NOT LISTED FOR SALE

305 W Edwards Ave Houghton, MI 49931

Estimated Value: $188,863 - $208,000

3 Beds
1 Bath
1,440 Sq Ft
$137/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $153,000 $106 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,405/month

48 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Patio
  • Houghton Elementary School Rated A
  • Porch
  • Living Room

About This Home

As of February 2023

This 3-bedroom certified rental home is a rare find in Houghton, MI! This property is perfect for investors looking for a great return on their investment or for a family who wants to live close to campus The kitchen has been recently partially updated with new cabinets, countertops, flooring. The bathroom has also been remodeled with new vanity, shower enclosure, and flooring. The roof was also recently replaced with a high-quality metal roof that will last for years to come. Hardwood floors in entryway, living and dining room with high ceilings and pocket doors. The property also has paved parking for your convenience, that leads to an older garage that has a lot of potential. The driveway can accomidate 3+ vehicles, which corresponds with what the current rental permit allows. This home is located just 5 minutes, by car, from Michigan Technological University campus and two blocks away from Houghton-Portage Elementary Schools. It's also within walking distance of downtown Houghton and many restaurants and shops. This property is perfect for anyone looking to invest or move into the area!

Last Agent to Sell the Property

Adam Shirey

RE/MAX DOUGLASS R.E.-H License #UPAR-6501435183 Listed on: 11/02/2022

RE/MAX DOUGLASS R.E.-H

Last Buyer's Agent

Craig Heinonen

COLDWELL BANKER SCHMIDT REALTORS License #UPAR

COLDWELL BANKER SCHMIDT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Sloped Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Family Room
  • Living Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Freezer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Unfinished Basement

  • Stone Basement
  • Interior and Exterior Basement Entry

Outdoor Features

  • Patio
  • Porch

Utilities

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

Community Details

  • West Houghton 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 052-282-003-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,330

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type: 1 to 4 Units, Investment
  • Type Of Property: Single Family
  • Architecture Style: Conventional Frame
  • Structure Style: 2 Story
  • Total Tax Amount: 2957
  • Total Tax Year: 2021
  • Year Built: 19
  • Mail City: Houghton
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail., Hardwood Floors
  • Appliances: Dryer, Freezer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement: Outside Entrance, Interior Access, Stone, Unfinished
  • Bedrooms: 3
  • Bedroom 1: On Upper Floor, Dimensions: 12 x 11
  • Bedroom 2: On Upper Floor, Dimensions: 10 x 10
  • Bedroom 3: On Upper Floor, Dimensions: 12 x 8
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 9 x 7, On Level: Upper
  • Room Types: Entry, Family Room, Living Room, Second Floor Laundry
  • Below Grade Sq Ft: 720
  • Above Grade Finished Sq Ft: 1440
  • Total Finished Sq Ft: 1440

Exterior Features

  • Exterior: Wood
  • Exterior Features: Patio, Porch
  • Foundation: Basement, Michigan Basement
  • Frontage: 50
  • Road: City/County, Paved Street, Year Round
  • Out Buildings: Garage(s)
  • Frontage Type: Road

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 1
  • Parking: 3 or More Spaces, Paved Driveway
  • Garage: Yes

Utilities

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

Lot Info

  • Assessor Parcel Number: 052-282-003-00
  • Zoning: Residential
  • Lot Dimensions: 50x100
  • Acreage: 0.12
  • Geo Subdivision: MI
  • Site/Lot Features: Platted, Sloping, City Limits

Tax Info

  • Summer Tax: Year: 2021, Amount: $2,040.00
  • Winter Tax: Year: 2021, Amount: $917.00
  • Total Tax: Year: 2021, Amount: $2,957.00
  • SEV Year: 2022

MLS Schools

  • School District: Houghton-Portage Twp Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2022
Closed on
Jan 31, 2023
Sold by
Friar Matthew L Trust
Bought by
Dressel Peter
Seller's Agent
Adam Shirey
RE/MAX DOUGLASS R.E.-H
Buyer's Agent
Craig Heinonen
COLDWELL BANKER SCHMIDT REALTORS
List Price
$174,000
Sold Price
$153,000
Premium/Discount to List
-$21,000
-12.07%
Current Estimated Value
$196,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,954
Avg. Annual Appreciation
9.92%
Original Mortgage
$80,000
Outstanding Balance
$77,463
Interest Rate
6.27%
Mortgage Type
Construction
Estimated Equity
$119,491

Purchase Details

Listed on
May 15, 2020
Closed on
Jul 23, 2020
Sold by
Jindrich Mark R
Bought by
Friar Matthew L Trust
Seller's Agent
Jennifer Deephouse
STATE WIDE OF HOUGHTON
Buyer's Agent
REBECCA ZANDER
NORTHERN MICHIGAN LAND BROKERS - H
List Price
$88,800
Sold Price
$80,000
Premium/Discount to List
-$8,800
-9.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.95%
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
Dressel Peter $153,000 M&M Title
Friar Matthew L Trust $80,000 Transnation Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dressel Peter $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/10/2023 02/10/23 Sold $153,000 -8.9% $106 / Sq Ft
12/04/2022 12/04/22 Price Changed $167,900 -3.5% $117 / Sq Ft
11/02/2022 11/02/22 For Sale $174,000 +117.5% $121 / Sq Ft
07/23/2020 07/23/20 Sold $80,000 -9.9% $65 / Sq Ft View Prior Sale
06/25/2020 06/25/20 Pending -- -- --
05/15/2020 05/15/20 For Sale $88,800 -- $72 / 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 $4,330 $75,566 $0 $0
2024 $3,014 $68,556 $0 $0
2023 $2,205 $56,515 $0 $0
2022 $3,021 $49,069 $0 $0
2021 $2,957 $46,213 $0 $0
2020 $1,541 $43,833 $0 $0
2019 $1,513 $38,396 $0 $0
2018 $1,475 $37,113 $0 $0
2017 $1,416 $38,401 $0 $0
2016 -- $36,326 $0 $0
2015 -- $34,536 $0 $0
2014 -- $34,504 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Adam Shirey

    Seller's Agent in 2023

    Adam Shirey

    RE/MAX DOUGLASS R.E.-H

    (616) 799-1038

    128 Total Sales

    Adam Shirey
    Section Image
  • Craig Heinonen

    Buyer's Agent in 2023

    Craig Heinonen

    COLDWELL BANKER SCHMIDT REALTORS

    (906) 231-3635

    389 Total Sales

    Craig Heinonen
    Section Image
  • Jennifer Deephouse

    Seller's Agent in 2020

    Jennifer Deephouse

    STATE WIDE OF HOUGHTON

    (906) 370-6955

    200 Total Sales

    Jennifer Deephouse
    Section Image
  • REBECCA ZANDER

    Buyer's Agent in 2020

    REBECCA ZANDER

    NORTHERN MICHIGAN LAND BROKERS - H

    (906) 281-0104

    81 Total Sales

    REBECCA ZANDER
    Section Image
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50094986

Upper Peninsula Association of REALTORS®

APN: 052-282-003-00

Michigan Houghton County Houghton 49931

305 W Edwards Ave, Houghton, MI

This home is located at 305 W Edwards Ave, Houghton, MI 49931 since 02 November 2022 and is currently estimated at $196,954, approximately $136 per square foot. 305 W Edwards Ave is a home located in Houghton County with nearby schools including Houghton Elementary School, Houghton Middle School, and Houghton Central 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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