NOT LISTED FOR SALE

516 E Mcleod Ave Ironwood, MI 49938

Estimated Value: $50,000 - $131,000

5 Beds
2 Baths
2,016 Sq Ft
$47/Sq Ft Est. Value

Last Sold January 11, 2019

Last sale price $20,000 $10 Per Sq Ft

Est. 387% increase in value since last sale

Current estimated payment $600/month

40 Days on Market

About This Home

As of January 2019

THE POSSIBILITIES ARE ENDLESS, HOME AND INCOME! Here is your opportunity to breathe new life into the old bones of this classic home. There are 2 units which both features charming original details. Both upstairs and downstairs units have 2 bedrooms and 1 bathroom. Each unit also has a formal dining room, a generously proportioned kitchen and an inviting living room. In addition, there's a secure detached double garage. You will have doorstep access to restaurants. The downstairs unit is ready for you to move in while you improve and update the upstairs unit. Make your move, before someone else does!

Last Agent to Sell the Property

MELODY HALE

EXP REALTY LLC License #UPAR Listed on: 11/03/2018

EXP REALTY LLC

Co-Listed By

Nancy Zak

ZAK'S REALTY License #UPAR-6501351668

Last Buyer's Agent

Dean Lantta

NORTHERN TRAILS REALTY License #UPAR

NORTHERN TRAILS REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $832

Year Built

  • Built in 1918

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 75'x63

Parking

  • 2 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Oven or Range

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Internet Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 52-22-260-200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$832

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Year: 2018
  • Year Built: 1918
  • Mail City: Ironwood
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Range/Oven
  • Basement: Yes
  • Basement Type: Full
  • Estimated Sq Ft: 2016

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2

Utilities

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

Lot Info

  • Assessor Parcel Number: 52-22-260-200
  • Lot Dimensions: 75'X63
  • Acreage: 0.11
  • Geo Subdivision: MI

Tax Info

  • Total Tax: Year: 2018

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Ironwood Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2018
Closed on
Jan 7, 2019
Sold by
Hill Nancy L
Bought by
Morris Kenneth H
Seller's Agent
MELODY HALE
EXP REALTY LLC
Buyer's Agent
Dean Lantta
NORTHERN TRAILS REALTY
List Price
$19,900
Sold Price
$20,000
Premium/Discount to List
$100
0.5%
Current Estimated Value
$97,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,389
Avg. Annual Appreciation
26.45%
Original Mortgage
$25,600
Outstanding Balance
$22,733
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$71,385
Source: Public Records

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
Morris Kenneth H $20,000 Associated Title & Closing S
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Kenneth H $25,600
Closed Morris Kenneth H $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2019 01/11/19 Sold $20,000 +0.5% $10 / Sq Ft
12/13/2018 12/13/18 Pending -- -- --
11/03/2018 11/03/18 For Sale $19,900 -- $10 / 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 $832 $33,987 $33,987 $0
2024 $770 $28,406 $28,406 $0
2023 $788 $24,736 $24,736 $0
2022 $768 $22,486 $22,486 $0
2021 $768 $21,874 $21,874 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $49,453 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2014 -- -- $0 $0
2013 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    MELODY HALE

    EXP REALTY LLC

    Section Image
  • Nancy Zak

    Seller Co-Listing Agent in 2019

    Nancy Zak

    ZAK'S REALTY

    (906) 364-5948

    87 in this area

    296 Total Sales

    Section Image
  • Dean Lantta

    Buyer's Agent in 2019

    Dean Lantta

    NORTHERN TRAILS REALTY

    (906) 932-1438

    43 in this area

    136 Total Sales

    Section Image
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10072040

Upper Peninsula Association of REALTORS®

APN: 52-22-260-200

Michigan Gogebic County Ironwood 49938

516 E Mcleod Ave, Ironwood, MI

This home is located at 516 E Mcleod Ave, Ironwood, MI 49938 since 03 November 2018 and is currently estimated at $94,118, approximately $46 per square foot. This property was built in 1918. 516 E Mcleod Ave is a home located in Gogebic County with nearby schools including Luther L. Wright K-12 School, All Saints Catholic Academy, and Northwoods Christian Academy.

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.

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