NOT LISTED FOR SALE

501 Isabella Ave Palmer, MI 49871

Estimated Value: $124,000 - $146,834

2 Beds
1 Bath
1,008 Sq Ft
$135/Sq Ft Est. Value

Last Sold June 15, 2023

Last sale price $96,000 $95 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $742/month

8 Days on Market

Highlights

  • Deck
  • Sun or Florida Room
  • Porch
  • Lakeview Elementary School Rated A-
  • 2 Car Direct Access Garage
  • Eat-In Kitchen

About This Home

As of June 2023

Easy commute to Marquette, Negaunee or Gwinn! This one family home features a main floor bath, a large open living area, an eat in kitchen and a 6x16 sunroom to enjoy morning coffee or a relaxing summer night. The upper level features two bedrooms as well as a half bath, new carpeting and tons of storage. There is a ramped entrance from the two-car attached garage into the 6x18 Breezeway. Private back yard with a large deck. Upgrades include electrical and roof over the garage & breezeway in 2019. New triple pane windows are in process of being installed in the main house excluding the back porch and garage.

Last Agent to Sell the Property

Fran Sevegney

RE/MAX 1ST REALTY License #UPAR-6501343111 Listed on: 05/04/2023

RE/MAX 1ST REALTY

Last Buyer's Agent

ROBERT PLOTEZKA

KELLER WILLIAMS FIRST UP License #UPAR-6501417990

KELLER WILLIAMS FIRST UP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1925

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 105x78x75x82

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Sun or Florida Room
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Breezeway
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available

Community Details

  • Plat Of Palmer Subdivision

Listing and Financial Details

  • Assessor Parcel Number 52-13-220-004-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$683

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type: Residential
  • Type Of Property: Single Family
  • Architecture Style: Conventional Frame
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 683
  • Total Tax Year: 2022
  • Year Built: 1925
  • Mail City: Palmer
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Fireplaces: None (FireplaceFeatures)
  • Basement: Yes
  • Basement: Partial
  • Bedrooms: 2
  • Bedroom 1: On 2nd Floor, Dimensions: 7 x 12
  • Bedroom 2: On 2nd Floor, Dimensions: 11 x 11
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: On Level: First
  • Room Types: Breezeway, Living Room, Sun/Florida Room, Primarybdrm Lavatory, Eat-In Kitchen
  • Kitchen: On 1st Floor, Dimensions: 13 x 12
  • Living Room: On 1st Floor, Dimensions: 14 x 20
  • Sun Room: On 1st Floor, Dimensions: 16 x 6
  • Below Grade Sq Ft: 150
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1008
  • Total Finished Sq Ft: 1008

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck, Porch
  • Foundation: Partial Basement
  • Frontage: 105
  • Road: City/County, Paved Street, Year Round
  • Out Buildings: None (OtherStructures)
  • Frontage Type: Road

Garage/Parking

  • Garage: Attached Garage, Gar Door Opener, Direct Access
  • Garage Spaces: 2
  • Parking: 2 Spaces, Garage, Paved Driveway
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Assessor Parcel Number: 52-13-220-004-00
  • Zoning: Residential
  • Lot Dimensions: 105x78x75x82
  • Acreage: 0.14
  • Geo Subdivision: MI
  • Site/Lot Features: Platted

Tax Info

  • Summer Tax: Year: 2022, Amount: $397.00
  • Winter Tax: Year: 2022, Amount: $286.00
  • Total Tax: Year: 2022, Amount: $683.00

MLS Schools

  • School District: Negaunee Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2023
Closed on
Jun 15, 2023
Sold by
Korpi Richard John
Bought by
Griffes Megan
Seller's Agent
Fran Sevegney
RE/MAX 1ST REALTY
Buyer's Agent
ROBERT PLOTEZKA
KELLER WILLIAMS FIRST UP
List Price
$89,900
Sold Price
$96,000
Premium/Discount to List
$6,100
6.79%
Total Days on Market
8
Current Estimated Value
$136,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,278
Avg. Annual Appreciation
15.53%
Original Mortgage
$86,400
Outstanding Balance
$83,549
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$48,710
Source: Public Records

Range of Values:

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Average Value
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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
Griffes Megan $96,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffes Megan $86,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Sold $96,000 +6.8% $95 / Sq Ft
05/12/2023 05/12/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $89,900 -- $89 / 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 $12 $61,400 $0 $0
2024 $12 $63,400 $0 $0
2023 $229 $29,600 $0 $0
2022 $683 $21,300 $0 $0
2021 $661 $24,350 $0 $0
2020 $633 $21,300 $0 $0
2019 $594 $21,300 $0 $0
2018 $556 $19,950 $0 $0
2017 $570 $20,750 $0 $0
2016 $553 $22,314 $0 $0
2015 -- $22,314 $0 $0
2014 -- $21,350 $0 $0
2012 -- $20,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50108024

Upper Peninsula Association of REALTORS®

APN: 52-13-220-004-00