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Sold for $155,000
  • $155,000

    507 River St, Luther, MI 49656

    1beds
    784sqft
    Single Family Residence
    Built in 1900
    0.4 Acres Lot
    $149,800 Zestimate®
    $198/sqft
    $932 Estimated rent

    Home value

    $149,800

    $142,000 - $157,000

    $932/mo

    Zestimate® history
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    What's special

    Cozy fireplaceSpacious corner lotWhole-house backup generator
    Looking for an affordable Up North getaway, year-round home, or investment property with extra living space? This beautifully maintained and recently updated 1-bedroom, 1-bath home in the Village of Luther offers far more than meets the eye! The main home features 784 square feet of comfortable living space, highlighted by a cozy fireplace, numerous recent updates, and a whole-house backup generator for added peace of mind. But the real bonus is the detached garage with a newly finished 270-square-foot living area complete with its own full bathroom. This versatile space is perfect as a guest suite, mother-in-law suite, teenager retreat, home office, hobby room, or potential second bedroom—adding incredible flexibility and value rarely found in this price range. Situated on a spacious corner lot, you'll enjoy plenty of room for outdoor activities while being just minutes from some of Northern Michigan's best recreation. Luther is known for its proximity to thousands of acres of state land, ORV and snowmobile trails, rivers, lakes, camping, hunting, fishing, hiking, and outdoor adventure. The area is a popular destination for outdoor enthusiasts seeking year-round recreation and a true Pure Michigan lifestyle. Luther is also surrounded by scenic forests, trail systems, and easy access to the renowned Pine River corridor. Whether you're searching for a starter home, vacation retreat, hunting base camp, or property with separate guest quarters, this unique opportunity checks all the boxes. Don't miss your chance to own this versatile Northern Michigan gem!

    Zillow last checked:

    Listing updated:

    Listed by:

    Barry Fall Home:231-357-4673,

    ERA Greater North Properties 231-779-8088

    Bought with:

    Non Member Office

    NON-MLS MEMBER OFFICE

    Source: NGLRMLS,MLS#: 1946153MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Primary bedroom
    • Level: Main
    • Area: 99.19
    • Dimensions: 10.9 x 9.1
    Primary bathroom
    • Features: None
    Dining room
    • Level: Main
    • Area: 97.32
    • Dimensions: 12 x 8.11
    Kitchen
    • Level: Main
    • Area: 97.2
    • Dimensions: 12 x 8.1
    Living room
    • Level: Main
    • Area: 173.88
    • Dimensions: 12.6 x 13.8
    Heating
    • Forced Air, Space Heater, Wall Furnace, Propane, Fireplace(s)
    Appliances
    • Included: Refrigerator, Oven/Range, Washer, Dryer
    • Laundry: Main Level
    Features
    • Drywall, High Speed Internet
    • Basement: Crawl Space
    • Has fireplace: Yes
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 784
    • Total interior livable area: 784 sqft
    • Finished area above ground: 784
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached, Garage Door Opener, Finished Rooms, Plumbing, Concrete Floors, Gravel
    • Garage spaces: 2
    Accessibility
    • Accessibility features: Covered Entrance, Accessible Approach with Ramp
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Porch
    • Has view: Yes
    • View description: Countryside View
    • Waterfront features: None
    Lot
    • Size: 0.40 Acres
    • Dimensions: 136 x 131
    • Features: Cleared, Level, Subdivided
    Details
    • Additional structures: None
    • Parcel number: 4310400500
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Frame, Vinyl Siding
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Sewer: Private Sewer
    • Water: Private

    Community & neighborhood

    Community
    • Community features: None
    Location
    • Region: Luther
    • Subdivision: na

    HOA & financial

    HOA
    • Services included: None

    Other

    Other facts
    • Listing agreement: Exclusive Right Sell
    • Price range: $155K - $155K
    • Listing terms: Conventional,Cash,FHA,USDA Loan,VA Loan
    • Ownership type: Private Owner
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    6/26/2026Sold$155,000+3.4%$198/sqft
    Source: NGLRMLS #1946153 Report a problem
    6/11/2026Pending sale$149,900$191/sqft
    Source: NGLRMLS #1946153 Report a problem
    6/5/2026Listed for sale$149,900+4896.7%$191/sqft
    Source: NGLRMLS #1946153 Report a problem
    12/28/2009Sold$3,000$4/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$438 +5.8%$40,600 +35.8%
    2024$414 $29,900 +11.6%
    2023-- $26,800 +38.1%
    2022-- $19,400 -8.9%
    2021-- $21,300 -0.9%
    2020-- $21,500 +19.4%
    2019-- $18,000 -9.5%
    2018-- $19,900
    2017-- $19,900 +24.4%
    2016-- $16,000 +6.7%
    2015-- $15,000 +2.7%
    2014-- $14,600 +15.9%
    2013-- $12,600 +152%
    2012-- $5,000 +25%
    2011-- $4,000 -7%
    2010-- $4,300

    Find assessor info on the county website

    Neighborhood: 49656

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Pine River Area Schools

    Source: NGLRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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