NOT LISTED FOR SALE

Estimated Value: $54,673

Studio
2 Baths
2,677 Sq Ft
$20/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $38,500 $14 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $401/month

400 Days on Market

About This Home

As of October 2020

Great investment! Known building in perfect downtown location! Walking distance of restaurants, public library, coffee shops! Spacious lot! Main floor unit has 2 bedrooms, large living room with large storage closet, expansive kitchen with excellent storage space. Upstairs unit is cozy with a cute kitchen. Full bathroom with shower. Basement has inside and outside entrances.

Last Agent to Sell the Property

Kelly Challancin

LEEDS REAL ESTATE License #UPAR-6501420449 Listed on: 07/09/2019

Last Buyer's Agent

Cindi Strehlow

STEPHENS REAL ESTATE License #UPAR-6501387405

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1885

Lot Details

  • 5,663 Sq Ft Lot

Home Design

  • Vinyl Siding

Interior Spaces

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 051-100-486-00 051-500-382-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1885

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: 2018
  • Year Built: 1885
  • Mail City: Iron Mountain
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Full

Exterior Features

  • Construction: Vinyl Siding
  • Roads: City/County

Utilities

  • Water: Public Water
  • Cooling System: Window Unit(s)
  • 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: 051-100-486-00 051-500-382-00
  • Lot Dimensions: Lot 1- 50ft frontage 120
  • Acreage: 0.13
  • Geo Subdivision: MI

Multi Family

  • Total Units: 2

Tax Info

  • Total Tax: Year: 2018

MLS Schools

  • School District: Iron Mountain City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2019
Closed on
Oct 15, 2020
Sold by
Rittenhouse Broc A
Bought by
Stec Properties Llc
Seller's Agent
Kelly Challancin
LEEDS REAL ESTATE
Buyer's Agent
Cindi Strehlow
STEPHENS REAL ESTATE
List Price
$49,900
Sold Price
$38,500
Premium/Discount to List
-$11,400
-22.85%
Current Estimated Value
$54,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,173
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
Stec Properties Llc $38,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2020 10/15/20 Sold $38,500 -22.8% $14 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
07/09/2019 07/09/19 For Sale $49,900 -- $19 / 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 $1,380 $60,100 $1,000 $59,100
2024 $13 $43,000 $1,100 $41,900
2023 $1,265 $34,400 $0 $0
2022 $1,584 $26,400 $0 $0
2021 $1,534 $24,600 $0 $0
2020 $1,258 $24,600 $0 $0
2019 $1,225 $22,300 $0 $0
2018 $1,200 $22,300 $0 $0
2017 $888 $22,000 $0 $0
2016 $867 $18,400 $2,400 $16,000
2014 -- $18,400 $2,400 $16,000
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: 10072333

Upper Peninsula Association of REALTORS®

APN: 051-100-486-00