NOT LISTED FOR SALE

307 W Division St Ishpeming, MI 49849

Estimated Value: $119,263 - $151,000

4 Beds
2 Baths
1,578 Sq Ft
$85/Sq Ft Est. Value

Last Sold September 12, 2022

Last sale price $78,000 $49 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $799/month

68 Days on Market

Highlights

  • Deck
  • Fenced Yard
  • Hot Water Heating System

About This Home

As of September 2022

Here is your opportunity to make an investment, or have an owner occupied rental property! Located right on Division St is this four bedroom two bathroom duplex, which currently brings in $1,175 in rent each month. The downstairs unit offers two bedrooms and one full bathroom, with access to the basement as well. The upstairs unit offers two bedrooms and one full bathroom as well, with a nice deck outside the door. Plenty of parking in the driveway off the alley, and conveniently located to stores and restaurants. Schedule your showing today!

Last Agent to Sell the Property

DYLAN WILLEY

COLDWELL BANKER SCHMIDT REALTORS License #UPAR-6501429957 Listed on: 05/09/2022

COLDWELL BANKER SCHMIDT REALTORS

Last Buyer's Agent

Lee Haynes

SELECT REALTY License #UPAR

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 48x132
  • Fenced Yard

Parking

  • 3 Car Parking Spaces

Interior Spaces

  • 2-Story Property
  • Basement
  • Block Basement Construction

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Hot Water Heating System
  • Separate Meters

Community Details

  • 2 Units
  • Us Steel Corp Assessor's Plat Subdivision

Listing and Financial Details

  • Assessor Parcel Number 52-51-556-015-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

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 Amount: 1504
  • Year Built: 1880
  • Mail City: Ishpeming
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Block
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Source of Sq Ft: Measured

Exterior Features

  • Exterior Features: Deck, Fenced Yard, Sidewalks
  • Foundation Type: Basement
  • Roads: City/County

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

  • Water: Public Water
  • Fuel Type: Natural Gas
  • Heating System: Hot Water
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 52-51-556-015-00
  • Lot Dimensions: 48x132
  • Acreage: 0.15
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $752.00
  • Winter Tax: Year: 2021, Amount: $752.00
  • Total Tax: Amount: $1,504.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Ishpeming Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2022
Closed on
Sep 12, 2022
Sold by
Willey Daniel A
Bought by
Loveless Kameron M
Seller's Agent
DYLAN WILLEY
COLDWELL BANKER SCHMIDT REALTORS
Buyer's Agent
Lee Haynes
SELECT REALTY
List Price
$85,000
Sold Price
$78,000
Premium/Discount to List
-$7,000
-8.24%
Current Estimated Value
$134,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,316
Avg. Annual Appreciation
17.50%
Original Mortgage
$66,300
Outstanding Balance
$63,367
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$70,949

Purchase Details

Closed on
Jan 8, 2007
Bought by
Willey Daniel A
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
Loveless Kameron M $80,000 --
Willey Daniel A $44,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loveless Kameron M $66,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2022 09/12/22 Sold $78,000 -8.2% $49 / Sq Ft
07/16/2022 07/16/22 Pending -- -- --
07/05/2022 07/05/22 For Sale $85,000 0.0% $54 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
05/09/2022 05/09/22 For Sale $85,000 -- $54 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

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 $1,032 $51,950 $0 $0
2024 $10 $50,250 $0 $0
2023 $411 $41,050 $0 $0
2022 $1,555 $28,100 $0 $0
2021 $1,520 $28,300 $0 $0
2020 $1,490 $28,100 $0 $0
2019 $1,464 $27,900 $0 $0
2018 $1,423 $26,000 $0 $0
2017 $1,401 $26,050 $0 $0
2016 $1,360 $25,450 $0 $0
2015 -- $25,450 $0 $0
2014 -- $26,250 $0 $0
2012 -- $25,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50073459

Upper Peninsula Association of REALTORS®

APN: 52-51-556-015-00