NOT LISTED FOR SALE

507 E Margaret St Iron Mountain, MI 49801

Estimated Value: $104,000 - $144,000

2 Beds
1 Bath
1,208 Sq Ft
$104/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $108,000 $89 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $793/month

8 Days on Market

Highlights

  • Deck
  • Porch
  • Living Room
  • Traditional Architecture
  • Eat-In Kitchen
  • Bathroom on Main Level

About This Home

As of November 2022

Affordable, spacious, AND beautiful home features first-floor laundry, full bath, central air, fireplace, deck, 2 bedrooms upstairs, and a large first-floor family room that could EASILY be converted to a third bedroom on the main level! Lots of great updates have already been taken care of for you, such as new flooring, furnace, roof, windows, water heater, and roof. Additional recent improvements include new asphalt, shed, chimney, and siding. There's plenty of room to add a garage if desired, too!

Last Agent to Sell the Property

Betsy Sawicky

STEPHENS REAL ESTATE License #UPAR-6501284459 Listed on: 10/03/2022

Last Buyer's Agent

Jodi Wickman

NORTHERN HERITAGE License #UPAR-6501322947

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1917

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x125

Parking

  • 2 Car Parking Spaces

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,208 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement

Outdoor Features

  • Deck
  • Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • Gays Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 051-101-172-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,525

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Traditional
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 1414.5
  • Total Tax Year: 2021
  • Year Built: 1917
  • Mail City: Iron Mountain
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Fireplace: Yes
  • Fireplaces: Gas Fireplace
  • Basement: Yes
  • Basement: Full, Stone, Unfinished
  • Bedrooms: 2
  • Bedroom 1: On 2nd Floor, Dimensions: 12 x 12
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On 2nd Floor, Dimensions: 10 x 11
  • Bedroom 2 Floor Covering: Carpet
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: First
  • Room Types: Family Room, First Floor Laundry, Living Room, First Flr Full Bathroom, Eat-In Kitchen
  • Dining Room: On 1st Floor, Dimensions: 9 x 10
  • Dining Room Floor Covering: Carpet
  • Family Room: On 1st Floor, Dimensions: 14 x 15
  • Family Room Floor Covering: Laminate
  • Kitchen: On 1st Floor, Dimensions: 13 x 13
  • Kitchen Floor Covering: Laminate
  • Laundry: On 1st Floor, Dimensions: 7 x 10
  • Laundry Room Floor Covering: Laminate
  • Living Room: On 1st Floor, Dimensions: 12 x 11
  • Living Room Floor Covering: Carpet
  • Below Grade Sq Ft: 600
  • Above Grade Finished Sq Ft: 1208
  • Total Finished Sq Ft: 1208

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck, Porch
  • Foundation: Basement
  • Frontage: 50
  • Road: City/County, Paved Street
  • Out Buildings: Shed
  • Frontage Type: Road

Garage/Parking

  • Parking: 2 Spaces
  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Electric
  • Cooling: Ceiling Fan(s), Central A/C

Lot Info

  • Assessor Parcel Number: 051-101-172-00
  • Zoning: Residential
  • Lot Dimensions: 50x125
  • Acreage: 0.14
  • Geo Subdivision: MI
  • Site/Lot Features: Sidewalks, City Limits

Tax Info

  • Summer Tax: Year: 2021, Amount: $1,075.83
  • Winter Tax: Year: 2021, Amount: $338.67
  • Total Tax: Year: 2021, Amount: $1,414.50

MLS Schools

  • School District: Iron Mountain City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2022
Closed on
Nov 18, 2022
Sold by
Christy Donald
Bought by
Harris Michael
Seller's Agent
Betsy Sawicky
STEPHENS REAL ESTATE
Buyer's Agent
Jodi Wickman
NORTHERN HERITAGE
List Price
$99,900
Sold Price
$108,000
Premium/Discount to List
$8,100
8.11%
Current Estimated Value
$121,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,551
Avg. Annual Appreciation
5.74%
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
Harris Michael $108,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $108,000 +8.1% $89 / Sq Ft
10/03/2022 10/03/22 For Sale $99,900 -- $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 $1,525 $43,400 $43,400 $0
2024 $1,324 $39,200 $39,200 $0
2023 $1,309 $32,500 $0 $0
2022 $1,461 $27,000 $0 $0
2021 $1,415 $25,200 $0 $0
2020 $1,412 $24,500 $0 $0
2019 $1,374 $21,600 $0 $0
2018 $1,347 $21,600 $0 $0
2017 $996 $23,500 $0 $0
2016 $1,091 $23,700 $3,000 $20,700
2014 -- $23,700 $3,000 $20,700
2012 -- $22,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50092029

Upper Peninsula Association of REALTORS®

APN: 051-101-172-00