$27,500
SOLD NOV 29, 2022

140 W Pewabic St Ironwood, MI 49938

5 Beds
2 Baths
1,362 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$20 Per Sq Ft

50% Below List Price

121 Days on Market

About This Home

As of July 2024

Excellent location and rental potential! This duplex in Ironwood offers 2 units with ample parking and a nice fenced in yard. There are updated 100 amp panels with one for each unit. The front unit offers a spacious living room with an open concept to the dining area. The kitchen is off the dining area and from there you will find a stairway that leads to the 3 bedrooms. The back unit is arranged with a living room that has a kitchen and bathroom off of it along with 2 bedrooms on the upper floor. The basement is solid and there is an exit from the basement out the the back yard. Check this one out today as it has great potential as an investment property!

Last Agent to Sell the Property

Pete Seifert

FIRST WEBER - BESSEMER Listed on: 07/29/2022

FIRST WEBER - BESSEMER

Last Buyer's Agent

Pete Seifert

FIRST WEBER - BESSEMER Listed on: 07/29/2022

FIRST WEBER - BESSEMER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $741

Year Built

  • Built in 1905

Lot Details

  • 5,663 Sq Ft Lot

Home Design

  • Duplex
  • Frame Construction

Interior Spaces

  • 1,362 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Well

Community Details

  • Case & Longyear Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 52-22-156-050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$741

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Ownership: Fee Simple
  • Subdivision Name: Case & Longyear Add
  • Directions: From Bessemer Go W on US2 into Ironwood. Take a left on Lowell St. Go .4 Miles to Right on Pewabic to house on Right
  • Above Grade Finished Sq Ft: 1362.0
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1905
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplace: No

Exterior Features

  • Waterfront: No
  • Construction Type: Frame

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Heating: Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 5663.0
  • Parcel #: 52-22-156-050

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
Jul 22, 2024
Sold by
Ricci Teddy Allen and Ricci Sharon Lynn
Bought by
Galligan-Mills Lori
Seller's Agent
Pete Seifert
FIRST WEBER - BESSEMER
Buyer's Agent
Pete Seifert
FIRST WEBER - BESSEMER
List Price
$79,900
Sold Price
$47,000
Premium/Discount to List
-$32,900
-41.18%
Views
378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.02%

Purchase Details

Listed on
Jul 29, 2022
Closed on
Nov 30, 2022
Sold by
Source Holding Company Llc
Bought by
Ricci Teddy Allen and Ricci Sharon Lynn
Seller's Agent
Pete Seifert
FIRST WEBER - BESSEMER
Buyer's Agent
Pete Seifert
FIRST WEBER - BESSEMER
List Price
$54,900
Sold Price
$27,500
Premium/Discount to List
-$27,400
-49.91%
Views
296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.38%

Purchase Details

Closed on
Mar 8, 2022
Sold by
Ovind Andrew J
Bought by
Source Holding Company Llc

Purchase Details

Closed on
Dec 21, 2021
Sold by
Kobesko Chris F
Bought by
Ovind Andrew J

Purchase Details

Closed on
Jun 5, 2013
Sold by
Barbera Joseph E and Barbera Barbara E
Bought by
Kobesko Chris F
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $47,000 Associated Title
Warranty Deed $27,500 --
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- --
Warranty Deed $25,000 --
Warranty Deed -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 For Sale $69,900 +48.7% $51 / Sq Ft
07/23/2024 07/23/24 Sold $47,000 -14.4% $35 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
06/19/2024 06/19/24 Price Changed $54,900 -6.9% $40 / Sq Ft
04/16/2024 04/16/24 Price Changed $59,000 -9.2% $43 / Sq Ft
03/20/2024 03/20/24 Price Changed $65,000 -5.8% $48 / Sq Ft
02/27/2024 02/27/24 Price Changed $69,000 -13.6% $51 / Sq Ft
02/17/2024 02/17/24 For Sale $79,900 +190.5% $59 / Sq Ft
11/29/2022 11/29/22 Sold $27,500 -8.0% $20 / Sq Ft
10/10/2022 10/10/22 Price Changed $29,900 -14.3% $22 / Sq Ft
09/07/2022 09/07/22 Price Changed $34,900 -12.5% $26 / Sq Ft
08/21/2022 08/21/22 Price Changed $39,900 -11.1% $29 / Sq Ft
08/19/2022 08/19/22 Price Changed $44,900 -10.0% $33 / Sq Ft
08/05/2022 08/05/22 Price Changed $49,900 -9.1% $37 / Sq Ft
07/30/2022 07/30/22 For Sale $54,900 -- $40 / Sq Ft
Source: Greater Northwoods MLS

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 $741 $12,370 $12,370 $0
2023 $604 $10,593 $10,593 $0
2022 $652 $8,885 $8,885 $0
2021 $646 $7,628 $7,628 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $9,237 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2014 -- -- $0 $0
2013 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 198228

Greater Northwoods MLS

APN: 52-22-156-050