NOT LISTED FOR SALE

505 W South Ave Houghton, MI 49931

Estimated Value: $280,000 - $303,687

5 Beds
3 Baths
2,309 Sq Ft
$125/Sq Ft Est. Value

Last Sold June 06, 2024

Last sale price $251,000 $109 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,842/month

Highlights

  • Traditional Architecture
  • Wood Flooring
  • 2 Car Detached Garage
  • Houghton Elementary School Rated A
  • Fenced Yard
  • Hot Water Heating System

About This Home

As of June 2024

Spacious home on 2 lots with 5 BR 3 BA. Detached garage and fenced in yard. Nicely updated home in Houghton.

Last Agent to Sell the Property

Josh Stein

NORTHERN MICHIGAN LAND BROKERS - H License #UPAR-6502371572 Listed on: 06/05/2024

Last Buyer's Agent

Josh Stein

NORTHERN MICHIGAN LAND BROKERS - H License #UPAR-6502371572 Listed on: 06/05/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,777

Lot Details

  • 9,583 Sq Ft Lot
  • 100 Ft Wide Lot
  • Fenced Yard

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2,309 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement
  • Stone Basement

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 31-052-275-003-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,777

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type: Residential
  • Type Of Property: Single Family
  • Architecture Style: Traditional
  • Structure Style: 2 Story
  • Year Built: 19
  • Mail City: Houghton
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Hardwood Floors
  • Appliances: Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement: Stone
  • Bedrooms: 5
  • Bedroom 1: On 2nd Floor, Dimensions: 12 x 14
  • Bedroom 2: On 2nd Floor, Dimensions: 11 x 12
  • Bedroom 3: On 2nd Floor, Dimensions: 12 x 14
  • Bedroom 4: On 2nd Floor, Dimensions: 10 x 8
  • Bedroom 5: On 2nd Floor, Dimensions: 10 x 8
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Bathroom 1: On Level: Second
  • Bathroom 2: On Level: Third
  • Bathroom 3: On Level: Basement
  • Below Grade Sq Ft: 938
  • Above Grade Finished Sq Ft: 2309
  • Total Finished Sq Ft: 2309

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Fenced Yard
  • Foundation: Basement
  • Frontage: 100
  • Road: City/County
  • Out Buildings: None (OtherStructures)
  • Frontage Type: Road

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Hot Water
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Assessor Parcel Number: 31-052-275-003-00
  • Zoning: Residential
  • Lot Dimensions: 100*100
  • Acreage: 0.22
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2023
  • Winter Tax: Year: 2023

MLS Schools

  • School District: Houghton-Portage Twp Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2024
Closed on
Jun 5, 2024
Sold by
Kari Jacob T and Kari Morgan E
Bought by
Sylvester Genevieve C
Seller's Agent
Josh Stein
NORTHERN MICHIGAN LAND BROKERS - H
Buyer's Agent
Josh Stein
NORTHERN MICHIGAN LAND BROKERS - H
List Price
$251,000
Sold Price
$251,000
Current Estimated Value
$288,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,896
Avg. Annual Appreciation
10.65%
Original Mortgage
$254,545
Outstanding Balance
$251,234
Interest Rate
6.92%
Mortgage Type
Construction
Estimated Equity
$37,662

Purchase Details

Listed on
Aug 22, 2019
Closed on
Jul 22, 2020
Sold by
Deluca Michelle L
Bought by
Morgan Kari Jacob T
Seller's Agent
KRISTINE WEIDNER (JUKURI)
CENTURY 21 AFFILIATED
Buyer's Agent
Brian Rimpela
CENTURY 21 AFFILIATED
List Price
$174,900
Sold Price
$163,000
Premium/Discount to List
-$11,900
-6.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.80%
Original Mortgage
$154,850
Interest Rate
3.2%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 9, 2017
Sold by
Young Carol A
Bought by
Korinko Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,300
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2007
Sold by
Young Ryan L and Young Carol A
Bought by
Young Ryan L and Young Carol A
Source: Public Records

Range of Values:

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Average Value
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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
Sylvester Genevieve C $251,000 Attorney Only
Morgan Kari Jacob T $163,000 Attorney Only
Korinko Michelle L $130,000 Copper Range Abs & Title
Young Ryan L $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sylvester Genevieve C $254,545
Previous Owner Morgan Kari Jacob T $154,850
Previous Owner Korinko Michelle L $101,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/06/2024 06/06/24 Sold $251,000 0.0% $109 / Sq Ft
06/05/2024 06/05/24 For Sale $251,000 +54.0% $109 / Sq Ft
04/02/2024 04/02/24 Pending -- -- --
07/23/2020 07/23/20 Sold $163,000 -6.8% $78 / Sq Ft View Prior Sale
06/18/2020 06/18/20 Pending -- -- --
08/22/2019 08/22/19 For Sale $174,900 -- $83 / 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 $3,777 $112,050 $0 $0
2024 $2,913 $102,537 $0 $0
2023 $2,776 $85,086 $0 $0
2022 $3,434 $75,444 $0 $0
2021 $3,358 $72,410 $0 $0
2020 $3,835 $69,952 $0 $0
2019 $3,766 $61,058 $0 $0
2018 $3,671 $57,394 $0 $0
2017 $3,133 $54,460 $0 $0
2016 -- $51,743 $0 $0
2015 -- $49,401 $0 $0
2014 -- $49,428 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50144499

Upper Peninsula Association of REALTORS®

APN: 052-275-003-00