NOT LISTED FOR SALE

408 S Forest St Iron Mountain, MI 49801

Estimated Value: $120,219 - $158,000

4 Beds
2 Baths
2,728 Sq Ft
$52/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $83,000 $30 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,022/month

7 Days on Market

About This Home

As of March 2023

Iron Mountain duplex that is ready for YOUR tenants to move in! Multi family properties are difficult to find in the IMK area, but this 2 unit duplex is a money maker. Schedule your showing today!

Last Agent to Sell the Property

Steve Harris

HARRIS STATE WIDE License #UPAR Listed on: 03/10/2023

Co-Listed By

Thomas Jayne

HARRIS STATE WIDE License #UPAR-6501428482

Last Buyer's Agent

Thomas Jayne

HARRIS STATE WIDE License #UPAR-6501428482

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1889

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 54x100

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

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

Community Details

  • 2 Units
  • Armstrongs First Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 051-100-297-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,052

Year Built

Built in 1889

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 Amount: 1505.83
  • Year Built: 1889
  • Mail City: Iron Mountain
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Estimated Sq Ft: 2728

Exterior Features

  • Foundation Type: Basement
  • Roads: City/County

Utilities

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

Lot Info

  • Assessor Parcel Number: 051-100-297-00
  • Lot Dimensions: 54X100
  • Acreage: 0.12
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $1,145.25
  • Winter Tax: Year: 2022, Amount: $360.58
  • Total Tax: Amount: $1,505.83

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Iron Mountain City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2023
Closed on
Mar 31, 2023
Sold by
Theisen Property Management Ll
Seller's Agent
Steve Harris
HARRIS STATE WIDE
Buyer's Agent
Thomas Jayne
HARRIS STATE WIDE
List Price
$79,900
Sold Price
$83,000
Premium/Discount to List
$3,100
3.88%
Current Estimated Value
$140,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,312
Avg. Annual Appreciation
25.94%
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
-- $83,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $83,000 +3.9% $30 / Sq Ft
03/17/2023 03/17/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $79,900 +131.6% $29 / Sq Ft
05/19/2016 05/19/16 Sold $34,500 -28.1% $24 / Sq Ft
04/22/2016 04/22/16 Pending -- -- --
02/10/2016 02/10/16 For Sale $48,000 -- $33 / 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 $3,052 $56,800 $56,800 $0
2024 $2,326 $48,600 $48,600 $0
2023 $1,203 $45,600 $0 $0
2022 $1,506 $27,800 $0 $0
2021 $1,458 $26,100 $0 $0
2020 $1,455 $26,100 $0 $0
2019 $1,416 $22,100 $0 $0
2018 $1,388 $22,100 $0 $0
2017 $1,057 $21,900 $0 $0
2016 $788 $19,100 $3,200 $15,900
2014 -- $19,100 $3,200 $15,900
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steve Harris

    Seller's Agent in 2023

    Steve Harris

    HARRIS STATE WIDE

    (906) 396-3002

    75 in this area

    188 Total Sales

    Section Image

  • T

    Seller Co-Listing Agent in 2023

    Thomas Jayne

    HARRIS STATE WIDE

    (906) 239-0318

    31 in this area

    62 Total Sales

    Section Image
  • HUGH HARRIS

    Buyer Co-Listing Agent in 2023

    HUGH HARRIS

    HARRIS STATE WIDE

    (906) 282-7348

    73 in this area

    193 Total Sales

    Section Image

  • J

    Seller's Agent in 2016

    Jerry Janeshek

    NORTHERN HERITAGE

See All Agents

Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50103059

Upper Peninsula Association of REALTORS®

APN: 051-100-297-00

Michigan Dickinson County Iron Mountain 49801

408 S Forest St, Iron Mountain, MI

This home is located at 408 S Forest St, Iron Mountain, MI 49801 since 10 March 2023 and is currently estimated at $143,055, approximately $52 per square foot. This property was built in 1889. 408 S Forest St is a home located in Dickinson County with nearby schools including East Elementary School, Central Middle School, and Iron Mountain High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Upper Peninsula Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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