI, 48745

2beds
2baths
1,200sqft
$280,000
$233price/sqft
$1,913/moest. monthly cost
$76,520/yrincome needed

About This Home

Welcome to 3888 S F-41, Mikado where you will discover the perfect blend of comfort, space and functionality with this well-maintained 2-bedroom, 1.5-bath home situated on 20 beautiful acres. Whether you're seeking peaceful country living, room to expand hobbies, or space for outdoor recreation, this property checks every box. Inside you will find a warm and inviting layout featuring a spacious family room, a relaxing den, a cozy living room and an open concept kitchen/dining area. The partially finished basement offers additional living space, storage or the opportunity to customize to your needs. Outdoors you will find a fenced in back yard, a Generac generator and ample outbuildings for equipment, vehicles, tools or hobbies. If you are looking for acreage, comfort, and versatility in a fantastic northern Michigan location, this is a must-see!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

6/10
8/10
Oscoda Area High SchoolGrades 7-128.6 mi

Construction

Condition

  • Year built: 1949

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 1,200
  • Total interior livable area: 1,200 sqft

Property

Parking

  • Total spaces: 2
  • Parking features: Other

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

  • Lightning
    LightningVery High
  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Lightning
Cold Wave
Inland Flooding
Strong Wind
Tsunami

FEMA Declared Disasters in Alcona 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 $1,415$16,980
Home Insurance *$121$1,452
Property Taxes $189$2,268
Electricity $188$2,259
Total$1,913$22,956
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$65,588/yr
40% on housing$57,390/yr
45% on housing$51,013/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: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: -1.6%
-1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$233This listing

vs Other Active Listings

Avg $/sqft

ZIP 48745
Alcona County$132

vs Homes Sold Last Month

Median $/sqft

ZIP 48745
Alcona County$138

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
2026-02-26Listed for sale$280,000

For Sale by Agent

AgentKaren Godi
BrokerageReal Estate One of Alpena

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