NOT LISTED FOR SALE

1033 N 5th Ave Iron River, MI 49935

Estimated Value: $73,000 - $368,000

2 Beds
2 Baths
950 Sq Ft
$161/Sq Ft Est. Value

Last Sold July 20, 2020

Last sale price $55,000 $58 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $906/month

About This Home

As of July 2020

This charming home is located on five lots within the City of Iron River. There is a partially fenced in yard with plenty of room for your garden or lots of room to enjoy all four seasons here in Upper Michigan. This very clean charming home has 2 bedrooms and a full bath on the main floor. Updated kitchen with newer appliances, which will also include the washer and dryer which are in the basement. Also newer countertops and flooring. All living on the main floor for your convenience. There is also a free standing gas fireplace in the living room as well as in the basement in the family room. The basement of the home is ideal for another bedroom and the owners are now using it as a family room. There is a shower in the basement. There is also a freezer and refrigerator in the basement that can stay with the home when it sells. The hot water heater is 2 years old and the furnace has been checked every year and is in good condition. This home has City water and sewer, with Iron River Cable for the TV and Internet. The furnace is Natural Gas and the Electric is UP Power. There is open deck/porch which is 8x14 and also an enclosed deck on the back of the home which is 12x18. The detached 2 1/2 car garage has a loft for storage & electricity. Some furnishings are negotiable. This home is a perfect setting and ideal for year round or seasonal living. Ideal location for accessing our beautiful lakes and rivers in the area. Very close to the Snowmobile and ATV trails. Just minutes from Ski Brule Ski Resort and Youngs Recreational Complex. The Ottawa National Forest is just minutes away. This home has been well maintained and is in Move In Ready Condition.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2020
Closed on
Jul 20, 2020
Sold by
Kvapil Karl G
Bought by
Wagner Clarence B and Wagner Dorothy A
Seller's Agent
Sharon Polich
RE/MAX NORTH COUNTRY-IR
Buyer's Agent
Sharon Polich
RE/MAX NORTH COUNTRY-IR
List Price
$65,000
Sold Price
$55,000
Premium/Discount to List
-$10,000
-15.38%
Current Estimated Value
$153,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,204
Avg. Annual Appreciation
23.36%
Source: Public Records

Range of Values:

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wagner Clarence B $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kvapil Karl G $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2020 07/20/20 Sold $55,000 -15.4% $58 / Sq Ft
05/28/2020 05/28/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $65,000 -- $68 / Sq Ft

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $551 $24,720 $24,720 $0
2023 $528 $20,360 $20,360 $0
2022 $528 $18,790 $18,790 $0
2021 $503 $17,630 $17,630 $0
2020 $528 $16,392 $16,392 $0
2019 -- $16,015 $16,015 $0
2018 -- $16,449 $0 $0
2016 $13,620 $16,532 $0 $0
2015 $13,620 $15,450 $0 $0
2014 $13,620 $13,620 $0 $0
2013 $13,620 $13,620 $0 $0
2012 $603 $13,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

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