NOT LISTED FOR SALE

1040 River Ridge Dr Ishpeming, MI 49849

Estimated Value: $43,000 - $80,441

7.53 Acres
$8,197 Price per Acre
328,007 Sq Ft Lot

Last Sold February 29, 2024

Last sale price $65,000

Est. 5% decrease in value since last sale

Current estimated payment $324/month

119 Days on Market

Highlights

  • Access To Lake
  • 7.53 Acre Lot
  • Cul-De-Sac
  • River Front
  • Wooded Lot
  • Lot Has A Rolling Slope

About This Lot

As of February 2024

Discover the perfect canvas for your dream home on this serene 7.53-acre lot nestled within the city limits of Ishpeming. With an impressive 296 feet of frontage along the picturesque Carp River, this property offers a unique opportunity to embrace waterfront living while enjoying the convenience of city amenities. Imagine waking up to the soothing sounds of the river, surrounded by the beauty of nature in this woodsy enclave. This quiet street provides the ideal setting for your future home, where you can escape the hustle and bustle of daily life. Utilities such as natural gas and electric hookups are readily available on the street, making the process of building your dream home that much easier. Seize this rare chance to create your own private oasis in Ishpeming. Whether you want to build a peaceful retreat or a family haven, this expansive lot offers endless possibilities. Take advantage of this incredible opportunity to turn your vision into reality!

Last Agent to Sell the Property

Breck and Erick Tonella-Brooks

RE/MAX 1ST REALTY License #UPAR-6501387214 Listed on: 10/16/2023

RE/MAX 1ST REALTY

Last Buyer's Agent

Breck and Erick Tonella-Brooks

RE/MAX 1ST REALTY License #UPAR-6501387214 Listed on: 10/16/2023

RE/MAX 1ST REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 7.53 Acre Lot
  • Lot Dimensions are 459 x 1305 x 297 x 984
  • River Front
  • Cul-De-Sac
  • Street terminates at a dead end
  • Lot Has A Rolling Slope
  • Wooded Lot

Utilities

  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number 52-51-709-011-50

Community Details

Overview

  • River Ridge Drive Subdivision

Recreation

  • Access To Lake

Property Details

Property Type

Land

Est. Annual Taxes

$6

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: VACANT LAND
  • Type Of Property: Vacant Land
  • Style: Vacant Land
  • Total Tax Amount: 1800
  • Mail City: Ishpeming
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: 297
  • Lake Name: Carp River
  • Water Features: Lake/River Access, River Frontage, Waterfront
  • Waterfront: Yes
  • Roads: City/County, Year Round, Black Top
  • Frontage Type: Water

Utilities

  • Water: None
  • Sewer/Septic System: None
  • Fuel On Site: Gas At Street, Natural Gas

Lot Info

  • Assessor Parcel Number: 52-51-709-011-50
  • Location: Cul-De-Sac, Dead End
  • Acreage: 7.53
  • Lot Description: Deep Lot - 150+ Ft., Large Lot - 65+ Ft., Rolling/Hilly, Wooded, City Limits
  • Zoning: Residential
  • Lot Size: 459 x 1305 x 297 x 984
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2023, Amount: $1,200.00
  • Winter Tax: Year: 2023, Amount: $600.00
  • Total Tax: Amount: $1,800.00

MLS Schools

  • School District: Ishpeming Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2025
Sold by
Barber Elizabeth
Bought by
Elizabeth A Barber Revocable Living Trust and Barber
Current Estimated Value
$61,721

Purchase Details

Listed on
Oct 16, 2023
Closed on
Feb 29, 2024
Sold by
Norton Joel M and Norton Angela M
Bought by
Barber Elizabeth
Seller's Agent
Breck and Erick Tonella-Brooks
RE/MAX 1ST REALTY
Buyer's Agent
Breck and Erick Tonella-Brooks
RE/MAX 1ST REALTY
List Price
$69,900
Sold Price
$65,000
Premium/Discount to List
-$4,900
-7.01%
Views
97

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.07%

Purchase Details

Listed on
Sep 4, 2019
Closed on
Jul 9, 2021
Sold by
Peredo and Sonja
Bought by
Norton Joel M and Norton Angela M
Seller's Agent
Don Schinella
SELECT REALTY
Buyer's Agent
Breck and Erick Tonella-Brooks
RE/MAX 1ST REALTY
List Price
$34,900
Sold Price
$26,650
Premium/Discount to List
-$8,250
-23.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.13%
Original Mortgage
$21,320
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 4, 2019
Closed on
May 28, 2021
Sold by
Peredo and Sonja
Bought by
Norton Joel M and Norton Angela M
Seller's Agent
Don Schinella
SELECT REALTY
Buyer's Agent
Breck and Erick Tonella-Brooks
RE/MAX 1ST REALTY
List Price
$34,900
Sold Price
$26,650
Premium/Discount to List
-$8,250
-23.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,320
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2000
Bought by
Peredo Joseph and Peredo Sonja
Source: Public Records

Range of Values:

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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
Elizabeth A Barber Revocable Living Trust -- None Listed On Document
Barber Elizabeth $65,000 None Listed On Document
Norton Joel M -- Odea Nordeen And Pickens Pc
Norton Joel M $26,650 Odea Nordeen And Pickens Pc
Peredo Joseph $27,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Norton Joel M $21,320
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/29/2024 02/29/24 Sold $65,000 -7.0% --
02/12/2024 02/12/24 Pending -- -- --
10/16/2023 10/16/23 For Sale $69,900 +162.3% --
05/28/2021 05/28/21 Sold $26,650 -23.6% -- View Prior Sale
04/18/2021 04/18/21 Pending -- -- --
09/04/2019 09/04/19 For Sale $34,900 -- --
Source: Upper Peninsula Association of REALTORS®

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
2025 $6 $18,800 $0 $0
2024 $6 $14,250 $0 $0
2023 $158 $28,250 $0 $0
2022 $957 $15,000 $0 $0
2021 $965 $15,000 $0 $0
2020 $960 $15,000 $0 $0
2019 $961 $15,000 $0 $0
2018 $957 $15,000 $0 $0
2017 $952 $15,000 $0 $0
2016 $936 $19,000 $0 $0
2015 -- $19,000 $0 $0
2014 -- $19,000 $0 $0
2012 -- $19,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50125245

Upper Peninsula Association of REALTORS®

APN: 52-51-709-011-50