NOT LISTED FOR SALE

525 N Lake St Ishpeming, MI 49849

Estimated Value: $54,000 - $228,000

4 Beds
1.5 Baths
1,750 Sq Ft
$104/Sq Ft Est. Value

Last Sold August 04, 2021

Last sale price $170,000 $97 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,005/month

2 Days on Market

Highlights

  • Lake Front
  • Wood Flooring
  • Bathroom on Main Level
  • Deck
  • Main Floor Bedroom
  • Shed

About This Home

As of August 2021

Charming waterfront home on Lake Bancroft. The multi level deck offers beautiful lake views, perfect for summer entertaining. The interior features a gorgeous updated kitchen with walk in pantry, a large living room, and a formal dining room. The main floor 4th bedroom is currently being utilized as a main floor laundry room . Upstairs features 3 bedrooms, a half bath, and a spacious bonus area that could be used as a sitting room, an office or whatever you desire.

Last Listed By

Kristine Goupille

RE/MAX 1ST REALTY License #UPAR Listed on: 06/07/2021

RE/MAX 1ST REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14

Year Built

  • Built in 1887

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 50x90
  • Lake Front

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,750 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 52-51-250-138-30

Home Details

Home Type

Single Family

Est. Annual Taxes

$14

Year Built

Built in 1887

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 2 Story
  • Year Built: 1887
  • Mail City: Ishpeming
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail., Hardwood Floors
  • Appliances: Microwave, Range/Oven
  • Basement: Yes
  • Basement: Full
  • Bedrooms: 4
  • Bedroom 1: On 2nd Floor, Dimensions: 11 x 12
  • Bedroom 2: On 2nd Floor, Dimensions: 8 x 13
  • Bedroom 3: On 2nd Floor, Dimensions: 8 x 13
  • Bedroom 4: On 1st Floor, Dimensions: 10 x 11
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: On Level: First
  • Bathroom 2: On Level: Second
  • Room Types: First Floor Bedroom, First Flr Full Bathroom
  • Below Grade Sq Ft: 814
  • Above Grade Finished Sq Ft: 1750
  • Total Finished Sq Ft: 1750
  • Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck
  • Foundation: Basement
  • Frontage: 50
  • Lake Name: Lake Bancroft
  • Road: City/County, Year Round
  • Water Features: Lake Frontage, Interior Lake
  • Waterfront: Yes
  • Out Buildings: Shed
  • Frontage Type: Water

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 52-51-250-138-30
  • Lot Dimensions: 50x90
  • Acreage: 0.1
  • Geo Subdivision: MI

MLS Schools

  • School District: Ishpeming Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2021
Closed on
Aug 2, 2021
Sold by
Lee Cook Ii Abram
Bought by
Hills Trenton
Seller's Agent
Kristine Goupille
RE/MAX 1ST REALTY
Buyer's Agent
Patricia Olson
SELECT REALTY
List Price
$169,900
Sold Price
$170,000
Premium/Discount to List
$100
0.06%
Total Days on Market
2
Current Estimated Value
$181,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,240
Avg. Annual Appreciation
1.71%
Original Mortgage
$171,700
Outstanding Balance
$158,014
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$23,226

Purchase Details

Closed on
Jul 10, 2020
Sold by
Jarrett Boyer
Bought by
Cook Abram Lee and Riley Whitney Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,262
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1995
Bought by
Couveau Jeffrey and Barbara Carlson

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
Hills Trenton $170,000 Odea Nordeen And Pickens Pc
Cook Abram Lee $125,000 Ata National Title
Couveau Jeffrey $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hills Trenton $171,700
Previous Owner Cook Abram Lee $126,262
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2021 08/04/21 Sold $170,000 +0.1% $97 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $169,900 +35.9% $97 / Sq Ft
09/09/2020 09/09/20 Sold $125,000 +5.0% $71 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $119,000 +44.2% $68 / Sq Ft
02/06/2018 02/06/18 Sold $82,500 -24.9% $47 / Sq Ft
12/09/2017 12/09/17 Pending -- -- --
05/09/2017 05/09/17 For Sale $109,900 -- $63 / 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 $14 $78,850 $0 $0
2023 $562 $70,650 $0 $0
2022 $2,442 $47,700 $0 $0
2021 $2,382 $51,600 $0 $0
2020 $2,186 $47,700 $0 $0
2019 $2,179 $47,450 $0 $0
2018 $967 $42,350 $0 $0
2017 $941 $33,700 $0 $0
2016 $910 $32,750 $0 $0
2015 -- $32,750 $0 $0
2014 -- $29,800 $0 $0
2012 -- $27,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10044199

Upper Peninsula Association of REALTORS®

APN: 52-51-250-138-30