NOT LISTED FOR SALE

120 Prospect St Ishpeming, MI 49849

Estimated Value: $81,000 - $126,000

2 Beds
1 Bath
1,085 Sq Ft
$105/Sq Ft Est. Value

Last Sold May 30, 2025

Last sale price $125,000 $115 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $614/month

Highlights

  • Porch
  • Bathroom on Main Level
  • Forced Air Heating System
  • Living Room
  • Shed
  • 1 Car Garage

About This Home

As of May 2025

1 Party List Nice, clean, well kept, older home.

Last Agent to Sell the Property

Daniel Menard

COLDWELL BANKER SCHMIDT REALTORS License #UPAR Listed on: 06/01/2025

COLDWELL BANKER SCHMIDT REALTORS

Last Buyer's Agent

Daniel Menard

COLDWELL BANKER SCHMIDT REALTORS License #UPAR Listed on: 06/01/2025

COLDWELL BANKER SCHMIDT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4

Year Built

  • Built in 1948

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x100

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,085 Sq Ft Home
  • 1.5-Story Property
  • Entryway
  • Living Room
  • Carpet
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Carport

Outdoor Features

  • Shed
  • Porch

Schools

  • Aspen Elementary And Middle School
  • Westwood High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 52-07-453-003-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type: Residential
  • Type Of Property: Single Family
  • Architecture Style: Conventional Frame
  • Structure Style: 1 1/2 Story
  • Year Built: 1948
  • Mail City: Ishpeming
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: None (InteriorFeatures)
  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: None (Basement)
  • Bedrooms: 2
  • Bedroom 1: On Upper Floor, Dimensions: 11 x 10
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On Upper Floor, Dimensions: 11 x 10
  • Bedroom 2 Floor Covering: Carpet
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 12 x 8, On Level: First, Flooring: Vinyl
  • Room Types: Entry, Living Room, First Flr Full Bathroom
  • Dining Room: On 1st Floor, Dimensions: 22 x 12
  • Dining Room Floor Covering: Carpet
  • Kitchen: On 1st Floor, Dimensions: 22 x 12
  • Kitchen Floor Covering: Carpet
  • Living Room: On 1st Floor, Dimensions: 22 x 12
  • Living Room Floor Covering: Carpet
  • Above Grade Finished Sq Ft: 1085
  • Total Finished Sq Ft: 1085

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Porch
  • Foundation: Crawl
  • Frontage: 50
  • Road: Access, City/County, Paved Street
  • Out Buildings: Shed
  • Frontage Type: Road

Garage/Parking

  • Garage: Carport
  • Garage Spaces: 1
  • Parking: 3 or More Spaces
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Street Lights

Schools

  • Elementary School: Aspen
  • Middle School: Aspen
  • High School: Westwood

Lot Info

  • Assessor Parcel Number: 52-07-453-003-00
  • Zoning: Residential
  • Lot Dimensions: 50x100
  • Acreage: 0.11
  • Geo Subdivision: MI
  • Site/Lot Features: City Limits

Tax Info

  • Summer Tax: Year: 2025
  • Winter Tax: Year: 2024

MLS Schools

  • Elementary School: Aspen
  • Middle School: Aspen
  • School District: NICE Community Schools
  • HighSchool: Westwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2025
Closed on
May 27, 2025
Sold by
Champion David and Jacobson Michael
Bought by
Gustafson Meghan E
Seller's Agent
Daniel Menard
COLDWELL BANKER SCHMIDT REALTORS
Buyer's Agent
Daniel Menard
COLDWELL BANKER SCHMIDT REALTORS
List Price
$125,000
Sold Price
$125,000
Current Estimated Value
$113,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,580
Avg. Annual Appreciation
-32.22%
Original Mortgage
$10,000
Outstanding Balance
$9,992
Interest Rate
6.83%
Estimated Equity
$103,428

Purchase Details

Closed on
Feb 22, 2021
Sold by
David Champion
Bought by
Champion David

Purchase Details

Closed on
Nov 30, 2007
Bought by
Champion David and Champion Lois
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
Gustafson Meghan E $125,000 Transnation Title Agency
Champion David -- Graybill & Mead Pllc
Champion David $51,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gustafson Meghan E $10,000
Open Gustafson Meghan E $114,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2025 06/01/25 For Sale $125,000 0.0% $115 / Sq Ft
05/30/2025 05/30/25 Sold $125,000 -- $115 / Sq Ft
04/25/2025 04/25/25 Pending -- -- --
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 $4 $31,600 $0 $0
2024 $4 $31,200 $0 $0
2023 $225 $28,000 $0 $0
2022 $902 $24,700 $0 $0
2021 $863 $25,900 $0 $0
2020 $852 $24,700 $0 $0
2019 $837 $23,600 $0 $0
2018 $839 $26,600 $0 $0
2017 $822 $27,800 $0 $0
2016 $468 $27,700 $0 $0
2015 -- $27,700 $0 $0
2014 -- $18,700 $0 $0
2012 -- $18,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50176813

Upper Peninsula Association of REALTORS®

APN: 52-07-453-003-00