Seller's Agent in 2024
Fran Sevegney
RE/MAX 1ST REALTY
(906) 869-7465
47 in this area
461 Total Sales
408 Oak St Ishpeming, MI 49849
Estimated Value: $155,000 - $191,000
4
Beds
2
Baths
2,408
Sq Ft
$73/Sq Ft
Est. Value
Highlights
- Porch
- Shed
- Hot Water Heating System
About This Home
As of April 2024Great investment opportunity with a beautiful view of Lake Bancroft! This duplex has an excellent rental history. The upper unit is a two-bedroom, one bath and includes a stove and refrigerator. The lower unit is a two-bedroom, one bath and has a stove, refrigerator, washer and dryer. Units are metered separately for electric, gas and water. New roof in 2018. This is a great investment opportunity.
Last Agent to Sell the Property
RE/MAX 1ST REALTY License #UPAR-6501343111 Listed on: 04/02/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $380
Year Built
- Built in 1880
Lot Details
- 3,920 Sq Ft Lot
- Lot Dimensions are 40x100
Parking
- 3 Car Parking Spaces
Home Design
- Duplex
Interior Spaces
- 2-Story Property
- Basement Fills Entire Space Under The House
- Oven or Range
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Shed
- Porch
Utilities
- Hot Water Heating System
- Separate Meters
- Gas Water Heater
Community Details
- 2 Units
- Currys Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 52-51-270-026-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 2, 2024
Closed on
Apr 2, 2024
Sold by
Terentiak Deanna L
Bought by
Av Rental Properties 8 Llc
Seller's Agent
Fran Sevegney
RE/MAX 1ST REALTY
Buyer's Agent
Fran Sevegney
RE/MAX 1ST REALTY
List Price
$134,900
Sold Price
$134,900
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,831
Avg. Annual Appreciation
16.90%
Original Mortgage
$107,920
Outstanding Balance
$106,274
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$70,457
Purchase Details
Listed on
Oct 30, 2017
Closed on
Dec 21, 2018
Sold by
Trembath Robin D and Trembath Linda L
Bought by
Terentiak Deanna L
Seller's Agent
Fran Sevegney
RE/MAX 1ST REALTY
Buyer's Agent
Fran Sevegney
RE/MAX 1ST REALTY
List Price
$64,900
Sold Price
$58,410
Premium/Discount to List
-$6,490
-10%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.18%
Purchase Details
Closed on
Dec 29, 2006
Bought by
Trembath Robin and Trembath Linda
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Av Rental Properties 8 Llc | $134,900 | None Listed On Document | |
| Terentiak Deanna L | $58,410 | -- | |
| Trembath Robin | $63,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Av Rental Properties 8 Llc | $107,920 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/02/2024 04/02/24 | Sold | $134,900 | 0.0% | $56 / Sq Ft | |
| 04/02/2024 04/02/24 | For Sale | $134,900 | +131.0% | $56 / Sq Ft | |
| 02/08/2024 02/08/24 | Pending | -- | -- | -- | |
| 12/21/2018 12/21/18 | Sold | $58,410 | -10.0% | $24 / Sq Ft | View Prior Sale |
| 10/24/2018 10/24/18 | Pending | -- | -- | -- | |
| 10/30/2017 10/30/17 | For Sale | $64,900 | -- | $27 / Sq Ft |
Source: Upper Peninsula Association of REALTORS®
Tax History Compared to Growth
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 | $2,485 | $60,000 | $0 | $0 |
| 2024 | $17 | $58,550 | $0 | $0 |
| 2023 | $380 | $46,550 | $0 | $0 |
| 2022 | $2,313 | $37,350 | $0 | $0 |
| 2021 | $2,257 | $39,000 | $0 | $0 |
| 2020 | $2,214 | $37,350 | $0 | $0 |
| 2019 | $2,176 | $33,950 | $0 | $0 |
| 2018 | $2,278 | $35,700 | $0 | $0 |
| 2017 | $2,429 | $35,600 | $0 | $0 |
| 2016 | $2,165 | $34,600 | $0 | $0 |
| 2015 | -- | $34,600 | $0 | $0 |
| 2014 | -- | $36,200 | $0 | $0 |
| 2012 | -- | $36,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Fran Sevegney
Map
Source: Upper Peninsula Association of REALTORS®
MLS Number: 50137510
APN: 52-51-270-026-00
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