NOT LISTED FOR SALE

205 E Vaughn St Ironwood, MI 49938

Estimated Value: $75,704

-- Bed
-- Bath
2,400 Sq Ft
$32/Sq Ft Est. Value

Last Sold September 21, 2017

Last sale price $45,000 $19 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $580/month

383 Days on Market

Highlights

  • 4 Car Garage
  • Forced Air Heating System
  • Laundry Facilities
  • Porch

About This Home

As of September 2017

6 unit apartment building with 5 of the units currently rented. Property also includes a 12 car garage. Great rental income and priced well below assessed value! Can purchase with 207 E Vaughn St. Motivated seller!

Last Agent to Sell the Property

Dean Lantta

NORTHERN TRAILS REALTY License #UPAR Listed on: 07/01/2016

NORTHERN TRAILS REALTY

Last Buyer's Agent

Dean Lantta

NORTHERN TRAILS REALTY License #UPAR Listed on: 07/01/2016

NORTHERN TRAILS REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,154

Year Built

  • Built in 1900

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 40x140

Parking

  • 4 Car Garage

Home Design

  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Partial Basement

Additional Features

  • Porch
  • Forced Air Heating System

Community Details

  • 6 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 2752-22-408: 120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,154

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Year: 2014
  • Year Built: 1900
  • Mail City: Ironwood
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Type: Partial
  • Estimated Sq Ft: 2400

Exterior Features

  • Construction: Stone, Vinyl Siding
  • Exterior Features: Porch
  • Roads: City/County

Garage/Parking

  • Garage Type: Attached Garage, Detached Garage
  • Garage Spaces: 4
  • Parking: 3 Or More Spaces

Utilities

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

Condo/Co-op/Association

  • Community Amenities: Laundry Facility

Lot Info

  • Assessor Parcel Number: 2752-22-408: 120
  • Lot Dimensions: 40x140
  • Acreage: 0.25
  • Geo Subdivision: MI

Tax Info

  • Total Tax: Year: 2014

Multi Family

  • Total Units: 6

MLS Schools

  • School District: Ironwood Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2016
Closed on
Sep 21, 2017
Sold by
Fernandez Nicholas
Bought by
Vaughn Street Apartments Inc
Seller's Agent
Dean Lantta
NORTHERN TRAILS REALTY
Buyer's Agent
Dean Lantta
NORTHERN TRAILS REALTY
List Price
$80,000
Sold Price
$45,000
Premium/Discount to List
-$35,000
-43.75%
Current Estimated Value
$75,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,704
Avg. Annual Appreciation
6.65%
Original Mortgage
$68,000
Outstanding Balance
$56,785
Interest Rate
3.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$18,919
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
Vaughn Street Apartments Inc -- Associated Title & Closing S
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vaughn Street Apartments Inc $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2017 09/21/17 Sold $45,000 -43.8% $19 / Sq Ft
07/19/2017 07/19/17 Pending -- -- --
07/01/2016 07/01/16 For Sale $80,000 -- $33 / 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 $2,154 $39,898 $1,680 $38,218
2024 $1,992 $37,354 $1,120 $36,234
2023 $2,040 $39,008 $920 $38,088
2022 $1,989 $27,106 $340 $26,766
2021 $2,018 $31,450 $280 $31,170
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $1,400 $39,346
2017 -- -- $0 $0
2016 -- -- $0 $0
2014 -- -- $0 $0
2013 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dean Lantta

    Seller's Agent in 2017

    Dean Lantta

    NORTHERN TRAILS REALTY

    (906) 932-1438

    42 in this area

    131 Total Sales

    Dean Lantta
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10071738

Upper Peninsula Association of REALTORS®

APN: 52-22-408-120

Michigan Gogebic County Ironwood 49938

205 E Vaughn St, Ironwood, MI

This home is located at 205 E Vaughn St, Ironwood, MI 49938 since 01 July 2016 and is currently estimated at $75,704, approximately $31 per square foot. This property was built in 1900. 205 E Vaughn St is a home located in Gogebic County with nearby schools including Luther L. Wright K-12 School, All Saints Catholic Academy, and Northwoods Christian Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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