NOT LISTED FOR SALE

503 E Ridge St Ishpeming, MI 49849

Estimated Value: $95,000 - $171,000

2 Beds
2 Baths
1,596 Sq Ft
$83/Sq Ft Est. Value

Last Sold December 29, 2021

Last sale price $88,000 $55 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $697/month

48 Days on Market

Highlights

  • 2 Car Detached Garage
  • Porch
  • Forced Air Heating System

About This Home

As of December 2021

US41 W, South on Third St, left on Ridge St. Property on left.

Last Agent to Sell the Property

Fran Sevegney

RE/MAX 1ST REALTY License #UPAR-6501343111 Listed on: 09/17/2021

RE/MAX 1ST REALTY

Last Buyer's Agent

JENNIFER LACY

EXP REALTY OF MARQUETTE License #UPAR

EXP REALTY OF MARQUETTE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9

Year Built

  • Built in 1868

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 74x108

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Internet Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 52-51-305-022-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9

Year Built

Built in 1868

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Year: 2021
  • Year Built: 1868
  • Mail City: Ishpeming
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Basement Type: Full
  • Estimated Sq Ft: 1596

Exterior Features

  • Construction: Aluminum
  • Exterior Features: Porch
  • Roads: City/County, Year Round

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 2
  • Parking: Garage

Utilities

  • Water: Public Water
  • Fuel Type: Electric, Natural Gas
  • Heating System: Forced Air
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 52-51-305-022-00
  • Lot Dimensions: 74x108
  • Acreage: 0.19
  • Geo Subdivision: MI

Tax Info

  • Total Tax: Year: 2021

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Ishpeming Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2021
Closed on
Dec 29, 2021
Sold by
Johnson Peter O
Bought by
Juntti Chase and Juntti Celia
Seller's Agent
Fran Sevegney
RE/MAX 1ST REALTY
Buyer's Agent
JENNIFER LACY
EXP REALTY OF MARQUETTE
List Price
$94,900
Sold Price
$88,000
Premium/Discount to List
-$6,900
-7.27%
Current Estimated Value
$131,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,785
Avg. Annual Appreciation
10.14%
Original Mortgage
$86,406
Outstanding Balance
$79,959
Interest Rate
3.11%
Mortgage Type
FHA
Estimated Equity
$46,224

Purchase Details

Closed on
Jun 12, 1996
Bought by
Johnson Norman and Peter Johnson
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Juntti Chase $88,000 Transnation Title Agency
Johnson Norman -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Juntti Chase $86,406
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2021 12/29/21 Sold $88,000 -7.3% $55 / Sq Ft
11/04/2021 11/04/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $94,900 -- $59 / 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 $9 $58,750 $0 $0
2024 $9 $42,450 $0 $0
2023 $370 $41,050 $0 $0
2022 $1,607 $33,000 $0 $0
2021 $1,604 $33,000 $0 $0
2020 $1,574 $33,000 $0 $0
2019 $1,547 $30,200 $0 $0
2018 $1,504 $28,800 $0 $0
2017 $1,466 $29,550 $0 $0
2016 $1,428 $29,100 $0 $0
2015 -- $29,100 $0 $0
2014 -- $31,200 $0 $0
2012 -- $30,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10072587

Upper Peninsula Association of REALTORS®

APN: 52-51-305-022-00