Discover a unique investment opportunity in Prescott, MI! This exceptional property at 2407 Karen Drive features TWO separate cottages on a generous 0.2-acre lot in the desirable Evergreen Subdivision. Each charming cottage offers 2 bedrooms and 1 full bathroom, sharing a private well and propane system for efficient utility management. Both cottages have been thoughtfully updated with new roofs installed in 2021 and a comprehensive remodel—including all-new electrical systems—completed in November 2024. Located just minutes from premier Northern Michigan recreation, enjoy direct access to hunting grounds, fishing spots, and extensive ORV trails. Whether you're seeking a family compound, vacation getaway, or rental investment opportunity, this dual-cottage property delivers exceptional value and endless possibilities.
Sold for $107,000
$107,000
2407 Karen Dr, Prescott, MI 48756
4beds
1,200sqft
Single Family Residence
Built in ----
8,712 Square Feet Lot
$111,300 Zestimate®
$89/sqft
$1,620 Estimated rent
Home value
$111,300
Estimated sales range
Not available
$1,620/mo
Zestimate® history
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$543/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Eric Raymo 810-334-7268,
EXP Realty LLC
Bought with:
Christopher Parker, 65060429280
EXP Realty
Source: MiRealSource,MLS#: 50183143
Originating MLS: MiRealSource
Originating MLS: MiRealSourceFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Bedroom 1
- Level: First
- Area: 120
- Dimensions: 12 x 10
Bedroom 2
- Level: First
- Area: 108
- Dimensions: 12 x 9
Bedroom 3
- Level: First
- Area: 120
- Dimensions: 12 x 10
Bedroom 4
- Level: First
- Area: 108
- Dimensions: 12 x 9
Bathroom 1
- Level: First
Bathroom 2
- Level: First
Kitchen
- Level: First
- Area: 108
- Dimensions: 12 x 9
Living room
- Level: First
- Area: 156
- Dimensions: 13 x 12
Heating
- Wall Furnace, Propane
Cooling
- Ceiling Fan(s)
Appliances
- Included: Electric Water Heater
Features
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 1,200
- Total interior livable area: 1,200 sqft
- Finished area above ground: 1,200
- Finished area below ground: 0
Property
Features
- Levels: One
- Stories: 1
- Frontage type: Road
- Frontage length: 122
Lot
- Size: 8,712 Square Feet
- Dimensions: 122 x 157
- Features: Deep Lot - 150+ Ft., Large Lot - 65+ Ft.
Details
- Parcel number: 01057001600
- Zoning description: Residential
- Special conditions: Private
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
Condition
- New construction: No
Utilities & green energy
- Sewer: Septic Tank
- Water: Private Well, Shared Private Well
Community & HOA
Community
- Subdivision: Evergreen Subdivision
HOA
- Has HOA: No
Location
- Region: Prescott
Financial & listing details
- Price per square foot: $89/sqft
- Tax assessed value: $50,600
- Annual tax amount: $618
- Date on market: 7/26/2025
- Cumulative days on market: 433 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/20/2026 | Sold | $107,000-7%$89/sqft |
Source:  MiRealSource #50183143 Report a problem | ||
| 1/19/2026 | Pending sale | $115,000$96/sqft |
Source: MiRealSource #50183143 Report a problem | ||
| 12/14/2025 | Price change | $115,000-4.1%$96/sqft |
Source: MiRealSource #50183143 Report a problem | ||
| 7/27/2025 | Listed for sale | $119,900-7.7%$100/sqft |
Source: MiRealSource #50183143 Report a problem | ||
| 7/26/2025 | Listing removed | $129,900$108/sqft |
Source: MiRealSource #50170992 Report a problem | ||
| 5/30/2025 | Price change | $129,900-7.1%$108/sqft |
Source: MiRealSource #50170992 Report a problem | ||
| 4/10/2025 | Listed for sale | $139,900-2.8%$117/sqft |
Source: MiRealSource #50170992 Report a problem | ||
| 4/7/2025 | Listing removed | $143,900$120/sqft |
Source: MiRealSource #50160688 Report a problem | ||
| 1/4/2025 | Price change | $143,900-0.7%$120/sqft |
Source: MiRealSource #50160688 Report a problem | ||
| 12/4/2024 | Price change | $144,900-3.3%$121/sqft |
Source: MiRealSource #50160688 Report a problem | ||
| 11/24/2024 | Price change | $149,900-3.2%$125/sqft |
Source: MiRealSource #50160688 Report a problem | ||
| 11/15/2024 | Price change | $154,900-3.2%$129/sqft |
Source: MiRealSource #50160688 Report a problem | ||
| 11/9/2024 | Listed for sale | $160,000$133/sqft |
Source: MiRealSource #50160688 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $720 +7.8% | $25,300 +17.1% |
| 2024 | $668 +3.2% | $21,600 +35.8% |
| 2023 | $648 +7.5% | $15,900 +30.3% |
| 2022 | $603 +7% | $12,200 +7% |
| 2021 | $563 | $11,400 |
| 2020 | -- | $11,400 +10.7% |
| 2018 | $402 -18.9% | $10,300 -1% |
| 2017 | $496 | $10,400 +1% |
| 2016 | $496 +0.2% | $10,300 +2% |
| 2015 | $495 +414.5% | $10,100 +2% |
| 2014 | $96 | $9,900 |
| 2013 | -- | $9,900 +4.2% |
| 2012 | -- | $9,500 +5.6% |
| 2011 | -- | $9,000 -16.7% |
| 2010 | -- | $10,800 |
Find assessor info on the county website
Neighborhood: 48756
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Nearby schools
GreatSchools rating
- 4/10Whittemore-Prescott Area Middle SchoolGrades: K-6Distance: 7.5 mi
- 3/10Whittemore-Prescott Area H.S.Grades: 7-12Distance: 7.3 mi
Schools provided by the listing agent
- District: Whittemore Prescott Area SD
Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Michigan
- Ogemaw County
- Prescott
- 48756
- 2407 Karen Dr
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