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Off market
  • $243,700

    7059 Riverbend Dr, Onaway, MI 49765

    3beds
    3,020sqft
    SingleFamily
    Built in 1984
    1.72 Acres Lot
    $243,700 Zestimate®
    $81/sqft
    $2,297 Estimated rent

    Home value

    $243,700

    $205,000 - $280,000

    $2,297/mo

    Zestimate® history
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    $1,596/mo

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    What's special

    Beautiful views overlooking the Tower Pond portion of the Upper Black River awards this amazing waterfront property that offers a 3 bed 2 bath home and 4 rental cabins. With 280` of water frontage, this house features 2x6 construction, steel roof, attached garage, gas fireplace and much more. There is a good-sized front yard to play in and the back yard deck is perfect for grilling. The four cabins offer a nice rental income. Three of the four cabins and the home itself are currently occupied with month-to-month renters. This gives the buyer the potential to keep those renters if they so wish without the obligation of adhering to some previous long-term lease agreement. Or if someone wanted to start fresh, they can do that as well. The Upper Black River system is the only river in Michigan`s lower peninsula exclusively managed for brook trout. Besides having the Upper Black River right there in your back yard, countless other great rivers reside in this area including the Pigeon River, Black River East Branch, and Canada Creek. Burt Lake, Mullett Lake and Black Lake sit nearby as well. There are thousands of acres of state land here in Northern Michigan, including some only 1.3 miles away from this property. Snowmobile trails crisscross across the state. This area offers four seasons of outdoor adventures and individuals come from all over the state to partake in the beauty of it. Especially since this property is so easy to access from I-75 and with is premier visibility from M-68, an individual could turn this into a really nice business if they so wish. Reside in the home and rent out the cabins to weekend warriors. Take it a step further if you wish and offer guided hikes and fishing in the summer months while you give snowmobile tours in the winter months. Needless to say, this property has a ton of promise. With the beautiful views, great location, and income potential, this is one property that deserves your attention...

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Stove, Gas
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Carpet, Hardwood
    • Basement: None
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,020 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • Exterior features: Stone, Stucco
    • Has view: Yes
    • View description: Park, Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 1.72 Acres
    Details
    • Parcel number: 231T0400100300

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1984

    Utilities & green energy

    • Sewer: Septic

    Community & HOA

    Location
    • Region: Onaway

    Financial & listing details

    • Price per square foot: $81/sqft
    • Tax assessed value: $282,600
    • Annual tax amount: $1,450

    Price history

    DateEventPrice
    6/23/2021Sold$175,000-26.8%$58/sqft
    Source: Public Record Report a problem
    10/16/2019Listing removed$239,000$79/sqft
    Source: Whitetail Properties Real Estate LLC #458364 Report a problem
    5/1/2019Listed for sale$239,000-15.8%$79/sqft
    Source: Whitetail Properties Real Estate LLC #458364 Report a problem
    10/19/2018Listing removed$284,000$94/sqft
    Source: EXIT Realty Premier #312947 Report a problem
    8/30/2018Price change$284,000-5%$94/sqft
    Source: EXIT Realty Premier #312947 Report a problem
    7/15/2018Listed for sale$299,000+130%$99/sqft
    Source: EXIT Realty Premier #312947 Report a problem
    10/2/2016Listing removed$130,000$43/sqft
    Source: Cheboygan #301774 Report a problem
    4/15/2016Price change$130,000-27%$43/sqft
    Source: Cheboygan #301774 Report a problem
    4/14/2016Listed for sale$178,000-54.3%$59/sqft
    Source: Cheboygan #301774 Report a problem
    9/4/2014Listing removed$389,900$129/sqft
    Source: Trophy Class Real Estate #289147 Report a problem
    8/27/2014Price change$389,900+56%$129/sqft
    Source: Trophy Class Real Estate #289147 Report a problem
    8/17/2014Price change$249,900-35.9%$83/sqft
    Source: Trophy Class Real Estate #289147 Report a problem
    7/25/2014Price change$389,900+56%$129/sqft
    Source: Trophy Class Real Estate #289147 Report a problem
    7/18/2014Price change$249,900-35.9%$83/sqft
    Source: Trophy Class Real Estate #289147 Report a problem
    3/12/2014Price change$389,900+56%$129/sqft
    Source: Trophy Class Real Estate #289147 Report a problem
    3/8/2014Listed for sale$249,900+66.7%$83/sqft
    Source: Trophy Class Real Estate #289147 Report a problem
    8/9/2013Listing removed$149,900$50/sqft
    Source: Exit Realty Paramount - Cheboygan #282976 Report a problem
    7/23/2013Price change$149,900-61.6%$50/sqft
    Source: Exit Realty Paramount - Cheboygan #282976 Report a problem
    6/15/2013Price change$389,900+160.1%$129/sqft
    Source: Exit Realty Paramount - Cheboygan #282749 Report a problem
    6/8/2013Price change$149,900-61.6%$50/sqft
    Source: Exit Realty Paramount - Cheboygan #282749 Report a problem
    6/7/2013Price change$389,900+160.1%$129/sqft
    Source: Exit Realty Paramount - Cheboygan #282749 Report a problem
    5/30/2013Price change$149,900-61.6%$50/sqft
    Source: Exit Realty Paramount - Cheboygan #282749 Report a problem
    5/23/2013Price change$389,900+56%$129/sqft
    Source: Exit Realty Paramount - Cheboygan #282749 Report a problem
    5/20/2013Price change$249,900+66.7%$83/sqft
    Source: Exit Realty Paramount - Cheboygan #282749 Report a problem
    4/28/2013Price change$149,900-40%$50/sqft
    Source: Exit Realty Paramount - Cheboygan #282749 Report a problem
    4/17/2013Listed for sale$249,900$83/sqft
    Source: Exit Realty Paramount - Cheboygan #282749 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,450 +0.9%$141,300 +25.5%
    2024$1,437 +5.1%$112,600 +33.7%
    2023$1,368 +7.3%$84,200 +22.6%
    2022$1,275 $68,700 +7.8%
    2021-- $63,700 -1.8%
    2020-- $64,900 -0.2%
    2019-- $65,000 -1.8%
    2018-- $66,200 +3.1%
    2017-- $64,200 -0.2%
    2016-- $64,300 -14%
    2015-- $74,800 +2.5%
    2014-- $73,000 -1.1%
    2012-- $73,800 -0.5%
    2011-- $74,200 -1.3%
    2010-- $75,200
    Find assessor info on the county website

    Neighborhood: Tower

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Onaway
    • High: Onaway
    • District: Onaway

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

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