NOT LISTED FOR SALE

308 S Lake St Ishpeming, MI 49849

Estimated Value: $71,000 - $132,000

3 Beds
2 Baths
1,775 Sq Ft
$59/Sq Ft Est. Value

Last Sold February 05, 2016

Last sale price $24,900 $14 Per Sq Ft

Est. 319% increase in value since last sale

Current estimated payment $547/month

71 Days on Market

Highlights

  • 0.6 Acre Lot
  • Fireplace
  • Forced Air Heating System

About This Home

As of February 2016

This duplex has an updated interior, a convenient location and a maintenance free yard! Both units are rented. Each unit has W/D hook ups. Priced to sell!

Last Agent to Sell the Property

Kellie Hillier-Genschaw

RE/MAX 1ST REALTY License #UPAR Listed on: 10/29/2015

RE/MAX 1ST REALTY

Last Buyer's Agent

Cheryl Jackson

RE/MAX 1ST REALTY License #UPAR

RE/MAX 1ST REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8

Year Built

  • Built in 1880

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 48x55

Home Design

  • Asphalt

Interior Spaces

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

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 525155601700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8

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

Interior Features

  • Fireplace: Yes
  • Basement: Yes
  • Basement Type: Full

Exterior Features

  • Construction: Asphalt

Utilities

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

Lot Info

  • Assessor Parcel Number: 525155601700
  • Lot Dimensions: 48x55
  • Acreage: 0.6
  • Geo Subdivision: MI

Multi Family

  • Total Units: 1

MLS Schools

  • School District: Ishpeming Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2017
Sold by
Hannah Bimel
Bought by
Wolf Daniel and Wolf Jan
Current Estimated Value
$104,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,241
Outstanding Balance
$84,611
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$19,697

Purchase Details

Closed on
Jul 7, 2005
Bought by
Grigg Larry
Source: Public Records

Range of Values:

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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
Wolf Daniel $20,000 --
Grigg Larry $46,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolf Daniel $101,241
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2016 02/05/16 Sold $24,900 -16.7% $14 / Sq Ft
01/08/2016 01/08/16 Pending -- -- --
10/29/2015 10/29/15 For Sale $29,900 -- $17 / 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 $8 $29,900 $0 $0
2024 $8 $28,750 $0 $0
2023 $177 $23,600 $0 $0
2022 $1,078 $16,300 $0 $0
2021 $1,051 $16,400 $0 $0
2020 $1,032 $16,300 $0 $0
2019 $1,014 $16,150 $0 $0
2018 $986 $15,450 $0 $0
2017 $1,248 $19,650 $0 $0
2016 $1,444 $23,950 $0 $0
2015 -- $23,950 $0 $0
2014 -- $24,550 $0 $0
2012 -- $22,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kellie Hillier-Genschaw

    Seller's Agent in 2016

    Kellie Hillier-Genschaw

    RE/MAX 1ST REALTY

    (906) 225-1990

    38 in this area

    362 Total Sales

    Kellie Hillier-Genschaw
    Section Image

  • C

    Buyer's Agent in 2016

    Cheryl Jackson

    RE/MAX 1ST REALTY

    Section Image
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10071702

Upper Peninsula Association of REALTORS®

APN: 52-51-556-017-00

Michigan Marquette County Ishpeming 49849

308 S Lake St, Ishpeming, MI

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