NOT LISTED FOR SALE

1320 Olmsted Ln Ishpeming, MI 49849

Estimated Value: $228,637 - $251,000

3 Beds
1 Bath
1,231 Sq Ft
$194/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $180,000 $146 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,253/month

60 Days on Market

About This Home

As of March 2024

Embrace the tranquility of West Ishpeming living in this delightful 3-bed, 1-bath home. Situated on a generous 1.5-acre lot with plenty of room for a future garage or pole barn, this residence offers a perfect blend of comfort and space. Enjoy the convenience of being within walking distance N.I.C.E Schools, making it an ideal location for families. The spacious back yard features a fireplace surrounded by woods, allowing for the perfect fall fires. The property also presents the opportunity for natural gas connectivity at the road, adding to its potential. Discover the perfect balance of rural serenity and accessibility in this charming West Ishpeming home. Your peaceful retreat awaits!

Last Agent to Sell the Property

Terry Huffman

RE/MAX 1ST REALTY License #UPAR Listed on: 12/01/2023

RE/MAX 1ST REALTY

Last Buyer's Agent

Kellie Hillier-Genschaw

RE/MAX 1ST REALTY License #UPAR

RE/MAX 1ST REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1977

Lot Details

  • 1.54 Acre Lot
  • Lot Dimensions are 257x250x279x249
  • Street terminates at a dead end

Parking

  • 3 Car Parking Spaces

Home Design

  • Bi-Level Home
  • Frame Construction

Interior Spaces

  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 52-16-218-028-30

Home Details

Home Type

Single Family

Est. Annual Taxes

$11

Year Built

Built in 1977

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: Bi-Level
  • Total Tax Amount: 2537.59
  • Year Built: 1977
  • Mail City: Ishpeming
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: None (InteriorFeatures)
  • Appliances: Negotiable (Appliances)
  • Basement: Yes
  • Basement: Full
  • Bedrooms: 3
  • Bedroom 1: On Upper Floor, Dimensions: 14 x 12
  • Bedroom 2: On Upper Floor, Dimensions: 10 x 12
  • Bedroom 3: On Upper Floor, Dimensions: 8 x 8
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 7 x 11, On Level: Upper
  • Dining Room: Dimensions: 9 x 11
  • Kitchen: Dimensions: 8 x 11
  • Living Room: Dimensions: 11 x 11
  • Below Grade Sq Ft: 906
  • Finished Below Grade Sq Ft: 325
  • Above Grade Finished Sq Ft: 906
  • Total Finished Sq Ft: 1231

Exterior Features

  • Exterior: Aluminum
  • Exterior Features: None (ExteriorFeatures)
  • Foundation: Basement
  • Frontage: 257
  • Road: Paved Street, Year Round
  • Out Buildings: None (OtherStructures)
  • Frontage Type: Road

Garage/Parking

  • Parking: 3 or More Spaces
  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Electric

Lot Info

  • Assessor Parcel Number: 52-16-218-028-30
  • Zoning: Residential
  • Lot Dimensions: 257x250x279x249
  • Acreage: 1.54
  • Geo Subdivision: MI
  • Site/Lot Features: Dead End, Walk to School

Rental Info

  • Lease Terms: Month-To-Month

Tax Info

  • Summer Tax: Year: 2020, Amount: $735.38
  • Winter Tax: Year: 2020, Amount: $1,802.21
  • Total Tax: Amount: $2,537.59

MLS Schools

  • School District: NICE Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
Mar 8, 2024
Sold by
Richards Family Trust
Bought by
Gaylor Hayden P and Blankenberger Madeline
Seller's Agent
Terry Huffman
RE/MAX 1ST REALTY
Buyer's Agent
Kellie Hillier-Genschaw
RE/MAX 1ST REALTY
List Price
$159,900
Sold Price
$180,000
Premium/Discount to List
$20,100
12.57%
Views
9
Current Estimated Value
$239,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,212
Avg. Annual Appreciation
18.94%
Original Mortgage
$10,000
Outstanding Balance
$9,834
Interest Rate
6.63%
Estimated Equity
$229,378

Purchase Details

Closed on
Jan 7, 2002
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
Gaylor Hayden P $180,000 None Listed On Document
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaylor Hayden P $10,000
Open Gaylor Hayden P $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2024 03/08/24 Sold $180,000 +12.6% $146 / Sq Ft
12/01/2023 12/01/23 For Sale $159,900 -- $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 $11 $94,200 $0 $0
2024 $11 $88,600 $0 $0
2023 $709 $80,800 $0 $0
2022 $2,650 $64,600 $0 $0
2021 $2,565 $65,400 $0 $0
2020 $2,538 $64,600 $0 $0
2019 $2,504 $63,700 $0 $0
2018 $2,923 $73,700 $0 $0
2017 $2,821 $73,700 $0 $0
2016 $2,818 $74,400 $0 $0
2015 -- $74,400 $0 $0
2014 -- $74,400 $0 $0
2012 -- $82,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Terry Huffman

    Seller's Agent in 2024

    Terry Huffman

    RE/MAX 1ST REALTY

    (906) 360-8258

    253 Total Sales

    Terry Huffman
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50129068

Upper Peninsula Association of REALTORS®

APN: 52-16-218-028-30

Michigan Marquette County Ishpeming 49814

1320 Olmsted Ln, Ishpeming, MI

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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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