501 Shank Lake Rd is a 2,162 square foot house on a 79.09 acre lot with 3 bedrooms and 2 bathrooms. Based on Redfin's Crystal Falls data, we estimate the home's value is $819,926.
Single-familyProperty Type
79.09 acresLot Size
$379Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$819,926
$4,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 60.6% higher than the average sale price ($510K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$3,393 (−40.3%)
2024
$5,684 (+17.2%)
2023
$4,851 (+4.9%)
2022
$4,624 (+3.3%)
2021
$4,478
2020
$4,479 (+1.8%)
2019
$4,400 (−5.9%)
2008
$4,676
Tax history for 501 Shank Lake Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,393 (−40.3%)
2024
$5,684 (+17.2%)
2023
$4,851 (+4.9%)
2022
$4,624 (+3.3%)
2021
$4,478
2020
$4,479 (+1.8%)
2019
$4,400 (−5.9%)
2008
$4,676
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Property details
Interior
Basement Information
Basement Sq. Ft: 972
Bathroom Information
# of Full Baths: 2
Heating & Cooling
Heating Type: Space
Fireplace Information
Fireplace Type: 1 Opening
Exterior
Property Information
Living Sq. Ft: 2,162
Ground Floor Sq. Ft: 1,622
Building Sq. Ft: 3,134
Legal Description: 291-317 437-414 CFT-7 6/2 GL-1,102, GL2-A,GL3-A & 101-A SEC 7 T46N R32W GOVT LOT 1 AND NW1/4 OF NE1/4 AND PARTS OF GOVT LOT 2, GOVT LOT 3 AND THE NE1/4 OF NE1/4 DESCRIBED AS BEG AT MC BET SEC 6 & 7, TH S89 47 01E ALG N LN OF SEC 7 2630.00', TH S 1430', TH N89 47 01W 906.48', TH S50W 700.96' TO SH LN SHANK LK, TH NW'LY ALG SH LN 2466.49' TO POB
Parking & Garage Information
Garage/Parking Sq. Ft: 936
Lot Information
# of Buildings: 1
Land Sq. Ft: 3,445,246
Legal Lot Number: 1
Municipality Name: CRYSTAL FALLS TOWNSHIP
Acres: 79.092
Front Footage: 2,466
Zoning Code: WR
County Use Description: RESIDENTIAL IMPROVED
State Use Description: RESIDENTIAL
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 2,162
Stories: —
Lot Size: 79.09 acres
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Iron County
APN: 002-207-003-00
Home facts updated by county records on Feb 13, 2026
Around this home
Schools
Forest Park School
Public PreK-12 • Assigned • 21.3mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
1/10 Heat Factor
7 days above 91° expected this year, 13 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Crystal Falls, MI • 49920
Average low and high temperatures (°F)
20
5
28
9
40
20
51
30
66
39
75
52
81
58
74
53
69
49
60
38
41
28
26
14
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.4 hours in
June and 2.8 hours in December, placing it below the
U.S. average for solar exposure.
9.4 hrs
2.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$779,000 – $943,000
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