NOT LISTED FOR SALE

314 N 7th St Ishpeming, MI 49849

Estimated Value: $124,868 - $180,000

3 Beds
2 Baths
1,645 Sq Ft
$91/Sq Ft Est. Value

Last Sold December 05, 2022

Last sale price $70,000 $43 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $872/month

100 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Shed
  • Corner Lot
  • Porch
  • Ceiling height of 9 feet or more

About This Home

As of December 2022

What a fantastic fixer upper home! 1645 sq. ft. with two full baths and a beautiful 21X16 covered sun porch. The home has solid bones throughout all levels plus newer roof and a full basement with poured cement walls. The home needs some updates and work to the boiler and water lines within the house, but would be well worth the sweat equity. The newer garage is 24X24 and has the same construction integrity. The water was shut off at road last winter when boiler quit working and house froze up, but owner did catch it before it made a major problem. There is some damage to the domestic water lines and the boiler appears to be bad, but not noticeable damage. The house is being sold as is including all personal property that will be left behind at the time of closing. Separated lot; it doesn't touch boundaries with any other residential lot. It is set aside and private. Everything behind this lot is owned by Cleveland Cliffs, and the Iron Ore Heritage Trail is within 60 feet of the property, running right behind this lot. Within walking distance to downtown, convenience. Schedule a showing today!

Last Agent to Sell the Property

Don Schinella

SELECT REALTY License #UPAR-6502349729 Listed on: 07/05/2022

Last Buyer's Agent

Don Schinella

SELECT REALTY License #UPAR-6502349729 Listed on: 07/05/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1880

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 132x101x91x106
  • Corner Lot
  • Cleared Lot

Home Design

  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 1,645 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Window Treatments
  • Oven or Range
  • Basement

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Outdoor Features

  • Deck
  • Shed
  • Porch

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 52-51-561-027-00

Community Details

Overview

  • Assessor's Plat Of Nebraska Location Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 2 Story
  • Total Tax Amount: 1740.98
  • Total Tax Year: 2021
  • Year Built: 1880
  • Mail City: Ishpeming
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: 9 ft + Ceilings, Window Treatment(s)
  • Appliances: Dryer, Range/Oven, Washer
  • Basement: Yes
  • Basement: Poured
  • Bedrooms: 3
  • Bedroom 1: On 2nd Floor, Dimensions: 11 x 13
  • Bedroom 2: On 2nd Floor, Dimensions: 11 x 13
  • Bedroom 3: On 2nd Floor, Dimensions: 12 x 10
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 10 x 6, On Level: First, Flooring: Linoleum
  • Bathroom 2: Dimensions: 10 x 10, On Level: Second, Flooring: Linoleum
  • Dining Room: On 1st Floor, Dimensions: 14 x 12
  • Dining Room Floor Covering: Carpet
  • Kitchen: On 1st Floor, Dimensions: 14 x 11
  • Kitchen Floor Covering: Linoleum
  • Living Room: On 1st Floor, Dimensions: 16 x 13
  • Living Room Floor Covering: Carpet
  • Below Grade Sq Ft: 784
  • Above Grade Finished Sq Ft: 1645
  • Total Finished Sq Ft: 1645

Exterior Features

  • Exterior: Wood
  • Exterior Features: Deck, Porch, Street Lights
  • Foundation: Basement
  • Frontage: 132
  • Road: City/County, Paved Street, Year Round
  • Out Buildings: Shed
  • Frontage Type: Road

Garage/Parking

  • Garage: Detached Garage, Off Street
  • Garage Spaces: 2
  • Parking: 3 or More Spaces
  • Garage: Yes

Utilities

  • Heating: Hot Water
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Trail(s)

Lot Info

  • Assessor Parcel Number: 52-51-561-027-00
  • Zoning: Residential
  • Lot Dimensions: 132X101X91X106
  • Acreage: 0.26
  • Geo Subdivision: MI
  • Site/Lot Features: Corner Lot, Subdivision, Walk to School, Cleared

Tax Info

  • Summer Tax: Year: 2021, Amount: $835.08
  • Winter Tax: Year: 2021, Amount: $905.90
  • Total Tax: Year: 2021, Amount: $1,740.98

MLS Schools

  • School District: Ishpeming Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2022
Closed on
Dec 5, 2022
Sold by
Rintala Vern Charles
Bought by
Barrett Jay and Barrett Jill
Seller's Agent
Don Schinella
SELECT REALTY
Buyer's Agent
Don Schinella
SELECT REALTY
List Price
$99,000
Sold Price
$70,000
Premium/Discount to List
-$29,000
-29.29%
Current Estimated Value
$150,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,217
Avg. Annual Appreciation
28.34%
Original Mortgage
$70,000
Outstanding Balance
$67,949
Interest Rate
7.08%
Mortgage Type
VA
Estimated Equity
$82,268

Purchase Details

Closed on
Jul 6, 2022
Sold by
Rintala Paul L and Rintala Donna J
Bought by
Rintala Vern Charles and Rintala Paul Joseph
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Barrett Jay $70,000 --
Rintala Vern Charles -- Wideman Filizetti Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barrett Jay $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2022 12/05/22 Sold $70,000 -25.5% $43 / Sq Ft
10/13/2022 10/13/22 Pending -- -- --
08/11/2022 08/11/22 Price Changed $94,000 -5.1% $57 / Sq Ft
07/25/2022 07/25/22 For Sale $99,000 0.0% $60 / Sq Ft
07/19/2022 07/19/22 Pending -- -- --
07/05/2022 07/05/22 For Sale $99,000 -- $60 / 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 $1,018 $58,000 $0 $0
2024 $10 $42,500 $0 $0
2023 $411 $41,100 $0 $0
2022 $1,779 $43,700 $0 $0
2021 $1,741 $44,800 $0 $0
2020 $1,704 $43,700 $0 $0
2019 $1,676 $40,100 $0 $0
2018 $1,627 $40,650 $0 $0
2017 $1,582 $41,000 $0 $0
2016 $1,530 $38,700 $0 $0
2015 -- $38,700 $0 $0
2014 -- $41,600 $0 $0
2012 -- $42,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50081267

Upper Peninsula Association of REALTORS®

APN: 52-51-561-027-00