NOT LISTED FOR SALE

314 S Lake St Ishpeming, MI 49849

Estimated Value: $49,000 - $196,000

2 Beds
1.5 Baths
1,269 Sq Ft
$85/Sq Ft Est. Value

Last Sold September 12, 2024

Last sale price $20,000 $16 Per Sq Ft

Est. 437% increase in value since last sale

Current estimated payment $674/month

33 Days on Market

About This Home

As of September 2024

Fixer upper opportunity. This 1269 square foot SF home has 2 bedrooms and 2.0 bathrooms.

Last Agent to Sell the Property

Scott Fader

Joseph Walter Realty LLC License #MISPE-6502431011 Listed on: 07/27/2024

Last Buyer's Agent

Non Mls

Non-Mls License #BCAR

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1880

Lot Details

  • 6,534 Sq Ft Lot
  • 66 Ft Wide Lot

Interior Spaces

  • 1,269 Sq Ft Home
  • 1.5-Story Property
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating System

Community Details

  • Us Steel Corp Assrs 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 52-51-556-018-00

Home Details

Home Type

Single Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 2947
  • Year Built: 1880
  • Mail City: Ishpeming
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Yes
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 11 x 11
  • Bedroom 2: Dimensions: 10 x 10
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: On Level: First
  • Above Grade Finished Sq Ft: 1269
  • Total Finished Sq Ft: 1269
  • Half Bathrooms: 1

Exterior Features

  • Foundation: Basement
  • Frontage: 66
  • Frontage Type: Road

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: Other (FuelType)
  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 52-51-556-018-00
  • Lot Dimensions: 6,329
  • Acreage: 0.15
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2023, Amount: $350.00
  • Winter Tax: Year: 2023, Amount: $828.00
  • Total Tax: Amount: $2,947.00

MLS Schools

  • School District: Ishpeming Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2025
Sold by
Av Flips Inc
Bought by
Av Rental Properties 10 Llc
Current Estimated Value
$107,451

Purchase Details

Listed on
Jul 27, 2024
Closed on
Sep 9, 2024
Sold by
Payne Lauren
Bought by
Av Flips Inc
Seller's Agent
Scott Fader
Joseph Walter Realty LLC
Buyer's Agent
Non Mls
Non-Mls
List Price
$48,316
Sold Price
$20,000
Premium/Discount to List
-$28,316
-58.61%
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
271.92%
Original Mortgage
$75,000
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2021
Sold by
Jay Rudy
Bought by
Payne Lauren

Purchase Details

Listed on
Mar 1, 2019
Closed on
Aug 5, 2019
Sold by
Federal Home Loan Mortgage Corporation F
Bought by
Rudy Jay Michael
Seller's Agent
Penne Figueiras
CENTURY 21 PRIME REALTY
Buyer's Agent
Amanda Holtz
CENTURY 21 PRIME REALTY
List Price
$34,900
Sold Price
$19,500
Premium/Discount to List
-$15,400
-44.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.61%

Purchase Details

Closed on
May 24, 2018
Sold by
Sheriff Of Marquette County
Bought by
Federal Home Loan Mortgage Cor

Purchase Details

Closed on
Apr 7, 1998
Bought by
Bert Rosanne
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
Av Rental Properties 10 Llc -- None Listed On Document
Av Flips Inc $20,000 None Listed On Document
Payne Lauren -- None Listed On Document
Rudy Jay Michael $19,500 Trott Law Pc
Federal Home Loan Mortgage Cor $26,448 Schneiderman & Sherman Pc
Bert Rosanne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Av Flips Inc $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/12/2024 09/12/24 Sold $20,000 -49.1% $16 / Sq Ft
08/29/2024 08/29/24 Pending -- -- --
08/15/2024 08/15/24 Price Changed $39,316 -18.6% $31 / Sq Ft
07/27/2024 07/27/24 For Sale $48,316 +147.8% $38 / Sq Ft
08/05/2019 08/05/19 Sold $19,500 -44.1% $15 / Sq Ft View Prior Sale
07/02/2019 07/02/19 Pending -- -- --
03/01/2019 03/01/19 For Sale $34,900 -- $28 / Sq Ft
Source: Michigan Multiple Listing Service

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 $1,331 $32,150 $0 $0
2024 $15 $51,950 $0 $0
2023 $350 $43,250 $0 $0
2022 $2,947 $28,400 $0 $0
2021 $2,223 $28,550 $0 $0
2020 $2,425 $28,400 $0 $0
2019 $1,596 $28,200 $0 $0
2018 $1,109 $28,350 $0 $0
2017 $1,079 $28,400 $0 $0
2016 $1,043 $27,500 $0 $0
2015 -- $27,500 $0 $0
2014 -- $28,400 $0 $0
2012 -- $27,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Scott Fader

    Seller's Agent in 2024

    Scott Fader

    Joseph Walter Realty LLC

    (248) 390-8242

    1 in this area

    2,410 Total Sales

    Scott Fader
    Section Image

  • N

    Buyer's Agent in 2024

    Non Mls

    Non-Mls

  • Penne Figueiras

    Seller's Agent in 2019

    Penne Figueiras

    CENTURY 21 PRIME REALTY

    (866) 732-6139

    7 in this area

    67 Total Sales

    Penne Figueiras
    Section Image

  • A

    Buyer's Agent in 2019

    Amanda Holtz

    CENTURY 21 PRIME REALTY

See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 50150034

Michigan Multiple Listing Service

APN: 52-51-556-018-00

Michigan Marquette County Ishpeming 49849

314 S Lake St, Ishpeming, MI

Not Listed for Sale

Detached

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