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For sale
    • Price cut: $5K (7/30)
    $120,000

    307 Iron St, Norway, MI 49870

    3beds
    1,332sqft
    : 
    $948/mo
    Get pre-qualified
    Single Family Residence
    Built in 1903
    5,227 Square Feet Lot
    $118,000 Zestimate®
    $90/sqft
    $-- HOA

    What's special

    Rear alley entryRemarkably large backyardConvenient alley accessBrand-new refrigerator
    LAND CONTRACT OPTION...Welcome to this fantastic 3-bedroom, 1.5-bathroom property offering 1,333 square feet of comfortable, above-ground living space. Nestled in a beautifully peaceful and highly desirable Norway neighborhood, this property is the quintessential starter home you’ve been waiting for. This home was previously used as a duplex and could easily be once again! A unique bonus to this property is the enclosed and insulated front porch. The space is already prepped and framed for three windows, just waiting for your finishing touches! With the heavy lifting of insulation and framing complete, you can easily install the windows and siding at your convenience to create a brand-new sunroom or spacious mudroom. Plus, to make your move-in even easier, the sale includes a brand-new refrigerator, a brand-new combination washer and dryer, and a range! Step outside and you will find a remarkably large backyard that features convenient alley access. With the rear alley entry already in place, you have the absolute perfect layout and plenty of room to build a future garage, park recreational vehicles, or design your dream outdoor living space. Location is everything, and this home truly delivers unmatched convenience. Situated just two blocks from Norway Elementary School and Vulcan Middle School, the morning school drop-off is reduced to a quick, easy walk. When you want to explore the community, you are only one block away from Main Street, giving you instant walking access to all the shops, dining, and charm that downtown Norway has to offer. Need to commute or head out of town? You are a mere 4 block drive to US-2, making travel in, out, and around the area an absolute breeze. Whether you are a first-time homebuyer looking to plant roots or simply seeking a quiet community with incredible walkability, this well-located home is a rare find.
    85 days
    1,153
    14

    Zillow last checked:

    Listing updated:

    Listed by:

    DANIEL MENARD 906-360-1964,

    COLDWELL BANKER SCHMIDT REALTORS 906-225-5992

    Source: MiRealSource,MLS#: 50214998MLS LogoOriginating MLS: Upper Peninsula Assoc of Realtors

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      • Main level bedrooms: 1
      Rooms
      • Room types: Entry, Family Room, Bedroom, Laundry, Living Room, First Flr Lavatory, Second Flr Full Bathroom
      Bedroom 1
      • Level: Main
      • Area: 99
      • Dimensions: 11 x 9
      Bedroom 2
      • Level: Upper
      • Area: 168
      • Dimensions: 14 x 12
      Bedroom 3
      • Level: Upper
      • Area: 121
      • Dimensions: 11 x 11
      Bathroom 1
      • Level: Upper
      • Area: 96
      • Dimensions: 12 x 8
      Dining room
      • Level: Lower
      • Area: 143
      • Dimensions: 13 x 11
      Family room
      • Level: Upper
      • Area: 180
      • Dimensions: 15 x 12
      Kitchen
      • Level: Main
      • Area: 132
      • Dimensions: 12 x 11
      Living room
      • Level: Main
      • Area: 168
      • Dimensions: 14 x 12
      Heating
      • Wall Furnace, Space Heater, Natural Gas
      Cooling
      • None
      Appliances
      • Included: Dryer, Range/Oven, Refrigerator, Washer, Electric Water Heater
      • Laundry: First Floor Laundry
      Features
      • Walk-In Closet(s)
      • Flooring: Hardwood
      • Basement: Block,Partial,Interior Entry,Unfinished,Crawl Space
      • Has fireplace: No
      Interior area
      • Total structure area: 1,396
      • Total interior livable area: 1,332 sqft
      • Finished area above ground: 1,332
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 3
      • Parking features: 3 or More Spaces
      Features
      • Levels: One and One Half
      • Stories: 1.5
      • Patio & porch: Porch
      • Waterfront features: None
      • Body of water: none
      • Frontage type: Road
      • Frontage length: 50
      Lot
      • Size: 5,227 Square Feet
      • Dimensions: 50 x 100
      • Features: Walk to School
      Details
      • Additional structures: None
      • Parcel number: 05321300700
      • Zoning: Single Family Residential
      • Zoning description: Residential
      • Special conditions: Private,Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Conventional Frame
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      Condition
      • New construction: No
      • Year built: 1903

      Utilities & green energy

      • Electric: 100 Amp Service, Circuit Breakers
      • Sewer: Public Sanitary
      • Water: Public
      • Utilities for property: Cable/Internet Avail., Cable Not Available, Electricity Connected, Natural Gas Connected, Phone Not Available, Sewer Connected, Water Connected, Internet DSL Available, Internet Spectrum

      Community & HOA

      Community
      • Subdivision: Erickson Addition
      HOA
      • Has HOA: No
      Location
      • Region: Norway

      Financial & listing details

      • Price per square foot: $90/sqft
      • Tax assessed value: $64,400
      • Annual tax amount: $861
      • Date on market: 7/15/2026
      • Cumulative days on market: 86 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,Conventional Blend
      • Road surface type: Paved

        Estimated market value

        $118,000

        $112,000 - $124,000

        $1,581/mo

        Price history

        DateEventPrice
        7/30/2026Price change$120,000-4%$90/sqft
        Source: MiRealSource #50214998 Report a problem
        7/15/2026Listed for sale$125,000+64.5%$94/sqft
        Source: MiRealSource #50214998 Report a problem
        7/24/2023Listing removed$76,000$57/sqft
        Source: Upper Peninsula AOR #50107554 Report a problem
        6/27/2023Contingent$76,000$57/sqft
        Source: Upper Peninsula AOR #50107554 Report a problem
        5/30/2023Listed for sale$76,000$57/sqft
        Source: Upper Peninsula AOR #50107554 Report a problem
        5/6/2023Contingent$76,000$57/sqft
        Source: Upper Peninsula AOR #50107554 Report a problem
        5/3/2023Listed for sale$76,000+16.9%$57/sqft
        Source: Upper Peninsula AOR #50107554 Report a problem
        1/28/2022Listing removed--
        Source: Upper Peninsula AOR #1130804 Report a problem
        11/17/2021Contingent$65,000$49/sqft
        Source: Upper Peninsula AOR #1130804 Report a problem
        11/9/2021Listed for sale$65,000$49/sqft
        Source: Upper Peninsula AOR #1130804 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$861 $32,200 +7%
        2024-- $30,100 +38.1%
        2023$567 -38.4%$21,800 +14.1%
        2022$921 $19,100 +3.8%
        2021-- $18,400 +10.2%
        2020$64 $16,700 +6.4%
        2019-- $15,700
        2018-- $15,700 +1.9%
        2017-- $15,400 +6.9%
        2014-- $14,400 -2%
        2012-- $14,700
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 49870

        Getting around

        57 / 100
        Somewhat Walkable
        51 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Norway
        • Middle: Vulcan
        • High: Norway
        • District: Norway-Vulcan Area Schools

        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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