NOT LISTED FOR SALE

412 N 2nd St Ishpeming, MI 49849

Estimated Value: $55,000 - $122,467

2 Beds
1 Bath
2,000 Sq Ft
$50/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $52,900 $26 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $552/month

Highlights

  • 1 Car Detached Garage
  • Porch
  • Forced Air Heating System

About This Home

As of August 2020

Great opportunity to own this nicely updated duplex near downtown Ishpeming. Main floor unit has all new Hickory cabinetry in the spacious kitchen with lots of storage and counter space. Newer appliances, double sink, ceramic tile flooring and a nice little breakfast bar that joins the dining room. Hardwood flooring in the master bedroom. Large living room with picture window. Several newer triple pane windows on both the first and second floor. Large bathroom/laundry room has been updated to include the stackable washer and dryer. Upper unit also has two bedrooms and has had updates within the past 7 yrs. Newer roof on the building is only 5 yrs old. Newer Tempstar NGFA furnace. 100 amp svc for each apartment. Tenants pay own electric. Large basement for additional storage. Garage is a detached one car that needs some TLC but has a newer garage door and new roof in 2017. What a nice little investment this could be!

Last Listed By

Kristine Goupille

RE/MAX 1ST REALTY License #UPAR Listed on: 07/01/2020

RE/MAX 1ST REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15

Year Built

  • Built in 1900

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 25 x 75

Parking

  • 1 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher

Additional Features

  • Porch
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 52-51-250-069-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15

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
  • Year Built: 1900
  • Mail City: Ishpeming
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Range/Oven
  • Basement: Yes
  • Basement Type: Full
  • Estimated Sq Ft: 2000

Exterior Features

  • Construction: Vinyl Siding
  • Exterior Features: Porch
  • Roads: City/County

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 1
  • Parking: 2 Spaces

Utilities

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

Lot Info

  • Assessor Parcel Number: 52-51-250-069-00
  • Lot Dimensions: 25 x 75
  • Acreage: 0.04
  • Geo Subdivision: MI

Tax Info

  • Total Tax: Year: 2019

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Ishpeming Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Aug 17, 2020
Sold by
Bone Jr Donald K
Bought by
T & T Development And Property M
Seller's Agent
Kristine Goupille
RE/MAX 1ST REALTY
Buyer's Agent
Kristine Goupille
RE/MAX 1ST REALTY
List Price
$52,900
Sold Price
$52,900
Current Estimated Value
$99,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,467
Avg. Annual Appreciation
27.38%
Original Mortgage
$43,248
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 1996
Bought by
Bone Donald

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
T & T Development And Property M $52,900 Murphy F Gregory
Bone Donald $36,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open T & T Development And Property M $75,651
Closed T & T Development And Property M $43,248
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2020 08/17/20 Sold $52,900 0.0% $26 / Sq Ft
07/01/2020 07/01/20 For Sale $52,900 -- $26 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
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 $15 $44,500 $0 $0
2023 $356 $38,950 $0 $0
2022 $2,163 $37,200 $0 $0
2021 $2,110 $32,800 $0 $0
2020 $2,185 $37,200 $0 $0
2019 $2,147 $36,350 $0 $0
2018 $2,088 $36,500 $0 $0
2017 $2,034 $37,200 $0 $0
2016 $1,981 $36,400 $0 $0
2015 -- $36,400 $0 $0
2014 -- $33,000 $0 $0
2012 -- $31,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10072376

Upper Peninsula Association of REALTORS®

APN: 52-51-250-069-00