NOT LISTED FOR SALE

311 Minnesota Ave Ontonagon, MI 49953

Estimated Value: $78,000 - $125,000

4 Beds
2 Baths
2,416 Sq Ft
$42/Sq Ft Est. Value

Last Sold December 05, 2023

Last sale price $55,000 $23 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $781/month

231 Days on Market

About This Home

As of December 2023

OPPORTUNITY ....AS AN INVESTMENT WITH TWO APARTMENT RENTALS.... OR....consider as a residence with the other unit as a revenue source......minor renovations should be planned....as re-finishing the hardwood floors, painting, bathroom flooring......to bring it to your standard...the duplex is in the charming Village of Ontonagon, within walking distance of the downtown area with shops and restaurants, an historical museum, Theater for the Performing Arts.......and to the shores of Lake Superior.............19 mi to the Porcupine Mt. State Park, affectionately known as "The Porkiies" for all seasons of recreation........

Last Agent to Sell the Property

Karen Lahti

RE/MAX DOUGLASS R.E.-H License #UPAR Listed on: 12/01/2022

RE/MAX DOUGLASS R.E.-H

Last Buyer's Agent

Donny Domitrovich

DOMITROVICH REALTY, INC License #UPAR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,019

Year Built

  • Built in 1929

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 110.8x120

Home Design

  • Wood Siding
  • Asphalt

Interior Spaces

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 6641250 00700, 664125000710

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,019

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Flood Plain: Unknown
  • Total Tax Year: 2022
  • Year Built: 1929
  • Mail City: Ontonagon
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Full
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Kitchen: Eat-In Kitchen, Formal Dining Room
  • Source of Sq Ft: 6119

Exterior Features

  • Construction: Wood, Asphalt
  • Frontage: 110
  • Foundation Type: Basement
  • Roads: City/County

Utilities

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

Lot Info

  • Assessor Parcel Number: 6641250 00700, 664125000710
  • Lot Dimensions: 110.8x120
  • Acreage: 0.31
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022
  • Winter Tax: Year: 2022
  • Total Tax: Year: 2022

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Ontonagon Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2022
Closed on
Dec 1, 2023
Sold by
Zielinski Charles A
Bought by
B Llc
Seller's Agent
Karen Lahti
RE/MAX DOUGLASS R.E.-H
Buyer's Agent
Donny Domitrovich
DOMITROVICH REALTY, INC
List Price
$69,000
Sold Price
$55,000
Premium/Discount to List
-$14,000
-20.29%
Views
83
Current Estimated Value
$100,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,983
Avg. Annual Appreciation
35.30%

Purchase Details

Closed on
Nov 2, 2007
Sold by
Mcdermott James D and Mcdermott Carolyn B
Bought by
Zielinski Charles A and Zielinski Brandi M

Purchase Details

Closed on
Jul 11, 2007
Sold by
Beckman David
Bought by
Mcdermott James D and Mcdermott Carolyn B

Purchase Details

Closed on
May 29, 2007
Sold by
Beckman Steven
Bought by
Beckman David

Purchase Details

Closed on
Sep 12, 2006
Sold by
Watters Gary & Leslie Revoc Trust
Bought by
Beckman David and Beckman Steven

Purchase Details

Closed on
Aug 3, 2004
Sold by
Watters Gary M and Watters Leslie F

Purchase Details

Closed on
Apr 30, 2004
Sold by
Tanner Loretta R
Bought by
Watters Gary M and Watters Leslie F

Purchase Details

Closed on
May 7, 2003
Sold by
Schober William R and Schober Angela A
Bought by
Tanner Loretta R
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
B Llc $55,000 --
Zielinski Charles A $34,500 --
Mcdermott James D $28,000 --
Beckman David -- --
Beckman David $33,000 --
-- -- --
Watters Gary M $28,000 --
Tanner Loretta R $29,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2023 12/05/23 Sold $55,000 -20.3% $23 / Sq Ft
08/08/2023 08/08/23 For Sale $69,000 0.0% $29 / Sq Ft
07/20/2023 07/20/23 Pending -- -- --
05/17/2023 05/17/23 Price Changed $69,000 -8.0% $29 / Sq Ft
04/21/2023 04/21/23 For Sale $75,000 +36.4% $31 / Sq Ft
03/31/2023 03/31/23 Off Market $55,000 -- --
12/01/2022 12/01/22 For Sale $75,000 -- $31 / 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 $3,019 $53,400 $0 $0
2024 $1,714 $47,100 $0 $0
2023 $1,045 $34,050 $0 $0
2022 $995 $29,600 $0 $0
2021 $1,206 $25,900 $0 $0
2020 $1,102 $22,950 $0 $0
2019 $891 $22,350 $0 $0
2018 -- $20,100 $0 $0
2017 -- $18,900 $0 $0
2016 -- $18,200 $0 $0
2015 -- $17,100 $0 $0
2014 -- $17,050 $0 $0
2013 -- $17,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50097080

Upper Peninsula Association of REALTORS®

APN: 41-250-007-10