NOT LISTED FOR SALE

10740 Cannonball Ct Bessemer, MI 49911

Estimated Value: $145,000 - $171,928

5 Beds
4 Baths
1,400 Sq Ft
$113/Sq Ft Est. Value

Last Sold July 11, 2022

Last sale price $105,000 $75 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,086/month

24 Days on Market

Highlights

  • Furnished
  • Forced Air Heating and Cooling System
  • Access to stream, creek or river
  • Cul-De-Sac

About This Home

As of July 2022

Looking for an investment property in the Big Powderhorn Mountain Ski Resort area, close to the Iron Belle Trail, Atv/Utv and snowmobile trails? This four-plex has seen steady income with current month to month rentals. There are 2 apartments on the main level and 2 on the upper level. Comes turn-key with most everything you need to keep it in the rental market. The 2 bedroom main floor apartment has an open kitchen/living room area with eat-in kitchen and a franklin woodstove on main level, a full bath plus changing area on main level, spiral stairs to the lower level where there are 2 bedrooms (1 is non-egress) & a family room with access to basement and laundry area. The other 3 apartments are one level with an open concept kitchen/living room area with a breakfast bar, 1 bedroom, full bath & 1 apartment have a franklin woodstove. Located in a semi-private area at the end of the cul de sac. Just under an acre and borders the Powdermill Creek. Propane heat, metal roof, drilled well and township sewer (PAUD). Schedule your appointment to preview this property.

Last Agent to Sell the Property

Gayle Colassaco

FIRST WEBER, INC License #UPAR Listed on: 06/11/2022

FIRST WEBER, INC

Last Buyer's Agent

Gayle Colassaco

FIRST WEBER, INC License #UPAR Listed on: 06/11/2022

FIRST WEBER, INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1977

Lot Details

  • 0.96 Acre Lot
  • Lot Dimensions are 248 x 168
  • Cul-De-Sac
  • Street terminates at a dead end

Parking

  • 3 Car Parking Spaces

Home Design

  • Brick Exterior Construction
  • Cedar

Interior Spaces

  • 2-Story Property
  • Furnished

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Basement

  • Walk-Out Basement
  • Partial Basement

Outdoor Features

  • Access to stream, creek or river

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 01-46-002-200

Community Details

Overview

  • 4 Units
  • Powderville Hamlet Subdivision

Building Details

  • Net Operating Income $24,299

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,734

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Flood Insurance: Not Required
  • Total Tax Amount: 1526
  • Total Tax Year: 2021
  • Year Built: 1977
  • Mail City: Bessemer
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail., Furnished
  • Appliances: Dishwasher, Range/Oven
  • Basement: Yes
  • Basement Type: Walk Out, Partial
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Estimated Sq Ft: 1400

Exterior Features

  • Construction: Brick, Cedar
  • Lake Name: Powdermill Creek
  • Water Features: Creek/Stream/Brook
  • Foundation Type: Basement
  • Roads: City/County

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

  • Water: Private Well
  • Cooling System: Central A/C
  • Fuel Type: Electric, Lp/Propane Gas
  • Heating System: Forced Air
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 01-46-002-200
  • Location: Cul-De-Sac, Dead End
  • Lot Dimensions: 248 x 168
  • Acreage: 0.96
  • Geo Subdivision: MI

Rental Info

  • Lease Information: Month-To-Month, Electric Included, Heat Included, Security Deposit, Water Included, Pets Allowed

Tax Info

  • Summer Tax: Year: 2021, Amount: $1,076.00
  • Winter Tax: Year: 2021, Amount: $450.00
  • Taxable Value: 29343
  • Total Tax: Year: 2021, Amount: $1,526.00
  • SEV Year: 2021

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Bessemer City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2024
Sold by
Alexander Alliance Llc
Bought by
Moos Christopher Craig and Moos April Christine
Total Days on Market
24
Current Estimated Value
$157,732

Purchase Details

Closed on
Feb 26, 2024
Sold by
Burckhardt Cody Patrick and Burckhardt Candace Beth
Bought by
Alexander Alliance Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,125
Interest Rate
6.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2019
Sold by
A & M Development Llc
Bought by
Justice Properties Llc

Purchase Details

Closed on
Jun 27, 2014
Sold by
Vietnam Veterans Of America Inc
Bought by
Brugger Robert and Brugger Andrea
Source: Public Records

Range of Values:

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Average Value
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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
Moos Christopher Craig $145,250 Associated Title
Alexander Alliance Llc $137,500 None Listed On Document
Justice Properties Llc -- Associated Ttl & Closing Svc
Brugger Robert $40,000 Associated Title & Closing S
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alexander Alliance Llc $103,125
Previous Owner Burckhardt Cody P $80,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2022 07/11/22 Sold $105,000 0.0% $75 / Sq Ft
07/05/2022 07/05/22 Pending -- -- --
06/11/2022 06/11/22 For Sale $105,000 -- $75 / Sq Ft
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 $2,734 $70,768 $70,768 $0
2024 $2,617 $59,535 $59,535 $0
2023 -- $50,868 $50,868 $0
2022 -- $35,990 $35,990 $0
2021 -- $29,521 $29,521 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $35,944 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2014 -- -- $0 $0
2013 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gayle Colassaco

    Seller's Agent in 2022

    Gayle Colassaco

    FIRST WEBER, INC

    (906) 364-0621

    186 Total Sales

    Gayle Colassaco
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50078053

Upper Peninsula Association of REALTORS®

APN: 01-46-002-200

Michigan Gogebic County Bessemer 49911

10740 Cannonball Ct, Bessemer, MI

This home is located at 10740 Cannonball Ct, Bessemer, MI 49911 since 11 June 2022 and is currently estimated at $157,732, approximately $112 per square foot. This property was built in 1977. 10740 Cannonball Ct is a home located in Gogebic County with nearby schools including Washington School, A.D. Johnston Junior/Senior High School, and St. Sebastian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Upper Peninsula Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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