NOT LISTED FOR SALE

1107 N 3rd St Ishpeming, MI 49849

Estimated Value: $118,000 - $171,000

4 Beds
2 Baths
2,002 Sq Ft
$78/Sq Ft Est. Value

Last Sold May 19, 2022

Last sale price $120,000 $60 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $974/month

10 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Forced Air Heating System

About This Home

As of May 2022

Great Investment Opportunity or Owner-Occupied Rental Property! Side by side duplex in convenient Ishpeming location currently bringing in $1,175 in rent per month or rent one unit while living in the other allowing the tenant to help pay your mortgage. Each unit has two bedrooms and a full bathroom and is plenty spacious. The original woodwork, stair banisters, nice built ins and leaded windows bring the charm to the units. The full basement houses furnaces, electric meters, hot water tanks for each unit along with the laundry hookups.

Last Agent to Sell the Property

Adam Karki

RE/MAX 1ST REALTY License #UPAR Listed on: 04/04/2022

RE/MAX 1ST REALTY

Last Buyer's Agent

Don Schinella

SELECT REALTY License #UPAR-6502349729

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 47x100

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Oven or Range

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Gas Water Heater
  • Internet Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 52-51-302-045-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 2173.98
  • Year Built: 1900
  • Mail City: Ishpeming
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail., Ceramic Floors, Hardwood Floors
  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Full
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Half Bathrooms: 2
  • Source of Sq Ft: Measured

Exterior Features

  • Construction: Vinyl Siding
  • Exterior Features: Porch
  • Foundation Type: Basement
  • Roads: City/County, Paved Street, Year Round

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 52-51-302-045-00
  • Location: Main Street
  • Lot Dimensions: 47X100
  • Acreage: 0.11
  • Lot Description: Platted
  • Zoning: Residential

Rental Info

  • Landlord Pays: Gas, Taxes, Water/Sewer
  • Lease Information: Month-To-Month

Tax Info

  • Summer Tax: Year: 2021, Amount: $1,362.43
  • Winter Tax: Year: 2021, Amount: $811.55
  • Total Tax: Amount: $2,173.98

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Ishpeming Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2022
Closed on
May 19, 2022
Sold by
Bath William R and Bath Lois H
Bought by
Worth Anthony
Seller's Agent
Adam Karki
RE/MAX 1ST REALTY
Buyer's Agent
Don Schinella
SELECT REALTY
List Price
$119,900
Sold Price
$120,000
Premium/Discount to List
$100
0.08%
Current Estimated Value
$156,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,411
Avg. Annual Appreciation
7.62%
Original Mortgage
$96,000
Outstanding Balance
$88,807
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$67,604

Purchase Details

Closed on
May 29, 2003
Bought by
Bath William and Bath Lois
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Worth Anthony $120,000 None Listed On Document
Bath William $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Worth Anthony $96,000
Closed Worth Anthony $12,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2022 05/19/22 Sold $120,000 +0.1% $60 / Sq Ft
04/14/2022 04/14/22 Pending -- -- --
04/04/2022 04/04/22 For Sale $119,900 -- $60 / 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 $1,851 $62,150 $0 $0
2024 $18 $58,250 $0 $0
2023 $529 $52,900 $0 $0
2022 $1,911 $43,700 $0 $0
2021 $2,174 $43,700 $0 $0
2020 $2,133 $43,700 $0 $0
2019 $2,096 $42,900 $0 $0
2018 $2,038 $38,150 $0 $0
2017 $1,986 $37,850 $0 $0
2016 $1,934 $36,200 $0 $0
2015 -- $36,200 $0 $0
2014 -- $32,950 $0 $0
2012 -- $33,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50069794

Upper Peninsula Association of REALTORS®

APN: 52-51-302-045-00