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Single Family ResidenceResidential
$85,067
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 83How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $60,000 on May 31, 2024

387 FED FOREST HIGHWAY 16

IRON RIVER, MI 49935
0
Baths

Valuation

$85K
$70K low$100K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$60,000 · May 31, 2024
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$85,067
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$68,054

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$73 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$3,900 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$3,900
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$3,450
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$7,800

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.42
96
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
13
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
40
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
63
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
1
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.138 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.51%

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyIRON
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
West Iron County Middle High SchoolB-
High · Grades 6–12 · 1.6 mi
E
Stambaugh Elementary SchoolC-
Elementary · Grades PK–6 · 1.6 mi

District: West Iron County Public Schools

Neighborhood · ZIP 49935These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.128
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.80
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.16

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.68%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.15%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.16%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.2.3%
PopulationHow many people live in this area.6,206
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.13 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$50,871
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$66,381
Average tempThe average temperature here across a full year.40°F
Annual precipHow much rain and melted snow falls here in a typical year.32 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.45%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Absentee owner
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

387 Fed Forest Highway 16 measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 69% of homes in Iron River 49935

What homes are worth in Iron River 49935

Each bar is how many homes fall in that price range. The marker is this home.

This home
$42K$647K

This home is worth more than 31% of homes in Iron River 49935.

How it measures up in Iron River 49935

The dot is this home. The mark in the middle is the typical home in Iron River 49935.

Estimated value$85,067
CheaperTypical $125,375Pricier

Pricier than 31% of homes nearby

How 387 Fed Forest Highway 16 ranks against every home in each area.
MeasureThis homeIron River 49935Iron County
Estimated valuepricier than$85,06731% of homes32% of homes

About 387 Fed Forest Highway 16

How much is 387 Fed Forest Highway 16, Iron River, MI worth?

The TopHap Estimate for 387 Fed Forest Highway 16, Iron River, MI is $85,067 as of Jul 14, 2026. The likely range is $70,489 to $99,645. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 387 Fed Forest Highway 16, Iron River, MI last sell?

387 Fed Forest Highway 16, Iron River, MI last sold on May 31, 2024 for $60,000, according to the county's recorded deed.

What schools serve 387 Fed Forest Highway 16, Iron River, MI?

387 Fed Forest Highway 16, Iron River, MI is assigned to West Iron County Middle High School (high), rated B-; Stambaugh Elementary School (elementary), rated C-. All sit in West Iron County Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

What are the property taxes on 387 Fed Forest Highway 16, Iron River, MI?

The 2025 property tax bill for 387 Fed Forest Highway 16, Iron River, MI was $73. The county assessed it at $3,900.

Closest homes

More homes in Iron River 49935

Assigned schools

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