NOT LISTED FOR SALE

203 N 5th St Ishpeming, MI 49849

Estimated Value: $176,000 - $264,000

-- Bed
-- Bath
3,155 Sq Ft
$73/Sq Ft Est. Value

Last Sold August 14, 2015

Last sale price $110,000 $35 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,412/month

10 Days on Market

Highlights

  • Porch
  • Forced Air Heating System
  • Laundry Facilities

About This Home

As of August 2015

One of A kind 4 plex, in excellent condition with great rental history, solid investment and priced below appraised value. Two of the units have been completely remodeled. Newer roof, windows and siding in the past ten years. Storage and laundry hook up for each unit is inside the building, ample parking and everything in town is within walking distance.

Last Agent to Sell the Property

Don Schinella

SELECT REALTY License #UPAR-6502349729 Listed on: 07/07/2015

Last Buyer's Agent

Don Schinella

SELECT REALTY License #UPAR-6502349729 Listed on: 07/07/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 75x100

Parking

  • 3 Car Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Additional Features

  • Porch
  • Forced Air Heating System

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 52-51-305-041-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Manufactured/Modular
  • Year Built: 1977
  • Mail City: Ishpeming
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Type: Full

Exterior Features

  • Construction: Vinyl Siding
  • Exterior Features: Porch

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

  • Water: Public Water
  • Fuel Type: Electric, Natural Gas
  • Heating System: Electric Heat, Forced Air
  • Sewer/Septic System: Public Sanitary

Condo/Co-op/Association

  • Community Amenities: Laundry Facility

Lot Info

  • Assessor Parcel Number: 52-51-305-041-00
  • Lot Dimensions: 75x100
  • Acreage: 0.17
  • Geo Subdivision: MI

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Ishpeming Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2015
Closed on
Aug 14, 2015
Seller's Agent
Don Schinella
SELECT REALTY
Buyer's Agent
Don Schinella
SELECT REALTY
List Price
$125,000
Sold Price
$110,000
Premium/Discount to List
-$15,000
-12%
Current Estimated Value
$230,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,847
Avg. Annual Appreciation
7.41%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
-- $110,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2015 08/14/15 Sold $110,000 -12.0% $35 / Sq Ft
07/17/2015 07/17/15 Pending -- -- --
07/07/2015 07/07/15 For Sale $125,000 -- $40 / 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 $2,390 $95,400 $0 $0
2024 $23 $70,050 $0 $0
2023 $533 $68,850 $0 $0
2022 $3,241 $63,400 $0 $0
2021 $3,162 $63,400 $0 $0
2020 $3,102 $63,400 $0 $0
2019 $3,049 $58,750 $0 $0
2018 $2,965 $57,400 $0 $0
2017 $2,889 $57,850 $0 $0
2016 $2,814 $40,100 $0 $0
2015 -- $40,100 $0 $0
2014 -- $42,950 $0 $0
2012 -- $43,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Don Schinella

    Seller's Agent in 2015

    Don Schinella

    SELECT REALTY

    (906) 362-9273

    29 in this area

    146 Total Sales

    Don Schinella
    Section Image
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10071648

Upper Peninsula Association of REALTORS®

APN: 52-51-305-041-00

Michigan Marquette County Ishpeming 49849

203 N 5th St, Ishpeming, MI

Not Listed for Sale

MultiFamily

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