NOT LISTED FOR SALE

Estimated Value: $142,000 - $155,000

-- Bed
3 Baths
2,304 Sq Ft
$65/Sq Ft Est. Value

Last Sold August 07, 2017

Last sale price $56,450 $25 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $938/month

10 Days on Market

Highlights

  • Porch
  • Forced Air Heating System
  • Laundry Facilities

About This Home

As of August 2017

Great investment property. Within walking distance of down town, restaurants, mall & grocery shopping. Live in one unit and rent out the other two units to make the loan payment. Good steady rental income. It's a must see!

Last Agent to Sell the Property

Margaret Hart

WILD RIVERS REALTY-IM License #UPAR Listed on: 06/29/2017

Last Buyer's Agent

Margaret Hart

WILD RIVERS REALTY-IM License #UPAR Listed on: 06/29/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 120

Parking

  • 3 Car Parking Spaces

Home Design

  • Vinyl Siding

Additional Features

  • Basement Fills Entire Space Under The House
  • Porch
  • Forced Air Heating System

Community Details

  • 3 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 051-103-679-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: More Than 2 Stories
  • Year Built: 1970
  • Mail City: Iron Mountain
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Basement Type: Full

Exterior Features

  • Construction: Vinyl Siding
  • Exterior Features: Porch
  • Roads: City/County

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

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

Condo/Co-op/Association

  • Community Amenities: Laundry Facility

Lot Info

  • Assessor Parcel Number: 051-103-679-00
  • Lot Dimensions: 50 x 120
  • Acreage: 0.14
  • Geo Subdivision: MI

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Iron Mountain City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2017
Closed on
Aug 7, 2017
Sold by
Phillip Celtic
Bought by
Jf Holdings Llc
Seller's Agent
Margaret Hart
WILD RIVERS REALTY-IM
Buyer's Agent
Margaret Hart
WILD RIVERS REALTY-IM
List Price
$67,500
Sold Price
$56,450
Premium/Discount to List
-$11,050
-16.37%
Current Estimated Value
$149,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,341
Avg. Annual Appreciation
12.34%
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
Jf Holdings Llc $56,450 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2017 08/07/17 Sold $56,450 -16.4% $25 / Sq Ft
07/09/2017 07/09/17 Pending -- -- --
06/29/2017 06/29/17 For Sale $67,500 -- $29 / 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 $1,852 $57,500 $57,500 $0
2024 $1,799 $41,100 $41,100 $0
2023 $1,698 $35,800 $0 $0
2022 $2,307 $37,000 $0 $0
2021 $2,124 $34,300 $0 $0
2020 $2,120 $34,300 $0 $0
2019 $2,063 $32,200 $0 $0
2018 $2,023 $32,200 $0 $0
2017 $1,826 $44,500 $0 $0
2016 $1,784 $38,100 $2,600 $35,500
2014 -- $38,100 $2,600 $35,500
2012 -- $43,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10071944

Upper Peninsula Association of REALTORS®

APN: 051-103-679-00