Seller's Agent in 2024
Don Schinella
SELECT REALTY
(906) 362-9273
29 in this area
146 Total Sales
420 N Lake St Ishpeming, MI 49849
Estimated Value: $198,000 - $224,000
4
Beds
3
Baths
2,374
Sq Ft
$88/Sq Ft
Est. Value
Highlights
- Wood Flooring
- 1 Car Detached Garage
- Hot Water Heating System
- Corner Lot
- Ceiling height of 9 feet or more
- Wood Siding
About This Home
As of May 2024This TRIPLEX & MULTI-FAMILY home is very well-maintained and functions as a successful investment property, featuring three units. Within walking distance to dining, shopping & the library in downtown Ishpeming as well as the Iron Ore Heritage Trail. Since 2021, the home had been newly painted on the exterior, has had recent electrical updates, a newer roof, and brand new windows on the second floor. There is plenty of parking space along with a 1-car, detached garage. Landlord pays all utilities. There are two meters. The apartments are situated as follows: Apt. #1 $1,250/mo. all utilities included, 2 bedrooms, 1 bathroom. Apt. #2 $1,000/mo. all utilities included, 1 bedroom, 1 bathroom. Apt. #3 $825/mo. all utilities included, 1 bedroom, 1 bathroom.
Last Agent to Sell the Property
SELECT REALTY License #UPAR-6502349729 Listed on: 04/26/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1890
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 76x128x148
- Corner Lot
Parking
- 1 Car Detached Garage
Home Design
- Wood Siding
Interior Spaces
- 2-Story Property
- Ceiling height of 9 feet or more
- Wood Flooring
- Oven or Range
- Washer
- Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Utilities
- Hot Water Heating System
- Separate Meters
- Gas Water Heater
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 52-51-110-008-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 26, 2024
Closed on
May 29, 2024
Sold by
Bartlett Kimberlyn
Bought by
Tanagan Properties Llc
Seller's Agent
Don Schinella
SELECT REALTY
Buyer's Agent
Michael Golisek
RE/MAX 1ST REALTY
List Price
$195,000
Sold Price
$195,000
Views
7
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
$14,154
Avg. Annual Appreciation
4.51%
Original Mortgage
$156,000
Outstanding Balance
$154,040
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$55,114
Purchase Details
Listed on
Jun 18, 2021
Closed on
Aug 10, 2021
Sold by
Rivard Randall R
Bought by
Bartlett Kimberlyn
Seller's Agent
Darlene Martin
SELECT REALTY
Buyer's Agent
Don Schinella
SELECT REALTY
List Price
$129,900
Sold Price
$123,500
Premium/Discount to List
-$6,400
-4.93%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.72%
Original Mortgage
$105,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 29, 1995
Bought by
Rivard Randal
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 |
|---|---|---|---|
| Tanagan Properties Llc | $195,000 | None Listed On Document | |
| Bartlett Kimberlyn | $123,500 | Odea Nordeen And Pickens Pc | |
| Rivard Randal | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tanagan Properties Llc | $156,000 | |
| Previous Owner | Bartlett Kimberlyn | $105,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/29/2024 05/29/24 | Sold | $195,000 | 0.0% | $82 / Sq Ft | |
| 04/26/2024 04/26/24 | For Sale | $195,000 | +57.9% | $82 / Sq Ft | |
| 08/10/2021 08/10/21 | Sold | $123,500 | -4.9% | $50 / Sq Ft | View Prior Sale |
| 06/22/2021 06/22/21 | Pending | -- | -- | -- | |
| 06/18/2021 06/18/21 | For Sale | $129,900 | -- | $52 / 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 | $3,564 | $86,050 | $0 | $0 |
| 2024 | $12 | $85,500 | $0 | $0 |
| 2023 | $502 | $69,800 | $0 | $0 |
| 2022 | $2,182 | $43,950 | $0 | $0 |
| 2021 | $648 | $45,800 | $0 | $0 |
| 2020 | $634 | $43,950 | $0 | $0 |
| 2019 | $715 | $40,100 | $0 | $0 |
| 2018 | $695 | $38,850 | $0 | $0 |
| 2017 | $676 | $38,750 | $0 | $0 |
| 2016 | $656 | $13,550 | $0 | $0 |
| 2015 | -- | $13,550 | $0 | $0 |
| 2014 | -- | $14,050 | $0 | $0 |
| 2012 | -- | $12,150 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Don Schinella
-
Michael Golisek
Buyer's Agent in 2024
Michael Golisek
RE/MAX 1ST REALTY
(906) 236-3750
18 in this area
298 Total Sales
-
Darlene Martin
Seller's Agent in 2021
Darlene Martin
SELECT REALTY
(906) 251-0166
3 in this area
107 Total Sales
-
Missy Lehtomaki
Seller Co-Listing Agent in 2021
Missy Lehtomaki
RE/MAX 1ST REALTY
(906) 869-2770
14 in this area
154 Total Sales
Map
Source: Upper Peninsula Association of REALTORS®
MLS Number: 50140040
APN: 52-51-110-008-00
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