NOT LISTED FOR SALE

1330 Stephenson Ave Escanaba, MI 49829

Escanaba Area

Estimated Value: $167,000 - $207,000

5 Beds
2 Baths
2,150 Sq Ft
$83/Sq Ft Est. Value

Sale Details

Date Sold: October 18, 2024

Last sale price $154,255 $72 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,281 / mo

22 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Living Room
  • Main Floor Bedroom
  • Porch
  • Community Playground

About This Home

As of October 2024

This listing sounds like a solid opportunity for both investors and potential homeowners looking to offset their mortgage with rental income. The duplex offers two separate units, with the lower one featuring recent updates like new paint and flooring, and already rented at $1,500 per month plus electric. The upper unit is smaller, with two bedrooms, one bath, and wood floors, bringing in $900 per month plus electric. Additionally, the property has a newly installed roof and a soon-to-be-installed hot water boiler, which adds value and reduces immediate maintenance concerns. The full basement with a half bath offers extra space, which could be a bonus for the main floor tenants. It's a great way to start building equity, especially with both units already generating rental income!

Last Agent to Sell the Property

Tammy Garling

KEY REALTY DELTA COUNTY LLC License #UPAR Listed on: 09/05/2024

KEY REALTY DELTA COUNTY LLC

Last Buyer's Agent

Scott Moiser

KEY REALTY DELTA COUNTY LLC License #UPAR

KEY REALTY DELTA COUNTY LLC

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1895

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x125

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Living Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Oven or Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Boiler Heating System
  • Separate Meters
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 051-370-2919-182-001

Community Details

Overview

  • 2 Units

Recreation

  • Community Playground
  • Park

Property Details

Home Type

Multi-Family

Year Built

Built in 1895

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units, Apartment, Duplex, Investment
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Conventional Frame
  • Total Tax Amount: 2505
  • Total Tax Year: 2023
  • Year Built: 1895
  • Mail City: Escanaba
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Hardwood Floors
  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Full
  • Bedrooms: 5
  • Bathroom Description: Basement Bath Lav/Half
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Kitchen: Eat-In Kitchen
  • Sub Room Description: First Floor Bedroom, Living Room
  • Source of Sq Ft: Assessors Data

Exterior Features

  • Construction: Vinyl Siding
  • Exterior Features: Porch
  • Frontage: 50
  • Foundation Type: Basement
  • Roads: Year Round

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Amenities: Park, Playground

Lot Info

  • Assessor Parcel Number: 051-370-2919-182-001
  • Lot Dimensions: 50x125
  • Acreage: 0.14
  • Zoning: Mixed Use, Multi-Family
  • Geo Subdivision: MI

Rental Info

  • Lease Information: Lease Term 1-2 Years, Month-To-Month, Gas Included, Heat Included, Security Deposit, Water Included

Tax Info

  • Summer Tax: Year: 2024, Amount: $1,341.00
  • Winter Tax: Year: 2023, Amount: $1,164.00
  • Total Tax: Year: 2023, Amount: $2,505.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Escanaba Area Public Schools

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2024
Closed on
Oct 18, 2024
Sold by
Bought by
Seller's Agent
Tammy Garling
KEY REALTY DELTA COUNTY LLC
Buyer's Agent
Scott Moiser
KEY REALTY DELTA COUNTY LLC
List Price
$153,900
Sold Price
$154,255
Premium/Discount to List
$355
0.23%
Views
13
Current Estimated Value
$178,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,654
Avg. Annual Appreciation
8.34%

Purchase Details

Listed on
Jul 2, 2021
Closed on
Oct 29, 2021
Sold by
Bought by
Seller's Agent
Lori Rymkos
PREMIER REAL ESTATE, INC.
Buyer's Agent
Tammy Garling
KEY REALTY DELTA COUNTY LLC
List Price
$82,000
Sold Price
$74,000
Premium/Discount to List
-$8,000
-9.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.06%

Purchase Details

Closed on
Mar 30, 2015
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,532
Interest Rate
3.73%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 27, 2009
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Escanaba, MI

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$154,255 --
$74,000 --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $57,532
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2024 10/18/24 Sold $154,255 +0.2% $72 / Sq Ft
09/05/2024 09/05/24 For Sale $153,900 +108.0% $72 / Sq Ft
10/29/2021 10/29/21 Sold $74,000 -9.8% $34 / Sq Ft View Prior Sale
09/21/2021 09/21/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $82,000 -- $38 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,590 $66,000 $0 $0
2025 $1,896 $60,100 $0 $0
2024 $1,341 $49,900 $0 $0
2023 $1,279 $43,900 $0 $0
2022 $2,332 $38,500 $0 $0
2021 $2,207 $37,000 $0 $0
2020 $2,183 $37,300 $0 $0
2019 $2,122 $35,900 $0 $0
2018 $2,072 $35,000 $0 $0
2017 $1,055 $33,831 $0 $0
2016 $2,024 $34,008 $0 $0
2014 $1,074 $35,236 $0 $0
2013 $1,074 $34,430 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50154358

Upper Peninsula Association of REALTORS®

APN: 051-370-2919-182-001

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