$90,000
SOLD OCT 7, 2024

120 Bancroft St Ishpeming, MI 49849

4 Beds
2 Baths
1,946 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$46 Per Sq Ft

9% Below List Price

24 Days on Market

About This Home

As of October 2024

Investment opportunity! This duplex has an excellent rental history and long-term tenants. Unit 1 has a large eat in kitchen, 2 beds and a full bath. Unit 2 has 2-3 bedrooms, a spacious kitchen with pantry, good closet space, hardwood floors and a 12x10 deck. Parking is limited at 120 so included with the sale is 119 Bancroft located directly across the street. The garage is used for owner storage and the driveway is used for tenant off street parking. This duplex is across the street from the park and Lake Bancroft. ***119 Bancroft is 40x118 +/-.

Last Agent to Sell the Property

Kellie Hillier-Genschaw

RE/MAX 1ST REALTY License #UPAR Listed on: 09/03/2024

RE/MAX 1ST REALTY

Last Buyer's Agent

Kellie Hillier-Genschaw

RE/MAX 1ST REALTY License #UPAR Listed on: 09/03/2024

RE/MAX 1ST REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17

Year Built

  • Built in 1878

Lot Details

  • 2,178 Sq Ft Lot
  • 40 Ft Wide Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Michigan Basement
  • Partial Basement

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 52-51-112-004-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17

Year Built

Built in 1878

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units, Duplex
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Conventional Frame
  • Year Built: 1878
  • Mail City: Ishpeming
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: MI Basement, Partial
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Kitchen: Eat-In Kitchen
  • Source of Sq Ft: Cubicasa
  • Estimated Sq Ft: 1946

Exterior Features

  • Construction: Aluminum
  • Frontage: 40
  • Foundation Type: Basement
  • Roads: City/County

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 2
  • Parking: 3 Or More Spaces, Garage

Utilities

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

Lot Info

  • Assessor Parcel Number: 52-51-112-004-00
  • Lot Dimensions: 40x45x38x51***
  • Acreage: 0.05
  • Zoning: Residential
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Gas, Water/Sewer
  • Lease Information: Heat Included, Water Included

Tax Info

  • Summer Tax: Year: 2024
  • Winter Tax: Year: 2024

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
Sep 3, 2024
Closed on
Oct 7, 2024
Sold by
Klumb Tracy A
Bought by
Jack Holdings Group 1 Llc
Seller's Agent
Kellie Hillier-Genschaw
RE/MAX 1ST REALTY
Buyer's Agent
Kellie Hillier-Genschaw
RE/MAX 1ST REALTY
List Price
$99,000
Sold Price
$90,000
Premium/Discount to List
-$9,000
-9.09%
Total Days on Market
24
Views
13
Current Estimated Value
$138,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,313
Avg. Annual Appreciation
39.01%

Purchase Details

Closed on
Mar 18, 2024
Sold by
Klumb James P and Klumb Tracy A
Bought by
Klumb James P

Purchase Details

Closed on
Sep 2, 2005
Bought by
Klumb James
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $90,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Deed $66,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2024 10/07/24 Sold $90,000 -9.1% $46 / Sq Ft
09/27/2024 09/27/24 Pending -- -- --
09/03/2024 09/03/24 For Sale $99,000 +296.0% $51 / Sq Ft
03/04/2013 03/04/13 Sold $25,000 0.0% $12 / Sq Ft
02/12/2013 02/12/13 Pending -- -- --
01/20/2013 01/20/13 For Sale $25,000 -- $12 / 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
2024 $17 $62,900 $0 $0
2023 $400 $49,850 $0 $0
2022 $2,432 $39,300 $0 $0
2021 $2,373 $41,050 $0 $0
2020 $2,328 $39,300 $0 $0
2019 $2,288 $35,700 $0 $0
2018 $2,351 $36,850 $0 $0
2017 $2,332 $36,750 $0 $0
2016 $2,271 $36,300 $0 $0
2015 -- $36,300 $0 $0
2014 -- $38,000 $0 $0
2012 -- $37,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carol Vining Moore

    Seller's Agent in 2013

    Carol Vining Moore

    EXP REALTY OF MARQUETTE

    (906) 360-2633

    40 Total Sales

    Carol Vining Moore
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50154036

Upper Peninsula Association of REALTORS®

APN: 52-51-112-004-00

Michigan Marquette County Ishpeming 49849

120 Bancroft St, Ishpeming, MI

This home is located at 120 Bancroft St, Ishpeming, MI 49849 and is currently priced at $90,000, approximately $46 per square foot. This property was built in 1878. 120 Bancroft St is a home located in Marquette County with nearby schools including Birchview School, Ishpeming Middle School, and Ishpeming High School.

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