NOT LISTED FOR SALE

223 Diamond St Iron River, MI 49935

Estimated Value: $80,000 - $531,000

-- Bed
-- Bath
3,500 Sq Ft
$57/Sq Ft Est. Value

Last Sold November 16, 2018

Last sale price $42,000 $12 Per Sq Ft

Est. 373% increase in value since last sale

Current estimated payment $1,203/month

112 Days on Market

About This Home

As of November 2018

Perfect investment opportunity!!! All four units are rented. Great location, close to school and other amenities. The well planned apartments make them feel spacious, and each one has their own deck or balcony to relax on. Average annual income at current rents totals ~$21,600. Annual fixed expenses ~$6459 which includes the following monthly amounts paid by owner: Heat $150, Water $200, Insurance $60 and $128 property taxes. If you are looking for a rental income property that works, this is it!

Last Agent to Sell the Property

PAMELA UREN

RE/MAX NORTH COUNTRY License #UPAR-6501400956 Listed on: 05/21/2018

RE/MAX NORTH COUNTRY

Co-Listed By

Danelle Dove

RE/MAX NORTH COUNTRY License #UPAR

Last Buyer's Agent

PAMELA UREN

RE/MAX NORTH COUNTRY License #UPAR-6501400956 Listed on: 05/21/2018

RE/MAX NORTH COUNTRY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 45x120

Parking

  • 3 Car Parking Spaces

Interior Spaces

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

Utilities

  • Forced Air Heating System
  • Internet Available

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 3605511402600

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Year Built: 1940
  • Mail City: Iron River
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Fireplace: Yes
  • Basement: Yes
  • Basement Type: Full
  • Estimated Sq Ft: 3500

Exterior Features

  • Construction: Aluminum
  • Roads: City/County

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

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

Lot Info

  • Assessor Parcel Number: 3605511402600
  • Lot Dimensions: 45x120
  • Acreage: 0.12
  • Geo Subdivision: MI

Multi Family

  • Total Units: 4

MLS Schools

  • School District: West Iron County School District

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

Mortgage History

Date Status Borrower Loan Amount
Closed Ck Rental Inc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2018 11/16/18 Sold $42,000 -34.9% $12 / Sq Ft
09/10/2018 09/10/18 Pending -- -- --
05/21/2018 05/21/18 For Sale $64,500 +51.8% $18 / Sq Ft
09/18/2015 09/18/15 Sold $42,500 -32.4% $12 / Sq Ft
07/18/2015 07/18/15 Pending -- -- --
09/13/2011 09/13/11 For Sale $62,900 -- $18 / 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 -- $38,950 $38,950 $0
2024 $1,468 $35,670 $35,670 $0
2023 $1,416 $30,210 $30,210 $0
2022 $1,349 $27,700 $27,700 $0
2021 $1,503 $25,860 $25,860 $0
2020 $1,292 $24,098 $24,098 $0
2019 -- $23,504 $23,504 $0
2018 -- $26,106 $0 $0
2016 $22,957 $24,991 $0 $0
2015 $22,957 $26,350 $0 $0
2014 $22,957 $25,160 $0 $0
2013 $22,957 $25,800 $0 $0
2012 $1,359 $25,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2018

    PAMELA UREN

    RE/MAX NORTH COUNTRY

    Section Image
  • Danelle Dove

    Seller Co-Listing Agent in 2018

    Danelle Dove

    RE/MAX NORTH COUNTRY

    (906) 367-6331

    14 in this area

    338 Total Sales

    Danelle Dove
    Section Image

  • N

    Seller's Agent in 2015

    Nicole Hebert

    KELLER WILLIAMS CLASSIC REALTY NW

    (906) 284-0216

    44 in this area

    192 Total Sales

    Nicole Hebert
    Section Image
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10072138

Upper Peninsula Association of REALTORS®

APN: 055-114-026-00

Michigan Iron County Iron River 49935

223 Diamond St, Iron River, MI

This home is located at 223 Diamond St, Iron River, MI 49935 since 21 May 2018 and is currently estimated at $198,615, approximately $56 per square foot. This property was built in 1940. 223 Diamond St is a home located in Iron County with nearby schools including Stambaugh Elementary School, West Iron County Middle School, and West Iron County High School.

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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