NOT LISTED FOR SALE

Estimated Value: $103,000 - $141,796

3 Beds
2 Baths
1,114 Sq Ft
$109/Sq Ft Est. Value

Last Sold September 13, 2023

Last sale price $100,000 $90 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $806/month

90 Days on Market

Highlights

  • 2 Car Detached Garage
  • Porch
  • Forced Air Heating System

About This Home

As of September 2023

North side Iron Mountain income property for sale! This duplex has a newer roof, newer furnace, newer hw heater and 200 amp electric. Sitting on a double corner lot this duplex also has a detached two car garage with a new roof. This quality duplex would be perfect to live in one unit and rent out the other to pay the mortgage! The upper unit is vacant and ready to occupy or to rent out to YOUR tenants!

Last Agent to Sell the Property

HUGH HARRIS

HARRIS STATE WIDE License #UPAR Listed on: 04/21/2023

Co-Listed By

Steve Harris

HARRIS STATE WIDE License #UPAR

Last Buyer's Agent

Joshua Gudwer

COLDWELL BANKER REAL ESTATE GROUP License #UPAR-6501445722

COLDWELL BANKER REAL ESTATE GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1967

Lot Details

  • 10,454

Parking

  • 2 Car Detached Garage

Interior Spaces

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Porch
  • 10,454 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • 2 Units
  • Hamilton & Merryman's 3Rd Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 051-101-492-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,046

Year Built

Built in 1967

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 Amount: 1610.36
  • Year Built: 1967
  • Mail City: Iron Mountain
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Estimated Sq Ft: 1114

Exterior Features

  • Construction: Aluminum
  • Exterior Features: Porch
  • Foundation Type: Basement
  • Roads: City/County

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 2

Utilities

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

Lot Info

  • Assessor Parcel Number: 051-101-492-00
  • Acreage: 0.24
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $1,224.76
  • Winter Tax: Year: 2022, Amount: $385.60
  • Total Tax: Amount: $1,610.36

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Iron Mountain City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2023
Closed on
Sep 13, 2023
Sold by
G & E Realty Llc
Bought by
Hayes Megan
Seller's Agent
HUGH HARRIS
HARRIS STATE WIDE
Buyer's Agent
Joshua Gudwer
COLDWELL BANKER REAL ESTATE GROUP
List Price
$104,900
Sold Price
$100,000
Premium/Discount to List
-$4,900
-4.67%
Views
5
Current Estimated Value
$115,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,854
Avg. Annual Appreciation
10.59%

Purchase Details

Listed on
Aug 12, 2016
Closed on
Jan 17, 2017
Sold by
Langsford Steven M
Bought by
G & E Realty Llc
Seller's Agent
Peggy Connors
CONNORS REALTY GROUP
Buyer's Agent
Peggy Connors
CONNORS REALTY GROUP
List Price
$38,000
Sold Price
$32,700
Premium/Discount to List
-$5,300
-13.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.27%
Original Mortgage
$26,160
Interest Rate
4.3%
Mortgage Type
Unknown
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
Hayes Megan $100,000 --
G & E Realty Llc $32,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner G & E Realty Llc $26,160
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2023 09/13/23 Sold $100,000 -4.7% $90 / Sq Ft
04/21/2023 04/21/23 For Sale $104,900 +220.8% $94 / Sq Ft
01/17/2017 01/17/17 Sold $32,700 -13.9% $16 / Sq Ft
12/09/2016 12/09/16 Pending -- -- --
08/12/2016 08/12/16 For Sale $38,000 -- $18 / 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 $2,046 $50,700 $50,700 $0
2024 $1,777 $45,800 $45,800 $0
2023 $1,286 $29,600 $0 $0
2022 $1,610 $27,100 $0 $0
2021 $1,559 $25,600 $0 $0
2020 $1,556 $24,900 $0 $0
2019 $1,514 $24,400 $0 $0
2018 $1,533 $24,400 $0 $0
2017 $1,129 $24,100 $0 $0
2016 $1,130 $44,300 $5,500 $38,800
2014 -- $44,300 $5,500 $38,800
2012 -- $39,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50106481

Upper Peninsula Association of REALTORS®

APN: 051-101-492-00