NOT LISTED FOR SALE

152 Gibbs City Rd Iron River, MI 49935

Estimated Value: $129,312 - $301,000

3 Beds
1.5 Baths
1,092 Sq Ft
$174/Sq Ft Est. Value

Last Sold December 30, 2014

Last sale price $31,000 $28 Per Sq Ft

Est. 512% increase in value since last sale

Current estimated payment $1,097/month

604 Days on Market

Highlights

  • Pole Barn
  • Bathroom on Main Level
  • Forced Air Heating System
  • 3 Car Attached Garage
  • 1-Story Property

About This Home

As of December 2014

HUGE PRICE REDUCTION! "Home with possibilities!"3 Bedroom/1 Bath all on the main level with a "15x21 attached single car garage." Freshen me up and I will be quite cozy! My basement has two semi-finished areas for extra living space plus the start of another bathroom area. There is also a walk-out to a nice backyard AND did I mention that 36x36 3-car garage/pole building. I need just a little TLC to bring me back to life! I have some recent updates including newer roof & electrical. I would make a great starter home, retirement home or seasonal getaway and I have enough extra storage space in the pole building to store lawn mowers, snowmobiles, boats & numerous other toys! How about this idea - If you don't have any toys maybe you could "rent the extra storage space" for some extra income! I am located out of town just a little bit but there are many lakes, rivers & downtown shopping nearby. I have been priced to sell. Don't miss out! I could be the one that you've been looking for!

Last Agent to Sell the Property

BARBARA BENSON-STAFFORD

U.P. RIVERLAND REALTY License #UPAR-6502352745 Listed on: 04/24/2013

Last Buyer's Agent

Jeff Dohl

RE/MAX NORTH COUNTRY-IR License #UPAR

RE/MAX NORTH COUNTRY-IR

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 0.64 Acre Lot
  • Lot Dimensions are 165x170

Parking

  • 3 Car Attached Garage

Home Design

  • Stucco

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Pole Barn

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 004-021-072-00

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 1 Story
  • Total Tax Year: 2012
  • Year Built: 1948
  • Mail City: Iron River
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Basement: Yes
  • Basement: Full, Walk Out
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 12 x 10
  • Bedroom 2: On 1st Floor, Dimensions: 11 x 12
  • Bedroom 3: On 1st Floor, Dimensions: 12 x 9
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: On Level: First
  • Bathroom 2: On Level: Basement
  • Room Types: First Floor Bedroom, First Flr Full Bathroom
  • Family Room: In Basement, Dimensions: 24 x 13
  • Kitchen: On 1st Floor, Dimensions: 14 x 10
  • Living Room: On 1st Floor, Dimensions: 14 x 12
  • Below Grade Sq Ft: 780
  • Finished Below Grade Sq Ft: 312
  • Above Grade Finished Sq Ft: 780
  • Total Finished Sq Ft: 1092
  • Half Bathrooms: 1

Exterior Features

  • Exterior: Stucco
  • Foundation: Basement
  • Out Buildings: Pole Barn

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 3
  • Garage: Yes

Utilities

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

Lot Info

  • Assessor Parcel Number: 004-021-072-00
  • Lot Dimensions: 165x170
  • Acreage: 0.64
  • Geo Subdivision: MI

Tax Info

  • Total Tax: Year: 2012

MLS Schools

  • School District: West Iron County School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2013
Closed on
Dec 30, 2014
Bought by
Justice George and Justice Krysta
Seller's Agent
BARBARA BENSON-STAFFORD
U.P. RIVERLAND REALTY
Buyer's Agent
Jeff Dohl
RE/MAX NORTH COUNTRY-IR
List Price
$55,000
Sold Price
$31,000
Premium/Discount to List
-$24,000
-43.64%
Current Estimated Value
$189,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,828
Avg. Annual Appreciation
17.45%

Purchase Details

Closed on
Mar 28, 2000
Sold by
Angeloff Rev Trust and Angeloff Frances E

Purchase Details

Closed on
Mar 24, 2000
Sold by
Angeloff Rev Trust and Angeloff Frances E
Bought by
Shimum Mark A and Shimum Jean M

Purchase Details

Closed on
Dec 14, 1998
Sold by
Angeloff Frances E
Bought by
Angeloff Rev Trust and Angeloff Frances E
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
Justice George -- Peninsula Title & Abstract
-- -- --
Shimum Mark A $35,000 --
Angeloff Rev Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Shimun Mark A $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2014 12/30/14 Sold $31,000 -43.6% $28 / Sq Ft
12/19/2014 12/19/14 Pending -- -- --
04/24/2013 04/24/13 For Sale $55,000 -- $50 / 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 -- $62,600 $62,600 $0
2024 $760 $52,710 $52,710 $0
2023 $702 $51,700 $51,700 $0
2022 $668 $45,700 $45,700 $0
2021 $1,114 $43,800 $43,800 $0
2020 $641 $42,400 $42,400 $0
2019 -- $44,300 $44,300 $0
2018 -- $38,800 $0 $0
2016 -- $37,700 $0 $0
2015 $29,227 $37,000 $0 $0
2014 $29,227 $34,500 $0 $0
2013 $29,227 $33,800 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10007972

Upper Peninsula Association of REALTORS®

APN: 004-021-072-00