NOT LISTED FOR SALE

520 E Main St Iron Mountain, MI 49801

Estimated Value: $82,000 - $119,000

Studio
2 Baths
1,824 Sq Ft
$56/Sq Ft Est. Value

Last Sold February 24, 2022

Last sale price $36,900 $20 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $634/month

164 Days on Market

Highlights

  • Deck
  • Fenced Yard
  • Hot Water Heating System
  • Wood Flooring
  • Porch

About This Home

As of February 2022

Lots of potential with this investment opportunity - Two Story, Two Unit close to town / walking distance to many amenities. Hardwood floors. New roof (spring 2021), Furnace (Dec 2015), Hybrid hot water heater (2016)

Last Agent to Sell the Property

TRINA RAHM

STEPHENS REAL ESTATE-FLORENCE License #UPAR-91218 Listed on: 08/16/2021

Last Buyer's Agent

Margaret Hart

WILD RIVERS REALTY-IM License #UPAR

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 125
  • Fenced Yard

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Partial Basement

Outdoor Features

  • Deck
  • Porch

Utilities

  • Hot Water Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 22051-101-178-00 $1,337

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

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: 2021
  • Year Built: 1900
  • Mail City: Iron Mountain
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Hardwood Floors
  • Basement: Yes
  • Basement Type: Partial

Exterior Features

  • Exterior Features: Deck, Fenced Yard, Porch
  • Roads: City/County, Year Round

Utilities

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

Lot Info

  • Assessor Parcel Number: 22051-101-178-00 $1,337
  • Lot Dimensions: 50 x 125
  • Acreage: 0.14
  • Geo Subdivision: MI

Multi Family

  • Total Units: 2

Tax Info

  • Total Tax: Year: 2021

MLS Schools

  • School District: Breitung Township School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2021
Closed on
Feb 24, 2022
Sold by
Leclaire Tina
Bought by
Treloar Crystal
Seller's Agent
TRINA RAHM
STEPHENS REAL ESTATE-FLORENCE
Buyer's Agent
Margaret Hart
WILD RIVERS REALTY-IM
List Price
$54,900
Sold Price
$36,900
Premium/Discount to List
-$18,000
-32.79%
Current Estimated Value
$102,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,805
Avg. Annual Appreciation
29.93%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Treloar Crystal $36,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2022 02/24/22 Sold $36,900 -32.8% $20 / Sq Ft
01/27/2022 01/27/22 Pending -- -- --
08/16/2021 08/16/21 For Sale $54,900 -- $30 / 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 $1,227 $39,100 $39,100 $0
2024 $12 $35,300 $35,300 $0
2023 $1,120 $29,200 $0 $0
2022 $977 $25,500 $0 $0
2021 $1,334 $24,300 $0 $0
2020 $1,331 $23,500 $0 $0
2019 $1,295 $20,300 $0 $0
2018 $1,270 $20,300 $0 $0
2017 $939 $20,100 $0 $0
2016 $943 $19,700 $3,000 $16,700
2014 -- $19,700 $3,000 $16,700
2012 -- $16,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    TRINA RAHM

    STEPHENS REAL ESTATE-FLORENCE

    Section Image

  • M

    Buyer's Agent in 2022

    Margaret Hart

    WILD RIVERS REALTY-IM

    Section Image
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10072625

Upper Peninsula Association of REALTORS®

APN: 051-101-178-00

Michigan Dickinson County Iron Mountain 49801

520 E Main St, Iron Mountain, MI

Not Listed for Sale

MultiFamily

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