NOT LISTED FOR SALE

1113 Ruby Ave Houghton, MI 49931

Estimated Value: $184,010 - $212,000

3 Beds
1 Bath
1,356 Sq Ft
$143/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $178,500 $132 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,262/month

7 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Eat-In Kitchen
  • Houghton Elementary School Rated A
  • Porch
  • Living Room

About This Home

As of May 2024

Don't miss out on this rare Investment/Rental Property Opportunity in an unbeatable location just steps away from Michigan Tech! This 3-bedroom, 1-bathroom home is perfectly positioned for student accommodation, or you can hold onto it for future development or single-family use. Properties like this, so close to Michigan Tech's campus, are hard to come by. Steeped in history, this home features hardwood floors in the living/dining area, preserving some of its original character. The first floor welcomes you with a living room, dining room with abundant storage, a kitchen, and a convenient walk-in pantry. Upstairs, you'll find two bedrooms and a full bathroom. The attic has been converted into a delightful bedroom with ample space for additional living area or a home office. Whether you're looking to invest in your Tech student's housing or planning for future opportunities, this property is a must-see. The current tenants have already signed a lease through May 1, 2025, providing a hassle-free transition for the next school year. Don't wait—secure this property now and be prepared for the future! All offers must be received by Thursday, April 18th, 2024 by 5pm. NOTICE: All information believed accurate but not warranted. It is the Buyers obligation to inspect the property and verify all information. The buyer bears all risks for any inaccuracies. Tax information is subject to change. Taxes are not 0. References to square footage, lot size/dimensions, and age are approximate.

Last Agent to Sell the Property

JENNIFER BREITMOSER

RE/MAX DOUGLASS R.E.-H License #UPAR-6501404022 Listed on: 04/12/2024

RE/MAX DOUGLASS R.E.-H

Last Buyer's Agent

Mike Borsum

RE/MAX DOUGLASS R.E.-H License #UPAR-6501278088

RE/MAX DOUGLASS R.E.-H

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 39x63x23.5x5x15.5x68
  • Historic Home

Home Design

  • Asphalt

Interior Spaces

  • 1,356 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Washer

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement

Outdoor Features

  • Porch

Utilities

  • Hot Water Heating System
  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Supervisor's Plat Of East Houghton Subdivision

Listing and Financial Details

  • Rent includes 12 months
  • Assessor Parcel Number 052-417-004-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,822

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type: Residential
  • Type Of Property: Single Family
  • Architecture Style: Historic
  • Structure Style: 2 Story
  • Total Tax Amount: 2709
  • Year Built: 1900
  • Mail City: Houghton
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Hardwood Floors
  • Appliances: Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement: Full, Stone
  • Bedrooms: 3
  • Bedroom 1: On 2nd Floor, Dimensions: 13 x 12
  • Bedroom 2: On 2nd Floor, Dimensions: 12 x 10
  • Bedroom 3: On 3rd Floor, Dimensions: 12 x 10
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: Second
  • Room Types: Living Room, Eat-In Kitchen, Formal Dining Room
  • Dining Room: On 1st Floor, Dimensions: 12 x 11
  • Kitchen: On 1st Floor, Dimensions: 12 x 9
  • Living Room: On 1st Floor, Dimensions: 12 x 11
  • Other Room1: Dimensions: 10x12, On Level: Third
  • Below Grade Sq Ft: 502
  • Above Grade Finished Sq Ft: 1356
  • Total Finished Sq Ft: 1356

Exterior Features

  • Exterior: Asphalt
  • Exterior Features: Porch
  • Foundation: Basement
  • Frontage: 39
  • Road: City/County, Year Round
  • Out Buildings: None (OtherStructures)
  • Frontage Type: Road

Garage/Parking

  • Garage: No

Utilities

  • Heating: Boiler, Hot Water
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Assessor Parcel Number: 052-417-004-00
  • Zoning: Residential, Other
  • Lot Dimensions: 39x63x23.5x5x15.5x68
  • Acreage: 0.06
  • Geo Subdivision: MI
  • Site/Lot Features: City Limits

Rental Info

  • Lease Incl: 12 Months
  • LeaseInfo: 12 Months
  • Lease Range: 12 Months
  • Lease Terms: 12 Months

Tax Info

  • Summer Tax: Year: 2023, Amount: $1,871.00
  • Winter Tax: Year: 2023, Amount: $838.00
  • Taxable Value: 42548
  • Total Tax: Amount: $2,709.00
  • SEV Year: 2023

MLS Schools

  • School District: Houghton-Portage Twp Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
May 31, 2024
Sold by
Red Jacket Properties Llc
Bought by
Greub Ricky
Seller's Agent
JENNIFER BREITMOSER
RE/MAX DOUGLASS R.E.-H
Buyer's Agent
Mike Borsum
RE/MAX DOUGLASS R.E.-H
List Price
$176,500
Sold Price
$178,500
Premium/Discount to List
$2,000
1.13%
Views
37
Current Estimated Value
$193,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,170
Avg. Annual Appreciation
6.18%
Original Mortgage
$142,800
Outstanding Balance
$140,992
Interest Rate
7.06%
Mortgage Type
Construction
Estimated Equity
$52,678

Purchase Details

Closed on
Jan 18, 2019
Sold by
Donald Berger and Donald Rita
Bought by
Red Jacket Properties Llc
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
Greub Ricky $178,500 Attorney Only
Red Jacket Properties Llc $69,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greub Ricky $142,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2024 05/31/24 Sold $178,500 +1.1% $132 / Sq Ft
04/12/2024 04/12/24 For Sale $176,500 -- $130 / 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 $2,822 $55,226 $0 $0
2024 $1,964 $52,620 $0 $0
2023 $1,871 $45,921 $0 $0
2022 $2,564 $41,045 $0 $0
2021 $2,510 $39,499 $0 $0
2020 $2,478 $38,687 $0 $0
2019 $1,698 $36,529 $0 $0
2018 $1,497 $37,725 $0 $0
2017 $1,436 $35,315 $0 $0
2016 -- $33,765 $0 $0
2015 -- $32,428 $0 $0
2014 -- $32,404 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50138599

Upper Peninsula Association of REALTORS®

APN: 052-417-004-00