NOT LISTED FOR SALE

418 Greenwood St Ishpeming, MI 49849

Ishpeming Area

Estimated Value: $226,587

6 Beds
6 Baths
1,932 Sq Ft
$117/Sq Ft Est. Value

Sale Details

Date Sold: November 1, 2023

Last sale price $186,000 $96 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,769 / mo

110 Days on Market

About This Home

As of November 2023

Nice 6 Unit Apartment building just outside of downtown Ishpeming. low maintenance with coin operated laundry. All annual leases. 10% cap rate from 2022 expanses and rent income at 95% occupancy.

Last Agent to Sell the Property

John Demay

EXP REALTY OF MARQUETTE License #UPAR Listed on: 05/29/2023

EXP REALTY OF MARQUETTE

Last Buyer's Agent

John Demay

EXP REALTY OF MARQUETTE License #UPAR Listed on: 05/29/2023

EXP REALTY OF MARQUETTE

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x50

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Heating System Mounted To A Wall or Window
  • Separate Meters
  • Gas Water Heater

Additional Features

  • Basement

Community Details

  • 6 Units
  • Net Operating Income $20,933

Listing and Financial Details

  • Assessor Parcel Number 52-51-207-008-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: More Than 2 Stories
  • Styles: Conventional Frame
  • Total Tax Amount: 4167
  • Total Tax Year: 2022
  • Year Built: 1900
  • Mail City: Ishpeming
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Bedrooms: 6
  • Full Bathrooms: 6
  • Total Bathrooms: 12
  • Half Bathrooms: 6
  • Source of Sq Ft: Assessors Data

Exterior Features

  • Foundation Type: Basement
  • Roads: Paved Street

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Fuel Type: Natural Gas
  • Heating System: Wall Heat
  • Separate Electric: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 52-51-207-008-00
  • Lot Dimensions: 50x50
  • Acreage: 0.15
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $2,620.00
  • Winter Tax: Year: 2022, Amount: $1,547.00
  • Total Tax: Year: 2022, Amount: $4,167.00

Multi Family

  • Total Units: 6

MLS Schools

  • School District: Ishpeming Public School District

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2023
Closed on
Nov 1, 2023
Sold by
Bought by
Seller's Agent
John Demay
EXP REALTY OF MARQUETTE
Buyer's Agent
John Demay
EXP REALTY OF MARQUETTE
List Price
$219,000
Sold Price
$186,000
Premium/Discount to List
-$33,000
-15.07%
Views
24
Current Estimated Value
$226,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,587
Avg. Annual Appreciation
7.25%

Purchase Details

Listed on
Aug 29, 2019
Closed on
Oct 18, 2019
Sold by
Bought by
Seller's Agent
CRYSTAL BARR BERGLUND
KELLER WILLIAMS NORTHERN MICHIGAN
Buyer's Agent
John Demay
EXP REALTY OF MARQUETTE
List Price
$189,900
Sold Price
$189,000
Premium/Discount to List
-$900
-0.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.40%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Ishpeming, MI

  • David Howard Real Estate Agent - CENTURY 21 C. Howard

    David Howard

    CENTURY 21 C. Howard

    (269) 359-3353

    168 Total Sales

    1 in Ishpeming

    $32,500 Price

    David Howard
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  • Jason Copeman Real Estate Agent - Copeman Realty

    Jason Copeman

    Copeman Realty

    (906) 936-3892

    36 Total Sales

    2 in Ishpeming

    $123K - $167K Price Range

    Jason Copeman
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  • Daniel Menard Real Estate Agent - COLDWELL BANKER SCHMIDT REALTORS

    Daniel Menard

    COLDWELL BANKER SCHMIDT REALTORS

    (906) 936-6206

    158 Total Sales

    14 in Ishpeming

    $92K - $275K Price Range

    Daniel Menard
     Section Image
  • LISA ELZINGA Real Estate Agent - KELLER WILLIAMS FIRST UP

    LISA ELZINGA

    KELLER WILLIAMS FIRST UP

    (906) 936-6145

    40 Total Sales

    2 in Ishpeming

    $175K - $200K Price Range

    LISA ELZINGA
     Section Image
  • Craig Kangas Real Estate Agent - NORTHERN MICHIGAN LAND BROKERS - H

    Craig Kangas

    Responds Quickly

    NORTHERN MICHIGAN LAND BROKERS - H

    (906) 299-9786

    73 Total Sales

    1 in Ishpeming

    $225,000 Price

    Craig Kangas
     Section Image
  • David Gunnell Real Estate Agent - NORTHERN MICHIGAN LAND BROKERS

    David Gunnell

    NORTHERN MICHIGAN LAND BROKERS

    (906) 936-3854

    93 Total Sales

    1 in Ishpeming

    $135,000 Price

    David Gunnell
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$186,000 None Listed On Document
$180,000 Transnation Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $275,934
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2023 11/01/23 Sold $186,000 -11.0% $96 / Sq Ft
09/16/2023 09/16/23 Pending -- -- --
08/10/2023 08/10/23 Price Changed $209,000 -4.6% $108 / Sq Ft
05/29/2023 05/29/23 For Sale $219,000 +15.9% $113 / Sq Ft
10/18/2019 10/18/19 Sold $189,000 -0.5% $65 / Sq Ft View Prior Sale
09/07/2019 09/07/19 Pending -- -- --
08/29/2019 08/29/19 For Sale $189,900 -- $66 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,310 $107,850 $0 $0
2025 $4,056 $98,450 $0 $0
2024 $39 $95,000 $0 $0
2023 $686 $94,600 $0 $0
2022 $4,168 $64,200 $0 $0
2021 $4,188 $70,600 $0 $0
2020 $4,109 $64,200 $0 $0
2019 $2,897 $51,000 $0 $0
2018 $2,817 $48,450 $0 $0
2017 $2,745 $46,050 $0 $0
2016 $2,673 $42,850 $0 $0
2015 -- $42,850 $0 $0
2014 -- $42,850 $0 $0
2012 -- $42,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Demay Real Estate Agent - EXP REALTY OF MARQUETTE

    Seller's Agent in 2023

    John Demay

    EXP REALTY OF MARQUETTE

    (906) 362-1000

    35 Total Sales

    John Demay
    Section Image
  • CRYSTAL BARR BERGLUND Real Estate Agent - KELLER WILLIAMS NORTHERN MICHIGAN

    Seller's Agent in 2019

    CRYSTAL BARR BERGLUND

    KELLER WILLIAMS NORTHERN MICHIGAN

    (906) 360-2948

    72 Total Sales

    CRYSTAL BARR BERGLUND
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50110622

Upper Peninsula Association of REALTORS®

APN: 52-51-370-046-00

Michigan Marquette County Ishpeming 49849

418 Greenwood St, Ishpeming, MI

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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