NOT LISTED FOR SALE

503 Bank St Ishpeming, MI 49849

Estimated Value: $133,000 - $212,000

6 Beds
2 Baths
2,424 Sq Ft
$72/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $79,500 $33 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $996/month

Highlights

  • Main Floor Bedroom
  • Bathroom on Main Level
  • Forced Air Heating System
  • Porch

About This Home

As of November 2020

Are you looking for a huge 6 bedroom 2 bath home that's had tons of updates? This could be it. The most recent updates to mention are blown in insulation (walls and attic) by K2 Construction, newer Bryant high efficiency furnace, roof (7 years ago), newer windows, newer carpeting. The current owners say it's very cozy and very affordable to heat. The huge open covered porch is a great place to kick back on those rain or shine days. The current owners looked into adding a small garage on the north side of the home (New buyers would need to confirm with zoning). Once used as a duplex but currently has been converted back to a single family home. The potential is endless with this one.

Last Agent to Sell the Property

ROBERT PLOTEZKA

KELLER WILLIAMS FIRST UP License #UPAR-6501417990 Listed on: 09/24/2020

KELLER WILLIAMS FIRST UP

Last Buyer's Agent

Terry Huffman

RE/MAX 1ST REALTY License #UPAR

RE/MAX 1ST REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1888

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 75.75x100

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,424 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Dishwasher

Bedrooms and Bathrooms

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

Outdoor Features

  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 52-51-305-038-00

Home Details

Home Type

Single Family

Year Built

Built in 1888

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 2 Story
  • Year Built: 1888
  • Mail City: Ishpeming
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Dishwasher
  • Basement: Yes
  • Basement: Full
  • Bedrooms: 6
  • Bedroom 1: On Main Floor, Dimensions: 10 x 10
  • Bedroom 2: On Main Floor, Dimensions: 19 x 13
  • Bedroom 3: On Upper Floor, Dimensions: 19 x 13
  • Bedroom 4: On Upper Floor, Dimensions: 19 x 13
  • Bedroom 5: On Upper Floor, Dimensions: 14 x 13
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Upper
  • Room Types: First Floor Bedroom, First Flr Full Bathroom
  • Below Grade Sq Ft: 1308
  • Above Grade Finished Sq Ft: 2424
  • Total Finished Sq Ft: 2424

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Porch
  • Foundation: Basement
  • Road: City/County

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Cooling: Wall/Window A/C

Lot Info

  • Assessor Parcel Number: 52-51-305-038-00
  • Lot Dimensions: 75.75x100
  • Acreage: 0.17
  • Geo Subdivision: MI

MLS Schools

  • School District: Ishpeming Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2020
Closed on
Nov 20, 2020
Sold by
Barabe Lisa A
Bought by
Ekdahl Katie
Seller's Agent
ROBERT PLOTEZKA
KELLER WILLIAMS FIRST UP
Buyer's Agent
Terry Huffman
RE/MAX 1ST REALTY
List Price
$84,000
Sold Price
$79,500
Premium/Discount to List
-$4,500
-5.36%
Current Estimated Value
$175,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,759
Avg. Annual Appreciation
16.70%
Original Mortgage
$75,525
Outstanding Balance
$67,207
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$108,052

Purchase Details

Closed on
Sep 20, 2018
Sold by
Jennie Scott
Bought by
Barabe Lisa A

Purchase Details

Closed on
Jan 8, 2001
Bought by
Scott Jennie
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
Ekdahl Katie $79,500 Transnation Title Agency
Barabe Lisa A $58,000 --
Scott Jennie $4,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ekdahl Katie $75,525
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2020 11/20/20 Sold $79,500 -5.4% $33 / Sq Ft
09/24/2020 09/24/20 For Sale $84,000 -- $35 / Sq Ft
09/23/2020 09/23/20 Pending -- -- --
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 $970 $56,250 $0 $0
2024 $9 $40,750 $0 $0
2023 $386 $39,350 $0 $0
2022 $1,676 $35,550 $0 $0
2021 $1,641 $35,550 $0 $0
2020 $1,520 $35,550 $0 $0
2019 $1,495 $32,550 $0 $0
2018 $1,932 $31,400 $0 $0
2017 $1,883 $30,050 $0 $0
2016 $1,833 $29,300 $0 $0
2015 -- $29,300 $0 $0
2014 -- $31,450 $0 $0
2012 -- $30,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10042081

Upper Peninsula Association of REALTORS®

APN: 52-51-305-038-00