NOT LISTED FOR SALE

Estimated Value: $95,000 - $157,000

4 Beds
2 Baths
2,016 Sq Ft
$62/Sq Ft Est. Value

Last Sold March 08, 2023

Last sale price $85,000 $42 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $808/month

123 Days on Market

About This Home

As of March 2023

Looking for an income property? Check out this historic corner lot property featuring a upstairs and downstairs unit. This two unit property features two bedrooms and 1 bath per unit. Each unit has in-unit, private washer and dryer hook ups. Tenants are responsible for their utilities, including water.

Last Agent to Sell the Property

Taylor Lindholm

STEPHENS REAL ESTATE License #UPAR-6501447005 Listed on: 09/23/2022

Last Buyer's Agent

Michael Connors

CONNORS REALTY GROUP License #UPAR-6501446241

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x105
  • Private Entrance
  • Corner Lot

Parking

  • 3 Car Parking Spaces

Home Design

  • Brick Exterior Construction

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • 2-Story Property
  • Separate Meters
  • Basement

Community Details

  • 2 Units
  • Hamilton & Merrymans 3Rd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 051-101-609-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 1822.63
  • Year Built: 1900
  • Mail City: Iron Mountain
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Half Bathrooms: 2
  • Source of Sq Ft: Assessors Data

Exterior Features

  • Construction: Brick
  • Foundation Type: Basement
  • Roads: City/County, Paved Street

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

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

Condo/Co-op/Association

  • Community Amenities: Pets-Allowed, Private Entry

Lot Info

  • Assessor Parcel Number: 051-101-609-00
  • Location: Corner Lot
  • Lot Dimensions: 50x105
  • Acreage: 0.12
  • Zoning: Residential
  • Geo Subdivision: MI

Rental Info

  • Lease Information: Month-To-Month

Tax Info

  • Summer Tax: Year: 2021, Amount: $1,386.00
  • Winter Tax: Year: 2021, Amount: $436.00
  • Total Tax: Amount: $1,822.63

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
Sep 23, 2022
Closed on
Mar 7, 2023
Sold by
Marotz Joey
Bought by
Weems Alexander and Casey Weems Casey
Seller's Agent
Taylor Lindholm
STEPHENS REAL ESTATE
Buyer's Agent
Michael Connors
CONNORS REALTY GROUP
List Price
$89,000
Sold Price
$85,000
Premium/Discount to List
-$4,000
-4.49%
Current Estimated Value
$124,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,716
Avg. Annual Appreciation
14.56%

Purchase Details

Closed on
Sep 29, 2014
Sold by
Donna R Donna R
Bought by
Marotz Joey and Marotz Ruth

Purchase Details

Closed on
Sep 10, 2014
Sold by
Adminstrator Of Veterans Affairs
Bought by
Fayas Donna R

Purchase Details

Closed on
Jun 30, 2014
Sold by
Bankers Trust Company Of California N A
Bought by
Fayas Donna R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Weems Alexander $85,000 --
Marotz Joey -- --
Fayas Donna R -- --
Fayas Donna R -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2023 03/08/23 Sold $85,000 -4.5% $42 / Sq Ft
09/23/2022 09/23/22 For Sale $89,000 -- $44 / 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 $1,848 $51,000 $51,000 $0
2024 $1,793 $46,200 $46,200 $0
2023 $1,216 $33,000 $0 $0
2022 $1,883 $31,300 $0 $0
2021 $1,823 $30,000 $0 $0
2020 $1,839 $29,300 $0 $0
2019 $1,790 $28,300 $0 $0
2018 $1,764 $28,300 $0 $0
2017 $1,304 $28,000 $0 $0
2016 $1,313 $27,300 $2,700 $24,600
2014 -- $27,300 $2,700 $24,600
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50091298

Upper Peninsula Association of REALTORS®

APN: 051-101-609-00