NOT LISTED FOR SALE

406 S 3rd St Ishpeming, MI 49849

Estimated Value: $83,000 - $147,000

3 Beds
1.5 Baths
1,386 Sq Ft
$86/Sq Ft Est. Value

Last Sold August 22, 2024

Last sale price $25,000 $18 Per Sq Ft

Est. 376% increase in value since last sale

Current estimated payment $630/month

22 Days on Market

Highlights

  • Deck
  • Forced Air Heating System
  • Carpet
  • Traditional Architecture
  • Historic Home

About This Home

As of August 2024

INVESTMENT OPPORTUNITY! 3 Bed, 1 and a half bath home in need of a little (okay, A LOT) of TLC. Upon entering, you'll find a foyer with loads of potential, a gorgeous staircase and some storage for your coats and shoes. Continuing on the first level, you'll find a spacious living space, half bath with laundry, and the kitchen area. Upstairs, you'll find 3 generously sized bedrooms and a full bath. This home boasts lots of storage space. In the crawlspace, is all the major mechanicals which, it is unknown if they're salvageable. The foundation is the main source of concern on this historic home, (besides the obvious mess). This home could definitely use some professional help. But the potential is there! And the location is ideal, just a block and a half from the Ishpeming High School.

Last Agent to Sell the Property

Haleigh Wing

COLDWELL BANKER SCHMIDT REALTORS License #UPAR-6501442611 Listed on: 05/18/2024

COLDWELL BANKER SCHMIDT REALTORS

Last Buyer's Agent

Sheena Ketchum

COLDWELL BANKER SCHMIDT REALTORS License #UPAR-6501448683

COLDWELL BANKER SCHMIDT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10

Year Built

  • Built in 1880

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 103x28
  • Historic Home

Home Design

  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Vinyl Siding

Interior Spaces

  • 1,386 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Interior Basement Entry

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • On-Street Parking

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Cleveland Iron Co Subdivision

Listing and Financial Details

  • Assessor Parcel Number 52-51-300-124-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$10

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type: Residential
  • Type Of Property: Single Family
  • Architecture Style: Historic, Traditional
  • Structure Style: 2 Story
  • Flood Insurance: Not Required
  • Total Tax Year: 2023
  • Year Built: 1880
  • Mail City: Ishpeming
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: None (InteriorFeatures)
  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Interior Access
  • Bedrooms: 3
  • Bedroom 1: On 2nd Floor, Dimensions: 9 x 13
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On 2nd Floor, Dimensions: 11 x 11
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: On 2nd Floor, Dimensions: 11 x 13
  • Bedroom 3 Floor Covering: Carpet
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 9 x 6, On Level: First, Flooring: Carpet
  • Room Types: Entry, First Floor Laundry
  • Dining Room: On 1st Floor, Dimensions: 11 x 10
  • Dining Room Floor Covering: Carpet
  • Kitchen: On 1st Floor, Dimensions: 13 x 15
  • Kitchen Floor Covering: Vinyl
  • Laundry: On 1st Floor, Dimensions: 9 x 8
  • Laundry Room Floor Covering: Vinyl
  • Living Room: On 1st Floor, Dimensions: 11 x 13
  • Living Room Floor Covering: Carpet
  • Below Grade Sq Ft: 250
  • Above Grade Finished Sq Ft: 1386
  • Total Finished Sq Ft: 1386
  • Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck, Sidewalks
  • Foundation: Piller/Post/Pier
  • Frontage: 103
  • Road: City/County
  • Out Buildings: None (OtherStructures)
  • Frontage Type: Road

Garage/Parking

  • Parking: 1 Space, On Street
  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public At Street
  • Water: Public Water at Street
  • Water Heater: Gas

Lot Info

  • Assessor Parcel Number: 52-51-300-124-00
  • Zoning: Residential
  • Lot Dimensions: 103x28
  • Acreage: 0.07
  • Geo Subdivision: MI
  • Site/Lot Features: Walk to School, Sidewalks

Tax Info

  • Summer Tax: Year: 2023
  • Winter Tax: Year: 2023
  • Taxable Value: 34950
  • Total Tax: Year: 2023
  • SEV Year: 2023

MLS Schools

  • School District: Ishpeming Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2024
Closed on
Aug 19, 2024
Sold by
Calico Bg
Bought by
Hawks Michael
Seller's Agent
Haleigh Wing
COLDWELL BANKER SCHMIDT REALTORS
Buyer's Agent
Sheena Ketchum
COLDWELL BANKER SCHMIDT REALTORS
List Price
$26,000
Sold Price
$25,000
Premium/Discount to List
-$1,000
-3.85%
Views
31
Current Estimated Value
$118,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,961
Avg. Annual Appreciation
318.34%

Purchase Details

Closed on
Sep 5, 2023
Sold by
Marquette County Treasurer
Bought by
Calico Bg

Purchase Details

Closed on
Jul 6, 1998
Bought by
Pence Lisa
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hawks Michael $25,000 None Listed On Document
Calico Bg $25,250 None Listed On Document
Pence Lisa $31,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2024 08/22/24 Sold $25,000 -3.8% $18 / Sq Ft
06/09/2024 06/09/24 Pending -- -- --
05/18/2024 05/18/24 For Sale $26,000 -- $19 / 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 $10 $41,950 $0 $0
2024 $10 $42,050 $0 $0
2023 $255 $34,950 $0 $0
2022 $1,993 $24,500 $0 $0
2021 $2,028 $24,650 $0 $0
2020 $1,943 $24,500 $0 $0
2019 $1,046 $24,750 $0 $0
2018 $1,015 $22,250 $0 $0
2017 $1,008 $22,250 $0 $0
2016 $1,009 $22,750 $0 $0
2015 -- $22,750 $0 $0
2014 -- $23,500 $0 $0
2012 -- $23,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50142489

Upper Peninsula Association of REALTORS®

APN: 52-51-300-124-00