NOT LISTED FOR SALE

502 N 5th St Ishpeming, MI 49849

Estimated Value: $81,000 - $166,000

2 Beds
2 Baths
1,334 Sq Ft
$102/Sq Ft Est. Value

Last Sold November 07, 2022

Last sale price $130,000 $97 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $719/month

3 Days on Market

Highlights

  • Deck
  • Living Room
  • Bathroom on Main Level
  • Main Floor Bedroom
  • Bungalow
  • Forced Air Heating System

About This Home

As of November 2022

Charming home with so many updates already done. Walk in and you'll notice the convenient closet for coats and shoes. Spacious living room with natural light and the charm of the arched entryways. Two nice sized main floor bedrooms, recently updated bathroom with beautiful tile. Bright kitchen and dining room with built in corner cabinets. Upstairs you'll find a huge unfinished attic that could be used for storage or finished for additional living space. Downstairs has a large family room, huge full bathroom, a laundry area and plenty of room for storage. Updates to the home are roof (2019), furnace (2019), new wiring throughout home (except kitchen), new plumbing throughout and new insulation in the attic. Outside you'll enjoy the new large deck perfect for summer gatherings and you're right along the Heritage Trail so convenient for activities all year round. Call your REALTOR to schedule a showing!

Last Agent to Sell the Property

Adam Karki

RE/MAX 1ST REALTY License #UPAR Listed on: 09/27/2022

RE/MAX 1ST REALTY

Last Buyer's Agent

Craig Goff

KELLER WILLIAMS FIRST UP License #UPAR-6501437750

KELLER WILLIAMS FIRST UP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10

Year Built

  • Built in 1941

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 51x100

Parking

  • 2 Car Parking Spaces

Home Design

  • Bungalow

Interior Spaces

  • 1.5-Story Property
  • Living Room
  • Basement Fills Entire Space Under The House
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 52-51-209-006-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$10

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Bungalow
  • Structure Style: 1 1/2 Story
  • Year Built: 1941
  • Mail City: Ishpeming
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement: Full
  • Bedrooms: 2
  • Bedroom 1: On Main Floor, Dimensions: 11 x 15
  • Bedroom 2: On Main Floor, Dimensions: 12 x 10
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: On Level: Main
  • Bathroom 2: Dimensions: 11 x 10, On Level: Basement
  • Room Types: First Floor Bedroom, Living Room, Basement Full Bath, First Flr Full Bathroom
  • Dining Room: On Main Floor, Dimensions: 14 x 8
  • Great Room: In Basement, Dimensions: 18 x 10
  • Kitchen: On Main Floor, Dimensions: 12 x 11
  • Living Room: On Main Floor, Dimensions: 15 x 12
  • Below Grade Sq Ft: 1044
  • Finished Below Grade Sq Ft: 290
  • Above Grade Finished Sq Ft: 1044
  • Total Finished Sq Ft: 1334

Exterior Features

  • Exterior: Aluminum
  • Exterior Features: Deck
  • Foundation: Basement
  • Frontage: 51
  • Road: City/County, Paved Street, Year Round
  • Frontage Type: Road

Garage/Parking

  • Parking: 2 Spaces
  • Garage: No

Utilities

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

Lot Info

  • Assessor Parcel Number: 52-51-209-006-00
  • Zoning: Residential
  • Lot Dimensions: 51x100
  • Acreage: 0.11
  • Geo Subdivision: MI
  • Site/Lot Features: Platted

Tax Info

  • Summer Tax: Year: 2022
  • Winter Tax: Year: 2021

MLS Schools

  • School District: Ishpeming Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2022
Closed on
Nov 4, 2022
Sold by
Jewell Joseph and Jewell Katie
Bought by
Jacobson Jade Ann
Seller's Agent
Adam Karki
RE/MAX 1ST REALTY
Buyer's Agent
Craig Goff
KELLER WILLIAMS FIRST UP
List Price
$114,900
Sold Price
$130,000
Premium/Discount to List
$15,100
13.14%
Current Estimated Value
$135,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,970
Avg. Annual Appreciation
2.12%
Original Mortgage
$94,000
Outstanding Balance
$91,145
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$46,933

Purchase Details

Listed on
Feb 11, 2014
Closed on
Jul 2, 2014
Bought by
Argall Katelyn
Seller's Agent
Gina Feltner Bouws
RE/MAX 1ST REALTY
Buyer's Agent
Sandra Innerbener
EXP REALTY LLC
List Price
$51,900
Sold Price
$36,000
Premium/Discount to List
-$15,900
-30.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.60%
Source: Public Records

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
Jacobson Jade Ann $130,000 --
Argall Katelyn $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobson Jade Ann $94,000
Previous Owner Jewell Joseph $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2022 11/07/22 Sold $130,000 +13.1% $97 / Sq Ft
09/30/2022 09/30/22 Pending -- -- --
09/27/2022 09/27/22 For Sale $114,900 +134.5% $86 / Sq Ft
05/15/2018 05/15/18 Sold $49,000 -1.8% $47 / Sq Ft
04/11/2018 04/11/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $49,900 +21.7% $48 / Sq Ft
07/30/2017 07/30/17 For Sale $41,000 0.0% $26 / Sq Ft
07/28/2017 07/28/17 Sold $41,000 +13.9% $26 / Sq Ft
06/04/2017 06/04/17 Pending -- -- --
07/02/2014 07/02/14 Sold $36,000 -30.6% $34 / Sq Ft
06/06/2014 06/06/14 Pending -- -- --
02/11/2014 02/11/14 For Sale $51,900 -- $50 / 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 $10 $50,750 $0 $0
2024 $10 $50,200 $0 $0
2023 $408 $40,750 $0 $0
2022 $1,203 $26,600 $0 $0
2021 $1,178 $27,800 $0 $0
2020 $1,153 $26,600 $0 $0
2019 $1,134 $24,700 $0 $0
2018 $990 $23,500 $0 $0
2017 $963 $23,450 $0 $0
2016 $931 $21,000 $0 $0
2015 -- $21,000 $0 $0
2014 -- $21,900 $0 $0
2012 -- $22,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50091388

Upper Peninsula Association of REALTORS®

APN: 52-51-209-006-00