NOT LISTED FOR SALE

119 E Sellar St Bessemer, MI 49911

Estimated Value: $69,510

10 Beds
5 Baths
4,633 Sq Ft
$15/Sq Ft Est. Value

Last Sold March 22, 2023

Last sale price $65,000 $14 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $431/month

64 Days on Market

About This Home

As of March 2023

Great income potential! This 5 unit apartment building is 1/2 block off the main street of Bessemer. 1 - 3BD, 3 - 2BD, and 1 - 1BD apartments. Rents generated $32,400 per year. Needs some TLC, but all units were rented till October, 2022. Land Contract Available!

Last Agent to Sell the Property

Dean Lantta

NORTHERN TRAILS REALTY License #UPAR Listed on: 12/21/2022

NORTHERN TRAILS REALTY

Last Buyer's Agent

Pete Seifert

FIRST WEBER, INC License #UPAR-6501422652

FIRST WEBER, INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1910

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 55x132

Parking

  • 1 Car Detached Garage

Interior Spaces

  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Boiler Heating System
  • Separate Meters
  • Electric Water Heater

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 51-00-104-300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$600

Year Built

Built in 1910

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 Amount: 600
  • Year Built: 1910
  • Mail City: Bessemer
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Bedrooms: 10
  • Full Bathrooms: 5
  • Total Bathrooms: 6
  • Half Bathrooms: 1

Exterior Features

  • Foundation Type: Basement
  • Roads: City/County, Year Round

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 1

Utilities

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

Lot Info

  • Assessor Parcel Number: 51-00-104-300
  • Lot Dimensions: 55x132
  • Acreage: 0.16
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $450.00
  • Winter Tax: Year: 2022, Amount: $150.00
  • Total Tax: Amount: $600.00

Multi Family

  • Total Units: 5

MLS Schools

  • School District: Bessemer City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2024
Sold by
Morris Kenneth
Bought by
Thull James
Current Estimated Value
$69,510

Purchase Details

Listed on
Dec 21, 2022
Closed on
Mar 21, 2023
Sold by
Morris Kenneth
Bought by
Thull James
Seller's Agent
Dean Lantta
NORTHERN TRAILS REALTY
Buyer's Agent
Pete Seifert
FIRST WEBER, INC
List Price
$70,000
Sold Price
$65,000
Premium/Discount to List
-$5,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.38%

Purchase Details

Closed on
Oct 15, 2021
Sold by
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Thull James $65,000 None Listed On Document
Thull James -- --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/22/2023 03/22/23 Sold $65,000 -7.1% $14 / Sq Ft
02/23/2023 02/23/23 Pending -- -- --
12/21/2022 12/21/22 For Sale $70,000 +567.4% $15 / Sq Ft
08/14/2014 08/14/14 Sold $10,489 -4.6% $2 / Sq Ft View Prior Sale
08/07/2014 08/07/14 Pending -- -- --
06/26/2014 06/26/14 For Sale $11,000 -- $2 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

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 $2,171 $36,244 $935 $35,309
2024 $537 $36,116 $715 $35,401
2022 $512 $8,478 $8,478 $0
Source: Public Records

Agents Affiliated with this Home

  • Dean Lantta

    Seller's Agent in 2023

    Dean Lantta

    NORTHERN TRAILS REALTY

    (906) 932-1438

    124 Total Sales

    Dean Lantta
    Section Image
  • Pete Seifert

    Buyer's Agent in 2023

    Pete Seifert

    FIRST WEBER, INC

    (906) 285-9955

    251 Total Sales

    Pete Seifert
    Section Image

  • J

    Seller's Agent in 2014

    JANICE WYSSLING

    THE REAL ESTATE STORE

    (906) 285-0191

    4 Total Sales

    JANICE WYSSLING
    Section Image
  • ELLEN WYSSLING

    Buyer's Agent in 2014

    ELLEN WYSSLING

    THE REAL ESTATE STORE

    (906) 364-0655

    116 Total Sales

    ELLEN WYSSLING
    Section Image
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50098114

Upper Peninsula Association of REALTORS®

APN: 51-00-104-300

Michigan Gogebic County Bessemer 49911

119 E Sellar St, Bessemer, MI

Not Listed for Sale

MultiFamily

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