NOT LISTED FOR SALE

116 E Division St Ishpeming, MI 49849

Estimated Value: $147,499

-- Bed
8 Baths
8,900 Sq Ft
$17/Sq Ft Est. Value

Last Sold December 03, 2020

Last sale price $107,500 $12 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $817/month

1 Day on Market

About This Home

As of December 2020

Investment Opportunity! 2 Buildings. Building 1 - Apartment Building with 6 apartments, 3 commercial spaces, plenty of storage, full basements, 2 attached garages, interior sauna, 2 new boilers in 2019. Building 2 - 5 garage stalls.

Last Agent to Sell the Property

Penne Figueiras

CENTURY 21 PRIME REALTY License #UPAR Listed on: 10/15/2020

CENTURY 21 PRIME REALTY

Last Buyer's Agent

SHERRY MCCARTHY

SELECT REALTY License #UPAR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25

Year Built

  • Built in 1880

Lot Details

  • 4,792

Parking

  • 4 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

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

Additional Features

  • 4,792 Sq Ft Lot
  • Hot Water Heating System

Community Details

  • 9 Units

Listing and Financial Details

  • Assessor Parcel Number 52-51-556-129-00 and 52-51-556

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Year: 2020
  • Year Built: 1880
  • Mail City: Ishpeming
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Estimated Sq Ft: 8900

Exterior Features

  • Construction: Vinyl Siding
  • Roads: City/County

Garage/Parking

  • Garage Type: Attached Garage, Detached Garage
  • Garage Spaces: 4
  • Parking: 3 Or More Spaces

Utilities

  • Water: Public Water
  • Fuel Type: Electric, Natural Gas
  • Heating System: Hot Water
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 52-51-556-129-00 and 52-51-556
  • Lot Dimensions: 50x100 and
  • Acreage: 0.11
  • Geo Subdivision: MI

Tax Info

  • Total Tax: Year: 2020

Multi Family

  • Total Units: 9

MLS Schools

  • School District: Ishpeming Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2020
Closed on
Dec 3, 2020
Sold by
Loy Peggy G
Bought by
Gerding Gino M
Seller's Agent
Penne Figueiras
CENTURY 21 PRIME REALTY
Buyer's Agent
SHERRY MCCARTHY
SELECT REALTY
List Price
$119,000
Sold Price
$107,500
Premium/Discount to List
-$11,500
-9.66%
Current Estimated Value
$147,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,999
Avg. Annual Appreciation
7.23%
Original Mortgage
$86,000
Outstanding Balance
$77,050
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$71,583

Purchase Details

Closed on
Nov 21, 2019
Sold by
Peterson Kimme D
Bought by
Loy Peggy G

Purchase Details

Closed on
Dec 28, 2011
Bought by
Peterson Kimme and Peggy Loy
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
Gerding Gino M $107,500 --
Loy Peggy G -- Loy Peggy G
Peterson Kimme $99,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerding Gino M $86,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2020 12/03/20 Sold $107,500 -9.7% $12 / Sq Ft
10/16/2020 10/16/20 Pending -- -- --
10/15/2020 10/15/20 For Sale $119,000 -- $13 / 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 $25 $76,000 $0 $0
2024 $25 $71,350 $0 $0
2023 $575 $66,000 $0 $0
2022 $3,495 $44,350 $0 $0
2021 $3,452 $53,650 $0 $0
2020 $2,778 $44,350 $0 $0
2019 $2,730 $43,600 $0 $0
2018 $2,654 $42,050 $0 $0
2017 $2,587 $41,150 $0 $0
2016 $2,519 $40,850 $0 $0
2015 -- $40,850 $0 $0
2014 -- $40,850 $0 $0
2012 -- $39,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Penne Figueiras

    Seller's Agent in 2020

    Penne Figueiras

    CENTURY 21 PRIME REALTY

    (866) 732-6139

    8 in this area

    71 Total Sales

    Section Image
  • SHERRY MCCARTHY

    Buyer's Agent in 2020

    SHERRY MCCARTHY

    SELECT REALTY

    (906) 228-2772

    27 in this area

    212 Total Sales

    Section Image
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10072338

Upper Peninsula Association of REALTORS®

APN: 52-51-556-129-00

Michigan Marquette County Ishpeming 49849

116 E Division St, Ishpeming, MI

This home is located at 116 E Division St, Ishpeming, MI 49849 since 15 October 2020 and is currently estimated at $147,499, approximately $16 per square foot. This property was built in 1880. 116 E Division St is a home located in Marquette County with nearby schools including Birchview School, Ishpeming Middle School, and Ishpeming High 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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