NOT LISTED FOR SALE

408 N Albany St Unit 4-5 Ironwood, MI 49938

Estimated Value: $56,000 - $84,978

4 Beds
2 Baths
1,800 Sq Ft
$40/Sq Ft Est. Value

Last Sold December 04, 2017

Last sale price $32,500 $18 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $534/month

27 Days on Market

Highlights

  • River Front
  • Porch
  • Forced Air Heating System

About This Home

As of December 2017

This duplex has charm and space and makes steady money. Much of it is in vintage condition. Maple wood work. Capet and MapleWood floors throughout the whole house. Updated electrical and maintenance free exterior. Care taken on a continual basis. Good Roof, nice yard Glassed front porch. Come see this one- live in the upstairs and rent the bottom to cover your investment.

Last Agent to Sell the Property

John Wyssling

THE REAL ESTATE STORE License #UPAR-6502365973 Listed on: 09/20/2017

THE REAL ESTATE STORE

Last Buyer's Agent

Danielle Virshek

SILVER PROPERTIES-EXP REALTY License #UPAR-6501406905

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,745

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 23x160
  • River Front

Parking

  • 3 Car Parking Spaces

Home Design

  • Vinyl Siding
  • Asphalt

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Additional Features

  • 2-Story Property
  • Porch
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 2752-22-301-060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,745

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Year: 2017
  • Year Built: 1900
  • Mail City: Ironwood
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Type: Full, Walk Out
  • Estimated Sq Ft: 1800

Exterior Features

  • Construction: Aluminum, Vinyl Siding, Asphalt
  • Exterior Features: Porch
  • Lake Name: Montreal River
  • Water Features: River Frontage
  • Waterfront: Yes
  • Roads: City/County

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

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

Lot Info

  • Assessor Parcel Number: 2752-22-301-060
  • Lot Dimensions: 23x160
  • Acreage: 0.08
  • Geo Subdivision: MI

Tax Info

  • Total Tax: Year: 2017

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Ironwood Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2017
Closed on
Dec 4, 2017
Sold by
Bosshard David R and Williams Peggy A
Bought by
Urbaniak Joseph
Seller's Agent
John Wyssling
THE REAL ESTATE STORE
Buyer's Agent
Danielle Virshek
SILVER PROPERTIES-EXP REALTY
List Price
$37,500
Sold Price
$32,500
Premium/Discount to List
-$5,000
-13.33%
Current Estimated Value
$71,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,495
Avg. Annual Appreciation
10.81%
Original Mortgage
$24,375
Outstanding Balance
$20,538
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$51,457

Purchase Details

Closed on
Oct 2, 2007
Sold by
Wood Lillian R
Bought by
Bosshard David R and Williams Peggy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,400
Interest Rate
6.49%
Mortgage Type
New Conventional
Source: Public Records

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
Urbaniak Joseph -- Associated Title & Closing S
Bosshard David R -- Associated Title & Closing S
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Urbaniak Joseph $24,375
Previous Owner Bosshard David R $38,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2017 12/04/17 Sold $32,500 -13.3% $18 / Sq Ft
10/17/2017 10/17/17 Pending -- -- --
09/20/2017 09/20/17 For Sale $37,500 -- $21 / 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 $1,745 $40,536 $40,536 $0
2024 $1,614 $34,423 $34,423 $0
2023 $1,653 $30,279 $30,279 $0
2022 $1,611 $25,595 $25,595 $0
2021 $1,611 $21,885 $21,885 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $25,828 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2014 -- -- $0 $0
2013 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10071955

Upper Peninsula Association of REALTORS®

APN: 52-22-301-060