NOT LISTED FOR SALE

505 N Kimberly Ave Iron Mountain, MI 49801

Estimated Value: $404,805 - $492,000

7 Beds
3.5 Baths
4,500 Sq Ft
$100/Sq Ft Est. Value

Sale Details

Date Sold: December 3, 2024

Last sale price $200,000 $44 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,181 / mo

Highlights

  • 1.6 Acre Lot
  • 7 Car Detached Garage
  • Heating Available
  • Deck

About This Home

As of December 2024

Extra large 3-unit apartment building with 7-car garage. Excellent rental history & great investment!

Last Agent to Sell the Property

Ryan Gordon

STEPHENS REAL ESTATE License #UPAR Listed on: 12/03/2024

Last Buyer's Agent

Ryan Gordon

STEPHENS REAL ESTATE License #UPAR Listed on: 12/03/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1975

Lot Details

  • 1.6

Parking

  • 7 Car Detached Garage

Home Design

  • Bi-Level Home

Bedrooms and Bathrooms

  • 7 Bedrooms

Utilities

  • Heating Available
  • Separate Meters
  • Gas Water Heater

Additional Features

  • Oven or Range
  • Walk-Out Basement
  • Deck
  • 1.6 Acre Lot

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 051-000-291-01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8

Year Built

Built in 1975

Lot Details

1.6 Acres

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: Bi-Level
  • Total Tax Amount: 8609.47
  • Year Built: 1975
  • Mail City: Iron Mountain
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Walk Out
  • Bedrooms: 7
  • Full Bathrooms: 3
  • Total Bathrooms: 4
  • Source of Sq Ft: Estimated
  • Half Bathrooms: 1

Exterior Features

  • Exterior Features: Deck, Sidewalks
  • Foundation Type: Basement
  • Roads: City/County

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 7
  • Parking: 3 Or More Spaces, Covered Parking, Garage

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Fuel Type: Natural Gas
  • Heating System: Electric Heat
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 051-000-291-01
  • Lot Dimensions: 575x358xirreg
  • Acreage: 1.6
  • Lot Description: Large Lot - 65+ Ft.
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2024, Amount: $6,991.12
  • Winter Tax: Year: 2024, Amount: $1,618.35
  • Total Tax: Amount: $8,609.47

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Iron Mountain City School District

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2024
Closed on
Dec 2, 2024
Sold by
Bought by
Seller's Agent
Ryan Gordon
STEPHENS REAL ESTATE
Buyer's Agent
Ryan Gordon
STEPHENS REAL ESTATE
List Price
$255,000
Sold Price
$200,000
Premium/Discount to List
-$55,000
-21.57%
Views
1
Current Estimated Value
$340,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,624
Avg. Annual Appreciation
65.12%

Purchase Details

Closed on
Feb 23, 2017
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$200,000 --
-- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/03/2024 12/03/24 Sold $200,000 -21.6% $44 / Sq Ft
12/03/2024 12/03/24 For Sale $255,000 -- $57 / Sq Ft
10/21/2024 10/21/24 Pending -- -- --
Source: Upper Peninsula Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,050 $248,300 $248,300 $0
2024 $70 $178,000 $178,000 $0
2023 $6,315 $157,600 $0 $0
2022 $7,480 $160,600 $0 $0
2021 $8,168 $153,700 $0 $0
2020 $7,242 $149,100 $0 $0
2019 $7,038 $132,200 $0 $0
2018 $6,904 $132,200 $0 $0
2017 $5,388 $130,500 $0 $0
2016 $5,259 $123,400 $8,000 $115,400
2014 -- $123,400 $8,000 $115,400
2012 -- $111,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ryan Gordon

    Seller's Agent in 2024

    Ryan Gordon

    STEPHENS REAL ESTATE

    (906) 774-8570

    353 Total Sales

    Ryan Gordon
    Section Image
See All Agents

Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50162412

Upper Peninsula Association of REALTORS®

APN: 051-000-291-01

Michigan Dickinson County Iron Mountain 49801

505 N Kimberly Ave, Iron Mountain, MI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Upper Peninsula Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.