NOT LISTED FOR SALE

405 N 1st St Ishpeming, MI 49849

Estimated Value: $61,000 - $145,000

4 Beds
2.5 Baths
2,592 Sq Ft
$43/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $75,000 $29 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $597/month

345 Days on Market

Highlights

  • 2 Car Attached Garage
  • Walk-In Closet
  • Hot Water Heating System

About This Home

As of June 2021

Have you dreamed of remodeling an older home? This one has a great start and could be the home for you. Much of the major work has been completed, the possibilities are endless. The current owner has updated a lot of the plumbing and has many of the materials already in the home, such as new toilets, new bath faucets and bead board. The kitchen is completely gutted with replaced and / or repaired plumbing. The main level consists of a large living room open to the kitchen, a large dining room off the kitchen opens to the three season room. This would be perfect for an early morning cup of coffee or an evening glass of wine. The main level also has a bonus room off the kitchen that could be a home office, library, TV room, playroom whatever your needs are. The second floor has four large bedrooms and two bathrooms. The second floor also has a utility room that is plumbed for laundry. While your in the groove why not finish the attic space, insulated, high ceilings and an empty pallet. All the original hardwood floor has been unearthed and are ready for some TLC. New "New Yorker" boiler installed 2018. Much of the plumbing has been repaired or replaced.

Last Listed By

Linda Johnson

EXP REALTY OF MARQUETTE License #UPAR Listed on: 05/10/2020

EXP REALTY OF MARQUETTE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21

Year Built

  • Built in 1895

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 68.5x105

Parking

  • 2 Car Attached Garage

Home Design

  • Cedar

Interior Spaces

  • 2,592 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 52-02-106-044-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$21

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 2 Story
  • Year Built: 1895
  • Mail City: Ishpeming
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail., Walk-In Closet
  • Basement: Yes
  • Basement: Partial
  • Bedrooms: 4
  • Bedroom 1: On 2nd Floor, Dimensions: 14 x 17
  • Bedroom 2: On 2nd Floor, Dimensions: 14 x 15
  • Bedroom 3: On 2nd Floor, Dimensions: 12 x 14
  • Bedroom 4: On 2nd Floor, Dimensions: 11 x 16
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Bathroom 1: On Level: Second
  • Bathroom 2: On Level: Second
  • Bathroom 3: On Level: First
  • Dining Room: On 1st Floor, Dimensions: 12 x 16
  • Kitchen: On 1st Floor, Dimensions: 13 x 15
  • Living Room: On 1st Floor, Dimensions: 14 x 28
  • Other Room1: Dimensions: 15x14, On Level: First
  • Below Grade Sq Ft: 896
  • Above Grade Finished Sq Ft: 2592
  • Total Finished Sq Ft: 2592
  • Half Bathrooms: 1

Exterior Features

  • Exterior: Cedar
  • Foundation: Partial Basement
  • Road: City/County, Year Round

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

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

Lot Info

  • Assessor Parcel Number: 52-02-106-044-00
  • Lot Dimensions: 68.5x105
  • Acreage: 0.16
  • Geo Subdivision: MI

MLS Schools

  • School District: Ishpeming Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2020
Closed on
Jun 4, 2021
Sold by
Bradley Olson
Bought by
Wernholm Ortanza
Seller's Agent
Linda Johnson
EXP REALTY OF MARQUETTE
Buyer's Agent
ANDREA COUVILLION
RE/MAX 1ST REALTY
List Price
$91,900
Sold Price
$75,000
Premium/Discount to List
-$16,900
-18.39%
Total Days on Market
345
Current Estimated Value
$112,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,083
Avg. Annual Appreciation
10.73%
Original Mortgage
$67,500
Outstanding Balance
$16,635
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$95,310

Purchase Details

Listed on
Aug 28, 2018
Closed on
Dec 19, 2018
Sold by
Wilson Filice Dominic and Ellio Joy Ellio
Bought by
Olson Bradley
Seller's Agent
Linda Johnson
EXP REALTY OF MARQUETTE
Buyer's Agent
Linda Johnson
EXP REALTY OF MARQUETTE
List Price
$54,900
Sold Price
$47,500
Premium/Discount to List
-$7,400
-13.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.59%

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
Wernholm Ortanza $75,000 Bensinger Cotant & Menkes Pc
Olson Bradley $47,500 Marquette County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wernholm Ortanza $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $75,000 -18.4% $29 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
05/10/2020 05/10/20 For Sale $91,900 +93.5% $35 / Sq Ft
12/28/2018 12/28/18 Sold $47,500 -13.5% $18 / Sq Ft
12/01/2018 12/01/18 Pending -- -- --
08/28/2018 08/28/18 For Sale $54,900 +29.4% $21 / Sq Ft
07/11/2017 07/11/17 Sold $42,419 -34.6% $16 / Sq Ft
06/16/2017 06/16/17 Pending -- -- --
03/27/2017 03/27/17 For Sale $64,900 -- $25 / 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
2024 $21 $60,000 $0 $0
2023 $480 $52,650 $0 $0
2022 $2,956 $44,550 $0 $0
2021 $2,834 $44,050 $0 $0
2020 $2,843 $44,550 $0 $0
2019 $2,795 $43,600 $0 $0
2018 $3,267 $51,200 $0 $0
2017 $1,611 $54,850 $0 $0
2016 $1,558 $53,900 $0 $0
2015 -- $53,900 $0 $0
2014 -- $49,000 $0 $0
2012 -- $47,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10039731

Upper Peninsula Association of REALTORS®

APN: 52-51-250-023-90