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Active · MLS #20261043439
$720,000 4 bd4 ba3,754 sqft

7031 Munsell Road, Iosco Township, MI 48843

Est. $4,933/mo with current taxes · · See the breakdown

TypeSingle family residence
Built1994
Lot10 acres
Garage2.5 spaces
Price/sqft$192
On market146 days

About this home

Discover endless possibilities w/this incredible private retreat situated on 10 stunning acres. If you’re dreaming of a hobby farm, equestrian property, private hunting retreat, outdoor recreation destination, home-based business, auto repair/paint, family compound, or simply a peaceful country escape, this unique property offers the space & setting to bring your vision to life. The grounds feature 2 stocked ponds loaded with fish. Groomed trails wind through the addtl wooded acreage, creating the perfect environment for nature walks, ATV riding, horseback riding, hunting or wildlife observation. Beautifully maintained home offers comfortable living space designed for both everyday living & entertaining. Spacious kitchen is a cook’s delight, featuring Jenn Air cooktop, wall ovens, large pantry, abundant counter space, and butler’s area between Kitchen & DR. The primary suite provides a private retreat w/ deck access through doorwall, a large closet, vanity area, jetted tub, & walk-in shower. Massive mudrm/laundry rm w/a dog-washing station & full bath. Finished W/O LL expands your living space w/rec rm, BR, office, storage room, and full bath with direct outdoor access—ideal for guests, multi-generational living, hobbies, or working from home. Major improvements and features include Anderson windows and doors, fiber optic internet, dual heating systems featuring a Hotblast wood-burning furnace plus forced air furnace, newer water heater, roof approximately five years old. Car enthusiasts, hobbyists, contractors, entrepreneurs will appreciate the impressive outbuilding equipped with a heavy duty hoist/lift and paint booth. Expansive grounds provide ample room for gardens, livestock, recreational activities or additional outbuildings. A deck replacement is needed & has been thoughtfully reflected in the asking price. For those seeking even more room to roam, an additional 18 adjoining acres are available, creating an extraordinary 28-acre estate.

Monthly payment

$4,933per month
Principal & interest$4,096
Property tax, current$340
Homeowners insurance$200
Mortgage insurance (PMI)$297

The tax line is the seller's current bill from the MLS. Michigan uncaps the taxable value the year after a sale, so tap See uncapped taxes for what a buyer will likely pay then. Insurance is a $2,400/yr placeholder and PMI 0.55% of the loan below 20% down. An estimate, not a loan quote.

The facts

Price$720,000
Beds4
Baths3 full, 1 half
Square feet3,754
TypeSingle family residence
Subdivision—
CountyLivingston
MLS #20261043439
Listed2026-06-10
Days on market146
Year built1994
Possession31–60 days after closing
Stories1 story, ground floor
BasementBath stubbed, Finished, Full, Walkout, Walk-up
HeatingForced air, Propane, Wood
FoundationBasement, Poured, Sump pump
Garage spaces2.5
Water / SewerWell / Septic
WaterfrontPrivate pond (s) Red Cedar River
FireplaceYes
Parcel number0913300014
Listing officeCentury 21 Affiliated

Property taxes: the seller's bill vs. yours

This seller today You, the year after buying
Taxable value$176,506about $360,000
Yearly property tax$4,082about $10,053

Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $5,971 a year more than this seller pays. The assessor's state equalized value (SEV) is $324,500. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Iosco Township's 2025 homestead rate of 27.93 mills and assumes you claim the homestead exemption. See Iosco Township's full tax breakdown or run the uncapping calculator.

Location

IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-11-03T21:03+00:00; refreshed at least twice daily.

$720,000Est. $4,933/mo
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