NOT LISTED FOR SALE

516 E High St Ishpeming, MI 49849

Estimated Value: $50,000 - $127,000

3 Beds
1 Bath
1,380 Sq Ft
$77/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $100,000 $72 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $595/month

106 Days on Market

Highlights

  • Traditional Architecture
  • 1 Car Attached Garage
  • Hot Water Heating System
  • Wood Flooring

About This Home

As of February 2023

Nice house, centrally located in Ishpeming. House has an attached garage with a walk-in to the basement. First floor starts out with a large, enclosed porch that opens to n 11x6' foyer area. The deep-set living room has the dining area in the back, a swing door to the kitchen with a little breakfast nook, extra pantry and stairs that lead to the back yard. Upstairs are 3 bedrooms and a full bathroom and a laundry shoot that travels to the basement. Two of the bedrooms have hardwood floors and it is believed that the 3rd does under the carpet. The basement is divided into four sections; entrance shower area, laundry room, work room and walk-in space from the garage. There is some recent unfinished repair work on the kitchen wall from a previous upper bathroom. The Seller has stated that the roof is only 2 years old.

Last Listed By

Tracy Henriksen

RE/MAX 1ST REALTY License #UPAR Listed on: 09/23/2022

RE/MAX 1ST REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1915

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x100

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 1.5-Story Property
  • Partially Finished Basement
  • Block Basement Construction

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Community Sewer or Septic

Community Details

  • City Of Ishpemeing Excelsior Iron Co's Second Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 52-51-214-006-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$11

Year Built

Built in 1915

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
  • Year Built: 1915
  • Mail City: Ishpeming
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Yes
  • Basement: Block, Partially Finished
  • Bedrooms: 3
  • Bedroom 1: On Upper Floor, Dimensions: 10 x 12
  • Bedroom 1 Floor Covering: Wood
  • Bedroom 2: On Upper Floor, Dimensions: 9 x 12
  • Bedroom 2 Floor Covering: Wood
  • Bedroom 3: On Upper Floor, Dimensions: 9 x 12
  • Bedroom 3 Floor Covering: Carpet
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 5 x 6, On Level: Upper, Flooring: Ceramic
  • Dining Room: On Main Floor, Dimensions: 11 x 12
  • Dining Room Floor Covering: Carpet
  • Kitchen: On Main Floor, Dimensions: 14 x 10
  • Kitchen Floor Covering: Vinyl
  • Living Room: On Main Floor, Dimensions: 18 x 12
  • Living Room Floor Covering: Carpet
  • Below Grade Sq Ft: 720
  • Finished Below Grade Sq Ft: 120
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1260
  • Total Finished Sq Ft: 1380

Exterior Features

  • Exterior: Aluminum
  • Foundation: Basement
  • Frontage: 50
  • Road: Paved Street, Year Round
  • Frontage Type: Road

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 1
  • Parking: 2 Spaces, Paved Driveway
  • Garage: Yes

Utilities

  • Heating: Hot Water
  • Heating Fuel: Natural Gas
  • Sewer: Community
  • Water: Community
  • Water Heater: Electric

Lot Info

  • Assessor Parcel Number: 52-51-214-006-00
  • Lot Dimensions: 50x100
  • Acreage: 0.11
  • Geo Subdivision: MI
  • Site/Lot Features: City Limits

Tax Info

  • Summer Tax: Year: 2022, Amount: $645.99
  • Winter Tax: Year: 2021, Amount: $677.38
  • Total Tax: Year: 2022, Amount: $1,323.37

MLS Schools

  • School District: Ishpeming Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2022
Closed on
Feb 10, 2023
Sold by
Niemi Douglas E
Bought by
Mcpherson Miles and Mandel Chelsea
Seller's Agent
Tracy Henriksen
RE/MAX 1ST REALTY
Buyer's Agent
Tracy Henriksen
RE/MAX 1ST REALTY
List Price
$123,000
Sold Price
$100,000
Premium/Discount to List
-$23,000
-18.7%
Total Days on Market
106
Current Estimated Value
$106,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,702
Avg. Annual Appreciation
22.03%
Original Mortgage
$80,000
Outstanding Balance
$78,106
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$77,472

Purchase Details

Closed on
Sep 7, 2022
Sold by
William Carlson
Bought by
Niemi Douglas E

Range of Values:

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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
Mcpherson Miles $100,000 Transnation Title Agency
Niemi Douglas E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcpherson Miles $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2023 02/10/23 Sold $100,000 -18.7% $72 / Sq Ft
01/07/2023 01/07/23 Pending -- -- --
12/08/2022 12/08/22 For Sale $123,000 0.0% $89 / Sq Ft
10/07/2022 10/07/22 Pending -- -- --
09/27/2022 09/27/22 Price Changed $123,000 +2.5% $89 / Sq Ft
09/23/2022 09/23/22 For Sale $120,000 -- $87 / 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
2024 $11 $47,850 $0 $0
2023 $382 $38,150 $0 $0
2022 $1,330 $29,950 $0 $0
2021 $1,302 $31,200 $0 $0
2020 $1,275 $29,950 $0 $0
2019 $1,254 $27,300 $0 $0
2018 $1,246 $28,000 $0 $0
2017 $1,212 $27,950 $0 $0
2016 $1,172 $27,250 $0 $0
2015 -- $27,250 $0 $0
2014 -- $28,450 $0 $0
2012 -- $30,100 $0 $0
Source: Public Records

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Source: Upper Peninsula Association of REALTORS®

MLS Number: 50091118

Upper Peninsula Association of REALTORS®

APN: 52-51-214-006-00